Wilmar has already advanced 60% from $2.50 at the start of Oct 2016 till now,
It has been consolidating between $3.85 to $4.00 for the past month but is looking ready to break above $4.00 soon .
How much more upside? If we look at the bigger picture of Wilmar (way back from 2010),
the projected target is around $5 (another 25% upside). It is probably not going to be an explosive move like a number of the penny stocks though. Let's check back some time later to see if this stock progress as expected! (p/s if it falls below 3.70 in the near term, then the bullish outlook will no longer hold).
