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Other than the price of rubber...I think the buying force is impt...
Tocom closed high as expected....NR price on Malaysia market also moved upwards!
Rubber futures on the TOCOM gained further ground today morning!!
Thanks...Tomm is another great new day of life :) Enjoy and appreciate it, friends!
Happy07,
Even if u are going to be an old auntie, u be a rich old aunite...:) Be patience, GMG is a fundamentally strong company with strong cash flow...:)
:) Hope you will be back soon.....
Hahaha...you won't be...just need sometimes for the BBs to get back into GMG again after mkt settle down...A young pretty woman will become pretty auntie as time fly....
Hopefully I wont have to wait from a young pretty woman to liao auntie....
Forget about all the BBs or AAs....don't the crowds. Believe in yourself!!
Long term investor should focus on fundamentals. Follow that global trend will be a lot easier. This one worth the effort to track closely!
It will take sometime for the BBs to have interest in GMG at this moment...Mkt sentiment is weak...Most BBs will be focusing on the next upcoming development in the IR contracts...Wait till it's more settle down...maybe some will be back in...Me too :-)...Go for the HOT stuffs first...Follow the mkt trend or just wait for your turns...It's reality unless one has a big capital to push it higher....
Views vary on recovery in rubber prices ............
http://www.blonnet.com/2007/03/09/stories/2007030903611200.htm
Rubber futures on TOCOM generally extended gain today....all other major markets remain stable!
The rapid growth of the Chinese economy drives the auto industry to develop dramatically, which also boosts the prosperity of the tyre industry. Data from National Bureau of Statistics reveal that the year of 2005 witnessed a sustainable and steady growth in the tyre industry:............ http://www.theautochannel.com/news/2007/02/05/036098.html
Thanks for the encouragement. Patience is really what I need to learn in life...
Rubber futures on the TOCOM bounced back Thursday, attracting buying on gains in gold and oil futures and the yen's retreat against the dollar. Uptrend still intact.
All still looks good for GMG...just need to be patience.....
Patience my friends....at this time of such market disturbance...this counter is still defending strongly...consider a good thing already...:)
Quite disappoint with the closing. Think it should be doing much better...Can anyone give it a kick!!!
| Rubber Price as on 7/3/2007 per 100 Kg in Bangkok | |||||
| CATEGORY | IN RS | IN USD | |||
| Price | Change | Price | Change | ||
| RSS-1 |  |
10,793.00 | +133.00 | 242.55 | +5.65 |
Yes..still in uptrend!