Golden traded at 0.30 this Thursday April 2nd. Looking back, over the last four weeks, Golden lost 3.45 percent. Over the last 12 months, its price rose by 15.38 percent. Looking ahead, we forecast Golden to be priced at 0.29 by the end of this quarter and at 0.27 in one year, according to Trading Economics global macro models projections and analysts expectations.
Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged as an investment holding company. Its primary activities include cultivating and harvesting oil palm trees, processing fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), refining CPO into industrial and consumer products, as well as merchandising palm products across the world. It operates through four segments: plantation and palm oil mills, palm and laurics, oilseeds and others. The plantation and palm oil mills segment consists of the products from upstream business. The palm and laurics segment consists of the processing and merchandising of palm-based products, such as bulk and branded, as well as oleo chemicals. The oilseeds segment consists of the processing and merchandising of oilseeds-based products, such as bulk and branded, and the others segment consists of the production and distribution of food and consumer products in China and Indonesia.