19.54BMarket Cap9.26P/E (TTM)
3.170High3.120Low8.71MVolume3.130Open3.120Pre Close27.34MTurnover3.55052wk High0.50%Turnover Ratio6.24BShares2.90052wk Low0.338EPS TTM5.48BFloat Cap5.694Historical High9.72P/E (Static)1.75BShs Float-1.713Historical Low0.322EPS LYR1.60%Amplitude0.17Dividend TTM0.75P/B100Lot Size5.43%Div YieldTTM
Wilmar Intl Stock Forum
This could be the double bottom formation on the charts that the traders need to go for a big move.
At present, Wilmar has been shorted down indiscriminately. Big China stimulus to promote consumption will result in a power 4Q. This is important because Chinese New Year is in January next year and orders have to be front loaded a month earlier
All in, the dividend is likely to be unchanged and Wilmar will have more than enough free ...
PBOC head vows to boost China countercyclical monetary measures
THERE WILL BE CHINA STIMULUS TO BOOST CONSUMPTION.
given that cpo prices is at a high and so is sugar prices now significantly higher than the April to September I thought that Q3 disappointment aside Q4 would be much better. so thought CGS coverage is probably fairer than what the other brokerage is saying.
at this rate of persistent cheap valuations, other giant conglomerates that is eyeing an expansion in China and Asia could be considering making a takeover offer for Wilmar. Companies like $PepsiCo (PEP.US)$ $Mondelez International (MDLZ.US)$ are likely prime candidates to integrate wilmar's market share into their business
All major Chinese consumer stocks has shown strong increases in share prices while Wilmar lags behind despite operating in the same industry.
they all have recorded a weak 3Q results but will be looking to end the year on a high note as factory orders gets ramped up and gross margins improve from big stimulus measures in the country
again market mispricing Wilmar
Intensive stimulus urged to lift demand
Breakthroughs and prospects of trade-in deals for consumer goods
Measures needed for expansionary growth
the above articles published by state media is hinting and explaining that political leaders in China are focused on moving the economy towards consumption. The baseline consumption that is inflationary in nature is the food sector.
it's the easiest to stimulate and is in line with the CCP desire to u...
Abbott Laboratories (ABT US) $Abbott Laboratories (ABT.US)$
Daily Chart -[BULLISH ↗ **]ABT US is currently holding above short term ascending trendline support. As long as price is holding above 117.30 support, a further push higher towards 1st resistance at 123.80 then next resistance at 131.20 is expected. Technical indicators are advocating for a bullish scenario as well.
Altern...
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