Bursa Malaysia Stock Watch
Plantation: Maintain Neutral - Early Indication of a Slow Recovery
kltrader
Publish date: Wed, 13 Jun 2012, 09:40 AM
kltrader
0 20,407
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Earnings growth may only be visible in 2H12. The key takeaway from the May 2012 MPOB statistics is that Malaysia's CPO production fell 16.8% and 20.6% YoY respectively in Apr-May (but rose 5.1% to 8.7% MoM). Coupled with weaker CPO ASPs of MYR3,295/t (-1.6% YoY) for the 2Q to 11 Jun and a weak spot price of ~MYR3,000/t, 2Q12 earnings of plantation groups are likely to stay weak YoY (but be relatively stronger QoQ). Maintain Neutral on the sector. Top BUYs are Ta Ann and SOP for their attractive valuations and growth prospects.
Click here for full report
Source: Maybank Research - 13 June 2012
Click here for full report
Source: Maybank Research - 13 June 2012
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
BFM Podcast
2
CGS-CIMB Research
Genting Plantations - Proposed Land Acquisition in Indonesia
3
4
Koon Yew Yin's Blog
6
save malaysia!
8
THE INVESTMENT APPROACH OF CALVIN TAN
TSH RESOURCES (9059) VERSUS JOHOR PLANTATION GROUP (5323) Compare & Contrast, Calvin Tan
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
