Lower target price for IJM Plantations shares


Higher cost: The minimum wage in Malaysia is set to rise to RM1,050 starting Jan 1, 2019

Poor earnings outlook seen for next three years

PETALING JAYA: Amid poor earnings outlook for IJM Plantations Bhd for the next three years, Affin Hwang Capital Research has cut its target price while reaffirming its “sell” call on the counter.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , IJM Plantations , palm oil , CPO

   

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