Wilmar International

SINGAPORE (Feb 22): RHB Research is keeping Wilmar International as its top plantation sector and country pick despite a tough 4Q18.

SINGAPORE (Feb 21): Wilmar International saw its earnings fall 52.9% to US$200.9 million ($271.5 million) for the 4Q18 ended December, from US$426.7 million a year ago.

SINGAPORE (Jan 25): The Straits Times Index looks set to challenge and perhaps break out above resistance and its 200-day moving average at 3,245. Volume has expanded, and quarterly momentum looks able to move up into a vertical rise.

SINGAPORE (Jan 10): RHB Research is keeping Wilmar International as its “top pick” for exposure to the plantation sector despite an unexciting year ahead for CPO prices.

SINGAPORE (Dec 11): Wilmar International last week signed a joint statement with Aidenvironment Asia, a not-for-profit consultancy in the field of sustainable production and trade, to reaffirm its commitment to “break the link between oil palm cultivati

SINGAPORE (Dec 10): RHB Research expects top pick Wilmar to continue to outperform its peers in the plantation sector in FY19F given its diversified portfolio and downstream exposure should enable the group to mitigate the fall in CPO prices.

SINGAPORE (Dec 6): CGS-CIMB Securities is maintaining “neutral” on the Asean agribusiness sector as Indonesia revises its export levies on palm oil and its derivative products, following a drop in crude palm oil (CPO) prices.

SINGAPORE (Nov 28): Wilmar, the largest palm oil processor in the world, has appeared in the “danger zone” of Exotix Capital’s cashflow stress test.

SINGAPORE (Nov 18): OCBC Investment Research is downgrading Wilmar International to “hold” after warning uncertainty over soybean crushing margins may grow as the trade dispute between the US and China becomes more prolonged.

SINGAPORE (Nov 15): RHB Research is maintaining Wilmar International at “buy” with $3.59 target after 3Q18 results came in well ahead of expectations.