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Golden Agri-Res    Last:0.245    +0.005

GoldenAgr

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Peter_Pan
    19-Mar-2013 22:43  
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Short positions have been in place earlier on.

Peter_Pan      ( Date: 01-Feb-2013 19:57) Posted:

I have noticed heavy distribution, heavy selldown and likely even huge short-selling positions opened for this stock.

 
 
Peter_Pan
    19-Mar-2013 22:39  
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There are too much supplies causing the price to face resistance. Labour costs are also contributing factors. 

Peter_Pan      ( Date: 28-Jan-2013 13:49) Posted:

Just be careful and play by ear, seems to be on mid to long term downtrend for now.

 
 
GorgeousOng
    19-Mar-2013 22:20  
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Today short sell...59997....瘦 到 皮 包 骨 ! ! ! 哈 哈 ! 有 人 要 留 口 水 了 。 。 。 哈 哈 !

GorgeousOng      ( Date: 19-Mar-2013 22:11) Posted:

Total short sell last week
234364!!!!

 

 
GorgeousOng
    19-Mar-2013 22:11  
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Total short sell last week
234364!!!!
 
 
chinhomia
    19-Mar-2013 08:31  
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this stock hardly to go below 55cents. don't worry, it will rebound back soon.... any price below 60 is a good buy.........

terencee      ( Date: 18-Mar-2013 23:26) Posted:



some people shorting this using CDP. Aimin for 55 at least. if 55 break, it will be 50 already. 

 

Good luck.  

 
 
dippyboy
    19-Mar-2013 01:21  
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wow, this stock chart has twin peaks and a head and shoulder on top of bearish fundamentals.Defied gravity for so long. Nav has yet to reflect revaluation loss and current revenue has 20% down side.More supply coming onstream at year end will further pressure revenue while cost remains elevated. Seems to me a comfirmation of the start of bear trend when it fell below 60c neckline .

 

Trying to catch a falling knife?How to buy ?Maybe a quick trade on rebound at 48c?Any technical expert can chip in, much appreciated.
 

 
terencee
    18-Mar-2013 23:26  
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some people shorting this using CDP. Aimin for 55 at least. if 55 break, it will be 50 already. 

 

Good luck.  
 
 
iPunter
    18-Mar-2013 22:12  
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This Index component stock is welll-played... 
 
 
jason-ice
    18-Mar-2013 22:08  
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With the current rate the market going . i think it will hit there by this two days . i should buy in some to keep as well

New123      ( Date: 18-Mar-2013 22:05) Posted:

think can consider to accumulate 55 - 57.5 cents.

Peter_Pan      ( Date: 18-Mar-2013 16:20) Posted:



May have further to fall. Next support is at 0.54.

UOBKH 


 
 
New123
    18-Mar-2013 22:05  
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think can consider to accumulate 55 - 57.5 cents.

Peter_Pan      ( Date: 18-Mar-2013 16:20) Posted:



May have further to fall. Next support is at 0.54.

UOBKH 

 

 
Peter_Pan
    18-Mar-2013 16:20  
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May have further to fall. Next support is at 0.54.

UOBKH 
 
 
wesely2k
    18-Mar-2013 14:11  
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Go to HOLAND plant Tulip.
 
 
kingkongdotcom
    18-Mar-2013 14:03  
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0.6 broke. Very bad
 
 
HugoTan
    18-Mar-2013 13:59  
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SJ-Stomp
    17-Mar-2013 21:12  
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This counter gone case! No hope !
 

 
iPunter
    17-Mar-2013 09:32  
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I will enter only @.52...

    If it doesn't drop there, so be it... there are so many other stocks to play... 
 
 
Peter_Pan
    16-Mar-2013 13:27  
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J.P. Morgan downgraded palm oil firm Golden Agri-Resources to ‘underweight’ from ‘neutral’ and lowered its target price to S$0.50 from $0.56, on expectations it will be hurt by a muted recovery in crude palm oil (CPO) prices.

By 11:29 a.m., shares of Golden Agri were down 3.1% at $0.62, and have fallen about 4.6% since the start of the year, compared to the Straits Times Index’s 1% rise.

J.P. Morgan said it expects Golden Agri’s fourth-quarter earnings to miss expectations, and forecast a 20% quarter-on-quarter decline in core net profit to US$69 million ($84.5 million) as average CPO prices fell 23% in the period.         

It also cut its 2013 and 2014 earnings per share estimates by 10% to factor in lower CPO prices.

Indonesian plantation companies, including Golden Agri, are expected to see meaningful labor cost increase following this year’s rise in minimum wage, the brokerage said.

 
 
Peter_Pan
    16-Mar-2013 13:26  
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Macquarie Research see the upstream crude palm oil (CPO) sector entering a prolonged downgrade cycle
 
 
bryangoh
    15-Mar-2013 20:28  
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Wondering why this stock so high volume, dividend so low. Price not low at this moment. 
 
 
edchai
    15-Mar-2013 19:49  
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Lucky you. I keyed in my order @0.60 this mirning and matched just 30 sec before 5pm (cry .... )
 
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