Perpetual Apprentice
:
Being a subsidary, can we assume that the top and bottom lines had been consolidated into Wilmar Int Q2 account? We hope this is a one-off event? Reason for the negative cashflow report? Write-offs from previous investments etc? Should we panick?
valuestockbinger
:
negative cash flow was due to higher raw material cost for wilmar's downstream activity. this also resulted in lower margins this quarter. management guided that the increase in cost will be passed to consumers which would lead to better margins and cashflow in the remaining 2 quarters this year
Diamond hand : is their subsidiary only...
Jgerich Diamond hand :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Matthew the Dino OP : Subsidiary whIch Wilmar owns close to 90% .. Just a subsidiary
stitchmailbox : Drop from 4.56 to this. Sad
Perpetual Apprentice : Being a subsidary, can we assume that the top and bottom lines had been consolidated into Wilmar Int Q2 account? We hope this is a one-off event? Reason for the negative cashflow report? Write-offs from previous investments etc?
Should we panick?
Matthew the Dino OP Perpetual Apprentice : Looks like Only the share price will tell?
valuestockbinger : negative cash flow was due to higher raw material cost for wilmar's downstream activity. this also resulted in lower margins this quarter. management guided that the increase in cost will be passed to consumers which would lead to better margins and cashflow in the remaining 2 quarters this year