Welcome!
First Resources
Broker's Calls
DBS keeps 'buy' on Bumitama Agri and First Resources amid CPO price recovery
Global palm oil price recovery in 2H2023 and 2024 will be supported by decent soybean oil price outlook.
July 14, 2023
Broker's Calls
Plantation sector earnings to decline further in 2QFY2023, analysts maintain 'neutral'
Earnings should be lifted in 2HFY2023 as productivity improves and costs moderate.
June 13, 2023
Broker's Calls
Cautious on higher unit costs and lower downstream margins, analysts trim First Resources' TPs
UOBKH analysts have downgraded First Resources to “hold”, expecting 2023 earnings to be lower y-o-y.
March 03, 2023
Broker's Calls
Palm oil price has room to recover in 2023; Indonesia’s policies to continue playing a big role
The limited room for output expansion will prevent major price reversal.
January 12, 2023
Broker's Calls
First Resources' 9MFY2022 earnings 'strongly above expectations', RHB raises TP to $1.75
The analysts raised their earnings forecasts by 8%-23% for FY2022-FY2024.
November 16, 2022
Results
First Resources posts 206% increase in 9MFY2022 underlying net profit to US$235.8 mil
First Resources posts better 3QFY2022.
November 14, 2022
Broker's Calls
Broker's Digest: Venture Corp, Civmec, OCBC, The Hour Glass, First Resources
Stocks to watch this week: OCBC, First Resources, The Hour Glass, and more.
November 10, 2022
Broker's Calls
UOBKH adds Singtel, First Resources, Keppel to Alpha Picks, replaces Nanofilm with Venture
UOBKH's Alpha Picks outperformed the Straits Times Index (STI) in October, declining 1% against the STI’s 1.2% fall.
November 10, 2022
Broker's Calls
UOBKH upgrades First Resources to 'buy' amid rebound in CPO prices
The analysts expect First Resources to report stronger sales volume for its 3QFY2022.
November 07, 2022
Insider moves
Oxley Holdings and First Resources in active share buybacks
Oxley plans to distribute its shares in Aspen to shareholders
September 15, 2022