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Wilmar International
Investing ideas
Credit Suisse's bottom up top picks for 2020: SingTel, ST Engineering, Wilmar and CDL
On Jan 8, when investors were spooked by the assassination of an Iranian general by the US, most Singapore stocks turned red. Among the key heavyweight counters, ST Engineering was the standout, closing higher that day instead.
January 23, 2020
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.
January 17, 2020
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.
December 26, 2019
Broker's Calls
Reasons to cash in on plantation stocks amid an industry turnaround: RHB
SINGAPORE (Dec 23): For those looking to cash into plantation stocks, it’s now or never.Crude palm oil prices are on the upswing – it climbed to a high of RM 2,665 per tonne by end November due to lower palm oil inventory.While the spike is go
December 23, 2019
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. The industry also faced headwinds from unfavourable new r
December 20, 2019
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), it said on Thursday.
November 21, 2019
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).
November 14, 2019
Results
Wilmar reports 10% rise in 3Q earnings to US$447 mil on better performance across all core segments
SINGAPORE (Nov 12): Wilmar International, Asia’s leading agribusiness group, reported a 10% y-o-y increase in 3Q19 earnings ended Sept to US$447.1 million ($608 million).
November 12, 2019
Broker's Calls
A better 2H expected for Wilmar but uncertainties still loom
SINGAPORE (Oct 9): Maybank Kim Eng is keeping its “hold” recommendation on agribusiness giant Wilmar International with a target price of $3.89.
October 09, 2019
Investing ideas
3 reasons why the worst could be over for Wilmar
SINGAPORE (Sept 13): Agribusiness group Wilmar International found itself crushed in 2Q19 by the African swine fever outbreak, which hit demand for soybeans.
September 13, 2019