Bumitama Agri

SINGAPORE (Aug 27): Shares in Bumitama Agri are currently trading at an all-time low at 58 cents. Year to date, the stock has fallen 14.9%.

SINGAPORE (May 17): DBS Vickers Securities and UOB Kay Hian are maintaining their “buy” recommendations on Bumitama Agri Limited (BAL) with the respective price targets of 69 cents and 81 cents, even as the palm oil producer missed both research house

SINGAPORE (Feb 28): Maybank Kim Eng and RHB Research are maintaining their “buy” and “neutral” ratings on Bumitama Agri with higher target prices of 97 cents and 67 cents, respectively.

SINGAPORE (Feb 26): Palm oil producer Bumitama Agri reported 4Q18 and FY18 financial performance were impacted by the weakening of the agriculture commodity prices, especially in the latest quarter.

SINGAPORE (Dec 10): RHB Research is downgrading its recommendation on Bumitama Agri to “neutral” from “buy” with a lowered target price of 60 cents from 80 cents previously.

SINGAPORE (Nov 13): Maybank Kim Eng, DBS Vickers Securities, RHB Research and UOB Kay Hian are maintaining their “buy” calls on Bumitama Agri with the respective price targets of 98 cents, 85 cents, 81 cents and 80 cents.

SINGAPORE (Sept 4): Six of the biggest agriculture-focused stocks listed on the Singapore Exchange (SGX) are beating global agriculture benchmarks so far this year, according to data from Bloomberg and SGX.

SINGAPORE (Feb 28): Maybank Kim Eng says Bumitama Agri, trading at just 10 times FY18 earnings and with FY17 results coming within expectations, is one growth stock which is "too cheap to ignore".

SINGAPORE (Feb 27): Bumitama Agri saw its earnings fall 21.2% to IDR 363.6 billion ($35.0 million) for the 4Q ended December, from IDR 461.6 billion a year ago.

SINGAPORE (Feb 21): UOB Kay Hian is maintaining its "buy" on Bumitama Agri given its young tree-age profile with high oil extraction rate (OER) that can offset low crude palm oil (CPO) average selling price.