Olam Group - 1st Half results is out! PAMTI is up 0.4% to 48.1m versus 47.9m last year. Gross revenue is up 13.9% to 24272m versus 22317m. Resilient EVIT growth of 8.3% 888m. Interim dividend of 3 cents same as last year. Pls dyodd.

 Olam Group  - 1st Half results is out! PAMTI is up 0.4% to 48.1m versus 47.9m last year.

 Gross revenue is up 13.9% to 24272m versus 22317m. Resilient EVIT growth of 8.3% 888m.

  Interim dividend of 3 cents same as last year. Pls dyodd.

XD 21st August. 

Pay date 29th August. 

I think results is within expectations! 

Wilmar Intl - 1st Half Results is out! Net profit is up 5 percent to 606.3m versus 577.2m last year! EPS of 9.3 cents is 5.7 percent higher than last year 8.8 cents. Interim dividend of 6 cents same as last year. The improvements in performance came from the Feed and Industrial products and Food product segment.

She is looking good to rise up to test 3.20! A nice breakout smoothly we may see her rising up further towards 3.28.

Pls dyodd.

13th August 2024:

Locked in profit at 3.18 . Nibbled a bit today at 3.13! 

Not a call to buy or sell!

Pls dyodd.

13th August 2024 update:

Wilmar Intl  - 1st Half Results is out! Net profit is up 5 percent to 606.3m versus 577.2m last year! EPS of 9.3 cents is 5.7 percent higher than last year 8.8 cents. Interim dividend of 6 cents same as last year. 

The improvements in performance came from the Feed and Industrial products and Food product segment. 

XD on 20th Aug. 

Pay date 29th August. 

Generated Free cash flow of 906.2m.

I think the results is not bad! 

21st July 2024 update:

Wilmar Intl  - The price is fluctuating between 3.07 to 3.23 looks like we may see a breakout or breaking down scenario! 

The director has been supporting in buying back the share may be they know something better than us! Pls dyodd. 

First Half results will be out on 13th August.  Interim dividend of 6 cents is coming!

 Wilmar Intl  - Looks like she is going down to test 3.07 than 3.00!

 Pls dyodd. 

 Wilmar Intl  - Chart wise,  bearish mode! The director keeps buying back share but the share price keep drifting lower! I think testing 3.07 than 2.98 soon! 

Pls dyodd.

 Wilmar Intl  - FY 2023 results is out! 2nd Half net profit is down 27.1 percent to 989.3m versus 1264.3m last year!  FY net profit is down 35.3 percent to 1566m versus 2419m. 

Final dividend of 11 cents declared same as last year, i think the results is not bad! 

XD 29th April. 

Pls dyodd. 

TA wise, bearish mode!

High probability she may go down test 3.26 than 3.23 with extension to 3.0p.

Pls dyodd.

Results is due on 21st February. 

Chart wise,  bearish mode! 

She may likely go down to test 2.98/3.00.

Breaking down of 3.00 plus high volume she may go further down to revisit 2.80 Than 2.43. 

Pls dyodd.

 Wilmar Intl  - She has broken down 3.38 level seem rather Negative and may likely go down to test 3.00! Do take note!

Pls dyodd.

This piece of news reported on the media not sure will it affects the share price! Please dyodd.

Quote : A Chinese subsidiary of Asian food giant Wilmar International F34 0.29% has denied allegations by a city prosecution agency that one of its units was partially accountable for a trade fraud that led to a 5.2 billion yuan (US$725 million) loss for a state-owned company.

https://www.theedgesingapore.com/news/company-news/wilmar-unit-denies-involvement-alleged-china-palm-oil-fraud

Wilmar Intl  - She is drifting lower,  looks rather interesting! Likely to go down to test 3.39 again! Do take note!

 

Yearly dividend of 17 cents, yield is 4.94% at 3.44 of which i think  is quite a gd yield level!

Breaking down of 3.38 we may see sliding down toward 3.00.

Pls dyodd. 

Wah, crucial moment! 

I think is good to monitor and wait for market confirmation! 

Yearly dividend is 17 cents. Yield is 4.73%. NAV 4.22.

Pls dyodd.

  TA wise,  bearish mode!

If 3.60 cannot hold the high chance she will go down to test 3.53/3.50. Breaking down of 3.50 plus high volume we may likely see her going down to test 3.28 than 3.00 and 2.94.

Pls dyodd. 

Wilmar Intl  - Results is out Net profit is down 52.7% to 550m, Total Revenue is down 10% to 32538m.

Declared same interim dividend of 6 cents. 

Lower contribution from Food and Feed and I industrial products despite higher sales volume. 

Free cash flow of 1.89b.

I think the results is not bad!

Let's see how she fares next week!

Please dyodd.

 Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia’s leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange.

At the core of Wilmar’s strategy is an integrated agribusiness model that encompasses the entire value chain of the agricultural commodity business, from cultivation and milling of palm oil and sugarcane, to processing, branding and distribution of a wide range of edible food products in consumer, medium and bulk packaging, animal feeds and industrial agri-products such as oleochemicals and biodiesel. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries and regions. Through scale, integration and the logistical advantages of its business model, Wilmar is able to extract margins at every step of the value chain, thereby reaping operational synergies and cost efficiencies. 

Supported by a multinational workforce of about 100,000 people, Wilmar embraces sustainability in its global operations, supply chain and communities. 

An Expanding Global Footprint:

From its humble beginnings, Wilmar has today become a global leader in processing and merchandising of edible oils, oilseed crushing, sugar merchandising, milling and refining, production of oleochemicals, specialty fats, palm biodiesel, flour milling, rice milling and consumer pack oils:

• Largest edible oils refiner, specialty fats and oleochemicals manufacturer as well as leading oilseed crusher, producer of consumer pack oils, flour and rice and one of the largest flour and rice millers in China
• One of the largest oil palm plantation owners and the largest palm oil refiner and palm kernel and copra crusher, specialty fats, oleochemicals and biodiesel manufacturer in Indonesia and Malaysia
• Largest producer of branded consumer pack oils in Indonesia
• Largest branded consumer pack oils, specialty fats and oleochemicals producer and edible oils refiner as well as leading oilseed crusher, sugar miller, refiner and ethanol producer in India
• One of the largest investors in oil palm plantations, one of the largest edible oils refiners and producers of consumer pack oils, soaps and detergents as well as third largest sugar producer in Africa
• Largest raw sugar producer and refiner, a leading merchandiser of consumer brands in sugar and sweetener market and largest manufacturer of bread, spreads and sauces in Australia
• Leading refiner of tropical oils in Europe.

First quarter 2023 Financial No. update :

The Group reported net profit of US$391.4 million and core net profit of US$381.9 million for the quarter, with stronger sales volume recorded in both Food Products and Feed & Industrial Products segments. Excluding the gain on dilution of interest in Adani Wilmar Limited of US$175.6 million recognised in 1Q2022, the Group reported a growth in net profit of 10.3%, while core net profit grew by 16.5% during the quarter. 

Despite the challenging operating conditions, the Group managed to deliver a satisfactory set of results for 1Q2023. Higher volume of sales was achieved across all businesses. Sugar milling and merchandising did well with higher sugar prices. Oilseed crushing did better due to higher volume and good coverage of raw materials. Food Products segment saw an overall increase in volume of sales, largely due to higher medium pack and bulk products sales, particularly in China. Plantation profit was reasonable even though palm oil prices came down significantly from the peak. Shipping performed well but palm oil refining margin was poor. 

Cash Flow & Balance Sheet The stable performance for the quarter led the Group to generate higher operating cash flows before working capital changes of US$756.1 million. With the decline in commodity prices and seasonal reduction in overall inventory balance during the quarter, working capital requirements for the Group decreased accordingly, leading to lower net debt of US$17.27 billion as of 31 March 2023 (31 December 2022: US$18.75 billion). Consequently, net gearing ratio for the Group improved to 0.84x as of March 2023 (FY2022: 0.94x). This led to the Group generating strong cash inflow from operating activities of US$2.17 billion in 1Q2023. At the end of the reporting period, the Group had unutilised banking facilities amounting to US$26.32 billion. 

Outlook Results for the quarter ended 31 March 2023 were satisfactory, despite the uncertain macro-economic outlook at the start of the year. With our diversified and integrated business strategies, we are cautiously optimistic that performance for the rest of the year will remain satisfactory. 

The company paid out Final dividend of 11 cents + interim dividend of 6 cents, total 17 cents for FY 2022. The current share price is $3.97, yield is about 4.28% of which I think is quite a decent yield!

Chart wise, bearish mode!

She may likely continue to trend lower!

Short term wise, I think likely to go down to test 3.90.

Breaking down of 3.90 plus high volume that may likely see her falling down further towards 3.75 then 3.46 level.

Please dyodd.

Olam Group - Today she is up 10 cents to 1.23, awesome! Looks like something is happening! The volume transacted is also high!

 Olam Group  - Today she is up 10 cents to 1.23, awesome! Looks like something is happening! The volume transacted is also high! 

Breaking out of 1.23 smoothly,  we may see her rising up towards 1.28 than 1.40 level.

Do take note 1st Half Results will be out on 14th August 2024!

Pls dyodd. 

CapLand IntCom Tr - 1st Half Results is out! Gross Revenue is up 2.2 percent to 792m. NPI is up 5.4 percent to 582m. Distribution income is up 366.5m. DPU is up 2.5 percent to 5.43 cents! I think the results has shown good improvement, Awesome!

 CapLand IntCom Tr  - 1st Half Results is out! Gross Revenue is up 2.2 percent to 792m. NPI is up 5.4 percent to 582m.

 Distribution income is up 366.5m. DPU is up 2.5 percent to 5.43 cents! I think the results has shown good improvement,  Awesome! 

Occupancy rate 96.8%.

Fixed costs of borrowing is 76%.

Wale 3.6 years.

Gearing 39.8%.

NAV 2.13.

XD 20th August.  Pay date 26th September. 

Pls dyodd. 

HRNetGroup - 1st Half Results is out! Gross Revenue is down 8.9 percent to 285m versus 294m last year. Net profit is down 6.8 percent to 22.8m as compared to 29.6m . Interim dividend of 1.87 cents is the same as last year. I think result is so so!

 HRNetGroup - 1st Half Results is out! Gross Revenue is down 8.9 percent to 285m versus 294m last year. Net profit is down 6.8 percent to 22.8m as compared to 29.6m . 

Interim dividend of 1.87 cents is the same as last year. I think result is so so! 

Cash on hands is about 147m.

I think net cash position. 

CASH flow seem ok. 

XD 3rd September. 

Pay date 11th September. 

Yield is about 5.9% at 67 cents.

Pls dyodd. 

CapitaLand Ascendas REIT - She is rising up to test 2.70 ! A nice breakout smoothly we may see her rising up further towards 2.80 and above!

 CapitaLand Ascendas REIT  - She is rising up to test 2.70 ! A nice breakout smoothly we may see her rising up further towards 2.80 and above! 

Next, 2.83 with extension to 2.90 to 2.96.

Pls dyodd. 

1st August 2024 update:

 CapitaLand Ascendas  - She had a nice breakout today at 2.75 looks rather bullish and may likely continue to rise up further towards 2.83 than 2.90 and 2.97.

30th July 2024:

CapitaLand Ascendas - 1st Half Results is out! Gross Revenue is up 7.2 percent to 770m versus 718m.

NPI is up 3.9 percent to 528m. Distribution income is up 1 percent to 331m. 

Dpu is down marginally 2.5 percent due to larger no of units.  Comparing to last quarter Dpu is up 1.1 percent to 7.524 cents. I think results is not bad! 

XD 6th August.  

Paydate 2nd September. 

Dpu of 7.524 cents beat my expectations! Awesome! 

NAV 2.27. Gearing 37.8%.

ICR 3.7x.

Occupancy rate 92%.

 CapitaLand Ascendas - This evening 1st Half Results will be out! Estimating dpu of 7.4 to 7.5 cents. Crucial moment! 

A nice breakout of 2.75 decisively would certainly see her rising up further towards 2.83 than 2.97/3.00. Pls dyodd. 

17th July 2024:

 CapitaLand Ascendas REIT  - She had managed to bounce off from 2.56 and closed well at 2.72, coupled with high volume looks rather bullish and may likely continue to trend higher towards 2.85 and 2.97-3.00!

Huat ah! 

Pls dyodd. 

 CapitaLand Ascendas REIT  - Did you managed to catch it at 2.57 few days ago? 

Today she is trading at 2.74, a nice rebound! Likely to rise further up towards 2.83 and above! Pls dyodd. 

  CapitaLand Ascendas REIT  - Great price is here, dont miss out! At 2.57, yield is quite nice at about 5.8 percent for this Giant industrial cum Data Centres reit, under famous manager,  gearing below 40 percents plus index counter, I think golden opportunity to take a look at the current pivot price level! 

Results will be out on 30 July 2024, dividend is coming! 

Next Fed meeting is on 30 to 31 July. 

Pls dyodd. 

CapitaLand Ascendas REIT  - Wah, Great sales is here! At 2.63, yield is about 5.67 percent for this blue chips index reit counter of which I think is looking rather interesting! 

If 2.60 cannot hold then we may see her going down to revisit 2.47 that will provide me an opportunity to add!

Pls dyodd.   

CapitaLand Ascendas REIT  - I think gd reit is on sales! Yielding 5.5 percent,  a blue chips index reit is offering us a great opportunity to take a closer look at the current price of 2.70! Pls dyodd. 

CapitaLand Ascendas REIT  - I think GSS price is back! At 2.66, yield is about 5.6 percent for this industrial cum Data Centres reit plus a sti index component stocks and a giant, great opportunity to take a look! Dont miss out! 

Pls dyodd. 

 CapitaLand Ascendas REIT  - I think Great price snd GSS sales is here! Trading at 2.71, yield is about 5.5 percent of which I think is quite a good yield level! When interest rate started to come down she will not be trading at this kind of yield level! Pls dyodd. 

CapitaLand Ascendas REIT  - 2nd Half results os out! Gross Revenue is up 11% to 761m, NPI is up 4.6 percent to 641m, Distribution Income is down 1.9 percent to 326.9m. DPU is down 6.1 percent to 7.441 cents. 

Occupancy rate is 94.2%.

Positive rental reversion of 13.4%.

FY dpu is down 4% to 15.16 cents.

Gearing is 37.9%.

XD 8th February.  

Pay date 6th March. 

I think results is within expectations.  

I think not bad! 

Pls dyodd.