Sasseur REIT (SASSR SP)

Sasseur REIT (SASSR SP)Current shareprice: SGD0.86Target price: SGD0.88Potential yield: +3% We maintain a BUY action on this counter. Let’s take a look at the insights of the real estate company. Sasseur Real Estate Investment Trust is a real estate investment trust established with the investment strategy of investing principally, directly or indirectly, in a diversified…

Fides’ Take: Plantations In Malaysia

[SECTOR UPDATE: Plantation – Malaysia] Recent news:Malaysia Palm Oil Board (MPOB) reported palm oilinventory jumped to 2.4m tonnes as of end-Sep 19, within market expectations. Palm oil inventory level hit a five-month high on lower exports and CPO production. Decreased exports to China and India:Palm oil exports were at approximately 1.29m tonnes in Sep 19,…