Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 10 Jul 2013
Felda Global Ventures; Hold; RM4.54
Price Target: RM4.40; FGV MK
Greater expansion needed
Needs more sizeable M&As to boost earnings. Muted growth due to unfavorable tree profile and depressed CPO ASP. Maintain HOLD with RM4.40 TP.
Source: HwangDBS Research - 10 Jul 2013
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