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bullrun4ever Senior	05-Jun-2007 22:11        bullrun4ever About Contact  Quote this Post!
x 1   x 0  Alert Admin	The Directors are of the view that the Company is in a position to meet its obligations under the terms of the Settlement while continuing to operate in the ordinary course of business. The Directors believe that the Settlement is in the best interests of its stakeholders and provides a framework for an amicable resolution to be reached in respect of the repayment of the Claimed Amount.   Read the annc carefully. The management is confident to pay off its debt and continue with its normal business operations. This mean the management is positive about its cash flow and business prospects! You have to do some thinking and not just looking at some TA charts. What drives the chart? The fundamentals of the company! Think more dude....
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BullRun Elite	05-Jun-2007 21:52        BullRun About Contact  Quote this Post!
x 1   x 0  Alert Admin	chendes,  Well, you can disagree with me, I welcome that!!! That is what a Forum should be!! I'm definitely not interested look at the day to day variations!!!! Keep our post coming! I enjoyed reading different views, different thoughts, see and think from different angles!! Time will tell if this is a great news or bad news!!
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chendes Member	05-Jun-2007 21:46        chendes About Contact  Quote this Post!
x 0   x 0  Alert Admin	zhuge_liang mentioned resistance and support levels and MA. Now that's what I call TA. Not just showing a chart of the prices.
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chendes Member	05-Jun-2007 21:44        chendes About Contact  Quote this Post!
x 0   x 1  Alert Admin	Don't know how you can interpret it as great news. Just as it's not meaningful to look at day-to-day falls in prices, it's also not meaningful to just look at day-to-day rises in prices.
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BullRun Elite	05-Jun-2007 21:23        BullRun About Contact  Quote this Post!
x 2   x 1  Alert Admin	Great news!! That will eliminate a concerns for many potential investors!! Fundamental still intact! The Best Is Yet to Come!!
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zhuge_liang Supreme	05-Jun-2007 21:20        zhuge_liang About Contact  Quote this Post!
x 1   x 1  Alert Admin	Rubber futures on TOCOM closed on a mixed note in directionless trading Tuesday. The benchmark, most distant Nov '07 contract settled at 285.6 yen per kg, down 0.4 yen. Easing concerns about tight supply weighed on the market. Players liquidated long positions after the weather improved in Thailand. Supply in Thailand was improving, especially in the upper south, traders said. "Despite being supported by energy prices, technical sentiment is still poor because it failed to breach 300 yen several times," a dealer said. Tokyo rubber futures have struggled to break through near-term technical resistance, including the 14-day MA.
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zhuge_liang Supreme	05-Jun-2007 21:13        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	GMG has to pay $12.6m.
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bullrun4ever Senior	05-Jun-2007 21:03        bullrun4ever About Contact  Quote this Post!
x 0   x 0  Alert Admin	Further to our announcements on 24 May 2005 and 29 March 2007, the Directors of GMG Global Ltd ("the Company") wish to announce that, following several rounds of negotiations, the Company has on 5 June 2007 reached agreement with Electro Magnetics (1992) Ltd (In Judicial Management) ("EML") to settle EML's claim for a sum of S$12,600,000 together with continuing interest claimed to be owing by the Company to EML under an Investment Agreement dated 18 January 1997 and the various supplemental agreements thereto ("the Claimed Amount"). The Claimed Amount is disclosed in the Company's audited financial statements for the financial year ended 31 December 2006 and 31 December 2005. Under the terms of the aforesaid settlement ("the Settlement"), the Company shall make payment of the Claimed Amount by way of instalment payments over a cumulative period of 90 days. The Directors are of the view that the Company is in a position to meet its obligations under the terms of the Settlement while continuing to operate in the ordinary course of business. The Directors believe that the Settlement is in the best interests of its stakeholders and provides a framework for an amicable resolution to be reached in respect of the repayment of the Claimed Amount.
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BullRun Elite	02-Jun-2007 00:32        BullRun About Contact  Quote this Post!
x 1   x 0  Alert Admin	It is not meaningful to look at day to day changes of natural rubber price since we are not discussion on natural rubber future trading here!!! It is really important to know what you are doing!!
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chendes Member	31-May-2007 22:54        chendes About Contact  Quote this Post!
x 1   x 0  Alert Admin	Wonder why in the CNA thread, no mention when TOCOM rubber futures fall. But got posts when futures rise?
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zhuge_liang Supreme	31-May-2007 22:41        zhuge_liang About Contact  Quote this Post!
x 1   x 3  Alert Admin	Rubber futures on TOCOM extend losses after failing to break 300 yen.
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bullrun4ever Senior	31-May-2007 22:26        bullrun4ever About Contact  Quote this Post!
x 1   x 0  Alert Admin	Rubber shortage in 2010 will cause rubber price to shoot up Aug. 14, 2006   The price of natural rubber is expected to reach its peak in 2010 when the world market is predicted to run short of supply of the commodity by about 321 thousand tons, a rubber exporter said here on Friday.   President Director of PT Abad & Co, Tjoe Min Fat, said that the price of natural rubber was expected to continue to strengthen from the current level of US$2.3 per kg.   He said that rubber price would continue to increase in line with the increase in demands for the commdotiy in the world market.   Tjoe said strong rubber demand would come from China, the United States and India, whose economy was predicted to improve which in turn would boost tire consumption.   Data made available at the Intenational Rubber Study Group (IRGS) indicated that with the avarage annual growth of rubber consumption by 4.7 percent, world rubber consumption by 2010 would reach 10.988 million tons.   In the meantime, world natural rubber production would only reach 10.677 million tons, assuming that growth rate stood at 3.6 percent.   In 2005, rubber plantations in Indonesia were recorded at 3.28 million hectares, a decline from 3.39 million hectares in 1999.   In the meantime, the Association of Indonesian Tire Producers (APBI) expect tire exports to reach around US$600 million this year, an increase from around US$520 million last year.   The association's chairman, Azis Pane, said after a dialogue on dumping and anti-dumping here on Wednesday that Indonesia's total tire production in 2005 reached 57 million units, and 60 percent of them had been exported.   He said tire exports continued to rise in the past two years as domestic consumption dropped as a result of a decline in domestic car sales.
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bullrun4ever Senior	31-May-2007 22:21        bullrun4ever About Contact  Quote this Post!
x 1   x 0  Alert Admin	As of May.31, 2007 18:00JST Minimum Price Fluctuation: 0.1 yen/kilogram Month Last Settlement Price Open High Low Close Change Volume Jun 2007 288.6 285.6 286.6 282.1 284.1 -4.5 252 Jul 2007 288.2 288.5 288.5 281.6 282.5 -5.7 420 Aug 2007 286.8 284.6 285.2 278.7 280.5 -6.3 892 Sep 2007 285.8 284.0 284.0 278.0 278.9 -6.9 2,181 Oct 2007 286.1 282.1 283.1 278.0 278.7 -7.4 17,019 Nov 2007 287.9 284.4 284.9 279.6 280.8 -7.1 34,961 Total   55,725
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BullRun Elite	28-May-2007 22:48        BullRun About Contact  Quote this Post!
x 1   x 1  Alert Admin	GMG Global bangs on rubber demand The company sees a revitalisation of the natural rubber industry............ http://forum.channelnewsasia.com/viewtopic.php?p=996799#996799
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zhuge_liang Supreme	27-May-2007 21:29        zhuge_liang About Contact  Quote this Post!
x 1   x 1  Alert Admin	I don't see why the postings are so good that they warrant good post ratings. I've seen much better postings in other threads which don't even get good post ratings. From what I see, forummers are rather "stingy" when it comes to giving good post or topic ratings. I think SJ should create 2 new ratings: Agree and Disagree. So that forummers can pick one. Because "Agree" doesn't mean "Good".
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BullRun Elite	27-May-2007 21:18        BullRun About Contact  Quote this Post!
x 1   x 1  Alert Admin	All looking good for GMG!!! bullrun4ever....keep the good posts coming!!!
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bullrun4ever Senior	27-May-2007 06:01        bullrun4ever About Contact  Quote this Post!
x 1   x 1  Alert Admin	Rubber - Prices and Trading Volume As of May.25, 2007 18:00JST Minimum Price Fluctuation: 0.1 yen/kilogram Month Last Settlement Price Open High Low Close Change Volume May 2007 295.3 295.9 295.9 295.9 295.9 +0.6 836 Jun 2007 297.4 296.9 297.7 291.6 297.7 +0.3 232 Jul 2007 297.4 295.8 297.3 291.5 297.3 -0.1 451 Aug 2007 297.0 295.4 296.8 291.0 296.8 -0.2 673 Sep 2007 296.5 294.6 297.0 290.6 297.0 +0.5 2,532 Oct 2007 297.0 295.0 297.0 290.9 297.0 0.0 22,899 Total   27,623
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bullrun4ever Senior	24-May-2007 16:07        bullrun4ever About Contact  Quote this Post!
x 1   x 0  Alert Admin	Tokyo Rubber Futures Rise Further in Early Trade Tokyo, May 24 (Jiji Press)-- Rubber futures on the Tokyo Commodity Exchange extended their rising streak into a seventh day in early trading Thursday. The benchmark, most distant October 2007 contract grew 1.5 yen from the previous day to 297 yen per kilogram at the opening, rewriting its listing-to-date high. Rubber futures attracted bull buying on the back of gains in oil products futures.
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bullrun4ever Senior	23-May-2007 23:49        bullrun4ever About Contact  Quote this Post!
x 1   x 0  Alert Admin	Friday, May 11, 2007 (Thanhnien News) -- Vietnam?s export rubber price is expected to enjoy a 10 percent jump on the world market for the rest of this year, fueled by increasing demand and thin supplies, analysts said. They also forecast that Vietnamese-sourced rubber shipments to China ? the world?s largest rubber importer ? would see price hikes of 20 percent to US$2,400 per ton from the current $2,000. On world market the price would average at $2,200 per ton. The world produces about nine million tons of natural rubber a year and consumes most of it, leaving a delicate balance between supply and demand. However, a recent conference on world rubber industry in Thailand predicted that global demand would jump by more than 6 percent for the rest of the year. Thailand, Indonesia, Malaysia and Vietnam are all gearing up for a rise in production on the hope of favorable weather and better yields. But any rise in output would be absorbed by growing demand in China, India and Europe, analysts said.
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bullrun4ever Senior	23-May-2007 23:44        bullrun4ever About Contact  Quote this Post!
x 1   x 0  Alert Admin	Good News for GMG!!! 28/04/2006 VietNamNet ? Rubber exports have been fetching good prices since the beginning of the year. However, the export volume may shrink in coming time due to the short supply. According to the Vietnam Trade Information Centre (VTIC), rubber was exported to China at RMB18,300 per tonne, the highest price this year, representing an increase of 22% over the beginning of the year. The price increase is expected to be continuously seen in coming weeks, with export price expected to reach RMB19,000 per tonne by the end of April. Tense supply has been attributed to high rubber price. Chinese importers once attempted to force the price down by reducing their import volume, but were unable to continue commitment to the measure. Chinese dealers tried to seek supply from other sources, including Shanghai, Hai Nan Island and some other South East Asian nations, but supply was short in all of those markets. The Vietnam Rubber Corporation said that supply has been in serious deficiency. The lack of material, coupled with increased demand, has led to higher natural rubber prices. Domestic importers have been forced to reject some import orders. China remains the biggest rubber market for Vietnam, in which the demand is increasingly high. Besides that, the demand from US, France, Japan and Korea is also reportedly increasing. Most recently, Brazil and Argentina have expressed plans to import rubber from Vietnam.
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