Singapore Business Awards 2012 - ARA & Petra Food

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12 years 4 months ago #8577 by jonchar
There is a special supplement in the Business Times today on the 2 big winners, John Chang of Petra Food and John Lim of ARA Asset Management Limited.
Any one have any comments on both companies and would like to share their view on them?
 

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12 years 4 months ago #8580 by yeng
These individuals must be solid businessmen who won also for their businesses' good fundamentals. However, stock investing is about looking for undervalued stocks -- which are gems in the making. Petra Food is not undervalued - its trailing PE is 20X. It looked good end of 2011 before it made a 70-cent run-up to $2.50 currently.

ARA is one of the most impressive business models I know of -- but its valuation is.... hahaha, I can find other more attractively-priced stocks. Of course ARA could still move up 10 cents or whatever. Ditto for Petra. Good luck to whatever road you choose to travel on.

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12 years 4 months ago #8585 by jameskuwe
ARA has indeed moved up about 10 cents after it announced it is going to ipo in china in yuan denominations.

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