SINGAPORE (Dec 14): RHB is maintaining its “Neutral” recommendation on First Resources with a target price of S$1.86.
While RHB continues to expect CPO (crude palm oil) output to grow, especially in Malaysia, where recovery has been slower, much of this has already been reflected in CPO prices.
In December, CPO prices dropped to a low of...(click on link for full story on theedgesingapore.com)