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Moody's: Stronger earnings for Sime Darby Plantation, IOI Corp in next 12 to 18 months

The Edge Markets LogoThe Edge Markets1w ago

Moody's: Stronger earnings for Sime Darby Plantation, IOI Corp in next 12 to 18 months - The Edge Markets

Quick Summary:

Sime Darby Plantation shares were down 0.92% at RM4.30 at the noon market break, while IOI Corp was down 1.75% at RM3.93.

The lower end of our medium-term price assumption of RM3,400 is RM100 more than the five-year average price of around RM3,300,” it added.

It raised the medium-term price sensitivity range for CPO to RM3,400 to RM3,800 per metric ton.


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Article Details

Category: InvestingFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 05:07:57 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #369 (out of 2192 stories this day)

News Source URL: news.google.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 1923708

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About The Edge Markets

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Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Update Frequency: 99 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 9 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #17

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