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Bumitama Agri gets 3 buys for stronger quarters ahead

PC Lee
PC Lee5/16/2017 3:20 PM GMT+08  • 3 min read
Bumitama Agri gets 3 buys for stronger quarters ahead
SINGAPORE (May 16): UOB Kay Hian, RHB and Maybank Kim Eng are maintaining their “buy” calls on Bumitama Agri for its growth prospects.
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SINGAPORE (May 16): UOB Kay Hian, RHB and Maybank Kim Eng are maintaining their “buy” calls on Bumitama Agri for its growth prospects.

“We like Bumitama Agri for its young tree age profile, which spells strong production, as well as its hands-on estate management which has allowed the group to consistently deliver a high oil extraction rate,” says UOB.

According to Maybank, the “best is yet to come” as Bumitama Agri’s strongest quarter has traditionally been its final quarter when output breaks.

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