Golden Agri-Resources

Broker's Calls

Golden Agri has some catching up to do over the next few quarters

SINGAPORE (May 16): RHB is keeping its “neutral” call on Golden Agri with 39 cents target price as the research house expects earnings to catch up in the following quarters on the back of stronger downstream margins and falling feedstock prices.

Results

Golden Agri’s 1Q earnings fall 60.1% to $52.2 mil on higher expenses and forex loss

SINGAPORE (May 15): Golden Agri-Resources has posted earnings of US$37.5 million ($52.2 million) for the 1Q ended March 31, declining 60.1% from the US$94.1 million earnings announced in the preceding year.

Stocks To Watch

Keppel, Sembcorp, Golden Agri, SIA Engineering, Rickmers

SINGAPORE (Dec 22): Here are some factors and stocks that could move the market this Thursday morning:

Golden Agri subscribes to technology fund

SINGAPORE (Dec 22): Golden Agri-Resources has subscribed for a limited partnership interest in a technology investment fund, RMDV Fund 1, L.P.

In print this week

Is the growth of palm oil companies really unstoppable?

SINGAPORE (Dec 16): The recent rally in crude palm oil (CPO) prices has surprised analysts and boosted locally listed palm oil stocks.
Olam International Co-Founder and Group CEO Sunny Verghese

Olam reveals full list of palm suppliers ahead of critical NGO report

SINGAPORE (Dec 13): Calling itself a “small player” in third-party palm oil sourcing, Olam International on Monday revealed its full suppliers list, ahead of a report criticising its palm operations in Gabon.
Golden Agri-Resources

Broker's Calls

Plantations ‘overweight’ as crude palm oil prices surge to 2-year high

SINGAPORE (Dec 8): UOB Kay Hian is keeping its “overweight” rating on Singapore-listed plantation companies on the back of higher crude palm oil (CPO) prices, which surged to a 2-year high of US$748 per tonne on Monday.

Stocks To Watch

STI ends 0.2% higher at 2,879.14

SINGAPORE (Nov 30): The Straits Times Index shrugged off early declines to end Tuesday 0.2% higher at 2,879.14, its sixth straight gain despite losses in offshore and commodities companies.

Broker's Calls

Three plantation stocks to look out for in 4Q

SINGAPORE (Nov 22): UOB Kay Hian is maintaining its “overweight” on the palm plantation sector and favours Indonesia-based plantation companies over Malaysian ones as the pace of decline in production in Indonesia for 4Q16 is expected to be slower tha
Golden Agri-Resources

Broker's Calls

Golden Agri on the road to possible recovery

SINGAPORE (Nov 16): OCBC Investment Research is keeping its “hold” recommendation on Golden Agri-Resources, and raising its fair value estimate slightly to 37 cents, from 34 cents previously.
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