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playing contra is just like playing with fire....
y dont u just open a cfd acc instead?
yummygd ( Date: 11-May-2011 15:40) Posted:
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!!??this counter has corrected n should be in oversold . normally its at 0.28-0.29 n its very strong support is at 0.260 so if bought at 0.27 e downside is not much. even with japan earthquake it went down to 0.24-25 n recovered back to 0.29 0.30 its just a matter of time.....but time waiting is very painful to a contra player sob. that said finger cross no earthquake no anything to hit major business cities around e world. n chia to hold e rate hike till weekends since thats what they like
GuavaXF30 ( Date: 11-May-2011 15:24) Posted:
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Neutral reactions shows that this news already factored in. With recent slight run up, may see some corrections now. Be nimble, be quick. Do not get caught with pants down.
yummygd ( Date: 11-May-2011 13:17) Posted:
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ermmmm no offence but MOVE UR BIG ARSE COMEON!!I wanna take a nap.
Update On Operations In Ivory Coast
Apr 27, 2011
Further to the announcement dated 4 April 2011, the Board of Directors of GMG Global Limited is pleased to inform shareholders and the investing public that its subsidiary in Ivory Coast, Tropical Rubber Cote D'Ivoire, has resumed operations on 26 April 2011.
As reported in the news, the port in Abidjan has re-opened and shipments for export will resume within this week.
By Order of the Board
Xian Ming
Chief Executive Officer & Executive Director
27 April 2011
Shouldnt this be good news? but the stock is stagnant...
just wondering... what sort of news can there be that is good for gmg? earnings hv been reported, it doesnt really have or need to report any winning in contract etc. right?
wishbone ( Date: 28-Apr-2011 10:46) Posted:
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someone seems to be trying to sell. 1 lot up 1 lot up.
wishbone ( Date: 28-Apr-2011 10:46) Posted:
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Still in the hibernating stage and need a strong booster.Hopefully it is coming soon.
Still...midget rise. Gonna let go of this baby soon...
Is a good news...but still...lets see the px tml.
Singapore-listed rubber firm GMG Global (GMGG.SI) said on Wednesday its subsidiary in Ivory Coast as resumed operations on April 26.
GMG Global said earlier this month its plantation and processing facilities in the Ivory Coast would halt operations temporarily due to a country-wide curfew and disruption in transportation after civil unrest erupted in the country.
GMG Global, which is 51-percent owned by China's state firm Sinochem International (600500.SS), expects its annual production to increase to 150,000 tonnes a year by 2012, up from 100,000 tonnes in 2010, the company said last year.
Good things come to those who wait. By first week of may, GMG will start to show its true potential just wait and see.
Sigh.. clear out my holding recently.
moving my $$$ elsewhere
Other shares are much more active.
seems like we are all dreaming...
ya lo.. this one really make me very disappointed. i still rmb when i see the announcement, that night i had dream thought gmg rose till 0.34, so happy. scully wake up its a dream. den now dream nv come true :(
seems like the good news not good news after all.
Hasnt there been enough of good news to drive this counter? why so stagnant...good news just 0.005...bad news drop 0.005...
hope so too.. today doesnt look good too.
No fears. That's because yesterday whole market weak due to players taking long weekend. Ammo less because of low volume.
cheekong22 ( Date: 25-Apr-2011 22:25) Posted:
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seems like the financial announcement doesnt help?