GMG: cocoa exporters in Ivory Coast have been ordered to suspend all cocoa and coffee shipments for a month, wef tmrw to Feb 23, as the political uncertainty in the country continues. GMG may be affected, if the restrictions were to extend to other major export commodities such as rubber…
Separately, investor interest may shift to Thai rubber player, Sri Trang, which will make its dual-listing debut on Friday this wk, given its lower valuations. Sri Trang currently trades at 12.1x trailing P/E in Thailand, vs GMG’s 29.4x.
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