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1201-1220 of 2995
Of course XD share will drop. But if got good new support it will growth. Currently Straits Asia is eyeing the growth of asia. It has start to expand it mining area to cater the fast
growth.
after XD tmr..sure will drop de..my view only
Maybe good new coming out. Also tomorrow XD liao so cheonging
What happened to this counter? When it was at $2.06 this morning, I placed a buy at $2.03 which turned out to be a wrong move! Within 30 minutes, the price shot up to $2.14!!
CW, do 'tinkle' us when is time to play this stock again. Tku.
cheongwee ( Date: 03-Sep-2009 11:10) Posted:
any one still holding here, after so much profit and u still greedy for more..
i told u this one long ago, when i sold...put your money to work hard for you eslewhere,,,
before this rally really end...
it will be play, but i dont know when...i hear i tell days before hand...pls dyodd. |
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any one still holding here, after so much profit and u still greedy for more..
i told u this one long ago, when i sold...put your money to work hard for you eslewhere,,,
before this rally really end...
it will be play, but i dont know when...i hear i tell days before hand...pls dyodd.
previously prior to selling this i have said something abt this, i belive you read,..i thk there is nothing wrong with this one, but it is going to be slow..
why not put your $$$ to some potential one to roll faster, before the real bear come...
i also got no info..dun know why this baby down these days. anyone can share?
jiehuangsg ( Date: 31-Aug-2009 23:11) Posted:
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Anyone knows what happenning to this share? Thanks!
maxcty ( Date: 24-Aug-2009 15:26) Posted:
tot can see it breaks 2.4 today...no hope..and now going south..hope to see end this week..
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Anyone knows what happenning to this share? Thanks!
maxcty ( Date: 24-Aug-2009 15:26) Posted:
tot can see it breaks 2.4 today...no hope..and now going south..hope to see end this week..
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tot can see it breaks 2.4 today...no hope..and now going south..hope to see end this week..
everybody is eyeing for it to break $2.50...it will be come sometime soon..
once production capacity increases this will translate into higher sales and earnings upgrade. a good stock to hold in the medium to long term. if u want to play very short term, any TA chartist out there ?
means more upside?
waterfalls ( Date: 19-Aug-2009 12:55) Posted:
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More upside potential?
Re-zoning of Forestry Areas in South Kalimantan
The government decree for South Kalimantan includes a significant area within Straits Asia’s Sebuku coal concession that was previously restricted from mining. That land has now been re-zoned as production forest and is therefore available for mining.
With this change Straits Asia is now in a position to execute its plans to recover valuable coal production from this area. The expected timeline to production, including the finalisation of standard permits for mining operations, is approximately 9 months.
The main re-zoned area at Sebuku is directly adjacent to the North of the current mining operations in the Tanah Putih pit. Coal seams with a cumulative thickness of approximately 12m have been identified along almost the entire strike length of the re-zoned area, highlighting the continuity and extent of the coal basin within Straits Asia’s concession area. Ground conditions are mostly similar to those covering Tanah Putih, being low-lying and swampy and the stripping ratio is unlikely to show much change from the average figure of approximately 4:1 achieved in the past at Sebuku.
Straits Asia will shortly commence the fieldwork programmes and detailed drilling of the rezonedarea in order to develop an updated mining plan for the operation. The results of this work, including further resource and reserve numbers, will be announced in due course.
Commenting on the news Richard Ong, CEO of Straits Asia said, “The re-zoning effectively unlocks the door to the next stage of Sebuku’s development, confirming the operation as one ofthe lowest cost, high quality thermal producers in the region.”
Mr Ong added, “We will move to ramp up production from this area as soon as possible so that we can utilise the full capacity of the new infrastructure facilities recently completed on the Island.” Straits Asia Resources has announced that the Indonesian government has formally completed a process for rezoning land use across South Kalimantan. |
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More upside potential?
Re-zoning of Forestry Areas in South Kalimantan
The government decree for South Kalimantan includes a significant area within Straits Asia’s Sebuku coal concession that was previously restricted from mining. That land has now been re-zoned as production forest and is therefore available for mining.
With this change Straits Asia is now in a position to execute its plans to recover valuable coal production from this area. The expected timeline to production, including the finalisation of standard permits for mining operations, is approximately 9 months.
The main re-zoned area at Sebuku is directly adjacent to the North of the current mining operations in the Tanah Putih pit. Coal seams with a cumulative thickness of approximately 12m have been identified along almost the entire strike length of the re-zoned area, highlighting the continuity and extent of the coal basin within Straits Asia’s concession area. Ground conditions are mostly similar to those covering Tanah Putih, being low-lying and swampy and the stripping ratio is unlikely to show much change from the average figure of approximately 4:1 achieved in the past at Sebuku.
Straits Asia will shortly commence the fieldwork programmes and detailed drilling of the rezonedarea in order to develop an updated mining plan for the operation. The results of this work, including further resource and reserve numbers, will be announced in due course.
Commenting on the news Richard Ong, CEO of Straits Asia said, “The re-zoning effectively unlocks the door to the next stage of Sebuku’s development, confirming the operation as one ofthe lowest cost, high quality thermal producers in the region.”
Mr Ong added, “We will move to ramp up production from this area as soon as possible so that we can utilise the full capacity of the new infrastructure facilities recently completed on the Island.”
Straits Asia Resources has announced that the Indonesian government has formally completed a process for rezoning land use across South Kalimantan.
Just sold mine at 2.33..shifting my $$ to other counters..
risktaker ( Date: 19-Aug-2009 10:30) Posted:
already dump this and switch to midas this morning :)
maxcty ( Date: 18-Aug-2009 22:58) Posted:
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can this hit 2.5 or higher tmr/thursday? |
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it's better not to be over-exposed to one stock. better to spread the eggs in a few baskets.
cheongwee ( Date: 18-Aug-2009 22:34) Posted:
actually, to sell in a down market is not right...we shd sell to a rally...but yesterday was a gamble..for me..
i tok to sell and buy back days later cheaper, but i was wrong, i loss some profit...the market come back up today...hahahaha
but anyway i took this opportunity to downsize,as late summer approach and buy more of my mermaid...
we can never always win...for me till now , i thk Him abv..for the $$$ make..so far...thanks God.
gd luck to all.. |
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already dump this and switch to midas this morning :)
maxcty ( Date: 18-Aug-2009 22:58) Posted:
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can this hit 2.5 or higher tmr/thursday? |
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can this hit 2.5 or higher tmr/thursday?
Cheongwee,
I think at the end of the day, do what you must do. we know our own limitations and how much we can stretch lol, appreciate how
you always advise everyone to trade with care
actually, to sell in a down market is not right...we shd sell to a rally...but yesterday was a gamble..for me..
i tok to sell and buy back days later cheaper, but i was wrong, i loss some profit...the market come back up today...hahahaha
but anyway i took this opportunity to downsize,as late summer approach and buy more of my mermaid...
we can never always win...for me till now , i thk Him abv..for the $$$ make..so far...thanks God.
gd luck to all..
