Wilmar Intl
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Wilmar - Watch for a Strong Rally to Come!
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depends on what are they cooking....instant noodles no need oil
rayokc ( Date: 09-Nov-2022 17:16) Posted:
the people don' t use oil for cooking. how to grow the business?
tongphlp ( Date: 04-Nov-2022 09:04) Posted:
| SBB 3.93 to stem the plunge. |
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when time is bad, many will make fresh coconut oil for cooking themselves....
never mind...pour into the drains to prevent mosquitoes and dengue..
rayokc ( Date: 09-Nov-2022 17:16) Posted:
the people don' t use oil for cooking. how to grow the business?
tongphlp ( Date: 04-Nov-2022 09:04) Posted:
| SBB 3.93 to stem the plunge. |
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the people don' t use oil for cooking. how to grow the business?
tongphlp ( Date: 04-Nov-2022 09:04) Posted:
SBB 3.93 to stem the plunge..
tongphlp ( Date: 04-Nov-2022 08:56) Posted:
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Wilmar chairman Kuok scoops up shares
https://www.theedgesingapore.com/capital/insider-moves/wilmar-chairman-kuok-scoops-shares-st-engineering-monthly-share-buybacks
SBB 3.93 to stem the plunge..
tongphlp ( Date: 04-Nov-2022 08:56) Posted:
no eyes see
WBdisciple ( Date: 04-Nov-2022 06:24) Posted:
India' s Adani Wilmar profit plunges on cost rise, soft rural demand
THU, NOV 03, 2022 - 6:00 PM
UPDATED THU, NOV 03, 2022 - 6:00 PM
Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore&rsquo s Wilmar Group (above), saw total expenses climb 6 per cent to 141.5 billion rupees, while revenue from operations rose over 4 per cent to 141.5 billion rupees.
PHOTO: BT FILE
INDIA&rsquo S Adani Wilmar reported a 73 per cent slump in second-quarter profit on Thursday (Nov 3), as the Fortune cooking oil maker reeled under dull demand from rural areas and wrestled with industry-wide input cost inflation.
Consolidated net profit for the second quarter ended Sep 30 fell to 487.6 million Indian rupees (S$8.4 million) from 1.82 billion rupees a year ago.
Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore&rsquo s Wilmar Group, saw total expenses climb 6 per cent to 141.5 billion rupees, while revenue from operations rose over 4 per cent to 141.5 billion rupees. The growth pace has been dragged by a decline in mainstay edible oil.
&ldquo In the edible oils segment, the quarter that went by saw multiple challenges in consumer demand, with several macro headwinds in the form of high inflation... delayed monsoon and tepid rural demand,&rdquo Adani Wilmar said in a statement.
Consumer packaged goods makers from Colgate-Palmolive India to Nestle have been hammered by the Covid-19-led rise in cost of raw materials, with the Ukraine war further aggravating it.
Meanwhile, cash-strapped rural households have been opting for cheaper unbranded alternatives commonly sold in mom-and-pop stores, even as branded cooking oil makers such as Adani Wilmar and Saffola brand owner Marico lowered prices.
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Consumer goods companies are now betting on festive demand, easing prices of a few essentials and late revival in monsoon rains in the agriculture-dependent economy to boost sales in the coming months.
Adani Wilmar expects the second half of this fiscal year to be better with a recovery in consumer demand, even in its edible oils business.
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no eyes see
WBdisciple ( Date: 04-Nov-2022 06:24) Posted:
India' s Adani Wilmar profit plunges on cost rise, soft rural demand
THU, NOV 03, 2022 - 6:00 PM
UPDATED THU, NOV 03, 2022 - 6:00 PM
Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore&rsquo s Wilmar Group (above), saw total expenses climb 6 per cent to 141.5 billion rupees, while revenue from operations rose over 4 per cent to 141.5 billion rupees.
PHOTO: BT FILE
INDIA&rsquo S Adani Wilmar reported a 73 per cent slump in second-quarter profit on Thursday (Nov 3), as the Fortune cooking oil maker reeled under dull demand from rural areas and wrestled with industry-wide input cost inflation.
Consolidated net profit for the second quarter ended Sep 30 fell to 487.6 million Indian rupees (S$8.4 million) from 1.82 billion rupees a year ago.
Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore&rsquo s Wilmar Group, saw total expenses climb 6 per cent to 141.5 billion rupees, while revenue from operations rose over 4 per cent to 141.5 billion rupees. The growth pace has been dragged by a decline in mainstay edible oil.
&ldquo In the edible oils segment, the quarter that went by saw multiple challenges in consumer demand, with several macro headwinds in the form of high inflation... delayed monsoon and tepid rural demand,&rdquo Adani Wilmar said in a statement.
Consumer packaged goods makers from Colgate-Palmolive India to Nestle have been hammered by the Covid-19-led rise in cost of raw materials, with the Ukraine war further aggravating it.
Meanwhile, cash-strapped rural households have been opting for cheaper unbranded alternatives commonly sold in mom-and-pop stores, even as branded cooking oil makers such as Adani Wilmar and Saffola brand owner Marico lowered prices.
Stay updated with
BT newsletters
Your feedback is important to us
Tell us what you think. Email us at [email protected]
Consumer goods companies are now betting on festive demand, easing prices of a few essentials and late revival in monsoon rains in the agriculture-dependent economy to boost sales in the coming months.
Adani Wilmar expects the second half of this fiscal year to be better with a recovery in consumer demand, even in its edible oils business.
|
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India' s Adani Wilmar profit plunges on cost rise, soft rural demand
THU, NOV 03, 2022 - 6:00 PM
UPDATED THU, NOV 03, 2022 - 6:00 PM
Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore&rsquo s Wilmar Group (above), saw total expenses climb 6 per cent to 141.5 billion rupees, while revenue from operations rose over 4 per cent to 141.5 billion rupees.
PHOTO: BT FILE
INDIA&rsquo S Adani Wilmar reported a 73 per cent slump in second-quarter profit on Thursday (Nov 3), as the Fortune cooking oil maker reeled under dull demand from rural areas and wrestled with industry-wide input cost inflation.
Consolidated net profit for the second quarter ended Sep 30 fell to 487.6 million Indian rupees (S$8.4 million) from 1.82 billion rupees a year ago.
Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore&rsquo s Wilmar Group, saw total expenses climb 6 per cent to 141.5 billion rupees, while revenue from operations rose over 4 per cent to 141.5 billion rupees. The growth pace has been dragged by a decline in mainstay edible oil.
&ldquo In the edible oils segment, the quarter that went by saw multiple challenges in consumer demand, with several macro headwinds in the form of high inflation... delayed monsoon and tepid rural demand,&rdquo Adani Wilmar said in a statement.
Consumer packaged goods makers from Colgate-Palmolive India to Nestle have been hammered by the Covid-19-led rise in cost of raw materials, with the Ukraine war further aggravating it.
Meanwhile, cash-strapped rural households have been opting for cheaper unbranded alternatives commonly sold in mom-and-pop stores, even as branded cooking oil makers such as Adani Wilmar and Saffola brand owner Marico lowered prices.
Stay updated with
BT newsletters
Your feedback is important to us
Tell us what you think. Email us at
[email protected]
Consumer goods companies are now betting on festive demand, easing prices of a few essentials and late revival in monsoon rains in the agriculture-dependent economy to boost sales in the coming months.
Adani Wilmar expects the second half of this fiscal year to be better with a recovery in consumer demand, even in its edible oils business.
Cool down , later up again B4 closure
DuplexCH ( Date: 01-Nov-2022 13:42) Posted:
1 day rally only..and back to square
DuplexCH ( Date: 28-Oct-2022 22:02) Posted:
| Hope not only 2 days rally as usual. Stuck in the mid 4 series. |
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1 day rally only..and back to square
DuplexCH ( Date: 28-Oct-2022 22:02) Posted:
Hope not only 2 days rally as usual. Stuck in the mid 4 series..
Charity88 ( Date: 28-Oct-2022 18:35) Posted:
https://www.channelnewsasia.com/business/wilmar-profit-rises-about-35-core-business-performance-3030756
Singapore-listed agribusiness Wilmar International Ltd posted a near 35 per cent jump in quarterly net profit on Friday, helped by improved performance across its core segments and easing raw material costs. |
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Did wilmar recently stop buying sharebuybacks already ?
Wah those still shorting while its low, now they eat kosong prata
This stock is one of the 3 stock in sg that are in S& P 500. When S& P is up, it sure follow.
Also commodity in this uncertain environment is a good bet as staples might end in shortages if war drags even further...
CleanNGreen ( Date: 31-Oct-2022 13:01) Posted:
| With this rally, the shorts might be force to cover soon. Once short cover, the price will shot even more forcing other shorts to cover. The macro of this company is v good. Russia war might force palm oil price to shot due to high fuel cost and high sunflower oil cost. The PE of this company is also v v good. Now around 7 or lesser right? |
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Ya, glad that price goes north.
Jiayou !
FATABA ( Date: 31-Oct-2022 10:17) Posted:
Revenue up 15% and profit down 46% . But I guess what matter is the stock price recover today . LOL
CheeryVGoh ( Date: 28-Oct-2022 22:34) Posted:
Yihai didn' t do well ... as what we reasoned
https://media-wilmar.todayir.com/2022102819390206596044_en.pd |
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With this rally, the shorts might be force to cover soon. Once short cover, the price will shot even more forcing other shorts to cover. The macro of this company is v good. Russia war might force palm oil price to shot due to high fuel cost and high sunflower oil cost. The PE of this company is also v v good. Now around 7 or lesser right?
today power lah
Revenue up 15% and profit down 46% . But I guess what matter is the stock price recover today . LOL
CheeryVGoh ( Date: 28-Oct-2022 22:34) Posted:
Yihai didn' t do well ... as what we reasoned
https://media-wilmar.todayir.com/2022102819390206596044_en.pdf
FATABA ( Date: 19-Oct-2022 13:20) Posted:
Hmm I am surprise by UOBKH report / tend to agree more with your reasoning as frequent shut down etc should affect its operation .
" peers were affected by UNscheduled shut down " and yet ONLY wilmar not affected ......doubt on this report .
Dyodd
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up closed to 10% already....will it stop trading?
Can substain the uptrend? Will shortist cover back to support uptrend or pump and dump again?
Yihai didn' t do well ... as what we reasoned
https://media-wilmar.todayir.com/2022102819390206596044_en.pdf
FATABA ( Date: 19-Oct-2022 13:20) Posted:
Hmm I am surprise by UOBKH report / tend to agree more with your reasoning as frequent shut down etc should affect its operation .
" peers were affected by UNscheduled shut down " and yet ONLY wilmar not affected ......doubt on this report .
Dyodd
CheeryVGoh ( Date: 19-Oct-2022 12:07) Posted:
That' s good news.
Think is ok level to buy, so I long some |
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