
Those who bought @.68 today may " tarn tio" next week...  

chartreader ( Date: 10-Aug-2012 19:11) Posted:
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interesting to see if it will gap down on Monday or it will be " sell on rumours, buy on news"  
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3C8963D9FCBB7B4248257A560030743A/$file/GAR45-10-08-2012-2Q2012-Results.pdf?openelement
hmmm.. yes... the 1H is down 35% too as shown in the above link... suspect that the BBs might have gotten some wind if it and shorted the counter the last 2-3 trading days...
sohard4me ( Date: 10-Aug-2012 17:25) Posted:
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Result out... quarterly profit as compared with last year drop 40%...
Very bad 
lets wait for the results in 2 hrs time....
selling diminished.
hope can hold 0.685 b4 closing.
 
not time to enter yet selling pressure still higher but rate of selling start to diminish.
holders of this counter dont panic sell, CPO price should move up soon due to bad weather ard the world. 
 
Regardless though, I hope regulator will investigate any breach or misconduct of potential market manipulation if we want to be a world class market. The timing of the selling by certain house prior to a sensitive information that can move market being released was just to close to be a co-incident.
Still very fresh how retail investors of Facebook were put in a disadvantage as certain sensitive information related to earning estimate by Morgan Stanley's research was only shared to the house institutional clients.
Even we know the counter party is GS, we do not know they're buying or selling for their institutional clients or their prop trading
Greenbean ( Date: 10-Aug-2012 11:24) Posted:
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nope, still holding on till Monday...pray hard dont cui
Anyone unloaded so far? Can post who is the counterparty buyer? Any GS? Thanks.
GS very tricky lah ... How many clients, banks became it's victims when they promote and selling mortgage backed securities as the hot investment, while GS themselves was betting against it.
The fundamental of the company doesn't change much except the CPO price fluctuation, so if you're long term investor just hold tightly.
If you're short term trader, expect selling pressure in the near and immediate term. I hope you have your cut loss point planned and ready before you buy.
This one looks like already " koyak" ... many chart fans will unload... 

 
siao liao lor....wait until face green green

这 样 high chance tmr top vol sell down lol   
chartreader  Member | Posted: 09-Aug-2012 20:58 |
![]() ![]() | " GoldenAgri: Goldman Sachs downgrades to Neutral from Buy and removes Stock off house APAC Buy-list. Maintain TP at $0.83. House see more relative value elsewhere in ASEAN Commodities sector coverage (e.g., in Coal and Commodity Traders). Since added GGR to Buy List on June11, the stock is up +9.0% versus STI up +0.5% and plantation peers down 0.6%. House remain positive on the outlook for CPO (crude palm oil) prices on the back of tight soybean supplies, structurally slowing production (lack of new plantings in Indonesia) and attractive price relative to soybean oil (21% price discount, vs 16% in 1Q12). However, believe that this is mostly factored into the stock price – over the last 3 months, GGR has out-performed CPO prices by 18%"     News only came out yesterday ... but Goldman's selling has started 20th July or earlier ..  |
" GoldenAgri: Goldman Sachs downgrades to Neutral from Buy and removes Stock off house APAC Buy-list. Maintain TP at $0.83. House see more relative value elsewhere in ASEAN Commodities sector coverage (e.g., in Coal and Commodity Traders). Since added GGR to Buy List on June11, the stock is up +9.0% versus STI up +0.5% and plantation peers down 0.6%. House remain positive on the outlook for CPO (crude palm oil) prices on the back of tight soybean supplies, structurally slowing production (lack of new plantings in Indonesia) and attractive price relative to soybean oil (21% price discount, vs 16% in 1Q12). However, believe that this is mostly factored into the stock price – over the last 3 months, GGR has out-performed CPO prices by 18%"
  News only came out yesterday ... but Goldman's selling has started 20th July or earlier .. 
Actually the candlesticks for the last 3 trading days showing a bearish trend.. and not showing any sign of uptrend again unless good result tomorrow will pop up this stock..
Nevertheless, this is definitely a stock that can enter again in future..but for me right now, is stay sideline first till the next signal..
My personal view only..
Star-Trader
The candle was quite bullish and high volume + results coming out tomorrow, is there something the BB know that we dont? hmmm... anyway the support for golden agri is ~0.69...next support/resistance is 0.72...
praying this counter don't disappoint me...bought in on wed when price fell to $0.70
SINGAPORE : Stocks in Singapore closed 0.5 per cent lower on Wednesday on profit-taking.
Lingering concerns over the global economy and Europe's debt crisis also dampened investor sentiment 
The Straits Times Index fell 15.49 points to end at 3,052.25. 
Volume was 1.36 billion shares. 
Losers led gainers 250 to 143. 
Golden Agri-Resources fell 3.5 per cent to S$0.70, Wilmar International lost 1.5 per cent to S$3.23, Olam International rose 1.8 per cent to S$1.96, while Noble Group climbed 1.4 per cent to S$1.13. 
Jardine Matheson Holdings declined 4.8 per cent to US$53.70, Keppel Corp was down 0.6 per cent at S$11.23, DBS fell 0.54 per cent to S$14.75, Oversea-Chinese Banking Corp. slipped 1.5 per cent to S$9.33, while Sembcorp Industries gained 2.83 per cent to S$5.46.
Among other stocks, Fraser & Neave was up 2.5 per cent at S$8.49, while Asia Pacific Breweries ended 7.5 per cent higher at S$52.50.
- CNA/ms
Lingering concerns over the global economy and Europe's debt crisis also dampened investor sentiment 
The Straits Times Index fell 15.49 points to end at 3,052.25. 
Volume was 1.36 billion shares. 
Losers led gainers 250 to 143. 
Golden Agri-Resources fell 3.5 per cent to S$0.70, Wilmar International lost 1.5 per cent to S$3.23, Olam International rose 1.8 per cent to S$1.96, while Noble Group climbed 1.4 per cent to S$1.13. 
Jardine Matheson Holdings declined 4.8 per cent to US$53.70, Keppel Corp was down 0.6 per cent at S$11.23, DBS fell 0.54 per cent to S$14.75, Oversea-Chinese Banking Corp. slipped 1.5 per cent to S$9.33, while Sembcorp Industries gained 2.83 per cent to S$5.46.
Among other stocks, Fraser & Neave was up 2.5 per cent at S$8.49, while Asia Pacific Breweries ended 7.5 per cent higher at S$52.50.
- CNA/ms