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Its not going anywhere ????
abt "share buyback"
The prototypical line in a buyback press release is "we don't see any better investment than in ourselves"......read on
http://www.investopedia.com/articles/02/041702.asp
yo brethen, any ideas of large selling of of most cpo stocks. beside first.res. golden agri. were also in the similar sell off ??
any evidence to support ur claim of share being undervalue ?
else you're just gonna be another guy who rants about "BB suppressing prices lah", "BB buying up lah", "fundamentals very strong lah".....
all talk but no evidence...
just my 2 cents worth =)
freeme ( Date: 17-Apr-2008 16:16) Posted:
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first res no energy to cheong liao, gradually drop now .
I mean CPO future
This counter is still under value. Will go up abit more soon as long as COF dun suddenly drop big..
info posted on 16/Apr by: zhuge liang - Elite ... Thk u!
.... Some analyst saw the potential for palm oil outperform other oils as it is still the best bargain, .....
sorry. supposed to be for golden agri,
I will short this counter when it comes to that point.
BIG VOLUME BUY UP NOW. HAD A LOOK AT THE VOLUME DISTRIBUTION CHART. NET BUY UP THAN SELL DOWN NOW. MORE UPSIDE POTENTIAL FOR THIS COUNTER COMPARED TO THE REST. MY OPINION
ryan888 ( Date: 17-Apr-2008 10:12) Posted:
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now sell volume is gradually higher than buy volume . might down later if cpo drop
High vol now.. Enjoy the upside ride
Used to profit so much from this stocks between 1.20 to 1.75. Now at this price, didn't dare to play! Wasted!!!! Waiting for 0.90 again!
From OCBC : TA.. Staging a breakout
1) 10 days Moving Average - The price has cross above
2) High volume, indicating near term bullishness.......
3) Resistance at $1.20..Support at $0.80
Strong rebound will continue tomorrow.
ANNOUNCEMENT
REGARDING ANNOUNCEMENT BY THE CORRUPTION ERADICATION
COMMISSION OF INDONESIA RETRACTING ITS INTENTION TO
AUCTION ASSETS OF FIRST RESOURCES
The announcement states that with the payment of the Rp 346 billion financial penalty
by Mr. Martias on 13 March 2008, the KPK has removed all seizure or transfer
restrictions on the 19 assets listed. Three of the assets, which are plantation and
milling assets, are owned by subsidiaries of the Company, namely PT Ciliandra
Perkasa, PT Pancasurya Agrindo and PT Perdana Intisawit Perkasa.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3214DB965C6945FE482574120033C75D/$file/First_Resources_SGX_Announcement_CorruptionEradication.pdf?openelement
Hi all,
For those who are vested, just wondering what the "share buy back" thingy is all about ?
The circular so thick.... see liao also sian...
any one can enlighten what it is about and how will it affect the share price ?
thanks !
ok la..at least got book some profits yea
freeme ( Date: 16-Apr-2008 14:12) Posted:
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Sold off at $1.. this morning no time to monitor so i set to sell at $1 b4 market open.. Didnt expect to open at $1 straight away..