Singapore Stock Market News
Regional Plantation - Food & Fuel Monthly
StockFanatic
Publish date: Wed, 09 Jul 2014, 11:11 AM
StockFanatic
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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 remain convinced that palm oil production growth will likely be weak this year, driving prices higher. We see fresh evidence of this, which we believe could potentially interrupt the inventory upcycle.
Our sector Top Pick remains Bumitama Agri (BAL SP, BUY, FV: SGD1.66), although we continue to like First Resources (FR SP, BUY, FV: SGD2.86), Astra Agro Lestari (AALI IJ, BUY, FV: IDR34,375) and Genting Plantations (GENP MK, BUY, FV: MYR13.25).
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