I grew up watching the World Cup. In 1982, as a teenager, I saw how Paulo Rossi picked up the Italian Golden Boot and Michel Platini missed his penalty, and, of course, in 1986, I saw how Diego Maradona beat goalkeeper Peter Shilton with his “Hand of God” and broke English hearts, again.Dubbed t...

THE following companies saw new developments that may affect trading of their securities on Monday (Nov 14):

PALM oil producer First Resources reported a 120.1 per cent surge in its underlying net profit for its third quarter ended Sep 30 to US$116.3 million from S$52.8 million in the equivalent period the year before.

UOB Kay Hian (UOBKH) has downgraded First Resources to “hold” from “buy”, after the palm oil producer raised its dividend payout ratio to 50 per cent from 30 per cent amid strong Q3 results.

UOB Kay Hian (UOBKH) has downgraded First Resources to “hold” from “buy”, after the palm oil producer raised its dividend payout ratio to 50 per cent from 30 per cent amid <a href="https://www.businesstimes.com.sg/companies-markets/first-resources-under... target="_blank...

RHB Group Research analysts have maintained their “neutral” call on First Resources with a higher target price of $1.75 from $1.50 previously following the company’s 9MFY2022 ended September earnings announcement.In their Nov 15 report, the analysts note that First Resources’ 9MFY2022 number...

PALM oil producer First Resources reported a 120.1 per cent surge in its underlying net profit for its third quarter ended Sep 30 to US$116.3 million from S$52.8 million in the equivalent period the year before.

PALM oil producer First Resources reported a 120.1 per cent surge in its underlying net profit for its third quarter ended Sep 30 to US$116.3 million from S$52.8 million in the equivalent period the year before.

THE following companies saw new developments that may affect trading of their securities on Monday (Nov 14):

First Resources recorded a 23.4% increase in sales to US$897.1 million ($1.2 billion) for the 9MFY2022 ended September on the back of stronger palm oil prices, with Ebitda and underlying net profit surging by 91.2% and 206.0% to US$390.7 million and US$253.8 million respectively.For the 3QFY2022 per...

Venture Corporation Price target: Maybank Securities ‘buy’ $20.20 CGS-CIMB Research ‘add’ $19.62 Recovery on track With its latest 3QFY2022 ended Sept 30 results boasting improvements across the board, Venture Corp seems to be on track for a recovery. Analysts are bullish on its prospects, ...

UOB Kay Hian Research analysts have added Singapore Telecommunications (Singtel), First Resources and Keppel Corporation to their Alpha Picks, while switching out Nanofilm Technologies for the larger-cap Venture Corporation.According to UOBKH analysts, the Alpha Picks outperformed the Straits Times ...

UOB Kay Hian analysts Jacquelyn Yow Hui Li and Leow Huey Chuen have upgraded First Resources to “buy” with an unchanged target price of $1.70.In their Oct 28 report, the analysts’ note that First Resources’ share price had declined by 14% since UOBKH’s last downgrade in June. This could ha...

Developer Oxley Holdings has actively been buying back its own shares. The most recent was on Sept 14, when it acquired 70,000 shares at between 15.9 cents and 16.1 cents each on the open market.This brings the total number bought back under the current mandate to 6.47 million shares. Oxley was buyi...

Driven by uncertainty over the supply of sunflower seed oil from Ukraine and Russia and Indonesia’s steps to curb palm oil exports, crude palm oil (CPO) prices rose to over RM7,000 ($2,186) per tonne in early March. Since then, on the unwinding impact of Indonesia’s export bans and fears of rece...