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Podcast > Morning Run > Market Watch > Felda - Profits, Politics vs People

Felda - Profits, Politics vs People

Jan Willem van Gelder, Profundo Economic Research, Netherlands

06-Jul-12 01:31


Netherlands based Profundo Economic Research Director Jan Willem van Gelder talks about the long term implications of Felda (Bloomberg ticker: FGVH MK) being listed. The consultancy had issued an AVOID call on the stock in mid-June, which stays despite Felda's strong performance since its debut. Other matters discussed included:

- Felda's dependency on political linkages, and impact of upcoming elections

- meeting RSPO's triple PPP bottomline - planet, profits, people

- balancing profitability vs social objectives 

- Felda's replanting plans

- what it would take for Profundo to give a more bullish rating for this stock

 

Tags: , Commodities, Agribusiness, Economy, Markets

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