Wilmar Intl    Last:3.35   -

Quarterly Result

3.15 - 3.25 range play since 2014.   Good consistent income. :)

 

By Yimie Yong  / theedgemarkets.com   | May 7, 2015 : 6:10 PM MYT     

SINGAPORE (May 7): Agribusiness group Wilmar International saw its 1Q15 earnings jump 49.1% to US$241.2 million ($320.8 million) from US$161.8 million a year ago.

The group&rsquo s core net profit (excluding non-operating items) grew 22.7% to US$263.32 million in 1Q15 compared to US$214.57 million in 1Q2014.

Revenue in 1Q, however, fell 8.3% to US$9.41 billion from US$10.27 billion a year earlier due to lower commodity prices.

In its SGX filing, Wilmar said the higher net profit in 1Q15 was led by its strong performance from oilseeds and grains (manufacturing and consumer products) as well as higher contributions from associates.

However, tropical oils (plantation and manufacturing) and sugar (merchandising, manufacturing and consumer products) saw weaker performances in 1Q2015, amid tougher operating conditions in their respective markets.

As at March 31, 2015, total assets stood at US$42.77 billion while shareholders&rsquo funds was US$15.47 billion. Net gearing ratio improved to 0.73 times from 0.78 times in Dec 31, 2014.

Commenting on its prospects, Kuok Khoon Hong, Wilmar chairman and chief executive officer, said crush margins are expected to remain positive going into mid of 2015 while consumer products will continue to grow globally with reasonable margins.

&ldquo Although operating conditions for tropical oils will remain challenging, we believe we will be able to overcome the current difficult environment, especially if the Indonesian government implements its proposed support policy for biodiesel. Overall, we are cautiously optimistic that second quarter performance will be satisfactory,&rdquo he added.

Wilmar closed 2 cents higher at $3.19 today.

 

 

 

 

no one can control the  stock mkt. soon it will move up..

whitecoffee      ( Date: 10-Dec-2012 09:16) Posted: got a invisible hand to suppress it so it is not going up  beyond  3.2....

 

got a invisible hand to suppress it so it is not going up  beyond  3.2....

 

okay, be patient for a bit longer, probably the right thing to do.

 

character building time: be patient, be patient, be patient ...  

 

breaking out of 3.23 it may be a start of rally upwards..

skk888      ( Date: 07-Dec-2012 09:29) Posted: be patient.. it will come  but this range not really narrow leh.. enough to earn quite some good money..  guoyanyunyan      ( Date: 07-Dec-2012 09:16) Posted: Wilmar ding dong between 3.10 and 3.22 few times already. Moving in such a narrow range, really testing my patient.

 

be patient.. it will come 

but this range not really narrow leh.. enough to earn quite some good money.. 

guoyanyunyan      ( Date: 07-Dec-2012 09:16) Posted: Wilmar ding dong between 3.10 and 3.22 few times already. Moving in such a narrow range, really testing my patient.

 

Wilmar ding dong between 3.10 and 3.22 few times already. Moving in such a narrow range, really testing my patient. 

 

Wilmar's dividend yield is 1.63% at today's price.  Are you guys serious?  

 

bought in end of Nov at 3.2, hope to reap some profits in Dec, what you guys think? possible?

 

Bottom of the sea:)

New123      ( Date: 03-Dec-2012 13:41) Posted: Wilmar Outperform (S$3.19) quote - CIMB upgrades Wilmar to Outperform from Neutral and raises its target price to S$3.90 from S$3.52, noting that Wilmar’s recent share buybacks and major shareholders’ share purchases suggest the stock may have bottomed, while the stock’s poor showing this year is an over-reaction to its poor earnings visibility

 

I'm back into wilmar! 3.15 :-)

New123, are u in? 

 

Wilmar

Outperform (S$3.19) quote -

CIMB upgrades Wilmar to Outperform from

Neutral and raises its target price to S$3.90

from S$3.52, noting that Wilmar’s recent

share buybacks and major shareholders’ share

purchases suggest the stock may have bottomed,

while the stock’s poor showing this

year is an over-reaction to its poor earnings

visibility

 

i think is gd to consider to buy when it breakout 3.26 decisively..

skk888      ( Date: 03-Dec-2012 10:17) Posted: Closed at 3.22, seems like 3.23 is the resistance to cross. Will re-enter in short term to catch the china recovery. Btw for the prices of oil in china, they have a price ceiling as part of china's control on inflation. If inflation is low, which is right now still, they are incline to give more room to increase price.

 

Closed at 3.22, seems like 3.23 is the resistance to cross. Will re-enter in short term to catch the china recovery.

Btw for the prices of oil in china, they have a price ceiling as part of china's control on inflation. If inflation is low, which is right now still, they are incline to give more room to increase price.

 

When the selling price of their oil is sky high, that's when Wilmar is at 7.20. You should be selling!

ynnek1267      ( Date: 01-Dec-2012 14:54) Posted: Hope so. Wilmar brand of oil is 金 龙 鱼 . I search recently, the selling price is dropping. 4Q 2011, wilmar report loss in soybean crushing due to high competitive and negative crushing margin. Now, 4Q crushing margin drop even lower than 2011 4Q. The profit from high palm oil CPO price cover the loss from soybean in 2011. But this time palm oil price also drop heavily due to excess of capacity. Wilmar share price doesn't go up in this 2 week rally, Insider shall know sometimes. Not so positive to wilmar. skk888      ( Date: 01-Dec-2012 14:23) Posted: I forgot which brokerage house made the recent comment. 30% of wilmar's business is in refinery, so the excess supply is actually good for them as they have higher negotiation power for lower price of raw materials (though Wilmar also owns part of Bumitama). Latest china PMI data is going to help in Wilmar in coming days. Let's see how the market moves, but short term positive IMHO.

 

 

when ppl is fearful or negative is good time to Buy .

 

Forget to feed the fish:)

ynnek1267      ( Date: 01-Dec-2012 14:54) Posted: Hope so. Wilmar brand of oil is 金 龙 鱼 . I search recently, the selling price is dropping. 4Q 2011, wilmar report loss in soybean crushing due to high competitive and negative crushing margin. Now, 4Q crushing margin drop even lower than 2011 4Q. The profit from high palm oil CPO price cover the loss from soybean in 2011. But this time palm oil price also drop heavily due to excess of capacity. Wilmar share price doesn't go up in this 2 week rally, Insider shall know sometimes. Not so positive to wilmar. skk888      ( Date: 01-Dec-2012 14:23) Posted: I forgot which brokerage house made the recent comment. 30% of wilmar's business is in refinery, so the excess supply is actually good for them as they have higher negotiation power for lower price of raw materials (though Wilmar also owns part of Bumitama). Latest china PMI data is going to help in Wilmar in coming days. Let's see how the market moves, but short term positive IMHO.

 

Hope so. Wilmar brand of oil is 金 龙 鱼 . I search recently, the selling price is dropping.

4Q 2011, wilmar report loss in soybean crushing due to high competitive and negative crushing margin. Now, 4Q crushing margin drop even lower than 2011 4Q. The profit from high palm oil CPO price cover the loss from soybean in 2011. But this time palm oil price also drop heavily due to excess of capacity.

Wilmar share price doesn't go up in this 2 week rally, Insider shall know sometimes.

Not so positive to wilmar.

skk888      ( Date: 01-Dec-2012 14:23) Posted: I forgot which brokerage house made the recent comment. 30% of wilmar's business is in refinery, so the excess supply is actually good for them as they have higher negotiation power for lower price of raw materials (though Wilmar also owns part of Bumitama). Latest china PMI data is going to help in Wilmar in coming days. Let's see how the market moves, but short term positive IMHO.