
after another disappointment tmr lo.... There's been alot of false alarms for this counter la. i just dun wanna have hopes then kena disappointed again. hope it'll be a surprise tmr..
Golden Agri announced sterling quarter results today.
Net Profit doubles to US$443 million.
Revenue increases 172% to US$747 million
Outstanding performance driven by higher production of Crude Palm Oil (CPO) and strong market prices..
Ayoh yoh!! Another anti-climax. Ok, one day a cts keeps the BB away, ha ha.
hee...ok still waiting for entry < 90cts :P
cheers !
Probably BB testing retail investor's patience. Once there is no more retail interest, they will probably buy up. Valuation compared to its peer will become more and more appealing if Wilmar, FR and Indo agri continue to go up in prices. It will be a matter of time before it start to move up. Just my opinion. Continue to be vested.
horrible la. profits like that released also still stuck at this level. what's wrong!!! so frustrating...
well..result is gd oso like dat lah....share price not much movement...very likely cornered by BBs...hee
*yawn* :P
Reason for gap in valuation compared to its peers. See Link below especially part on legacy hangover: http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_77e0fd44-cb73c03a-160c4b00-814a7954
Yes ! The results is in line with my expectation, again double profit like announced in February.
Me vested for long term, funds manager loves this counter, I want to join them too ! follow the big boy should not get wrong ..
Most 0.94+3-5cts. May consider to con away last Fri purchase but keeping the old purchase. Anyway, see first loh. Time kau leow. Bye.
results out liao...dble profit... sell on news!!! woohoo..
how come wilmar and indo rising but goldenagr still like stuck at 9.4-9.45... if ppl are expected a gd financial report at lunchtime release, then should be buying up now wad... anyone can enlighten?
11:20:55 | 0.940 | 1,620,000 | Buy Up |
Yah man, I don't see any reason it don't perform, as with the surging high oil prices. Vested to show support leow. Cheers.
Looks like prices being suppressed down to accumulate before release of results. Cheap by valuation relative to FR, Wilmar and Indoagri. should be re-rated if results turned out to be very good. Don't see why not since average CPO prices since compared to end of last year is about 15% to 20 % higher. Just my opinion.
I hope they don't disappoint me tonight.........
jackjames ( Date: 09-May-2008 14:38) Posted:
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buy on weakness!...
Probably will be sold down at start of trading because of Dow before picking up again. No reason results should not be as good any other palm oil counter.
With strong crude oil prices counter should be well supported. If earnings goes up, this fellow should cheong. Hoping for a 20% upside in price by the end of the year.
wah i really hope this counter reaps gd financial results tmr and cheongs!!! its been some time...
No lah, I am just an average retail investor like most forerunners here. Had some time yesterday. Was just trawling through the
internet to find out more info on GAR. Thought it will be quite reassuring since quite a few funds holding this counter.
Just share share with everyone here. Glad u find it useful.
jackjames ( Date: 11-May-2008 08:39) Posted:
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