Wilmar International (WIL)

Tech

Lessons from Bernie Ebbers' acquisitions spree

SINGAPORE (Feb 14): The former WorldCom CEO Bernie Ebbers, who died at the age of 78 this month, started life as a basketball coach.

Investing ideas

3 top plantation picks to harvest as palm oil stages rebound: DBS

SINGAPORE (Dec 10): The storm looks to have blown over for palm oil players.

Singapore economy

Singapore's economic growth may be bottoming out, Citi says

SINGAPORE (Nov 19): Singapore’s corporate earnings and economic growth may be bottoming out as cyclical indicators such as electronics exports show a slower pace of declines, according to Citigroup

Results

Wilmar reports 52.3% fall in 2Q19 earnings to US$151 mil on lower crush margin

SINGAPORE (Aug 13): Wilmar International reported a 52.3% decrease in net profit from continuing operations to nearly US$150.9 million ($209.5 million) for 2Q19 ended June from US$316.4 million in

Right Timing

STI retests April high; breakout difficult

SINGAPORE (July 19): The Straits Times Index is at its highest level since it peaked on Apr 4 at 3,407.

IPO

Wilmar says listing of China ops accepted by regulator but waiting for approval

SINGAPORE (July 12): Wilmar International says the application for the listing of its operations in China on the Shenzhen Stock Exchange has been accepted.

Broker's Calls

Wilmar started at ‘buy’ by Maybank KimEng as safe haven stock

SINGAPORE (July 1): Wilmar International offers safe haven against uncertainty from the US-China trade war, given the group’s exposure to essential food categories, says Maybank KimEng.

Broker's Calls

Wilmar kept at 'buy' by UOB as China ops takes a step closer to listing

SINGAPORE (June 20): UOB KayHian is maintaining Wilmar International at “buy” after its China operations took another step closer to a spinoff and A-share listing in the fourth quarter.

Broker's Calls

Plantations kept at 'market weight' by UOB with Wilmar and Bumitama top picks

SINGAPORE (May 29): UOB Kay Hian says 1Q19 was another weak quarter of earnings for plantation companies largely due to subdued palm and palm kernel oil prices.

In print this week

As El Niño approaches, plantation stocks rally, but is there any value left for retail investors?

SINGAPORE (Apr 29); Before the welcome relief in the form of thunderstorms towards the end of April this year, the weather was hot and dry.

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