| Latest Forum Topics / GMG Global |
 Post Reply
|
|
GMG CHIONG tomoro -Flash floods hit southern Thail
|
|||||
|
kiasiDBT
Veteran |
26-Jan-2011 11:51
|
||||
|
x 0
x 0 Alert Admin |
GMG Global up 8.8% after Merrill’s “buy” call Shares of Singapore’s GMG Global (GMGG.SI) rose as much as 8.8% on Wednesday after Merrill Lynch initiated coverage of the firm with a “buy” rating with a target price of $0.50. At 10:54 a.m., shares of GMG Global, which owns rubber plantations in Indonesia, Cameroon and Ivory Coast, were 5.3% higher at $0.30 with over 65.9 million shares changing hands. Merrill Lynch said GMG’s parent Sinochem, being China’s largest rubber trader, will give GMG direct access to the China market, which consumes a third of the world’s rubber production. “The rubber sector is facing a severe supply shortfall post many years of underinvestment. With the rising demand driven by China and India auto, we expect the rubber price rally to last till 2012,” the brokerage said in a report. The rise in GMG’s share price comes as Thailand’s Sri Trang Agro cancelled its Singapore secondary listing, citing market volatility. |
||||
| Useful To Me Not Useful To Me | |||||
|
Salute
Master |
26-Jan-2011 11:50
|
||||
|
x 0
x 0 Alert Admin |
May I know when is this published
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
bluekelah
Member |
26-Jan-2011 11:36
Yells: "HELOZ WORLD!!!" |
||||
|
x 0
x 0 Alert Admin |
That's good to hear... So the big buy ups are from those fund managers who has prior knowledge of this information? That means there is potential to hit TP of $1 if P/E 30x ? Haha I think like that GMG gonna hit highs again :D Those vested hang on tight!!! |
||||
| Useful To Me Not Useful To Me | |||||
|
kiasiDBT
Veteran |
26-Jan-2011 11:35
|
||||
|
x 0
x 0 Alert Admin |
Again BIG eat up, now eat up total 5901 lots at 0.30.......sweeeee... swee....... 
|
||||
| Useful To Me Not Useful To Me | |||||
|
kiasiDBT
Veteran |
26-Jan-2011 10:32
|
||||
|
x 0
x 0 Alert Admin |
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 upside. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
bluekelah
Member |
26-Jan-2011 10:30
Yells: "HELOZ WORLD!!!" |
||||
|
x 0
x 0 Alert Admin |
I averaged down to .285-.295, now is going up nicely, very tempted to profit take but from limited experience it should go up a few more days at least.... Rubber prices have been constantly going up also and expected to up at least until asian rubber producers pick up production after march? Another forum poster has a good description of this share, it will "ding dong' at a range then shoot up suddenly. then ding dong again... Going to wait until >.33 then sell, see can reach the target or not? |
||||
| Useful To Me Not Useful To Me | |||||
|
yummygd
Supreme |
26-Jan-2011 10:29
|
||||
|
x 0
x 0 Alert Admin |
baby come on go up show them what u can do!! | ||||
| Useful To Me Not Useful To Me | |||||
|
slimerlth
Member |
26-Jan-2011 09:54
|
||||
|
x 0
x 0 Alert Admin |
give her one more chance..chiong~~~ |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
yummygd
Supreme |
26-Jan-2011 09:48
|
||||
|
x 0
x 0 Alert Admin |
comin down liao...cant hold on to rally. | ||||
| Useful To Me Not Useful To Me | |||||
|
kiasiDBT
Veteran |
26-Jan-2011 09:44
|
||||
|
x 0
x 0 Alert Admin |
Be careful, wait u tng kor n a-r-s-e hole get burnt fror LNY, feel sad n sorry for u
|
||||
| Useful To Me Not Useful To Me | |||||
|
ozone2002
Supreme |
26-Jan-2011 09:41
|
||||
|
x 0
x 0 Alert Admin |
short both gmg n sri tang | ||||
| Useful To Me Not Useful To Me | |||||
|
kiasiDBT
Veteran |
26-Jan-2011 09:29
|
||||
|
x 0
x 0 Alert Admin |
Again BIG eat up, now eat up total 3000 lots at 0.305.......sweeeee... swee.......
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
GuavaXF30
Master |
26-Jan-2011 09:29
|
||||
|
x 0
x 0 Alert Admin |
Happy for you guys but not meaning to be a wet blanket, my experience with this counter is run usually only for a couple of days than puncture. Those vested with profit can afford to take a chance but those that did not get in yet and thinking about it, I went in during the last run at 0.315 and 0.325 and almost immediately after lau si and took a painful beating. But please take this as just my experience. It may just be my arse luck...
|
||||
| Useful To Me Not Useful To Me | |||||
|
yummygd
Supreme |
26-Jan-2011 09:27
|
||||
|
x 0
x 0 Alert Admin |
hoo hoo hoo | ||||
| Useful To Me Not Useful To Me | |||||
|
watercrests
Member |
26-Jan-2011 09:22
|
||||
|
x 0
x 0 Alert Admin |
Yaaa... Sweeeee Sweeeee....... Hmmm.... ** Happy**
|
||||
| Useful To Me Not Useful To Me | |||||
|
kiasiDBT
Veteran |
26-Jan-2011 09:09
|
||||
|
x 0
x 1 Alert Admin |
WOWWWW!!! Ai Lai CHIONG again liow after long period of rest. Again BIG eat up, now eat up total 9000+ lots at 0.295 and 1060 lots at 30.......sweeeee... swee.......
|
||||
| Useful To Me Not Useful To Me | |||||
|
kaoluck
Member |
24-Jan-2011 14:17
|
||||
|
x 0
x 0 Alert Admin |
Good to stay vested on both counters (if you got da bullents) as Rubber prices will continue to rise. GMG still has the potential of the chinese market. So, watch this sp[ace ;P | ||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
22-Jan-2011 13:47
Yells: "Sometimes you think you know, but in fact you dont" |
||||
|
x 0
x 0 Alert Admin |
I hear big boys are switching to SRI TRANG AGRO-INDUSTRY PUBLIC COMPANY LIMITED GMG is rubber .... SRI TRANG is rubber..... If your an investor you will buy a bigger and stable plantation for greater yield..... not that GMG is not attractive but BB are selling and buying into SRI TRANG
|
||||
| Useful To Me Not Useful To Me | |||||
|
Bintang
Elite |
22-Jan-2011 11:49
|
||||
|
x 0
x 0 Alert Admin |
GMG has not rebounded recently , instead it came down again . It broke the 100MA n closed at 28.5 cents . Since the top formation has formed at 33.5 cents in December 2010 , its trend turned weak n came all the way to 27.5 cents , n rebounded from here to form a rising wedge . Breaking the formation at 30 cents with big volume on 18 January 2011 , the downtrend would be confirmed . Strong support is at 25 cents .
|
||||
| Useful To Me Not Useful To Me | |||||
|
james87
Veteran |
21-Jan-2011 16:30
|
||||
|
x 0
x 0 Alert Admin |
Haha. I oredi parked this counter aside for miracle to happen. Seems like the rubber price surge has not much impact to this counter ..
|
||||
| Useful To Me Not Useful To Me | |||||