Singapore Stock Market News
Bumitama Agri - CPO price headwinds ahead
StockFanatic
Publish date: Thu, 14 Aug 2014, 10:12 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.
■ Y-o-y jump in earnings was driven by 29% y-o-y higher CPO ASP (blended) and 98% y-o-y jump in PK ASP
■ Forecasts, TP unchanged, as we expect lower ASP in subsequent quarters
■ HOLD call maintained for 3% upside and 1% dividend yield
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