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palm oil industry
Broker's Calls
UOB maintains 'market weight' for plantation sector, First Resources among sector picks
The sector is expected to continue underperforming the market, given weakening CPO prices.
July 19, 2021
Results
Mewah International's earnings soars by 643.1% in FY2020; declares final dividend of 0.6 cents per share
Mewah International’s earnings soared to US$86.5 million ($115.3 million) in FY2020, from US$11.6 million in the year before.
February 27, 2021
Broker's Calls
Wilmar deserves higher multiples as decade of investments pay off, says DBS
FY2021 and FY2022 earnings forecasts have been raised by 7% each.
January 21, 2021
Broker's Calls
UOB maintains ‘market weight’ on plantation sector on hopes of better 2H20
UOB Kay Hian has maintained its “market weight” recommendation on the Singapore plantation sector upon improved y-o-y earnings in 1H20, and expectations of a better 2H20.
August 25, 2020
Palm oil
Johannes Tanuwijaya steps down as Chief Strategy Officer of Bumitama Agri
Indonesian palm oil producer Bumitama Agri has announced that Chief Strategy Officer Johannes Tanuwijaya has stepped down from his appointment as at July 1, 2020.
July 22, 2020
Investing ideas
Wilmar's China consumer sales steady throughout lockdown
Wilmar leads the pack following a good 1Q20 start for palm oil, but Golden Agri Resources falls back into the red.
May 22, 2020
Commentary
Misdirected moral outrage pushes palm oil industry into unsustainable corner
SINGAPORE (Apr 29): British supermarket chain Iceland fired up controversy last year when it pledged to say no to palm oil, with the view that the commodity was contributing to deforestation in Asia. The supermarket said that, by end-2018, all of its hous
April 29, 2019