Research firms maintain Hold on FGV


KUALA LUMPUR: Research firms are still maintaining their "hold" call on Felda Global Ventures Holdings Bhd (FGV) despite a slow down in its first quarter results ended March 31, 2015.

Maybank Investment Bank Research expected the company to post stronger earnings in the coming quarters, however, it revised downwards the 2015-2017 financial years earnings per share (EPS) estimates by 25%, 20% and 19%, respectively.

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