Welcome!
Bumitama Agri (BAL)
Broker's Calls
RHB lowers forecasts for Bumitama Agri despite in-line 9MFY2022 results
RHB's Singapore research team says it sees the agri company “closing in on a record year”.
November 16, 2022
Broker's Calls
RHB lifts Bumitama Agri's TP to 80 cent following strong results despite export ban impact
RHB raises its estimates for FY2022 earnings by 45% and FY2023-FY2024 earnings by 10%-12%.
August 16, 2022
Broker's Calls
Broker's Digest: Thai Beverage, Bumitama Agri, UMS Holdings
Here's what the analysts have to say this week.
May 19, 2022
Broker's Calls
Analysts lift Bumitama Agri’s TPs on the back of strong 1QFY2022 results
Analysts at UOB KH and RHB have kept their “buy” calls and raised their TPs for BAL to 93 cents and 95 cents respectively.
May 17, 2022
Results
Bumitama Agri reports 424% higher earnings of $87.3 mil in 1QFY2022
The better performance was due to the elevated commodity prices.
May 12, 2022
Broker's Calls
Bumitama Agri gets 'buy' calls as earnings expected to remain robust in FY22
Analysts at RHB Group Research and UOB Kay Hian have lifted their TPs to 90 cents and 85 cents respectively.
March 02, 2022
Results
Bumitama Agri reports earnings of $116.7 mil in 2HFY2021
Shares in BAL closed at 73.5 cents on Feb 25.
February 28, 2022
Broker's Calls
RHB raises TP for Bumitama Agri as it benefits from inventory drawdowns
RHB Group Research has maintained its “neutral” rating on Bumitama Agri with a higher TP of 57 cents.
November 16, 2021
Broker's Calls
Analysts increase TPs for Bumitama following positive 1H21 results
Analysts at Maybank Kim Eng and RHB increased their TPs to 93 cents and 47 cents, respectively.
August 19, 2021
Broker's Calls
Wilmar, First Resources, Bumitama Agri among analysts' top plantation picks
RHB has maintained 'neutral' on the plantation sector and 'buy' on Wilmar while DBS has kept 'buy' on Wilmar, FR and BAL.
March 15, 2021