Shares & Derivatives
Wilmar Intl – Update! Indeed, she has gone down to touch 3.50 and closed at 3.51, 3 black crows I think a technical rebound is likely to happen!
By Singapore Stocks Sharing  •  October 17, 2023
The director recently has  bought back share from 3.60+ to 3.70 , it might be an indication price is attractive! Chart wise, bearish mode! Indeed, she has gone down to touch 3.50 I think short term wise,  likely to see a technical rebound! At 3.51, yield is about 4.84% for this blue chips commodity counter I think the yield is quite decent! She will be reporting her 3rd quarter results on 26th October . Not a call to buy or sell! Pls dyodd. Wah, crucial moment! I think is good to monitor and wait for market confirmation! Yearly dividend is 17 cents. Yield is 4.73%. NAV 4.22. Pls dyodd. TA wise,  bearish mode! If 3.60 cannot hold the high chance she will go down to test 3.53/3.50. Breaking down of 3.50 plus high volume we may likely see her going down to test 3.28 than 3.00 and 2.94. Pls dyodd. Wilmar Intl  - Results is out Net profit is down 52.7% to 550m, Total Revenue is down 10% to 32538m. Declared same interim dividend of 6 cents....
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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