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agriculture
Results
Halcyon Agri's 3Q earnings slump to $2.3 mil on lower margins, higher costs
SINGAPORE (Nov 12): Halcyon Agri Corporation reported earnings of US$1.7 million ($2.3 million) for the 3Q ended Sept, down 75.8% from restated 3Q17 earnings of $7.2 million due to lower margins and higher costs.
November 12, 2018
In print this week
Asia's agricultural woes serve up food for thought
SINGAPORE (Sept 9): Last year, Singapore imported 1.45 billion eggs, 525,686 tonnes of vegetables and 182,822 tonnes of chicken. All of that comes from 180 other countries.
November 09, 2018
Broker's Calls
Japfa started at 'buy' on expectations of over 500% y-o-y net profit growth
SINGAPORE (Oct 17): UOB Kay Hian is initiating coverage on Japfa at “buy” with a target price of 90 cents or 12.2 times FY18F earnings, compared to 13.6 times by peers.
October 17, 2018
Commodities
The 6 biggest SGX-listed agriculture stocks are beating global benchmarks
SINGAPORE (Sept 4): Six of the biggest agriculture-focused stocks listed on the Singapore Exchange (SGX) are beating global agriculture benchmarks so far this year, according to data from Bloomberg and SGX.
September 04, 2018
Broker's Calls
Ongoing market uncertainty makes it all the more opportune to 'buy' this stock
SINGAPORE (July 4): RHB Research is reiterating its “buy” call on Wilmar International with an unchanged target price of $3.59, while highlighting ongoing market uncertainties and the recent retracement in share price as a good opportunity to accumula
July 04, 2018
Results
Sri Trang Agro-Industry 1Q earnings surge to $35 million despite lower revenue
SINGAPORE (May 14): Sri Trang Agro-Industry reported a 109% surge in 1Q18 earnings to THB831.8 million ($34.8 million) from earnings of THB7.6 million a year ago on the back of higher operating profit and gross profit margins.
May 14, 2018
Results
Chew's Group swings into 1H losses after disposal of subsidiaries
SINGAPORE (May 7): Chew’s Group reversed into losses of $0.1 million for 1H18 comapred with earnings of $1.7 million in 1H17.
May 07, 2018
Oceanus enters tripartite MoU for aquaculture-related investments; says 'working at pace' on aquaponics farm project
SINGAPORE (Apr 23): Oceanus Group has entered into a memorandum of understanding (MoU) with Shaw Investment Holdings and China Construction Seventh Engineering Division Corp (CSCEC7) to collaborate and jointly explore global aquaculture-related investment
April 23, 2018
Broker's Calls
Limited downside risks for Wilmar, but no catalysts for share price recovery either: RHB
SINGAPORE (Dec 13): RHB Research is maintaining its “neutral” call on Wilmar International with a lower target price of $3.31 compared to $3.33 previously, after applying a lower target 12 times FY18F P/E for the plantation segment to factor in the sh
December 13, 2017