SINGAPORE (Mar 24): RHB Group Research is downgrading its ratings for plantation players Golden Agri-Resources (GAR) and Bumitama Agri (BAL) on the back of lower crude palm oil (CPO) price assumptions. From “buy” calls on both counters previously, the research house is cutting GAR to “sell”...

SINGAPORE (Mar 12): There are two ways to navigate a market crash. You either buy now because stocks are underpriced, or you start selling because you want to reduce your losses. How then, to identify which stocks to buy, and which ones to drop from your portfolio? 1. Determine the situation “Un...

SINGAPORE (Feb 19): Analysts are keeping their “buy” recommendations on Bumitama Agri (BAL), despite the Indonesian-based oil palm plantation operator missing consensus earnings estimates by a long way for FY2019 ended December. For 4QFY2019, BAL reported earnings of 261.46 billion Indonesian r...

AN improvement in palm oil prices towards the end of last year gave a boost to Bumitama Agri's fourth-quarter earnings.

AN improvement in palm oil prices towards the end of last year gave a boost to Bumitama Agri's fourth-quarter earnings.

THE following companies saw new developments that may affect trading of their securities on Tuesday:

SINGAPORE (Dec 23): For those looking to cash in on plantation stocks, it’s now or never. Crude palm oil prices are on the upswing – it climbed to a high of RM 2,665 per tonne by end November due to lower palm oil inventory. While the spike is good news for industry players, RHB Research also a...

FOR the five trading sessions spanning Dec 13 to Dec 19, the Straits Times Index (STI) gained 0.4 per cent with the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaging a 2.1 per cent return. This has brought the STI's 2019 total return through to Dec 19, to 8.9 per...

SINGAPORE (Dec 10): The storm looks to have blown over for palm oil players. According to DBS Group Research, average crude palm oil (CPO) prices are expected to rebound by 19% to US$596 per MT in 2020. The recovery will be driven by plateauing global palm oil supply, DBS says, alongside reasonable...

SINGAPORE (Dec 9): The dry weather in 3Q19 may have squeezed the earnings of Singapore-listed Bumitama Agri in recent times. But the Indonesia-based plantation company is expected to do better in FY20 and FY21 as the output in fresh fruit bunches (FFB) recovers. RHB Group Research notes that the ma...