I bought 400 shares. One of reason is to utilise a 50SGD voucher. Wilmar Q3 results was below market expectations. But I don't really care it. The business nature is that, profits margin can go up and down. I use to buy good company stock at their not good business time. I can collect the dividends at low cost at bear trend.
When everything is clear and certain the price has been high already.
Why did I bet Wilmar do better in the future?
It has good management team and edible oil, rice, sugar are always essential for our daily life.
During the downturn, Wilmar tried to buy back share, CEO bought shares many times, and maintained the dividends payment.
No one can do better to support shareholders than Wilmar.
At business side, profits margin can be up and down, it is out of our control, so i don't worry it.
I need control my purchase pace, I can buy it every month to lower my holding cost. I really don't know when it will turn to bull.
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- Chrismaxxx·11-06 10:16TOPCatalyst in 3 mths. Sale of Adani Wilmar and Final Dividend.2Report
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