Domestic CPO Price RecoveryBAL has exposure to Indonesia’s domestic CPO price trend, which is poised to recover due to recovering demand and limited supply outlook driven by El Nino.
Earnings GrowthBAL enjoys prime age cycle with decent selling price, which translate into earnings growth.
Supply OutlookBumitama (BAL) is one of the few palm oil companies that is poised to benefit amid a tight CPO supply outlook from a limited palm oil estate expansion and rejuvenation in Indonesia.