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Latest Forum Topics / GMG Global  Post Reply
GMG CHIONG tomoro -Flash floods hit southern Thail
kaoluck
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28-Jan-2011 12:22     
 
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Dunno man. Commodities are in play in the next 3 years (my earlier guess).

Soros's views here:http://www.bloomberg.com/news/2011-01-27/soros-says-higher-commodity-prices-likely-to-last-for-a-couple-of-years-.html

Draw your own conclusion Smiley

 

GMG can keep la.. Smiley

 

 



yummygd      ( Date: 28-Jan-2011 12:06) Posted:

sentiments of thai si lang is not very good now neh...wonder shall i take risk n try contra gmg again....if thai si lang open n dropped like crazy...will gmg goes up? i dunno...any one any idea?

kaoluck      ( Date: 28-Jan-2011 12:04) Posted:



Sri Trang, which has been listed in Bangkok since 1991, had a massive year last year amid a 50% rally in rubber prices. The share price surged 696% which, according to Bloomberg.

 

Quite an expenssive IPO man..

 

Much prefer the growth potential of GMG.
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zllz78
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28-Jan-2011 12:20     
 
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 Alert Admin 		GMG is a BB stock.. good for push and dump.. no growth potential one
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ic1990
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28-Jan-2011 12:15     
 
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but if sentiments on sritrang no good...then won't related companies be dragged down too?

look at keppel and sembmar. one up, the other up. one down, the other down. same for the 3 local banks. 



yummygd      ( Date: 28-Jan-2011 12:06) Posted:

sentiments of thai si lang is not very good now neh...wonder shall i take risk n try contra gmg again....if thai si lang open n dropped like crazy...will gmg goes up? i dunno...any one any idea?

kaoluck      ( Date: 28-Jan-2011 12:04) Posted:



Sri Trang, which has been listed in Bangkok since 1991, had a massive year last year amid a 50% rally in rubber prices. The share price surged 696% which, according to Bloomberg.

 

Quite an expenssive IPO man..

 

Much prefer the growth potential of GMG.
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yummygd
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28-Jan-2011 12:06     
 
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 Alert Admin 		sentiments of thai si lang is not very good now neh...wonder shall i take risk n try contra gmg again....if thai si lang open n dropped like crazy...will gmg goes up? i dunno...any one any idea?

kaoluck      ( Date: 28-Jan-2011 12:04) Posted:



Sri Trang, which has been listed in Bangkok since 1991, had a massive year last year amid a 50% rally in rubber prices. The share price surged 696% which, according to Bloomberg.

 

Quite an expenssive IPO man..

 

Much prefer the growth potential of GMG.
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kaoluck
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28-Jan-2011 12:04     
 
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Sri Trang, which has been listed in Bangkok since 1991, had a massive year last year amid a 50% rally in rubber prices. The share price surged 696% which, according to Bloomberg.

 

Quite an expenssive IPO man..

 

Much prefer the growth potential of GMG.
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yummygd
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28-Jan-2011 11:58     
 
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 Alert Admin 		hahahaha good one anyone bought e ipo?

zllz78      ( Date: 28-Jan-2011 11:48) Posted:

Our world class SGX never query Thai si lang ipo y send out fake news one... really will thai si lang

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zllz78
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28-Jan-2011 11:48     
 
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 Alert Admin 		Our world class SGX never query Thai si lang ipo y send out fake news one... really will thai si lang
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yummygd
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28-Jan-2011 11:37     
 
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 Alert Admin 		hear thai sir lang ipo not very well received.  heard only la...from one of e fourm poster. hmmmm
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rutheone1905
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28-Jan-2011 10:19     
 
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 Alert Admin 		If cant close n hold at 0.315, the next resistance is 0.305.  Beware CNY near, this may drop due to heavy profit taking to side line for the holidays.
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yummygd
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28-Jan-2011 09:43     
 
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 Alert Admin 		unfortunately this time surge was a mixed of call by boa n e fake news by thai sri lang. its e effect of e fake news that resulted in this sell down once again. If thai sri lang did not release e fake news n gmg surged because of the call. e surge should have kept n hold. investing wise dun worry. a call has been made by such a big bank. I think e price will be depressed till e ipo. after that should rise  for gmg. unless ivory coast give us present.

GuavaXF30      ( Date: 28-Jan-2011 09:38) Posted:

O BTW, BizTimes has buy call from Bank Of America. I would ignore this unless you are planning to hold for at least 2 years. Or for that matter, any analyst. I still think it's going below 0.30 c.

GuavaXF30      ( Date: 28-Jan-2011 08:22) Posted:

Same pattern all over again. Hit 0.32 and than fast retreat. If follow past, will ding dong at 0.30 level for a week or so and than collapse to 0.28-0.29 again. I personally paid very heavily for this lesson. Once bitten, twice bitten again, what an idiot.....
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GuavaXF30
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28-Jan-2011 09:38     
 
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 Alert Admin 		O BTW, BizTimes has buy call from Bank Of America. I would ignore this unless you are planning to hold for at least 2 years. Or for that matter, any analyst. I still think it's going below 0.30 c.

GuavaXF30      ( Date: 28-Jan-2011 08:22) Posted:

Same pattern all over again. Hit 0.32 and than fast retreat. If follow past, will ding dong at 0.30 level for a week or so and than collapse to 0.28-0.29 again. I personally paid very heavily for this lesson. Once bitten, twice bitten again, what an idiot......

zllz78      ( Date: 27-Jan-2011 16:57) Posted:

so fast gone case.. 0.305 liao.. what sort of lousy calls by the analysts


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GuavaXF30
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28-Jan-2011 08:22     
 
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 Alert Admin 		Same pattern all over again. Hit 0.32 and than fast retreat. If follow past, will ding dong at 0.30 level for a week or so and than collapse to 0.28-0.29 again. I personally paid very heavily for this lesson. Once bitten, twice bitten again, what an idiot......

zllz78      ( Date: 27-Jan-2011 16:57) Posted:

so fast gone case.. 0.305 liao.. what sort of lousy calls by the analysts

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zllz78
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27-Jan-2011 16:57     
 
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 Alert Admin 		so fast gone case.. 0.305 liao.. what sort of lousy calls by the analysts
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ozone2002
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27-Jan-2011 16:30     
 
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this sri tang is very slimy ..

one moment don't list one moment list..

trying to create news for themselves rite..
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yummygd
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27-Jan-2011 10:11     
 
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 Alert Admin 		hehe so my price of 40 cent is e resistance? have faith it will break

krisluke      ( Date: 27-Jan-2011 10:02) Posted:

CIMB 27 Jan 11

GMG Global (GGL SP; S$0.32) – BUY
FY11P/E: 10x, P/BV: n.a

• The stock broke out of its bullish flag pattern yesterday on strong volume. It
also took out its 50-day SMA in the process. This breakout would likely take
prices to new highs in the days or weeks ahead.

• Its MACD has just moved back into positive territory while its RSI saw a sharp
hook up above the 50-pts neutral mark. Both indicators suggest that there
should be follow through buying.

• Traders may opt to buy now with a stop placed below yesterday’s low of
S$0.285. One can also place a stop below the support trend line at S$0.28.
We expect prices to take out the old high of S$0.345 to test the S$0.365 levels
next as long as the S$0.28 level is not breached. The following resistance is at
S$0.40.

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crystal1818
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27-Jan-2011 10:06     
 
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Thanks, yummygd. :)

Glad that you have made $ from the contra. Really skill to play contra i.e. buy and exit at the right time.



yummygd      ( Date: 27-Jan-2011 09:58) Posted:

gmg is currently e main rubber play on sgx so it will defiinately affect it. not exclusive anymore get what im saying. though personally i dun think in e long run it will affect gmg.at least for e short term pricing gmg will either go down a little or stay still.Cause yesterday whatever i bought i did it for contra purposes. hence this news affected me. for my investments lots im letting it stay as in e long run GmG have huge potential. China is definately e biggest consumers now n GmG is there.Plus the company expansion seems to be in e right track. im keepin my investments for future growth.

crystal1818      ( Date: 27-Jan-2011 09:44) Posted:

How will it impact GMG if they list in Sin?
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yummygd
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27-Jan-2011 10:05     
 
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 Alert Admin 		ya lor. i agree damn underhanded. think Thai side they wanted to creat "fake news" cause their stock price fell quite abit so den pretend to say not listing or postphonin or something den their bangkok stock price go back up now they say oh it was a mistake. shouldn't someone pay for that fake market news? where got mistake regarding this. Its like getting married. give out invitation den morning say oh not getting married anymore den afternoon say going ahead den nite went definately married.

bluekelah      ( Date: 27-Jan-2011 09:42) Posted:



are they able to do that? arent there rules about cancelling IPO? SGX should look into this matter... 

So GMG should be dropping a bit today since some funds will want to move their money out to invest in sri tan?
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krisluke
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27-Jan-2011 10:02     
 
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CIMB 27 Jan 11

GMG Global (GGL SP; S$0.32) – BUY
FY11P/E: 10x, P/BV: n.a

• The stock broke out of its bullish flag pattern yesterday on strong volume. It
also took out its 50-day SMA in the process. This breakout would likely take
prices to new highs in the days or weeks ahead.

• Its MACD has just moved back into positive territory while its RSI saw a sharp
hook up above the 50-pts neutral mark. Both indicators suggest that there
should be follow through buying.

• Traders may opt to buy now with a stop placed below yesterday’s low of
S$0.285. One can also place a stop below the support trend line at S$0.28.
We expect prices to take out the old high of S$0.345 to test the S$0.365 levels
next as long as the S$0.28 level is not breached. The following resistance is at
S$0.40.
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yummygd
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27-Jan-2011 09:58     
 
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 Alert Admin 		gmg is currently e main rubber play on sgx so it will defiinately affect it. not exclusive anymore get what im saying. though personally i dun think in e long run it will affect gmg.at least for e short term pricing gmg will either go down a little or stay still.Cause yesterday whatever i bought i did it for contra purposes. hence this news affected me. for my investments lots im letting it stay as in e long run GmG have huge potential. China is definately e biggest consumers now n GmG is there.Plus the company expansion seems to be in e right track. im keepin my investments for future growth.

crystal1818      ( Date: 27-Jan-2011 09:44) Posted:

How will it impact GMG if they list in Sin?



yummygd      ( Date: 27-Jan-2011 09:21) Posted:

shit them they one kind. one moment say listing another say not listin den now say listing again. feel like slapping them. just say sorry (a mistake) alot of people could kaput with that one sorry
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crystal1818
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27-Jan-2011 09:44     
 
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How will it impact GMG if they list in Sin?



yummygd      ( Date: 27-Jan-2011 09:21) Posted:

shit them they one kind. one moment say listing another say not listin den now say listing again. feel like slapping them. just say sorry (a mistake) alot of people could kaput with that one sorry

tormont      ( Date: 27-Jan-2011 09:18) Posted:

Sri drop appx 10% yst in thai exchange. Now it's abt SGD1 only. IPO in sinapore is set at $1.20. Looking at their profile 90% of the plantation is in thailand where 10% in indonesia. 


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