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Wilmar - Watch for a Strong Rally to Come! Post Reply Rate topic
noslen Veteran	27-Jun-2019 12:15        noslen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes but i think if there's too much expectation, the price would probably be much higher than now. The increase has been gradual but thought that's the trait of this share. I thought the restructuring of its businesses is to move away from the dependency on commodities has also made its exposure to the fluctuation of commodity prices to have lesser impact? But i may be wrong though. I let go 50% of my holding and wouldn't mind holding the other half just to see how it will unfold. FATABA      ( Date: 27-Jun-2019 10:16) Posted: From 7th Jun ....it run up has slowed much .....jus take 3.58....3.62 today .....Has everyone having  too much expectation on   the China listing ? or is Wilmar doing very well w its commodity ( actualy suger etc are down ) Dyodd. noslen      ( Date: 07-Jun-2019 13:58) Posted: Yeah that's how it looks like now, battle of two camps. Anyway i was out at 3.58 previously and back in again at 3.2
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FreedomAngelz Veteran	27-Jun-2019 10:29        FreedomAngelz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exited Wilmar at 3.64. Market might react strongly to G20 outcome.
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FATABA Supreme	27-Jun-2019 10:16        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	From 7th Jun ....it run up has slowed much .....jus take 3.58....3.62 today .....Has everyone having  too much expectation on   the China listing ? or is Wilmar doing very well w its commodity ( actualy suger etc are down ) Dyodd. noslen      ( Date: 07-Jun-2019 13:58) Posted: Yeah that's how it looks like now, battle of two camps. Anyway i was out at 3.58 previously and back in again at 3.28 FATABA      ( Date: 07-Jun-2019 13:39) Posted: Seem like there are 2 camps fighting it out on Wilmar. US China trade will greatly affect this counter due to its large market share inside China. EU ban on palm oil usage in some counties will also affect it . Look like listing maybe postpone w trade issue /China stk mkt greatly affected. DYOD
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noslen Veteran	27-Jun-2019 09:57        noslen About Contact  Quote this Post!
x 0   x 0  Alert Admin	A few more steps to its 52 weeks high..... let's see if it can break.
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SgYuan Supreme	26-Jun-2019 22:02        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	px hit 326 and uturn - on steroids now ew w0 326 w1 351 w2 344 w3? w1 25 w3 40 tgt 384 - px hit 366 - no sign of ext ew - not sure it can continue SgYuan      ( Date: 29-May-2019 19:26) Posted: follow ew quite well w0 315 w5 369 wabc? wa dn 369 343 delta 26 wb up 343 361 delta 18 wc dn 361 ?335 - px hit low 329 passed gain 54 corr 40 corr 74% - deep correction - 78.6% delta 42 tgt 327 - 88.6% delta 48 tgt 321 There should be a technical rebound mini ew w0 329 w1? w1 - delta 356-329*38.2%=10 - w1 10 tgt 339 w2 6 tgt 333 - this is the most dangerous one - if dont break w3 - if break wc ext ew w5
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noslen Veteran	13-Jun-2019 11:47        noslen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Moving one direction now....
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noslen Veteran	07-Jun-2019 13:58        noslen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yeah that's how it looks like now, battle of two camps. Anyway i was out at 3.58 previously and back in again at 3.28 FATABA      ( Date: 07-Jun-2019 13:39) Posted: Seem like there are 2 camps fighting it out on Wilmar. US China trade will greatly affect this counter due to its large market share inside China. EU ban on palm oil usage in some counties will also affect it . Look like listing maybe postpone w trade issue /China stk mkt greatly affected. DYODD noslen      ( Date: 07-Jun-2019 13:27) Posted: Can't really tell where this counter is heading.... it's like a roller coaster ride now.
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FATABA Supreme	07-Jun-2019 13:39        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Seem like there are 2 camps fighting it out on Wilmar. US China trade will greatly affect this counter due to its large market share inside China. EU ban on palm oil usage in some counties will also affect it . Look like listing maybe postpone w trade issue /China stk mkt greatly affected. DYODD noslen      ( Date: 07-Jun-2019 13:27) Posted: Can't really tell where this counter is heading.... it's like a roller coaster ride now.
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noslen Veteran	07-Jun-2019 13:27        noslen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can't really tell where this counter is heading.... it's like a roller coaster ride now.
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Starship Supreme	03-Jun-2019 19:00        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wilmar unit to form JV with ABF to manufacture yeast and bakery ingredients in China MON, JUN 03, 2019 - 6:15 PM YIHAI Kerry Arawana Holdings, a unit of Mainboard-listed agribusiness Wilmar International, plans to form a 50:50 joint venture with UK-headquartered food giant Associated British Foods (ABF) to manufacture and distribute yeast and bakery ingredients in China. In a bourse filing on Monday, Wilmar announced that Yihai Kerry Arawana and ABF have executed a binding term sheet setting out their intentions for the JV. Headquartered in Shanghai, the JV will acquire the existing Chinese yeast and bakery ingredients business of AB Mauri, a division of ABF. It will also tap on Yihai Kerry Arawana&rsquo s supply chain, sales and distribution network and local market expertise in China. The JV will also build and operate a new yeast plant co-located with Wilmar&rsquo s food processing plant in the Taha industrial zone in Qiqihar City in Heilongjiang province, increasing capacity. In a press release, Wilmar said that the JV will be cost-competitive and &ldquo well positioned to capture growth in both traditional Chinese bakery products and western-style  baked products, consumer demand for which is expanding rapidly&rdquo &ldquo Besides enhancing the range of quality ingredients, this joint venture will enable us to leverage on AB Mauri&rsquo s baking know-how and technology to provide better service to the baking industry in China,&rdquo said Wilmar' s chairman and CEO, Kuok Khoon Hong, in the release. AB Mauri&rsquo s CEO, Cathal Duffy, added: &ldquo This joint venture is a great opportunity to build on the foundation of our yeast and bakery ingredients business in China. The joint venture will leverage AB Mauri&rsquo s baking know-how and technology with Yihai Kerry Arawana&rsquo s extensive route to market, local management expertise and its complementary portfolio of products.&rdquo https://www.businesstimes.com.sg/companies-markets/wilmar-unit-to-form-jv-with-abf-to-manufacture-yeast-and-bakery-ingredients-in
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FATABA Supreme	03-Jun-2019 16:40        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	W China agreement to help reduce ( NOTE ...reduce not clear all ) Msia stock pile of Palm oil ......Msia has got off some load But this is not positive for Wilmar n other oil palm producer as Msia is CONFIRM not going to increase its stock again . Further CHina import will b reduce. I am not certain WIlmar can hold 330 .....time will tell Dyodd
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SgYuan Supreme	29-May-2019 19:26        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	follow ew quite well w0 315 w5 369 wabc? wa dn 369 343 delta 26 wb up 343 361 delta 18 wc dn 361 ?335 - px hit low 329 passed gain 54 corr 40 corr 74% - deep correction - 78.6% delta 42 tgt 327 - 88.6% delta 48 tgt 321 There should be a technical rebound mini ew w0 329 w1? w1 - delta 356-329*38.2%=10 - w1 10 tgt 339 w2 6 tgt 333 - this is the most dangerous one - if dont break w3 - if break wc ext ew w5
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FATABA Supreme	24-May-2019 14:15        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	The future for Palm oil is really unknown.....w EU banning it then more developing countries wld follow ..... China domestic mkt need are alrdy there ....more healthier n richer choice are olive oil. ......further sugar is another issue for WIlmar. W current China trade issue .....I am not surprise to see Wilmar going back to 3/310 range . Dyodd Yangsogood      ( Date: 24-May-2019 10:25) Posted: There is a big domestic market to support Wilmar. So the drop of commodity price may mean low cost price. The oil for cooking is in demand due to tourism
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Yangsogood Senior	24-May-2019 10:25        Yangsogood About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is a big domestic market to support Wilmar. So the drop of commodity price may mean low cost price. The oil for cooking is in demand due to tourism
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FATABA Supreme	16-May-2019 15:23        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	DYodd .....global commodity prices are down ...esp w Palm Oil /EU ban etc issue USA China trade will affect commodities prices even more .......I dont see the light except for one listng in China W current issue will it be delay ?   Starship      ( Date: 16-May-2019 10:57) Posted: This Wilmar looks very resilient in the face of the escalating trade war and the crash in commodities prices. Wonder if it has anything to do with it' s plan to list it' s China assets in 2019 as reported/announced in multiple reports recently:  Report 1: Mr. Kuok Khoon Hong, Chairman and CEO of Wilmar said, &ldquo &ldquo The Group has recently converted its China holding company into a joint-stock company, with a view to a possible separate listing in China. We would like to emphasize that as work on the proposed listing is still in progress, shareholders are advised to exercise caution in trading their shares in the Company. There is no certainty or assurance as at the date of this announcement that the listing proposal will be carried out.&rdquo Report 2: Wilmar China&rsquo s listing on the Shanghai Stock Exchange is expected in the fourth quarter of 2019 and could likely be the largest listed vegetable oil and food ingredient producer in terms of market capitalisation with US$12b-13b at its  initial public offering (IPO), UOB Kay Hian said. Report 3: Wilmar China Listing Expected to Unlock Value Wilmar International reported that it recently converted its China holding company into a joint-stock company and indicated that it planned to list its China operations, which accounted for around 70% of its pre-tax profit in FY18. We expect the potential listing of Wilmar China, likely to take place as early as 2H19, to be a key re-rating catalyst as we believe the listing will unlock value for the group as it may be able to garner up to a max P/E allowed for new listing in Shanghai of 23x and assuming the group offers the minimum 10% new shares during listing. Wilmar China could be worth US$12.5bn to US$21bn, based on 16-23x P/E on estimated FY18 net profit of Wilmar China, against the group&rsquo s current market cap of US$15.5bn. Source: CGS-CIMB Research - 25 Feb 2019
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CheeryVGoh Supreme	16-May-2019 11:35        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	UOB KH (16/05/2019): BUY (Maintained) Share Price S$3.50 Target Price S$3.90 Upside +11.4% Maintain BUY. Target price: S$3.90. WHAT&rsquo S NEW  Good performance is sustainable. Post briefing, we maintain our positive view on Wilmar International (Wilmar). In our opinion, Wilmar&rsquo s good 1Q19 earnings performance is sustainable into 2Q19. Despite small losses in soybean crushing in 1Q19, its oilseeds & grains division was still able to deliver positive contributions (1Q19 PBT of US$91.1m). This is a strong signal to investors that fluctuation in soybean crushing operation does not have as significant impact on its performance as compared with the past, attributable to better and larger contributions from rice & flour and consumer packs in China. Thus, with the recovery of soybean crushing margins and higher utilisation rate for 2Q19, higher contribution is expected from oilseeds & grains division qoq.  Less impact from the recent tariff hike arising from US-China trade negotiation. US and Brazil soybean prices did not have huge a reaction as compared with the first tariff announcement in Jul 18. The price difference between the two countries was only around US$7-8/bushel vs US$90-100/bushel back in 2H18. The main factor contributing to this was the high supply of soybean amid weak demand from China (main soybean consuming country). After the 2H18 experience, Chinese buyers are not in hurry to secure soybean supplies and are waiting patiently for the price to stabilise. There is still ample soybean supply in China, and the soybean crushing sector is also recently undergoing consolidation again, which is allowing Wilmar to capture larger market shares. This is expected to translate into higher utilisation rate and higher sales volume in 2Q19. As such, we are expecting higher qoq contributions from oilseeds & grains.  China IPO on track. Listing of Wilmar China (Yihai) is on track and likely to be listed in 4Q19. The listing submission together with the draft prospectus will then be submitted to China Securities Regulatory Commission (CSRC) sometime in early-3Q19. The final listing date will depend on when this application will be granted by the CSRC. The IPO proceeds will be fully utilised to fund its expansion in China and free up cashflow to declare special dividend to Wilmar&rsquo s shareholders. KEY FINANCIALS Year to 31 Dec (US$m) 2017 2018 2019F 2020F
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Starship Supreme	16-May-2019 10:57        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	This Wilmar looks very resilient in the face of the escalating trade war and the crash in commodities prices. Wonder if it has anything to do with it' s plan to list it' s China assets in 2019 as reported/announced in multiple reports recently:  Report 1: Mr. Kuok Khoon Hong, Chairman and CEO of Wilmar said, &ldquo &ldquo The Group has recently converted its China holding company into a joint-stock company, with a view to a possible separate listing in China. We would like to emphasize that as work on the proposed listing is still in progress, shareholders are advised to exercise caution in trading their shares in the Company. There is no certainty or assurance as at the date of this announcement that the listing proposal will be carried out.&rdquo Report 2: Wilmar China&rsquo s listing on the Shanghai Stock Exchange is expected in the fourth quarter of 2019 and could likely be the largest listed vegetable oil and food ingredient producer in terms of market capitalisation with US$12b-13b at its  initial public offering (IPO), UOB Kay Hian said. Report 3: Wilmar China Listing Expected to Unlock Value Wilmar International reported that it recently converted its China holding company into a joint-stock company and indicated that it planned to list its China operations, which accounted for around 70% of its pre-tax profit in FY18. We expect the potential listing of Wilmar China, likely to take place as early as 2H19, to be a key re-rating catalyst as we believe the listing will unlock value for the group as it may be able to garner up to a max P/E allowed for new listing in Shanghai of 23x and assuming the group offers the minimum 10% new shares during listing. Wilmar China could be worth US$12.5bn to US$21bn, based on 16-23x P/E on estimated FY18 net profit of Wilmar China, against the group&rsquo s current market cap of US$15.5bn. Source: CGS-CIMB Research - 25 Feb 2019
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FATABA Supreme	13-May-2019 09:45        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Every one drops ....Wilmar is still strong n up ....any reasons ??
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Starship Supreme	11-May-2019 15:11        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wilmar Q1 net profit up 26.4%, led by tropical oils, consumer products FRI, MAY 10, 2019 - 6:20 PM AGRI giant Wilmar International on Friday posted a 26.4 per cent rise in net profit to US$257 million for the first quarter from a restated US$203 million a year ago, buoyed by a better showing in the tropical oils and sugar segments as well as volume growth in the consumer products business. The results came despite losses recorded by the group' s discontinued operations in Brazil. Lower commodity prices over the three months to March drove revenue lower by 6.2 per cent to US$10.4 billion from US$11.1 billion. Net profit excluding discontinued operations jumped 32.7 per cent to US$270 million from US$203 million. Earnings per share came in at 4.1 US cents versus 3.2 US cents a year ago. Wilmar described its latest quarterly performance as a " reasonably good set of results" given the tough operating environment, adding that most of its businesses are doing reasonably well except sugar milling and palm plantation. It also said that it expects crushing margins to improve in the second quarter. https://www.businesstimes.com.sg/companies-markets/wilmar-q1-net-profit-up-264-led-by-tropical-oils-consumer-products-segments
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ipolaris Senior	10-May-2019 21:18        ipolaris About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wilmar: 1Q2019 Net Profit Improves 26% To US$257 Million, Core Net Earnings Increases 36% To US$250 Million.
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