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Brokers' take (Amended)

Published Thu, Jul 20, 2017 · 09:50 PM

First Resources | Hold July 20 close: S$1.89 Target price: S$1.95 UOB Kay Hian, July 20

OUR visit to First Resources' estate in Pekanbaru reaffirms our positive view of the firm's good estate management and practices.

Female flower ratio has improved for a good production in 2018. Maintain "hold". Target price: S$1.95. Entry price: S$1.75.

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