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epliew ( Date: 04-Mar-2011 15:17) Posted:
what is mac mac ?
| Wilmar’s plans to enter the Indonesian flour market |
Wilmar International, the world's largest listed palm oil company, plans to enter Indonesia's consumer flour market possibly in 2012. This is expected to intensify competition in the country.
The plan would put Wilmar in competition with Bogasari Flour Mills, in a market which is seeing increasing number of new flour mills and comes amid renewed global fears over rising wheat and food prices due to tight supply.
Wilmar might use flour mills owned by the unit of Malaysia's PPB Group in Indonesia and its own distribution network to sell the flour. PPB's unit, FFM Berhad has a milling capacity of around 1,000 tonnes per day and the group plans to spend US$46m to double its flour production capacity in Indonesia and Malaysia over the next two years. Wilmar recently bought a 20% stake in FFM.
Indonesia's flour market is dominated by Bogasari Flour Mills, a unit of instant noodle maker Indofood Sukses Makmur, which has a total flour milling capacity of 15,000 tonnes per day.
The group’s venture into the flour market in Indonesia is in line with its long-term strategy to expand its products range and lower its distribution costs. Pending review, we maintain Neutral on the stock and TP S$5.80. |
| Wilmar’s plans to enter the Indonesian flour market |
Wilmar International, the world's largest listed palm oil company, plans to enter Indonesia's consumer flour market possibly in 2012. This is expected to intensify competition in the country.
The plan would put Wilmar in competition with Bogasari Flour Mills, in a market which is seeing increasing number of new flour mills and comes amid renewed global fears over rising wheat and food prices due to tight supply.
Wilmar might use flour mills owned by the unit of Malaysia's PPB Group in Indonesia and its own distribution network to sell the flour. PPB's unit, FFM Berhad has a milling capacity of around 1,000 tonnes per day and the group plans to spend US$46m to double its flour production capacity in Indonesia and Malaysia over the next two years. Wilmar recently bought a 20% stake in FFM.
Indonesia's flour market is dominated by Bogasari Flour Mills, a unit of instant noodle maker Indofood Sukses Makmur, which has a total flour milling capacity of 15,000 tonnes per day.
The group’s venture into the flour market in Indonesia is in line with its long-term strategy to expand its products range and lower its distribution costs. Pending review, we maintain Neutral on the stock and TP S$5.80. |
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i remember the last high was 5.56, let's see how this s51 breakout goes.
epliew ( Date: 04-Mar-2011 14:53) Posted:
okay... got it.
Gaecia ( Date: 04-Mar-2011 11:35) Posted:
| epl, i'm not shorting smarine if breakout from this high and then what? The last time i shorted was to bet on earnings before announcement, it went wrong. I think before CD it will hardly go down much. |
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what is mac mac ?
| Wilmar’s plans to enter the Indonesian flour market |
Wilmar International, the world's largest listed palm oil company, plans to enter Indonesia's consumer flour market possibly in 2012. This is expected to intensify competition in the country.
The plan would put Wilmar in competition with Bogasari Flour Mills, in a market which is seeing increasing number of new flour mills and comes amid renewed global fears over rising wheat and food prices due to tight supply.
Wilmar might use flour mills owned by the unit of Malaysia's PPB Group in Indonesia and its own distribution network to sell the flour. PPB's unit, FFM Berhad has a milling capacity of around 1,000 tonnes per day and the group plans to spend US$46m to double its flour production capacity in Indonesia and Malaysia over the next two years. Wilmar recently bought a 20% stake in FFM.
Indonesia's flour market is dominated by Bogasari Flour Mills, a unit of instant noodle maker Indofood Sukses Makmur, which has a total flour milling capacity of 15,000 tonnes per day.
The group’s venture into the flour market in Indonesia is in line with its long-term strategy to expand its products range and lower its distribution costs. Pending review, we maintain Neutral on the stock and TP S$5.80. |
| Wilmar’s plans to enter the Indonesian flour market |
Wilmar International, the world's largest listed palm oil company, plans to enter Indonesia's consumer flour market possibly in 2012. This is expected to intensify competition in the country.
The plan would put Wilmar in competition with Bogasari Flour Mills, in a market which is seeing increasing number of new flour mills and comes amid renewed global fears over rising wheat and food prices due to tight supply.
Wilmar might use flour mills owned by the unit of Malaysia's PPB Group in Indonesia and its own distribution network to sell the flour. PPB's unit, FFM Berhad has a milling capacity of around 1,000 tonnes per day and the group plans to spend US$46m to double its flour production capacity in Indonesia and Malaysia over the next two years. Wilmar recently bought a 20% stake in FFM.
Indonesia's flour market is dominated by Bogasari Flour Mills, a unit of instant noodle maker Indofood Sukses Makmur, which has a total flour milling capacity of 15,000 tonnes per day.
The group’s venture into the flour market in Indonesia is in line with its long-term strategy to expand its products range and lower its distribution costs. Pending review, we maintain Neutral on the stock and TP S$5.80. |
not much movement today... yawns
okay... got it.
Gaecia ( Date: 04-Mar-2011 11:35) Posted:
| epl, i'm not shorting smarine if breakout from this high and then what? The last time i shorted was to bet on earnings before announcement, it went wrong. I think before CD it will hardly go down much. |
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yes i bought cosco. thank you for your hint! :D
rotijai ( Date: 04-Mar-2011 13:51) Posted:
were u the one who bought cosco?
i was hinting .. it's safer to close any position today as early as possible.. or at least close half
a lot of things can happen within 2 days..
eastcivic ( Date: 04-Mar-2011 12:21) Posted:
today friday..... i think you said something like you dare not hold over the weekend.... you are not the only one, others also think the same, so maybe that is why sti getting weaker? profit-taking going on..... i guess
but i'm still happy that sti is above 3040.... in fact, if sti can somehow manage to close above 3070, that would make me very happy : |
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it is pouring...
btw.. anyone taken my call to shoot mac mac?
were u the one who bought cosco?
i was hinting .. it's safer to close any position today as early as possible.. or at least close half
a lot of things can happen within 2 days..
eastcivic ( Date: 04-Mar-2011 12:21) Posted:
today friday..... i think you said something like you dare not hold over the weekend.... you are not the only one, others also think the same, so maybe that is why sti getting weaker? profit-taking going on..... i guess
but i'm still happy that sti is above 3040.... in fact, if sti can somehow manage to close above 3070, that would make me very happy :D
rotijai ( Date: 04-Mar-2011 12:10) Posted:
so much hype about STI chiong yesterday night..
now the chiong is getting weaker and weaker.. |
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thank you ipunter expert for your encouragement.... i'm still working towards it :D
iPunter ( Date: 04-Mar-2011 12:10) Posted:
You are doing fine... I am sure you will become a good player... 
eastcivic ( Date: 04-Mar-2011 12:01) Posted:
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today friday..... i think you said something like you dare not hold over the weekend.... you are not the only one, others also think the same, so maybe that is why sti getting weaker? profit-taking going on..... i guess
but i'm still happy that sti is above 3040.... in fact, if sti can somehow manage to close above 3070, that would make me very happy :D
rotijai ( Date: 04-Mar-2011 12:10) Posted:
so much hype about STI chiong yesterday night..
now the chiong is getting weaker and weaker.. |
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You are such a responsible guy...
Much better than those who tell people to " buy on dips" ...
(as if they must be surely right)...
Thus, I "
tapet" (salute) you...
eastcivic ( Date: 04-Mar-2011 12:09) Posted:
i read a book where there was a line which mentioned about the statistics of breakouts being successful.....
i can't remember the exact figure....anyway, i also dare not post it.... if not later induced others to anyhow short/long just based on this statistic and anyhow go and short/long..... very dangerous, i scared
eastcivic ( Date: 04-Mar-2011 11:42) Posted:
after breaking out from previous high..... it'll either go and form a higher high to signify a succesful breakout...... or go back down to signify a false breakout.......
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You are doing fine... I am sure you will become a good player...
eastcivic ( Date: 04-Mar-2011 12:01) Posted:
wo bu gang tang.....
iPunter ( Date: 04-Mar-2011 11:47) Posted:
| You are no doubt progressing towards the standard of a sifu...
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so much hype about STI chiong yesterday night..
now the chiong is getting weaker and weaker..
i read a book where there was a line which mentioned about the statistics of breakouts being successful.....
i can't remember the exact figure....anyway, i also dare not post it.... if not later induced others to anyhow short/long just based on this statistic and anyhow go and short/long..... very dangerous, i scared
eastcivic ( Date: 04-Mar-2011 11:42) Posted:
after breaking out from previous high..... it'll either go and form a higher high to signify a succesful breakout...... or go back down to signify a false breakout.......
Gaecia ( Date: 04-Mar-2011 11:35) Posted:
| epl, i'm not shorting smarine if breakout from this high and then what? The last time i shorted was to bet on earnings before announcement, it went wrong. I think before CD it will hardly go down much. |
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wo bu gang tang.....
iPunter ( Date: 04-Mar-2011 11:47) Posted:
You are no doubt progressing towards the standard of a sifu...
eastcivic ( Date: 04-Mar-2011 11:42) Posted:
after breaking out from previous high..... it'll either go and form a higher high to signify a succesful breakout...... or go back down to signify a false breakout.......
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You are very right...
There are so many hard truths, and also
so many even harder truths to contend with...
rabbitfoot ( Date: 04-Mar-2011 11:52) Posted:
| The truth is people worry about tonight DJ whether can go higher or not with another job report out. Will it be AS good as yesterday ??? |
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The truth is people worry about tonight DJ whether can go higher or not with another job report out. Will it be AS good as yesterday ???
You are no doubt progressing towards the standard of a
sifu...
eastcivic ( Date: 04-Mar-2011 11:42) Posted:
after breaking out from previous high..... it'll either go and form a higher high to signify a succesful breakout...... or go back down to signify a false breakout.......
Gaecia ( Date: 04-Mar-2011 11:35) Posted:
| epl, i'm not shorting smarine if breakout from this high and then what? The last time i shorted was to bet on earnings before announcement, it went wrong. I think before CD it will hardly go down much. |
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Now the struggle is whether to go down to $1.69 first and then up to $2.30 or the other way round? Hard to decide lol.
