Wednesday, July 7, 2010
Fundamental : Wilmar International
WRT – Wilmar International: Good news = higher share price? – We feel upside for Wilmar may be limited as we expect CPO prices to be range bound in the near term. As such we feel it might not be in the best interest of investors to buy a call warrant on Wilmar now. However for those with a greater risk appetite and possess a bullish outlook for Wilmar, we feel the most attractive Wilmar call warrant in the market at the moment is Wilmar MBLeCW101102 with an exercise price of $5.80.