Golden Agri-Resources

RHB keeps 'trading buy', TP 30 cents for Golden Agri after weaker-than-expected 1Q results - THE EDGE SINGAPORE

Broker's Calls

RHB keeps 'trading buy', TP 30 cents for Golden Agri after weaker-than-expected 1Q results

Despite Golden Agri-Resources’ weaker-than-expected results for 1QFY2021 ended March 31, RHB Securities has kept its “trading buy” rating and target price of 30 cents for the palm oil company.

Golden Agri-Resources reports 1QFY21 earnings of US$41 mil, versus losses of US$95 mil last year - THE EDGE SINGAPORE

Results

Golden Agri-Resources reports 1QFY21 earnings of US$41 mil, versus losses of US$95 mil last year

Golden Agri-Resources has reported earnings of US$41 million for 1QFY21 ended March, sharp swing from losses of US$95 million incurred in the year earlier period.

RHB ups Golden Agri TP to 30 cents on widening tax differential advantage - THE EDGE SINGAPORE

Broker's Calls

RHB ups Golden Agri TP to 30 cents on widening tax differential advantage

RHB Securities has turned more optimistic on Golden Agri-Resources as it expects the palm oil company to continue to gain from a widening tax differential.

Will Golden Agri continue to outperform amid strong CPO prices, new export levy? - THE EDGE SINGAPORE

Broker's Calls

Will Golden Agri continue to outperform amid strong CPO prices, new export levy?

As Golden Agri-Resources’ results for FY2020 ended Dec 31 were unexpectedly lifted by strong crude palm oil (CPO) prices and a new Indonesian export levy structure, most analysts are now turning po

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

Management & Corporate Governance

5 SGX-listed companies among Asean leaders in anti-corruption disclosure

SINGAPORE (Aug 27): Five Singapore-listed companies – Golden Agri-Resources, Sembcorp Industries, SIA Engineering Company, Singapore Airlines, and Singapore Telecommunications – have been named amo

Broker's Calls

Will the US-China trade war crush these SGX-listed soybean crushers?

SINGAPORE (Apr 6): CIMB Research believes China’s plan to slap a 25% import tariff on soybean imports from the US amid an escalating tit-for-tat trade spat could be potentially negative for China-b

Results

Golden Agri sinks into the red with 4Q loss of US$29.1 mil

SINGAPORE (Feb 27): Golden Agri-Resources has sunk into a 4Q17 loss of US$29.1 million ($38.3 million), compared its profit of US$46.3 million posted in the same period a year ago on lower revenue

M&A

Golden Agri's subsidiary sells Tianjin refinery to Louis Dreyfus' unit

SINGAPORE (Nov 27): LDC (China) Trading Company, a subsidiary of Louis Dreyfus Company Asia, is acquiring the entire equity stake of Sinarmas Natural Resources Foodstuff Technology (Tianjin) Co, sa

TES 800th Issue

10 stocks with the highest returns since The Edge Singapore first went to print

SINGAPORE (Oct 6): The 800th issue of The Edge Singapore this week features 10 companies with the highest returns since our first issue was published in March 2002.

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