Is $WILMAR INTERNATIONAL LIMITED(F34.SI)$ undervalued?
After Indonesia (world's top palm oil exporter) announce on Monday, 25 April 2022 plans to ban export, the stock price of CPO related company in Indonesia drop. Furthermore, Wilmar dividend Ex-Date was Tuesday, 26 April, leading to further dip.
However, after few positive news with regards to clarification on export ban (temporary period + only few palm oil product), and positive Financial Report Announcement from Wilmar, there are potential in this company.
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