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Dunno man. Commodities are in play in the next 3 years (my earlier guess).
Soros's views here:http://www.bloomberg.com/news/2011-01-27/soros-says-higher-commodity-prices-likely-to-last-for-a-couple-of-years-.html
Draw your own conclusion 
GMG can keep la.. 
yummygd ( Date: 28-Jan-2011 12:06) Posted:
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GMG is a BB stock.. good for push and dump.. no growth potential one
but if sentiments on sritrang no good...then won't related companies be dragged down too?
look at keppel and sembmar. one up, the other up. one down, the other down. same for the 3 local banks.
yummygd ( Date: 28-Jan-2011 12:06) Posted:
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sentiments of thai si lang is not very good now neh...wonder shall i take risk n try contra gmg again....if thai si lang open n dropped like crazy...will gmg goes up? i dunno...any one any idea?
kaoluck ( Date: 28-Jan-2011 12:04) Posted:
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Sri Trang, which has been listed in Bangkok since 1991, had a massive year last year amid a 50% rally in rubber prices. The share price surged 696% which, according to Bloomberg.
Quite an expenssive IPO man..
Much prefer the growth potential of GMG.
hahahaha good one anyone bought e ipo?
zllz78 ( Date: 28-Jan-2011 11:48) Posted:
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Our world class SGX never query Thai si lang ipo y send out fake news one... really will thai si lang
hear thai sir lang ipo not very well received. heard only la...from one of e fourm poster. hmmmm
If cant close n hold at 0.315, the next resistance is 0.305. Beware CNY near, this may drop due to heavy profit taking to side line for the holidays.
unfortunately this time surge was a mixed of call by boa n e fake news by thai sri lang. its e effect of e fake news that resulted in this sell down once again. If thai sri lang did not release e fake news n gmg surged because of the call. e surge should have kept n hold. investing wise dun worry. a call has been made by such a big bank. I think e price will be depressed till e ipo. after that should rise for gmg. unless ivory coast give us present.
GuavaXF30 ( Date: 28-Jan-2011 09:38) Posted:
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O BTW, BizTimes has buy call from Bank Of America. I would ignore this unless you are planning to hold for at least 2 years. Or for that matter, any analyst. I still think it's going below 0.30 c.
GuavaXF30 ( Date: 28-Jan-2011 08:22) Posted:
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Same pattern all over again. Hit 0.32 and than fast retreat. If follow past, will ding dong at 0.30 level for a week or so and than collapse to 0.28-0.29 again. I personally paid very heavily for this lesson. Once bitten, twice bitten again, what an idiot......
zllz78 ( Date: 27-Jan-2011 16:57) Posted:
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so fast gone case.. 0.305 liao.. what sort of lousy calls by the analysts
this sri tang is very slimy ..
one moment don't list one moment list..
trying to create news for themselves rite..
hehe so my price of 40 cent is e resistance? have faith it will break
krisluke ( Date: 27-Jan-2011 10:02) Posted:
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Thanks, yummygd. :)
Glad that you have made $ from the contra. Really skill to play contra i.e. buy and exit at the right time.
yummygd ( Date: 27-Jan-2011 09:58) Posted:
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ya lor. i agree damn underhanded. think Thai side they wanted to creat "fake news" cause their stock price fell quite abit so den pretend to say not listing or postphonin or something den their bangkok stock price go back up now they say oh it was a mistake. shouldn't someone pay for that fake market news? where got mistake regarding this. Its like getting married. give out invitation den morning say oh not getting married anymore den afternoon say going ahead den nite went definately married.
bluekelah ( Date: 27-Jan-2011 09:42) Posted:
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CIMB 27 Jan 11
GMG Global (GGL SP; S$0.32) – BUY
FY11P/E: 10x, P/BV: n.a
• The stock broke out of its bullish flag pattern yesterday on strong volume. It
also took out its 50-day SMA in the process. This breakout would likely take
prices to new highs in the days or weeks ahead.
• Its MACD has just moved back into positive territory while its RSI saw a sharp
hook up above the 50-pts neutral mark. Both indicators suggest that there
should be follow through buying.
• Traders may opt to buy now with a stop placed below yesterday’s low of
S$0.285. One can also place a stop below the support trend line at S$0.28.
We expect prices to take out the old high of S$0.345 to test the S$0.365 levels
next as long as the S$0.28 level is not breached. The following resistance is at
S$0.40.
GMG Global (GGL SP; S$0.32) – BUY
FY11P/E: 10x, P/BV: n.a
• The stock broke out of its bullish flag pattern yesterday on strong volume. It
also took out its 50-day SMA in the process. This breakout would likely take
prices to new highs in the days or weeks ahead.
• Its MACD has just moved back into positive territory while its RSI saw a sharp
hook up above the 50-pts neutral mark. Both indicators suggest that there
should be follow through buying.
• Traders may opt to buy now with a stop placed below yesterday’s low of
S$0.285. One can also place a stop below the support trend line at S$0.28.
We expect prices to take out the old high of S$0.345 to test the S$0.365 levels
next as long as the S$0.28 level is not breached. The following resistance is at
S$0.40.
gmg is currently e main rubber play on sgx so it will defiinately affect it. not exclusive anymore get what im saying. though personally i dun think in e long run it will affect gmg.at least for e short term pricing gmg will either go down a little or stay still.Cause yesterday whatever i bought i did it for contra purposes. hence this news affected me. for my investments lots im letting it stay as in e long run GmG have huge potential. China is definately e biggest consumers now n GmG is there.Plus the company expansion seems to be in e right track. im keepin my investments for future growth.
crystal1818 ( Date: 27-Jan-2011 09:44) Posted:
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How will it impact GMG if they list in Sin?
yummygd ( Date: 27-Jan-2011 09:21) Posted:
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