Gallant Venture    Last:0.076   -

batam is a crown jews for gallant

Hope can break 0.50!

 

Today breakout of pennant (candlestick chart) ......CHIONG ARHHHH!!!......

 

WOWWWW!!! BIG eat up, juz now eat up in one mouth,  total 1325 lots at 0.49.... sweeeee... swee..... 

 

From Kim Eng - 13/12/2010

What’s cooking
Gallant Venture (GALV SP, $0.36, BUY, TP $0.75) – Gallant Venture’s share price has recovered by 41% to $0.36 since our initiation report last month. We maintain our view that the company is undervalued and if tourist arrivals to Bintan should beat forecasts, the upside to our target price will increase as more developers will come on board to speed up the rejuvenation of the island as a regional tourist hub. This should help create a virtuous circle of growth.

james87      ( Date: 05-Jan-2011 00:02) Posted: any analyst report on this the TP of this counter..thinking of giving it a punt

 

Thanks for sharing.

Zhiwei      ( Date: 04-Jan-2011 16:48) Posted: run so far liao...pull back to add position. fragaria      ( Date: 04-Jan-2011 16:39) Posted:  Gallant seems like no power to move up, any view?

 

any analyst report on this the TP of this counter..thinking of giving it a punt

 

run so far liao...pull back to add position.

fragaria      ( Date: 04-Jan-2011 16:39) Posted:  Gallant seems like no power to move up, any view?

 

 Gallant seems like no power to move up, any view?

 

Our minister is visiting Indonesia to discuss about Bintan and Batam development for the next few days. Might have some surprise.

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_619928.html\


MINISTER for Trade and Industry Lim Hng Kiang, will be in Jakarta from Monday to Tuesday.

He will be attending a ministerial meeting with Indonesian Coordinating Minister for Economic Affairs Hatta Rajasa and other senior officials to discuss the progress of the six joint Economic Working Groups formed after an earlier retreat between Prime Minister Lee Hsien Loong and Indonesian President Susilo Bambang Yudhoyono in May 2010.

The six working groups are set up to enhance bilateral economic cooperation in cruise tourism, civil aviation, manpower and agribusiness, investments and cooperation in the special economic zones (SEZs) of Batam, Bintan, and Karimum (BBK) as well as other SEZs.

During the visit, Mr Lim will also be holding bilateral meetings with Indonesian Trade Minister Mari Pangestu and Industry Minister MS Hidayat.

Mr Lim will be accompanied by senior officials from the Ministry of Trade and Industry, Ministry of Transport and other government agencies for the trip.

Singapore was the top source of realised foreign investment into Indonesia in 2009, amounting to US$4.4 billion. In the same year, Indonesia accounted for the largest number of tourism arrivals into Singapore

 

Wat is the next resistance level if 0.48 is overcome ?

 

almost.

fragaria      ( Date: 30-Dec-2010 08:53) Posted: any idea what is the resistance level? It closed at 0.48 yesterday.

 

any idea what is the resistance level? It closed at 0.48 yesterday.

 

its book px per share is 0.52 (mrq)

 

gallant is growing too fast ?

timqoo      ( Date: 29-Dec-2010 19:43) Posted: looks good in the afternoon with huge buying volume.

 

looks good in the afternoon with huge buying volume.

 

Any comment for today sudden surge ?

 

It is time to come down for Gallant!
http://mystocksinvesting.com/singapore-stocks/gallant/gallant-closing-in-52-weeks-high/

 

kimeng must be holding lot of gallan share..keep on recommend tis share...now ..they make it 75cnts as possible target price..

fragaria      ( Date: 13-Dec-2010 14:30) Posted: Gallant Venture +6.9%; Still Undervalued -Kim Eng Gallant Venture (5IG.SG) +6.9% at S$0.385, extending its recent gains (+45% since start of November vs STI +1.5%) as interest in Gallant--which has landbank in Bintan about a quarter of the size of Singapore--has been revived after Kim Eng initiated the counter at Buy with a S$0.75 target on Nov. 23. Then, the brokerage noted "with land sales in Bintan going at 36 times its book value, it is becoming clear that the company's landbank in the island is grossly undervalued." Today, Kim Eng says despite the stock's 41% rise since initiation, it still maintains its view "that the company is undervalued and if tourist arrivals to Bintan should beat forecasts, the upside to our target price will increase as more developers will come on board to speed up the rejuvenation of the island as a regional tourist hub." Orderbook quotes suggest a S$0.40 cap.

 

I hit bulleyes again, 1st gallant... now GMG turn to chiong arh...

Hope my next bulleyes to be Sound Global and YZJ....

 

Gallant Venture +6.9%; Still Undervalued -Kim Eng

Gallant Venture (5IG.SG) +6.9% at S$0.385, extending its recent gains (+45% since start of November vs STI +1.5%) as interest in Gallant--which has landbank in Bintan about a quarter of the size of Singapore--has been revived after Kim Eng initiated the counter at Buy with a S$0.75 target on Nov. 23. Then, the brokerage noted "with land sales in Bintan going at 36 times its book value, it is becoming clear that the company's landbank in the island is grossly undervalued." Today, Kim Eng says despite the stock's 41% rise since initiation, it still maintains its view "that the company is undervalued and if tourist arrivals to Bintan should beat forecasts, the upside to our target price will increase as more developers will come on board to speed up the rejuvenation of the island as a regional tourist hub." Orderbook quotes suggest a S$0.40 cap.