agriculture

Results

Halcyon Agri's 3Q earnings slump to $2.3 mil on lower margins, higher costs

SINGAPORE (Nov 12): Halcyon Agri Corporation reported earnings of US$1.7 million ($2.3 million) for the 3Q ended Sept, down 75.8% from restated 3Q17 earnings of $7.2 million due to lower margins an

In print this week

Asia's agricultural woes serve up food for thought

SINGAPORE (Sept 9): Last year, Singapore imported 1.45 billion eggs, 525,686 tonnes of vegetables and 182,822 tonnes of chicken. All of that comes from 180 other countries.

Broker's Calls

Japfa started at 'buy' on expectations of over 500% y-o-y net profit growth

SINGAPORE (Oct 17): UOB Kay Hian is initiating coverage on Japfa at “buy” with a target price of 90 cents or 12.2 times FY18F earnings, compared to 13.6 times by peers.

Commodities

The 6 biggest SGX-listed agriculture stocks are beating global benchmarks

SINGAPORE (Sept 4): Six of the biggest agriculture-focused stocks listed on the Singapore Exchange (SGX) are beating global agriculture benchmarks so far this year, according to data from Bloomberg

Broker's Calls

Ongoing market uncertainty makes it all the more opportune to 'buy' this stock

SINGAPORE (July 4): RHB Research is reiterating its “buy” call on Wilmar International with an unchanged target price of $3.59, while highlighting ongoing market uncertainties and the recent retrac

Results

Sri Trang Agro-Industry 1Q earnings surge to $35 million despite lower revenue

SINGAPORE (May 14): Sri Trang Agro-Industry reported a 109% surge in 1Q18 earnings to THB831.8 million ($34.8 million) from earnings of THB7.6 million a year ago on the back of higher operating pro

Results

Chew's Group swings into 1H losses after disposal of subsidiaries

SINGAPORE (May 7): Chew’s Group reversed into losses of $0.1 million for 1H18 comapred with earnings of $1.7 million in 1H17.

Oceanus enters tripartite MoU for aquaculture-related investments; says 'working at pace' on aquaponics farm project

SINGAPORE (Apr 23): Oceanus Group has entered into a memorandum of understanding (MoU) with Shaw Investment Holdings and China Construction Seventh Engineering Division Corp (CSCEC7) to collaborate

Broker's Calls

Limited downside risks for Wilmar, but no catalysts for share price recovery either: RHB

SINGAPORE (Dec 13): RHB Research is maintaining its “neutral” call on Wilmar International with a lower target price of $3.31 compared to $3.33 previously, after applying a lower target 12 times FY

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