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star of the day
this one swimming against the tide?
Open your eyes and read below lah..
penguin3 ( Date: 23-Nov-2010 11:49) Posted:
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Is there any reason why it rose so much? it was trading at 0.255 just few days ago.
thanks
Kim Eng's "Action and Recomendation":
Gallant currently trades at half its understated book value, a level which ignores the growth potential of its Lagoi Bay development as well as other investments.
We recommend investors to BUY Gallant and get $0.18/share for free. The latter will come from its profitable ventures into an iron ore mining firm and a prime real estate
project in Shanghai’s Lao Xi Men, which, at current market prices, could offer 180% upside.
hit 30cnts..well done..
From KIm Eng:
What’s cooking
Gallant Venture (GALV SP, $0.255, BUY, TP $0.75) – New coverage! With Bintan land being transacted at 36x the cost of its landbank, Gallant is grossly undervalued. By our estimates, the stock trades at half its book value. The rapid development of its landbank belies the perception of no-progress while visitor arrivals to Bintan are expected to have risen threefold since 1996. Our target price includes Gallant’s investment in a prime Shanghai property for which we project 180% upside to cost.
Nah... u are dead wrong, i buy n hold long term, go do your own homework.... 
rickyw ( Date: 23-Nov-2010 10:13) Posted:
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then u can short ma?? nice trick..
kiasiDBT ( Date: 23-Nov-2010 09:05) Posted:
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CHIONG ARH....... BETTER QUICKLY BOARD B4 U MISS THE HORSE GALLOPING
From Kim Eng:
Holiday deals for investors – Thanks to the two integrated resorts in Singapore and the economic resilience in Asia, the Singapore Tourism Board reported yet another record for visitor arrivals to the
Republic in August, the ninth in a row. Changi Airport also posted strong growth in passenger traffic for September, noting that both Southeast and Northeast Asia were the most popular destinations. Hotels, resorts and serviced residences in Asia are therefore among the key beneficiaries of this rising trend of short‐haul regional travel.
Trading at 0.5x P/B, Gallant Venture appears to be the most undervalued resort play that is benefitting from an influx of Singaporeans to Bintan.
Gallant Venture (GALV SP, $0.2 – This counter
is poised for more gains and is attempting a breakout
around $0.29 level. Short‐term indicators are rising,
suggesting the momentum is gaining strength.
Forming Inverse H&S,
LS - 9/2/10
H - 1/6/10
RS - 30/8/10
Neckline - 0.285
Now at 100ema and 200ema support
Break above 0.285, will chiong arh...
It oso means some one bot tat 500+ lots rite... for every seller, there is a buyer rite... depends on how u view it.. as a cup half empty or half full.
choonmng ( Date: 11-Nov-2010 12:04) Posted:
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someone sold another 500+ lots... ...
kiasiDBT ( Date: 11-Nov-2010 11:53) Posted:
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looks like accumulation in progress, very resilient, have iron-ore mine in China, commodities are hot now, may chiong soon once accumulation over.
choonmng ( Date: 11-Nov-2010 10:54) Posted:
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this is interesting... no follow through selling over the last back test.
no sure if CK is interested to move this ... but keep under radar... any move up will be fast and furious. ** hint a lot of stops at 0.285-0.3 to be taken out.
for a moment, i thought it is ready to cross 0.3... looks like its again a disco dance
but not moving leh... like an elephant moving 1 bid up 1 bid down....
can feel theengine very hot，，，，，，
人无我有，
人有我新，
人新我精，
人精我变