Latest Forum Topics /
Gallant Venture
Last:0.068
-0.01
|
 Post Reply
|
|
batam is a crown jews for gallant
|
|||||
|
rivera
Member |
13-Nov-2011 12:35
|
||||
|
x 0
x 0 Alert Admin |
Gallant Venture Ltd, developer of industrial estates in Batam and Bintan controlled by Salim Group, posted net loss of S$4.4 million in the first nine months of 2011 on lower sales and higher financing costs. According to the company's financial statement, it recorded sales revenue of S$140.5 million in Jan-Sep 2011, down 19.4% from the same period last year, while cost of sales only declined 9.2%. As a result, Gallant's gross profit slashed 50% to S$21.7 million. Higher operating expenses and finance costs cut its profit before tax by 78% to S$3.67 million, while tax expenses down slightly to S$8.1 million. Gallant Venture had total assets of $1.68 billion as of September 30, 2011, with equity of S$1.27 billion. "The industrial park business remains price competitive, but there are renewed interests in industrial spaces located in Batam, Indonesia. The group is confident on future land sales in the next 12 months, but the land sales recognition may not be realized in the current financial year," Gallant argued. | ||||
| Useful To Me Not Useful To Me | |||||
|
firsttme
Member |
05-Oct-2011 09:35
|
||||
|
x 0
x 0 Alert Admin |
Gallant - almost reaching GMG prices!! If I recall correctly, it went to 17 cents during the Lehman period.... | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ivanignatius
Member |
01-Sep-2011 12:02
|
||||
|
x 0
x 0 Alert Admin |
In my experience over the last fifteen years, Gallant is the 'canary in the coalmine'. When every other stock has risen, and the brokers have nothing else to write about, they drag out the whole 'Singapore tourism, next stop Bintan/Batam, Gallant trading on 0.1x revised NAV'. I've seen it each cycle. And then what happens? Within months, the stock market craters, and Gallant is forgotten for the next few years. The tough reality of it is that Singaporeans and expats are never going to use the Riaus for more than an occasional game of golf and a massage. Who wants to schlep across on that sick-making ferry every weekend, to go to an ugly island with very limited infrastructure. The best thing to do when you find yourself itching to buy Gallant is to recognise that it is calling the top of the market, and that you've run out of better things to buy. Take this test: Compare Gallant to UOB over any time period. One pays a decent dividend, and hits higher highs each cycle, the other is Gallant. | ||||
| Useful To Me Not Useful To Me | |||||
|
TuaPekGong9413
Elite |
01-Sep-2011 09:08
Yells: "deity" |
||||
|
x 0
x 0 Alert Admin |
up fast, down also fast....many may profit taking which bought low last 2weeks...weekend coming too... | ||||
| Useful To Me Not Useful To Me | |||||
|
seanpent
Elite |
31-Aug-2011 10:55
|
||||
|
x 0
x 0 Alert Admin |
31 turned support ..... heading towards next level .... | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
seanpent
Elite |
29-Aug-2011 15:26
|
||||
|
x 0
x 0 Alert Admin |
lai liao ? | ||||
| Useful To Me Not Useful To Me | |||||
|
seanpent
Elite |
29-Aug-2011 13:59
|
||||
|
x 0
x 0 Alert Admin |
hopefully next impulsive target of 35.5 cts, similarly to Ausgroup ..... | ||||
| Useful To Me Not Useful To Me | |||||
|
seanpent
Elite |
29-Aug-2011 13:09
|
||||
|
x 0
x 0 Alert Admin |
gonna recover fast like ausgroup ? | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
xing78
Elite |
16-Aug-2011 13:14
|
||||
|
x 0
x 0 Alert Admin |
Earnings result is not good for this counter. In fact, it is making losses. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_73FA59C5E08015D2482578E900398C41/$file/GV_2Q2011.pdf?openelement Trade with caution, I would generally avoid long trades on counters that reported a loss. It is advisable to buy only counters with good earnings that are sold down last week. |
||||
| Useful To Me Not Useful To Me | |||||
|
TuaPekGong9413
Elite |
16-Aug-2011 12:26
Yells: "deity" |
||||
|
x 0
x 0 Alert Admin |
seems either huge shorters at .32......or 1 man playing himself | ||||
| Useful To Me Not Useful To Me | |||||
|
TuaPekGong9413
Elite |
16-Aug-2011 12:22
Yells: "deity" |
||||
|
x 0
x 0 Alert Admin |
ya...bear waves reached shore. on long tsunami...... |
||||
| Useful To Me Not Useful To Me | |||||
|
bishan22
Elite |
16-Aug-2011 12:19
|
||||
|
x 0
x 0 Alert Admin |
The bull wave did not reach Batam's shore. Hopefully next week. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
TuaPekGong9413
Elite |
16-Aug-2011 12:15
Yells: "deity" |
||||
|
x 0
x 0 Alert Admin |
too many shorters | ||||
| Useful To Me Not Useful To Me | |||||
|
TuaPekGong9413
Elite |
16-Aug-2011 11:44
Yells: "deity" |
||||
|
x 0
x 0 Alert Admin |
wat happen to this counter? seems shorting better than long. totally lost steam | ||||
| Useful To Me Not Useful To Me | |||||
|
bishan22
Elite |
05-Aug-2011 10:50
|
||||
|
x 0
x 0 Alert Admin |
Collected at 0.36. Hope to take profit by end Aug. Good luck.
|
||||
| Useful To Me Not Useful To Me | |||||
|
firsttme
Member |
20-Jul-2011 12:08
|
||||
|
x 0
x 0 Alert Admin |
Miss the boat. Now waiting for another chance! | ||||
| Useful To Me Not Useful To Me | |||||
|
bishan22
Elite |
20-Jul-2011 09:14
|
||||
|
x 0
x 0 Alert Admin |
Took profit at 0.40, bot 0.375. Relief some tension. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
Musicalchair
Member |
19-Jul-2011 00:01
Yells: "Why buy stock and hold is drangers to your wealth!" |
||||
|
x 0
x 0 Alert Admin |
yes somewhere around 0.305 | ||||
| Useful To Me Not Useful To Me | |||||
|
bryansng
Senior |
18-Jul-2011 23:51
|
||||
|
x 0
x 0 Alert Admin |
Im watching the following few supports.... i derived via Fibonacci and previous strong resistance-cum-support. 0.365 0.345 0.305
|
||||
| Useful To Me Not Useful To Me | |||||
|
firsttme
Member |
18-Jul-2011 14:20
|
||||
|
x 0
x 0 Alert Admin |
I agree. Might even fall to less than 36 cents if thing don't improve.
|
||||
| Useful To Me Not Useful To Me | |||||