
huh. what u mean? that they won't buy and this counter won't rise already??
If I'm a BB, I would bash it down to $0.85 and buy all at one shot. Why would I bash it to below $0.90, then buy? When it above $0.90, why would I push it down and buy after every dip? Doesn't make sense.

CIMB: Reiterate TRADING BUY with a price target of $1.50.
http://www.remisiers.org/research//GoldenAgri-130508%20Trading%20%20buy%20cimbpdf.pdf
By Carmen Lee
OCBC Research
Tue, 13 May 2008, 08:46:57 SGT FOCUS
Golden Agri-Resources Ltd: Golden Era Continues
Summary: Golden Agri Resources (GAR) posted a good set of 1Q08 results yesterday, with revenue up 171.5% YoY to US$747.4m, aided by both higher CPO production and a near-100% surge in CPO market prices. Net profit likewise surged 101.9% YoY to US$442.8m, boosted by a net gain of US$307.0m from changes in the fair value of its biological assets (after tax and minority interest). If we exclude this gain and other exceptional items, underlying net profit would have risen by a stronger 177.4% to US$135.7m. Given its good 1Q08 performance, as well as the still buoyant outlook for CPO market, we are revising our FY08 revenue estimate by 14.8% to US$2,680m, as well as our underlying earnings by 13.7% to US$790.0m. However, as we are lowering our valuation from previous 15x to 12.5x market PER, our fair value inches up from S$1.33 to S$1.34. Although GAR did not declare any dividend in 1Q08, versus a dividend of S$0.02 a year ago, management affirms that it should be paying out 30% of its recurring income this year. We maintain our BUY rating. (Carey Wong)
satisfied with today closing. I prefer it go forward, everyday 2 cents by 2 cents, but if it can go like Mercator, 10% by 10% per day, lagi baik...
Tks AK sees. Sorry, wrong command, don't move. Cheers.
NAME | MONTH | OPEN | HIGH | LOW | BID | ASK | LAST | SETT.P | CHANGE | OI | VOLUME |
FCPO | Jun 2008 | 3551.00 | 3587.00 | 3551.00 | 3579.00 | 3583.00 | 3579.00 | 3514.00 | 65.00 | 4906 | 503 |
FCPO | Jul 2008 | 3565.00 | 3612.00 | 3565.00 | 3604.00 | 3606.00 | 3605.00 | 3532.00 | 73.00 | 18742 | 3,179 |
FCPO | Aug 2008 | 3570.00 | 3617.00 | 3570.00 | 3610.00 | 3613.00 | 3614.00 | 3540.00 | 74.00 | 9676 | 1,162 |
FCPO | Sep 2008 | 3590.00 | 3610.00 | 3590.00 | 3610.00 | 3615.00 | 3610.00 | 3535.00 | 75.00 | 2029 | 26 |
CPO prices remain strong. Current valuation attractive. Expect Golden Agri to break out of this strong resistance at .98cents by today or end of the week. Vested.
you are right.
u cant compare like that...
GAR did stock spilt 2 times
AK_Francis ( Date: 14-May-2008 12:20) Posted:
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That is also my observation. Fund manager need a few good quarters to convinced about this counter because of its legacy hangover. Only when they buy would this fellow cheong. I am optimistic. Vested and holding.
Ha ha Wilma Q1 prifit was just USD 343m whereas GAR was 443m. Wilma now around $5 but GAR just under a dollar???? Of course we can't deny price of the top 5 market capitalisation coy.
There is much potential for GAR to climb higher. How high to sell and how low to accumulate more, your wise judgement leow. AK, small timer, keep 20, a bit greedy, aim at 1.93, 20k target mah. Ha ha.
My opinion is that this stock has further upside potential. Looking at the trading volume, looks like BB is slowly accumulating. Valuation is now very attractive base on current price
hello. roughly what is the peak for this counter's rise? as in, what would be a good selling price if i'm holding on to a couple of lots...
congrats to those GAR hardcore supporters !!! hee...
i m still waiting for 90cts enter :)
bro... here what i want....
jackjames ( Date: 14-May-2008 09:38) Posted:
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yeah, touch 100 days MA. This is a laggard compared to First Resources and Indo Agri... Congrats to those vested.
I am very happy today, are you?
Just book airasia ticket to MACAU, it is FREE, can you imagine ??! then, now booking HangZhou (shanghai trip) , checking the date..
goto www.airasia.com for free international tickets on sales since yesterday 3 am morning, grab before it is gone ! ha ha..
damn, this palm oil make me happy.
jackjames ( Date: 13-May-2008 17:16) Posted:
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long awaited rise for this bugger!..
wow....so what the price now.... 98c........ dam....i think i want 1 lobster for each person man....not share share....

u still want to book some cheap airfare.... now have ppl subside u lor.....