【Wilmar F34 交流专区】丰益国际 WILMAR INTERNATIONAL LIMITED

fbb05

Yangyang1982 发表于 14-3-2013 12:35 AM
?????????????????????还好啦。。
3。33（我从3。9x等到机会来临）
希望跑回去2。99，再买。。。买。。 ...

我觉得可能会去到大概$3
你肯定有机会买
准备钱吧

Tanlp

fbb05 发表于 16-3-2013 05:02 PM
我觉得可能会去到大概$3
你肯定有机会买
准备钱吧

我也有兴趣。。。嘿嘿。。 在等$3的到来

fbb05

Tanlp 发表于 17-3-2013 10:13 PM
我也有兴趣。。。嘿嘿。。 在等$3的到来

我手上有货
快被主力震出局了
希望不要来到$3
但是我认为$3 有很强的支撑
上次Share buy back 也是在这个价位

Yangyang1982

fbb05 发表于 17-3-2013 10:59 PM
我手上有货
快被主力震出局了
希望不要来到$3

本人愿意收购你手上股票，以3.10(多一毛）
哈哈。。別担心啦

icy97

UOB KayHian upgrades Wilmar to Buy from Hold
http://www.theedgesingapore.com/the-daily-edge/business/43186-uob-kayhian-upgrades-wilmar-to-buy-from-hold.html

Wed, 20 Mar 17:32  
UOB KayHian raises Wilmar (F34.SG) to Buy from Hold.

“We foresee 2013 pre-tax margin to be more stable and have better visibility. As Asia’s largest agri-commodity company, Wilmar can have better bargaining power in a high-inventory market and enjoy lower raw material prices.”

It expects Wilmar to benefit from the release of oilseeds and vegetable-oil reserves in China, starting in early March; “as the largest oilseed crusher and consumer pack cooking oil producer, Wilmar will bid for these, which are usually released from national reserves at a below-market price.”

It raises its target to $3.80 from $3.70 after applying a higher 2013 P/E of 15x vs the previous 13x for the oilseed & grain division on the oilseed-reserves release and strong sales volume growth from non-cooking oil consumer packs. The stock is up 0.9% at $3.39.

fbb05

Yangyang1982 发表于 20-3-2013 08:12 PM
本人愿意收购你手上股票，以3.10(多一毛）
哈哈。。別担心啦

我hold不住了
星期一彻底被主力震出局了
卖在$3.33然后看见今天的价格
非常后悔啊

Yangyang1982

fbb05 发表于 21-3-2013 10:55 PM
我hold不住了
星期一彻底被主力震出局了
卖在$3.33然后看见今天的价格

早知道卖给我

only85

进了两单$3.32,$3.34. 平均$3.33
今天卖了，$3.45

fbb05

only85 发表于 25-3-2013 10:58 PM
进了两单$3.32,$3.34. 平均$3.33
今天卖了，$3.45

你就好啦
赚到钱了
我就惨啦。。
所以一定不要拿开饭的钱去玩
不然在跌势一定hold不住

icy97

Bird flu outbreak may hit Wilmar: DBS Vickers
http://www.theedgesingapore.com/the-daily-edge/business/43363-bird-flu-outbreak-may-hit-wilmar-dbs-vickers.html

Mon, 8 Apr 16:31
China's bird-flu outbreak may affect Wilmar (F34.SG), DBS Vickers says, citing moves by authorities there to suspend the live poultry trade in three cities and take culling measures to curb the H7N9 virus' spread.

"An escalation in mass culling may cut soybean meal demand/prices, and in turn, crush margins in China," it says, noting CBOT front-month soybean futures fell by 6% over the past week on fears export demand would slow on the culling. But DBSV notes the culling has been insignificant so far and it is keeping its FY13 oilseed and grains pretax margin forecast intact.

If a slowdown in soybean imports and crushing has consequences for China's domestic soybean-oil supply, palm-oil imports could increase as a substitute, with palm oil prices likely to continue to recover, the house says. But it adds, Indonesian refining margins are weakening and could be even lower if imputing trade barrier costs such as an Indian import tax.

It cuts Wilmar's FY13-15 earnings forecasts by 4%-8% and lowers its target to $3.72 from $3.88. It keeps a Hold call. The stock is down 2.7% at $3.30.

icy97

Wilmar to reduce dependence on China: UOB-KayHian
http://www.theedgesingapore.com/the-daily-edge/business/43405-wilmar-to-reduce-dependence-on-china-uob-kayhian.html

Wed, 10 Apr 14:22
Wilmar (F34.SG) will gradually reduce its dependence on China, UOB KayHian says, noting the mainland's share of revenue has dropped to 47% in 2012 from 2009's 55%.

"While Southeast Asia (especially Indonesia and Vietnam) was the main driver in the last three years, India, Eastern Europe and Africa will drive revenue going forward."

It notes Wilmar plans expansion in Ghana and Nigeria as fast-emerging markets. It notes capex ahead will be focused on new markets, especially Africa, to grow the upstream palm operations, palm value chain and consumer packs.

The house expects the investment in African upstream palm operations to start contributing in three years. It rates the stock Buy with $3.80 target. The stock is down 0.9% at $3.32.

icy97

Wilmar sees China importing fewer soybeans on bird flu
http://www.theedgesingapore.com/the-daily-edge/business/43416-wilmar-sees-china-importing-fewer-soybeans-on-bird-flu-.html

Thu, 11 Apr 09:17  
China, the world’s largest soybean buyer, will probably import less this year as an outbreak of bird flu curbs demand for poultry, a Wilmar International executive said. That would be the first decline since 2004.

Consumption is slowing and at best imports of soybeans, crushed to yield oil for cooking and meal for livestock feed, will be the same as last year, said the Singapore-based executive at Wilmar, which ships the most supply to China. China consumed 13.54 million metric tons of chicken last year, the most globally and an almost fourfold expansion in about two decades, U.S. Department of Agriculture data show.

Soybean futures slumped into a bear market in November on expectations that farmers would respond to record prices reached two months earlier by planting the biggest-ever crop. The extra supply will be reaped just as China endures an outbreak of the H7N9 virus that’s killed nine people since March. The government told citizens April 8 to avoid contact with live poultry.

“Consumption of chicken will be reduced for now because nobody knows how it’s being transmitted, how it passes from birds to humans and everyone prefers to err on the side of caution,” Joyce Liu, an analyst at Phillip Futures, said by phone from Singapore. “That will definitely reduce need for soybean imports.”

Soybeans dropped 22% to US$13.915 a bushel on the Chicago Board of Trade since reaching a record US$17.89 ($22.17) in September. Wheat, corn, sugar and arabica coffee are also in bear markets and the Standard & Poor’s GSCI Agriculture Index of eight commodities retreated 21% from its peak in July.


RECORD PURCHASES
Consumption of soybeans in China, which buys 64% of global imports, retreated in the 2003-2004 marketing year as an outbreak of avian influenza cut demand, USDA data show. The department forecast record purchases of 61 million tons this year, 3% more than 2012, according to a report yesterday.

The bird-flu outbreak has hurt farmers “tremendously” because it’s curbing demand for chicken in eastern regions, Liu Yonghao, chairman of New Hope Liuhe Co., China’s biggest poultry supplier, said April 9. The cities of Shanghai, Nanjing and Hangzhou ordered live poultry markets to close and seized birds, according to reports on state-run CCTV and Xinhua News Agency.

The strain was first reported in an 87-year-old male in Shanghai on Feb. 19. While the number of infections has risen to 33, there is no evidence yet that the virus is spreading from human to human, according to the World Health Organization.

A 4-year-old boy in Shanghai was discharged from a hospital yesterday after recovering from the flu, making him the first patient declared cured. China expects to develop a vaccine within seven months, Xinhua said, citing an official statement.

Shares of Wilmar rose 0.6% to $3.37 in Singapore yesterday, valuing the company at $21.6 billion  They are 0.9% higher this year after falling 33% in 2012.

icy97

丰益国际投资2亿6,300万美元来拓展糖业务
http://www.sharesinv.com/zh/articles/38303/

2013年04月16日
亚洲主要的农产品集团丰益国际(Wilmar Int’l)以约2亿6,300万美元向摩洛哥国家投资公司收购摩洛哥唯一的糖供应商Consumar S.A.的27.5%股权。公司在向新交所提交的通告中表示，在交易完成后，摩洛哥国家投资公司将把高达26.5%的股权脱售给一个由摩洛哥机构投资者所组成的财团。这个财团及丰益国际将合共持有Consumar的54%控股股权。Consumar是卡萨布兰卡证券交易所的上市公司，也是非洲第三大糖生产商，并拥有全球最大的炼糖厂之一。它也拥有位于摩洛哥5个地区的7家甜菜和甘蔗炼糖厂。丰益国际目前在澳洲、纽西兰及印尼经营5家炼糖厂，年产能超过180万公吨。

启示：公司对Consumar的投资有助巩固其在西半球的地位，并与它发展成为世界级制糖公司的总体策略相符。


Wilmar buys stake in Moroccan sugar company for $325m (Update)
http://www.theedgesingapore.com/the-daily-edge/business/43483-wilmar-buys-stake-in-moroccan-sugar-company-for-325m-update.html

Tue, 16 Apr 16:08
Wilmar International, the largest sugar cane miller in Australia, bought a 27.5% stake in Moroccan supplier Cosumar SA from Societe Nationale d’Investissement to expand in Africa.

Wilmar paid 2.3 billion dirham ($325 million) for the shares in Africa’s third-largest sugar producer and will fund the purchase internally and with bank loans, the Singapore-based company said in a statement. Another 26.5% of Cosumar will be sold to a group of Moroccan institutional investors, who will hold a 54% controlling stake with Wilmar.

Buying Cosumar, Morocco’s sole sugar supplier, gives Wilmar additional production capacity of 1.6 million metric tons and adds to its refineries in Australia, New Zealand and Indonesia. Chief Financial Officer Ho Kiam Kong said Feb. 22 the company is seeking sugar and oil palm assets in Africa and Myanmar.

“Our investment in Cosumar gives us a significant presence in the Western hemisphere and is part of our overall strategy to develop a world-class sugar business,” Chief Executive Officer Kuok Khoon Hong said in the statement.

Wilmar shares fell 1.2% to $3.27 as of 2:55 p.m. in Singapore, compared with the 0.2% gain in the benchmark Straits Times index.

icy97

Wilmar's Moroccan sugar acquisition positive: CIMB
http://www.theedgesingapore.com/the-daily-edge/business/43517-wilmars-moroccan-sugar-acquisition-positive-cimb.html

Wed, 17 Apr 17:07
CIMB is positive on Wilmar’s  Moroccan sugar acquisition. “Wilmar’s acquisition of a strategic 27.5% stake in Cosumar gives the group exposure to the regulated Moroccan sugar industry and access to Africa’s structurally sugar-deficient market.

It can add value by introducing better techniques for farming and procuring raw sugar.” It views the asset valuations are fair, estimating the deal values Cosumar at US$956 million ($1.05 billion), representing a historical P/E of 11X, below the 14X-17X historical P/E for leading Malaysian sugar refiner MSM Malaysia.

It expects the deal to enhance Wilmar’s future earnings base by around 1% in FY14. It keeps the stock at Outperform with $3.74 target. The stock is up 0.6% at $3.29.

alexkoh86

这支股的基本面很稳定，是一支可以长期投资的股票，不看好短期投资！我本人买在S$3.30,会继续持有这股！

Yangyang1982

icy97 发表于 17-4-2013 02:41 AM
丰益国际投资2亿6,300万美元来拓展糖业务
http://www.sharesinv.com/zh/articles/38303/

Icy,终于又中英文翻译了！！

fbb05

希望来到三块的时候我再进场

icy97

Wilmar says Q1 profit rises 23% on oilseed unit: Update
http://www.theedgesingapore.com/the-daily-edge/business/43801-wilmar-says-q1-profit-rises-23-on-oilseed-unit-update.html

Wed, 8 May 16:27
Wilmar International, the world’s biggest palm oil processor, said first-quarter profit gained 23% as earnings at its oilseeds unit rebounded.

Net income was US$315.4 million ($388.4 million) in the three months ended March 31, up from US$255.9 million a year earlier, the Singapore- based company said today in a statement. That compares with the US$296.5 million average estimate of three analysts surveyed by Bloomberg.

Wilmar’s oilseeds unit, which incurred a loss a year ago, improved due to higher margins in soybean processing, the company said. China will probably import less soybeans, used for oil and livestock feed, this year as the outbreak of bird flu curbs poultry demand, a Wilmar executive said last month.

“The positive crush margins during the quarter were a result of lower cost of imported soybeans and higher local product prices, due to late arrival of soybeans in China,” Wilmar said today in the statement.

Sales fell 2.6% to US$10.2 billion due to lower palm oil and sugar prices.

Shares traded 3% higher at $3.41 as of 3:23 p.m. in Singapore after earlier advancing as much as 4.2%. The benchmark Straits Times index gained 1.1%.


MEAL CONSUMPTION
“In China, the bird flu will affect meal consumption in the short term, but is not expected to have a long term effect,” Chief Executive Officer Kuok Khoon Hong said in the statement. Feed is mostly made with soybean meal and corn.

The H7N9 virus has killed 26 people, as of May 2, since March and prompted Chinese authorities to shut down live poultry markets and cull birds. Soybean imports, which more than tripled from 2004 to 59.2 million metric tons in the year to Sept. 30, will probably fall to 58 million tons this year, according to a Bloomberg survey last month.

Soybean crushing margins might weaken in the next one to two months as the delayed shipments start arriving at the end of the month, Kuok said today at a briefing in Singapore. Logistical bottlenecks in Brazil, set to overtake the U.S. as the top soybean producer, hampered exports.

China’s demand for palm oil is also slowing, according to Kuok. “It is a surprise to us because palm oil is so cheap,” he said today at the briefing.

Palm oil imports to China in the six months through September may fall to 2.39 million tons, from 3.56 million tons in the first half, as inventories hold near record highs, according to China Cereals & Oils Business Net, the country’s biggest independent oilseed research.

Wilmar is focusing on increasing its palm plantation acreage in Africa and will continue to expand its sugar business, Kuok said today. The decline in commodity prices is creating acquisition opportunities, he said. The company said last month it bought a stake in Morocco’s sole sugar supplier for US$263 million.


Wilmar +4.2%; Market was overly pessimistic: DBS Vickers
http://www.theedgesingapore.com/the-daily-edge/business/43789-wilmar-42-market-was-overly-pessimistic-dbs-vickers.html

Wed, 8 May 11:44  
Wilmar (F34.SG) is up 4.2% at $3.45 despite several analysts saying 1Q13 net profit of US$315.4 million ($388 million), up 23.3% on-year, was only in line with forecasts.

"The market had been overly pessimistic and now that is being reflected in the share price," says Ben Santoso, an analyst at DBS Vickers. "They were expecting the merchandising and processing profits to be lower," he notes, with Wilmar reporting around US$40/ton margin in palm & lauric after securing low cost feedstock in 4Q12, while peers' margins were much lower.

He notes delayed soybean shipments into China also boosted 1Q13 production prices and crushing margins there. But he adds, whether the CPO feedstock secured in 4Q would still be visible in 2Q is a concern; he expects refining margins to come down given new capacity coming on stream in Indonesia, which will drive down cooking segment prices.

He also notes soybean oil prices in China have fallen "dramatically," meaning the 2Q crushing-margin outlook is negative. "All in all, it's slightly better than expected, but the outlook doesn't seem to support continued strength in terms of the fundamentals. I am more inclined to not be too overly optimistic yet." He doesn't expect the stock to rise beyond his $3.72 target.

icy97

丰益国际首季赚9.4 亿

财经 天下  2013-05-10 10:30
（新加坡9日讯）丰益国际第一季取得3亿1535万美元（9亿3501万令吉）的净利，按年增长23%。

集团净利增长主要因为油籽和谷类价格在第一季显着回弹，销售量也增长6%。油籽和谷类产品所属的销售和加工业务部门转亏为盈，取得4720万美元（1亿3995万令吉）的税前盈利。

集团消费品销售量在食油、面粉和白米需求提高的带动下增长10%，加上整体毛利率略微提高，推动这个部门的税前盈利增长了12%，达5650万美元（1亿6752万令吉）。

而收成季节后的磨糖损失减少，更高的销售利润和提炼毛利率，则协助制糖业务部门降低亏损至1360万美元（4032万令吉）。
营业额跌3%

但另一方面，原棕油价格走低，导致种植与棕油提炼部门的税前盈利显着下挫27%至7210万美元（2亿1378万令吉）。

虽然所有业务部门都取得销量增长，丰益国际第一季的营业额仍下滑3%到102亿美元（302亿令吉），原因是棕油和糖类产品的卖价显着滑落。

展望前景，丰益国际主席兼总裁郭孔丰指出，集团的综合商业模式和过去几年开拓的新业务表现强韧，他有信心集团能够度过今年接下来预料将会艰难的环境。虽然原棕油价格预料将持续低迷，影响种植业务的盈利，但价格下滑有助集团的下游增值业务。

郭孔丰也说，中国的禽流感疫情可能在短期内会冲击到当地的食品消费，但预计不会有长期的影响。

集团对中国的长期前景仍旧乐观。[南洋网财经]

Yangyang1982

alexkoh86 发表于 23-4-2013 02:48 PM
这支股的基本面很稳定，是一支可以长期投资的股票，不看好短期投资！我本人买在S$3.30,会继续持有这股！

我账面输钱了。。buy 3.40 last week (13,000 unit )