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Brokers' take
Published Fri, Mar 6, 2015 · 09:50 PM
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First Resources
Buy
UOB Kay Hian | March 6 |
Close: S$1.905
Target price: S$2.80
We recently hosted meetings with First Resources' (FR) CEO Ciliandra Fangiono with fund managers in Malaysia. Questions raised focus on CPO (crude palm oil) price outlook, the biodiesel programme in Indonesia, the slowdown in FR's new plantings, yield improvement and cost of produ…
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