WILMAR
Fundamentals
The cashflows, net profits are inconsistent and dividend yield is low at 1+% if you divide the dividend per share with the share price accordingly.
Another thing is the "Current Liabilities", which i highlighted up there. It's astonishing 11x of its Annual Net Profit!
The Debt is part of the "Bank term loans/short term/pre-shipment loans/trust receipts/bill discounts" and part of it is used as pledge... but i don't see a clearer picture and would likely avoid it.
Technical
Wilmar seems to be still stuck in a consolidation phase and shows no sign of clear breakout towards the top. Discretion is the ...
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