
That's the idea. To frighten small investor to sell while the BB can collect. As long as fundamentals of palm oil counter are good, don't worry. that is my opinion. I still feel that it will go up based on my reading of the charts and trading pattern.
wow..as ur word just out..some joker dumping at 90cts liao :P
hee..this is getting interesting :D
cheers !!
Chaikin's, stochastic, and MACD starting to show positive divergence again. With fundamentals of palm oil still very stable, expect upward trend in prices for the near term.
Big buy up started. Attempt to keep the price down by BB to collect more.
wow...CPO is up leh...seems like this burger can really play CONTRA siah ! :P
NAME | MONTH | OPEN | HIGH | LOW | BID | ASK | LAST | SETT.P | CHANGE | OI | VOLUME |
FKLI | Apr 2008 | 1218.00 | 1219.50 | 1206.50 | 1208.00 | 0.00 | 1208.00 | 1220.00 | -12.00 | 37878 | 3,606 |
FKLI | May 2008 | 1209.00 | 1210.00 | 1199.00 | 1199.00 | 1202.50 | 1200.00 | 1211.50 | -11.50 | 285 | 35 |
FKLI | Jun 2008 | 1204.50 | 1204.50 | 1192.00 | 1188.00 | 1404.00 | 1194.00 | 1204.00 | -10.00 | 215 | 15 |
FKLI | Sep 2008 | 1172.00 | 1172.00 | 1172.00 | 1106.00 | 1180.00 | 1172.00 | 1181.50 | -9.50 | 33 | 1 |
FCPO | Apr 2008 | 3350.00 | 3350.00 | 3350.00 | 0.00 | 3360.00 | 3350.00 | 3285.00 | 65.00 | 394 | 6 |
FCPO | May 2008 | 3281.00 | 3365.00 | 3281.00 | 3350.00 | 3360.00 | 3350.00 | 3287.00 | 63.00 | 10214 | 1,905 |
FCPO | Jun 2008 | 3327.00 | 3376.00 | 3321.00 | 3359.00 | 3360.00 | 3360.00 | 3297.00 | 63.00 | 14690 | 3,577 |
FCPO | Jul 2008 | 3327.00 | 3376.00 | 3319.00 | 3360.00 | 3362.00 | 3360.00 | 3295.00 | 65.00 | 11377 | 2,246 |
FCPO | Aug 2008 | 0.00 | 0.00 | 0.00 | 3330.00 | 3395.00 | 0.00 | 3260.00 | 0.00 | 877 | 0 |
FCPO | Sep 2008 | 0.00 | 0.00 | 0.00 | 3350.00 | 3380.00 | 0.00 | 3260.00 | 0.00 | 1839 | 0 |
FCPO | Nov 2008 | 0.00 | 0.00 | 0.00 | 3300.00 | 3390.00 | 0.00 | 3245.00 | 0.00 | 1748 | 0 |
FCPO | Jan 2009 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3350.00 | 0.00 | 1266 | 0 |
Big buy up of 847,000 shares at .90cents just after I wrote. Be prepared for the upward ride.
More buy up than sell down since 10.30 am in line with positive CPO prices. Fundamentals for palm oil counters still good. Expect prices to go up sharply this afternoon. Big accumulation by traders and BB this morning. That's my reading . Trade with caution and only money that you have.
Trying to make its way up :)
Ah yoh yoh, Nomura, this joker, can or not? Nonetheless, hope is a hope, cx our fingers leow loh. Cheers.
Nomura initiating BUY with fair value at $1.13. Read the report. Based on fairly conservative assumptions. This is the link. http://www.remisiers.org/research//goldenagri-nomura.pdf
Read for yourself and any comments/inputs most welcomed. Expect prices to go up next week with palm oil price being fairly stable.
Rose on Nomura's initiation of coverage with tp of $1.13.
Ha ha, hi there, all your blessing came true. Just break even. More blessing next week, but the Ang Mo tonite announcement may hinder the advancement leh. Hope for the best. Cheers.
Another attempt for shortist to sell down and buy up again. Stay the course. Remember fear vs greed.
1,200,000 shares buy up at 90cents.
thanks for your great advice and info..........well- posted, keep it up
investor38 ( Date: 04-Apr-2008 16:38) Posted:
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Given the strong fundamentals supporting palm oil futures, it will foolhardy for anybody to try and short this stock. Losses will be big when foreign funds see value and buy up in big volumes. That is my opinion.
There will be an attmpt to sell it down for big boys to collecto some more. Watch more last minute big volume buy up. Expect price to trend up to $1.07 over the next trading day or two. Trade with caution and only money that you have.
Yup totally agreed.. Just now my 1st res fall below 0.9 den emotion comes liao.. very common one, then i learn something, dun look at the price so closely. Take a break, things will change if you are sure of your trade.
investor38 ( Date: 04-Apr-2008 16:03) Posted:
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I am happy that I made the right call. Don't sell too soon. Always trade on fundamentals. Remember fear vs greed. Shortist need to buy back. There will be attempt to sell down with small voume. BB buying up now. Enjoy the ride up.That's my call .
Bro 38.. hapi bo.. hehehe up up up liao