Fengxiang (9977 HK): Precondition Satisfied
The composite document is out. The IFA opines that PAG’s offer (HK$2.00 per H share) is fair and reasonable. The vote is on 24 July. At the last...
617 Views
Poultry: Near-Term Pressures, Recovery Potential in 2H25 (OVERWEIGHT)
Livebird prices recently improved to Rp18.6k/kg, but we expect softer prices in July amid the seasonally low demand in Suro month.
175 Views
Fengxiang (9977 HK): No Share Alternative Offer
The decision not to introduce the share alternative offer underscores PAG's confidence in the vote. For an end-of-Nov payment, the gross/annualised...
467 Views
Sumber Alfaria Trijaya (AMRT IJ) - Outperforming with Essentials
Sumber Alfaria Trijaya (AMRT IJ) booked a surprisingly strong set of 1Q2025 results, going against softer consumer sentiment, underlining Alfamart...
332 Views
Poultry: Near-Term Supply Adjustments to Stabilize Prices, but Implementation Might Be Arduous
Mild realization in supply adjustment due to the lack of clarity and monitoring. Impact on LB will be felt at the end of May25, at the earliest.
210 Views