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Brokers' take

Published Wed, Jul 11, 2018 · 09:50 PM

Golden-Agri Resources | Hold (maintain) Fair value: S$0.30 July 11 close: S$0.27 OCBC Investment Research, July 11

Crude palm oil (CPO) prices have continued to trend lower in Q2 2018, and are down about 6 per cent so far this quarter. As for Golden-Agri Resources (GAR), its share price is down about 16 per cent from end-March.

GAR's sales to customers within In…

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