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GMG CHIONG tomoro -Flash floods hit southern Thail
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yummygd
Supreme |
26-Jan-2011 16:49
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wth all of a sudden 0.32 got such big q...fake one or wat | ||||
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yummygd
Supreme |
26-Jan-2011 16:47
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yeah!!
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BLTENG1973
Member |
26-Jan-2011 16:47
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You have my Support!
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yummygd
Supreme |
26-Jan-2011 16:44
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dun sell at 0.315!!!!it can hit 40!! | ||||
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yummygd
Supreme |
26-Jan-2011 15:39
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bought more at 0.31 hopefully tom will chiong somemore
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crystal1818
Veteran |
26-Jan-2011 15:26
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No wonder the price shoot up suddenly. What a pity didn't buy despite monitoring... Sigh.
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kaoluck
Member |
26-Jan-2011 15:16
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Been soaking up this baby during its last 2 dips below 0.285. It will probably test its last high point pretty soon. But, will it hit 0.40... |
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slimerlth
Member |
26-Jan-2011 15:01
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up up up!!!tomorrow chiong again~~~ | ||||
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yummygd
Supreme |
26-Jan-2011 15:00
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got!!Hope baby will be nice to me | ||||
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yummygd
Supreme |
26-Jan-2011 14:47
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yummygd
Supreme |
26-Jan-2011 14:42
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u covered short yet?
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yummygd
Supreme |
26-Jan-2011 14:34
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hmmmmm seems like maybe must revise price | ||||
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yummygd
Supreme |
26-Jan-2011 14:31
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Q at 3.10 hope can get...previously i did say it always ding dong around certain support before hitting new highs....40 cents here we come | ||||
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bluekelah
Member |
26-Jan-2011 14:28
Yells: "HELOZ WORLD!!!" |
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oops trigger my sell @3.10 :D lucky still keeping some lots... | ||||
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krisluke
Supreme |
26-Jan-2011 13:13
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GMG Global: Merrill Lynch Initiate at Buy with $0.50 TP.based on SOTP, with an implied FY11E PE of 15.5x, and offering a 75% potential upsiside. 2011 and 2012 rubber price assumptions are US$5.5/kg and US$6.5/kg. Note that Rubber is the ‘new black’ and sector is facing a severe supply shortfall post many years of under investment. Note that with the rising demand driven by China and India auto, expect the rubber price rally to last till 2012, especially as we enter the winter season for rubber in 1H11. GMG (51% owned by Sinochem) is one of the world’s only few listed rubber play which has a presence from plantation, processing to distribution. Highlight that although GMG is blessed with supply security, it is still diligently seeking growth, both upstream and midstream. Its recent acquisition of Teck Bee Hang (Thai processor) has doubled its processing capacity. Coupled by the rising rubber price, FY11E profit is poised to grow by 127% YoY. Tip every 1% change in rubber price (ORA Comdty) to lift earnings by 4.1%, while solid parentage offers direct access to China market. Sinochem is China’s biggest rubber trader and China consumes a third of the world’s rubber production. Thus GMG has secured distribution into one of the most dynamic rubber markets. The relationship will also lower GMG’s distribution costs as third party marketing contracts cease. |
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tormont
Member |
26-Jan-2011 12:32
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cn breach 100m vol today jia you | ||||
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kiasiDBT
Veteran |
26-Jan-2011 12:32
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3996 +3000+2088+1418=10502 lots eat up @30.5...swee... swe... |
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watercrests
Member |
26-Jan-2011 12:31
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Looking good and feeling goooood about GMG now~~ Let's Cheong! Cheong! Cheong! | ||||
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Salute
Master |
26-Jan-2011 12:00
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good. | ||||
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tormont
Member |
26-Jan-2011 11:51
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Thai Sri Trang cancels S'pore IPO listing BANGKOK | Tue Jan 25, 2011 9:48pm EST Jan 26 (Reuters) - Thai rubber maker Sri Trang Agro-Industry Pcl STA.BK said on Wednesday it has cancelled its plan to list shares on the Singapore bourse due to unfavourable market conditions. The cancellation came after the company postponed fixing its initial public offering price (IPO) on Monday after the Thai stock market tumbled along with other regional bourses. ($1= 30.94 Baht) (Reporting by Ploy Ten Kate; Editing by Alan Raybould) |
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