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  sgx_swinger First resources , now 194 , may fall to 189-190 bounce then 186 then 181-182. for more details , see http://www.sharejunction.com/sharejunction/listMemberPosts.htm?username=hello123 or http://sgxswinger.blogspot.sg/ 18/09/2013 1:20 AM wmliang Higher sales boost final results .... First Resources' FY13 core net profit was 11% above our forecast and 8.5% above consensus due to the higher CPO sales and lower cost of production. The group sold 36k tonnes more CPO than its production of 589k tonnes in FY13, which we suspect came from inventory drawdown. This, coupled with the realisation of forward sales in the earlier quarters helped the group report a 3% rise in its FY13 core net profit. A final dividend of S$0.0325 was declared, bringing total dividends in FY13 to S$0.045, the highest level since listing. We fine-tuned our earnings forecasts for housekeeping purposes. Our Add rating and target price (based on 12.3x P/E, 1 s.d. above its 4-year mean) are intact. 25/02/2014 11:30 PM stockadvisor Seeing current movement and technical levels First Resource indicating a strong buy. To know more visit- http://goo.gl/fEqKvZ 14/04/2014 7:13 PM sk l palm oil prices showing signs of bottoming. At current levels, palm oil is competitive as bio-diesel vs crude oil, even without subsidies. 08/09/2014 7:01 PM  | APPS  I3 Messenger Individual or Group chat with anyone on I3investor
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