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Wilmar - Watch for a Strong Rally to Come! Post Reply Rate topic
CheeryVGoh Supreme	20-Aug-2020 13:07        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	SGX annoucement : - SALE OF SHARES IN WILMAR INTERNATIONAL LIMITED BY ARCHER DANIELS MIDLAND COMPANY  Wilmar International Limited (&ldquo Wilmar&rdquo or the &ldquo Company&rdquo ) refers to the volatility in the Company&rsquo s share price today and wishes to refer investors to the press release issued by Archer Daniels Midland Company (&ldquo ADM&ldquo ) today (https://www.adm.com/news/news-releases/adm-announces-pricing-of-itssecondary-block-trade-of-ordinary-shares-of-wilmar-international-limited-wilmar-and-concurrentoffering-of-us-300-000-000-zero-coupon-exchangeable-bonds-due-2023-exchangeable-for-wilmarordinary-shares) and media reports on the sale by ADM of 170.5 million Wilmar shares, representing 2.68% of the total issued share capital of Wilmar, which have been priced and placed at S$4.40 per share and to ADM&rsquo s stock-borrow arrangement in respect of its Wilmar shares in connection with its offering of US$300,000,000 zero coupon exchangeable bonds. ADM has stated in its press release that it will retain at least 20% of its equity interest in Wilmar after giving effect to the abovementioned transactions. Other than the aforesaid transactions mentioned in the ADM press release, the Company is not aware of any other reason for the volatility in the Company&rsquo s share price today. With regard to the proposed listing of Yihai Kerry Arawana Holdings Co., Ltd (&ldquo YKA&rdquo ), a 99.99%-owned subsidiary of Wilmar, incorporated in the People&rsquo s Republic of China, on the Shenzhen Stock Exchange (&ldquo SZSE&rdquo ) ChiNext Board, as announced by the Company on 10 August 2020, YKA has submitted an updated prospectus to the China Securities Regulatory Commission (&ldquo CSRC&rdquo ) for final registration approval for listing on the SZSE ChiNext Board. Final registration approval from CSRC is still pending. The Company will make further announcements of any material developments as and when appropriate. Issued by WILMAR INTERNATIONAL LIMITED 20 August 2020  FATABA      ( Date: 20-Aug-2020 13:06) Posted: Cheery ...thanks .....which is wha I am woried about .  Why there is another 86M at 10.05:50 ....was this the same one sold by ADM  ( which I dont thk so ) ....sold by another party ?  ( who has so large a volume to sell off today )  So the 170.5 m Bloomberg reported is done privately which most likely is .....then those few large M deal done today is very worrying  Just by view  Dyodd CheeryVGoh      ( Date: 20-Aug-2020 13:00) Posted: Bro Fataba, Already reached USD500m by married deal at $4.40 170.5m x 4.4 is S$750.20, using exch rate of approx 1.36 = US$551m  (Bloomberg) -- ADM said its ADM Ag Holding and Archer  Daniels Midland Asia-Pacific sold 170.5 million ordinary shares of Wilmar at a price of S$4.40 per Wilmar Share, raising the  equivalent of about $550m.
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FATABA Supreme	20-Aug-2020 13:06        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Cheery ...thanks .....which is wha I am woried about .  Why there is another 86M at 10.05:50 ....was this the same one sold by ADM  ( which I dont thk so ) ....sold by another party ?  ( who has so large a volume to sell off today )  So the 170.5 m Bloomberg reported is done privately which most likely is .....then those few large M deal done today is very worrying  Just by view  Dyodd CheeryVGoh      ( Date: 20-Aug-2020 13:00) Posted: Bro Fataba, Already reached USD500m by married deal at $4.40 170.5m x 4.4 is S$750.20, using exch rate of approx 1.36 = US$551m  (Bloomberg) -- ADM said its ADM Ag Holding and Archer  Daniels Midland Asia-Pacific sold 170.5 million ordinary shares of Wilmar at a price of S$4.40 per Wilmar Share, raising the  equivalent of about $550m. FATABA      ( Date: 20-Aug-2020 12:35) Posted: This deal wld be approx S$378M ,....which is still short of the U$500m ( aro S$700m) as per ADM wish  Half day mkt vol is 211M meaning there are more dumping going on .....why ADM is not making a total deal w Wilmar ?  ( of course if Wilmar boss dont feel this is the right price even if SZ listing ? )  who are the other sellers ?  DYODD
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CheeryVGoh Supreme	20-Aug-2020 13:00        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Bro Fataba, Already reached USD500m by married deal at $4.40 170.5m x 4.4 is S$750.20, using exch rate of approx 1.36 = US$551m  (Bloomberg) -- ADM said its ADM Ag Holding and Archer  Daniels Midland Asia-Pacific sold 170.5 million ordinary shares of Wilmar at a price of S$4.40 per Wilmar Share, raising the  equivalent of about $550m. FATABA      ( Date: 20-Aug-2020 12:35) Posted: This deal wld be approx S$378M ,....which is still short of the U$500m ( aro S$700m) as per ADM wish  Half day mkt vol is 211M meaning there are more dumping going on .....why ADM is not making a total deal w Wilmar ?  ( of course if Wilmar boss dont feel this is the right price even if SZ listing ? )  who are the other sellers ?  DYODD  FATABA      ( Date: 20-Aug-2020 10:07) Posted: 10:05:50 4.400 85,989,700 Married Deal This sell down dont SEEM to stop here ...high volume and all the bad news . DYODD
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AttasBoss Elite	20-Aug-2020 12:55        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.sgx.com/mobileapp?action=view&cat=company-announcements&id=U4UDUQ4F8IYWDEBR
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FATABA Supreme	20-Aug-2020 12:35        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	This deal wld be approx S$378M ,....which is still short of the U$500m ( aro S$700m) as per ADM wish  Half day mkt vol is 211M meaning there are more dumping going on .....why ADM is not making a total deal w Wilmar ?  ( of course if Wilmar boss dont feel this is the right price even if SZ listing ? )  who are the other sellers ?  DYODD  FATABA      ( Date: 20-Aug-2020 10:07) Posted: 10:05:50 4.400 85,989,700 Married Deal This sell down dont SEEM to stop here ...high volume and all the bad news . DYODD
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AttasBoss Elite	20-Aug-2020 12:26        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	will this be the classic buy opportunity when panic selling? those mid term buyer from 28jul just sold  to secure profit if cant hold. lets see tomorrow will rebounce or not
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CheeryVGoh Supreme	20-Aug-2020 12:12        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	ADM already done the married deal at S$4.40, so the amount of USD500M that they are raising already fullfilled.   bigbang10      ( Date: 20-Aug-2020 11:27) Posted: yeaps i preparing ammo to load soon. Wait for ADM to unload finish 1st. They selling wil have spooked the mkt..so retailers mus be dumping also. monitor n get ready to scoop. CheeryVGoh      ( Date: 20-Aug-2020 11:11) Posted: Is this an opportunity to collect
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moonsun Veteran	20-Aug-2020 11:52        moonsun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow... why the sudden plunge ?
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bigbang10 Veteran	20-Aug-2020 11:50        bigbang10 About Contact  Quote this Post!
x 0   x 0  Alert Admin	slowly load if wana go in. over a few batches at different prices.
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flylow6 Senior	20-Aug-2020 11:46        flylow6 About Contact  Quote this Post!
x 0   x 0  Alert Admin	let the selling stop first... can go either way
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CheeryVGoh Supreme	20-Aug-2020 11:45        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	So ADM already raised the amount of $500m thru the married deal.   beefy7      ( Date: 20-Aug-2020 11:33) Posted: ADM did a married deal , didn' t dump to market. Probbaly just retails scared and people taking chance to short. Time to load!! chart_expert123      ( Date: 20-Aug-2020 11:25) Posted: If ADM sold to a investor, it will be not so bad. if just dump into public market, market cannot digest, price will just free falling. Today price reflect
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CheeryVGoh Supreme	20-Aug-2020 11:37        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	[BENGALURU] Grain trader Archer Daniels Midland Co (ADM) said on Wednesday it plans to sell shares and bonds in Singapore-based Wilmar International with a combined value of US$800 million. ADM, which is one of Wilmar' s largest shareholders, added that it expects to retain at least a 20 per cent stake in the agribusiness firm. The company had a 24.6 per cent effective stake in Wilmar as of March 4, according to Refinitiv. Two of ADM' s units will undertake the proposed sale of Wilmar' s ordinary shares for about US$500 million pursuant to a secondary block trade agreement with a syndicate of managers, the Chicago-based company said.   ADM added that unit ADM Ag Holding also aims to conduct an offering of about US$300 million worth of bonds outside the United States. SEE ALSO Wilmar' s net profit, excluding discontinued ops, up 38.7% in H1 ADM expects to use the net proceeds from the block trade for meeting its working capital requirements, funding its capital expenditures and a possible buyback. Wilmar did not immediately respond to a request for comment. REUTERS
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AttasBoss Elite	20-Aug-2020 11:33        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	willing buyer willing seller at $4.40, considering huge block of sales $4.40 still ok as a base price
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beefy7 Member	20-Aug-2020 11:33        beefy7 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ADM did a married deal , didn' t dump to market. Probbaly just retails scared and people taking chance to short. Time to load!! chart_expert123      ( Date: 20-Aug-2020 11:25) Posted: If ADM sold to a investor, it will be not so bad. if just dump into public market, market cannot digest, price will just free falling. Today price reflect. FATABA      ( Date: 20-Aug-2020 11:16) Posted: I am not sure ....but I am more cautious then pick up .....Wilmar has rise from 3 to aro 5 .....with just news of a listing  Fundamental base on its cooking oil .  I certainly dont think this listing justify the $2 rise ....but this is the market . ADM is a large player and it is choosing this timing to sell ?  really bad where a listing is coming up ?  200m  over shares dump ....tmr is a Friday . Personally I will wait n see .....that is me .  DYOD
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tt1010880 Senior	20-Aug-2020 11:28        tt1010880 About Contact  Quote this Post!
x 0   x 0  Alert Admin	BUY THE DIPS??? bigbang10      ( Date: 20-Aug-2020 11:27) Posted: yeaps i preparing ammo to load soon. Wait for ADM to unload finish 1st. They selling wil have spooked the mkt..so retailers mus be dumping also. monitor n get ready to scoop. CheeryVGoh      ( Date: 20-Aug-2020 11:11) Posted: Is this an opportunity to collect
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bigbang10 Veteran	20-Aug-2020 11:27        bigbang10 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yeaps i preparing ammo to load soon. Wait for ADM to unload finish 1st. They selling wil have spooked the mkt..so retailers mus be dumping also. monitor n get ready to scoop. CheeryVGoh      ( Date: 20-Aug-2020 11:11) Posted: Is this an opportunity to collect? FATABA      ( Date: 20-Aug-2020 10:07) Posted: 10:05:50 4.400 85,989,700 Married Deal This sell down dont SEEM to stop here ...high volume and all the bad news . DYODD
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chart_expert123 Master	20-Aug-2020 11:25        chart_expert123 About Contact  Quote this Post!   Yells: "Only buy stock with revenue or net cash flow growth!!!!"
x 0   x 0  Alert Admin	If ADM sold to a investor, it will be not so bad. if just dump into public market, market cannot digest, price will just free falling. Today price reflect. FATABA      ( Date: 20-Aug-2020 11:16) Posted: I am not sure ....but I am more cautious then pick up .....Wilmar has rise from 3 to aro 5 .....with just news of a listing  Fundamental base on its cooking oil .  I certainly dont think this listing justify the $2 rise ....but this is the market . ADM is a large player and it is choosing this timing to sell ?  really bad where a listing is coming up ?  200m  over shares dump ....tmr is a Friday . Personally I will wait n see .....that is me .  DYODD CheeryVGoh      ( Date: 20-Aug-2020 11:11) Posted: Is this an opportunity to collect
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CheeryVGoh Supreme	20-Aug-2020 11:24        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	6 out of 6 houses said to buy and at average Target Price of about 5.17. If ADM needs capital for expansion, for meetiing its  working capital requirements , repaying their debts, then it is ok.  Ya, wait and see, see how the afternoon market goes.  FATABA      ( Date: 20-Aug-2020 11:16) Posted: I am not sure ....but I am more cautious then pick up .....Wilmar has rise from 3 to aro 5 .....with just news of a listing  Fundamental base on its cooking oil .  I certainly dont think this listing justify the $2 rise ....but this is the market . ADM is a large player and it is choosing this timing to sell ?  really bad where a listing is coming up ?  200m  over shares dump ....tmr is a Friday . Personally I will wait n see .....that is me .  DYODD CheeryVGoh      ( Date: 20-Aug-2020 11:11) Posted: Is this an opportunity to collect
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FATABA Supreme	20-Aug-2020 11:16        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I am not sure ....but I am more cautious then pick up .....Wilmar has rise from 3 to aro 5 .....with just news of a listing  Fundamental base on its cooking oil .  I certainly dont think this listing justify the $2 rise ....but this is the market . ADM is a large player and it is choosing this timing to sell ?  really bad where a listing is coming up ?  200m  over shares dump ....tmr is a Friday . Personally I will wait n see .....that is me .  DYODD CheeryVGoh      ( Date: 20-Aug-2020 11:11) Posted: Is this an opportunity to collect? FATABA      ( Date: 20-Aug-2020 10:07) Posted: 10:05:50 4.400 85,989,700 Married Deal This sell down dont SEEM to stop here ...high volume and all the bad news . DYODD
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soonsoonhuat Veteran	20-Aug-2020 11:12        soonsoonhuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	y the selldown?
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