SGX: First Resources (EB5)       FIRST RESOURCES LIMITED
Last Price Today's Change   Day's Range   Trading Volume
1.66   -0.02 (1.19%)  1.66 - 1.69  1,061,900


Avg Volume (4 weeks):631,243
4 Weeks Range:1.50 - 1.71
4 Weeks Price Volatility (%):
52 Weeks Range:1.50 - 1.955
52 Weeks Price Volatility (%):
Average Price Target: 1.81
Price Target Upside/Downside: +0.15


Date Subject
13-Dec-2018 First Resources - a Well-Managed Planter
12-Nov-2018 First Resources - 3Q18 Results Within Expectations Despite Weaker CPO Prices
12-Nov-2018 First Resources Ltd - Strong 3Q Output Offsets Lower CPO Prices; Less Impacted by High Inventory Issue
12-Nov-2018 First Resources - Strong Harvest
07-Nov-2018 First Resources - [ First Thing To Look Out For]
10-Oct-2018 First Resources - Ample Growth Trajectory
15-Aug-2018 First Resources - Output Buffered Earnings performance
15-Aug-2018 First Resources - Biodiesel – Price Catalyst From September?
14-Aug-2018 First Resources - 2Q18 Above Expectations on Stronger-than-expected Downstream Operations
14-Aug-2018 First Resources - No surprises to 2Q18 results
14-Aug-2018 First Resources - No Surprises to 2Q18 Results
02-Aug-2018 First Resources - 2Q18 Results Preview ~ Flat Q-o-q & Slightly Better Y-o-y Performance
02-Aug-2018 First Resources - Trade War Jitters
02-Jul-2018 First Resources - Appealing Organic Growth Prospects
08-Jun-2018 First Resources - Time To Accumulate

Business Background

First Resources Limited, an investment holding company, engages in the cultivation and maintenance of oil palm plantations primarily in Singapore and Indonesia. The company operates through two segments, Plantations and Palm Oil Mills, and Refinery and Processing. It is also involved in harvesting and milling the fresh fruit bunches into crude palm oil (CPO) and palm kernel products; and processes CPO and palm kernel into value palm-based products, such as biodiesel, palm kernel oil, and palm kernel expeller, as well as refined, bleached and deodorised (RBD) olein, and RBD stearin. In addition, the company engages in oil palm seed breeding and rubber plantation activities; marketing and selling processed palm based products; and providing aircraft ownership and management. It manages approximately 208,691 hectares of oil palm plantations; and operates 14 palm oil mills in Indonesia. The company was founded in 1992 and is based in Singapore. First Resources Limited is a subsidiary of Eight Capital Inc.

  wmliang likes this.
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 01:20
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 23:30
clarence_yeo2003 sell first resource n go into indoagri any views?
26/02/2014 10:00
stockadvisor Seeing current movement and technical levels First Resource indicating a strong buy. To know more visit- http://goo.gl/fEqKvZ
14/04/2014 19:13
juzzdoo Hi All, what now for this stock at this level?
09/05/2014 13:36
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 19:01


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