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,…

Wheat, As A Commodity

Wheat is a grass grown all over the world for its highly nutritious and functional grain. It is one of the top three most produced crops in the world, along with corn and rice. Wheat has been cultivated for over 10,000 years and probably originates in the Fertile Crescent, along with other staple crops. A…

Fides Assets View: DBS Group Holdings

[Fides Assets Singapore Views: DBS GROUP HOLDINGS – SGX] 27th May 2019 Maintain BUY for DBS GROUP HOLDINGS (DBS SP) listed on SGX Target price: SGD$30.20 2019 was a solid start for banks reporting earnings growth of 7%-12% year-on-year (yoy) despite the high base of performance in 2018. A spike in mortgage lending rates helped…