Plantation

The analyst kept a "buy" call for Wilmar International and a “neutral” call for the remaining three SG-listed stocks covered

Crude palm oil (CPO) prices could decline in 4Q on the back of slightly higher inventory levels, warns RHB Securities.

SINGAPORE (May 20): Dear Board of Directors, As a long-term investor in Indofood Agri Resources (IndoAgri), I am disappointed that you are recommending that I accept the offer from Indofood Sukses Makmur (Indofood). The offer price of 28 cents per share s

SINGAPORE (May 8): Halcyon Agri Corporation sunk into a loss of US$5.7 million ($7.8 million) for the 1Q ended March as opposed to US$1.3 million in 1Q18 earnings, due to lower revenue and higher finance costs.

SINGAPORE (Oct 31): Indofood Agri Resources (IndoAgri) reported earnings of Rp8.8 billion ($0.8 million) for the 3Q ended Sept, representing a 91.3% plunge from its 3Q17 earnings of Rp100.5 billion a year ago.

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.

SINGAPORE (May 8): Bumitama Agri (BAL) reported a 16.8% decline in 1Q earnings to IDR231.8 billion ($21.7 million) from IDR278.4 billion on lower revenue and compressed margins.

SINGAPORE (Feb 27): Golden Agri-Resources has sunk into a 4Q17 loss of US$29.1 million ($38.3 million), compared its profit of US$46.3 million posted in the same period a year ago on lower revenue and share of joint ventures, forex losses as well as a one

SINGAPORE (Feb 26): DBS, RHB and OCBC are upgrading Wilmar International to “buy” from “neutral” with target prices of $3.65, $3.45 and $3.51 respectively.

SINGAPORE (Nov 16): Maybank Kim Eng is maintaining its “buy” call on Bumitama Agri with an unchanged target price of 95 cents on an unchanged FY17 PER multiple of 14 times, its four-year mean.