Sawit Sumbermas (SSMS IJ): Well managed plantations

Sawit Sumbermas (SSMS IJ)
BUY / TP: IDR:1,720 (+30.8%)
Analyst: Research Team

Well managed plantations
• Mid-sized CPO jewel
• Excellent operations translate to sound monetization
• Favourable CPO price
• Initiated with a BUY recommendation