Post Reply
121-140 of 423
CO and CPO prices may move up and down but the general trend is still up. From what I know, the production cost/per ton of crude palm oil is only about US$200 to 250 which means that palm oil companies enjoy a tremendously big profit margins. With palm oil being a commodity with a wide variety uses, I won't be too worried at the moment unless Crude prices drops tremendously.
tapildo76 ( Date: 04-Jun-2008 11:49) Posted:
|
Hope you are right? I had waited until the neck also long liao. My only worry is CO price down, palm oil prices down, then this 2 counter will be affected.
investor38 ( Date: 04-Jun-2008 11:39) Posted:
|
Very strong support at 1.20 for FR despite STI poor performances over the past few sessions. Noticed BB taking advantage and accumulating. Expect it to chiong towards 1.30 soon. Yet to breach gap between 1.29 and 1.39. For GAR strong support and accumulation seen at 1.03/1.04. Poised for the next movement up beyond 1.10 soon. Just my opinion. Caveat Emptor.
you r right... the run up has started. Quite a number of large lots BU in the last few mins.
investor38 ( Date: 02-Jun-2008 09:54) Posted:
|
Looks like this counter is moving up. should break 1.20 soon and head towards resistance of 1.30 which it fail to penetrate during the previous run up. Again and issue of confidence in view of historical legacies. Hold tight, it is a matter of time. Caveat emptor
Anyone to advise why this counter is gg down despite palm oil futures up? Regarding the indonesia land?
Toss between Singtel and FR. Wondering which is a better bet. Short term of course.
Top-up at 1.25... Best of luck to all...
Currently encountering resistance around the 100day MA. If it can break that, it would be bullish.
Thank you. tats why looking closely. if dropping then i will sell to cut losses before it 9et below 1.2
Naproxen ( Date: 16-May-2008 23:20) Posted:
|
Bro, you can breakeven soon at 1.3+. All the best to you !!!!
tapildo76 ( Date: 16-May-2008 16:13) Posted:
|
I was damn lucky and unlucky with this counter.
Bought at 1.70, then saw it down to 1.0+ then up to 1.76 again, dumped at 1.74. Then saw it plunged to below $1. Felt very lucky.
But backside itchy, bought somemore at 1.1+, few days later, before lunch see other palm oil down, guess it will down, but go out ta bao rice, see close to 2pm, but quickly divert to shop some stuff, came back, saw it down to 0.9+, panicked, cut loss, burnt big hole. Now then its up again.
I vowed not to touch this counter again. Maybe, just maybe.
okie okie. Tks alot. I am trapped with 20 lots @ 1.5 and i had another 20 lots @ 1.09 tats why panic a little. A hell of worry in the past months when it dropped because of the case. Few much relieved now it move a little
investor38 ( Date: 16-May-2008 16:03) Posted:
|
Don't claim to be a wise man. Prices do not go up in a straight line. After the recent run up, there will be consolidation for a while. For people who cannot hold, they will sell for a small profit while BB collect before the next push up; of course provided fundamentals of the stock remains good and there is no drastic change in the macro environment. My opinion is that is what is happening to FR now. Will not move up today. Hopefully next week or the week after. Just my opinion. Caveat emptor.
tapildo76 ( Date: 16-May-2008 00:00) Posted:
|
Collating cheap stock ?
Sorry me not too wise :)
any great wise man knows why the counter is stopping and showing signs of retreats?
still waiting for 1.3 :(
Think most ppl kanna burned by chinastocks
GAR and FR. Not moving much at the moment. Case of lack of confidence in view of recent events and past legacies. Many people including funds have been burnt. Fundamentally sound and valuations attractive and at a discount compared to its more reputable peers. CPO prices may fluctuate day to day but the general trend is stable and lilkely to be so for the rest of the year. Vested. Expect more upside potential. Accumulate and Buy on dips but do not chase. Just my opinion. Caveat Emptor
once 1.25 is broken .... ha ha ha
Cheong lah