Wednesday, July 28, 2010

RHB Equity 360° - 28 July 2010 (Genting Plantation, MYEG; Technical: Measat Global)

Top Story : Genting Plantation – Indonesian estates to start “fruiting” soon
Underperform

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GP’s FFB production growth has recovered from the weakness seen in 1H09, to post an 11.7% yoy growth in YTD June 2010. Going forward however, management expects this yoy growth to slow in 2H10, given the recovery in FFB production which was seen in 2H09.

RHB Equity 360° - 28 July 2010 (Genting Plantation, MYEG; Technical: Measat Global)

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