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quite excited about monday! japan nuclear crisis almost over, will start rebuilding soon
US go war on Libaya, oil crisis can see the light soon too!
now can only hope miracle happen in Ivory coast!
Tot they already announce their annual results? if quarterly results, this quarter also hven end, haha abit early to think about that rite
btw really hope guava is right, i bought in at 0.26 haha last wk
Don't just rely on me but look at support seen. Price held up well after last Wed (?). In fact, as posted below, buy up towards close even. At above 0.30, I was saying too expensive and sentiments bad (Ivory Coast, rubber price dropping, etc.). But at 0.265-0.27, and as you say, results coming, I feel it has become good value.
bluekelah ( Date: 19-Mar-2011 16:35) Posted:
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so you think even with the poor sentiment on the SGX this counter will up up up?
Any annual report coming out, maybe some dividend annoucement or rights issue?
To me, this has become a definitely buy. Have been loading from the beginning of last week....
bluekelah ( Date: 18-Mar-2011 22:15) Posted:
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| Time | Last | Vol | Buy/Sell |
| 17:05:02 | 0.270 | 9,585 | S |
Possible buy-in from directors or some private buyer.
2 directors have bought 2 million shares each announced 14 march. So either something is brewing or they are trying to support the price.
mooo000 ( Date: 18-Mar-2011 19:20) Posted:
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wonder y today sudden last min buy up of 9m shares at 0.27?
dun look at the shares anymore loh, go drink kopi and come back when GMG hit 20cents :D
my average previously was 0.295, den i average down to 0.28
hoping i can breakeven and lie there comfortably when it return to the pre japan quake crisis
and maybe rise further after the pre ivory coast civil war crisis
haizzz so many crisis
This counter always high volume but intraday range is quite tight.
Aiyo...sian ..I bought at 315...dunno if i should average it. From all sifus...what are your point of views?
If can, hold. Pirce will go back up surely. Rubber what. Even if don t drive car, still need gloves, mats, condoms, etc.
kaoluck ( Date: 16-Mar-2011 12:00) Posted:
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Went in this morning to ave down.
Agree w GuavaXF30 - its sentiment la..
But, I dun think GMG will get affected much medium term..compared
to those stocks with exposure to Japan
Sorry but think no impact. Rubber (and Palm) prices have been climbing and climbing and yet price of GMG, GAR, etc, still down. Short-term, it's all about sentiments, When it's bad, whatever news also no pakay. Only news that will help this week is privatization at high price...
Salute ( Date: 16-Mar-2011 02:20) Posted:
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bloomberg--rubber price up, so what one says here
Rubber prices had been climbing up for a long time already now various major car makers in japan shut down factories and stop production temporary and from this how rubber in demand? GMG price speak out itself.
mooo000 ( Date: 14-Mar-2011 10:54) Posted:
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http://news.ninemsn.com.au/article.aspx?id=8224394
Radiation level falls at quake-hit plant
maybe its not taht bad the situation? anyway added another 20lots today, cross fingers for tml
I am betting definitely start crashing by end of the week. Will be stupid to buy in with japan the world's third largest economy in such bad shape.
RUBBER PRICE is down to USD 446 already , `25% drop since beginnning of march, Don't touch GMG until rubber price has a rebound, we may see 18 cents again soon :D
anyone picking gmg today? dunno if tml will drop or rebound
am considering bet. this and golden agr, looks like an average price to buy now, which is a better choice?