RHB Securities: Eagle High earnings to rebound

KUALA LUMPUR: PT Eagle High Plantations’ potential earnings rise and Felda’s acquisition could be a catalyst for unlocking the Indonesian firm’s share price, said PT RHB Securities Indonesia.
In a research report titled “Flying High Like An Eagle”, RHB Securities said the company’s favourable tree age profile should be a key driver for sizeable palm oil production growth in the years ahead.
“The current crude palm oil price level should enable Eagle Hig