Wilmar Intl    Last:3.33    -0.1

Quarterly Result

I forgot which brokerage house made the recent comment. 30% of wilmar's business is in refinery, so the excess supply is actually good for them as they have higher negotiation power for lower price of raw materials (though Wilmar also owns part of Bumitama). Latest china PMI data is going to help in Wilmar in coming days. Let's see how the market moves, but short term positive IMHO.

 

I  watched TV news  from China that Soybean oil and Palm oil are excess capacity due to conned by USA  that Soybean production  were reduced, actually no reduce much. All those crushing manufacturers bought soy bean with high price from July to Oct, don't dare to take the raw material in Nov. Because the soy bean oil and palm oil drop too fast. If they crush now, they lose huge money. If they don't  take the raw material, they are going to lose  less in contract breaking  but their reputation will be damaged.

I don't know how it is going to affect Wilmar but take care.

 

both wrong...haa..weaker than we thought of.

eurekaw      ( Date: 30-Nov-2012 16:19) Posted: I think 3.21 / 3.20 New123      ( Date: 30-Nov-2012 16:14) Posted: let's see whether it can clear 3.22 tdy

 

I think 3.21 / 3.20

New123      ( Date: 30-Nov-2012 16:14) Posted: let's see whether it can clear 3.22 tdy

 

Dun feel good in this counter..

haha..

I will just sit back with popcorn to watch this counter..

 

let's see whether it can clear 3.22 tdy

 

think tdy may be good entry point to long? U hv to make yr own call..

bbwolf82      ( Date: 30-Nov-2012 08:53) Posted: How will Wilmar perform today? What is a good entry point to buy?

 

Cimb up graded to outperform frm neutral n up TP to 3.90 frm 3.52 tdy

bbwolf82      ( Date: 30-Nov-2012 08:53) Posted: How will Wilmar perform today? What is a good entry point to buy?

 

No strength

 

How will Wilmar perform today?

What is a good entry point to buy?

 

… already have some Wilmar, the $3.10 orders are trying luck, nice-to-have order.

I think the chance of it goes above $3.20 is higher than it goes below $3.10. Cheers.

 

3.10? I believe it is typo ba.. haha..


Looks like it is a strong closing at 3.19. What do you think?

guoyanyunyan      ( Date: 29-Nov-2012 17:04) Posted: Have been trying to get Wilmar at $3.10, doesn’t look likely for the time being…

 

Have been trying to get Wilmar at $3.10, doesn’t look likely for the time being…

 

Attempting to break out from descending pennant. $3.40 on the card?

 

not yet. need to breakout 3.20 to go higher..

skk888      ( Date: 29-Nov-2012 16:18) Posted: Yes!!! broke out of 3.17

 

still holding 7k , average cost 3.2x. will add more if break out

 

Yes!!! broke out of 3.17

 

cheong to moon

 

sure ken! it will be $3.50 then $4.00

kenkenken      ( Date: 29-Nov-2012 14:18) Posted: Brougt some wilmar today for long term skk888      ( Date: 29-Nov-2012 14:15) Posted: that's good.. let's see whether it breaks 3.17 today..

 

Brougt some wilmar today for long term

skk888      ( Date: 29-Nov-2012 14:15) Posted: that's good.. let's see whether it breaks 3.17 today..