One of a good stock is PT Mayora Indah (known as MYOR.JK). Until first half 2009, the company booked net profit Rp 71.2 billion, up 70% from same period last year. This archievement was beaten expectations.
Sales surged 41% year on year and gross margin going up from 20.1% to 21.6% in first quartal 2008 and 20% from fourth quartal 2008.
Since then, the share moving up to Rp 2.900 (last traded on 9th October 2009) from Rp 1.130 on 5th Januari 2009. My predictions: this share could be reach Rp 4.000 at the end of this year.
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