Samko game not over ???

Becos of its rocky years after IPO, Samko has not been able to pay a dividend. Will it come out & pay its maiden dividend this year?

Looks like a turnaround story with quarterly profits rising.
On top of that, the Indonesian domestic market is a resilient one, so Samko looks pretty defensive. Just hope they can pay a dividend for FY12. That would be a nice catalyst

I find a few things interesting about this stock: 1. margins have been expanding 2. its upstream and downstream expansion strategy. this may be linked to good products from M&A. 3. its acquisition of Bioforest - a venture company with Temasek personnel on board 4. Cipta Graha Kreasindo - property construction venture.


But its earnings growth got to catch up with its PE of over 20x

Today, closed at 12.5 cents, +0.5 cents, despite the overall market weakness.

Samko is a proxy to booming Indonesia economy - large country with high GDP growth.

Yes, Indonesia is one country that is immune to global shocks because of its huge domestic market.