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Brokers' take

Published Wed, May 11, 2016 · 09:50 PM

Wilmar International | Buy

Target price: S$4.25

May 11 close: S$3.29

RHB Research, May 11

Results broadly in line with our expectations. Stripping out one-off impairments provisions for impairments of US$22.7 million as well as investment and foreign exchange gains, core profit of US$245 million met 19 per cent of our full-year estimates. We maintain our forecast and "Buy" recommendation with target price S$4.25 based on sum-of-parts valuation.

Singapore Airlines | Outperform

Target price: S$14.60

May 11 close: S$1…