Singapore Stock Market News

Regional Plantation - Getting Ready To Reinvest

StockFanatic
Publish date: Tue, 28 Oct 2014, 10:27 AM
StockFanatic
0 10,453
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.

Feedback from a recent marketing trip indicates that investors are less bearish on plantation stocks and are getting ready to increase exposure in this sector.

Key factors leading to the change are:
a) heavy selldown in plantation stocks, especially in mid-Oct 14;

b) CPO price is relatively stable despite a sharp decline in crude oil prices, indicating that CPO price is close to its fair value; and

c) supplies might be less than expected.

We recommend accumulating growth stocks. Maintain MARKET WEIGHT.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment