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palm oil
Broker's Calls
Analysts trim target prices on Wilmar following lower-than-expected 3QFY2024
Fequent share buybacks by Wilmar’s chairman and CEO, Kuok Khoon Hong has demonstrated the management's confidence in the company
27 days ago
Results
Golden-Agri Resources reports 1QFY2024 earnings of US$37 mil, down 60% y-o-y
Supply constraints will gradually ease in the coming quarters
May 15, 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
Broker's Calls
UOB Kay Hian cuts Wilmar's target price following alleged palm oil case in China
UOB Kay Hian has kept its FY2023 earnings estimate but a lower valuation multiple has been applied
January 24, 2024
Company in the news
Wilmar unit denies involvement in alleged China palm oil fraud
Yihai Kerry Arawana Holdings is a leading food processor in China
January 15, 2024
Commodities
Watch out for Godzilla El Niño
Like Godzilla, El Niño can cause immense destruction
July 20, 2023
Broker's Calls
Bumitama Agri’s 1QFY2023 results within expectations, RHB trims TP to 60 cents
Bumitama Agri may deliver better earnings in 2HFY2023 compared to 1HFY2023.
May 15, 2023
Results
Golden Agri's 1QFY2023 earnings down by half with palm oil prices 'normalised'
Prices dropped by 37% to US$990 per tonne, following a record FY2022's US$1,579
May 12, 2023
M&A
Mewah International acquires Indonesian palm oil facility operator for IDR102 bil
The net asset value of the shares being acquired is approximately IDR73 billion.
April 03, 2023
Company in the news
Adijanto family offers to take Global Palm Resources private with 25 cents a share offer
The offeror reserves the right to revise the terms of the offer.
March 29, 2023