DJ MARKET TALK: Take Profits On Wilmar, Straits Asia -DBS Vickers

[Dow Jones] Investors should consider booking gains in some Singapore palm oil and commodity plays after their recent run up, says DBS Vickers strategist Yeo Kee Yan. Broker says plantation stock Wilmar (F34.SG) is now trading close to fair value, advises investors to exit stock. Adds, First Resources (EB5.SG) is preferred Singapore palm oil play as valuation still looks very attractive. Strategist says coal miner Straits Asia Resources (AJ1.SG) also now looking stretched with stock trading above fair value, suggests investors book profits. Wilmar down 2.0% at S$5.45, First Resources +3.4% at S$1.21, Straits Asia +1.2% at S$4.14.