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561-580 of 6778
the bounce is almost over. time to leave this counter.http://www.youtube.com/watch?v=mvpPvOepk7M& feature=g-all
I think it will fall again....
Can I check with you guy here that it is up recently due to some tax changes right?
If CPO is still weak, this counter will fall again....just my view.....
chinastar ( Date: 02-Dec-2012 13:27) Posted:
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Make a U turn:)
dingbat ( Date: 30-Nov-2012 10:57) Posted:
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Judging from the pre-opening high volume spree, should be chionging today. Fingers crossed.
probably after the pull back
yoyo2012 ( Date: 29-Nov-2012 13:41) Posted:
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May I know what's the good entry point?
very high volume.
66c.. up close to 4%
go go GAR
gd luck dyodd
Pent up demand. greed
bbwolf82 ( Date: 21-Nov-2012 09:23) Posted:
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Any reason for that?
Super.White ( Date: 21-Nov-2012 09:09) Posted:
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It shall bounce soon ..............
After hitting a three-year low in early trade, crude palm oil futures on Malaysia’s derivatives exchange reversed direction Monday, rallying to close higher after the release of data showing that inventories rose less than expected in October.
The benchmark January contract at Bursa Malaysia Derivatives ended 0.3% higher at 2,324 ringgit a metric ton after tumbling more than 4% to MYR2,220/ton in the first 10 minutes of trade. It was only the second gain in the past seven sessions.
The market rallied after the Malaysian Palm Oil Board reported that end-October inventories totaled only 2.51 million tons–a record high but well below market expectations of 2.70 million-2.82 million tons. Short-covering in the afternoon session helped fuel the rally.
Malaysia's production of palm oil in October fell 3.3% from the previous month to 1.94 million tons, while exports reached 1.76 million tons, an increase of 16% from the previous month, the MPOB said.
" From the latest MPOB data, we can conclude that Malaysian stocks aren't likely to hit 3 million tons in early January," said S. Paramalingam, executive director at Kuala Lumpur-based brokerage Pelindung Bestari.
Mr. Paramalingam was referring to a forecast by analyst Dorab Mistry, who last week reiterated that stockpiles could surpass 3 million tons by Jan. 1.
" Toward the end of December, stocks in Malaysia could hover around 2.2 million tons. We think that the inclement weather will have an impact on output, seeing as the monsoon has already affected palm oil areas in the northern region of peninsular Malaysia," Mr. Paramalingam said.
In the cash market, refined palm olein for January/February/March shipment was traded at $800/ton and $802.50/ton, free on board Malaysian ports, a physical market trader in Singapore said.
Open interest on the BMD was 138,400 lots, versus 138,208 lots Friday. One lot is equivalent to 25 tons.
A total of 48,969 lots of CPO were traded versus 40,042 lots Friday. From http://www.palmoilhq.com/PalmOilNews/asian-crude-palm-oil-rises-sharply-on-short-covering/
Golden Agri seems to hv hold up well . It may move up from here..
Palm oil price drop like that.
Will all these palm oil counters suffer asset
Write down and incurred loss in NAV?
Since 2009 biological asset were written in assets and increase profit and NAV, to be fair, it shall be written down.
Will all these palm oil counters suffer asset
Write down and incurred loss in NAV?
Since 2009 biological asset were written in assets and increase profit and NAV, to be fair, it shall be written down.
Wonder how low can it go.. Below its NAV Liao. But yet the palm oil market not working well. Catalyst from china likely to boost it.
saw somewhere that palm oil not doing well... 0.56 is a sure bet...
Does this mean that this share may go up?
The dividend means $6 per lot..
Is it worth?
The dividend means $6 per lot..
Is it worth?
tiancai007 ( Date: 12-Nov-2012 22:05) Posted:
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_221F847BAE8FF44F48257AB400339CB6/$file/GAR62-12-11-2012-PressRelease.pdf?openelement
Profit down 20% but announce dividend of 0.6c per shares.
Profit down 20% but announce dividend of 0.6c per shares.
Golden Agri is trading in a down trend channel but getting near to the recently low of $0.595.
http://mystocksinvesting.com/singapore-stocks/goldenagri/golden-agri-down-trend-channel/
Reaching my target of 0.59 soon !