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pikachu Veteran	18-May-2008 14:31        pikachu About Contact  Quote this Post!   Mood: Yells: "Holy Cow!"
x 0   x 0  Alert Admin	Malaysian CPO futures hit new record User Rating: / 1 PoorBest  Crude palm oil (CPO) futures for June delivery on the Bursa Malaysia hit a new record of RM4,160 per tonne.  Crude oil prices stayed at above US$101 a barrel ahead of an OPEC meeting where the group was expected to maintain current output.   OPEC President Chakib Khelil said, "Either we hold (output) steady or we cut in order to restore market balance and stability." Phua Kwee Hock, an analyst with SJ securities commented "Global funds have shifted towards investing in commodities as equity and credit markets are stuck in a meltdown." "Commodity prices have certainly been a positive factor," said David Cohen, Singapore-based director of Asian economic forecasting at Action Economics. "Global export demand is being supported as growth in Asia, notably China, and oil-exporting nations including Russia, have helped balance the slowing from the US." Dorab Mistry of Godrej International Ltd said, "Palm oil prices could rise to 4,500 ringgit a ton between September 2008 and February 2009 if the weather worsened." "The substantial rise in palm oil and crude oil prices will continue to boost commodity and mining exports." said Lee Heng Guie, an economist at CIMB Investment Bank Bhd. Palm oil is used as cooking oil, in snack food items, oleochemicals and biodiesel.  THE END.
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pikachu Veteran	18-May-2008 14:31        pikachu About Contact  Quote this Post!   Mood: Yells: "Holy Cow!"
x 0   x 0  Alert Admin	Golden Agri-Resources Ltd's CEO Franky Oesman Widjaja has announced that the Indonesian oil palm plantation company has had a record year. Palm oil, a crop usually used to make cooking oil and oleochemicals, is the most consumed oil worldwide.  Demand from China and India along with demand from biodiesel producers has recently further driven up crude palm oil (CPO) prices. “Every day is a new record.” says Widjaja. CPO prices gained 55% in 2007 and have continued this run, gaining 23% this year, hitting a high of RM 4,160 per tonne this week.  Golden-Agri's revenue rose two-thirds to US$1.87 billion and its net profit rocket 2.5 times to US$1.17 billion for the year to Dec 31, 2007. Gross profit margins swelled from 24% to 35%. Indonesia and Malaysia together account for approximately 86% of all palm oil produced globally. Widjaja has grand plans for the company and wants to make Golden Agri the world’s biggest oil palm plantation again. It was the largest plantation company until Sime Darby merged its plantation business with Golden Hope and Kumpulan Guthrie in 2007, increasing its planted areas to some 540,000ha. Golden Agri has 360,000ha of land planted, making it Indonesia’s largest plantation firm, one-and-a-half times larger than its closest competitor, Astra Agro Lestari. Golden Agri’s has a massive land bank spanning 1.3 million ha which will allow it to regain its leadership position in the world.  The company increased its hectarage by about a fifth, planting up 53,000ha in 2007. Its goal in 2008 is to plant another 60,000ha. “We hope to catch up. We are determined to do it,” Widjaja says, referring to the company’s aim to regain its size leadership in the industry. “With its aggressive planting programme of 60,000ha a year, Golden Agri will become the world’s largest plantation company in planted hectarage in two to three years’ time,” says Alvin Tai of OSK Research. According to Oil World, a research house for the oilseeds industry, CPO production will rise 7% in Malaysia in 2008. In Indonesia, production is due to jump 19% this year.  However, even if prices moderate from their current lofty levels, plantation companies are not worried because with costs in Indonesia running at US$200 to US$300 a tonne, margins from the plantations business are good. Golden Agri produced two million tonnes of palm products last year and crude palm oil accounted for 43% of its revenue. Golden Agri operates 31 mills with a capacity of 8 million tonnes of CPO. It also processes and sells palm kernel produces, refined palm products such as cooking oil and margarine. The comapny has earmarked between US$350 million and US$500 million to expand its oil palm plantations and build two additional refineries in Kalimantan this year.  THE END.
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investor38 Senior	18-May-2008 12:00        investor38 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Interesting articles:  unable to cut and paste.  click link to read http://www.palmoiltruthfoundation.com/index.php?option=com_content&task=view&id=822&Itemid=716 http://www.palmoiltruthfoundation.com/index.php?option=com_content&task=view&id=820&Itemid=716 Stock Fundamentals From Golden agri website: Updated: 16 May 2008 17:05 Historical EPS ($) a 0.17721 NAV ($) b 0.5219 Historical PE 5.643 Price / NAV b 1.916 Dividend ($) d 0.035000 52 Weeks High 1.230 Dividend Yield (%) d 3.500 52 Weeks Low 0.395 Par Value ($) USD 0.025 Market Cap (M) 9975.904 Issued & Paid-up Shares c 9,975,904,000   Implies More upside potential to come!
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investor38 Senior	18-May-2008 11:37        investor38 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agreed.   Target price about 30 to 55% upside according to various recent broking house report.  darius      ( Date: 18-May-2008 02:07) Posted: GA broken resistance, looks like more upside to come, volume looks healthy. The ride up is just beginning.
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darius Member	18-May-2008 02:07        darius About Contact  Quote this Post!
x 0   x 0  Alert Admin	GA broken resistance, looks like more upside to come, volume looks healthy. The ride up is just beginning.
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AK_Francis Supreme	18-May-2008 01:29        AK_Francis About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Happy go lucky, cheers."
x 0   x 0  Alert Admin	Ayoh yoh, AK perceives that its up trend if DJ don't play punks. CHeers.
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investor38 Senior	17-May-2008 18:50        investor38 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Which economist is this? Credible or not?  Seems to contradict most reports that I have read. For example this one at commodity on line http://www.commodityonline.com/news/topstory/newsdetails.php?id=8353
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tapildo76 Member	17-May-2008 13:28        tapildo76 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yesterday watch channelnews asia annd the economist say tat they expect palm oil will adjust downward by 25%. Any impact to this?
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AK_Francis Supreme	17-May-2008 02:15        AK_Francis About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Happy go lucky, cheers."
x 0   x 0  Alert Admin	Basically, agri commodities still overweigh others, at least at this period. AK views lah.
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cross567 Member	16-May-2008 23:35        cross567 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	what is the target, will it ciong to 125 in 2~3 weeks time??
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jackjames Elite	16-May-2008 22:41        jackjames About Contact  Quote this Post!
x 0   x 0  Alert Admin	oh spiderman1234, i think u are referring to the news released in the evening.. err.... 5 rupiah per share... ha ha.. kanasai..
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jackjames Elite	16-May-2008 22:31        jackjames About Contact  Quote this Post!
x 0   x 0  Alert Admin	basically, u don't have to care about the dividend of this stock.. it is nothing, the price movement can make you high already.. mana ada 5 rupiah, abang, lihat betul la... SGD 0.005 , 1 lot 5 dollar, so, let say you buy at May 5, 0.88, 1 lot SGD 880, dividend 5, the dividend yield is 5/880x100%=that is only 0.568%, but with price today of 1 dollar , (1-0.88)/0.88 x 100%, that is 13.63% , so, at the end of the day, you got about 14% gain ....
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spiderman1234 Member	16-May-2008 18:18        spiderman1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Did i read correctly. GA's divvy is 5 rupiah per share? That means if i have 1 lot is how much?
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AK_Francis Supreme	16-May-2008 17:44        AK_Francis About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Happy go lucky, cheers."
x 0   x 0  Alert Admin	Ha ha a min before close, Q B at 0.985, didn't work leh.
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investor38 Senior	16-May-2008 16:40        investor38 About Contact  Quote this Post!
x 0   x 0  Alert Admin	16:35:17 1.000 2,500,000 Buy Up Looks like BB holding stock down and then mopping up in a big way.
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nickyng Supreme	16-May-2008 15:51        nickyng About Contact  Quote this Post!
x 0   x 0  Alert Admin	got any SHORT ?!?! hee... cheers !
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investor38 Senior	16-May-2008 15:51        investor38 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Long weekend ahead.  GAR will probably close at $1.00 today because of profit taking. If finish at today's high this will be a even more bullish sign. Expect further run up next week because of attractive valuation. Palm oil prices may fluctuate up and down but general trend is still up.
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AK_Francis Supreme	16-May-2008 15:26        AK_Francis About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Happy go lucky, cheers."
x 0   x 0  Alert Admin	Song song ke Jurong leow. Cheers buddies.
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investor38 Senior	16-May-2008 15:23        investor38 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Congrats to all GAR holders. Looks like it has finally awaken up from deep coma. Very convincing breakout.  Minor resistance at 1.05, 1.12, 1.22.  More upside to come.  Still relatively cheaper compared to its peers. Enjoy the ride, the sharksfin and the lobster.  Caveat emptor.  Next one to move will be FR;;  yet to cover gap to 1.39.  Only just above 10% its IPO price.
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novena_33 Veteran	16-May-2008 15:10        novena_33 About Contact  Quote this Post!
x 0   x 0  Alert Admin	beside the lobster...i also want this..... jackjames      ( Date: 16-May-2008 15:08) Posted: Everybody makes some noise !!!! 15:03:13 1.01 742,000 Buy Up 15:03:12 1.01 9,000 Buy Up 15:03:09 1.01 3,473,000 Buy Up
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