
Singapore – 24 March 2010. Straits Asia Resources Limited (“Straits Asia”, SGX: SAR) is
pleased to announce the latest results from its drilling campaign over the Group’s properties in
Indonesia.
COAL RESOURCES AT JEMBAYAN HAVE INCREASED 100%
FROM 254Mt TO 504 Mt.
COAL RESOURCES AT SEBUKU HAVE INCREASED 240%
FROM 382 Mt TO 928 Mt.
gd or bad news?
will be going down instead of up...
qwerty84 ( Date: 18-Mar-2010 18:44) Posted:
|
its time for this stock to move up soon...
This baby has been very quiet recently. Has he fallen sick?
I think below $2 is a great entry price, their model of of pipeline orders and rising commodity prices have to be in their favor.. vested $2.01
Hei baby... lau sai ?? TP down at $1.75 ?? My MFT friend said one !
wow..strong today..going uptrend now....
$2.1!
technical indicators pointing to an entry..
dyodd
vested below $2..
i have checked...stated USD 0.203....
SupremeA ( Date: 08-Mar-2010 21:59) Posted:
|
Please check sgx or company website. If it has been declared, it will be shown there. Else its anyone's guess
maxcty ( Date: 08-Mar-2010 17:43) Posted:
|
how much is the divd for SAR in may2010. anyone?
SAR will lead the market upwards from now. All penny stocks will upgrade to above 10 cents. Soon there is no such thing is 1 to 9 cent counters because good times are coming and the pennies will metamorphosis from maggots to fireflies! SGX will be loved by every1.Hahaha.
iT iS S$2.08.
xorion ( Date: 08-Mar-2010 12:15) Posted:
|
Volume high doesn't mean it is a signal for another uptrend but I will check out at the end of the session where is the direction this stock will go at my blog http://star-trader.blogspot.com
Thanks,
Star-Trader
ssapple88 ( Date: 08-Mar-2010 12:24) Posted:
|
|
Straits Asia Resources’ management is aiming for a production target of 9.8-10.5m tonnes in FY10. Following a discussion with management, we have lowered our production forecast and average selling price assumptions whilst raising cost assumptions. This leads to a 6-16% cut in FY10-12 EPS estimates and a lower target price of S$2.09 (from S$2.37). Maintain Neutral.
|
Trades for the |
volume high at 2.08....

xorion ( Date: 08-Mar-2010 12:15) Posted:
|
my view is sell for profit now for those who bought @ 1.95~2 last week. at least run with profit and can always come back again if it falls at this range.
cheers and happy trading to all.
will it go up beyond 2.08?
This is commodity breakOut
uptrend looks like still going up strong. lots of buyers accumulating...good news coming???