Bumitama Agri

Billion Dollar Club 2019

Bumitama willing to lead industry-wide sustainability efforts

SINGAPOER (Sept 16): It was a video that went viral across the world — an evocative tale of an orang utan that ends up “moving into” a little girl’s bedroom because its home in the forest had been destroyed by oil palm plantations. Commissioned b

Investing ideas

1H for Bumitama Agri was a huge miss; will 2H be better?

SINGAPORE (Aug 27): Shares in Bumitama Agri are currently trading at an all-time low at 58 cents. Year to date, the stock has fallen 14.9%.

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

Broker's Calls

Bumitama Agri on track for a better performance in FY19, say analysts

SINGAPORE (Feb 28): Maybank Kim Eng and RHB Research are maintaining their “buy” and “neutral” ratings on Bumitama Agri with higher target prices of 97 cents and 67 cents, respectively.

Results

Bumitama Agri reports 9% fall in FY18 earnings to $125 mil on forex loss and fair value changes

SINGAPORE (Feb 26): Palm oil producer Bumitama Agri reported 4Q18 and FY18 financial performance were impacted by the weakening of the agriculture commodity prices, especially in the latest quarter.

Broker's Calls

An unexciting 2019 ahead for Bumitama Agri

SINGAPORE (Dec 10): RHB Research is downgrading its recommendation on Bumitama Agri to “neutral” from “buy” with a lowered target price of 60 cents from 80 cents previously.

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.

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.

Broker's Calls

This plantation growth stock is too cheap to ignore, says Maybank

SINGAPORE (Feb 28): Maybank Kim Eng says Bumitama Agri, trading at just 10 times FY18 earnings and with FY17 results coming within expectations, is one growth stock which is "too cheap to ignore".

Results

Bumitama Agri reports 21.2% drop in 4Q earnings to $35 mil

SINGAPORE (Feb 27): Bumitama Agri saw its earnings fall 21.2% to IDR 363.6 billion ($35.0 million) for the 4Q ended December, from IDR 461.6 billion a year ago.
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