China Min Zhong

China Min Zhong: Lim & Tan Securities had a chat with co. regarding recent share price plunge. Note that phone conversation with China Minzhong suggest that operations continue to remain in line with what they had guided the market in their results briefing in late Feb’12. Veg prices continues to remain strong in current qtr, and co’s peak harvest season which was delayed by one mth last quarter is on track this qtr. While the heavier than normal sell-done in the stock despite consistent purchases by Templeton is a concern, house remains comforted on the fundamentals of the business and note that further weakness is likely to provide investors with a buying opportunity.