
Rocket up above 2.9 -3.
With thermal and coking coal price going up when Japan start rebuild
I think shorter may burn badly
  Issue of Pinjam Pakai  for Sebuku’s Northern Leases 
" Singapore – 27 April 2011. Further to the announcement on 11 January 2011, Straits Asia Resources Limited (“Straits Asia”, SGX: SAR) is pleased to announce that the Minister of Forestry has formally issued the Izin Pinjam Pakai (Borrow and Use Licence) for the Northern Leases at Sebuku. Mining activity and exploration work in the Northern Leases is now allowed to start.-------"
Correct, different   type of coals. 
 
citrus ( Date: 26-Apr-2011 22:52) Posted:
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SAR exports thermal coal, not coking coal.
This has gone up alot also. 
Steel cutbacks see China return to coal exports (The Australian  April 25, 2011  12:00AM)
---------Coking coal prices at Queensland ports have shot up from about $US200 a tonne before heavy rains hit the world's biggest coking coal exporting region over summer to about $US330 ($307) a tonne now. -----------
Sorry dont understand what you means???????  
THEY HAVE COOKED THE BOOKS.
Money not only changes hands - it changes people.
 
Having the same feeling after reading their reports again and again. 
citrus ( Date: 23-Apr-2011 18:04) Posted:
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What went up must come down.
It still has the gap to fill up first. 
Possibly it could hit 2.95 and comes back to retest the Moving Average(s) again.
Good luck to you :p
 
I sold off at 2.67 during previous " cheong up" and make an entry on XinRen 0.48 and IndoAgri 2.16 last week.
Wish me luck. 
 
 
catalyst ( Date: 21-Apr-2011 22:03) Posted:
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Stay vested for mid-long term.
If oppurtunity rises, accumulate at corrections. Just look at what Goldman Sucks did.
And PTT has bought 25% of SAR  at 2.69.
No regrets!
citrus ( Date: 23-Apr-2011 18:04) Posted:
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Actually I m quite  disgusted w Goldman, cos their sellcall looks like it was ploy to press the shares down to cover their short, or to depress the price for their house traders to accumulate before the good result. Thank goodness I  did not bother with their fake  conviction sell call n I actually added on a bit when it dropped to 2.40+. I shud have added more on the dip but there was a lot of intraday pressing down n of cos, I was apprehensive that I was wrong on the result.
Just shows us how disgusting n dirty some houses r, trying to manipulate the market n kill hardworking retail investors like me. If I saw the Goldman analyst or housetrader responsible for this,  I would surely give him a few tight slaps n a kick in the nuts, cos if he did it like above, he is criminal trash n should be in jail. I'll bet u he is some Foreign Trash who has taken a good job  that shud belong to  singaporeans, n whatever the housetrader tells him, he says, yes sir, yes sir, three bags full. Just simply disgusting human trash. 
We humbly hope to make more than 10%. Maybe 100%-150%. Cos this stock is maybe the superwinner of 2011.
Those who r worried abt the stock's pedigree should be reassured that PTT has just recently paid CASH for 25% of SAR, valuing it at  $2.69. If PTT dares to pay $2.69 CASH for SAR, they obviously think it is worth much more.
U can also check the directors n see that we have some singkies on board, ex-GM of Temasek Holdings is the deputy chairman of SAR, n also other singkies that work for govt in high position before.
Of course this is no guarantee against the individual stock risk inherent in any stock investment, but at least we have respectable ppl in the board, so not so easy to play punk, like CAO or indon stock.
Other risks are heavy rainfall, collapse of loadout(which happened last year), indo govt suddenly dont give licence etc. But these unlikely--weather is dry recently, licence quite advanced down the road, new loadout built.
Mining risk, is open cutting, not tunneling, so tunnel won't collapse like china n new zealand.
There will always be risks but I think they r minimal in this case. Hopefully there will be a pullback later so I can add on more shares on the dip. I would like to buy more.
   
I am happy for those who made 10%.
We are deeply in need of a special encyclopedia with blank pages for the fellow who knows everything.
those people who read the Sell review from Goldman will then sell it out quickly, and then sell to the one that spread the news! This may be the trick for them to buy in low before a big up swing in near future.
The moral of story?? Please don't blindly believe those review, or Buy, or Sell call from analyst. You will not sure what is the motive behind for them to write! 
http://pick-the-winning-stock.blogspot.com/2011/04/sgp-pick-of-day-4202011.html 
No chance for you to grab some.
 
xing78 ( Date: 19-Apr-2011 00:01) Posted:
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Goldman Sucks trying to make  SUCKERS of those who believe their fake Sell call.
Analyst made big kopu lui for the report Haha.
Bravo to those who held on.
Cheers!
 
risktaker ( Date: 21-Apr-2011 21:45) Posted:
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tell you something funny :P Today Goldman Sac is buying StraitsAsia @ 2.70+ lol
yeah tell people to sell TP 2.00
But they are buying even @ 2.70+
Goldman Sac You win liao lor.... retailers sure " love" you because ur report is on Today's Business Section on tuesday.  All retailers afraid of your report and sell to you ... then you wack up :P
haizz
catalyst ( Date: 21-Apr-2011 19:22) Posted:
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ha ha....sucks!
catalyst ( Date: 21-Apr-2011 19:22) Posted:
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Don't listen to Goldman Sucks.
Analyst kelong big time.
SAR on a roll with good upward momentum, supported by 55dMA, with 15 and 35dMA seperating themselves from 55dMA.
More upside to clear.
u cannot use cpf ....... die " c" standing
niuyear ( Date: 20-Apr-2011 10:01) Posted:
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