nothing u can do abt it if they decide to short it...the BBs make the market..we just tag along ;p

just my humble opinion after observing similar cases like tis..

Stupidbear      ( Date: 26-Apr-2008 01:46) Posted: Just curious, your post caught my view. What if they decide to sell down and cut loss? =) ozone2002      ( Date: 25-Apr-2008 16:55) Posted: below 2.39!..accumulate!.. buy cheaper than the bloody fund.

 

Palm oil gone up tremendously over the past yrs. Now the trend is to explore more lands for it. But with rice crisis lately, how thats compromise in those agriculture based countries? On the other hand, fears of exaustion of oil output over the globe, bio fuel may not be a bad investment arena as well. AK view mah.

 

Just curious, your post caught my view. What if they decide to sell down and cut loss?

=)

ozone2002      ( Date: 25-Apr-2008 16:55) Posted: below 2.39!..accumulate!.. buy cheaper than the bloody fund.. ozone2002      ( Date: 23-Apr-2008 10:52) Posted: best if can buy below 2.39.. then u buying cheaper than the NY fund..

 

below 2.39!..accumulate!.. buy cheaper than the bloody fund..

ozone2002      ( Date: 23-Apr-2008 10:52) Posted: best if can buy below 2.39.. then u buying cheaper than the NY fund..

 

hahaha. i dunno. i just started trading actually. so trying to understand the going ons...

 

If the 3 palm coys went red today, what u think tomorow?

daarrell      ( Date: 25-Apr-2008 00:24) Posted: hmmm. wonder if this counter will go up tmr. any comments?

 

hmmm. wonder if this counter will go up tmr. any comments?

 

best if can buy below 2.39.. then u buying cheaper than the NY fund..

 

I think Indoagri's price should be fairly well supported at 2.39 given the info below.  On the average CPO prices are still higher than last year and this should provide fairly strong support to palm oil counters.  Vested.

ozone2002      ( Date: 16-Apr-2008 09:09) Posted: 1. Date of notice to issuer * 14-04-2008     2. Name of Substantial Shareholder * The Bank of New York Mellon Corporation    3. Please tick one or more appropriate box(es): *   Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV]     >> PART II   1. Date of change of Deemed Interest 11-04-2008     2. Name of Registered Holder Newton Investment Management Ltd.     3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase     # Please specify details   4. Information relating to shares held in the name of the Registered Holder   No. of Shares held before the change 0   As a percentage of issued share capital 0 %   No. of Shares which are subject of this notice 74586000   As a percentage of issued share capital 5.15 %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received 2.39     No. of Shares held after the change 74586000   As a percentage of issued share capital 5.15 %     >> PART III   1. Date of change of [Select Option]     2. The change in the percentage level From % To %   3. Circumstance(s) giving rise to the interest or change in interest [Select Option]     # Please specify details   4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:     >> PART IV   1. Holdings of Substantial Shareholder , including direct and deemed interest :   Direct Deemed No. of shares held before the change 0   0   As a percentage of issued share capital 0 % 0 % No. of shares held after the change 0   74586000   As a percentage of issued share capital 0 % 5.15 %   Footnotes CIMB-GK Securities Pte. Ltd. acted as the financial adviser to the Company in relation to the acquisition of the entire issued share capital of Indofood Oil & Fats Pte. Ltd.     displayAttachments_LN:: displayAttachmentsLength_LN:: Attachments: Total size = 0 (2048K size limit recommended)

 

Thanks for your comments, sporeguy.

 

Looking at the mini peaks on 28/03 (Ht at $2.42) and higher on 16/04 (Ht at $2.72) while the Acc/dist peaked on 28/03 but lower peak at 16/04 indicates the price will drop with 1st support at $2.25. The decline may last for more than a week to 2 week's of decline. 3 days had gone, may be another 4 or 6 days of decline unless some special news turns the tide.

 

hi, can anyone care to comment on this counter? it's down for three days.

 

Good luck to you too.  Have a nice week-end!

 

o.O

Good luck =) 

 

I think there is no point continuing this argument since your idea of BB and my idea of BB is so different.  I find it hard to believe that retail investors like you and me can churn up such big volumes every day.  This has to be people with means.   I am bullish on palm oil and do back them up with information I gathered . I just would like to share it in this forum. There is no intention to influence or mislead.   You can choose to ignore it.  Of course you can choose to disagree.  All interested are welcome to post their views but certainly I have no wish to see this forum deteriorate to be like those where people literally put up all kinds of nonsensical remarks. 

Maybe we should just let the matter rest but I certainly would appreciate it if you can refrain from being too personal in your posting.

 

let there be no doubt about a few facts,

yes, there are such things as insider trading and stock manupilation. yes, Instituational buyers will react to protect their positions. yes, fund managers will buy and sell accordingly to maintain thier position (and reputation).

But... why such confidence : EVERYDAY that when prices are down = BB supressing prices ? and EVERYTIME when prices rise a little = BB buying up ?

Really hope to see if u can provide some solid evidence to support ur claims... you prob can say that excessive volume (2x normal daily volume) traded on a single day can be attributed to BB buying/selling.... but my point is, you dun get crazy volume every single day... so how can you justify ur claim of "BB" rection on a daily basis, on days where volume is normal, it can be just retail investors playing amoung themselves ?

 

As I said we can choose to agree to disagree on issues, in this case the definition of BB.  I don't see any point in continuing this argument.  You are entitled to your opinion and so am I but refrain from being personal  in your posting and that's the point I am trying to tell you.  I am sure all forerunners will agree with me. 

 

hhhmmm.... seems like ur personal defination of "BB" is growing by the day ?

1st its day traders/punters

then, fund managers join the list 

then, it includes Institutions...

this latest post, and u include crooks !

All in all, post after post, we're still stuck on the issue on the definition on "BB", and any further discussion on YOUR definiation on "BB" will only steer up more jokes... maybe ur next post and you're gonna say the auntie in the market is also a BB ?

but u still haven provide valuable insights/evidence to support ur persistant claim that "BB (in ur sense) are supressing/buying stocks" ?

Care to enlighten everyone ? 

 

 

 I sense a heavy dose of sarcasm in this posting as well as unhappiness about my postings in general. 

As far as I know BB can be anybody who is big enough to influence the market, be they professional giants like what AK has alluded to or big time day traders or punters and even crooks/manipulators. People have been caught cornering or manipulating stocks to entice retail investors to buy or sell .  These people certainly don't belong to your "common knowledge" definition of BB.  To attribute big volume movements  to the average retail investors buying and selling seemed, to me, a wee bit naive.

Smartbear, we can agree to disagree on issues regarding the stock but there should be no postings like " Seems either our investor38 is heavily vested in palm oil and is damn desperate for ppl to push up the price so that he can exit?  else i reckon he is damn free to post "bullish" news about Palm oil almost everyday"

If  you have any contrary opinions, I am sure all forerunners will very much like to hear from you. 

You can choose to ignore my posting if you don't like it but please refrain from personal attacks. That should be the spirit of this forum.  We are here to learn from one another but if you choose to act on any information, Caveat Emptor is the rule. 

SmartBear      ( Date: 19-Apr-2008 15:05) Posted: Thanks for sharing AK. But i beleive the term "BB" is very widely used and what u just posted is common knowledge that ANY investor ought to know. Any attempt to re-define the term "BB", esp so much so that the new defination of "BB" can "supress" or "rise" prices on a DAILY basis is just plain lame to me... AK_Francis      ( Date: 18-Apr-2008 18:50) Posted: Basically, BBs are the professional giants involving massively investment in Asian clinching deals. Those are the below burgers: PwC, Somerley, CIMB, Morgan Stanley, Goldman Sachs, Citi, KPMG, Ernst & Young and last the local bourse DBS Group. BT 12-13 Apr 08.