Singapore Stock Market News

Plantation Day - biodiesel theme

StockFanatic
Publish date: Fri, 17 Jan 2014, 10:37 AM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
We hosted an Indonesia Plantation Day with a focus on the country's biodiesel efforts. Overall, we are more optimistic on the biodiesel programme as we gather that the biodiesel tender is not the only avenue Pertamina is pursuing to secure biodiesel to meet the higher mandate, contrary to some expectations.

The government appears ready to overcome any challenges to ensure the mandate is met. We expect the second biodiesel tender results by Pertamina to show a favourable take-up rate as the pricing mechanism for biodiesel has improved. However, our Neutral stance on the sector is intact. Our top picks are First Resources, Wilmar, AALI, LSIP and Ta Ann Holdings.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment