Golden Agri-Res    Last:0.31   -

GoldenAgr

Ok.Should see prices stabilizing here and perhaps move higher towards 70 cents soon.. Result out on 13th May during Lunch break...

 

alex, u are interested in GAR....

tempted.... 0.66.

i queue for two days also cannot get it..... really strong.

yesterday i queue since morning 11 am..... when it closed, my queue expired.....sian.

alexchia01      ( Date: 28-Apr-2011 18:34) Posted: If you are referring to RSI oversold, then no. GoldenAgr is a counter that I watch very close. What Isolator said is correct, $0.660 is the support. If price rebound from that level, I would Buy too. Now, not yet. eplepl      ( Date: 28-Apr-2011 17:24) Posted: can u confirmed it is oversold

 

hi Paul.

bearish engulfed candle stick is over or not ?

ckhpaul      ( Date: 28-Apr-2011 22:35) Posted: From a purely TA entry - you need to learn a few tricks for your entry. For Basic TA - Entry: Trend indicator (MACD) + Momentum (RSI or Stochastic) - using common available indicators from your trading platform.   For Intermediate TA : include Classic Support/Resistance + Chart pattern. For Advance TA: include Candlestick + volume  Do read my blog: (ckhpaul.blogspot.com) to learn the simple entry rules. In short, the more you know the less you trade.   back to your questions 1- not recommended to use only one indicator as entry 2- Dividend for GoldenAgr - 0.006, yield at 1.1%. (from my system - need to verify again). 3- Another to note: Apr 28 - It has formed a bearish reversal Candlestick called engulfing. Not a good candlestick at support line. Hopefully, there is no bad news for friday. I will update more info over the weekend.

 

Actually, considering it's ex-div day, the drop is not too bad. Yes, I do see the support at 0.66. Question is how long does it stay at these levels. Don't expect to stay low for very long.

Isolator      ( Date: 29-Apr-2011 09:26) Posted: Just be ready.... 66ct....

 

They also want to follow govt. They called it Cooling days....

GuavaXF30      ( Date: 29-Apr-2011 08:27) Posted: Strange. I see this as Ex-Div in the trading platform but statement issued by company says ex-div is 5th May. Anyone know why this is so ? NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed on 5 May 2011 on which day no share transfer will be effected. Duly completed transfers received by the Company's Share Registrar, B.A.C.S. Private Limited, 63 Cantonment Road, Singapore 089758, up to the close of business at 5.00 p.m. on 4 May 2011 will be registered to determine shareholders' entitlements to the proposed first and final dividend. GuavaXF30      ( Date: 29-Apr-2011 08:17) Posted: I think the Div payment will not make any difference on the count that it is small. PPL who bought will not have bought for the Div. It's more trading play than anything

 

Just be ready.... 66ct....

 

Strange. I see this as Ex-Div in the trading platform but statement issued by company says ex-div is 5th May. Anyone know why this is so ?

NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the

Company will be closed on 5 May 2011 on which day no share transfer will be effected. Duly

completed transfers received by the Company's Share Registrar, B.A.C.S. Private Limited, 63

Cantonment Road, Singapore 089758, up to the close of business at 5.00 p.m. on 4 May 2011

will be registered to determine shareholders' entitlements to the proposed first and final

dividend.

GuavaXF30      ( Date: 29-Apr-2011 08:17) Posted: I think the Div payment will not make any difference on the count that it is small. PPL who bought will not have bought for the Div. It's more trading play than anything. zaichai      ( Date: 28-Apr-2011 23:21) Posted: Who know tomorrow maybe a good chance to buy low again.  Is cheaper even though tomorrow is XD (small dividend) and may go lower after XD. They may buy from others selling cheap to them after XD and price may go higher after closing..  Who know.. Only they know...

 

I think the Div payment will not make any difference on the count that it is small. PPL who bought will not have bought for the Div. It's more trading play than anything.

zaichai      ( Date: 28-Apr-2011 23:21) Posted: Who know tomorrow maybe a good chance to buy low again.  Is cheaper even though tomorrow is XD (small dividend) and may go lower after XD. They may buy from others selling cheap to them after XD and price may go higher after closing..  Who know.. Only they know...

 

Who know tomorrow maybe a good chance to buy low again.  Is cheaper even though tomorrow is XD (small dividend) and may go lower after XD. They may buy from others selling cheap to them after XD and price may go higher after closing..  Who know.. Only they know...

 

From a purely TA entry - you need to learn a few tricks for your entry.

For Basic TA - Entry: Trend indicator (MACD) + Momentum (RSI or Stochastic) - using common available indicators from your trading platform.  

For Intermediate TA : include Classic Support/Resistance + Chart pattern.

For Advance TA: include Candlestick + volume 

Do read my blog: (ckhpaul.blogspot.com) to learn the simple entry rules. In short, the more you know the less you trade.  

back to your questions

1- not recommended to use only one indicator as entry

2- Dividend for GoldenAgr - 0.006, yield at 1.1%. (from my system - need to verify again).

3- Another to note: Apr 28 - It has formed a bearish reversal Candlestick called engulfing. Not a good candlestick at support line. Hopefully, there is no bad news for friday. I will update more info over the weekend.  

 

 

hi expert,

thanks for sharing..... i have a few questions.

1.  question normally oversold..... time to buy back ?

2. when GAR dividend coming ?

ckhpaul      ( Date: 28-Apr-2011 17:44) Posted: TA for GoldenAgr (28/Apr) - ckhpaul.blogspot.com - Trend - Bounderline Downtrend, touching the 200Days Moving Average. - Momentum - Oversold (confirmed by Stochastic Indicators) - Support 1 & 2 - 0.695 -0.73 - Resistance 1 and 2 - 0.665 / 0.635 - Vol - half of 20D Moving Average (indicate don't like much sell pressure) Watchout those support line! From TA prospective, good entry. Market is always rights and indicators are just indicators. do read my blog for data sharing purpose.

 

If you are referring to RSI oversold, then no.

GoldenAgr is a counter that I watch very close.

What Isolator said is correct, $0.660 is the support. If price rebound from that level, I would Buy too.

Now, not yet.

eplepl      ( Date: 28-Apr-2011 17:24) Posted: can u confirmed it is oversold ? Isolator      ( Date: 28-Apr-2011 13:34) Posted: As long as it dont go under 66ct, it should be going up.....

 

TA for GoldenAgr (28/Apr) - ckhpaul.blogspot.com - Trend - Bounderline Downtrend, touching the 200Days Moving Average. - Momentum - Oversold (confirmed by Stochastic Indicators) - Support 1 & 2 - 0.695 -0.73 - Resistance 1 and 2 - 0.665 / 0.635 - Vol - half of 20D Moving Average (indicate don't like much sell pressure) Watchout those support line! From TA prospective, good entry. Market is always rights and indicators are just indicators. do read my blog for data sharing purpose.

 

can u confirmed it is oversold ?

Isolator      ( Date: 28-Apr-2011 13:34) Posted: As long as it dont go under 66ct, it should be going up.....

 

GAR's bosses play gamble in genting

GuavaXF30      ( Date: 28-Apr-2011 15:51) Posted: Don't quite get it. What does Genting SP have to do with GAR ?  phil1314      ( Date: 28-Apr-2011 15:05) Posted: Current support level at 67/68 cents if breach next support level at 64/65 cents. I prefer to wait at 64 cents before accumulating. Genitng SP is already under profit  with high volume and big price drop yesterday. If Genting price continues to drop then Golden Agri likely to drop to 64 cents level. Lets monitor Genting SP as well

 

Don't quite get it. What does Genting SP have to do with GAR ? 

phil1314      ( Date: 28-Apr-2011 15:05) Posted: Current support level at 67/68 cents if breach next support level at 64/65 cents. I prefer to wait at 64 cents before accumulating. Genitng SP is already under profit  with high volume and big price drop yesterday. If Genting price continues to drop then Golden Agri likely to drop to 64 cents level. Lets monitor Genting SP as well. Isolator      ( Date: 28-Apr-2011 13:34) Posted: As long as it dont go under 66ct, it should be going up.....

 

Current support level at 67/68 cents if breach next support level at 64/65 cents.

I prefer to wait at 64 cents before accumulating.

Genitng SP is already under profit  with high volume and big price drop yesterday. If Genting price continues to drop then Golden Agri likely to drop to 64 cents level.

Lets monitor Genting SP as well.

Isolator      ( Date: 28-Apr-2011 13:34) Posted: As long as it dont go under 66ct, it should be going up.....

 

As long as it dont go under 66ct, it should be going up.....

 

Seem like there is a gradual build-up of positions. What do you think, Isolator ?

Isolator      ( Date: 27-Apr-2011 14:07) Posted: Oops.. I mean I will buy at 67ct... Dont follow me... I am always wrong...

 

distribution?

GuavaXF30      ( Date: 28-Apr-2011 10:00) Posted: Div is so so at 0.007 but it's more interesting to see how these few days much of day gets bombarded but at pre-close always up by half or one cent. Just pointing out the obvious. eplepl      ( Date: 28-Apr-2011 09:58) Posted: 0.7 is good plus dividend coming right ?