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plantation sector
Broker's Calls
RHB expects plantation earnings to be mostly in-line for 4QFY2022, maintain 'neutral'
The analysts continue to like integrated players like Wilmar.
February 02, 2023
Broker's Calls
Plantation sector likely to be less volatile in 2023: UOB Kay Hian
The analysts expect global palm oil demand to grow 7.2% versus supply growth of 3.8% for 2023.
January 09, 2023
Broker's Calls
CPO prices to remain relatively range bound in 2023 amid balanced supply improvements and rise in demand: RHB
Hoe continues to favour integrated players like Wilmar while also seeing value in players such as Bumitama Agri and Golden Agri.
December 15, 2022
Broker's Calls
Palm oil stock levels to remain high until year end, RHB maintains 'neutral'
Given the recent price increase, the tax levy in Indonesia may be reapplied sooner than expected.
November 11, 2022
Broker's Calls
Lower q-o-q earnings anticipated for plantation stocks in 3QFY2022 reporting season: RHB
The analysts have kept 'buy' on Wilmar with a target price of $4.95.
October 12, 2022
Plantations
Wilmar remains RHB's top plantation picks in 'neutral' sector
RHB has kept its "buy" call on Wilmar with a target price of $4.95.
September 13, 2022
Broker's Calls
Indonesia’s ban on palm oil exports may raise CPO prices and worsen inflationary pressures: RHB
CPO exporters in Indonesia would suffer while downstream players with refining capacity would benefit from the demand-supply shift
April 25, 2022
Broker's Calls
Uncertainties abound in the plantation sector amid tightening supply and demand of vegetable oils
A trading strategy is best for the sector in light of the volatility in CPO prices, says RHB Group Research analyst Hoe Lee Leng.
April 12, 2022
Broker's Calls
Wilmar deserves to trade at a premium to plantation peers’ P/E multiples: DBS
Wilmar’s packaged consumer products’ margins and earnings can help buffer its earnings performance when commodity prices reverse.
March 22, 2022
Broker's Calls
Wilmar will still be an outperformer in 2022, UOB KH and RHB maintains 'buy'
Wilmar’s 2022 performance will be driven by palm and sugar operations.
March 14, 2022