Latest Forum Topics /
Golden Agri-Res
Last:0.28
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GoldenAgr
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MekMiRic
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03-Mar-2017 14:05
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hmm
wed and thurs cpo >2800rm and on the rise. hoping for better performance on gagr price. |
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earlybird14
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03-Mar-2017 11:40
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We know all these level are key support level.
Market is still eye on soy oil price by breaking the week chart resistance at 35 after a strong bounce from 33. Once 35 is broken, market will blow on bull on vegetable oil. But of course if fail and come down, is bear mode. However we are at bottom up, so of course I am standing at bull side at this moment.
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earlybird14
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03-Mar-2017 10:54
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http://www.bursamalaysia.com/market/derivatives/prices/
https://m.investing.com/commodities/us-soybean-oil-advanced-chart Based on last free fall, Sgx price is 1 day behind to reponse the cpo and soy oil price. So be patient
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earlybird14
Supreme |
03-Mar-2017 10:50
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I suggest the putting following benchmark
Cpo rm 2750-2850 soy oil 33.5-34.5 Golden Agri 37-38 Indofood 51-52 Lower than benchmatk lower the price Higher move higher
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mepkoh
Elite |
03-Mar-2017 09:44
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can expect cpo  price to drift  lower...for the next 3 months.. not surprise at RM 2500... in the mean time ..dont expect GAR to do miracles |
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earlybird14
Supreme |
03-Mar-2017 09:39
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37.5 is month support. Now is Less than 2.5 days😛 😛 😛
I will support more indofood and bumitama since their gross margin is better, so got some security.
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goldenchasis
Member |
03-Mar-2017 09:22
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Today is 3rd day support on 37.5 ... Monday chiong up? ... how, buy?
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goldenchasis
Member |
03-Mar-2017 09:18
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http://www.quotenet.com/commodities/palm-oil-price Palm Oil Price seems to hit Trend Line Support and turning up ... is it time to get ready to buy ? |
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earlybird14
Supreme |
02-Mar-2017 13:18
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Soy oil price breaking 35, I think market is waiting for it to start a bull run for all vegetable oil related counters.
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earlybird14
Supreme |
02-Mar-2017 13:16
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37.5 month chart support. Need 3days to support to force short covering.
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GuavaXF30
Elite |
02-Mar-2017 11:31
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Hi there. If you think there will be resumed downtrend, why are you also thinking of going in at 0.385 and make that possible 1.5-2 cents? Isn' t it better to hold fire and wait for the downtrend to happen ? Hope you don' t mind but I just feel this may be a risky strategy.
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goldenchasis
Member |
02-Mar-2017 11:22
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quick rebound to 0.40-0.405 may be possible before resume downtrend ... thinking of going in at 0.385 ... |
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TechnicalTrader
Master |
02-Mar-2017 11:13
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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right... now the price seem attractive again... so i am tempted.. trying to convince myself why 37cts is the bottom?  Anyway, maybe not necessary to go in at bottom hor.... can still try to move in bit by bit.. just my opinion...
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leongyan
Master |
02-Mar-2017 11:08
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high volume on buy and sell side doesnt make it easy to short term trades. Having said the earning are better than last year and dividend is not fantastic but not too bad also (compared to other blue chip offerings). It has corrected a fair bit the last 6 weeks. again your own judgement and comfort level
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TechnicalTrader
Master |
02-Mar-2017 10:55
Yells: "Traders perform TA using TI. Success rely on Technique used" |
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my experience with golden agri bought three times in the past 3 years.... not able to catch the up and down... just give up by closing with peanuts...  |
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earlybird14
Supreme |
02-Mar-2017 08:00
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Feb contract is end. Look at March http://www.bursamalaysia.com/market/derivatives/prices/#/?page=1&contract_code=FCPO
Something is blowing in past 2 days be updated
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earlybird14
Supreme |
02-Mar-2017 07:52
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Wait for a level support for 3 days. Then buy , | ||||
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beginners
Veteran |
02-Mar-2017 07:46
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Yes, it always let people disappointed. It will showly move back to 0.30. Which I think a good entry point to load some.
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MekMiRic
Member |
02-Mar-2017 05:45
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cpo prices hovering around 2.7~2.8.
No real reason to climb yet. quite disappointing. well, it is what it is. looks like i need to stay vested for value rather than timing the market. |
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newbie24
Veteran |
01-Mar-2017 16:05
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Large volume selling down, downtrend still intact, best to stay away |
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