Thursday, 4 September 2014

WILMAR - SEASONAL EFFECT FOR CPO PRICE TO RISE(SEPTEMBER TO DECEMBER 2014)

With CHINA ECONOMY gearing up for a major recovery towards 2014, we feel 1 blue chip counter WILMAR will be the moment to ride the uptrend towards $4. WILMAR seasonal effects kick in SEPTEMBER with a major rally towards DECEMBER. Positioning at $3.16 towards SEASONAL RANGE OF $3.50 to $3.64(based on historical performance in 2013).
 

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