Sipef SA (SISAF) is an established player in a field that will acquire greater and greater importance in the years ahead. However, its vulnerability to competitors and its negative EPS growth figures, combined with its nosebleed-high valuation, make this palm-oil investment something a prospective investor should steer clear of.
As this is a relatively obscure firm, an introduction is in order. Founded in 1919, Sipef SA is what is classed as an "agro-industrial" firm, one that produces tropical agricultural goods, specifically palm oil products from Indonesia and Papua New Guinea, but also bananas and flowers