First Resources

Analysts mixed on First Resources following FY20 results, RHB downgrades rating to 'neutral' - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on First Resources following FY20 results, RHB downgrades rating to 'neutral'

Analysts have shown mixed reactions after First Resources reported 2HFY2020 earnings of US$53 million ($70.5 million), down 7% y-o-y.

First Resources to see higher earnings via Indonesia's new export levy structure: RHB - THE EDGE SINGAPORE

Broker's Calls

First Resources to see higher earnings via Indonesia's new export levy structure: RHB

As a result of Indonesia’s new export levy structure, which is in favour of First Resources, RHB Securities reckons the palm oil producer will rake in higher earnings.

UOB KH’s top picks are First Resources, Sunpower, Food Empire - THE EDGE SINGAPORE

Broker's Calls

UOB KH's top picks are First Resources, Sunpower, Food Empire

Finding attractive stock picks in a volatile market can be difficult as the world continues to grapple with the Covid-19 pandemic.

Analysts upbeat on First Resources given high CPO price, tax advantage - THE EDGE SINGAPORE

Broker's Calls

Analysts upbeat on First Resources given high CPO price, tax advantage

Analysts have continued to be positive on the prospects of First Resources following the plantation company’s improved performance in 3Q20 and 9M20.

Agribusiness positive on crude palm oil prices for now, rally to ease in 1H21: analysts - THE EDGE SINGAPORE

Broker's Calls

Agribusiness positive on crude palm oil prices for now, rally to ease in 1H21: analysts

Agribusiness players are generally positive on crude palm oil (CPO) prices for the remainder of the year with the current rally set to ease with improved supply in 1H21F, note CGS-CIMB an

Broker's Calls

UOB maintains ‘market weight’ on plantation sector on hopes of better 2H20

UOB Kay Hian has maintained its “market weight” recommendation on the Singapore plantation sector upon improved y-o-y earnings in 1H20, and expectations of a better 2H20.

Broker's Calls

Analysts: Downstream palm oil operators to benefit from Indonesia’s additional B30 funding

SINGAPORE (May 19): Following the recent announcement of renewed government funding for Indonesia’s B30 Biodiesel programme, CGS-CIMB analysts Ivy Ng and Nagulan Ravi have maintained their “neutral

Broker's Calls

Reasons to cash in on plantation stocks amid an industry turnaround: RHB

SINGAPORE (Dec 23): For those looking to cash in on plantation stocks, it’s now or never.

PLANTATIONS

Sector stocks stage a comeback; brighter days ahead as palm oil prices pick up

SINGAPORE (Dec 20): The palm oil industry this past year endured its fair share of turbulent times on the back of weak commodity prices, bad weather and dry spells in key markets such as Indonesia.

AGRICULTURE/HOTELS/RESTAURANTS

Genting Singapore tops list; plantation companies' ROE remains high

SINGAPORE (Sept 16): Genting Singapore, operator of Resorts World Sentosa (RWS), has emerged the winner of the agriculture, hotels and restaurants sector.

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