Added 20,000 shares of Wilmar at $2.93 on 1 Aug 2025.
Reason for buying:
1) 5 Years low
Wilmar usually trade between $3 to $3.20 range for the past 1 year.
Due to Indonesia Court case (link), its share price did went down to 52w low of $2.87
2) Insider trade
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| Source: ChatGPT |
It is good to see the price you buy is lower than Insiders (Mr Kuok Khoon Hong is the Chairman cum CEO of Wilmar).
3) Undervalue
Wilmar have been an undervalue stock for many years. Undervalue stock can remain undervalue for looooong time. Patience Patience Patience
4) 5.5% Dividend Yield
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