Yihai Kerry Arawana Holdings Co (YKA)

Investing ideas

Wilmar’s 1Q lifted by one-offs but analysts see better prospects

All analysts featured here have given "add" or "buy" calls on Wilmar.
Analysts peg Wilmar's fair value at over $6 on strong FY20 performance - THE EDGE SINGAPORE

Broker's Calls

Analysts peg Wilmar's fair value at over $6 on strong FY20 performance

The analysts from CGS-CIMB, OCBC and RHB also see Wilmar as undervalued compared to the valuations of its subsidiary, YKA.

Agriculture / Hotels / Restaurants

Green shoots emerging from the ashes of Covid-19 in palm oil sector

While plantation stocks are typically strongly correlated with CPO, only Wilmar International’s share price has a meaningful gain.
Wilmar subsidiary IPO shares to commence trading on Oct 15 - THE EDGE SINGAPORE

IPO

Wilmar subsidiary IPO shares to commence trading on Oct 15

Accordingly, YKA has become a 89.99%-owned subsidiary of Wilmar.

Wilmar chairman Kuok buys shares ahead of China unit's IPO

Insider moves for Issue 953 (week of Oct 5): Wilmar International and Trek 2000 International

Broker's Calls

Wilmar's share price offers cheaper, more liquid entry to YKA, says CGS-CIMB

Key downsides to the stock include the potential delay or termination to YKA’s IPO and weaker-than-expected crushing margins.
Wilmar subsidiary to IPO at issue price of $5.16; expects to raise $2.79 bil - THE EDGE SINGAPORE

IPO

Wilmar subsidiary to IPO at issue price of $5.16; expects to raise $2.79 bil

The price translates to a price-to-earnings multiple of 31.12x.

Broker's Calls

Analysts cheer for Wilmar as China listing is a go

Analysts cheer for Wilmar as its China listing finally gets the green light

Company in the news

Wilmar’s China IPO is still 'on track'

Shares in Wilmar closed 16 cents lower, or 3.7% down at $4.17 on September 10.

Company in the news

Wilmar International subsidiary meets listing and disclosure requirements; one step closer to China listing

Shares in Wilmar closed 2 cents lower, or 0.4% down, at $4.79 on August 6 prior to the announcement.
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