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Post by zuolun on Jan 15, 2014 22:24:00 GMT 7
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Post by zuolun on Feb 13, 2014 15:26:36 GMT 7
Why Wilmar's share price drops from S$6.XX to S$3.XX — 7 Feb 2014 The U.S. dollar is safer right now and will continue to strengthen. When your costs decline on a dollar basis, and your revenues increase on a dollar basis, your profits will be higher. The reverse is true when your costs increase on a dollar basis, and your revenues decrease on a dollar basis, your profits will be lower.
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Post by zuolun on Feb 14, 2014 14:08:24 GMT 7
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Post by zuolun on Feb 17, 2014 14:56:22 GMT 7
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Post by zuolun on Mar 8, 2014 10:29:27 GMT 7
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Post by zuolun on Mar 31, 2014 7:53:53 GMT 7
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Post by zuolun on Apr 15, 2014 14:36:34 GMT 7
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Post by zuolun on Apr 29, 2014 16:41:45 GMT 7
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Post by zuolun on May 3, 2014 14:11:15 GMT 7
Wilmar — Strong longterm horizontal support @ S$3.00, strong resistance @ S$4.00.Should the crucial support @ S$3.00 break, Wilmar is an outright SELL.  Wilmar — Bearish Rectangle Breakout, TP S$3.08Wilmar closed with a bearish engulfing @ S$3.32 (-0.025, -0.7%) on 2 May 2014. Immediate support @ S$3.28, immediate resistance @ S$3.41.   Wilmar (weekly) — Descending Triangle formation [/quote]
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Post by zuolun on May 7, 2014 10:18:18 GMT 7
Wilmar — Bearish Rectangle Breakout, TP S$3.08Wilmar had a long black marubozu @ S$3.27 (-0.05, -1.5%) with volume done at 8.2m shares on 7 May 2014 at 11.10am. Immediate support @ S$3.21, immediate resistance @ S$3.35. Expect the gap bet. S$3.255 to S$3.275 created on 20 Feb 2014 to be covered and price to hit lower low. OBV and MFI have a bearish divergence indicating persistent strong selling pressure. 
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Post by zuolun on May 9, 2014 9:24:58 GMT 7
  Wilmar shares plunge to 3-month low; 1st qtr net profit slumped 49% — 9 May 2014 A hanging man gasping for breath!  Wilmar — Bearish Rectangle Breakout, TP S$3.08Wilmar gapped down with a hanging man @ S$3.21 (-0.13, -3.9%) with high volume done at 14.7m shares on 9 May 2014 at 10.20am. Immediate support @ S$3.08, immediate resistance @ S$3.21. The gap bet. S$3.255 to S$3.275 created on 20 Feb 2014 is convincingly covered by a sudden gap down with high volume and price hit low of S$3.13. The OBV and the MFI have a bearish divergence indicating persistent extremely strong selling pressure with high volume. The stochastic currently has no significant +ve impact on the downward swing of the share price although it is extremely oversold at below 20. Should the long-term horizontal support convincingly breakdown at the pivotal point @ S$3.00 with extremely high volume, it's a bearish SELL signal indicating that strong supportive long-term funds are getting out and/or have initiated huge short positions on Wilmar.   |
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Post by zuolun on May 9, 2014 14:53:23 GMT 7
odie, Wilmar's "Stair-Step" Decline chart pattern actually represents plenty of stale bulls stuck bet. S$3 to S$7 (big and small institutional funds + retail investors). It's the same logic as SHELL and SembMar; Supply > Demand = Decrease in price. Long-term wise, a strong long-term downtrend stock with a "Stair-Step" Decline chart pattern may consolidate and trade sideway for ten (10) years or even longer. "At the end of the day, the rise and fall of stock prices are more about demand and supply and much less about fundamentals." — oldman SHELL — A "Stair-Step" Decline chart pattern  Wilmar International
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Post by zuolun on May 12, 2014 14:26:34 GMT 7
Wilmar had a black marubozu @ S$3.16 (-0.05, -1.6%) on 12 May 2014 at 3.20pm.  |
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Post by zuolun on May 12, 2014 14:49:53 GMT 7
odie, I believe you're aware that I've never been bullish on Wilmar after it broke the support at S$6.00. My bearish view was originated from the video clip (Chinese version) dated 25 Sep 2011, coupled with my chart dated 5 Apr 2012. The current sideway movement may last for a long period, maybe ten (10) years or longer but long-term major downtrend won't change overnite.  [对话]华商领袖郭鹤年/Robert Kuok CCTV Interview — 25 Sep 2011 Robert Kuok Interview (with English subtitle) |
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Post by odie on May 12, 2014 18:59:11 GMT 7
zuolun bro, agreed. i also watched the video and think it is tough for him to make money.  |
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