KUALA LUMPUR: Affin Research is maintaining its “Reduce” rating of Kuala Lumpur Kepong Bhd
with a target price of RM19.46 on its good management and operational strength, despite the still weak crude palm oil average selling price (CPO ASP).
It said the weaker CPO ASP and fresh fruit bunches production are expected to cap its third quarter 2013 performance in its plantation division.
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