Monday, April 08, 2013

TDM Cheapest Among Plantation Stocks

Jewels Among The Rubble
In scouring for jewels in Malaysia’s plantations universe, TDM and Chin Teck stood out among the 10 cheapest plantation stocks in terms of EV per planted ha valuation. We think these stocks’ EV valuations should still be, but are not, higher than Indonesia’s. These stocks could re- rate on account of their severe under-valuation, even if the plantation sector stays unexciting.
Source: RHB The Research Team. Read more here.