Wilmar International - My Stocks Investing

Singapore Stocks with High PE Ratio to Short!!

Post author:Marubozu
Post published:August 5, 2011

The selling off is bloody.. the US GDP and Job Data are lousy!

China last PMI shows China’s economy is contracting.

Debts in Europe and US are still not solved yet…. only prolong the pain …

For those who know how to short in the bearish market, they will make a lot of money if they know how to short. I am searching for stocks with high PE ratio to short because it has more downside potential (YES! I use downside “potential” now instead of downside risk”). Feel free to contribute your shorting list here…

My Shorting Watchlist

Singapore Exchange (SGX): PE = 25.8 @$7.13
Straits Asia Resources (SAR) PE = 26.4 @$2.64
Hyflux PE = 18.3 @ $1.885
Q&M Dental PE = 55.3 @$0.81
Wilmar PE = 21.1 @$5.62
CapitaMall PE = 21.6 @$1.83
DBS PE = 20.9 @$14.54
Genting Singapore Rolling PE = 29.5 @$1.79
Goodpack PE = 19.1 @$1.815

Wilmar International: A Very Bloody Falling Knife!

Post author:Marubozu
Post published:February 12, 2011

Follow up previous post on Wilmar: Don’ Catch the Falling Knife!

Wilmar’s stock chart continues the downtrend after failing to break the 20D MA resistance for the third time. Next support to watch is 61.8% Fibonacci Retracement Level at about $5.115.

Wilmar: Don’t Catch the Falling Knife!

Post author:Marubozu
Post published:December 28, 2010

Wilmar has broken $6.00 (78.6% Fibonacci Support) with increase in trading volume. Wilmar is currently trading below 20D, 50D and 200D MA and this is a bearish trend signal. As rule of thumb, never put your money into a stock for long term investment when the stock chart is on down trend. Next support to watch is the 61.8% Fibonacci Retracement Level at about $5.115.