Golden Agri-Res    Last:0.29    +0.005

GoldenAgr

Actually I cannot understand why this counter is hammered so badly - from a high of 0.655 drop to 0.505 in a matter of days. It is not that the CPO fell drastically in the past few days or so, and I don't think U.S's plan to impose restrictions on banking, tightening of monetary policy in China and other bad news will directly affect its business, so why the pessimism w this counter?

Let's hear some alternative views on this. If we can somehow be convinced that this pessimism is only temporary then it's probably the best time to load up. What d'ya think?

 

515..cheap sale..

below 50c accumulate..

 

hi to everyone, can I ask why is this counter still droppping? iT has drop quite a bit, but it looks like the drop is not stopping. Care to post your views ... Thank you. Jeremy

 

I have also observer Golden Agri. it looks set to grow further. Presently it is not in my basket of shares. However I am just waiting to see how the recent market dip would effect most of the counters.

You could also consider ChinaOilfield even with the present price of crude oil down. We must not forget China herself is a potential huge market.

Just last night when I was watching the news highlights, GM is forcasting a 2million car sales in China for 2010.

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An interesting feed on  stockmarketwatch for limited time period

Bearish Flag Chart Pattern





 

Bearish flag or bear flag is a bearish chart pattern formed in a strong bearish trend indicating the continuation of the downtrend after a small pause. This is considered as a highly reliable chart pattern and often formed in strong downtrends; in fact, one can often see more than one bear flag in a strong downtrend. Bearish flag pattern resembles bearish pennant chart formation, but here the price consolidation is between two parallel trendlines forming a rectangular flag shape as against converging to form a triangular or pennant shape.


Publisher link and complete article in www.stockmarketwatch.info

regards

ezy

Disclaimer…The subject matters expressed above is based purely on technical analysis and personal opinions of the writer. it is not a solicitation to buy or sell.

 

buy at 50 most safe 25% correction

 

Risk reward in buyer favour. Huat ah

 

I disagree its bullish. Its bearish. Ever since it hit 0.65, there's been lots of selling pressure. May find support at 0.555. Just closed my short positions at 0.555 and 0.56

victorf      ( Date: 20-Jan-2010 12:36) Posted: buy on dip near $0.57-$0.58 for second round of profit to be made....technically bullish....good luck :) victorf Veteran 18-Jan-2010 12:16      About victorf      Contact       Quote!           x 0 x 0 Alert Admin after shooting to near 65 cents and consolidate for profit taking to near 58 cents, it is chance to buy on dip at price near 57-58 cents based on technical.....good luck :)

 

palm oil price is down.. in line with crude..

 

discounted price now?

 

i think 0.560/0.565 is quite a good deal but still monitoring

street81      ( Date: 21-Jan-2010 09:16) Posted: Indo Agr UP how come Golden Agr no UP

 

Indo Agr UP how come Golden Agr no UP

 

buy on dip near $0.57-$0.58 for second round of profit to be made....technically bullish....good luck :)

victorf Veteran	18-Jan-2010 12:16      About victorf      Contact       Quote!
x 0 x 0 Alert Admin	after shooting to near 65 cents and consolidate for profit taking to near 58 cents, it is chance to buy on dip at price near 57-58 cents based on technical.....good luck :)

 

DOW green green last night also no use...this one is really FLAT

 

DOW green green....good!

 

CPO price is still dropping, better wait for it to recover before vest into this counter. Speculation is temporary, no matter how strong their cash flow is. 

street81      ( Date: 19-Jan-2010 14:57) Posted: This doesn't look good? Why? win_88      ( Date: 19-Jan-2010 14:37) Posted: heavy sellout...   14:35:41 0.575 2,173,000 Sell Down 14:35:12 0.575 100,000 Sell Down 14:32:16 0.575 200,000 Sell Down 14:28:44 0.580 5,288,000 Sell Down

 

This doesn't look good? Why?

win_88      ( Date: 19-Jan-2010 14:37) Posted: heavy sellout...   14:35:41 0.575 2,173,000 Sell Down 14:35:12 0.575 100,000 Sell Down 14:32:16 0.575 200,000 Sell Down 14:28:44 0.580 5,288,000 Sell Down

 

I'm a novice investor and intends to buy this starting next week.. On a long term basis, if this is profitable?

 

heavy sellout...

 

14:35:41	0.575	2,173,000	Sell Down
14:35:12	0.575	100,000	Sell Down
14:32:16	0.575	200,000	Sell Down
14:28:44	0.580	5,288,000	Sell Down

 

I WISH

 

Oil price up, this one up?

 

this one perfrom OK today even though no good news. tmr dunno how