GOLDEN AGRICULTURE

$GOLDEN AGRI-RESOURCES LTD(E5H.SI)$  

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


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# Earning Season

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  • LMSunshine
    ·08-18
    Thanks! This stock in my watch-list. Check out Olam too
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  • RabbitNg
    ·08-24
    Ok
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  • tckoh
    ·08-21
    no
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  • Fenger1188
    ·08-18
    👍🏻
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  • nice
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  • LiYen
    ·08-18
    Ok
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  • Crevantess
    ·08-18
    👍
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  • andrew123
    ·08-18
    like
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    • SPOT_ON
      like 👍 👌 💛
      08-18
      Reply
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  • BriBri
    ·08-18
    Nice
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  • Okay
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    • SPOT_ON
      [Cool] [Cool]
      08-18
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  • sun2038
    ·08-18
    👍
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  • SPOT_ON
    ·08-18
    [smile] [smile] [smile] [smile]
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  • Like
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    • SPOT_ON
      ok
      08-18
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    • andrew123
      done.like back
      08-18
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  • jojoc
    ·08-18
    ok
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  • Fenger1188
    ·08-18
    👍🏻
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    • SPOT_ON
      [smile] [smile] [smile]
      08-18
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  • SPOT_ON
    ·08-18
    anyone vested ?
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