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4461-4480 of 6778
epliew, if you shorted earlier on, time to buy back @ 0.76 to cover le. Alot of ppl queuing at 0.755.
calculus1985 ( Date: 16-Dec-2010 09:31) Posted:
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CIMB Technical Comment - recommends SELL
• Prices are forming a small bearish wedge pattern as prices continue to nudge
higher towards its key channel resistance at S$0.81-0.82. The wedge
resistance is at S$0.80.
• As we are now seeing clear signs of a slowdown in buying momentum, we
would advise against buying right now. The failure of its RSI to even reach the
overbought levels suggests that the bulls are probably on its last tank.
• The stock is very much a technical sell in our opinion. Yesterday’s long black
candle suggests that prices are ready to move lower. A break below S$0.77
would likely confirm that prices are heading lower to close the S$0.71-0.72
gap, followed by S$0.67 next. This view is premised on the S$0.82 resistance
remains intact.
Life Is Great
ep, too early to short, there is room to go up..... be patient
epliew ( Date: 16-Dec-2010 09:31) Posted:
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can try short now.. buy back around 0.76 region ... but hor rmb to place a stop loss order wor... just in case the market suddenly become bullish (u nv know)...calculate ur volume properly..be4 u jump in
calculus1985 ( Date: 16-Dec-2010 09:29) Posted:
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roger...
calculus1985 ( Date: 16-Dec-2010 09:29) Posted:
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how long can u short for?? if u don have CFD account, you only can short for one day. I am not sure of intra-day trading. But if u have access to market depth, maybe u can see where all the big player placing their entry at. That might be ur EOD closing price... i guess? (of course not so simple sometime) haha
epliew ( Date: 16-Dec-2010 09:01) Posted:
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uncle, maybe u should sell and buy back later at lower prices ?
AK_Francis ( Date: 14-Dec-2010 21:43) Posted:
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brother any recommend when to short this counter ?
calculus1985 ( Date: 16-Dec-2010 07:18) Posted:
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brother, care to share your chart on this counter ?
bsiong ( Date: 14-Dec-2010 15:04) Posted:
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GoldenAgr is testing the $0.8 resistance level. Will it breakthrough ???
see my analysis on GoldenAgr
Ha ha, few more bottles of Carlsberg liao. Cheers.
Golden Agri-Resources (GAR) is likely to see further boost from the continued run-up in CPO (crude palm oil) prices over the next six months, underpinned by supply-side issues brought on by incremental weather conditions in Indonesia. This is likely to affect CPO output for Malaysia and Indonesia to a smaller extent, and we see the need to raise our CPO price assumption yet again from US$900/ton to US$950/ton; this as we expect prices to edge up even more in early 2011 before dropping off after mid Jun 2011. But in line with the sharp spike in CPO prices, the Indonesian government has also moved to raise the export tax on the commodity from 15% in Nov to 20% in Dec. We are increasing our estimates for FY11 revenue and core earnings by 5.0% and 8.6% respectively. As we are also raising our valuation from 16x to 17x FY11F EPS, our fair value improves from S$0.78 to S$0.91. As there is now an upside of >10%, we upgrade our rating to BUY.
/ocbc ir/
/i came i read i posted FY reading..../
"Jakarta Composite Index (JCI) has grown 45% this year. Estimates are that US$60 trillion was seeking to be invested at present, $48 trillion of which is owned by European and US’ investors.
Palm oil has rallied 36% this year, rising demand in China may strain global supplies curbed by rain and drought in producing nations."
Commodities play to me seen run up already fast beside e concerned china rate hike.
Just a correction similiar to other commodities counter as well.
These counters affected STI performance today
So SAD 
cannot get my qued for .785 today since 11.10am till closing time. Worried for the china interest hike over the wkend....sighh!! Now GAR is overbought. Dunno whether GAR will come down. Anybody can advise?? Thks.
cannot get my qued for .785 today since 11.10am till closing time. Worried for the china interest hike over the wkend....sighh!! Now GAR is overbought. Dunno whether GAR will come down. Anybody can advise?? Thks.
Ha ha, jagan tension, as far as u bt it low, just wait loh. AK got it at 0.53, wat the worry?
calculus1985 ( Date: 04-Dec-2010 14:03) Posted:
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GoldenAgr retest the resistance level $0.78. Will this stock continue its bull run?
read my analysis here
Although still on a long term uptrend but closing in two years high.
http://mystocksinvesting.com/singapore-stocks/goldenagri/golden-agri-gar-on-a-nice-up-trend/
If you have miss the reversal a few days ago, I wouldn't advise you to chase the price now. As there is no clear direction of where this stock will go! There is conflicting bearish and bullish indication.
read my analysis on GoldenAgr
cannot pass the 0.755 barrier.
enghou ( Date: 25-Nov-2010 16:51) Posted:
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Golden Agri - Morgan Stanley's favourite CPO Top Pick
Raising CPO price estimates again: The market now accepts that the 2H10 CPO production recovery will be weak, but may underestimate the persistent weakness in 1H11, which should be followed by a supply rebound in 2H11. Our new CPO price forecasts (CIF) are: US$885/US$990/ US$980 per ton (2010/11/12), 9% above our previous numbers, on average.
GGR (GAGR.SI, S$0.72, O) remains our top pick: Our new CPO price estimates drive higher upstream earnings forecasts. Unlike before, we are now only a few percent above consensus EPS for most upstream names, except for GGR (we are still 14% above for 2011-12e). We downgrade KLK (KLKK.KL, RM20.22) to Equal-weight on valuation.
Risks skewed to the upside: With 1H11 CPO supplies looking tighter than 2H11, stocks could overshoot our price targets (there is still 40% upside to all time high P/Es). We would highlight KLK and IFAR (IFAR.SI, S$2.65, E) as two other stocks with strong upstream fundamentals.
Make love more, don't make more enemies