crude palm oil (CPO)

SINGAPORE (Jan 31): UOB Kay Hian is maintaining its “overweight” call on the planation sector within Singapore and the region, noting that crude palm oil (CPO) prices are likely to stay firm throughout 1H17 as supply is still relatively tight.

SINGAPORE (Jan 11): CIMB Securities remains “neutral” on the agribusiness sector while highlighting First Resources as its top “add” pick in Singapore for its superior output growth prospects, low-cost production.

SINGAPORE (Jan 9): RHB is maintaining its “buy” call on Golden Agri at a target price of 46 cents while declaring the stock as its top pick within the plantation sector.

SINGAPORE (Dec 20): DBS Vickers Securities has upgraded its view on the plantation sector to “neutral” on improving fundamentals, as well as expectations of yield recovery and steady prices to boost the earnings of plantation companies in FY17F.

SINGAPORE (Dec 15): CIMB is keeping its “neutral” rating on the agribusiness sector even as it cut its 2016 palm oil output estimate for Malaysia to 17.3 million tonnes, from its previous forecast of 17.9 million tonnes.