
$9.32?
rickyw ( Date: 12-May-2010 17:22) Posted:
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TP $1.00?
Sept11 ( Date: 12-May-2010 17:17) Posted:
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Golden Agri-Resources’ 1Q net profit surges 932% to $123m. -->>>Tomorrow BT & ST biz headline. What do you think the share price will react tomorrow?
but..why on last minute, 2 million lots sell to buyer...
sianz...not perfect...
rphoenix ( Date: 12-May-2010 17:05) Posted:
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The result today was very good news. Ten-fold is unimaginable! I am guessing tomorrow should open at 0.565
Chiong ah!!!!!
I wouldn't be surprise that tomorrow there will be more brokerage houses upgrade this counter again..... Let's see...
They try to test your patience........to sell lower to them. Who are they? U should know.
rickyw ( Date: 12-May-2010 16:07) Posted:
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but why aroung 0.545 only...reach 0.55 then sell down, it should be up more significant...
After today should see buying interest to resume the uptrend again....0.58 akan datang!
FWAH..Ba da bing ba da BOOMZ!
but oil price in Q2 gettin squeezed..
The Edge Singapore.
Golden Agri-Resources’ 1Q net profit surges 932% to $123m
Golden Agri-Resources says net profit attributable to shareholders rose 932% to US$89 million ($122.9 million) in the first quarter 2010 (1Q 2010) from US$9 million in (1Q 2009) despite low seasonal production.
Revenue surged by 52% year-on-year to US$625 million from US$412 million.
The robust performance was supported by a 50% hike in average CPO market price (FOB Belawan) from US$511 per tonne in 1Q 2009 to US$765 per tonne in 1Q 2010 and a constant palm product output level.
The planter’s financial position as at end of March 2010 remained at a healthy level with conservative gearing and sufficient cash balance. Total assets maintained at US$7.83 billion while total liabilities were recorded at US$2.21 billion.
Golden Agri-Resources says the palm oil industry currently experiences a favourable business environment. It remains positive on the entire palm oil industry as the long-term fundamentals are intact, notwithstanding periods of volatility.
The demand for palm oil, as the world’s cheapest vegetable oil, will continue to grow, well supported by robust core demand from edible oil and increasing demand for substitution as well as alternative purposes, such as oleochemicals, specialty fats and biodiesel, it adds.
NAV = US$0.46 (31st March 2010)
Hey GAR reported US$88.53 million from US$8.58 from last year.
So looks like will cheong later
rickyw ( Date: 12-May-2010 11:53) Posted:
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if news good, then will up until 0.56..........
Sept11 ( Date: 12-May-2010 11:50) Posted:
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Ha ha, we shall see what will happen this afternoon.....
marubozu1688 ( Date: 11-May-2010 21:41) Posted:
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哈 哈,if result good, may be bonus issue loh, ie 1:5 etc. Day dream only lah. Clear 50% of holding when Benhur's issue lately.
will today going up after announcement?
Golden Agri broke the up trend support line.
http://mystocksinvesting.blogspot.com/2010/05/golden-agri-breaks-up-trend-support.html
Dare to gamble?
1Q result coming soon...
CHIONG AH!!!!!!!!!!!!
commodities rule!
Heng ah! dear sifu, AK follows you sometime ago, but I got them avg 0.3ct cheaper. U can march to the bank much happier liao, if u dun wait for the div on 3 May. Cheers.
KiLrOy ( Date: 05-May-2010 20:34) Posted:
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