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Broker's Calls
Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance
The sectors to look out for are consumer, commodity, healthcare tourism, plantation and marine-related.
June 13, 2023
Broker's Calls
RHB favours First Resources despite sector wide ESG concerns
Shares of palm oil companies have “retreated even further” despite CPO prices having breached the RM4,000 level lately, says RHB.
August 02, 2021
Broker's Calls
Wilmar is RHB's top pick as Chinese CPO demand to pick up pace
The brokerage has a “buy” rating for the stock with a target price of $6.45.
June 11, 2021
Broker's Calls
RHB stays ‘neutral’ on Bumitama after weaker than expected 1Q results
The brokerage has also retained its FY2021-FY2023 earnings forecasts for the company.
May 12, 2021
Broker's Calls
RHB ups Golden Agri TP to 30 cents on widening tax differential advantage
The export levy and tax on CPO in May is at US$399.00 a tonne, while that for refined palm oil is at US$232.50 a tonne, says RHB.
May 04, 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
Broker's Calls
Will Golden Agri continue to outperform amid strong CPO prices, new export levy?
Most analysts are now turning positive on the palm oil player after its unexpected positive results for FY2020 ended Dec 31.
March 04, 2021
Results
Golden-Agri Resources sees 21.5% lower earnings of US$188.6 mil in 2H20
The group has proposed a final dividend of 0.48 cents per share for the FY2020 payable on May 18.
February 25, 2021
Broker's Calls
Analysts downgrade Bumitama on forward sales contract blunder
RHB says Bumitama would be selling CPO at close to cash-cost levels for January and February 2021 given the current tax structure.
February 24, 2021
Broker's Calls
First Resources to see higher earnings via Indonesia's new export levy structure: RHB
RHB has maintained its “buy” rating for the stock with a higher target price of $1.90 from $1.45 previously.
January 15, 2021