Singapore Stock Market News
Plantation Companies - Headwinds partly priced in
StockFanatic
Publish date: Thu, 04 Jun 2015, 10:07 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.
■ Despite El Nino, vegetable oil prices lack near-term catalysts in our view; as soybean oversupply will last through next year
■ CY15F-17F CPO prices (US$ FOB) cut by 5-11%; FY15F/16F EPS cut by up to 55%
■ We upgrade WIL to BUY and continue to like BAL for its strong earnings growth prospects
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