Excerpt from DBS Bank report:

Report Summary

• Actionable Insight: Maintain BUY recommendation for Bumitama Agri Ltd.
• Target Price: SGD2.30
• Key Idea: The company is expected to benefit from strong crude palm oil (CPO) price momentum, with a projected CPO price of USD950/MT in 2026. This supports higher earnings and an attractive dividend yield of 5–6%.
• Highlights: Bumitama Agri reported strong earnings momentum, with efficient operations and utilisation driving margin upside. The valuation remains undemanding, offering upside potential. The stock is poised to continue its positive performance as palm oil prices and output trends improve.
• Implications: Investors can expect sustained dividend payments and further share price appreciation, underpinned by robust fundamentals and favourable commodity pricing.

above is an excerpt from a report by DBS Bank. Clients of DBS Bank can be the first to access the full report from the DBS Bank website : https://www.dbs.com