
Is there share dilution for golden agri?
This week is the window dressing week for funds before their quarterly reports. This counter is a constituent of STI and counstituent counters are often included in funds.
Golden agri price earlier yest and early today is pretty attractive given it's trading (and is still at closing) under its NAV. Good for funds to boost the books with lesser cash in my opinion. But this dressing time will end soon.
Challenging outlook but "should" remain profitable. High risk counter. Think it's price will rise above its NAV of .66 soon, but hitting higher will be hard in my opinion.
Am vested, entered yest.
Golden agri price earlier yest and early today is pretty attractive given it's trading (and is still at closing) under its NAV. Good for funds to boost the books with lesser cash in my opinion. But this dressing time will end soon.
Challenging outlook but "should" remain profitable. High risk counter. Think it's price will rise above its NAV of .66 soon, but hitting higher will be hard in my opinion.
Am vested, entered yest.
On Tuesday, Golden Agri re-test the support at $0.64 and closed at $0.64 with HIGH volume of 0.192 billion shares traded.
Both RSI & MACD are bearish though RSI in oversold region.
Important Resistance of Golden Agri: $0.665
Immediate Support of Golden Agri: $0.64
Currently prices are well below 20/50/100/200 days MA.
Since 18/July, prices have  ............    READ MORE
 
if it is genuine buy up mayb got a chance to inch,but heard that fundamental news price are depress are not good to golden agri
but then again RSI are oversold condition and fundamental business are strong though,long term wise should wait for an opportunity to enter
At the time of 17:04:53 there is more 1000 lots buying up this counter,something is cooking
Shortsell cover back?
ok noted tks!Gd luck to u!
rutheone1905 ( Date: 25-Sep-2012 16:40) Posted:
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chinaminzhong n UOL if volume dropped n turn red.....
rutheone1905 ( Date: 25-Sep-2012 16:38) Posted:
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gallant currently.
eyeing simlian 
New123 ( Date: 25-Sep-2012 14:18) Posted:
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tks! which counter u r shorting?
rutheone1905 ( Date: 25-Sep-2012 14:04) Posted:
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my lousy TA shows me Wilmar will meet resist at 3.305 (software generated) so realistic price should be 3.3
New123 ( Date: 25-Sep-2012 14:00) Posted:
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ok tks!
rutheone1905 ( Date: 25-Sep-2012 13:47) Posted:
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Re-bounced  from .63. Large volume (> 7000 lots) buy at .635, taking to next bid-ask.
New123 ( Date: 25-Sep-2012 12:08) Posted:
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hey i did a quick TA the turning point is 0.63!!!
erm.......just for shiok lar
me shortist not longist  
New123 ( Date: 25-Sep-2012 13:41) Posted:
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tks! May go in to buy some.. just for fun.. Any view for wilmar? seems forming a bull flag and most likely will test $3.35 again.
rutheone1905 ( Date: 25-Sep-2012 13:37) Posted:
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possible......
New123 ( Date: 25-Sep-2012 12:08) Posted:
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May see a rebounce from 60 - 62 cents...
hope forumers escape this fall
rutheone1905 ( Date: 23-Sep-2012 21:40) Posted:
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Free falling...
i came across a ticker while watching CNBC news, it read something like palm oil coy over stock n price depressed.
so i think better keep clear of goldenAgr n indoagri for time being.
not vested. 
70c strong resistance is yet another crossroad
being the recent high, 50ema & at top of the channel
1. a possible turning point down the upper channel
2. a break above the 70c mark
unless the ton of buyers at 66c wear out
and replace with new buyers willing to buy up
no idea if intra day surge would hit 70c
buying strength, external news, general market mood 
should determine the pace
L-plate view nia do take with a pinch of salt
whencanchange ( Date: 22-Sep-2012 00:55) Posted:
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