June 7, FA for Olam,
Current PE without Dilution
- PE - 15.7x
- NAV - S$0.7497
- EPS - $0.178
From Simple Value Investing prospective, Olam is definitely not a value investing. For simple Value Investing, what we are looking for at least,
- - PE 8x
- - Below NAV
- - Yield beats Inflation
Does such stock really exists? I would say YES. However, most Research houses always tell us to invest those useless stock like Olam. In this blog, I have managed to extract a version of CIMB Industry comparison of the Commodity Stocks. Clearly, US stock like Bunge and UK stock like Glencore are below NAV of 0.8 and PE 8x range respectively. Why don't the Research Analyst asks you to buy those value stocks?
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