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4721-4740 of 6778
Last done at 0.595. Reached high at 0.605 morning, but fell below 0.60 again. High vol, good sign. Yah, hope it will charge up again. Been holding ds burger quite sometime liao, though had cleared half load at 0.585 lately, migrated $ to other moving counter. Time for early lunch with Carlsberg liao. Cheers
Yes, this is the next chiong counter...
SINGAPORE, Sept 14 (Reuters)
DMG & Partners has upgraded Singapore-listed palm oil firm Golden Agri-Resources to "buy" from "neutral" and raised its target price to S$0.68 from S$0.50.
Following are the details: COMPANY RIC BROKER RATING (PVS) TARGET PRICE (PVS) Golden DMG & Buy (Neutral) S$0.68 (S$0.50) Agri-Resources Partners STATEMENT:
DMG said it previously downgraded Golden Agri due to concerns of a possible investigation into allegations that its Indonesian palm oil units had cut rainforest with endangered habitats. "We believe this risk has dissipated...Golden Agri's third quarter results will be very strong and wil make up for its second quarter weakness as production has been recovering," said DMG in a report. Shares of Golden Agri were flat at S$0.595 at around 0108 GMT, and have gained 16.7 percent so far this year.
60 cents akan datang (coming) ......
Watch out for a mini bull run on Golden Agri!
http://mystocksinvesting.com/singapore-stocks/goldenagri/golden-agri-trading-in-a-wedge/
Will this impact?
Burger King to stop buying palm oil GAR subsidary - SMART
In response to GAR audit released two weeks ago....
"We believe the report has raised valid concerns about some of the sustainability practices of Sinar Mas' palm oil production and its impact on the rainforest. These practices are inconsistent with our corporate responsibility commitments," Burger King announced on its Facebook page on Thursday. "As a result, we have decided we will no longer purchase palm oil from Sinar Mas or its subsidiaries."
http://www.alertnet.org/thenews/newsdesk/JAK532190.htm
Me too. Hope it will jump back to over 60 cents.
noonelikeme ( Date: 01-Sep-2010 17:10) Posted:
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i am still holding at the price i bought at sky high
Yeah take money first just sold 90 lots at 0.58 still have 30 lots.
they decided not to sell sugar at all..
What happened to GAR? Surged so much today. Any news to be anounced?
PALM OIL SECTOR
PEAKED ? ? ? ?
dUe tO
rIsIng cOst ? ? ? ?
lOwer margIns ? ? ? ?
Jatropha: A new form of energy
wIlmar must have known this THREAT earlier ?
THREAT is PERMANENT and GROWING INCREASINGLY
UNderlyIng rOOt caUse fOr
rEcEnt dIvestment IntO sUgar,
whIch Is a lOw margIn cOmmOdIty
wIlmar must have known this THREAT earlier ?
THREAT is PERMANENT and GROWING INCREASINGLY
UNderlyIng rOOt caUse fOr
rEcEnt dIvestment IntO sUgar,
whIch Is a lOw margIn cOmmOdIty
alantheox ( Date: 23-Aug-2010 21:19) Posted:
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WOW, big big buy volume............
Hopefully can closed @ 0.58 today.
As a rule of thumb, buy when sell call triggered by so called stock analysts....
alantheox ( Date: 23-Aug-2010 21:19) Posted:
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A lot of big Buyer buy up today.
GAR GARING
Greenpeace’s allegations of plantation group engaging in environmentally harmful practices, giving false information to investors, says Dow Jones
Golden Agri cut to Neutral by OSK; $0.50 target
http://theedgesingapore.com/the-daily-edge/business/19540-golden-agri-cut-to-neutral-by-osk-050-target.html
OSK has downgraded Golden Agri-Resources (E5H.SG) to Neutral from Trading Buy, citing uncertainty stemming from Greenpeace’s allegations of plantation group engaging in environmentally harmful practices, giving false information to investors, says Dow Jones. OSK cuts target price to $0.50 from $0.68, based on 11x FY11 earnings vs 15x previously: “The company’s chairman has previously admitted that in an organization as large as this, there are bound to be certain areas of weaknesses, which led to the company strengthening its standard operating procedures. Still, the uncertainty created by the possibility of being investigated by the authorities could weaken the stock price considerably.”
Stock off 1.8% at $0.545.
Short coverings maybe...
noonelikeme ( Date: 23-Aug-2010 16:41) Posted:
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| 16:37:27 | 0.545 | 5,000,000 | Bought From Seller |
hmm good news coming out later?