Wilmar Intl

 Chart wise, still stuck in a consolidation mode!

Waiting for the next catalyst to drive the price higher!

3rd quarter results was out yesterday and net profit for the quarter to September rose 6 per cent to US$568.7 million. Its core net profit jumped by 15 per cent to a record high US$576.4 million.

XD 4TH August. Pay date 9 Sept.

Short term wise, I think a nice breakout of 4.45 level smoothly with good volume may likely drive the price higher towards 4.58 then 4.70 with extension to 4.83.

Not a call to buy or sell.

Pls dyodd.