Straits Times Index to add Mapletree Logistics Trust, cut Golden Agri
After the quarterly review, the STI will remove Golden Agri as a constituent and add Mapletree Logistics Trust, FTSE Russell said Thursday.
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Golden Agri reports 2Q19 net loss widens as palm oil prices fall
Golden Agri reported Wednesday its 2Q19 net loss widened to US$64.70M, from a net loss of US$39.02M in the year-ago quarter as palm oil prices dropped.
Golden Agri reports 1Q19 net profit rose 55 percent despite palm oil price decline
Golden Agri reported Tuesday its 1Q19 net profit rose 55 percent on-year to US$18 million, mainly on the gain from disposing of an Indonesian subsidiary.
UPDATE: Singapore stocks to watch Friday: UOB, Great Eastern, ARA US Hospitality, OUEHT, SembMarine
These are Singapore companies which may be in focus on Friday, 3 May 2019: UOB, SembMarine, Frasers Property, ARA US Hospitality, OUEHT and Great Eastern.
UPDATE: Singapore stocks to watch Friday: Hyflux, Frasers Property, CapitaMall Trust
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.
UPDATE: Singapore stocks to watch Tuesday: SIA Engineering, Keppel, Olam, Golden Agri
These are Singapore stocks which may be in focus on Tuesday, 2 April 2019: SIA Engineering, Keppel, Olam and Golden Agri-Resources.
UPDATE: Singapore stocks to watch Thursday: Frasers Property, Frasers Centrepoint, Ascendas REIT, ThaiBev
These are Singapore companies which may be in focus on Thursday, 21 March 2019: Frasers Property, Ascendas REIT, Thai Beverage and Yongnam.
UPDATE: Golden Agri reports 2018 net loss, missing some analysts’ forecasts
Golden Agri reported Wednesday a 2018 net loss of US$2M, on a foreign exchange loss, loss from changes in the fair value of biological assets and a deferred tax expense.
UPDATE: Singapore stocks to watch Wednesday: CapitaLand, Golden Agri, OUE, Olam, UOL
These are Singapore companies which may be in focus on Wednesday, 27 February 2019: CapitaLand, Golden Agri, UOL, OUE and Olam.
Golden Agri downgraded to Sell by RHB on need for ‘aggressive replanting’
RHB downgraded Golden Agri Resources to Sell from Neutral, saying the palm oil company needs “aggressive replanting” and cost management. “While we believe 2019 will…
Daiwa: Cutting Golden Agri forecasts after ‘disappointing’ results
Daiwa said it was cutting its earnings forecasts for Golden Agri Resources after its third-quarter results were “disappointing,” and missed its forecasts. The palm-oil producer…
Singapore stocks to watch Tuesday: Wilmar, Golden Agri, CapitaLand, COSCO, APAC Realty, Oxley
Wilmar International Agri-business giant Wilmar International reported on Monday a 35 percent increase in core net profit to US$434.7 million for the quarter ended September…