rule_of_72
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Wilmar International
29-04-2016, 12:09 AM,
Post: #261
RE: Wilmar International
The debt are mostly trade financing that back by the commodity. It is different with a bank loan for property development.

The concerning rather comes from the decreasing ROE over the years.

Find Reply
29-04-2016, 02:11 PM,
Post: #262
RE: Wilmar International
(29-04-2016, 12:09 AM)Fish Head Wrote: The debt are mostly trade financing that back by the commodity. It is different with a bank loan for property development.

The concerning rather comes from the decreasing ROE over the years.

Hahaha, finally someone talk sense on this company debt.
Your are correct.

Those who don't understand this company mode of operation and its business model just talk nonsense.
失信于民,何以取信于天下...

Find Reply
29-04-2016, 04:16 PM,
Post: #263
RE: Wilmar International
In any case, debt is still debt. Whether its backed by commodities or property assets it's still debt which attracts a certain interest payment. 

Decreasing ROE means decreasing net income, assuming equity is roughly the same. Of course the commodity downturn has impacted income, however increasing finance cost of debt will also impact net income and so impact ROE. Imagine how much more needs to be paid if interest rates increase 1% and the impact on ROE.

those who gamble on high debt companies can either end up very rich or very poor.

caveat emptor.
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com

Find Reply
30-04-2016, 01:01 AM,
Post: #264
RE: Wilmar International
(29-04-2016, 04:16 PM)BlueKelah Wrote: In any case, debt is still debt. Whether its backed by commodities or property assets it's still debt which attracts a certain interest payment. 

Decreasing ROE means decreasing net income, assuming equity is roughly the same. Of course the commodity downturn has impacted income, however increasing finance cost of debt will also impact net income and so impact ROE. Imagine how much more needs to be paid if interest rates increase 1% and the impact on ROE.

those who gamble on high debt companies can either end up very rich or very poor.

caveat emptor.

You still don't understand how Wilmer operate and what is trade financing.
More than half of her debts is due to trade financing. Trade financing grows and shrinks in proportion to commodity prices as the financing is solely used for working capital. Trade financing in simple term, a tool used to minimize credit risks between importers and exporters.
These loans are relatively cheap (0.5-1% p.a.) in short-term.

Well, I will stop here and leave the rest to find out the true value of this company. Don't just touch on the surface without realizing whether this is a gem or your so called high risk company.

Cheers
失信于民,何以取信于天下...

Find Reply
13-05-2017, 03:56 PM, (This post was last modified: 13-05-2017, 03:56 PM by weijian.)
Post: #265
RE: Wilmar International
Wilmar pursues China prospects with renewed listing plan

[SINGAPORE] Singapore's Wilmar International Ltd, which is considering spinning off its China business, is looking to list it in Shanghai to boost its profile on the mainland and potentially pave the way for deals. China is Wilmar's biggest market, accounting for nearly 50 per cent of 2016 revenues of US$41.4 billion for one of the world's largest edible oil processors. Its annual revenues from China have risen about 50 per cent since 2009. Wilmar said in Thursday's earnings statement it was carrying out an "internal restructuring" of those operations. It confirmed on Friday that that would mean reviving a listing plan first aired in 2009, but swapping the venue to Shanghai from Hong Kong.

http://www.businesstimes.com.sg/companie...sting-plan

Find Reply
30-06-2017, 05:36 PM,
Post: #266
RE: Wilmar International
Lion Corporation and Wilmar to form Joint Venture

Wilmar International Limited announced that its wholly-owned subsidiary, KOG Investments Pte Ltd (“KOGI”), has entered into a conditional joint venture agreement with Lion Corporation today for the manufacture and sale of methyl ester sulfonate.

Pursuant to the JVA, KOGI will incorporate an investment holding company (“JV Company”) in Singapore, which, in turn, will incorporate an operating company in Indonesia. The Operating Company will acquire the Wilmar group’s existing MES manufacturing facilities in Indonesia. JV Company will also acquire Lion Eco Chemicals Sdn. Bhd. (“LECO”), in consideration for the issue of 50% of the enlarged share capital of JV Company at a subscription price equivalent to LECO’s fixed asset value.

Lion Corporation, which is listed on the Tokyo Stock Exchange, is engaged in the manufacture and sale of toothpaste, toothbrushes, soaps, detergent, hair- and skin-care products, cooking-related products, and pharmaceuticals.
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
Website Find Reply
15-02-2018, 12:07 AM,
Post: #267
RE: Wilmar International
(30-04-2016, 01:01 AM)VIChris Wrote:
(29-04-2016, 04:16 PM)BlueKelah Wrote: In any case, debt is still debt. Whether its backed by commodities or property assets it's still debt which attracts a certain interest payment. 

Decreasing ROE means decreasing net income, assuming equity is roughly the same. Of course the commodity downturn has impacted income, however increasing finance cost of debt will also impact net income and so impact ROE. Imagine how much more needs to be paid if interest rates increase 1% and the impact on ROE.

those who gamble on high debt companies can either end up very rich or very poor.

caveat emptor.

You still don't understand how Wilmer operate and what is trade financing.
More than half of her debts is due to trade financing. Trade financing grows and shrinks in proportion to commodity prices as the financing is solely used for working capital. Trade financing in simple term, a tool used to minimize credit risks between importers and exporters.
These loans are relatively cheap (0.5-1% p.a.) in short-term.

Well, I will stop here and leave the rest to find out the true value of this company. Don't just touch on the surface without realizing whether this is a gem or your so called high risk company.

Cheers

Hope you can help clear my doubts. Is the trade financing for Wilmar to buy commodities from it's supplier? So when Wilmar receive the goods, it will still have to pay the supplier with its own cash? Thanks.

Find Reply
04-07-2018, 04:30 PM,
Post: #268
RE: Wilmar International
Wilmar co-founder Martua Sitorus resigns amid deforestation scandal

By: Samantha Chiew
04/07/18, 01:15 pm

SINGAPORE (July 4): Wilmar International’s co-founder, Martua Sitorus, has tendered his resignation a week following Greenpeace International's revelation of his links to Gama Plantation, a related palm oil business responsible for massive deforestation in Indonesia.

Gama is a palm oil business run by senior Wilmar executives and members of their family.

In addition, Sitorus’ brother-in-law, Hendri Saksti, who is the group’s country head for Indonesia has also resigned.

Wilmar in 2013 has committed to end its links to deforestation. But Greenpeace investigations revealed that Gama has deforested an area that came up to twice the size of Paris.

More details in https://www.theedgesingapore.com/wilmar-...on-scandal
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
Website Find Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
Valuebuddies.com | Return to Top | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com | | Share Buy-Back | Disclosure of Interest