Samsung @1100 Buy

Stock Code: SSNLF

Balance sheet of Samsung is what many business owner would dream about. Everything in its accounts from EPS to Cash tells us a story that signals a buy now. Though the patent battles in defeat, Samsung has never been weaken in any sense. Market reaction to news are but for momentum traders, value wise, SSNLF shines.

ROE of 20.8% may just make the mark for most, though you may not very much be impressed with this figures, the current debt standings of this massive giant will definitely draw your attention. As I looked at the numbers, I cannot help but imagine Samsung as a debt free company.

My growth estimates for SSNLF stands at 56%. With similar growth rates as Apple INC, my take is that there is still a massive market waiting for us. The world is for their taking.

Any form of intrinsic value will show you that SSNLF is currently undervalued. I price this at 3377.

Though our TA charts says Yes, simple moving average says maybe later. Its your call.

My recommendation Straight Call @1100.