/> ShareJunction - Member Posts
logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back

Latest Posts By Lucky03 - Elite      About Lucky03
First   < Newer   2201-2207 of 2207   Last  

21-Sep-2013 15:41 Wilmar Intl   /   Wilmar - Watch for a Strong Rally to Come!       Go to Message
x 0
x 0 		Thanks, Sealteam6. Great info ! I'll be looking to enter :)

Sealteam6      ( Date: 21-Sep-2013 14:48) Posted:

All commo traders do benefit when commo price is high, bcos they can extract higher margin been middleman as they sell forward their estimated stocks while sourcing their stocks at the same time. There can never be perfect hedge as there is always the time lags of few days. As commo price decline, the margin that thy can extract oso thin out. That's how commo traders are affected by the commo trades. Not to worry abt the fakes, most of their china sales are done in bulk to their arranged buyers who have done biz w them for sometime already. Their sugar sales is still in their infancy stage. Will be encouraging but not fantastic yet. Major turnaround story on sales & earnings driver will still be centered ard its soya meal & oil sales in china as china hog & poutry demand stabilize & picks up from the bird flu. Too bad they did not do arbitrage w their soya meal by exporting more, if not thy can soften the impact of the bird flu during the 2nd q

Lucky03      ( Date: 21-Sep-2013 14:06) Posted:

Looks like I got the economic of commodity player like Wilmar wrong as my opinion was that rising commodity prices will be good for Wilmar. Apparently not quite true according to Investor Central ? See the link below :

http://sg.finance.yahoo.com/news/wilmar-international-ltd-catch-second-080000620.html


Good Post  Bad Post 
21-Sep-2013 14:17 Wilmar Intl   /   Wilmar - Watch for a Strong Rally to Come!       Go to Message
x 0
x 0 		Just visited the Chinese site - http://www.oilcn.com/

Looks like the Chinese market is still tough. Wilmar brand for cooking oil in China is 金 龙 鱼 and they have issues with fakes on the market. Looks like their rising star is the recovery of the sugar price as palm oil recovery is still some way to go.
Good Post  Bad Post 
21-Sep-2013 14:06 Wilmar Intl   /   Wilmar - Watch for a Strong Rally to Come!       Go to Message
x 0
x 0 		Looks like I got the economic of commodity player like Wilmar wrong as my opinion was that rising commodity prices will be good for Wilmar. Apparently not quite true according to Investor Central ? See the link below :

http://sg.finance.yahoo.com/news/wilmar-international-ltd-catch-second-080000620.html
Good Post  Bad Post 
21-Sep-2013 13:30 Wilmar Intl   /   Wilmar - Watch for a Strong Rally to Come!       Go to Message
x 0
x 0 		Good observation. Funds today are running wild and making speculative trades or betting on spread of a tight range given their short term horizon and almost negligible fees. There are hardly serious mid to long term investors. However, they do get burnt at times, like the Minzhong case you mentioned. Oei Hong Leong just got limelight again for suing Goldman Sach for losing S$38m in less than a mth betting on Brazilian Real-Japanes Yen trade when he was caught off guard when Benanke announced plan to taper QE. Nothing compared to what he sued Citi Group in 2008 for S$1B ! These guys simply believe they can move the market with piles of cash that they are managing. They can't control the macro picture. So we should still pay attention to the real market (not just the SGX market) for guidance as they will eventually set the course.

Sealteam6      ( Date: 21-Sep-2013 12:50) Posted:

If big sellers are there, looking at the other way, I also can say there are big buyers taking the sales. The truth is it's the same parties doing flipping up & dn with respect to china & HSI index. Left to right pocket, then later back right to left again. Do you believed for so long that funds have not sold out on wilmar? Wilmar have been ard this price range for how long? 6-8 mths? I think more than that.... The only way for wilmar to break out from this range is for the company to do something, mayb forcefully share buyback? Bcos you need to screw the funds doing this, these guys only answer to pain, and pain is through margin call like the deal done between minzhong & indofood. Do you believe indofood is so stupid to aquire minzhong at 1.12, with the price b4 hand is at 60+c? As a company aquirer, thy can just put up 70+c offer price & let the debacle drag on. Looking at the rebuttal of minzhong, it's weak rebuttal. Indofood can wait out for 6 mths, by which time, I dnt believe they cannot GO the company at a cheaper price. All this hanky panky stuff is happening, it's only do they wan to do it to screw the guys rigging their companies shares. However, with financing needs in mind, I doubt wilmar will do extra to benefit their shares.

jackson5      ( Date: 21-Sep-2013 11:23) Posted:

There were always big sellers at this price level. Some BBs still have a lot to offload.


Good Post  Bad Post 
21-Sep-2013 12:00 Wilmar Intl   /   Wilmar - Watch for a Strong Rally to Come!       Go to Message
x 0
x 0 		I'm watching its 50d, 100d and 200d MA for the timing. 50d MA is already turning but will have to see the 100d MA making a turn or at least stop descending.
Good Post  Bad Post 
21-Sep-2013 11:09 Wilmar Intl   /   Wilmar - Watch for a Strong Rally to Come!       Go to Message
x 0
x 0 		Perhaps this is a good window then for collection at every dip. Thanks for sharing :)

Sealteam6      ( Date: 21-Sep-2013 09:57) Posted:

Wilmar play this yr is on view that their china soya crushing margins will recover, actually it has & it's stablizing. The sugar biz is slowly picking up this q, w reference to sugar price action, I will say it's encouraging. Palm price will not rebound at least through this yr. however upstream only takes abt 25% of their sales. The main problem w this stock is, there are so little players left that it is easily rigged by 1 or 2 small size funds. Retail participation have been of non existence bcos there trading range have been so tight with little upside expectation.
Good Post  Bad Post 
20-Sep-2013 18:58 Wilmar Intl   /   Wilmar - Watch for a Strong Rally to Come!       Go to Message
x 0
x 0 		I believe there is correlation between commodity price and inflation. Watch out for Oct when US FED finally has to taper QE which many expect will cause interest rate to spike and hence possibly trigger a certain degree of inflation. If commodity prices indeed rise, then commodity stocks such as Wilmar may rise in tandem. If China economy recovers strongly and they succeeded in making consumption driven economy in place of export driven, that may spell double happiness for Wilmar. Will watch for good entry point to hold.
Good Post  Bad Post 
First   < Newer   2201-2207 of 2207   Last  



ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.