To The Moon

$WILMAR INTERNATIONAL LIMITED(F34.SI)$$Olam Group(VC2.SI)$

According to public information, in 2021, there were 3 Singapore companies listed on the World‘s Top 500 enterprises, which were:

Trafigura Group, a nonlisted company ranked 31st, achieved a revenue of $146.99 billion and a profit of $1.699 billion in 2021.

Wilmar International Limited ranks 221st, with a revenue of $50.527 billion and a profit of $1.534 billion in 2021. The stock ticker of the company in SGX is: $WILMAR INTERNATIONAL LIMITED(F34.SI)$

Then OLAM International or OLAM Group, ranked 469, with a revenue of $26.07 billion and a profit of $178 million in 2021;The company delisted from the US stock market in March 2022 and logged into the Singapore stock market with the ticker of $Olam Group(VC2.SI)$

Below are some basic and financial hight of the 3 listed SG stocks, also some comment on the three stocks performance in 2022. 

1. $WILMAR INTERNATIONAL LIMITED(F34.SI)$

Ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange.

Founded in 1991 and headquartered in Singapore, is today Asia’s leading agribusiness group. Wilmar’s core 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.

Source From Tiger Broker

 According to the chart, Since the end of 2018, the net profit of the company has increased for four consecutive years, and the dividend has also increased since the end of 2019. The latest data show that the dividend of the company reached S$0.105.

Source From Tiger Broker

$WILMAR INTERNATIONAL LIMITED(F34.SI)$ 's share price rose from S$4.08 on January 3, 2022 to S$4.78 the highest in March. Since the conflict between Russia and Ukraine and the prevalence of global inflation concerns, the stock has fallen all the way, with an increase of only 5.94% YTD.

On May 20th, $(F34.SI)$ rose 4.13%, the largest one-day increase since February 15. Related news: Indonesian President announced on Thursday (May 19) that Indonesia will lift its palm oil export ban starting next Monday (23rd) as the domestic supply of edible oil improves. Instituiton investors started flowing in Wilmar international from early this year. This is good sign now.

2. $Olam Group(VC2.SI)$

OLAM international is a leading agricultural management group, providing food and industrial raw materials in 65 countries from seeds to shelves, with more than 13600 customers worldwide. Its 23000 employee team is a leader in business transactions including cocoa, coffee, cashew nuts, rice and cotton.

OLAM international is the second largest rice trader in the world, Since 2020, both net profit and ROE of $Olam Group(VC2.SI)$ have a large growth proportion.

Source From Tiger Broker

Source From Tiger Broker

Source From Tiger Broker

However, in terms of share price, $(OLAM)$'s share price has dropped 12,5% year to date from the highest of S$1.93 to hit its 52 week low of S $1.44 this year, Let's see wether this stock see a turnaround with the group continues to advance on its plans to reorganise its business. 

A recent strategic partnership was announced where Olam’s Agri division was sold to SALIC for around US$1.24 billion. Olam Food Ingredients (OFI) is also planning a spin-off from Olam Group with a primary listing in London and a secondary listing in Singapore.

However, due to current market conditions, this IPO will not take place in the second quarter of this year.

Do you have interest in these two SGX stocks?

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