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Wilmar International
Investing ideas
Can Wilmar's China IPO mitigate the negative impact of African Swine Fever?
SINGAPORE (Aug 21): The African Swine Fever is spreading fast among the pig population in Asia and showing no signs of abating.
August 21, 2019
Investing ideas
Wilmar's YKA Shenzhen listing to raise visibility of China business
SINGAPORE (July 16): The Arawana brand of cooking oil in China -- with its large Chinese characters “Jin Long Yu” in gold and distinctive image of the popular tropical aquarium fish – is well known and trusted by housewives from Shanghai to Shenzhen
July 16, 2019
Commodities
Wilmar eyes China soy expansion as fever kills hogs
(June 12): Wilmar International, one of the world’s largest food producers, is planning to boost its soybean crushing capacity in China even as a deadly pig-killing virus cuts demand for animal feed.
June 12, 2019
Broker's Calls
Strong margins & China listing to support Wilmar's share price after a decent 1Q, say analysts
SINGAPORE (May 17): RHB Research and UOB Kay Hian are maintaining their “buy” calls on Wilmar International with target prices of $3.94 and $3.90, respectively, while OCBC Investment Research keeps its “hold” call on the stock with a higher $3.66
May 17, 2019
Broker's Calls
Wilmar off to a good start amid tough environment, say analysts
SINGAPORE (May 13): Analysts are upbeat on Wilmar International after it posted a 26% y-o-y rise in 1Q19 earnings to US$257.0 million ($350.5 million).
May 13, 2019
Results
Wilmar posts 26% rise in 1Q earnings to $351 mil on improvements in tropical oils and sugar segments
SINGAPORE (May 10): Wilmar International reported 1Q19 earnings came in at US$257.0 million ($350.5 million), 26.4% higher than the US$203.3 million recorded in 1Q18.
May 10, 2019
In print this week
SPH opts for higher-yielding properties; PREH to report 1QFY2019 loss as cash flow remains in the red
SINGAPORE (May 6): On April 22, Singapore Press Holdings announced it had entered into an agreement to sell its stake in the retail podium and four office strata units (Chinatown Point mall) at the Chinatown Point integrated development in Singapore’s C
May 06, 2019
Commentary
Misdirected moral outrage pushes palm oil industry into unsustainable corner
SINGAPORE (Apr 29): British supermarket chain Iceland fired up controversy last year when it pledged to say no to palm oil, with the view that the commodity was contributing to deforestation in Asia. The supermarket said that, by end-2018, all of its hous
April 29, 2019
In print this week
The palm oil complex
Consumers and investors in Europe want the palm oil industry to be sustainable. It comes with a cost that is likely to be paid by the oil’s biggest market — Asia. In this first of a two-parter on the industry, we look at the complexities of certificat
April 29, 2019
Broker's Calls
CPO planters kept at 'market weight' on stronger biodiesel demand from Indonesia, Malaysia: UOB
SINGAPORE (Apr 8): Indonesia and Malaysia plans to boost biodiesel mandates for domestic consumption to blunt the impact from unfavourable trade barriers on palm oil.
April 08, 2019