# First Resources Ltd - CIMB Research 2018-02-27: Special Dividend Offers Additional Catalyst | SG Investors.io

> CIMB Research maintained an ADD rating on First Resources with a lower target price of S$2.03 after cutting earnings forecasts. The company's final FY17 core net profit rose 21% year on year, but fourth-quarter profit fell 23% on lower CPO and PK prices. A special dividend lifted total FY17 dividends per share to S$0.068.

- Date: 2018-03-01 · published 2018-03-01T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/10368-first-resources-ltd-cimb-research-2018-02-27-special-dividend-offers-additional
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The report reflects weaker plantation earnings from lower realised palm oil prices in late 2017. It is company-specific and has limited direct effect on feed commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-01-11 | [Regional Plantation Companies - DBS Research 2021-01-11: Starting 2021 With Low Stock Level \| SG Investors.io](https://feedsoft.ai/events/49043-regional-plantation-companies-dbs-research-2021-01-11-starting-2021-with-low.md) | -6.2% | -12.3% |
| PALMOIL | 2020-09-13 | [Regional Plantation Companies - DBS Research 2020-09-13: Supply-Driven Price Buoyancy \| SG Investors.io](https://feedsoft.ai/events/51010-regional-plantation-companies-dbs-research-2020-09-13-supply-driven-price.md) | +5.7% | +2.2% |
| PALMOIL | 2018-12-10 | [Regional Plantations - Maybank Kim Eng 2018-12-10: Stockpile At New Record High Of 3-Mil MT \| SG Investors.io](https://feedsoft.ai/events/61661-regional-plantations-maybank-kim-eng-2018-12-10-stockpile-at-new-record-high-of.md) | +2.0% | +10.1% |
| PALMOIL | 2019-01-11 | [Regional Plantations - Maybank Kim Eng 2019-01-11: Brighter Months Ahead \| SG Investors.io](https://feedsoft.ai/events/60984-regional-plantations-maybank-kim-eng-2019-01-11-brighter-months-ahead-sg.md) | +0.6% | +6.8% |
| PALMOIL | 2019-01-03 | [Plantation – Regional - UOB Kay Hian 2019-01-03: Going Through A Slow Recovery \| SG Investors.io](https://feedsoft.ai/events/5587-plantation-regional-uob-kay-hian-2019-01-03-going-through-a-slow-recovery-sg.md) | +1.1% | +2.9% |

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2018/03/first-resources-ltd-cimb-research-2018-02-27.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.