Latest Forum Topics / Golden Agri-Res Last:0.27 -0.005 | Post Reply |
why so many dumping?
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Juzztrade
Veteran |
03-Mar-2009 15:20
Yells: "Techincal and long term investor" |
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I will buy when it is around 0.20 cents or below.... | |||||||||||||||||||||
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Lincoln
Member |
03-Mar-2009 15:09
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Will this burger shoot back to 30cts and above?? | |||||||||||||||||||||
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ozone2002
Supreme |
03-Mar-2009 09:08
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vested@ 28, 285 29 |
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ozone2002
Supreme |
02-Mar-2009 19:00
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impressive performance today.. one of the few green counters in the RED SEA.. accumulation in progress
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AK_Francis
Supreme |
02-Mar-2009 12:18
Yells: "Happy go lucky, cheers." |
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Seem not a distinct move to do anything, looking at 16 klt B n 13 klt. A bit more buyer who wish to acc for d R, esp those who dun hv multiple of 25 lot, indirectly they are holding odd lots for d R. Its peer, Wilmar now standing green with SingTel leh. AK just needs 5 lot to round up.
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Centaur
Veteran |
02-Mar-2009 12:03
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looks like theres someone out there that doesn't want to see GAR climb, keep whacking it back to 28.5cts by 1 lot. | |||||||||||||||||||||
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ozone2002
Supreme |
02-Mar-2009 09:48
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one of the few stocks green..while others spewing blood red.. looks like the pro $$ is moving this stock..
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AK_Francis
Supreme |
01-Mar-2009 19:32
Yells: "Happy go lucky, cheers." |
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Ha ha, not wrong either. Got good weekends?Cheers.
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Sporeguy
Elite |
01-Mar-2009 11:21
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Which of the 3 stocks (FirstRes, GoldAgr, IndoAgr) is the best ? Assuming GoldAgri is the best (Index stock), then sell FirstRes and buy GoldAgri to top up to get whole bonus lot. Eg : GoldAgri : 20 lots at hand, buy 30 lots (money from selling FirstRes) to make up to 50 lots which will give you 2 bonus lots. |
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fruitty
Senior |
28-Feb-2009 21:18
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I only knew who bought my shares after selling. What matters to me when selling on Fri was that I preserved my capital and could rest well over the weekend (from uncertainty). With so many accounting frauds these days, I have less faith in companies. As very minor shareholders, we have no say in companies' decisions. I would rather put my money in a company that pays me dividends that allows me to recover some of my invested funds than one that I just have to believe in its potential and hang on with it till it pays me handsomely one day. Above is just my personal view. Ozone, about your question, seems to me that BBs buy and sell Golden many rounds to trap small flies.
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ozone2002
Supreme |
28-Feb-2009 19:06
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i wonder why they are buying..have u thought abt that?
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jackjames
Elite |
28-Feb-2009 17:57
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don't worry about this bonus share, the impact is so small.... with current price of $0.285... average price is only $0.275, if the market "really want to correct this bonus share"... it would be $0.275..
If you are the one who bought the share at $0.16 last few months, the average is even "minimal".. only $0.1548... in other words, this bonus share is almost negligible... just try to mess up blur people mind.. |
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fruitty
Senior |
28-Feb-2009 16:36
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Hi AK, I sold down mine for multiples of 25. Not willing to fork out more money or to end up with loose lots (after bonus issues) |
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fruitty
Senior |
28-Feb-2009 16:33
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oh, from ST Money today, Golden EPS around $0.20. That appears pretty high compared to a number of companies given its current share price. i still have some Golden with me bought at a cheaper price. |
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AK_Francis
Supreme |
28-Feb-2009 16:29
Yells: "Happy go lucky, cheers." |
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Ha ha, need to acc few lots more to make mine at multiple of 25, though a bit of reluctant. | |||||||||||||||||||||
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fruitty
Senior |
28-Feb-2009 16:26
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dumped at 0.285 ysterday, UBS bought from me | |||||||||||||||||||||
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ozone2002
Supreme |
28-Feb-2009 12:49
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another one in accumulation... look out for it .. |
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AK_Francis
Supreme |
27-Feb-2009 15:01
Yells: "Happy go lucky, cheers." |
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Stock split is one share breaks into another extra share. ie 100% increase in coy total shares. Bonus issue of 1:25, means one extra share will be added in pool if u hv 25 ordinary share. Only 4% of the initial coy share would be added. Dumping are those who see profit now n run road b4 d share dilution. Then each share px may not that good liao.
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fruitty
Senior |
27-Feb-2009 13:54
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What's the difference between stock split and bonus shares issue? Both sound like increase in shares no. without collecting money from one (rights issue). |
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yipyip
Master |
27-Feb-2009 13:41
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February 27, 2009, 1.15 pm (Singapore time) Golden Agri Q408 net profit falls, plans 1:25 bonus issue SINGAPORE - Golden Agri-Resources Ltd on Friday said that its fourth-quarter net profit fell 77 per cent as palm oil prices slumped. Net income dropped to US$133.3 million, or 1 US cent a share, from US$573.8 million, or 6 US cents, a year ago, the unit of Indonesia's largest oil-palm grower said today in a statement. Sales dropped 10 per cent to US$591 million, it said. The company is proposing a bonus issue of up to 399.04 million new ordinary shares on the basis of one bonus share for every 25 existing shares. The proposed bonus issue is intended as a reward to shareholders for continuing to support the company and is subject to listing approval. |
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