i go read 4Q16 wilmar report. it stated it earned 590mil which is one of the best quarter in history. jialat max. if next quarter also compare yoy, wilmar share price will drop also or even tank.
but but but
but fy16 whole year profit less than 1 bil, 980 mil only. i believe fy17 whole year profit should hit 1.1 bil. now already 790 mil in 9M17, i presume it can earn another 310mil. maybe i am wrong but i think the result can fight with FY15 at 1 bil mark.
if paying 30% of annual profit, dividends should be around 7.8 cents, increase 20% from 6.5 cents in FY16.
i think i will enter wilmar again once all the emotions are gone. really make a mistake to offload all my holdings.
Today Algo bot spamming lots of 100 share buy to push up the share price
Reply to @tanmingwang : It's just a software program that can be easily developed.
Brokerage Calls (Updated)
RHB - $3.33 - Neutral
DBS - $3.50 - Hold
OCBC - $3.51 - Hold
UOB Kayhian- $4.10 - Buy
CIMB - $4.27 - Buy
Reply to @richardtengch : ok. not bad at least.
i go read 4Q16 wilmar report. it stated it earned 590mil which is one of the best quarter in history. jialat max. if next quarter also compare yoy, wilmar share price will drop also or even tank.
but but but
but fy16 whole year profit less than 1 bil, 980 mil only. i believe fy17 whole year profit should hit 1.1 bil. now already 790 mil in 9M17, i presume it can earn another 310mil. maybe i am wrong but i think the result can fight with FY15 at 1 bil mark.
if paying 30% of annual profit, dividends should be around 7.8 cents, increase 20% from 6.5 cents in FY16.
i think i will enter wilmar again once all the emotions are gone. really make a mistake to offload all my holdings.
Reply to @tanmingwang : Short term support at 3.16 now, take a break ... have a kit kah