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GoldenAgr

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catalyst
    22-Mar-2011 19:04  
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Stochastics just passed oversold and RSI rebounded off 30%.

Today's candle well and truly above 200dMA rebounding off it for the second time, with MACD crossing signal line.

Centre Bollinger starts curving upwards which helps to confirm trend reversal.

In my opinion, GAR is staying the course for a mid-term bull run.

 

New123      ( Date: 22-Mar-2011 16:14) Posted:

Vested at 72.5 cents. Don't know whether can it goes back to this level?

goldenpiggy      ( Date: 22-Mar-2011 16:01) Posted:

That's the plan...  :


 
 
stan19
    22-Mar-2011 16:32  
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hope so,but now it back to 665 again... got one bb sell 4000 lots...
 
 
New123
    22-Mar-2011 16:14  
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Vested at 72.5 cents. Don't know whether can it goes back to this level?

goldenpiggy      ( Date: 22-Mar-2011 16:01) Posted:

That's the plan...  :)

stan19      ( Date: 22-Mar-2011 15:52) Posted:

nice... would it go up further?


 

 
goldenpiggy
    22-Mar-2011 16:01  
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That's the plan...  :)

stan19      ( Date: 22-Mar-2011 15:52) Posted:

nice... would it go up further?

 
 
stan19
    22-Mar-2011 15:52  
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nice... would it go up further?
 
 
seanpent
    22-Mar-2011 15:51  
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powderful ...
 

 
goldenpiggy
    22-Mar-2011 15:49  
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wah.. cleared .67!!
 
 
SGG_SGG
    22-Mar-2011 14:56  
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Hwahhh 0.88cts?   Smiley I very scared when such optimistic analysis comes out! Better say 0.98cts ah!

iOCBCjun      ( Date: 22-Mar-2011 13:33) Posted:

Golden Agri +2.3% weaker CPO prices factored in - OCBC

Tags: OCBC | Golden Agri-Resources
Written by Dow Jones & Co, Inc    
Tuesday, 22 March 2011 10:50

Golden Agri-Resources (E5H.SG) is +2.3% at $0.660, for a second day of gains, possibly marking a bottom after its 13.2% fall from the early March high of $0.720 to last week’s low at $0.625.

OCBC says the stock recently was “no doubt weighed by the decline in crude palm oil prices, given that the group is one of the largest oil palm plantation owners in Indonesia.” 
 
Analyst Carey Wong says the house has already taken the impact of softening CPO prices into its assumptions, with a base CPO price assumption of US$950/ton for the whole of this year, compared with the current price at US$1,108 ($1,402). 
 
“Meanwhile, we believe that any sharp tumble in CPO prices is unlikely, given the still rising crude oil prices. Short-term market volatility notwithstanding, we remain sanguine about the growing demand for CPO-based products from rapidly developing countries such as China, India and Indonesia over the medium term.” 
 
The house maintains its Buy call with $0.88 fair value, based on 17X FY11F core EPS.

 
 
yummygd
    22-Mar-2011 14:49  
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he covered back sometime ago liao. den he say will go up after coverin

epliew      ( Date: 22-Mar-2011 14:13) Posted:

thought u short it ?

Isolator      ( Date: 22-Mar-2011 13:12) Posted:

Great move.... It should be going higher now.... nv...


 
 
epliew
    22-Mar-2011 14:13  
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thought u short it ?

Isolator      ( Date: 22-Mar-2011 13:12) Posted:

Great move.... It should be going higher now.... nv...

 

 
iOCBCjun
    22-Mar-2011 13:33  
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Golden Agri +2.3% weaker CPO prices factored in - OCBC

Tags: OCBC | Golden Agri-Resources
Written by Dow Jones & Co, Inc    
Tuesday, 22 March 2011 10:50

Golden Agri-Resources (E5H.SG) is +2.3% at $0.660, for a second day of gains, possibly marking a bottom after its 13.2% fall from the early March high of $0.720 to last week’s low at $0.625.

OCBC says the stock recently was “no doubt weighed by the decline in crude palm oil prices, given that the group is one of the largest oil palm plantation owners in Indonesia.” 
 
Analyst Carey Wong says the house has already taken the impact of softening CPO prices into its assumptions, with a base CPO price assumption of US$950/ton for the whole of this year, compared with the current price at US$1,108 ($1,402). 
 
“Meanwhile, we believe that any sharp tumble in CPO prices is unlikely, given the still rising crude oil prices. Short-term market volatility notwithstanding, we remain sanguine about the growing demand for CPO-based products from rapidly developing countries such as China, India and Indonesia over the medium term.” 
 
The house maintains its Buy call with $0.88 fair value, based on 17X FY11F core EPS.
 
 
Isolator
    22-Mar-2011 13:12  
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Great move.... It should be going higher now.... nv...
 
 
GuavaXF30
    22-Mar-2011 11:25  
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Likely close at this level. If so, that's a good sign. If close higher, may invite sell-down tomorrow.

GuavaXF30      ( Date: 22-Mar-2011 10:28) Posted:

Back to 66 cents and one of top volume. May see 0.67 today.

cathylmg      ( Date: 21-Mar-2011 16:43) Posted:

Uppy up up


 
 
cathylmg
    22-Mar-2011 11:00  
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69.5 to 70.5 first.

New123      ( Date: 22-Mar-2011 10:32) Posted:

Looking good that it may go up to test 70 cents soon..

 
 
GuavaXF30
    22-Mar-2011 10:43  
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Probable. Whatever the case, just hold.

New123      ( Date: 22-Mar-2011 10:32) Posted:

Looking good that it may go up to test 70 cents soon..

 

 
New123
    22-Mar-2011 10:32  
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Looking good that it may go up to test 70 cents soon..
 
 
cathylmg
    22-Mar-2011 10:31  
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Will see the charts turn up as of today.
 
 
GuavaXF30
    22-Mar-2011 10:28  
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Back to 66 cents and one of top volume. May see 0.67 today.

cathylmg      ( Date: 21-Mar-2011 16:43) Posted:

Uppy up up!

GuavaXF30      ( Date: 21-Mar-2011 16:24) Posted:

Looking good, GAR


 
 
Isolator
    22-Mar-2011 10:24  
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To me, 66.5ct is important...
 
 
GuavaXF30
    22-Mar-2011 10:11  
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Coming back nicely again.... 

sharez      ( Date: 22-Mar-2011 07:17) Posted:

http://www.remisiers.org/cms_images/Golden_Agri_-110321-OIR.pdf

sharez      ( Date: 22-Mar-2011 07:15) Posted:

let's monitor it closely


 
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