Broker's Calls
RHB remains cautious of the plantation sector but names Wilmar a counter to look out for
SINGAPORE (July 22): Africa, India and Pakistan – key crop producing nations – have been facing their worst locust attacks following the heavy rains there since Cyclones Mekunu and Luban hit in 201
Broker's Calls
Wilmar a top pick of analysts as threat of Malaysia CPO inventory glut reduces
SINGAPORE (July 13): As the threat of an excessive Malaysian crude palm oil (CPO) inventory has reduced further, Wilmar International is one of the plantation stocks favoured by analysts to outperf
Broker's Calls
Wilmar's upcoming China listing expected to gain strong investor interest
SINGAPORE (July 2): DBS Group Research continues to rate Wilmar International a “buy” and back to its target price of $4.60, as in its previous report on Wilmar, DBS cut its $4.60 target price to $
Investing ideas
UOB, CDL, Wilmar, AREIT, Netlink Trust top bets for Morgan Stanley
SINGAPORE (June 26): Singapore’s economy is seen to undergo a “sustained” rebound and that bodes well for certain cyclical recovery plays in key sectors, says Morgan Stanley analysts Wilson Ng and
Broker's Calls
Wilmar a 'buy' as it is one step closer to its China IPO
SINGAPORE (June 24): RHB Group Research is reiterating its “buy” call on Wilmar International with a new target price of $4.87 from $4.83 previously, as it is one step closer to its China listing.
Broker's Calls
Retail REITs, retail and transport stocks poised to benefit from circuit breaker exit: DBS
SINGAPORE (June 1): As Singapore begins to ease the circuit breaker (CB) measures starting with Phase 1 on June 2, several stocks and real estate investment trusts (REITs) could emerge as beneficia
Broker's Calls
Analysts: Downstream palm oil operators to benefit from Indonesia’s additional B30 funding
SINGAPORE (May 19): Following the recent announcement of renewed government funding for Indonesia’s B30 Biodiesel programme, CGS-CIMB analysts Ivy Ng and Nagulan Ravi have maintained their “neutral
Broker's Calls
933 Brokers' Digest
Wilmar International
Price targets:
CGS-CIMB ADD $4.58
RHB BUY $4.83
UOB KAY HIAN BUY $4
Broker's Calls
Wilmar poised to thrive on resilient earnings, upcoming China listing plan: CGS-CIMB
SINGAPORE (May 12): CGS-CIMB is reiterating its “add” call on Wilmar International with an unchanged target price of $4.58, representing a 29% upside for the counter.
Results
Wilmar posts 12.7% drop in 1Q earnings to $316.7 mil on mark-to-market losses
SINGAPORE (Mar 11): Wilmar International recorded a 12.7% drop in earnings to US$224.3 million (S$316.7 million) for the 1Q2020 ended March, from earnings of $257.0 million a year ago.
