Wilmar

Wilmar - No negative news today to explaint he drop in share price. Latest industry news was yesterday where CPO Inventories for the month of Jan'14 was in-line with estimates. Seperately, in a recent commodities trader report, Nomura expect flat sequential palm refining margins and slightly lower oilseeds and grains margins q-q for WIlmar. However, stronger CPO prices should help overall profitability. Overall, the house had estimate an ~8% jump q-q in earnings.