1⃣ $Wilmar Intl(F34.SI)$ : Wilmar shares continue to rank amongst this week's worst performing stocks on the Straits Times Index after opening down another 3.1% to $3.17 this morning
🚨The stock is now down 5% for the week and -12% for the month
According to The Straits Times, Wilmar reported a 25.2% fall in third-quarter core net profit to USD 267.3 million (SGD 342.8 million), as weaker performance in its food and feed and industrial products segments weighed, while it expects operating challenges to persist
Its top segment was impacted by weaker soya bean crushing margins, while higher raw material cost weighed on its food products segment
Nevertheless, Wilmar remains “cautiously optimistic” that its performance for the rest of the year would be satisfactory, supported by its diversified operations (The Straits Times)
Wilmar's Relative Strength Index (RSI) currently stands at 24.8 - a deeply oversold level
Trending Wilmar call warrant $Wilmar MB eCW270329(SPFW.SI)$ (https://warrants.com.sg/tools/livematrix/SPFW), which investors may consider to trade any potential rebound in Wilmar shares from here, is down 21% to $0.015 as of 920AM
2⃣ $Keppel(BN4.SI)$ : Another company to report, Keppel said that its overall net profit in its 3QFY2026 is up 20% from the previous year, but 9MFY2026 is 40% down, due to impairments and other holding costs
Meanwhile, net profit for "New Keppel" - its asset manager cum operator business - is up by almost 15% from the previous year, bringing the 9MFY2026 measure for this unique line up by over 20% over the previous year (The Edge)
Keppel shares are trading 2% higher to $10.33 as of 955AM, as investors cheer the targeted special dividends of 10 cents/share
According to Keppel CEO, the company has exceeded their target of $2 to 3 billion in non-core asset monetisation announced for the year despite the volatile environment, allowing Keppel to unlock capital to fund growth, reduce debt and reward shareholders
The company is also boosted by positive share price catalysts including its partnership with Apollo Management to jointly explore and pursue private capital solutions for corporates and asset owners in Asia Pacific (Moomoo), its appointment by EDB to import and supply biomethane by end 2028 (The Business Times) and its acceptance as an inaugural member of Vietnam's International Financial Centre to explore investment platforms that could raise up to USD 1 billion
Trending Keppel call warrant $KeppelMBeCW270329(OYKW.SI)$ (https://warrants.com.sg/tools/livematrix/OYKW) is up 11.1%, 5.6 times more than Keppel's +2% gain to $10.33 as of 955AM
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