Care to share the fair value on this stock EL? Thanks. On Sat, Sep 26, 2009 at 12:05 AM, Elaine Sui <elainesu...@gmail.com> wrote:
> > > *Ehh, only one liner review for Bukit Asam? you know bukit asam is way below > their fair value.. hee [?] don't play hide and seek with me. > > Elaine* > * > * > On Fri, Sep 25, 2009 at 11:37 PM, Bagus Putra Perdana < > disclosure....@gmail.com> wrote: > >> >> >> Having Declared They Got a 19 % IRR is not that bad El, Ultimately when 12 >> % of it is already secured and Were Guaranteed by the rights to hold Account >> Receivables too. >> >> Why BUMI? Simple El.., The Price Level They Went Down Last Year, who didnt >> scoop them?!. i was avg down mine back then. that made my holding a bit >> bigger than it should be (damn i admit it, i didnt get out when it was 8000 >> and i do have some initial position at 2800 ish before the lehman incident, >> so it would be quite clear i re-shape my position at some much bargain >> level) >> >> Why do i keep on flirt BUMI despite its "Smart" Management? >> >> another simple one Missy, we all know that well too.. >> >> KPC! Indonesia Natives Gotta Have Some Chunks on that crownasset... Dang >> KPC is a really good one. a really good one... >> >> besides i dont just pick BUMI, I Have the chunk Of all Indonesia's Coal >> Proxy, with diffrent concentrated proportion of course... >> >> >> >> Its Not Easy To Double Production Level When Ure Producing At 50 Mn/Tonne >> Level. >> >> So Far Only BUMI and ADARO sitting at those level. >> >> Adaro Is An Exact Opposing Stories of BUMI, Come Up With Lousy Balance on >> IPO, They Gradually Improved the Lousy-Mezzanine-Build Balance sheet to a >> more and more healthy one. Proceeds Of IPO (Which Held at Fairly Good Price) >> was mainly used for Buying The Stake Of the Minority shares which were >> before punching their Earning After taxes (though they too bought it at >> exact expensive price as high as the IPO price). nonetheless no destruction >> on shareholders value. the remains Internal Cash was demonstrated to be used >> all for Coal-related decision. that provide some good marks for the >> management. >> >> negative thing is its likely already reflected on the price. Full Value >> Level has been reached. but the upside is there though, for longer-period >> player, given the assuring action of the shareholders. they dont do reckless >> non-coal acquisition. that made the difference, the whole difference... >> >> PTBA has Best Asset, They were A sure winner. >> >> Infinite Period Of Contract with Infinite Amount Resources. Not Yet >> Materialized. But Time Is Our Friend With This One >> >> Problem is their execution is naturally lame and slowed. well what can we >> say?, they were SOE. Time and commitment as a long-term holder is always on >> the mental note when we were entering this one. >> >> ITMG is very Good on Free CashFlow Wise. Its Balance were mostly On Hard >> Assets, problem is limited amount of current Reserves. 10-11 Year Span at >> best now. >> >> INDY? Not A Pure Play on Coal, I have to see more on KIDECO. but its quite >> prident with cash management. so its a neutral one. i didnt enter these one >> though. under review and Yet to be tuned later on. >> >> >> Thanks For Ur Toughts Missy... U always bring a good point of view... >> On Fri, Sep 25, 2009 at 11:05 PM, Elaine Sui <elainesu...@gmail.com>wrote: >> >>> >>> >>> *I'm worried about CIC. They're just rich big fat sitting duck. You can >>> create a good looking proposal, walk to their office, tell them you have a >>> good investment opportunity, bring them to dinner at expensive restaurant. >>> Soon they will pour you with munnnyyy. >>> >>> There's always be the magic words 'debt restruct' and that often happens >>> on Bakrie Group. I didn't say CIC is not smart, I'm just saying that Bumi >>> mgt is waay smarter (in a sarcastic way), and CIC is too big to watch over >>> this 'naughty boy'.. >>> >>> I wonder, why did you pick BUMI? >>> >>> Elaine >>> * >>> On Fri, Sep 25, 2009 at 10:24 PM, kang_ocoy_maen_saham < >>> disclosure....@gmail.com> wrote: >>> >>>> To The Extreme, Yes Missy, I am deeply worried, hence my deep concern >>>> (C'mon I Hold Some Pile Of BUMI too in My Portfolio, i dont like to cash-in >>>> at this level and unload it now but if the shareholder value is furtherly >>>> ruined by bad cash management, sure miss, i'll jump the boat and bundle the >>>> gain. safety first, that is what i was ordered to ensure...) >>>> >>>> Current CashFlow Figure Is Already Bleak Enough Even without extra 250Mn >>>> P/A Cash Coupon Payment. U know what i was talkin... All that worth for >>>> equity holders is freecashflow... >>>> >>>> Things would be Okay If the 1.9 Bio is properly directed.(Uhm Can U >>>> Whisper Their Ears to do so ^_^...) >>>> >>>> What do u say about BUMI's Management Effectiveness Missy? >>>> >>>> Care Sharing Us Your PERSONAL Tought of them? >>>> >>>> >>>> Greatly Appreciated... Thanks Before... >>>> >>>> >>>> >>>> --- In obrolan-bandar@yahoogroups.com, Elaine Sui <elainesu...@...> >>>> wrote: >>>> > >>>> > *Ehhhh.. did you say JUMP OUT? you're worried about the management >>>> > effectiveness, are you? >>>> > >>>> > Elaine** >>>> > * >>>> >>>> >>>> >>>> >>>> ------------------------------------ >>>> >>>> + + >>>> + + + + + >>>> Mohon saat meREPLY posting, text dari posting lama dihapus >>>> kecuali diperlukan agar CONTEXTnya jelas. >>>> + + + + + >>>> + +Yahoo! Groups Links >>>> >>>> >>>> >>>> >>> >> >> >> -- >> Each piece, or part, of the whole nature is always an approximation to the >> complete truth, or the complete truth so far as we know it. In fact, >> everything we know is only some kind of approximation, because we know that >> we do not know all the laws as yet. Therefore, things must be learned only >> to be unlearned again or, more likely, to be corrected.......The test of all >> knowledge is experiment. Experiment is the sole judge of scientific “truth”. >> - Richard Feynman >> >> >> > >
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