Technical Analysis
Wilmar goes into China property and price plunges
By Investment Moats  •  January 4, 2011

Is this a good opportunity to get into Wilmar? I probably will have a hard time valuing it but for those investors who always thought Wilmar was too expensive, this is an opportunity.

But is this a foolish move? When a company diversify into another industry, most of the time it became worse.

Wilmar goes into China property and price plunges wilmaro

This is a 3 years price chart. Support can be found at $5.30 to $5.10 region. What do you guys think?

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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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