To The Moon

$Wilmar Intl(F34.SI)$   performance of the past 3 years is disappointing, but I like the company's management. The company first repurchased shares, and then the COE repurchased shares himself. The company's dividends are maintained same level within the company's distributable profits, so long-term investors can keep the cash flow income unchanged when profits decline.

I am satisfied with the management's dividends payment decision and it is also within my expectations.

As a small retail investor, I have no chance to communicate with the management. Tracking the annual and quarterly reports year after year allows me to feel the character of the management. Is it honest, does it cooperate with the market hype, does it give management too much salary...?

Doing agricultural product processing and trade, a Fortune 500 company, an honest company, there is nothing to worry about. Wilmar is a microcosm of the Singaporean spirit and the pride of Chinese people around the world. The hardworking and brave ancestors of the Chinese in Singapore came to Singapore, to make a living. The president of Wilmar is known as the Sugar King of Asia; Singapore has become a world-famous garden city.

Agricultural products should become strategic resources like oil many years ago. The weather is becoming more and more unreliable now, and the days of extreme weather have increased significantly.

The market overreacted to the company's adverse fundamentals, but it is true that the company's profits cannot increase significantly.

In the current low price range, continue to increase positions, collect dividends, and slowly earn money to feel more comfortable. One day the market will raise its valuation.

Walking on the streets of Singapore, I told my wife that this warehouse is my company($CapLand Ascendas REIT(A17U.SI)$  ), this hotel ($Genting Sing(G13.SI)$   )is my company, and this coffee shop ($Kimly(1D0.SI)$  )is my company... My wife shook her head, saying that your little stock is a drop in the bucket. I sincerely believe that buying stocks is to start your own company, and a few hundred shares are also shareholders. It's just that the principal is too small, and the profit generated is not enough to support living expenses, so I have to do my original job seriously.