Bumitama Agri May Serve as Proxy for Rebound in Crude Palm Oil Prices -- Market Talk

Dow Jones01-19

0821 GMT - Palm oil producer Bumitama Agri is likely to serve as a proxy for rebounding crude palm oil prices, Macquarie analysts Amanda Foo and Hanel Tan say in a note. The Singapore-listed company's 100% upstream exposure provides high earnings leverage to palm oil prices, they say. Given current weakness in palm oil prices is likely temporary, the analysts see potential for Bumitama's stock to re-rate over several months. They expect Bumitama to post 2025-2026 adjusted profit of S$224 million-S$236 million. "We estimate a MYR100/ton change in crude palm oil price could lift earnings by 7%, all else equal," they add. Macquarie initiates coverage of Bumitama with an outperform rating and S$1.70 target price. Shares fall 0.8% to S$1.27. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

January 19, 2026 03:21 ET (08:21 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2604895881?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-19 16:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2604895881","market":"hk","top_or_hot":-1,"title":"Bumitama Agri May Serve as Proxy for Rebound in Crude Palm Oil Prices -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0821 GMT - Palm oil producer <a href=\"https://laohu8.com/S/BUMTF\">Bumitama Agri</a> is likely to serve as a proxy for rebounding crude palm oil prices, <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> analysts Amanda Foo and Hanel Tan say in a note. The Singapore-listed company's 100% upstream exposure provides high earnings leverage to palm oil prices, they say. Given current weakness in palm oil prices is likely temporary, the analysts see potential for Bumitama's stock to re-rate over several months. They expect Bumitama to post 2025-2026 adjusted profit of S$224 million-S$236 million. \"We estimate a MYR100/ton change in crude palm oil price could lift earnings by 7%, all else equal,\" they add. Macquarie initiates coverage of Bumitama with an outperform rating and S$1.70 target price. Shares fall 0.8% to S$1.27. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 19, 2026 03:21 ET (08:21 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bumitama Agri May Serve as Proxy for Rebound in Crude Palm Oil Prices -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBumitama Agri May Serve as Proxy for Rebound in Crude Palm Oil Prices -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-19 16:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0821 GMT - Palm oil producer <a href=\"https://laohu8.com/S/BUMTF\">Bumitama Agri</a> is likely to serve as a proxy for rebounding crude palm oil prices, <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> analysts Amanda Foo and Hanel Tan say in a note. The Singapore-listed company's 100% upstream exposure provides high earnings leverage to palm oil prices, they say. Given current weakness in palm oil prices is likely temporary, the analysts see potential for Bumitama's stock to re-rate over several months. They expect Bumitama to post 2025-2026 adjusted profit of S$224 million-S$236 million. \"We estimate a MYR100/ton change in crude palm oil price could lift earnings by 7%, all else equal,\" they add. Macquarie initiates coverage of Bumitama with an outperform rating and S$1.70 target price. Shares fall 0.8% to S$1.27. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 19, 2026 03:21 ET (08:21 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999006266.SGD","symbol_name":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2604895881","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2604895881","pubTimestamp":1768810860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0821 GMT - Palm oil producer Bumitama Agri is likely to serve as a proxy for rebounding crude palm oil prices, Macquarie analysts Amanda Foo and Hanel Tan say in a note. The Singapore-listed company's 100% upstream exposure provides high earnings leverage to palm oil prices, they say. Given current weakness in palm oil prices is likely temporary, the analysts see potential for Bumitama's stock to re-rate over several months. They expect Bumitama to post 2025-2026 adjusted profit of S$224 million-S$236 million. \"We estimate a MYR100/ton change in crude palm oil price could lift earnings by 7%, all else equal,\" they add. Macquarie initiates coverage of Bumitama with an outperform rating and S$1.70 target price. Shares fall 0.8% to S$1.27. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","BK6509":"食品和饮料股","BK6095":"农产品","BK4588":"碎股","P8Z.SI":"布米达马农业","BK4585":"ETF&股票定投概念","USO":"美国原油ETF","SCO":"二倍做空彭博原油指数ETF","BK4570":"地缘局势概念股","UCO":"二倍做多彭博原油ETF"},"translate_title":"Bumitama Agri可能成为毛棕榈油价格反弹的代表——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USO":0.9,"UCO":0.6,"SCO":0.6,"P8Z.SI":0.9},"content_text":"0821 GMT - Palm oil producer Bumitama Agri is likely to serve as a proxy for rebounding crude palm oil prices, Macquarie analysts Amanda Foo and Hanel Tan say in a note. The Singapore-listed company's 100% upstream exposure provides high earnings leverage to palm oil prices, they say. Given current weakness in palm oil prices is likely temporary, the analysts see potential for Bumitama's stock to re-rate over several months. They expect Bumitama to post 2025-2026 adjusted profit of S$224 million-S$236 million. \"We estimate a MYR100/ton change in crude palm oil price could lift earnings by 7%, all else equal,\" they add. Macquarie initiates coverage of Bumitama with an outperform rating and S$1.70 target price. Shares fall 0.8% to S$1.27. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 19, 2026 03:21 ET (08:21 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2604895881","isCrawlerRequest":true}