$WILMAR INTERNATIONAL LIMITED(F34.SI)$...retreated from high quite abit, is this a good entry point for a good and value play?
I think so.
Wilmar has growth potential in world's two most populous countries with elevated commodity prices, cooking coils in this case.
$JAPFA LTD.(UD2.SI)$is another good counter, Asia's leading proteins producer, chicks and feeds, pig farming and dairy farms, in Indonesia, Vietnam and China.
The share price has retreated during COVID lockdown resulting in reduced demand.
Japfa is also working on an IPO to list its dairy farm business in HK Exchange. It's an upside and catalyst to its share price.
What do you think?
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