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Share upside as plantation stocks draw attention on earnings, dividends

Share upside as plantation stocks draw attention on earnings, dividends

Ta Ann Holdings Bhd has emerged as the most attractive plantation stock in terms of potential share-price gains, with a target price of RM8.55 implying a 50.5 per cent upside. This is due to improving production, earnings prospects, and dividend yields, which are attracting investment interest in the sector. PublicInvest has named Ta Ann, Genting Plantations Bhd, SD Guthrie Bhd, and Sarawak Plantation Bhd as Outperform picks, while maintaining Neutral calls on IOI Corp Bhd and Kuala Lumpur Kepong Bhd (KLK).

Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

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