El Nino


Watch out for Godzilla El Niño

Like Godzilla, El Niño can cause immense destruction

In print this week

As El Niño approaches, plantation stocks rally, but is there any value left for retail investors?

SINGAPORE (Apr 29); Before the welcome relief in the form of thunderstorms towards the end of April this year, the weather was hot and dry. Meteorologists appear to be forecasting more hot and dry weather for parts of the Indonesian archipelago in the com

Broker's Calls

Could El Nino weather affect Golden Agri's overall supply?

SINGAPORE (Sept 26): There is a 50-55% chance of an El Nino onset of fall this year from Sept to Nov with the probability increasing to 65-70% during winter 2018-19, say weather forecasters.

Global Markets

Surfing trendsetters can make an economic splash

SYDNEY (MARCH 21): The discovery of a new surf spot allows a lucky board rider to commune with nature unfettered. Yet the inevitable influx of surfing hordes can also spur a burst of economic growth, according to new research.

Broker's Calls

Last call to ‘buy’ these plantation stocks on the CPO price rally

SINGAPORE (Jan 31): UOB Kay Hian is maintaining its “overweight” call on the planation sector within Singapore and the region, noting that crude palm oil (CPO) prices are likely to stay firm throughout 1H17 as supply is still relatively tight.

Broker's Calls

El Nino effect comes to an end for Bumitama Agri

SINGAPORE (Jan 24): Bumitama Agri, the holding company that operates oil palm plantations and mills in Indonesia, has garnered a “buy” with 97 target price by Maybank Kim Eng.

Broker's Calls

This plantation stock is recognised as cream of the crop

SINGAPORE (Jan 11): CIMB Securities remains “neutral” on the agribusiness sector while highlighting First Resources as its top “add” pick in Singapore for its superior output growth prospects, low-cost production.

Broker's Calls

This palm oil company is looking forward to a good 4Q

SINGAPORE (Nov 1): DBS is maintaining its “buy” rating on Indofood Agri Resources and its target price of 58 cents, after the palm oil company posted core earnings of IDR130 billion ($13.8 million), which were above the brokerage’s expected IDR120 b

Broker's Calls

What’s next for Wilmar after first quarterly loss?

SINGAPORE (Aug 12): UOB is maintaining its “sell” call for Wilmar International with a target price of $3.05 as the agri-business group reported its first ever quarterly net loss.


Golden Agri’s 2Q results hurt by El Nino; company expects better 2H

SINGAPORE (Aug 12): Weak crude palm oil prices and production output continue to weigh on planter Golden Agri-Resources.