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ENTITY
First Resources

First Resources (FR SP)

55
Analysis
Consumer Staples • Singapore
Established in 1992 and listed on the Singapore Exchange since 2007, First Resources is one of the leading palm oil producers in the region, managing over 200,000 hectares of oil palm plantations across the Riau, East Kalimantan and West Kalimantan provinces of Indonesia. Our core business activities include cultivating oil palms, harvesting the fresh fruit bunches (FFB) and milling them into crude palm oil (CPO) and palm kernel (PK). In addition to plantations and palm oil mills, the Group through its refinery, fractionation, biodiesel and kernel crushing plants, processes its CPO and PK production into higher value palm-based products such as biodiesel, refined, bleached and deodorised (RBD) olein and RBD stearin, palm kernel oil and palm kernel expeller. This enables the Group to extract maximum value out of our upstream plantation assets. Our products are sold to both local and international markets. First Resources is committed to the production of sustainable palm oil. Our sustainability strategy is centred upon maximising output while minimising the adverse environmental and social impact from our operations. We will constantly strengthen our sustainability framework through regular benchmarking against industry standards and best practices.
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bullish•YHI International
•01 Oct 2020 00:00•Exchange-sponsored

Share Buyback Consideration Reaches 6M High in September

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bullish•YHI International
•01 Sep 2020 00:00•Exchange-sponsored

11 Companies Commence New Share Buyback Mandates in August

In August, 18 SGX primary-listed stocks bought back shares for a total consideration of S$15 million, higher than the S$3 million in...

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bullish•Olam Group
•26 Nov 2019 00:00•Exchange-sponsored

Three Best-Performing Billionaire Agrifood Plays Returned 24% in YTD

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bullish•Golden Agri Resources
•24 Nov 2019 11:57

Golden Agri: Pricing Up / Stock Down:  Trading Buy

INVESTMENT CONCLUSION: An improved outlook for CPO pricing should support the shares into the S$0.30s.  Pricing expectations have improved as a...

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Charles Spencer
452 Views
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bearish•Golden Agri Resources
•15 Sep 2019 18:42

Golden Agri & Wilmar – Avoid till the Smoke Clears

INVESTMENT CONCLUSION: We recommend avoiding shares linked to the Indonesian plantation sector, like Golden Agri Resources (GGR SP) and Wilmar...

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Charles Spencer
475 Views
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