May 21, 2012 -- Updated January 17, 2011 05:58 HKT
Singapore Commodity Companies a Strong Buy Olam, Noble Group, Wilmar
Olam International, Noble Group, Wilmar International
Singapore listed commodities companies are set to become the rising stars of the exchange in 2011 and will become global players of significant importance.
Olam International Ltd, Wilmar International Ltd and Noble Group Ltd are most likely to lead the charge as the benefit from home grown markets in ASEAN, China and India, where the world’s largest populations are consuming more and more of the world’s food supply.
Cash Flow is on the rise at Noble and Olam, both have successfully made the switch into production from trading, have been expanding ever since.
Olam is the world’s largest supplier of cashews and sesame seeds, and is among the biggest sources of cocoa, rice, peanuts and cotton. It operates in 64 countries.
Noble is Asia’s biggest supplier of raw materials. Only 22 percent of its revenue comes from agriculture, with the remainder coming from materials such as iron ore.
It has invested heavily in mines and processing.
Wilmar is Asia’s leading agribusiness group and the world’s largest integrated palm oil company.
Golden Agri-Resources Ltd is the world’s second largest palm oil plantation with a total planted area of 435,000 hectares (including small holders) as at 30 September 2010, located in Indonesia. It has integrated operations focused on the production of palm-based edible oil and fat products.
Demand is expected to grow because of demand for biofuels, which is part of the reason the company bought the sugar and renewable energy businesses from Australia’s CSR.
Investor Services
Most (71 per cent) Boomers can’t wait to spend their time as they wish in retirement, but four-in-10 (42 per cent) of those not-yet-retired expect managing cash …
Don’t give up on Gold yet Economist Shayne Heffernan said in a note to traders today, he added that Gold may still reach $2000 in 2013.
Central banks …
iShares MSCI Malaysia Index Fund (EWM), iShares MSCI Indonesia Investable Market Index Fund (EIDO), iShares MSCI Singapore Index Fund (EWS), Market Vectors Indonesia Index ETF (IDX), iShares …
The Hot List
Sky Power Solutions Corp (OTC:SPOW), INDOCAN RESOURCES INC (PINK:IDCN), JP Morgan Chase (NYSE:JPM)
Sky Power Solutions Corp (OTC:SPOW)
Looks way oversold this morning, there has been what appears to …















