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Indonesian firm in $1.3 bln palm plantation bid
www.reuters.com
[Reuters] - The deal was costlier than recent transactions by some listed firms, based on an enterprise value of nearly $16,000 per hectare and assuming no debt, said Ivy Ng, palm oil sector analyst for CIMB in Kuala Lumpur. That was a positive sign for the market
Weakening Demand Spells Lower Prices For Palm Oil
www.thejakartaglobe.com
[Jakarta Globe] - Stockpiles in Malaysia may have jumped to a record 2.6 million tons at the end of September, Ivy Ng, an analyst at CIMB Group Holdings Bhd., wrote in a report today. Inventories in Indonesia have hovered between 3.5 million tons and 4 million tons
Palm Oil Little Changed as Tax Proposal Counters Price Forecast
www.bloomberg.com
[Bloomberg] - Stockpiles in Malaysia may have jumped to 2.6 million tons at end-September, Ivy Ng, an analyst at CIMB Group Holdings Bhd. (CIMB), said yesterday. Inventories reached an all-time high of million tons in November 2008, said the Malaysian Palm Oil
Google News: Hot Stocks: Plantation stocks fall on plunge in CPO prices
[The Edge Malaysia] - But CIMB Investment Bank Bhd analyst Ivy Ng Lee Fang is keeping the research firm's "trading buy" call on the regional plantation sector in anticipation that CPO prices will rise in the medium term following the recent sell-down in the commodity.
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