sino grandness - undervalued stock

Warren Buffett On Why He'll Never Sell a Share of Coke Stock

Watch Buffett :

Just tried VectorVest - to find out what it values Sino Grandness at. Answer -- $2.91.


Company Information
Business: Sino Grandness Food Industry Group Limited manufactures and sells canned vegetables and fruits. Its manufacturing activities operate principally in the People’s Republic of China.

Capital Appreciation
Value: Value is a measure of a stock's current worth. SOGF.SI has a current Value of $2.91 per share. Therefore, it is undervalued compared to its Price of $1.43 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.

Analyst from Maybank Kim Eng maintains his buy call :


Sino Grandness reported a set of good results. Revenue grew by 27% yoy to RMB595m and net profit grew by 24% yoy to RMB103m. 1H net profit accounted for 44% of our full year forecast. We maintain our earnings forecast unchanged as we believe that the company can do even better in 2H13 due to acceleration in beverage sales. The biggest catalyst for the stock, the spinoff of Garden Fresh, seems intact. Maintain BUY and target price of SGD1.89, based on SOTP valuation.

$1.27 today! It's a screaming buy.

Sino Grandness is due to go undergo scrutiny of investment bank appointed for IPO of beverage division. It has Goldman Sachs guy on board of directors. It surely won't be tripping over itself as it marches towards the IPO.

Big Fish wrote: $1.27 today! It's a screaming buy.

Sino Grandness is due to go undergo scrutiny of investment bank appointed for IPO of beverage division. It has Goldman Sachs guy on board of directors. It surely won't be tripping over itself as it marches towards the IPO.

BB own the stocks at 30-40 cents.
so dont buy at high....

1.618 wrote:

Big Fish wrote: $1.27 today! It's a screaming buy.

Sino Grandness is due to go undergo scrutiny of investment bank appointed for IPO of beverage division. It has Goldman Sachs guy on board of directors. It surely won't be tripping over itself as it marches towards the IPO.

BB own the stocks at 30-40 cents.
so dont buy at high....

Agreed - no need to rush in to buy S-Chips now as confidence has been shattered. If you are a die hard S-Chips fan, better to wait for dust to settle first. IMHO, those who hold Minzhong are likely to hold other S-Chips, and likely to sell down some or all , esp those who are holding under margin trading. Other weak holders will likely sell too as they are normally followers. Sorry for being blunt. Not vested in S-Chips.