Wilmar's Mixed Bag? | The Investing Iguana 🦖

The Investing Iguana
04-24

🟩 In this video, Iggy the Investing Iguana dives deep into Wilmar International's latest quarterly results. Despite the damage to its terminal in Ukraine, analysts maintain a 'hold' rating on the agribusiness giant. Iggy breaks down the expected "flattish" to "marginal growth" year-on-year performance and the uneven performance across Wilmar's various business segments. $Wilmar Intl(F34.SI)$

Discover why analysts project a core net profit of between US$390 million and US$420 million for 1QFY2024 and maintain their FY2024 and FY2025 earnings forecast at US$1.78 billion and US$2.1 billion, respectively.

Iggy also reveals the potential catalyst for Wilmar's share price – a surprise recovery in China, where its local unit, YKA, is the largest profit contributor.

Join Iggy as he simplifies complex financial concepts and provides insightful analysis on Wilmar International's performance, making it accessible for investors of all levels.

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