Post Reply
61-80 of 213
yawn...closed at 2.86. boring.
After olam is Wilmar?
Bro, good to you.
My strategy now is don't hold long position more than 1 day, pump earn and take profit.
Be careful, I think next round Wall Street dump may happen early tomorrow or late Tuesday.
Dow and Nasdaq index plus usd/yen all pointing to this direction.
Heero78 ( Date: 27-Aug-2015 23:06) Posted:
Why sold so soon? Closed above 2.80 is good sign. It is still oversold.
I bite some at $2.80 . Lol
earlybird14 ( Date: 27-Aug-2015 16:42) Posted:
Profit taken at 2.81, sad case not chiong and support. Have to give up for my day trade since i don' t want to have a sleepless night to worry about Wallstreet overnight.
Cheer, take profit as you can in every trade through buying in this downtrend market. We will never know what happen tonight.
|
|
|
|
Why sold so soon? Closed above 2.80 is good sign. It is still oversold.
I bite some at $2.80 . Lol
earlybird14 ( Date: 27-Aug-2015 16:42) Posted:
Profit taken at 2.81, sad case not chiong and support. Have to give up for my day trade since i don' t want to have a sleepless night to worry about Wallstreet overnight.
Cheer, take profit as you can in every trade through buying in this downtrend market. We will never know what happen tonight.
earlybird14 ( Date: 27-Aug-2015 14:14) Posted:
Need to take down the 2.8 to move higher.
|
|
|
|
Wilmar is still on uptrend in short term trend, so long as 2.79 to 2.8 can be supported till close.
If Dow don' t crash and up continually tonight, tomorrow morning, we check the opening price and see still got meat or not, got meat, buy and wait. No meat, stay away.
We have to keep maintaining profit through short term trading, once this form as a habit, money will grow and grow, don' t be greedy.
earlybird14 ( Date: 27-Aug-2015 16:42) Posted:
Profit taken at 2.81, sad case not chiong and support. Have to give up for my day trade since i don' t want to have a sleepless night to worry about Wallstreet overnight.
Cheer, take profit as you can in every trade through buying in this downtrend market. We will never know what happen tonight.
earlybird14 ( Date: 27-Aug-2015 14:14) Posted:
Need to take down the 2.8 to move higher.
|
|
|
|
Profit taken at 2.81, sad case not chiong and support. Have to give up for my day trade since i don' t want to have a sleepless night to worry about Wallstreet overnight.
Cheer, take profit as you can in every trade through buying in this downtrend market. We will never know what happen tonight.
earlybird14 ( Date: 27-Aug-2015 14:14) Posted:
Need to take down the 2.8 to move higher.
|
|
I hope is still accummulation, once taken 2.8, chiong to 2.9. Hope so.
Heero78 ( Date: 27-Aug-2015 14:23) Posted:
bro, u think too high of me. I small fish...i think very hard to get today...
i was watching it since yesterday liao. RSI 14+ can enter...i think today RSI will close at 24. less meat liao.
earlybird14 ( Date: 27-Aug-2015 14:20) Posted:
They see you queue, so 1 bit up, don' t let you to buy. who ask you are big hand, they scare you.
|
|
|
|
bro, u think too high of me. I small fish...i think very hard to get today...
i was watching it since yesterday liao. RSI 14+ can enter...i think today RSI will close at 24. less meat liao.
earlybird14 ( Date: 27-Aug-2015 14:20) Posted:
They see you queue, so 1 bit up, don' t let you to buy. who ask you are big hand, they scare you.
Heero78 ( Date: 27-Aug-2015 14:19) Posted:
who put the 2.78 wall?? i have been queueing 2.77 since morning
|
|
|
|
They see you queue, so 1 bit up, don' t let you to buy. who ask you are big hand, they scare you.
Heero78 ( Date: 27-Aug-2015 14:19) Posted:
who put the 2.78 wall?? i have been queueing 2.77 since morning
|
|
who put the 2.78 wall?? i have been queueing 2.77 since morning
Need to take down the 2.8 to move higher.
No problem, as you wish. We are sharing knowledge. I am impressed with your insight and attitude.
earlybird14 ( Date: 27-Aug-2015 12:33) Posted:
Which are you. Hahaha. Nice to chat with you bro, may be i should call you uncle.
ehclim ( Date: 27-Aug-2015 12:30) Posted:
Sometimes but the market is manipulated most of the time by traders and stockists.
|
|
|
|
Which are you. Hahaha. Nice to chat with you bro, may be i should call you uncle.
ehclim ( Date: 27-Aug-2015 12:30) Posted:
Sometimes but the market is manipulated most of the time by traders and stockists.
earlybird14 ( Date: 27-Aug-2015 12:24) Posted:
Bro, you are in market for long.
Do you really believe supply and demand?
Or more toward " see picture tell story" , the reality behind is manipulation from funds, banks, brokers. Pushing commodity price down first, then explain why it come down through media. Although I believe the supply definitely will be surplus during peak price which price need to come down, but price come down today is ridiculous and unexplainable. All commodity are breaking record low and go lower and lower.
|
|
|
|
Sometimes but the market is manipulated most of the time by traders and stockists.
earlybird14 ( Date: 27-Aug-2015 12:24) Posted:
Bro, you are in market for long.
Do you really believe supply and demand?
Or more toward " see picture tell story" , the reality behind is manipulation from funds, banks, brokers. Pushing commodity price down first, then explain why it come down through media. Although I believe the supply definitely will be surplus during peak price which price need to come down, but price come down today is ridiculous and unexplainable. All commodity are breaking record low and go lower and lower.
ehclim ( Date: 27-Aug-2015 12:16) Posted:
Exactly. The world population is increasing from current about 6.5 billions to 8 billions in 10 to 15 years time. The demand for commodities are imminent.
|
|
|
|
Bro, you are in market for long.
Do you really believe supply and demand?
Or more toward " see picture tell story" , the reality behind is manipulation from funds, banks, brokers. Pushing commodity price down first, then explain why it come down through media. Although I believe the supply definitely will be surplus during peak price which price need to come down, but price come down today is ridiculous and unexplainable. All commodity are breaking record low and go lower and lower.
ehclim ( Date: 27-Aug-2015 12:16) Posted:
Exactly. The world population is increasing from current about 6.5 billions to 8 billions in 10 to 15 years time. The demand for commodities are imminent.
earlybird14 ( Date: 27-Aug-2015 12:11) Posted:
Hope so, at the sametimes also need another giant to boost the demand, India? or Africa?
|
|
|
|
Sorry, the world population already exceeded 7 billion as quoted below:
The United States Census Bureau estimates that the world population exceeded
7 billion on March 12, 2012.
ehclim ( Date: 27-Aug-2015 12:16) Posted:
Exactly. The world population is increasing from current about 6.5 billions to 8 billions in 10 to 15 years time. The demand for commodities are imminent.
earlybird14 ( Date: 27-Aug-2015 12:11) Posted:
Hope so, at the sametimes also need another giant to boost the demand, India? or Africa?
|
|
|
|
Exactly. The world population is increasing from current about 6.5 billions to 8 billions in 10 to 15 years time. The demand for commodities are imminent.
earlybird14 ( Date: 27-Aug-2015 12:11) Posted:
Hope so, at the sametimes also need another giant to boost the demand, India? or Africa?
ehclim ( Date: 27-Aug-2015 12:08) Posted:
The soft commodities prices have been suppressed for too long already, at least 5 years. I believe the soft commodities including CPO, cocoa, etc will turn around in a couple year time or otherwise Olam will not be interested to buy ADM cocoa division.
|
|
|
|
Hope so, at the sametimes also need another giant to boost the demand, India? or Africa?
ehclim ( Date: 27-Aug-2015 12:08) Posted:
The soft commodities prices have been suppressed for too long already, at least 5 years. I believe the soft commodities including CPO, cocoa, etc will turn around in a couple year time or otherwise Olam will not be interested to buy ADM cocoa division.
earlybird14 ( Date: 27-Aug-2015 12:04) Posted:
I am aware on it.
They have been going through soybean crush oversupply since 2012, turn good in 2014 to 2015, low sugar price and now CPO over supply. They all manage very well with healthy balance sheet and cash flow with profit. Other distribution business also show good result.
Wilmar just pending for a period for all their product are go same line like 2007 to 2011 with a commodity rally which I believe this is when Wilmar can perform again and no need to wait for too long since all are almost at bottom, will see trend change from next year towards.
Hope I can load at good and cheap price in this round downturn for my long term investment.
|
|
|
|
The soft commodities prices have been suppressed for too long already, at least 5 years. I believe the soft commodities including CPO, cocoa, etc will turn around in a couple year time or otherwise Olam will not be interested to buy ADM cocoa division.
earlybird14 ( Date: 27-Aug-2015 12:04) Posted:
I am aware on it.
They have been going through soybean crush oversupply since 2012, turn good in 2014 to 2015, low sugar price and now CPO over supply. They all manage very well with healthy balance sheet and cash flow with profit. Other distribution business also show good result.
Wilmar just pending for a period for all their product are go same line like 2007 to 2011 with a commodity rally which I believe this is when Wilmar can perform again and no need to wait for too long since all are almost at bottom, will see trend change from next year towards.
Hope I can load at good and cheap price in this round downturn for my long term investment.
ehclim ( Date: 27-Aug-2015 11:46) Posted:
Indeed, Wilmar is a well managed company with good corporate governance. Our former Foreign Minister Mr. George Yeo is a non-executive independent director. The management team is prudent.
This counter will shoot up once the CPO price increases.
Probably you are aware, the remiser king, Peter Lim made tons of money from this counter. I believe at least 30 to 40% of his networth made from investing in Wilmar.
|
|
|
|
I am aware on it.
They have been going through soybean crush oversupply since 2012, turn good in 2014 to 2015, low sugar price and now CPO over supply. They all manage very well with healthy balance sheet and cash flow with profit. Other distribution business also show good result.
Wilmar just pending for a period for all their product are go same line like 2007 to 2011 with a commodity rally which I believe this is when Wilmar can perform again and no need to wait for too long since all are almost at bottom, will see trend change from next year towards.
Hope I can load at good and cheap price in this round downturn for my long term investment.
ehclim ( Date: 27-Aug-2015 11:46) Posted:
Indeed, Wilmar is a well managed company with good corporate governance. Our former Foreign Minister Mr. George Yeo is a non-executive independent director. The management team is prudent.
This counter will shoot up once the CPO price increases.
Probably you are aware, the remiser king, Peter Lim made tons of money from this counter. I believe at least 30 to 40% of his networth made from investing in Wilmar.
earlybird14 ( Date: 27-Aug-2015 10:33) Posted:
Wilmar is a co-owned company by Kuok Family and ADM (https://en.wikipedia.org/wiki/Archer_Daniels_Midland) which was founded since 1902.
So, generally, wilmar now is managed by 2 very experience commodity companies in the world, one know Asia market, especially China, one know US market and South America which are soybean and other agri commodity key export country.
So basically, these 2 companies control the upstream to downtream commodity with a complete management chain.
Wilmar is a healthy company but at the same time, this kind of company is too stable so lacking of chance of speculation.
whoever bought can only wait for next commodity rally, then benefit the most. Patient is key. But now talk all these are useless, market down, just trade with trend, once market stop selling, and see what price is wilmar, then load bah.
|
|
|
|
