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Wilmar - Watch for a Strong Rally to Come! Post Reply Rate topic
Lucky03 Elite	21-Sep-2013 14:17        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.
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Lucky03 Elite	21-Sep-2013 14:06        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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
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Lucky03 Elite	21-Sep-2013 13:30        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.
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Sealteam6 Member	21-Sep-2013 12:54        Sealteam6 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's not only wilmar, its all the blue chips during market close matching. It's quarter end options & futures closing. Happening every 3rd week friday of every quarter. jackson5      ( Date: 21-Sep-2013 12:42) Posted: More than 3 m shares , sold at 3.18 at yesterday closing .
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Sealteam6 Member	21-Sep-2013 12:50        Sealteam6 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.
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jackson5 Master	21-Sep-2013 12:42        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	More than 3 m shares , sold at 3.18 at yesterday closing .
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Lucky03 Elite	21-Sep-2013 12:00        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.
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jackson5 Master	21-Sep-2013 11:23        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There were always big sellers at this price level. Some BBs still have a lot to offload.
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Lucky03 Elite	21-Sep-2013 11:09        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.
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Sealteam6 Member	21-Sep-2013 09:57        Sealteam6 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.
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Lucky03 Elite	20-Sep-2013 18:58        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.
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Octavia Supreme	18-Sep-2013 09:04        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 1  Alert Admin	Fund manager buying into wilmar. 1034000 shares traded at 3.213.
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dicalp Member	17-Sep-2013 09:19        dicalp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Weeeee .... Free fall. Huat again! :))
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dicalp Member	17-Sep-2013 09:12        dicalp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks. Run when got sufficient profit. That's the key to making money.
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beginners Veteran	16-Sep-2013 22:33        beginners About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi bro congrates for taking profits. Today I didn't manage to do any trades. My boss throw me a lot of shit jobs. No time to monitor too:(
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dicalp Member	16-Sep-2013 19:16        dicalp About Contact  Quote this Post!
x 0   x 0  Alert Admin	35k in pocket from hankore 0.7 cts. Now to concentrate on Wilmar shorting.
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dicalp Member	16-Sep-2013 16:40        dicalp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Did u short? :)) Short Wilmar buy hankore. Huat ar! Haha
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dicalp Member	16-Sep-2013 09:14        dicalp About Contact  Quote this Post!
x 0   x 1  Alert Admin	Yes short now. Will go back 3.20 by end of day. Earn 4 bids.
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beginners Veteran	13-Sep-2013 19:26        beginners About Contact  Quote this Post!
x 0   x 0  Alert Admin	In fact it's has been going up and down for few months. Small range of 3.10+ to 3.15+ both direction also can earn little profits.
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dicalp Member	13-Sep-2013 17:49        dicalp About Contact  Quote this Post!
x 0   x 0  Alert Admin	I shorted this stock. It will go back to $3.
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