GOLDEN AGRICULTURE

SPOT_ON
2022-08-18

$GOLDEN AGRI-RESOURCES LTD(E5H.SI)$

RHB Group Research analysts have kept their “neutral” call on Golden Agri-Resources with a slightly higher target price of 30 cents from 29 cents previously.


The analysts raise their FY2022 earnings estimate for FY2022 by 43% and FY2203-FY2024 earnings by 7%-10% after adjusting for lower unit costs for FY2022 as well as higher contributions from Golden Agri’s downstream operations and joint venture (JV) for FY2022-FY2024.


Golden Agri recorded US$362 million in core net profit in 1HFY2022, 110.3% higher y-o-y due to higher average selling prices (ASPs) — exceeding expectations at 78% of RHB’s forecasts and 61% of street’s estimates


@SGX_Stars

@TigerObserver

@Tiger_Earnings

@老虎国际

@Omega88

@LMSunshine

@SGX_Stars

@Fenger1188

@Tiger_SG

@TigerEvents

@TigerStars



Q2 Earning Season
Share your opinions & win stock vouchers up to USD 50
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

  • SPOT_ON
    2022-08-18
    SPOT_ON
    [smile] [smile] [smile] [smile]
  • SPOT_ON
    2022-08-18
    SPOT_ON
    anyone vested ?
  • LMSunshine
    2022-08-18
    LMSunshine
    Thanks! This stock in my watch-list. Check out Olam too
  • RabbitNg
    2022-08-24
    RabbitNg
    Ok
  • seesam
    2022-08-21
    seesam
    no
  • Fenger1188
    2022-08-18
    Fenger1188
    👍🏻
Leave a comment
1