Brokers' take (Amended)
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.
Hutchinson Port Holdings Trust | Sell July 20 close: US$0.445 Target price: US$0.42 OCBC Investment Research. July 20
Hutchison Port Holdings Trust's (HPHT) Q2-2017 results were within expectations. 1H-2017 distribution per unit (DPU) dropped 32.1 per cent year on year to 9.5 HK cents, or 42.2 per cent of our full-year fore…
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