⚠Top mover alert: Wilmar up 3.3%, the most in 6 months on surging trade volumes

Macquarie Warrants Singapore
10-28

💫 $Wilmar Intl(F34.SI)$ shares are currently 3.3% higher to $3.15 as of 932AM, its highest since 28 April 2025, on triple its 20-day average trading volume

9⃣This is Wilmar's 9th consecutive day of positive share price return, marking a 10.2% rebound from its 9 year low share price of $2.85 on 6 October 2025

✳Trending Wilmar call warrant $Wilmar MB eCW260227(ZAJW.SI)$ (https://warrants.com.sg/tools/livematrix/ZAJW) is up 7 times more i.e. +71.4% to SGD 0.024 given Wilmar's 10.2% increase from 6 October. There is no put warrant available over Wilmar.

👨‍⚖Wilmar has been dragged down by regulatory sagas, having just charged for its cooking oil case as well as alleged sugar price manipulation

🛢Its current share price rebound however, is against the backdrop of rebounding crude palm oil prices due to Indonesia's rollout of its B40 biodiesel mandate which will drive up consumption of palm oil, China's recovery and analysts' upgrades on the share price

📕According to Bloomberg, Wilmar trades at 12 times its estimated earnings per share for the coming year. It trades at 13 times trailing earnings per share. The company is priced at 0.7 times book value.

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