Due to its fresh fruit bunch yield, 'fairly prime” oil palm trees’ age profile of 12.1 years and well-integrated operations.
's outlook this year due to its fresh fruit bunch yield,"fairly prime” oil palm trees’ age profile of 12.1 years and well integrated operations.
"Hence, we maintained a 'buy' call on SDP with a target price of RM5.50 based on the unchanged earnings per share for the financial year 2023 of 25 sen," the research house said in a note today. On SDP’s recent disposals of its Indonesian units PT Ladangrumpun Suburabadi and PT Sajang Heulang , the research house said it stands"neutral” on the latest development in line with the company’s internal reorganisation of its non-core operations.
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