Post Reply
821-840 of 919
adani share price up > 20% . adani wilmar up almost 5%
really nothing to do with wilmar. life and business as usual on the ground.
just a financial market over reactions both ways.
hope price can continue to go up. short sellers using low hand method to reach
their means for profit beaten pain pain.
weather adani case is real or not. if it goes down it will hit the jobs of many workers.
really nothing to do with wilmar. life and business as usual on the ground.
just a financial market over reactions both ways.
hope price can continue to go up. short sellers using low hand method to reach
their means for profit beaten pain pain.
weather adani case is real or not. if it goes down it will hit the jobs of many workers.
Ya, Adani meltdown .... Indian rupee has fallen against all its Asian peers over the period.....
tongphlp ( Date: 07-Feb-2023 16:00) Posted:
|
I will try to add more at discounted price
affected by Adani...can' t be helped..
FATABA ( Date: 07-Feb-2023 13:30) Posted:
|
caught some at 4 . now still down :( ha.
seems like going to be a long day.... :)
seems like going to be a long day.... :)
Going back to below $4
tongphlp ( Date: 07-Feb-2023 11:07) Posted:
|
it' s heading.....down...
actan99 ( Date: 02-Feb-2023 23:58) Posted:
|
Bro thanks for sharing this ....I just hope the public view it the same . So far dont seem to be supported w result on 21st Feb after mkt close .
Let see. Dyodd
Let see. Dyodd
aragosta ( Date: 03-Feb-2023 20:13) Posted:
|
Hope Adani doesn' t impact Wilmar too much.
The Big Short.....
Adani Wilmar dropped to Rs 399.95 today.
End Nov 2022 it was Rs628.50
" Adani Wilmar IPO shares were listed on stock exchanges on January 8, 2022. On the listing date, Adani Wilmar Limited' s shares closed at Rs 265.20 against the IPO issue price of Rs 230. The listing day gain was Rs 35.20.
Since listing, Adani Wilmar share prices have tripled and gained over Rs 470. The share price on May 27 was at Rs 703 on BSE" .
Read that Temasek is an investor in Adani Ports.
FATABA ( Date: 03-Feb-2023 16:14) Posted:
|
Thanks for sharing. Errrr never think much abt DK ....or he dont hv to pack n go HK
Anyway ....not sure about adani group ....but Wilmar should be well support by Msia b bro .
Just hope it wld not be pull down due to this episode .
Dyodd
Anyway ....not sure about adani group ....but Wilmar should be well support by Msia b bro .
Just hope it wld not be pull down due to this episode .
Dyodd
CheeryVGoh ( Date: 03-Feb-2023 15:49) Posted:
|
https://youtu.be/YWBAeUv7htg
FATABA ( Date: 03-Feb-2023 11:04) Posted:
|
wonder how much wld Adani affect Wilmar India ? anyone ?
they have lots of firepower...
actan99 ( Date: 02-Feb-2023 23:58) Posted:
|
Fair value $3.35 currenty 22.7% overvalued.
actan99 ( Date: 02-Feb-2023 23:58) Posted:
|
Buy the dip ?
So lately wilmar got do heavy share buy back bo ?
They still got alot of firepower to buyback shares right?
So lately wilmar got do heavy share buy back bo ?
They still got alot of firepower to buyback shares right?
To the stars!
Joelton ( Date: 01-Feb-2023 09:18) Posted:
|
Singapore&rsquo s Wilmar to stand by its joint venture with Adani Group
The joint venture, Adani Wilmar, was incorporated in 1999, and is now one of India&rsquo s fastest-growing packaged food companies.
KUALA LUMPUR &ndash Singapore-listed Wilmar International will continue to support its joint venture with India&rsquo s Adani Group, saying a report from short-seller Hindenburg Research has not raised any issues specific to the unit.
The day-to-day operations of Adani Wilmar are managed by an independent team of professional managers and the board is chaired by an independent director, Wilmar said in response to questions from Bloomberg News.
In running the venture, Wilmar contributes expertise on the commodity and consumer food product businesses, while Adani provides local logistical and regulatory support, the agribusiness giant said on Tuesday.
The sprawling Adani Group, controlled by Indian tycoon Gautam Adani, has been rocked to its core in recent days after Hindenburg accused the conglomerate of widespread corporate malfeasance, including market manipulation and accounting fraud, in a bitter showdown that has riveted investors worldwide.
The allegations have erased more than US$72 billion (S$94.6 billion) in market value of the conglomerate this week despite a lengthy rebuttal from the Adani Group.
&ldquo We will continue to support our Indian associate,&rdquo said Wilmar, adding that Adani Wilmar, which was recently listed on India&rsquo s National Stock Exchange and Bombay Stock Exchange, had undergone a full initial public offering process under the scrutiny of regulators.
The joint venture was incorporated in 1999, and is now one of India&rsquo s fastest-growing packaged food companies, supplying essentials such as edible oil, wheat flour, rice, pulses and sugar.
Despite Wilmar&rsquo s supportive comments, shares in Adani Wilmar dropped again on Tuesday, losing ground together with other Adani-linked stocks. Adani Wilmar fell 5 per cent on Tuesday, with losses over the past four sessions nearing 19 per cent.
Wilmar&rsquo s response comes as Abu Dhabi&rsquo s International Holding Company pledged to invest about US$400 million in a follow-on share sale at Adani Enterprises, voicing confidence in the billionaire&rsquo s businesses despite the market turmoil.
wilmar only talk about adanis wilmar. wilmar known to be prudent conservative manager of their
business. if not they have gone asset light already. if that happen debts go down, growth gpo faster and
eps and dps will go up.
any way the type of hoax issue by shorties will become less and less effective as a way
to press down price.
money always exceed the number of shares issue.
if owner has enough resources they can always
catch the shorties with money, news and measures.
all business must get these ready for one do not know when these crazy short fund will attack.
business. if not they have gone asset light already. if that happen debts go down, growth gpo faster and
eps and dps will go up.
any way the type of hoax issue by shorties will become less and less effective as a way
to press down price.
money always exceed the number of shares issue.
if owner has enough resources they can always
catch the shorties with money, news and measures.
all business must get these ready for one do not know when these crazy short fund will attack.
tongphlp ( Date: 01-Feb-2023 07:59) Posted:
|
If Wilmar dares to standby behind Adani, guess how deep their pockets are.....
Adrianinsing ( Date: 01-Feb-2023 07:44) Posted:
|
Risky if this nightmare gets worse
tongphlp ( Date: 01-Feb-2023 07:44) Posted:
|