Wilmar International

Broker's Calls

Analysts remain optimistic as Wilmar beats results forecasts, forges ahead with China listing plan

SINGAPORE (Feb 23): Although the ongoing Covid-19 virus has posed challenges for companies in almost all industries, Wilmar International appears to be in a strong place for the long-term. 

Results

Wilmar reports 120% surge in 4Q earnings to US$438 mil, proposes record-high dividend for FY2019

SINGAPORE (Feb 20): Wilmar International, Asia’s leading agribusiness group, reported earnings of US$438.4 million ($613.7 million) for 4QFY0219 ended December, a 120% increase from earnings of US$

Investing ideas

Plunge in CPO prices presents opportunity to accumulate palm oil stocks: CGS-CIMB

SINGAPORE (Jan 29): While upstream palm oil players are most affected by the volatility in crude palm oil (CPO) prices, CGS-CIMB Research reckons that the recent correction presents an opportunity

Investing ideas

Credit Suisse's bottom up top picks for 2020: SingTel, ST Engineering, Wilmar and CDL

SINGAPORE (Jan 23): On Jan 8, when investors were spooked by the assassination of an Iranian general by the US, most Singapore stocks turned red.

Insider moves

Kimly's independent director raises stake while Wilmar's ID pares stake

SINGAPORE (Jan 17): Danny Lim, an independent director of Kimly Holdings, has increased his stake in the coffeeshop chain operator.

Broker's Calls

6 large-cap stocks to look out for amid a broad-based earnings recovery: RHB

SINGAPORE (Dec 24): Although macroeconomic uncertainties remain, RHB Research remains optimistic on a “broad-based earnings recovery” which will see all sectors report y-o-y earnings growth. 

Broker's Calls

Reasons to cash in on plantation stocks amid an industry turnaround: RHB

SINGAPORE (Dec 23): For those looking to cash in on plantation stocks, it’s now or never.

PLANTATIONS

Sector stocks stage a comeback; brighter days ahead as palm oil prices pick up

SINGAPORE (Dec 20): The palm oil industry this past year endured its fair share of turbulent times on the back of weak commodity prices, bad weather and dry spells in key markets such as Indonesia.

IPO

Wilmar eyes regulators' nod for China IPO in early 2020

(Nov 21): Singapore agribusiness Wilmar International hopes to receive regulatory approval early next year for the initial public offering of its China business, Yihai Kerry Arawana Holdings (YKA),

Investing ideas

Analysts remain upbeat as Wilmar crushes 3Q results

SINGAPORE (Nov 14): Analysts are upbeat and bullish on Wilmar International after the agribusiness group posted a 10% y-o-y increase in 3Q19 earnings to US$447.1 million ($608 million).

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