Singapore Stock Market News
Wilmar International - Expect decent 4Q results
StockFanatic
Publish date: Mon, 11 Nov 2013, 06:04 PM
StockFanatic
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We currently project 4Q13 earnings
to be below 3Q13's due to lower
sugar milling contribution. But its
earnings may surprise on the upside
if CPO prices sustain their uptrend.
We maintain our earnings forecasts,
SOP-based target price and
Outperform rating. We believe a
stronger-than-expected recovery in
earnings and potential M&As can
catalyse the stock.
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