Horizon.my

Sime Darby 2008 financials have now been updated in our database – their first set of numbers since the mega merger between Sime, Golden Hope and Kumpulan Guthrie.

http://www.horizon.my/investor/details.php?counter=sime

Their Net Cash pile has gone down a bit, but still sitting pretty at RM1.2 billion.

As a side note, RHB Research has updated their Plantation sector report today. They are still negative over the sector and Sime’s EPS for FY09 has been pegged at 38.5 sen. It expects crude oil prices to weaken further thereby impacting CPO prices as well.