– Warrant investors are buying into today's sell-down in the Singapore banks as all three banks are down between 3 to 5% today given the prospect of monetary easing and the negative impact it will have on lenders' net interest margins. – DBS Group dropped as much as 5.2% today, the most since 5 August 2024; while UOB fell as much as 4.5% and OCBC by 3.1% – The trending call warrants tracking the banks are down between 3...
$Wilmar Intl (F34.SG)$ Big opportunity for$Yihai Kerry Arawana Holdings (300999.SZ)$to capture upside from recent big stimulus announcement focusing on consumption demand. Chinese government made it clear that retail infrastructure upgrades and higher consumption of goods are necessary to achieve GDP targets. boosting of minimum wages is great for food and consumer goods businesses we could see an increase of 20% in net incomes for Wilmar t...
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It seems that all these Chinese government measures are favourable for Wilmar. So, it's share price will rise further.
$Wilmar Intl (F34.SG)$Decent closing for Wilmar today. Price close at slightly above the descending channel, hinting at a possible reversal next week. Longing the stock is still very risky and more confirmation is needed before it is a reversal in trend. Below are the 5 year trend and a close up of the 5 year chart. Should be interesting next week, hopefully the price can move further upwards before retracing and retesting support .
Wilmar Intl Stock Forum
– DBS Group dropped as much as 5.2% today, the most since 5 August 2024; while UOB fell as much as 4.5% and OCBC by 3.1%
– The trending call warrants tracking the banks are down between 3...
Big opportunity for $Yihai Kerry Arawana Holdings (300999.SZ)$ to capture upside from recent big stimulus announcement focusing on consumption demand.
Chinese government made it clear that retail infrastructure upgrades and higher consumption of goods are necessary to achieve GDP targets.
boosting of minimum wages is great for food and consumer goods businesses
we could see an increase of 20% in net incomes for Wilmar t...
theedgesingapor... Worthy read, dyodd
Below are the 5 year trend and a close up of the 5 year chart.
Should be interesting next week, hopefully the price can move further upwards before retracing and retesting support
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