|Bid||3.24 x 0|
|Ask||3.25 x 0|
|Day's range||3.22 - 3.25|
|52-week range||2.97 - 3.31|
|Beta (3Y monthly)||0.60|
|PE ratio (TTM)||15.33|
|Earnings date||12 Nov 2018 - 16 Nov 2018|
|Forward dividend & yield||0.10 (3.30%)|
|1y target est||2.58|
SINGAPORE (Nov 12): Wilmar International, the agribusiness group, reported an 10.7% increase in 3Q earnings to US$407.4 million ($564 million) from a year ago. The stronger performance was driven by better results in Tropical Oils and Oilseeds & Grains and supported by higher share of results of affiliates but offset by losses recorded by the group’s discontinued operations in Brazil as part of the newly acquired subsidiary in India, Shree Renuka Sugars. Tropical Oils reported a 93% increase in pretax profit to US$155.5 million in 3Q18, boosted by stronger performance from the manufacturing and merchandising business.
Results from SIA, ST Engineering and CapitaLand, an interest-rate decision by the central bank of Indonesia and Chinese retail sales are some of next week's highlights.
Let's compare the valuations of Thai Beverage Public Company Limited (SGX:Y92), Wilmar International Limited (SGX:F34), and Yeo Hiap Seng Ltd (SGX:Y03).
Greenpeace activists Tuesday scaled storage tanks at an Indonesian palm oil refinery along with a popular rock band which played pro-environment songs, protesting against a commodity found in everything from soap to biscuits. One group of activists also climbed the anchor chain of a tanker transporting palm oil and are preventing it from moving, according to the group. Greenpeace has accused Singapore-listed Wilmar of still being linked to deforestation in Indonesia -- the world's biggest palm oil exporter -- despite committing five years ago to stop logging the archipelago's vast tracts of jungle.
Peter Lim is one of the richest people in Singapore. Here are some takeaways from his press interviews in 2007.
Palm oil is the most versatile edible vegetable oil on the earth. It is used as an ingredient in half of the products you could find in our supermarket. From edible biscuits to personal care or cosmetic products, you can bet that there are traces of palm oil extract. Notwithstanding its applications in consumer products, palm oil is also a renewable resource for biodiesel and biofuel and is a substitution for fossil fuels like crude oil.
Major Singapore plantations, namely Wilmar International, First Resources and Bumitama Agri posted stronger than expected results for 2Q18. The main attributes for the stronger results were the higher downstream margins and higher external fruit intake. This is in contrast with their peers which experienced weaker downstream margins.
SINGAPORE (Reuters) - Singapore-listed commodity trader Wilmar International Ltd posted a five-fold rise in second-quarter net profit, helped by its oilseeds and grains segment that benefited from higher volumes and crush margins.
Singapore's Wilmar International, the world's largest palm oil processor, said it has ceased sourcing from suppliers that are allegedly associated with a company that was accused by Greenpeace of causing deforestation. Greenpeace had accused Gama, a palm oil business set up by Wilmar's co-founder Martua Sitorus and his brother, of causing deforestation in Indonesia. The environmental group said analysis of trade data showed that Wilmar traded palm oil from Gama, despite being aware that Gama was violating Wilmar's No Deforestation, No Peat, No Exploitation (NDPE) policy by clearing rainforest.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. In the past 10 years WilmarRead More...
Company executives, directors and large existing shareholders ramping up shares in a particular company could signal higher confidence in the future outlook of the business. Generally, when insiders buy, theirRead More...
June 8 (Reuters) - Wilmar International Ltd: * OCBC BANK PARTNERS WILMAR ON LARGEST SUSTAINABILITY-LINKED BILATERAL LOAN BY A SINGAPORE BANK * US$200 MILLION FACILITY PEGS INTEREST RATES TO SUSTAINABILITY ...
Following the completion of the acquisition, Nauvu is now a wholly-owned subsidiary of Wilmar. Wilmar International’s subsidiary Wilmar Resources Pte Ltd (WRPL) bought a 50% equity interest in Nauvu Investments ...
Management intends to further expand its businesses in rice, flour and related consumer products. Wilmar is expected to list its Chinese operations by early 2019 after ending the current financial year. According to UOB Kay Hian, the firm is looking to float only 10% of its shares, and then slowly increase the float at a better valuation. UOB Kay Hian analyst Leow Huey Chuen noted that as of end-2017, all of Wilmar’s businesses in China have been restructured under one onshore company in China.
Oilseeds & Grains profit rose to $272.33m thanks to stronger sales. Wilmar International reaped a bountiful harvest in 2017 as its profits grew 25.4% to $1.58b (US$1.2b). According to OCBC Investment Research, ...