Back

Latest Forum Topics / Golden Agri-Res    Last:0.275    +0.005

Post Reply

GoldenAgr Post Reply Rate topic
fruitty Senior	15-May-2009 20:32        fruitty About Contact  Quote this Post!
x 0   x 0  Alert Admin	Golden Agri achieved $9m net profit in 1QFY09 against $133m net profit in 4QFY08 despite better CPO market price? Chances of rights issue are high since they have already started discussions with underwriters?
Useful To Me  Not Useful To Me
dunkie Member	15-May-2009 17:13        dunkie About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think that when the Widjaja family or the Group sees the reaction to this news - the selldown will prompt them to rethink, and will opt NOT to proceed with the rights issue - else, why would they leave themselves the option of not doing so? why did they then subsequently issue a statement to clarify that they had "not yet formerly engage..."blah blah..?   they just want to test water lah...
Useful To Me  Not Useful To Me
Alligator Veteran	15-May-2009 17:03        Alligator About Contact  Quote this Post! Style: Combined   Yells: "learning from past "
x 0   x 0  Alert Admin	just got sold down, so not a good time to enter, i think wait for a while and observe first, wait till seller finish dumping before making a move.  E-war      ( Date: 15-May-2009 16:37) Posted: Wat wld be a gd px to buy? 0.39 or lower?
Useful To Me  Not Useful To Me
E-war Veteran	15-May-2009 16:46        E-war About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks Mr Alligator! You just saved me a bundle!     [The Board wishes to clarify, however, that the Company has not yet formally engaged managers and underwriters in relation to a Proposed Rights Issue. It is in discussion on terms of a Proposed Rights Issue and the amount to be raised, but has not entered into any definitive documents in relation thereto. There is no certainty that a Proposed Rights Issue will proceed and the Board advises shareholders and investors to exercise caution in dealing in the shares of the Company and to refrain from taking any action in respect of their shares which may be prejudicial to their interests. The Company will make relevant announcements at the relevant time to update shareholders if there are any further developments in relation to a Proposed Rights Issue. By Order of the Board GOLDEN AGRI-RESOURCES LTD]
Useful To Me  Not Useful To Me
nickyng Supreme	15-May-2009 16:42        nickyng About Contact  Quote this Post!
x 0   x 0  Alert Admin	well...wat do u think in a bear rally like now? better sideline and await the dust to settle lah...unless ur $$ are not HARD EARNED ! :D E-war      ( Date: 15-May-2009 16:37) Posted: Wat wld be a gd px to buy? 0.39 or lower?
Useful To Me  Not Useful To Me
Alligator Veteran	15-May-2009 16:38        Alligator About Contact  Quote this Post! Style: Combined   Yells: "learning from past "
x 0   x 0  Alert Admin	from SGX website The attention of the Board of Directors ("Board") of Golden Agri-Resources Ltd (the "Company") has been drawn to the IFR Asia ECM Briefing notes dated 14 May 2009 ("Brief") which states: "BNP Paribas and Credit Suisse are handling a rights issue for Singapore-listed Golden-Agri Resources to raise roughly S$293m (US$200m). The major shareholder of the company is the Widjaja family, which owns 48.5% of the company. Golden Agri is the world’s second largest oil palm plantation (by planted hectarage) and its main area of business is in Indonesia. The company is releasing its financial results for its first quarter ended March 31 results tomorrow". The Company constantly considers opportunities to improve its performance and to strengthen the Company and its subsidiaries' (the "Group") financial flexibility and competitive position to support the Group's growth as and when opportunities arise. As such, the Company is currently in the process of considering a rights issue (“Proposed Rights Issue”) and is in discussion with potential managers and underwriters, including but not limited to the banks identified in the Brief. The Board wishes to clarify, however, that the Company has not yet formally engaged managers and underwriters in relation to a Proposed Rights Issue. It is in discussion on terms of a Proposed Rights Issue and the amount to be raised, but has not entered into any definitive documents in relation thereto. There is no certainty that a Proposed Rights Issue will proceed and the Board advises shareholders and investors to exercise caution in dealing in the shares of the Company and to refrain from taking any action in respect of their shares which may be prejudicial to their interests. The Company will make relevant announcements at the relevant time to update shareholders if there are any further developments in relation to a Proposed Rights Issue. By Order of the Board GOLDEN AGRI-RESOURCES LTD Simon Lim Director 15 May 2009
Useful To Me  Not Useful To Me
E-war Veteran	15-May-2009 16:37        E-war About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wat wld be a gd px to buy? 0.39 or lower?
Useful To Me  Not Useful To Me
nickyng Supreme	15-May-2009 16:03        nickyng About Contact  Quote this Post!
x 0   x 1  Alert Admin	har??? 39cts now?!??! wow....hee.... :D
Useful To Me  Not Useful To Me
syrix11 Member	15-May-2009 15:58        syrix11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SINGAPORE: Golden Agri-Resources said its first quarter net profit fell 94 per cent on-year to US$8.7 million. This is due mainly to lower revenue from crude palm oil prices, which more than halved in the first quarter. Revenue fell 45 per cent on-year to US$412 million. Golden Agri-Resources said the long-term industry fundamentals remain firm, notwithstanding the near-term volatility. It said it would continue to manage its operating costs and increase production by improving operational efficiency and plantation management techniques. The company is projecting a capital expenditure of around US$225 million for 2009.
Useful To Me  Not Useful To Me
oinkoink1999 Senior	15-May-2009 11:34        oinkoink1999 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Announcement Title * Date of Release of First Quarter 2009 Financial Results     Description The Board of Directors of Golden Agri-Resources Ltd (“GAR” or the “Company”) wishes to announce that the Company will be releasing its unaudited financial results for the first quarter ended 31 March 2009 on Friday, 15 May 2009 during the lunchtime break on The Singapore Exchange Securities Trading Limited. BY ORDER OF THE BOARD Simon Lim Director 30 April 2009
Useful To Me  Not Useful To Me
AK_Francis Supreme	15-May-2009 11:32        AK_Francis About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Happy go lucky, cheers."
x 0   x 0  Alert Admin	Ha ha, hope d result pushes d px. Its last 1q was on 12 May 08. Cheers.
Useful To Me  Not Useful To Me
Laulan Master	15-May-2009 11:31        Laulan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Frend. Wats so good abt ds guy? Forget him lah!
Useful To Me  Not Useful To Me
oinkoink1999 Senior	15-May-2009 11:29        oinkoink1999 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	whenever i see status H i very scared...hope its really some good announcements...haha..LOL... tsneo888      ( Date: 15-May-2009 10:41) Posted: Bro,good announcement? oinkoink1999      ( Date: 15-May-2009 10:38) Posted: The details of the announcement start here ...   Date of Trading Halt * 15-05-2009   Time of Trading Halt * 1020 hours   Reasons for Trading Halt * Pending Announcement
Useful To Me  Not Useful To Me
shawaw Member	15-May-2009 11:19        shawaw About Contact  Quote this Post!
x 0   x 0  Alert Admin	halt due to announcing Q1 , I believe
Useful To Me  Not Useful To Me
tsneo888 Member	15-May-2009 10:41        tsneo888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro,good announcement? oinkoink1999      ( Date: 15-May-2009 10:38) Posted: The details of the announcement start here ...   Date of Trading Halt * 15-05-2009   Time of Trading Halt * 1020 hours   Reasons for Trading Halt * Pending Announcement
Useful To Me  Not Useful To Me
tsneo888 Member	15-May-2009 10:39        tsneo888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	how come halt trading?Halt how long? oinkoink1999      ( Date: 15-May-2009 10:35) Posted: Trading HALT..any idea what happened?
Useful To Me  Not Useful To Me
oinkoink1999 Senior	15-May-2009 10:38        oinkoink1999 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	The details of the announcement start here ...   Date of Trading Halt * 15-05-2009   Time of Trading Halt * 1020 hours   Reasons for Trading Halt * Pending Announcement
Useful To Me  Not Useful To Me
oinkoink1999 Senior	15-May-2009 10:35        oinkoink1999 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Trading HALT..any idea what happened?
Useful To Me  Not Useful To Me
DnApeh Master	13-May-2009 13:56        DnApeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	after factoring all splits and bonus, all time high 1.18 :)
Useful To Me  Not Useful To Me
ozone2002 Supreme	13-May-2009 13:52        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	what's the actual price of GAR if u exclude all the splits? (can remember how many time they split..but i know they are on par in terms of price with wilmar)
Useful To Me  Not Useful To Me

                                                         First   1-20 of 22   Older>   Last