
There's an article today, that sales of automobils in US increased, despite a slowing economy, ..it goes  to show the heavy dependence on vehicles, esp commercial vehicles like trucks, lorries, vans, as deliveries need to go on, rain or shine...thus demand for wheels, hence rubber, will remain strong, and the world's supply is not too elastic, unprredictable sometimes due to freak weather.
That's why cannot bounce.
bishan22 ( Date: 03-Aug-2011 10:54) Posted:
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This rubber ball very hard, still at 0.25.
bishan22 ( Date: 02-Aug-2011 18:44) Posted:
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Aiming at 0.24 but did not reach that level. Well supported at 0.25. 

Heard ML cut it's price objective. Probably better to wait and
see this round bottom out before entering. Good stock, but poor
macro conditions.
Be patient, hold and you will be rewarded. This is going to be a star.  Buy within yr means, dun  play contra.
its a good stock.. yet ppl selling it down...
bishan22 ( Date: 02-Aug-2011 09:11) Posted:
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Those took profit should be waiting for the next reload. Hahahah.

bishan22 ( Date: 01-Aug-2011 10:02) Posted:
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As at now, 7.8 mil shares sold vs 800K bot, yet price fell only half cent, to  26. I can only conclude: accumulation in progress.
  na... if supply affected.. rubber prices will go up.
agree with Steadylar, I am sure someone will come out with
another positive report to buy. 

bishan22 ( Date: 01-Aug-2011 10:02) Posted:
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Selling has begun. Good luck.  

steadylar ( Date: 30-Jul-2011 23:43) Posted:
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Apologies, pls note errors  in my post: GMG's results were out Thurs (not Wed), and DBSV's  analysis was out as soon as the next day (Fri)  2.39pm.
look at  the  charts (daily & weekly), do they signal to sell?
yeah.. rubber prices will head north if there is a supply drop..
steadylar ( Date: 30-Jul-2011 23:43) Posted:
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I wont be surprised if very soon another analyst come out  with a  BUY call. By the way, if i'm not wrong,  sinochem recently increased its shareholding  in GMG and also put in 2 veterans from sinochem into GMG's top executive team. GMG is in Net Cash position.
Thanks bishan22, I also read the same analyst by DBS Vickers. Take note:
GMG published its profits on Wed after mkt closed. Guess how fast DBSV  churned  out their very brief analyst? It was published  at Sharesinvestment.com on Thurs  around 2 pm!  Woaa, they are SO MOTIVATED to rush it out! smell something fishy?  maybe their traders were caught unprepared by such a good result, and haven't been  accumulating yet, and  they want to buy. A solid stock that can grow and grow, I wont sell cheap. 
Read GMG's detail report yrself and make yr decision. 
  Time to take profit. Good luck 

 
Downgrade to Fully Valued. With minor changes to our  earnings, we maintain our S$0.22 TP. Despite our  favourable view on GMG’s blend of plantations and  processing plant assets and strategy of acquiring working  capital constrained processors such as TBH, there is 17%  downside to the share price from current level. Hence,  downgrade GMG to Fully Valued.  
Feel very encouraged by the strong profit performance. Go GMG! Charge!
Price was unfairly beaten down the last few mths. Bright prospects for rubber, giant (Sinochem) backing, strong management, cash rich, also good to keep some for the long term growth
nice profit!
Unloaded early.. 

yummygd ( Date: 28-Jul-2011 21:05) Posted:
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yeah!!swee!!
muifan ( Date: 28-Jul-2011 20:54) Posted:
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GMG result is out...
congrats to all that stick out thick and thin with this
attitude problem rubber boat...
257% increase in revenue growth