Five key points from our company visit:
(1) Strong FFB growth to continue for rest of this FY9/10 coming from existing plantations and contribution from Indonesian JV;
(2) Continued double-digit growth expected for FY11;
(3) CPO price view unchanged;
(4) More details on new Germany plant acquisition; and
(5) More land acquisitions coming?
Kuala Lumpur Kepong Berhad : Value and Growth – Our Preferred Sector Pick - 20/07/2010
No comments:
Post a Comment