Wilmar Intl    Last:3.57    +0.02

Wilmar - Watch for a Strong Rally to Come!

added a bit. :)))  3.7

zillion      ( Date: 04-Jul-2023 13:21) Posted: Adani?

 

Adani?

 

Gap @ 3.65

Looks bottomish for some nibbling

 

Likely, I think that period of time got some super bad news that hit a lot of stocks ( I cannot remember ).

Many stocks became cheap ( including component stocks like SGX ) and many investors did not have extra money as they were stuck with lost-value stocks and not willing to sell.  

Some sold stocks at a loss to scoop up stocks that fell more.  

Those t hat had the extra cashflow made good profits.

Used to be easier to track good-buys ( just buy a copy of Business Times Weekend Edition and could see all component stocks summaries ).   Don' t know why they removed it ( at the expense of newspaper sales ).
 

FATABA      ( Date: 04-Jul-2023 10:44) Posted: Dont seem to have any good news for WIlmar...and w weaken CHina mkt ....wonder it will test 3.28 again ? DYODD Ftyeng      ( Date: 03-Jul-2023 16:16) Posted: Norm for this stock, last yr it tested $3.28 before it rebounded to above $4.20

 

yup easily manipulated

Ftyeng      ( Date: 04-Jul-2023 10:45) Posted: Today dropped until as low as S$3.68. Too many short-sellers manupulating this stock:  https://sginvestors.io/sgx/stock/f34-wilmar-intl/share-price-history  . Palm Oil price seems to be reversing declining trend and climbing back. Eventually price should go up.

 

Today dropped until as low as S$3.68.

Too many short-sellers manupulating this stock:  https://sginvestors.io/sgx/stock/f34-wilmar-intl/share-price-history  .

Palm Oil price seems to be reversing declining trend and climbing back.

Eventually price should go up.

 

 

Dont seem to have any good news for WIlmar...and w weaken CHina mkt ....wonder it will test 3.28 again ?
DYODD

Ftyeng      ( Date: 03-Jul-2023 16:16) Posted: Norm for this stock, last yr it tested $3.28 before it rebounded to above $4.20. spore1      ( Date: 02-Jul-2023 20:12) Posted: It looks like price is very weak! She may go down to test 3.75 and cover the Gap at 3.60. Pls dyodd. https://www.spore-share.com/2023/06/wilmar-intl.html

 

Was  blind but now I c

hokpin      ( Date: 03-Jul-2023 16:31) Posted: London bridge is falling down? No eye see...

 

London bridge is falling down? No eye see...

 

Easily manipulated 

 

Norm for this stock, last yr it tested $3.28 before it rebounded to above $4.20.

spore1      ( Date: 02-Jul-2023 20:12) Posted: It looks like price is very weak! She may go down to test 3.75 and cover the Gap at 3.60. Pls dyodd. https://www.spore-share.com/2023/06/wilmar-intl.html

 

What
 

spore1      ( Date: 02-Jul-2023 20:12) Posted: It looks like price is very weak! She may go down to test 3.75 and cover the Gap at 3.60. Pls dyodd. https://www.spore-share.com/2023/06/wilmar-intl.html

 

It looks like price is very weak! She may go down to test 3.75 and cover the Gap at 3.60. Pls dyodd. https://www.spore-share.com/2023/06/wilmar-intl.html

 

after eu protectionist import measure on palm oil, indonesia has gone b30, malaysi b20 ,
these has save their countries lots of foreign $ due to reduce oil used by the amount of palm oil blend in.

palm oil now quite in line with oil price.

 

With Palm oil price affected due to import ban by EU, we now depend on Indonesian and Malaysian authorities' appeals to them.   Apparently EU is protecting it' s sunflower oil industry even though Palm oil uses less land than sunflower ( at least that is what I read somewhere )..

Login20      ( Date: 01-Jul-2023 11:26) Posted: Besides, soon SBB will be on hold once they make any result announcement date, however, doesn?t mean it will not move up either, is a guessing game, buy low for long term when CPO price probably improve later on tight supply might be sound as advised by analysts. Individual taste and risk. Just for sharing. Login20      ( Date: 01-Jul-2023 11:11) Posted: Agreed. Last 1-2 weeks is a falling knife, at 3.8 seem like support, with osc at very low and rsi relatively at support low, might rebound too. Monday shall know how good a charts will assist looking with the movement. It might too drop further, no one know. Happy Investing

 

Besides, soon SBB will be on hold once they make any result announcement date, however, doesn?t mean it will not move up either, is a guessing game, buy low for long term when CPO price probably improve later on tight supply might be sound as advised by analysts. Individual taste and risk. Just for sharing.

Login20      ( Date: 01-Jul-2023 11:11) Posted: Agreed. Last 1-2 weeks is a falling knife, at 3.8 seem like support, with osc at very low and rsi relatively at support low, might rebound too. Monday shall know how good a charts will assist looking with the movement. It might too drop further, no one know. Happy Investing. Tigerzbeer      ( Date: 01-Jul-2023 00:57) Posted: 3.80 look like a support, but it could break down to 3.66. Rather wait for a dust to settle before action

 

Agreed. Last 1-2 weeks is a falling knife, at 3.8 seem like support, with osc at very low and rsi relatively at support low, might rebound too. Monday shall know how good a charts will assist looking with the movement. It might too drop further, no one know.

Happy Investing.

Tigerzbeer      ( Date: 01-Jul-2023 00:57) Posted: 3.80 look like a support, but it could break down to 3.66. Rather wait for a dust to settle before action

 

3.80 look like a support, but it could break down to 3.66. Rather wait for a dust to settle before action   

 

Hmm ANOTHER LARGE loan of USD1700M ....wow 

Wilmar Upsizes Syndicated Loan Facility to USD1,700 Million Singapore, June 30 2023 - Wilmar International Limited (" Wilmar" ) refers to its announcement of April 11, 2023 on the signing of a mandate letter for the launch of a syndicated loan facility of USD1,200 million and is pleased to announce that due to strong interest from the lenders during syndication, the said facility has been upsized from USD1,200 million to USD1,700 million (the &ldquo Facility&rdquo ) to partially accommodate the oversubscription. The Facility comprises two tranches: a 5-year revolving credit facility of USD702.5 million and a 5-year term loan facility of USD997.5 million. The Facility is arranged by Bank of China Limited, Singapore Branch, DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited Singapore Branch (&ldquo HSBC&rdquo ), MUFG Bank, Ltd., Oversea-Chinese Banking Corporation Limited, and United Overseas Bank Limited, each acting as an Original Mandated Lead Arranger and Bookrunner (&ldquo OMLAB&rdquo and collectively, the &ldquo OMLABs&rdquo ). The Facility is supported by a total of thirtyseven lenders, including the six OMLABs and thirty-one participating lenders. HSBC is the Sole Coordinator, Facility and Documentation Agent. The Facility which has been granted to Wii Pte Ltd, a wholly-owned subsidiary of Wilmar, is guaranteed by Wilmar. The Facility will be used to finance general corporate and working capital requirements of Wilmar and its subsidiaries, including refinancing of existing debt.   

 

Hmm dont look good after the fall below 3.80 .....any bad news ?