Golden Agri-Res    Last:0.25   -

GoldenAgr

on the trading screen - i.e. time & sales (POEMS)

liongyanlin      ( Date: 29-May-2008 11:20) Posted: how u all get to view the amount of transaction?

 

how u all get to view the amount of transaction?

 

Today also not bad. 7millions share in a single transaction (sell down).

This counter is getting more speculative...though bubble not formed yet in my personal opinion.

PER is approx 13, more or less in line with regional peers.

 

cyjjerry85      ( Date: 29-May-2008 09:57) Posted: still quite unforgettable of yesterday's single transaction of 10 million selldown at $1 zhuge_liang      ( Date: 28-May-2008 23:59) Posted: According to my broker, Golden Agri eased on talks of aggressive selling by institutions.

 

still quite unforgettable of yesterday's single transaction of 10 million selldown at $1

zhuge_liang      ( Date: 28-May-2008 23:59) Posted: According to my broker, Golden Agri eased on talks of aggressive selling by institutions.

 

Any particular reason?

Since ALL research house has a BUY rating on the stock, CPO Price climb back steadily, stock to be included in the new index tomorrow etc....the stock is still sttractive at PER <13!

 

zhuge_liang      ( Date: 28-May-2008 23:59) Posted: According to my broker, Golden Agri eased on talks of aggressive selling by institutions.

 

erm... this stock will be included in the MSCI index tmr? what are the implications?

zhuge_liang      ( Date: 19-May-2008 20:48) Posted: pikachu, that must have been the FY07 results. It was RM 4,160 per tonne in Mar, but has since dropped below RM 3,600. GAR could be rise ahead of its inclusion to the MSCI indexes on 30/5.

 

According to my broker, Golden Agri eased on talks of aggressive selling by institutions.

 

Greenpeace said that without good governance, Indonesia's plans to utilise millions more hectares in its Papua region are unlikely to be sustainably managed.

Indonesia's agriculture ministry says that since Sumatra and Kalimantan have become too dense for new palm oil plantations, the only land available is in Papua.

Indonesia, which is the world's largest palm oil producer, has three to four million hectares of land suitable for palm oil plantations in the Papua region.

However Indonesia's already the third largest carbon emitter in the world and Greenpeace Southeast Asia Political Advisor, Arief Wicaksono, says oil palm plantation expansion will only increase the rate.

He says such plans usually mean more deforestation and ongoing hunger for land.

“The government should have stronger and stricter controls on how the plantations not encroaching the forests. If you look back to early '07, the Agriculture Minister said that to become number one palm oil producer [in the world], we don't have to encroach natural forests.

 

yes..unbelievable.

dun know which BB is unloading....such single large transaction is not uncommon for last few days. But equally, buying interest is also v strong.


CPO price @ USD1130+ (RM3680+) for last few days. well above average CPO Price for FY08 earning forecast. 

Guess very good chance to stay above 1 dollar in short-mid term?

Good luck
 

 

yes...never seen such a big single transaction before...tt's really an enormous amt of money...

jackjames      ( Date: 28-May-2008 11:29) Posted: 11:28:32 1 500,000 Sell Down 11:28:20 1 2,000 Buy Up 11:28:17 1 1,639,000 Sell Down 11:28:16 1 2,000 Sell Down 11:28:01 1 10,000,000 Sell Down this is the most single transaction i ever seen in my life , 10 millions dollars sell down at 1 time...

 

11:28:32	1	500,000	Sell Down
11:28:20	1	2,000	Buy Up
11:28:17	1	1,639,000	Sell Down
11:28:16	1	2,000	Sell Down
11:28:01	1	10,000,000	Sell Down

this is the most single transaction i ever seen in my life , 10 millions dollars sell down at 1 time...

 

Hope Carey is half right. Cheers.

 

By Carey Wong - OCBC   TP$1.37
Tue, 27 May 2008, 14:37:05 SGT

Golden Agri-Resources (GAR) is one of the world’s largest oil palm planters and key producers of CPO, producing over 1.6m tons in FY2007 and 439,977 tons in 1Q 2008. Given that it has the largest mature planted area among its peers, where approximately 67% of its trees are in the prime age (7-18 years) category, GAR is in a very good position to benefit from the current firm CPO prices. With the buoyant outlook for the overall CPO market, we believe that GAR should have no problems in emulating the strong performance that it has shown in its 1QFY08 results. Despite paring our FY08 earnings estimate by 14.5% to reflect higher inflation impact, our fair value improves from S$1.34 to S$1.37 as we raise our valuation parameter from 12.5x to 15x FY08F PER to reflect the improving market sentiment. As this translates to a potential upside of 34%, we retain our BUY rating.

 

This burger exhausted leow. Hope got strength to climb the tree after lunch.

 

Wow, that's another 65% per cent upside.  Hope they are right!  Still vested.

zhuge_liang      ( Date: 27-May-2008 00:25) Posted: Should continue rising. BNP has an Overweight rating on the plantation sector. It has a tp of $1.70 for GAR.

 

Hmm, one China and the other Indon, no jell leh. Yzj abandon ship GAR fears grasshoppers attack:) Quite agreed, market driven loh.

 

i doubt price sustanainable at this lvl

shld see below 1 again in few sessions... just like yzj..

 

Should continue rising. BNP has an Overweight rating on the plantation sector. It has a tp of $1.70 for GAR.

 

Apa dah, suka suka holiday. EU partial red. 2morow, sw off alarm clock leow.

 

helo....DJ tonite HOLIDAY rite ?!?!? :P

cheers ! :D