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Bumitama Agri
Broker's Calls
Indonesian gov't unlikely to back down on B40 mandate, RHB keeps ‘overweight’ on plantation sector
Biodiesel mandate is still the main growth driver of consumption in 2024 and 2025.
30 days ago
Broker's Calls
OCBC keeps 'hold' on Bumitama Agri but with a higher fair value of 91.5 cents
With a forward yield of more than 6%, Bumitama Agri is shaping up to be a dividend play
December 09, 2024
Billion Dollar Club 2024
Bumitama triumphs in operational excellence
Bumitama remains consistent and meticulous in both its operational and financial management, on top of the elevated palm oil price.
November 13, 2024
Billion Dollar Club 2024
Bumitama Agri makes leap from Centurion to BDC; Sheng Siong named for weighted ROE
Bumitama Agri has improved from just one Centurion award last year to this year’s sector winner in its BDC category
November 12, 2024
Broker's Calls
RHB raises CPO price assumptions, upgrades Bumitama to ‘buy’
Overall, the analysts expect prices to stay higher in 1H2025, trading at RM4,400 to RM4,800 per tonne before moderating in 2H2025.
November 12, 2024
Broker's Calls
RHB maintains 'neutral' on plantation sector, updates ESG scores
While RHB has kept the target prices for most of the planters unchanged, the analysts have trimmed Wilmar’s target price to $3.30.
August 12, 2024
Broker's Calls
Brokers’ Digest: ComfortDelGro, Frasers Property, Bumitama Agri, Paragon REIT, Cromwell European REIT, Memiontec, CSE
See what the analysts have to say this week.
May 17, 2024
Broker's Calls
Bumitama posted decent start to the year despite forex headwinds: analysts
The short-term supply appears constrained while the B40 mandate supports mid to long-term demand, the analyst says.
May 14, 2024
Results
Bumitama Agri’s 1QFY2024 net profit fell 23% y-o-y to IDR328.38 mil on the back of higher-for-longer rates
Revenue for the quarter grew 8% y-o-y to IDR3.87 trillion, driven by higher CPO sales.
May 14, 2024
Broker's Calls
OCBC raises fair value for Bumitama Agri to 78.5 cents on well-supported palm oil prices
Bumitama, with a consensus yield estimate of 6%, is increasingly seen as a yield play as well
April 03, 2024