$Wilmar Intl (F34.SG)$$YIHAI INTL (01579.HK)$$NONGFU SPRING ...
All major Chinese consumer stocks has shown strong increases in share prices while Wilmar lags behind despite operating in the same industry.
they all have recorded a weak 3Q results but will be looking to end the year on a high note as factory orders gets ramped up and gross margins improve from big stimulus measures in the country
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103370157 : only if wilmar is listed in China, it will get higher valuation
ValueBull OP 103370157 : Wilmar is still an index stock
103370157 : My view is wilmar will only go up if the earnings improve or higher dividend yield.
It doesn't matter it's an index stock, it will forever stuck as big funds will not be interested as the return is not improving.
Debts ratio is also high even though most of the debts are trade debts which is normal for this industry.
A lot of capital had been invested in the past that haven't show the desire result. That's the reason investors are selling out.
The new investors will need the patience
103370157 : Plus the company mgmt had informed market that they are not particularly concern on the company share prices.
Unless the company set aside certain funds for cash flow to do buy back, no positive signs