Golden Agri

Broker's Calls

Golden Agri boosted by downstream performance, analysts maintain 'buy' with higher TPs

Although earnings will reduce y-o-y in FY2023, RHB analysts believes valuations have already reflected this.

Company in the news

Golden Agri expands product chain to ride through volatile CPO prices

The company differentiates itself by moving up the value chain with a broad portfolio of higher value-added products.

Broker's Calls

Uncertainties abound in the plantation sector amid tightening supply and demand of vegetable oils

A trading strategy is best for the sector in light of the volatility in CPO prices, says RHB Group Research analyst Hoe Lee Leng.

Broker's Calls

RHB upgrades plantation sector to 'neutral' as geopolitical risk of war becomes a reality

RHB analyst Hoe Lee Leng has a “buy” call for Wilmar and “neutral” calls for First Resources, Bumitama Agri and Golden Agri.

Broker's Calls

Golden Agri kept at ‘hold’ despite long-term initiatives in place

SINGAPORE (Sept 13): OCBC is maintaining its “hold” call on Golden Agri with an unchanged fair value of 36 cents given the research house expects few catalysts in the near term.

Stocks To Watch

QT Vascular, Vallianz, Golden Agri, SeD, mm2 Asia, Koh Brothers, IHH, Global Yellow Pages

SINGAPORE (May 22): Here are some stocks to watch this Monday morning:
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RHB strategy for 2017

This plantation stock is going down a golden path

SINGAPORE (Jan 9): RHB is maintaining its “buy” call on Golden Agri at a target price of 46 cents while declaring the stock as its top pick within the plantation sector.

RHB strategy for 2017

Will 2017 be a bumper crop year for plantation stocks?

SINGAPORE (Jan 4): RHB is maintaining its “neutral” stance on the plantation sector with its top pick as Golden Agri for its diversified land bank, crude palm oil (CPO) price sensitivity and stock liquidity.

DBS looks into 2017

Plantation stocks are counting on these 3 things for a bountiful year

SINGAPORE (Dec 20): DBS Vickers Securities has upgraded its view on the plantation sector to “neutral” on improving fundamentals, as well as expectations of yield recovery and steady prices to boost the earnings of plantation companies in FY17F.

Broker's Calls

Uncertain outlook ahead for Bumitama Agri

SINGAPORE (Aug 8): RHB is maintaining its “neutral” rating on Indonesian oil-palm plantation Bumitama Agri, with a revised target price of 75 cents.