Thursday, January 11, 2007

Buy: Food Empire

http://www.foodempire.com

Have always had this counter on my watchlist since it was $0.30 cents, but never really took noticed of it until its price was $0.590. I read some report saying it won some award for its branding, so I decided to re-evaluate this stock.

Food Empire extremely popular company with the Russians

"Buy stocks with the branding advantage"

Their profit growths are growing at and increasing rate (rate of growth increasing). Stock prices been growing steadily. They have since left the years where profit growths was a struggle. Its time to expect them to put in impressive growth of >30% per quarter.

"Profit growths are important"

With the current increasing rate of growth, $.81 target by DBS will have to be upgraded soon. The Number of outstanding shares is relatively little as well.

"With small number of shares, less volume is required to cause an increase of share price.

BUY, with a sell target of $0.80
Vested at $0.595 (4th Jan 2007)

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