Japfa (UD2): Lean, Mean, Protein Machine | Current: S$0.65 | Target: S$0.93 | Upside: +43% |

Left to right: Rachel Lim, Bryan Tan, Kenny Chia, Yee Jin Koi

Download the PDF report below:

Japfa Prinsep Capital PDF Download Link

Summary

My team consisting of SMU undergraduates Bryan Tan Jun Han, Jin Koi Yee, and Rachel Lim was fortunate to be placed in the top 8 of the NUS-SGX Stock Pitch Challenge 2019 (out of 117 participating teams) which concluded on 27 March 2019. The stock that we pitched was on Japfa(UD2.SI). We had a DCF and SOTP-backed target price of S$0.93 which represented a 43% upside. We felt that it would be a waste if no one else (besides the 4 judges) reads our report which we spent tremendous amounts of time and effort into. Hence, we would like to share our findings on the company as well as our investment theses with the community. We hope you enjoy reading it! 🙂

Bryan, Jin Koi, and I are vested in the company’s shares at an average price of S$0.655. We hope that the market re-rates the company to a more justified and reasonable valuation.

I have received some positive feedback/request on the mode of delivery of content via a PDF analyst-report-style instead of the usual blog post due to ease of reading and sharing. Hence, moving forward, where possible, I will simply upload a PDF file instead of publishing the content via a blog post. Do let me know what you think, do you prefer a PDF file or the good-old blog post?

Have a great weekend ahead!

Kenny Chia

Undergraduate, SMU

2 thoughts on “Japfa (UD2): Lean, Mean, Protein Machine | Current: S$0.65 | Target: S$0.93 | Upside: +43% |

  • April 8, 2019 at 7:55 PM
    Permalink

    You guys did a wonderful job of analyzing YZJ last year Aug2018 report and indeed it has sky-rocketed to near the price target 1.64 on 8 April 2019. Congratulation ! Keep up the good work !

    Reply
    • April 15, 2019 at 12:58 AM
      Permalink

      Hi EC, thank you very much. I’m glad you enjoyed reading our articles. 🙂

      Reply

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