
darylwj ( Date: 10-Jun-2008 16:27) Posted:
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guess will stay around this price for a while.
fundamentals intact...as well as this sector is still good...however technical wise...it seems that yesterday it had broken down of the uptrend...so probably will go downwards
it may probably be a gd time to collect it again...but not at the moment..
If you've done your homework, then you can see that the target prices are rarely reached. As you can see from Wilmar's case. UBS raised Wilmar's tp to $5.90 from $4.55. But they say it's is fairly valued now and downgraded it to "neutral" from "buy", citing a lack of short-term upside to its price.
So I doubt GAR will reach $1.70. You have to apply your own margin of safety according to your risk profile and market sentiment.
investor38 ( Date: 27-May-2008 10:36) Posted:
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Golden Agri-Resources is controlled by the Widjaja family.
There are still lingering concerns over corporate governance and transparency issues. In 2001, Sinar Mas Group (founded by the Widjaja family) subsidiary Asia Pulp & Paper defaulted on its debts, in one of Asia’s largest ever defaults. In terms of transparency, there is still some room for improvement, especially in the level of disclosure for financial reporting.
daarrell ( Date: 02-Jun-2008 11:08) Posted:
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GA inclusion in the MSCI Far East Ex-Japan index takes effect from today 30-May-08.
BB buying up
this share will be in some of the funds ba....
119,032,000 shares bought from Seller at 17:05:04hr
