2020-06-26

Singapore Research

-

Golden Agri-Resources - Valuations Still Prohibitive; Maintain SELL

RHB Invest

2020-06-11

Ivy NG Lee Fang [CFA] | Nagulan RAVI

-

Agribusiness - Restocking Activities Led To Lower Stocks

CGS-CIMB

2020-06-08

Ivy NG Lee Fang [CFA] | Nagulan RAVI

-

Agribusiness - Three Measures To Reinforce B30 Mandate

CGS-CIMB

2020-05-14

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Why 1Q Did Not Gain From Higher CPO Price

CGS-CIMB

2020-05-14

Singapore Research

-

Golden Agri-Resources - Dragged Down By Downstream Unit; Still SELL

RHB Invest

2020-05-13

Adrian LOH | Singapore Research Team

-

Singapore Stock Strategy - Value Within Book Value

UOB Kay Hian

2020-04-06

Leow Huay Chuen | Jacquelyn Yow

-

Plantation – Singapore - Downside Risk If Indonesia Restricts Movements

UOB Kay Hian

2020-03-24

Singapore Research

-

Golden Agri-Resources - Lowering CPO Prices; Downgrade To SELL

RHB Invest

2020-03-09

Ivy NG Lee Fang [CFA]

-

Agribusiness - Falling Support From Crude Oil

CGS-CIMB

2020-03-02

Ivy NG Lee Fang [CFA] | Nagulan RAVI

-

Golden Agri-Resources - Fair Value Gain On Financial Assets Boosts 4Q Profit

CGS-CIMB

2020-03-02

Chu Peng

-

Golden Agri-Resources - Swinging Back To Profits With Strong 4Q Results

OCBC Investment

2020-03-02

Singapore Research

-

Golden Agri-Resources - Turnaround To The Black; Keep BUY

RHB Invest

2020-03-02

Leow Huay Chuen | Jacquelyn Yow

-

Golden Agri-Resources - 2019 EBIT Within Expectations

UOB Kay Hian

2020-02-12

Ong Chee Ting

-

Regional Plantations - COVID-19 Unlikely To Affect Demand Of Staple Food, But …

Maybank Kim Eng

2020-02-11

Ong Chee Ting

-

Regional Plantations - Jan2020 Stockpile At 29-Month Low

Maybank Kim Eng

2020-01-20

Singapore Research

-

Golden Agri-Resources - Imputing Higher CPO Prices; Upgrade to BUY

RHB Invest

2019-11-21

Leow Huay Chuen | Jacquelyn Yow

-

Plantation Singapore - 3Q19 Results Review ~ Earnings Turnaround, But Lower Than Expected

UOB Kay Hian

2019-11-15

Chu Peng

-

Golden Agri-Resources - Weak Results But Some Signs Of Improvement

OCBC Investment

2019-11-14

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Forex Gains Helped Lift 3Q19 Reported Profit

CGS-CIMB

2019-11-14

Singapore Research

-

Golden Agri-Resources - Narrowed Losses In 3Q19

RHB Invest

2019-10-15

Leow Huay Chuen | Singapore Research Team

-

Golden Agri-Resources - 2H19 Could See A Recovery But Not Good Enough

UOB Kay Hian

2019-09-30

Singapore Research

-

Golden Agri-Resources - Now NEUTRAL Due To Sector Upgrade

RHB Invest

2019-08-20

Leow Huay Chuen | Jacquelyn Yow

-

Plantation Singapore 2Q19 Results Review - Better 2H19 Ahead

UOB Kay Hian

2019-08-19

Chu Peng

-

Golden Agri-Resources - More Time Needed

OCBC Investment

2019-08-15

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Low CPO Price Drags The Group Into The Red

CGS-CIMB

2019-08-15

Singapore Research

-

Golden Agri-Resources - Likely To Remain In The Red In FY19

RHB Invest

2019-06-27

Leow Huey Chuen | Jacquelyn Yow

-

Plantation – Singapore - The Future Of B30 Biodiesel In Indonesia

UOB Kay Hian

2019-05-27

Low Pei Han [CFA]

-

Golden Agri-Resources - Supported By Government Policies

OCBC Investment

2019-05-24

Leow Huay Chuen

-

Plantation – Singapore - 1Q19 Results Review: Earnings Likely To Have Bottomed For This Cycle

UOB Kay Hian

2019-05-17

Leow Huay Chuen

-

Plantation – Singapore - Still Positive On CPO Prices

UOB Kay Hian

2019-05-14

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Downstream Helps Lift 1Q19 Core Earnings

CGS-CIMB

2019-04-17

Leow Huay Chuen | Singapore Research Team

-

Plantation – Singapore - Catching Up On Valuation

UOB Kay Hian

2019-04-09

Low Pei Han [CFA]

-

Soft Commodities - CPO Recovery

OCBC Investment

2019-04-08

Low Pei Han [CFA]

-

Golden Agri-Resources - Good Proxy To CPO

OCBC Investment

2019-03-07

Leow Huay Chuen | Malaysia Research Team

-

Plantation – Regional - Strong Demand For Biodiesel; Positive Outlook For CPO Prices

UOB Kay Hian

2019-03-05

Leow Huay Chuen | Malaysia Research Team

-

Plantation - Positive CPO Price Outlook For 2019

UOB Kay Hian

2019-02-28

Leow Huay Chuen | Singapore Research Team

-

Golden Agri-Resources - 2018 Poor Results

UOB Kay Hian

2019-02-27

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - 4Q18 Swings To Core Losses Due To Low CPO Price

CGS-CIMB

2019-02-27

Low Pei Han [CFA]

-

Golden Agri-Resources - Photosynthesising

OCBC Investment

2019-02-27

Singapore Research

-

Golden Agri-Resources - Ending The Year In The Red; Still A SELL

RHB Invest

2019-02-20

Low Pei Han [CFA]

-

Soft Commodities - Greater Forces At Play

OCBC Investment

2019-01-28

Singapore Research

-

Golden Agri-Resources - Landbank Rejuvenation Needed; Cut To Sell

RHB Invest

2019-01-03

Leow Huay Chuen

-

Plantation – Regional - Going Through A Slow Recovery

UOB Kay Hian

2018-11-29

Ivy NG Lee Fang [CFA]

-

Navigate Singapore 2019 ~ Commodities - NEUTRAL

CGS-CIMB

2018-11-20

Leow Huay Chuen

-

Plantation – Singapore - 3Q18 Results Review ~ Earnings Affected By Logistics Issue In Indonesia

UOB Kay Hian

2018-11-19

Andrew Chow [CFA] | Singapore Research Team

-

Singapore 3Q18 Results Wrap-Up - More Misses In 3Q18

UOB Kay Hian

2018-11-13

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Key Concern Lies In The Group’s Ageing Estates

CGS-CIMB

2018-11-13

Leow Huay Chuen | Singapore Research Team

-

Golden Agri-Resources (GGR SP) - 3Q18 Below Expectations On Higher Costs

UOB Kay Hian

2018-11-13

William Simadiputra | Rui Wen LIM

-

Regional Plantation - Improving Exports To China

DBS Research

2018-09-26

Low Pei Han [CFA]

-

Golden Agri-Resources - Waiting For Better News

OCBC Investment

2018-08-16

Leow Huay Chuen | Ooi Mong Huey

-

Plantation – Singapore - Anticipating A Better 3Q18 Performance

UOB Kay Hian

2018-08-15

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Unexpected 2Q Core Loss Caused By Low CPO Prices

CGS-CIMB

2018-08-15

Low Pei Han [CFA]

-

Golden Agri-Resources - Not So Golden For Now

OCBC Investment

2018-07-11

Low Pei Han [CFA]

-

Golden Agri-Resources - Dim Near Term Outlook 

OCBC Investment

2018-06-21

Leow Huey Chuen | Ooi Mong Huey

-

Plantation – Singapore - Do Not Get Over-bearish On Palm Oil

UOB Kay Hian

2018-06-20

Ivy NG Lee Fang [CFA]

-

Agribusiness - Potential Impact Of India Duties Revision On Palm Oil

CGS-CIMB

2018-05-22

Leow Huey Chuen | Ooi Mong Huey

-

Plantation Stocks - 1Q18 Results Review ~ Production And Sales Volume Below Expectations

UOB Kay Hian

2018-05-16

Low Pei Han [CFA]

-

Golden Agri - A Soft Quarter

OCBC Investment

2018-05-16

Leow Huey Chuen | Ooi Mong Huey

-

Golden Agri-Resources (GGR SP) - 1Q18 Below Expectation On Weaker Palm And Laurics Margins

UOB Kay Hian

2018-05-15

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - 1Q18 Impacted By Lower Output And Prices

CIMB Research

2018-03-26

Leow Huey Chuen | Ooi Mong Huey

-

Plantation – Singapore - Consequences If China Restricts Soybean Imports From The US

UOB Kay Hian

2018-03-08

Low Pei Han

-

Soft Commodities - Diversity Is A Virtue

OCBC Investment

2018-03-07

Leow Huey Chuen | Ooi Mong Huey

-

Plantation – Singapore - Expect Higher FFB Production In 2018

UOB Kay Hian

2018-02-28

Low Pei Han

-

Golden Agri Resources - Impacted By Impairment Losses

OCBC Investment

2018-02-27

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Plans To Increase Replanting Could Stifle Growth

CIMB Research

2018-02-27

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Plans To Increase Replanting Could Stifle Growth

CIMB Research

2017-11-16

Leow Huey Chuen | Ooi Mong Huey

-

Plantation – Singapore - 3Q17 Results Review ~ Uneven Production Recovery Pattern

UOB Kay Hian

2017-11-15

Low Pei Han

-

Golden Agri Resources - Results In Line

OCBC Investment

2017-11-15

Leow Huey Chuen | Ooi Mong Huey

-

Plantation – Singapore - 3Q17 Results Of BAL And GGR In Line; FR Below Expectations

UOB Kay Hian

2017-11-14

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - 9M17 A Miss Due To Weaker Plantation Contribution

CIMB Research

2017-10-05

Low Pei Han

-

Golden Agri Resources - Making Strides In Sustainability

OCBC Investment

2017-09-29

Jodie Foo

-

Golden Agri Resources - Extending Product Portfolio

OCBC Investment

2017-09-13

William Simadiputra

-

Plantation Companies - CPO Stockpile Still In Healthy Range

DBS Research

2017-09-12

Jodie Foo

-

Golden Agri Resources - Keeping Our Hold

OCBC Investment

2017-08-21

Leow Huey Chuen | Ooi Mong Huey

-

Plantation –Singapore - 2Q17 Results ~ Weaker Earnings Qoq On Lower Production

UOB Kay Hian

2017-08-15

Leow Huey Chuen | Ooi Mong Huey

-

Golden Agri-Resources (GGR SP) - 2Q17 Results Within Expectations

UOB Kay Hian

2017-08-15

Jodie Foo

-

Golden Agri-Resources - Downside Risks Remain For CPO Prices

OCBC Investment

2017-08-14

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Project Stronger 2H17 FFB Output

CIMB Research

2017-06-29

Regional Research Team

-

Regional Plantation - Soybean Demand Hinges On China’s Consumption

UOB Kay Hian

2017-06-22

Singapore Research Team

-

Plantation - Supply Outweighs Demand, Downgrade To MARKET WEIGHT

UOB Kay Hian

2017-06-20

Jodie Foo

-

Golden Agri-Resources - Positive Long Term Initiative

OCBC Investment

2017-05-18

Singapore Research Team | Ooi Mong Huey

-

Singapore Plantation - 1Q17 Results Review ~ Weaker Qoq On Seasonality

UOB Kay Hian

2017-05-16

Jodie Foo

-

Golden Agri-Resources - Underlying Profit Improved

OCBC Investment

2017-05-16

Singapore Research Team

-

Golden Agri-Resources - 1Q17 Strong Set Of Earnings On Better Performance From Plantation Segment

UOB Kay Hian

2017-05-16

Singapore Research

-

Golden Agri - Affected By Weaker Downstream Margins

RHB Invest

2017-05-15

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Not An Exciting 1Q Despite Stronger Output

CIMB Research

2017-05-08

Singapore Research Team

-

Regional Plantation - Indonesia Biodiesel Volume Below Market Expectations

UOB Kay Hian

2017-04-11

Hoe Lee Leng | Hariyanto Wijaya [CFA]

-

Plantation - Inventory Restocking Has Begun

RHB Invest

2017-04-04

Yeo Kee Yan [CMT] | Janice Chua

-

Singapore Monthly Strategy - Spotlight on dividends

DBS Research

2017-03-31

Singapore Research

-

Golden Agri - Sensitive To CPO Price Movements

RHB Invest

2017-03-15

Singapore Research Team

-

Plantation – Regional - Biodiesel Demand From Indonesia To Support CPO Prices

UOB Kay Hian

2017-03-13

Hoe Lee Leng | Hariyanto Wijaya [CFA]

-

Plantation - Gradual Recovery In Output Expected From 2Q17

RHB Invest

2017-03-10

Ben Santoso

-

Plantation Companies - Declining inventory to support prices

DBS Research

2017-03-03

Ooi Mong Huey | Singapore Research Team

-

Plantation – Singapore - Expect FFB Production To Recover In 2017

UOB Kay Hian

2017-02-27

Ooi Mong Huey | Singapore Research Team

-

Golden Agri-Resources (GGR SP) - 4Q16 Below Expectations, Downstream Underperforms

UOB Kay Hian

2017-02-27

Jodie Foo

-

Golden Agri-Resources - A stronger end to 2016

OCBC Investment

2017-02-27

Singapore Research

-

Golden Agri - Improving Outlook For 2017

RHB Invest

2017-02-26

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - 4Q earnings fall short as plantation disappoints

CIMB Research

2017-01-10

Singapore Research

-

Golden Agri - Liquid High Beta Proxy To Plantation Sector

RHB Invest

2017-01-06

Singapore Research Team

-

Plantation - Plantation Companies’ Share Prices Underperform CPO Prices

UOB Kay Hian

2017-01-03

Singapore Research

-

Golden Agri - Liquid High Beta Proxy To The Plantation Sector

RHB Invest

2017-01-03

Singapore Research

-

Plantation - 2017 A Bumper Crop Year?

RHB Invest

2016-12-12

Jodie Foo

-

Plantations sector - Demand would have to be robust next year

OCBC Investment

2016-12-08

Singapore Research Team

-

Plantation Singapore - Riding On Higher CPO Prices

UOB Kay Hian

2016-12-05

Ivy NG Lee Fang [CFA]

-

Commodities - Neutral, A Better Year In 2017

CIMB Research

2016-12-05

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - 2016 earnings boost from tax credit not sustainable

CIMB Research

2016-11-22

Singapore Research Team

-

Plantation - 3Q16 Results Review ~ Pick-up In Production Supports Performance

UOB Kay Hian

2016-11-15

Ben Santoso

-

Golden Agri Resources - Boosted by tax credit

DBS Research

2016-11-15

Singapore Research Team

-

Golden Agri-Resources (GGR SP) - 3Q16 Results Within Expectation; Better Performances Across All Divisions

UOB Kay Hian

2016-11-15

Jodie Foo

-

Golden Agri-Resources - Boost from tax benefits

OCBC Investment

2016-11-15

Singapore Research

-

Golden Agri - The Best Is Yet To Come

RHB Invest

2016-11-14

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - 3Q boost from tax credit and biological assets gain

CIMB Research

2016-09-14

Ben Santoso

-

Plantation Companies - Beware of the backwardation

DBS Research

2016-08-19

Singapore Research Team

-

Plantation - 2Q16 Results Review ~ Tight FFB Supply Supports CPO Prices

UOB Kay Hian

2016-08-15

Carey Wong [CFA]

-

Golden Agri - Still muted 2Q16 showing

OCBC Investment

2016-08-15

Ben Santoso

-

Golden Agri Resources - Dragged by lower yields

DBS Research

2016-08-15

Singapore Research Team

-

Golden Agri-Resources - 2Q16 Earnings Boosted By Deferred Tax Income

UOB Kay Hian

2016-08-15

Singapore Research

-

Golden Agri - Boosted By Deferred Tax Income

RHB Invest

2016-08-11

Ben Santoso

-

Plantation Companies - Take profit on near-term upside

DBS Research

2016-05-31

Ivy NG Lee Fang [CFA]

-

Plantation - Malaysia raises biodiesel mandates

CIMB Research

2016-05-18

Singapore Research Team

-

Plantation - 1Q16 Results Review ~ High CPO Prices Not Reflected In Results Yet

UOB Kay Hian

2016-05-16

Ben Santoso

-

Golden Agri Resources - Stronger downstream offsets El Nino impact

DBS Research

2016-05-16

Carey Wong [CFA]

-

Golden Agri-Resources - Slow Start To FY16

OCBC Investment

2016-05-16

Singapore Research

-

Golden Agri - Downstream Earnings The Saviour

RHB Invest

2016-05-13

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Higher refining profit, net tax credit lift 1Q16

CIMB Research

2016-04-20

Singapore Research Team

-

Plantation - Not Too Late Yet

UOB Kay Hian

2016-03-31

Singapore Research Team

-

Plantation - Firm CPO Prices Reflect Supply Tightness

UOB Kay Hian

2016-03-02

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - FFB output could fall 8-10% due to El Nino

CIMB Research

2016-03-02

Carey Wong [CFA]

-

Golden Agri-Resources - FY15 results within expectation

OCBC Investment

2016-03-02

Singapore Research Team

-

Golden Agri-Resources - Weaker Upstream Compensated By Better Downstream Operations

UOB Kay Hian

2016-03-01

Singapore Research Team

-

Golden Agri-Resources - 2015 Within Expectation; Non-plantation Divisions Deliver Better Earnings

UOB Kay Hian

2016-03-01

Singapore Research

-

Golden Agri - Nice Finish To The Year

RHB Invest

2016-02-29

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Low CPO prices negate better refining profit

CIMB Research

2015-12-17

Ben Santoso

-

Plantations 2016 Outlook - A better year for prices

DBS Research

2015-12-09

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Bracing for higher depreciation charges

CIMB Research

2015-12-07

Carey Wong [CFA]

-

Commodities Sector - Still no light ahead

OCBC Investment

2015-12-02

Singapore Research

-

Plantations - El Nino’s Unprecedented Impact On Edible Oil

RHB Invest

2015-11-30

Regional Research Team

-

Plantation - A Boost From El Nino And Biodiesel

UOB Kay Hian

2015-11-13

Ivy NG Lee Fang [CFA]

-

Golden Agri-Resources - Forex losses hit 3Q reported earnings

CIMB Research

2015-11-13

Ben Santoso

-

Golden Agri Resources - No surprises

DBS Research

2015-11-13

Carey Wong [CFA]

-

Golden Agri-Resources - Maintain HOLD with S$0.34 FV

OCBC Investment

2015-11-13

Singapore Research Team

-

Golden Agri-Resources - 3Q15 ~ Oilseeds Division Continues To Improve

UOB Kay Hian

2015-11-13

Singapore Research +

-

Golden Agri - 9M Earnings In Line

RHB Invest

2015-11-05

Jonathan Koh [CFA]

-

Plantation - Indonesia reveals biodiesel suppliers

CIMB Research

2015-11-05

Regional Research Team

-

Plantation - Indonesia Biodiesel Train Is Moving At High Speed

UOB Kay Hian

2015-10-21

Singapore Research

-

Golden Agri - CPO Price Upgraded On Strong El Nino

RHB Invest

2015-10-21

Alvin Tai [CFA] | Hoe Lee Leng | Hariyanto Wijaya [CFA, CFP, CA, CPA]

-

Plantation - Upgrading 2016 CPO Price On Perfect Storm

RHB Invest

2015-10-13

Alvin Tai [CFA] | Hoe Lee Leng | Hariyanto Wijaya [CFA, CFP, CA, CPA]

-

Plantation - Record Stockpile a Buying Opportunity

RHB Research

2015-10-08

Alvin Tai [CFA] | Hoe Lee Leng | Hariyanto Wijaya [CFA, CFP, CA, CPA]

-

Plantation - Possibly Better Prospects In 4Q And Beyond

RHB Research

2015-09-30

Regional Research Team

-

Plantation Sector - CPO Prices See Stronger-than-expected Recovery

UOB Kay Hian

2015-09-21

Hoe Lee Leng | Alvin Tai [CFA]

-

Plantation - India Raises Import Taxes

RHB Securities

2015-09-20

Ivy NG Lee Fang [CFA]

-

Plantation - India ups edible oil import duties

CIMB Securities

2015-08-14

Singapore Research

-

RHB Securities 2015-08-14: Golden Agri Resources - Golden Agri Resources - 2Q15; Better Than Expected. Maintain BUY.

RHB Securities

2015-08-13

Ivy NG Lee Fang

-

CIMB Securities 2015-08-13: Golden Agri-Resources - Golden Agri-Resources - 2Q15; Bracing for higher depreciation. Maintain REDUCE.

CIMB Securities