Friday, March 25, 2011

Emiten Performance Ranking sementara

Emiten Performance Ranking sementara :

Ranking by best ROE:

Date: 24-03-11                     FINANCIAL RATIO COMPARISON 2010
                                          Sector: ALL STOCK
                                           Ranked by: ROE
                                          www.investdata.net

|-- ---- ------- --- --- --- ---- ---- --- ---------- ===--------- ===------ --------- ----------- ----------- ----- ------ --------
|  |    |       |(1) (2) (3)| (4)  (5)|(6)|    (7)   |     (10)   |   (8)   |   (9)   |(11)(12)(13|(14)(15)(16| (17)| (18) | MARKET|
|  |    | SALES |GRS OPR NET|         |ROA|    ROE   |     PER    |   COP   |   CLOP  |YoY GROWTH |Q4/Q3 GROWT|     | LAST |  CAP. |
|NO|STOC|bio Rp |MAR PRF PRF| PBV  DER|   |      |*LAST*|         |         |         |    OPR NET|    OPR NET| PEG |PRICE |bio Rp |
|  |    |mio USD| %   %   % |         |   | Q3 Q4|QUARTR|TDY Q4 Q3|TDY Q4 Q3|TDY Q4 Q3|SAL PRF PRF|SAL PRF PRF|     |      |mio Usd|
|-- ---- ------- === === === ==== ==== === === ---****** --- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|
| 1 ADMF   3.897| 49  49  37| 2,9| 1,0| 19| 42  38|40  7| 7|  8  6| 5|  6  5| 7|  8  6| -1  16| 21|  7   2|  3| 0,36|11.000| 11.000|
| 2 PTBA   7.909| 46  29  25| 7,6| 0,3| 23| 31  31|38 19|24| 26 24|21| 22 20|22| 23 21|-11 -35|-26| -4  14| 28|-0,92|21.100| 48.617|
| 3 AUTO   6.255| 18   9  18| 2,7| 0,4| 20| 30  29|32  8| 9|  9 12|18| 18 25|21| 21 28| 18  36| 48|  4  18| 17| 0,19|13.750| 10.603|
| 4 SMGR  14.344| 47  31  25| 4,5| 0,3| 23| 30  30|37 12|15| 15 17|12| 12 13|13| 13 14| -0   3|  9| 11  10| 24| 1,64| 9.250| 54.864|
| 5 ASII 129.991| 20  11  11| 4,6| 1,2| 12| 29  29|32 14|16| 15 16|15| 15 16|19| 19 20| 31  15| 43|  5  14|  2| 0,37|56.800|229.946|
| 6 AALI   8.843| 40  33  22| 4,9| 0,2| 22| 24  27|43 11|17| 20 19|11| 13 13|12| 14 14| 19  14| 21| 41  43| 33| 0,82|22.550| 35.510|
| 7 ITMG$  1.668| 32  21  12| 8,8| 0,5| 18| 34  28|10 86|31| 31 21|17| 17 13|18| 18 14| 10 -16|-39| 13 -34|-64|-0,80|50.650|  6.358|
| 8 EXCL  17.458| 29  29  16| 4,0| 1,3| 10| 25  24|27 14|16| 15 16| 9|  8  8|12| 11 12| 27 109| 69|-63 -65|-61| 0,24| 5.550| 47.219|
| 9 INTP  11.137| 49  36  28| 4,4| 0,1| 21| 25  24|25 17|18| 18 21|14| 14 17|15| 15 17|  5   8| 17| 10  13| 13| 1,04|15.800| 58.163|
|10 GJTL   9.853| 19  13   8| 2,1| 1,9|  8| 26  23|18 11| 9|  9  7| 5|  6  5|11| 11 10| 24  12| -8| 20  -2|-33|-1,09| 2.150|  7.492|
|11 UNTR  37.323| 18  13  10| 4,7| 0,8| 13| 25  24|22 20|19| 20 17|14| 15 13|17| 17 15| 27  -0|  1| -2  -3|-14|13,62|23.000| 76.518|
|12 LSIP   3.592| 49  38  28| 3,4| 0,2| 18| 20  22|34 10|15| 16 15|11| 12 11|11| 13 12| 12  37| 46| 42  80| 74| 0,07| 2.300| 15.692|
|13 SGRO   2.311| 36  28  19| 2,6| 0,3| 15| 17  21|38  6|12| 13 15| 8|  9 10| 9| 10 11| 27  42| 60| 51  67| 72| 0,21| 3.000|  5.670|
|14 ANTM   8.744| 33  22  19| 2,2| 0,2| 13| 14  17|30  7|12| 13 17|11| 12 13|12| 13 14|  0 231|178|113 277|277| 0,07| 2.250| 21.461|
|15 INDF  38.403| 32  17   7| 2,6| 1,8|  6| 25  17|16 16|15| 14 15| 6|  6  7|11| 10 12|  2  34| 42| -0   7|-15| 0,36| 5.150| 45.219|
|16 UNSP   3.004| 43  28  26| 0,5| 1,2|  4|  4   9|26  2| 5|  6 13| 5|  6  5|17| 18 15| 29  80|218| 45  19|283| 0,03|   355|  4.811|
|-- ---- ------- === === === ==== ==== === === --- ====== -- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|

1. GRS MRG: Gross Margin to Sales (in %)
2. OPR PRF: Operating Profit to Sales (in %)
3. NET PRF: Net Profit to Sales (in %)
4. PBV: Stock Price to Book value
5. DER: Debt Equity Ratio
6. ROA: Return On Asset (in %)
7. ROE: Return On Equity (in %)
         QTR: ROE Quartely, using Most Recent Quarter's Net Profit
8. COP: Capitalisation to Operating Profit (in years)
9. CLOP: Capitalisation + Liability to Operating profit (in years)
10. PER: Price Earning Ratio
         QTR: PER using Most Recent Quarter's Net Profit
11. Sales Growth in % (Year on Year comparison)
12. Operating Profit Growth in % (YOY comparison)
13. Net Profit Growth in % - (YOY comparison)
14. Sales Growth in % - (Most Recent Quarter comparison)
15. Operating Profit Growth in % - (MRQ comparison)
16. Net Profit Growth in % - (MRQ comparison)
17. PEG = PER / Net Profit Growth
- http://www.investdata.net/QZA4ALL6.TXT

Ranking by best PER:

Date: 24-03-11                     FINANCIAL RATIO COMPARISON 2010
                                          Sector: ALL STOCK
                                           Ranked by: PER
                                          www.investdata.net

|-- ---- ------- --- --- --- ---- ---- --- ---------- ===--------- ===------ --------- ----------- ----------- ----- ------ --------
|  |    |       |(1) (2) (3)| (4)  (5)|(6)|    (7)   |     (10)   |   (8)   |   (9)   |(11)(12)(13|(14)(15)(16| (17)| (18) | MARKET|
|  |    | SALES |GRS OPR NET|         |ROA|    ROE   |     PER    |   COP   |   CLOP  |YoY GROWTH |Q4/Q3 GROWT|     | LAST |  CAP. |
|NO|STOC|bio Rp |MAR PRF PRF| PBV  DER|   |      |*LAST*|         |         |         |    OPR NET|    OPR NET| PEG |PRICE |bio Rp |
|  |    |mio USD| %   %   % |         |   | Q3 Q4|QUARTR|TDY Q4 Q3|TDY Q4 Q3|TDY Q4 Q3|SAL PRF PRF|SAL PRF PRF|     |      |mio Usd|
|-- ---- ------- === === === ==== ==== === === ---****** --- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|
| 1 UNSP   3.004| 43  28  26| 0,5| 1,2|  4|  4   9|26  2| 5|  6 13| 5|  6  5|17| 18 15| 29  80|218| 45  19|283| 0,03|   355|  4.811|
| 2 ADMF   3.897| 49  49  37| 2,9| 1,0| 19| 42  38|40  7| 7|  8  6| 5|  6  5| 7|  8  6| -1  16| 21|  7   2|  3| 0,36|11.000| 11.000|
| 3 GJTL   9.853| 19  13   8| 2,1| 1,9|  8| 26  23|18 11| 9|  9  7| 5|  6  5|11| 11 10| 24  12| -8| 20  -2|-33|-1,09| 2.150|  7.492|
| 4 AUTO   6.255| 18   9  18| 2,7| 0,4| 20| 30  29|32  8| 9|  9 12|18| 18 25|21| 21 28| 18  36| 48|  4  18| 17| 0,19|13.750| 10.603|
| 5 SGRO   2.311| 36  28  19| 2,6| 0,3| 15| 17  21|38  6|12| 13 15| 8|  9 10| 9| 10 11| 27  42| 60| 51  67| 72| 0,21| 3.000|  5.670|
| 6 ANTM   8.744| 33  22  19| 2,2| 0,2| 13| 14  17|30  7|12| 13 17|11| 12 13|12| 13 14|  0 231|178|113 277|277| 0,07| 2.250| 21.461|
| 7 SMGR  14.344| 47  31  25| 4,5| 0,3| 23| 30  30|37 12|15| 15 17|12| 12 13|13| 13 14| -0   3|  9| 11  10| 24| 1,64| 9.250| 54.864|
| 8 LSIP   3.592| 49  38  28| 3,4| 0,2| 18| 20  22|34 10|15| 16 15|11| 12 11|11| 13 12| 12  37| 46| 42  80| 74| 0,07| 2.300| 15.692|
| 9 INDF  38.403| 32  17   7| 2,6| 1,8|  6| 25  17|16 16|15| 14 15| 6|  6  7|11| 10 12|  2  34| 42| -0   7|-15| 0,36| 5.150| 45.219|
|10 ASII 129.991| 20  11  11| 4,6| 1,2| 12| 29  29|32 14|16| 15 16|15| 15 16|19| 19 20| 31  15| 43|  5  14|  2| 0,37|56.800|229.946|
|11 EXCL  17.458| 29  29  16| 4,0| 1,3| 10| 25  24|27 14|16| 15 16| 9|  8  8|12| 11 12| 27 109| 69|-63 -65|-61| 0,24| 5.550| 47.219|
|12 AALI   8.843| 40  33  22| 4,9| 0,2| 22| 24  27|43 11|17| 20 19|11| 13 13|12| 14 14| 19  14| 21| 41  43| 33| 0,82|22.550| 35.510|
|13 INTP  11.137| 49  36  28| 4,4| 0,1| 21| 25  24|25 17|18| 18 21|14| 14 17|15| 15 17|  5   8| 17| 10  13| 13| 1,04|15.800| 58.163|
|14 UNTR  37.323| 18  13  10| 4,7| 0,8| 13| 25  24|22 20|19| 20 17|14| 15 13|17| 17 15| 27  -0|  1| -2  -3|-14|13,62|23.000| 76.518|
|15 PTBA   7.909| 46  29  25| 7,6| 0,3| 23| 31  31|38 19|24| 26 24|21| 22 20|22| 23 21|-11 -35|-26| -4  14| 28|-0,92|21.100| 48.617|
|16 ITMG$  1.668| 32  21  12| 8,8| 0,5| 18| 34  28|10 86|31| 31 21|17| 17 13|18| 18 14| 10 -16|-39| 13 -34|-64|-0,80|50.650|  6.358|
|-- ---- ------- === === === ==== ==== === === --- ====== -- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|

1. GRS MRG: Gross Margin to Sales (in %)
2. OPR PRF: Operating Profit to Sales (in %)
3. NET PRF: Net Profit to Sales (in %)
4. PBV: Stock Price to Book value
5. DER: Debt Equity Ratio
6. ROA: Return On Asset (in %)
7. ROE: Return On Equity (in %)
         QTR: ROE Quartely, using Most Recent Quarter's Net Profit
8. COP: Capitalisation to Operating Profit (in years)
9. CLOP: Capitalisation + Liability to Operating profit (in years)
10. PER: Price Earning Ratio
         QTR: PER using Most Recent Quarter's Net Profit
11. Sales Growth in % (Year on Year comparison)
12. Operating Profit Growth in % (YOY comparison)
13. Net Profit Growth in % - (YOY comparison)
14. Sales Growth in % - (Most Recent Quarter comparison)
15. Operating Profit Growth in % - (MRQ comparison)
16. Net Profit Growth in % - (MRQ comparison)
17. PEG = PER / Net Profit Growth
- http://www.investdata.net/QZA4ALL3.TXT

Ranking by best CLOP:

Date: 24-03-11                     FINANCIAL RATIO COMPARISON 2010
                                          Sector: ALL STOCK
                                           Ranked by: CLOP
                                          www.investdata.net

|-- ---- ------- --- --- --- ---- ---- --- ---------- ===--------- ===------ --------- ----------- ----------- ----- ------ --------
|  |    |       |(1) (2) (3)| (4)  (5)|(6)|    (7)   |     (10)   |   (8)   |   (9)   |(11)(12)(13|(14)(15)(16| (17)| (18) | MARKET|
|  |    | SALES |GRS OPR NET|         |ROA|    ROE   |     PER    |   COP   |   CLOP  |YoY GROWTH |Q4/Q3 GROWT|     | LAST |  CAP. |
|NO|STOC|bio Rp |MAR PRF PRF| PBV  DER|   |      |*LAST*|         |         |         |    OPR NET|    OPR NET| PEG |PRICE |bio Rp |
|  |    |mio USD| %   %   % |         |   | Q3 Q4|QUARTR|TDY Q4 Q3|TDY Q4 Q3|TDY Q4 Q3|SAL PRF PRF|SAL PRF PRF|     |      |mio Usd|
|-- ---- ------- === === === ==== ==== === === ---****** --- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|
| 1 ADMF   3.897| 49  49  37| 2,9| 1,0| 19| 42  38|40  7| 7|  8  6| 5|  6  5| 7|  8  6| -1  16| 21|  7   2|  3| 0,36|11.000| 11.000|
| 2 SGRO   2.311| 36  28  19| 2,6| 0,3| 15| 17  21|38  6|12| 13 15| 8|  9 10| 9| 10 11| 27  42| 60| 51  67| 72| 0,21| 3.000|  5.670|
| 3 GJTL   9.853| 19  13   8| 2,1| 1,9|  8| 26  23|18 11| 9|  9  7| 5|  6  5|11| 11 10| 24  12| -8| 20  -2|-33|-1,09| 2.150|  7.492|
| 4 INDF  38.403| 32  17   7| 2,6| 1,8|  6| 25  17|16 16|15| 14 15| 6|  6  7|11| 10 12|  2  34| 42| -0   7|-15| 0,36| 5.150| 45.219|
| 5 LSIP   3.592| 49  38  28| 3,4| 0,2| 18| 20  22|34 10|15| 16 15|11| 12 11|11| 13 12| 12  37| 46| 42  80| 74| 0,07| 2.300| 15.692|
| 6 EXCL  17.458| 29  29  16| 4,0| 1,3| 10| 25  24|27 14|16| 15 16| 9|  8  8|12| 11 12| 27 109| 69|-63 -65|-61| 0,24| 5.550| 47.219|
| 7 AALI   8.843| 40  33  22| 4,9| 0,2| 22| 24  27|43 11|17| 20 19|11| 13 13|12| 14 14| 19  14| 21| 41  43| 33| 0,82|22.550| 35.510|
| 8 ANTM   8.744| 33  22  19| 2,2| 0,2| 13| 14  17|30  7|12| 13 17|11| 12 13|12| 13 14|  0 231|178|113 277|277| 0,07| 2.250| 21.461|
| 9 SMGR  14.344| 47  31  25| 4,5| 0,3| 23| 30  30|37 12|15| 15 17|12| 12 13|13| 13 14| -0   3|  9| 11  10| 24| 1,64| 9.250| 54.864|
|10 INTP  11.137| 49  36  28| 4,4| 0,1| 21| 25  24|25 17|18| 18 21|14| 14 17|15| 15 17|  5   8| 17| 10  13| 13| 1,04|15.800| 58.163|
|11 UNTR  37.323| 18  13  10| 4,7| 0,8| 13| 25  24|22 20|19| 20 17|14| 15 13|17| 17 15| 27  -0|  1| -2  -3|-14|13,62|23.000| 76.518|
|12 UNSP   3.004| 43  28  26| 0,5| 1,2|  4|  4   9|26  2| 5|  6 13| 5|  6  5|17| 18 15| 29  80|218| 45  19|283| 0,03|   355|  4.811|
|13 ITMG$  1.668| 32  21  12| 8,8| 0,5| 18| 34  28|10 86|31| 31 21|17| 17 13|18| 18 14| 10 -16|-39| 13 -34|-64|-0,80|50.650|  6.358|
|14 ASII 129.991| 20  11  11| 4,6| 1,2| 12| 29  29|32 14|16| 15 16|15| 15 16|19| 19 20| 31  15| 43|  5  14|  2| 0,37|56.800|229.946|
|15 AUTO   6.255| 18   9  18| 2,7| 0,4| 20| 30  29|32  8| 9|  9 12|18| 18 25|21| 21 28| 18  36| 48|  4  18| 17| 0,19|13.750| 10.603|
|16 PTBA   7.909| 46  29  25| 7,6| 0,3| 23| 31  31|38 19|24| 26 24|21| 22 20|22| 23 21|-11 -35|-26| -4  14| 28|-0,92|21.100| 48.617|
|-- ---- ------- === === === ==== ==== === === --- ====== -- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|

1. GRS MRG: Gross Margin to Sales (in %)
2. OPR PRF: Operating Profit to Sales (in %)
3. NET PRF: Net Profit to Sales (in %)
4. PBV: Stock Price to Book value
5. DER: Debt Equity Ratio
6. ROA: Return On Asset (in %)
7. ROE: Return On Equity (in %)
         QTR: ROE Quartely, using Most Recent Quarter's Net Profit
8. COP: Capitalisation to Operating Profit (in years)
9. CLOP: Capitalisation + Liability to Operating profit (in years)
10. PER: Price Earning Ratio
         QTR: PER using Most Recent Quarter's Net Profit
11. Sales Growth in % (Year on Year comparison)
12. Operating Profit Growth in % (YOY comparison)
13. Net Profit Growth in % - (YOY comparison)
14. Sales Growth in % - (Most Recent Quarter comparison)
15. Operating Profit Growth in % - (MRQ comparison)
16. Net Profit Growth in % - (MRQ comparison)
17. PEG = PER / Net Profit Growth
- http://www.investdata.net/QZA4ALL1.TXT

Ranking by best Yearly Operating Profit Growth:

Date: 24-03-11                     FINANCIAL RATIO COMPARISON 2010
                                          Sector: ALL STOCK
                                 Ranked by: Operating Profit Growth
                                          www.investdata.net

|-- ---- ------- --- --- --- ---- ---- --- ---------- ===--------- ===------ --------- ----------- ----------- ----- ------ --------
|  |    |       |(1) (2) (3)| (4)  (5)|(6)|    (7)   |     (10)   |   (8)   |   (9)   |(11)(12)(13|(14)(15)(16| (17)| (18) | MARKET|
|  |    | SALES |GRS OPR NET|         |ROA|    ROE   |     PER    |   COP   |   CLOP  |YoY GROWTH |Q4/Q3 GROWT|     | LAST |  CAP. |
|NO|STOC|bio Rp |MAR PRF PRF| PBV  DER|   |      |*LAST*|         |         |         |    OPR NET|    OPR NET| PEG |PRICE |bio Rp |
|  |    |mio USD| %   %   % |         |   | Q3 Q4|QUARTR|TDY Q4 Q3|TDY Q4 Q3|TDY Q4 Q3|SAL PRF PRF|SAL PRF PRF|     |      |mio Usd|
|-- ---- ------- === === === ==== ==== === === ---****** --- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|
| 1 ANTM   8.744| 33  22  19| 2,2| 0,2| 13| 14  17|30  7|12| 13 17|11| 12 13|12| 13 14|  0 231|178|113 277|277| 0,07| 2.250| 21.461|
| 2 EXCL  17.458| 29  29  16| 4,0| 1,3| 10| 25  24|27 14|16| 15 16| 9|  8  8|12| 11 12| 27 109| 69|-63 -65|-61| 0,24| 5.550| 47.219|
| 3 UNSP   3.004| 43  28  26| 0,5| 1,2|  4|  4   9|26  2| 5|  6 13| 5|  6  5|17| 18 15| 29  80|218| 45  19|283| 0,03|   355|  4.811|
| 4 SGRO   2.311| 36  28  19| 2,6| 0,3| 15| 17  21|38  6|12| 13 15| 8|  9 10| 9| 10 11| 27  42| 60| 51  67| 72| 0,21| 3.000|  5.670|
| 5 LSIP   3.592| 49  38  28| 3,4| 0,2| 18| 20  22|34 10|15| 16 15|11| 12 11|11| 13 12| 12  37| 46| 42  80| 74| 0,07| 2.300| 15.692|
| 6 AUTO   6.255| 18   9  18| 2,7| 0,4| 20| 30  29|32  8| 9|  9 12|18| 18 25|21| 21 28| 18  36| 48|  4  18| 17| 0,19|13.750| 10.603|
| 7 INDF  38.403| 32  17   7| 2,6| 1,8|  6| 25  17|16 16|15| 14 15| 6|  6  7|11| 10 12|  2  34| 42| -0   7|-15| 0,36| 5.150| 45.219|
| 8 ADMF   3.897| 49  49  37| 2,9| 1,0| 19| 42  38|40  7| 7|  8  6| 5|  6  5| 7|  8  6| -1  16| 21|  7   2|  3| 0,36|11.000| 11.000|
| 9 ASII 129.991| 20  11  11| 4,6| 1,2| 12| 29  29|32 14|16| 15 16|15| 15 16|19| 19 20| 31  15| 43|  5  14|  2| 0,37|56.800|229.946|
|10 AALI   8.843| 40  33  22| 4,9| 0,2| 22| 24  27|43 11|17| 20 19|11| 13 13|12| 14 14| 19  14| 21| 41  43| 33| 0,82|22.550| 35.510|
|11 GJTL   9.853| 19  13   8| 2,1| 1,9|  8| 26  23|18 11| 9|  9  7| 5|  6  5|11| 11 10| 24  12| -8| 20  -2|-33|-1,09| 2.150|  7.492|
|12 INTP  11.137| 49  36  28| 4,4| 0,1| 21| 25  24|25 17|18| 18 21|14| 14 17|15| 15 17|  5   8| 17| 10  13| 13| 1,04|15.800| 58.163|
|13 SMGR  14.344| 47  31  25| 4,5| 0,3| 23| 30  30|37 12|15| 15 17|12| 12 13|13| 13 14| -0   3|  9| 11  10| 24| 1,64| 9.250| 54.864|
|14 UNTR  37.323| 18  13  10| 4,7| 0,8| 13| 25  24|22 20|19| 20 17|14| 15 13|17| 17 15| 27  -0|  1| -2  -3|-14|13,62|23.000| 76.518|
|15 ITMG$  1.668| 32  21  12| 8,8| 0,5| 18| 34  28|10 86|31| 31 21|17| 17 13|18| 18 14| 10 -16|-39| 13 -34|-64|-0,80|50.650|  6.358|
|16 PTBA   7.909| 46  29  25| 7,6| 0,3| 23| 31  31|38 19|24| 26 24|21| 22 20|22| 23 21|-11 -35|-26| -4  14| 28|-0,92|21.100| 48.617|
|-- ---- ------- === === === ==== ==== === === --- ====== -- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|

1. GRS MRG: Gross Margin to Sales (in %)
2. OPR PRF: Operating Profit to Sales (in %)
3. NET PRF: Net Profit to Sales (in %)
4. PBV: Stock Price to Book value
5. DER: Debt Equity Ratio
6. ROA: Return On Asset (in %)
7. ROE: Return On Equity (in %)
         QTR: ROE Quartely, using Most Recent Quarter's Net Profit
8. COP: Capitalisation to Operating Profit (in years)
9. CLOP: Capitalisation + Liability to Operating profit (in years)
10. PER: Price Earning Ratio
         QTR: PER using Most Recent Quarter's Net Profit
11. Sales Growth in % (Year on Year comparison)
12. Operating Profit Growth in % (YOY comparison)
13. Net Profit Growth in % - (YOY comparison)
14. Sales Growth in % - (Most Recent Quarter comparison)
15. Operating Profit Growth in % - (MRQ comparison)
16. Net Profit Growth in % - (MRQ comparison)
17. PEG = PER / Net Profit Growth
- http://www.investdata.net/QZA4ALL2.TXT

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