Wilmar Intl
Last:3.09
+0.03
Wilmar - Watch for a Strong Rally to Come!
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821-840 of 1250
It time to shoot up today!
Octavia ( Date: 14-Jan-2013 16:47) Posted:
Indeed it retested $3.64 today as predicted.Once this resistance is cleared I think it will shoot up very fast.
Octavia ( Date: 10-Jan-2013 16:31) Posted:
| If you notice there was resistance at $3.64 on 03 Jan,07 Jan and 10 Jan 13(i.e today).Do you think it will retest or break through sometime on 14 or 15 Jan 13? |
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Indeed it retested $3.64 today as predicted.Once this resistance is cleared I think it will shoot up very fast.
Octavia ( Date: 10-Jan-2013 16:31) Posted:
| If you notice there was resistance at $3.64 on 03 Jan,07 Jan and 10 Jan 13(i.e today).Do you think it will retest or break through sometime on 14 or 15 Jan 13? |
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Ya,Wilsmar seems to be quite bullish and resilient of late.
marubozu1688 ( Date: 13-Jan-2013 23:11) Posted:
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Just need to watch the next move for Wilmar after seeing both bearish and bullish pattern.
http://mystocksinvesting.com/singapore-stocks/wilmar-international/wilmar-pulling-back-soon/ Octavia ( Date: 10-Jan-2013 16:31) Posted:
| If you notice there was resistance at $3.64 on 03 Jan,07 Jan and 10 Jan 13(i.e today).Do you think it will retest or break through sometime on 14 or 15 Jan 13? |
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If you notice there was resistance at $3.64 on 03 Jan,07 Jan and 10 Jan 13(i.e today).Do you think it will retest or break through sometime on 14 or 15 Jan 13?
Might be a good chance to buy now...
Octavia ( Date: 09-Jan-2013 17:09) Posted:
I missed the boat at $3.57.This stock is on the roll..I think it still have upside.
freezy_81 ( Date: 09-Jan-2013 16:56) Posted:
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I missed the boat at $3.57.This stock is on the roll..I think it still have upside.
freezy_81 ( Date: 09-Jan-2013 16:56) Posted:
Sold @ 3.58
freezy_81 ( Date: 09-Jan-2013 12:58) Posted:
| Haha...guess its my lucky day |
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Sold @ 3.58
freezy_81 ( Date: 09-Jan-2013 12:58) Posted:
Haha...guess its my lucky day.
gavinl ( Date: 09-Jan-2013 11:09) Posted:
| Bro u r very chun. Into profit for cny already. : |
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Haha...guess its my lucky day.
gavinl ( Date: 09-Jan-2013 11:09) Posted:
Bro u r very chun. Into profit for cny already. :D
freezy_81 ( Date: 08-Jan-2013 17:02) Posted:
Brought some @ 3.47
Any target price? |
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Bro u r very chun. Into profit for cny already. :D
freezy_81 ( Date: 08-Jan-2013 17:02) Posted:
Brought some @ 3.47
Any target price? |
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Cannot tahan again, had covered back all shorts @ 3.52. Good luck to all players.
gavinl ( Date: 03-Jan-2013 16:28) Posted:
Hahaha,cant tahan,just cfd shorted quite a fair bit @ 3.59.
guoyanyunyan ( Date: 03-Jan-2013 15:40) Posted:
that is an expression of wisdom  |
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Brought some @ 3.47
Any target price?
If europe and dow red again,maybe tomorrow may get 3.42.
gavinl ( Date: 08-Jan-2013 09:30) Posted:
3.42 my target. Come come come.
gavinl ( Date: 08-Jan-2013 09:19) Posted:
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3.42 my target. Come come come.
gavinl ( Date: 08-Jan-2013 09:19) Posted:
Hahaha,into profit again.
gavinl ( Date: 08-Jan-2013 09:18) Posted:
Phillip Securities downgrades Wilmar (F34.SG) to Neutral from Accumulate as the stock’s recent gains suggest limited upside. “Based on our estimates, Wilmar is trading at an estimated FY13E P/E of 14.5x, which is in line with its five-year average of 14.4x.”
The house raises its target to $3.70 from $3.47, based on 14.0x PER blended with DCF from the previous 13.0x FY13 PER.
Phillip expects CPO prices to continue gaining strength in 1Q13 before fading gradually heading into 2Q13 amid seasonally weak CPO demand, stronger CPO supply production in both Malaysia and Indonesia and the record high palm-oil stockpile at 2013’s start.
But while Wilmar’s revenue may fall, it doesn’t expect lower edible-oil prices to have much of a negative impact on the company as it is a significant downstream player, which may benefit from the lower feedstock prices. Wilmar is up 0.3% at $3.60. |
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Hahaha,into profit again.
gavinl ( Date: 08-Jan-2013 09:18) Posted:
Phillip Securities downgrades Wilmar (F34.SG) to Neutral from Accumulate as the stock’s recent gains suggest limited upside. “Based on our estimates, Wilmar is trading at an estimated FY13E P/E of 14.5x, which is in line with its five-year average of 14.4x.”
The house raises its target to $3.70 from $3.47, based on 14.0x PER blended with DCF from the previous 13.0x FY13 PER.
Phillip expects CPO prices to continue gaining strength in 1Q13 before fading gradually heading into 2Q13 amid seasonally weak CPO demand, stronger CPO supply production in both Malaysia and Indonesia and the record high palm-oil stockpile at 2013’s start.
But while Wilmar’s revenue may fall, it doesn’t expect lower edible-oil prices to have much of a negative impact on the company as it is a significant downstream player, which may benefit from the lower feedstock prices. Wilmar is up 0.3% at $3.60. |
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Phillip Securities downgrades Wilmar (F34.SG) to Neutral from Accumulate as the stock’s recent gains suggest limited upside. “Based on our estimates, Wilmar is trading at an estimated FY13E P/E of 14.5x, which is in line with its five-year average of 14.4x.”
The house raises its target to $3.70 from $3.47, based on 14.0x PER blended with DCF from the previous 13.0x FY13 PER.
Phillip expects CPO prices to continue gaining strength in 1Q13 before fading gradually heading into 2Q13 amid seasonally weak CPO demand, stronger CPO supply production in both Malaysia and Indonesia and the record high palm-oil stockpile at 2013’s start.
But while Wilmar’s revenue may fall, it doesn’t expect lower edible-oil prices to have much of a negative impact on the company as it is a significant downstream player, which may benefit from the lower feedstock prices. Wilmar is up 0.3% at $3.60.
if unable to hold at $3.55, wilmar is more likely to head lower, toward $3.4x??
Wilmar International, the worst performing stock on Singapore’s Straits Times Index in 2012, may extend its slide this year as investors favor agricultural companies that rely less on trading.
Wilmar, the world’s largest palm oil processor, lost 33% last year, its third annual drop in a row, as profit missed analysts’ estimates in three of the four quarterly reports issued during the year. The company’s stock may fall 6.4%, based on the average of 21 analysts’ 12-month target prices compiled by Bloomberg.
The company slumped as commodities including palm oil and sugar declined last year. The questioning of Olam International Ltd.’s accounts by short-seller Carson Block’s Muddy Waters LLC made some wary of buying into agricultural companies, even as a growing global population fuels demand for food. Some investors and analysts also highlight that producers engaging in trading activities potentially carry more risk.
“The concept of agriculture and food resources is absolutely a valid concept,” said Hugh Young, who helps manage about $70 billion of Asian equities at Aberdeen Asset Management Asia in Singapore and doesn’t hold Wilmar or Olam. “Some are trading companies with which we feel naturally a little uncomfortable because the trades can go both ways.”
Wilmar’s slide compares with a 20% gain for Singapore’s benchmark index in 2012. Olam, which was targeted by Block in November, lost 27% last year, its second straight yearly loss and the second-worst performance on Singapore’s main index. Wilmar and Olam, both based in Singapore, declined to comment on their share price performance.
EARNINGS SLUMP
Wilmar gained 0.6% to $3.61 as of 10:02 a.m. in Singapore today, compared with a 0.3% increase in the Straits Times index.
Analysts have a 12-month price target of $3.38 on average. Seven analysts recommend selling Wilmar stock, nine advise buying it and 11 rate it hold.
Profit at Wilmar may have shrunk 31% to US$1.1 billion ($1.35 billion) in the year ended Dec. 31, the lowest since 2007, according to 21 analyst estimates compiled by Bloomberg. The company may post net income of US$1.35 billion this year, still 16% lower than 2011, according to the average of 21 analyst estimates compiled by Bloomberg.
Analysts such as DBS Group Holdings Ltd.’s Ben Santoso still expect a weak contribution from Wilmar’s oilseeds unit this year, which processes soybeans into meal and oil, after it posted losses in the first half of 2012. The loss was partly blamed on bad timing of bean purchases.
Margins on processing soybeans, known as crushing, will probably “return back to positive territory but it’s not going to be a major driver,” Santoso said by phone from Singapore. Overcapacity in the industry will continue to affect the unit’s profitability, he said.
it will be hard to sustain above 160 cents
So far the morning high is $3.64, same as the high 2 days
ago.
Now a bit soften, let’s see any strength …
