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Golden Agri-Res    Last:0.24    -0.005

GoldenAgr

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investor38
    10-Apr-2008 19:35  
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Month Open High Low Last Sett.p Change Volume O.P
APR 2008----3,325--261
MAY 20083,3913,4253,3803,4173,330875075,592
JUN 20083,4053,4513,3803,4423,3251177,49013,022
JUL 20083,4093,4593,3853,4523,3271252,56415,953
AUG 20083,4003,4603,4003,4433,31512819926
SEP 20083,4003,4503,3903,4503,3151353651,823
NOV 20083,4003,4253,4003,4253,300125401,710
JAN 20093,4003,4203,4003,4203,30511546

1,264

 
CPO prices closing near today,s high.  Will provide good support for palm oil counters tomorrow.  Technical charts showing positive divergence.  Fundamentals are good. Immediate resistance at  .98 cents.  Nomura has a price target of 1.13 based on fairly conservative estimates(see previous posts).
 
 
AK_Francis
    10-Apr-2008 17:05  
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Wah, the momentum of its brother Indoagri cheong 10 over %. High around 32cts. Hope Goldenagri will gradually flip over $1 pt, say by tomorrow, if not next week loh.
 
 
nickyng
    10-Apr-2008 16:57  
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aya...CPO is going up siah !! mabbe the luck for this burger is going to chg..hee

NAME MONTH OPEN HIGH LOW BID ASK LAST SETT.P CHANGE OI VOLUME
FKLI Apr 2008 1218.00 1251.00 1218.00 1243.50 1244.00 1244.00  1223.50 20.50  38123 7,981
FKLI May 2008 1209.00 1243.00 1209.00 1235.00 1236.50 1236.00  1215.00 21.00  316 337
FKLI Jun 2008 1205.50 1236.50 1205.50 1228.00 1229.50 1229.50  1207.00 22.50  210 47
FKLI Sep 2008 1188.00 1210.00 1187.50 1204.50 1208.00 1205.00  1185.50 19.50  34 10
FCPO Apr 2008 0.00 0.00 0.00 0.00 3399.00 0.00  3325.00 0.00  261 0
FCPO May 2008 3391.00 3420.00 3380.00 3412.00 3418.00 3418.00  3330.00 88.00  5592 323
FCPO Jun 2008 3405.00 3445.00 3380.00 3435.00 3438.00 3437.00  3325.00 112.00  13022 6,057
FCPO Jul 2008 3409.00 3450.00 3385.00 3442.00 3447.00 3445.00  3327.00 118.00  15953 2,063
FCPO Aug 2008 3400.00 3400.00 3400.00 3430.00 3450.00 3400.00  3315.00 85.00  926 1
FCPO Sep 2008 3400.00 3440.00 3390.00 3431.00 3440.00 3439.00  3315.00 124.00  1823 300
FCPO Nov 2008 3400.00 3420.00 3400.00 3366.00 3430.00 3420.00  3300.00 120.00  1710 30
FCPO Jan 2009 3400.00 3410.00 3400.00 3401.00 3415.00 3410.00  3305.00 105.00  1264 20
FCPO Mar 2009 0.00 0.00 0.00 0.00 3410.00 0.00  3277.00 0.00  778 0
FCPO May 2009 0.00 0.00 0.00 0.00 3410.00 0.00  3277.00 0.00  315 0
FCPO Jul 2009 0.00 0.00 0.00 0.00 0.00 0.00  3277.00 0.00  270 0
 

 
investor38
    10-Apr-2008 16:55  
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Watch for last minute big volume buy up. Likely to close at immediate resistance level of .965 or 97 cents.Shortists have to start buying up soon.  If close up high today, strong positive divergence confirmed.
 
 
investor38
    10-Apr-2008 16:44  
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Selling more koyok for palm oil counters. Big buy up again after pressing prices down
16:42:590.955 30,000Buy Up
16:42:530.95540,000Buy Up
16:42:490.955 3,000Buy Up
16:42:440.95010,000Sell Down
16:42:430.955 10,000Buy Up
16:42:410.95520,000Buy Up
16:42:370.955 10,000Buy Up
16:42:360.95520,000Buy Up
16:42:320.950 10,000Sell Down
16:42:300.955300,000Buy Up
.
 
 
investor38
    10-Apr-2008 16:38  
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Jakarta (ANTARA News) - The Indonesian Plantation Companies Association (GPPI) has appealed to the government to review its decision to raise progressive tax on palm oil exports to 20 percent.

The increase in progressive tax could reduce oil palm plantation companies` and growers` income, GPPI Chairman Soejai Kartasasmita said on Wednesday.

Before the progressive tax was raised to 20 percent in January, the price of fresh fruit bunch bought from farmers was Rp1,843 a kg, he said.

But the price fell to Rp1,617 a kg now, he said.

He said the increase in the progressive tax had led to a decline in the selling prices of palm oil as the amount of export tax paid was higher.

Given the 10 percent increase in progressive tax, the price of fresh fruit bunch bought from farmers would fall 27 percent while export tax on palm oil would increase to 141 percent, he said.

He said the minister promised to review the increase in progressive tax so that it would benefit both the government and oil palm plantation companies.


 



 

 
jamomatt
    10-Apr-2008 16:29  
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alamak, due to work schedule could not monitor so queued and let go at 0.92 for small profit already, come back see the price shoot up so much hahah.
 
 
eltan1
    10-Apr-2008 15:51  
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Hi

How do I get the details on the size and price done for a counter?  Details such as what Nick posted.
 
 
nickyng
    10-Apr-2008 15:44  
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wow...lai liao..... :D

Time Last Vol Buy/Sell
15:44:08 0.940 10 S
15:44:03 0.935 79 S
15:44:02 0.935 20 S
15:44:02 0.935 10 S
15:44:00 0.935 20 S
15:43:52 0.935 30 S
15:43:52 0.935 20 S
15:43:51 0.930 3 B
15:43:45 0.935 10 S
15:43:43 0.935 10 S
15:43:41 0.935 3 S
15:43:34 0.935 100 S
15:43:04 0.930 20 B
15:43:03 0.930 20 B
15:43:03 0.930 5 B
15:42:59 0.930 5 B
15:42:57 0.930 50 B
15:42:53 0.930 3 B


 

 
 
 
investor38
    10-Apr-2008 15:03  
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14:46:35 0.915 30,000 Buy Up

14:46:29 0.915 5,000 Buy Up

14:46:28 0.915 20,000 Buy Up

14:46:27 0.915 10,000 Buy Up

14:46:24 0.915 5,000 Buy Up

14:46:23 0.910 10,000 Sell Down

14:46:23 0.915 100,000 Buy Up

14:46:21 0.915 14,000 Buy Up

14:46:16 0.915 10,000 Buy Up

14:46:14 0.915 20,000 Buy Up

14:46:14 0.915 14,000 Buy Up

14:46:12 0.915 10,000 Buy Up

14:46:07 0.915 5,000 Buy Up

14:46:05 0.915 10,000 Buy Up

14:46:02 0.915 500,000 Buy Up

14:45:58 0.915 50,000 Buy Up

14:45:54 0.915 1,000 Buy Up

14:45:48 0.915 1,000 Buy Up

14:45:37 0.910 300,000 Sell Down

14:44:31 0.910 20,000 Sell Down

14:44:23 0.910 5,000 Sell Down

14:44:11 0.910 1,064,000 Buy Up

14:43:38 0.910 20,000 Buy Up

14:43:33 0.910 10,000 Buy Up

14:43:30 0.910 16,000 Buy Up

14:43:28 0.910 17,000 Buy Up

14:43:26 0.910 17,000 Buy Up

14:43:24 0.910 17,000 Buy Up





BIG BUY UP BETW 0.91 AND .915.   OBVIOUS ACCUMULATION NOTED.  MY OPINION.  TRADE WITH CAUTION AND ONLY MONEY THAT YOU HAVE!
 

 
nickyng
    10-Apr-2008 14:57  
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gee...palm oil is still high now leh..this burger seems slow to react? a result of BB providing the "resistance" ? hee....

anyway....just wait...time will tell loh..

:D
 
 
investor38
    10-Apr-2008 14:46  
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1,065,000 buy up at .91 cents.  Looks like upward movement in palm oil stocks now.  Enjoy the ride.
 
 
investor38
    10-Apr-2008 14:43  
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JAKARTA, April 10 (Reuters) - Indonesian port workers have called off a threatened strike over a bill passed by parliament this week ending a monopoly held by a state firm to operate the country's ports, a union official said on Thursday.

"We are not going to strike, because the government accommodated some of our wishes," said Djafar Achmad, the secretary general of the union at state-run port firm Pelindo.

News of possible strike in Indonesia helped keep Malaysian crude palm oil futures steady this week although traders also said there had been no disruption in deliveries of palm oil to storage tanks or for exports at Belawan.

 

This is probably the reason why indoagri, golden agri, wilmar share prices are not moving up.  Should see more upside potential now that this problem is resolved.
 
 
ryan888
    10-Apr-2008 09:56  
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haha, i just started buy share on jan 2008 . but most of the share i brought are palm oil share like first res and golden agri . still learn the factors that affect palm oil share performance .
 
 
nickyng
    10-Apr-2008 09:52  
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no offence hor...hee...seems like the constant PROPAGANDA dun seems to hv any push-up effect on this burger stock price siah...hee..

anyway..gd luck to those vested !! hope all cheong !! as no meat for me to SHORT oso !! hee

cheers! :D
 

 
investor38
    10-Apr-2008 09:01  
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Last year this time Golden agri was trading btw .63 cents to 72 cts.  With CPO prices up so much since then (CPO prices then was only at 2000 to 2200 ringits).  Not only that demand for palm oil has increased tremendously as evident by the export nos..  Simple calculations would tell you that palm oil companies are raking it in.  What do you think will be the impact of their share prices now?  It has to be up more than what it is now.!
 
 
ryan888
    10-Apr-2008 08:49  
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hope can bounce back to 1.23 this month .haha!
 
 
investor38
    10-Apr-2008 08:43  
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I agree with you Ryan.  Looking at the fundamentals esp. with crude oil prices hitting record high, I think the upside potential for this counter is certainly there.  Past week trading pattern has been rather jittery but  Weekly and daily RSI and Chaikin's still positive trend.  Strong base building up at around 0.87 cents. Since correction from a high of 1.23 on 27.02.08,  fear is still there.  A rebound is imminent.  

ryan888      ( Date: 10-Apr-2008 08:03) Posted:

soya bean price up 5% , CPO will up also ,palm oil share will  cheong today !Smiley

 
 
ryan888
    10-Apr-2008 08:03  
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soya bean price up 5% , CPO will up also ,palm oil share will  cheong today !Smiley
 
 
Naproxen
    08-Apr-2008 14:31  
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http://www.cnbc.com/id/24003263

 

For all you palm oil lovers...
 
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