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Author: humblestock   |   Latest post: Tue, 20 Nov 2018, 08:13 PM

 

Wilmar - [ Running Ahead Of Its Results? ]

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8th November, 2018, 3:20 PM

Wilmar – [ Running Ahead Of Its Results? ]Wilmar 8th Nov 2018

Chart Source: Poemsview 8th Nov 2018

Wilmar has been up over 6% since we spotted it just 2 weeks back. It might have risen due to an expectation of a good set of results on 12th Nov after market hours.

Questions now is, has Wilmar ran ahead of its results?

Since it has risen from its base of around $3 to $3.22 a good set of results is expected also, its forward guidance also probably has to be positive. If results are not up to market expectation we might see Wilmar getting sold off. So do be vigilant around this period.

Our next possible target of Wilmar might be$3.25 as it has hit our $3.20 target.

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The post Wilmar – [ Running Ahead Of Its Results? ] appeared first on Singaporehumblestock.

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Labels: Wilmar Intl

Related Stocks

Chart Stock Name Last Change Volume 
Wilmar Intl 3.22 -0.02 (0.62%) 4,753,900 

Market Buzz

Date Type Subject
16-Nov-2018 Price Target Wilmar International - Superb 3Q18 Performance; Back to Norm in 4Q18
Source : UOB KayHian, Price Call : BUY, Price Target : 3.90
Last Price : 3.22, Upside/Downside : +0.68(21.12%)
16-Nov-2018 Price Target Wilmar: Whither Soybean Crush Margins
Source : OCBC, Price Call : HOLD, Price Target : 3.42
Last Price : 3.22, Upside/Downside : +0.20(6.21%)
19-Nov-2018 Announcement Asset Acquisitions and Disposals::Change in shareholding in associated companies

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