dchua1969

Riding on the China Wave

Long
dchua1969 Updated   
SGX:F34   WILMAR INTL
I recently took a small position in this company after having missed a good entry at 3.40 some months back.........

Read this article here

If you understand the Chinese food culture, you would then know that cooking oil is a necessary ingredient in many cuisines. What's not to like, it has a reputable brand name that many households are using (another sticky point that I like).

4.37 is a relatively strong support and yesterday plunge was a good entry for those who are keen to consider going long.
Comment:
www.businesstimes.co...a-units-market-debut

Even GIC took a position here , haha
Comment:
Praise the Lord and congrats to those who longed
Comment:
awaiting for 5.50 resistance to break out before adding more
Comment:
added more yesterday
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.