WILMAR INTL - 1ST July 2014 - Wilmar Intl looks quite attractive now for consideration of accumulation as prices has fallen to a low prices of $3.17 as of today 1st July 2014. Its NAV of S$2.90 + cash-on-hands of 1.76 B seems rather oversold .All 3 indicators are also showing oversold indication from TA point of view. Good value present for accumulation from $3.16 and below. (trade base on your own decision)
WILMAR INTL - 5TH JUNE 2014 - Wilmar Intl seems to be in a consolidation mode as reflected from TA point of view. It is currently hovering between 3.13 to 3.25. Both RSI & Stochastic are showing sign of turning upwards which is quite positive. Immediate resistance will be at 3.27. Breaking out of 3.27 with high volume that may drive the share prices higher towards 3.35 then 3.44.(trade base on your own decision)
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