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Short position - CPO anomaly
CRUDE Palm Oil (CPO) is at a 10-year high. But surprisingly, not all plantation stocks are following the trend.
Will higher palm oil prices depress M&A deals?
Strong CPO prices might be a factor in prospective agreements
Trading ideas: Top Glove, Samaiden, Sime Plant, Serba Dinamik
KUALA LUMPUR: Top Glove, Samaiden, Sime Plantation and Serba Dinamik are among the counters which could see trading interest on Tuesday following their corporate news, according to TA Securities Research.
Boustead Plantations returns to profit
PETALING JAYA: Boustead Plantations Bhd has returned to black, with a net profit of RM17.97mil for the third quarter (Q3) ended Sept 30, compared with a net loss of RM34.31mil in the corresponding quarter last year.
Boustead Plantations stages turnaround in 3Q with RM17.9m net profit
KUALA LUMPUR: Boustead Plantations posted a net profit of RM17.97mil in the third quarter ended Sept 30,2020, a turnaround from a net loss of RM34.31mil a year ago, underpinned by the rebound in crude palm oil prices.
Changing of the guard at GLICs... again
Changes expected to take place in coming weeks
Boustead Plantations a prime privatisation target
KUALA LUMPUR: Boustead Plantations is a prime privatisation target by its immediate holding company, Boustead Holdings Bhd, which will result in an “acquisition gain” for the latter.