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plantations
Broker's Calls
DBS keeps Wilmar at 'buy', shrugs off potential balance sheet and earnings impact from Adani joint venture
"Wilmar will be able to maintain its earnings performance amid commodity price volatility"
February 06, 2023
Broker's Calls
Plantation sector to face downside CPO price risk in 2Q21; Wilmar among top picks: RHB
RHB believes CPO prices have already peaked at above RM4,000/tonne and the risk is now on the downside.
April 13, 2021
Broker's Calls
RHB remains cautious of the plantation sector but names Wilmar a counter to look out for
The locust attacks could possibly decimate crops and livelihoods there, observe RHB analysts Hoe Lee Leng, Christopher Benas and Juliana Cai.
July 22, 2020
Malaysia
Shedding light on IOI Corp's five-year plan
Two years after concluding the sale of a 70% stake in Loders Croklaan Group BV to Bunge, IOI Corp has yet to make a substantial acquisition with the proceeds that were earmarked for future investments.
April 09, 2020
Plantations
Sector stocks stage a comeback; brighter days ahead as palm oil prices pick up
SINGAPORE (Dec 20): The palm oil industry this past year endured its fair share of turbulent times on the back of weak commodity prices, bad weather and dry spells in key markets such as Indonesia. The industry also faced headwinds from unfavourable new r
December 20, 2019
Palm oil
Indonesia finds one-fifth of palm oil plantations are illegal
(Oct 11): Indonesia is trying to clamp down on illegal palm oil plantations by first identifying the perpetrators.
October 11, 2019
Broker's Calls
Brokers slash estimates for Bumitama after 1Q disappointment, but say production remains strong
SINGAPORE (May 17): DBS Vickers Securities and UOB Kay Hian are maintaining their “buy” recommendations on Bumitama Agri Limited (BAL) with the respective price targets of 69 cents and 81 cents, even as the palm oil producer missed both research house
May 17, 2019
Sector Focus
Olam announces third palm plantation to achieve RSPO certification
SINGAPORE (May 2): Olam International says its Mouila Lot 3 palm plantation in Gabon has become Roundtable on Sustainable Palm Oil (RSPO) certified.
May 02, 2019
Broker's Calls
Bumitama Agri unanimously rated 'buy' for potential undervaluation, bright outlook
SINGAPORE (Nov 13): Maybank Kim Eng, DBS Vickers Securities, RHB Research and UOB Kay Hian are maintaining their “buy” calls on Bumitama Agri with the respective price targets of 98 cents, 85 cents, 81 cents and 80 cents.
November 13, 2018
Results
Golden Agri posts 56% decline in 1H earnings to US$59 mil
SINGAPORE (Aug 14): Golden Agri-Resources (GAR) has announced earnings of US$59.4 million ($80.9 million) for the 1H17 ended June, down 55.5% from US$133.6 million reported in 1H16 due to the recognition of deferred income tax assets.
August 14, 2017