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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. He often urged his employees to act in concert like a baseball team.
February 14, 2020
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.
December 10, 2019
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 Inc. analyst Patrick Yau.
November 19, 2019
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 2Q18 a year ago.
August 13, 2019
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. Quarterly momentum has strengthened at its equilibrium line, and appears poised for an upturn. Short term indicators are falling. Short term stochastic
July 19, 2019
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.
July 12, 2019
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.
July 01, 2019
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.
June 20, 2019
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.
May 29, 2019
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. Meteorologists appear to be forecasting more hot and dry weather for parts of the Indonesian archipelago in the com
April 29, 2019