Latest Forum Topics / Golden Agri-Res Last:0.27 -- | Post Reply |
GoldenAgr
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GuavaXF30
Master |
28-May-2012 15:02
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In play. Keep watch.
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GuavaXF30
Master |
28-May-2012 14:10
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Likely go back up to 0.67 again.
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ChillX
Senior |
28-May-2012 11:25
Yells: "Bleh!" |
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Traditionally, 62 cents has been a strong support, but have to wait and see as time passes. The price did breach the support once at end September 2011 (go read up about major world events at the time to know contributing factors).
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JesseTyler
Member |
28-May-2012 11:19
Yells: "MONEY MONEY MONEY !!!" |
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Golden Agri don't have the upmoving force .. Looking at around $0.60 ... 
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ChillX
Senior |
28-May-2012 11:15
Yells: "Bleh!" |
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Ta indicators still indicating that the counter is downtrending. Not yet vested as there is no clear sign of a bottom-out of pricing, but expect soem small technical rebounds.: ADX signal at 40, showing that current 14d trend is still strong. Ichimoku cloud formation downtrending, but thin, so bottom might soon be in sight. 26d base flat for now, but 9d conversion showing strong downtrend (few day indicator at best, but since 26d base is flat, price may rebound a little). Bollinger band has a downtrend bias, but when the price hits the lower band, a small technical rebound should occur. Also should consider the macro picture in that: though Brent crude oil prices remain high, CPO prices have dropped significantly. Also, the world market is still strongly influenced by what's happening in the Eurozone for now.
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GuavaXF30
Master |
22-May-2012 12:20
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There has been some decent quantity buying at 0.66 today. But will it sustain ?
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Tropical
Senior |
18-May-2012 11:46
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Anybody buying gar? What is the support now? Tks. | ||||
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seanpent
Elite |
17-May-2012 13:44
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confusing actions ..... afraid may have more downside ..... :( is it an opportunity to sell / distribute into strength ?  |
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coolbunny
Member |
16-May-2012 22:39
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I got 25 lots at 0.79 & sold 15 lots to minimise my loss liao. Although is my profit loss, but still a bit heart pain leh. Today down again....
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sgnewbie
Master |
15-May-2012 09:38
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http://sgxreports.blogspot.com/2012/05/golden-agri-resources.html |
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j3r0m3
Veteran |
14-May-2012 23:10
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http://singaporetrader.wordpress.com/2012/05/14/golden-agri-resources-boost-from-inventory-sale/ | ||||
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ChillX
Senior |
13-May-2012 22:23
Yells: "Bleh!" |
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You either average down or cut loss when the price rebounds - depens on your way of playing the market. if you're the type that does not regularly monitor (at least 3 times a week), you can afford to put under the pillow and wait... collect dividents meantime. GAR is quite a cyclical counter, based on the last 2 years++. To me, any price below about $0.67 is good to accumulate, but then again, must monitor price and see if the price has a chance to rebound before it heads to such a low. Now... based on Thurs/Fri... a small rebound likely, or price  will  most likely  downtrend if Eurozone news is still very negative for the week ahead. Wait and see... and buy/sell accordingly... but DYODD and BOSAYOR!!!
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New123
Elite |
12-May-2012 00:06
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net profit up 109% for 1st qtr v good. think it will move up above 70 cents soon..
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coolbunny
Member |
11-May-2012 23:03
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Not shiok for me lah! Stll holding on to 0.79! Want to sell also cannot sell. I " siao" liao.....
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JUNWEI9756
Supreme |
10-May-2012 22:36
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this will be red tomorrow.. enjoy... | ||||
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ChillX
Senior |
10-May-2012 22:34
Yells: "Bleh!" |
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haha... no one bats 100% all the time. To me, TA can show the general trend, but TA is not immune to world events or natural calamities and such. Say a forest fire burns down all the GAR oil palm plantations... you know what will happen to the share price, rite? But can  anyone predict if such an event will ever occur?
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marcus28
Member |
10-May-2012 10:21
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Seem like we both are wronged. Price moving up to 0.690. Bo kangtao liao!!
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Tropical
Senior |
09-May-2012 23:02
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oops! sori huh....ya bo read carefully. 
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ChillX
Senior |
09-May-2012 22:36
Yells: "Bleh!" |
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Shiok what! Probably has room to drop a little more and will be good to start accumulating when the TA charts sheds the bearish trend..
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coolbunny
Member |
09-May-2012 21:13
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Aiyo! What happened to this counter??!! | ||||
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