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Global Logistic
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FATABA
Supreme |
04-Aug-2015 11:20
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By the way thanks for sharing this ..... back 10cents.....certainly worth more than its book value of 2.55 , P/BV of 0.86  :))
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brandnew
Senior |
04-Aug-2015 10:44
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Heero78
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04-Aug-2015 10:44
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dun " horse rear cannon" . talk back to 2013...in stock market, eveyrthing can change in 1 day, let alone 3 years ago. Like FATABA said, fundamental value at 2013 might be different story. Look at GLP, GLP already started to reduce exposure in CHina and move into US. It is a good move as US economy is picking up while CHina is slowing down. confidence will come back. Technically, it was seriously oversold yesterday...
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FATABA
Supreme |
04-Aug-2015 10:29
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I am not in any disagreement with your view base ON YOUR OWN time frame. Certainly I am not talking about those entering back in 2012.....just assume someone who think NOW that at 2.20/230 and has time to hold onto , looking at the fundamental and value , he is not wrong to invest in this stock ( since CHINA is not dead and certainly NOT GLP only sector ) We cant say that GLP didnt do well since 2012 till now ...then it definately cant do well in the next 3 years too ( or whatever time frame) I guess stock investment is to each time frame and to each strategy portfolio . Further charting is ONLY one aspect of investment.  I rest further discussion here. Thanks
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victorcy2004
Member |
04-Aug-2015 10:04
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If you have 100% holding the stock from 2012 till now, you have no capital gain except 13c of dividend, however if you have 60-70% for short term trading and hold 30% for long term, I believe you have gained more than 300% return (which I have been doing). You can see GLP has formed downtrend channel since 2013 which means investor already expect slower growth of china economy. Bear in mind, stock market reacts faster than the actual result of economy. However the recent data shows that the slowness of china growth is worsen, plus Federal is going to have interest hike in Sep, which will trigger the flow of funds globally. The expected mid term for RMB against USD is on depreciation trend. that' s why GLP is going to diverse its assets in USA instead of continue with China market. Technically, GLP is still in down trend in long term chart. Even though there is temporary uptreand, it is still capped by long term downtrend channel. If no short term trading is made, there is no way to profit from this counter since 2013. Bear in mind, bear market will have rebounce, then bull market will also have correction.
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FATABA
Supreme |
04-Aug-2015 09:45
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First ....I am not a short term trader. GLP has a great strategy plan and dversified business model ...Book value is 2.55 now, it does not make sense when its price drop so much the last few days. China slowdown is univeral and expected after years of agressive growth ...in fact moderate growth offer CHINA a moment to check and balance its economy . When the smoke is settled ...we shall see the clear blue sky here. Happy investing.
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hlfoo2010
Master |
04-Aug-2015 09:44
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Wich country GLP has investment ??? |
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victorcy2004
Member |
04-Aug-2015 09:36
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Now 2.29, short term target 2.35-2.4. |
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victorcy2004
Member |
04-Aug-2015 09:02
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Price is steady at 2.24. short term rebounce started according to 5H charts.   |
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brandnew
Senior |
03-Aug-2015 23:22
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my  sellers this morning were JPMorgan & DMG....but no scare of ang moh tua ki leh..lol
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cdodkny
Senior |
03-Aug-2015 21:54
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Depends on which brokerage u use for example kimeng u go to trade history order u can see under buy who sold to u | ||||
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Heero78
Veteran |
03-Aug-2015 21:44
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Bro, how u check the info of seller?
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cdodkny
Senior |
03-Aug-2015 21:36
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Just my 5 cents worth whether the counter market cap how big no use !!! If angmoh banks wanna throw it down its just a small fraction of their funds to churn huge profit, noble , glp, capitaland etc do u research u see u buy all from the angmoh u better run. My last purchase strangely was from Macquarie for glp 55 lots lose me quite a bit from LaSt Friday. Yes if this sort of market carries on, retailers will die badly.. | ||||
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moron101
Supreme |
03-Aug-2015 21:30
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SSE index is heading for a crash below 2000 points, BBs all rush to exit from china linked stocks. GLP focused too much on chinese mkts.. likely to go below $2.00 soon. Be careful.. | ||||
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Qanghoo
Supreme |
03-Aug-2015 20:01
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For us retailers, our biggest worry when we wake up in the morning is :  Will the counter/s I hold be the next one/s to be attached n killed.
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Qanghoo
Supreme |
03-Aug-2015 19:38
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Do u see anything amiss, brother?  It seems to be happening more n more often these days in the spore mkt.  After all, it' s a free mkt, well self-regulated.  Remember Cosmosteel, Sinjia Land, Civmec amongst others.  GLP has fallen  only abt 15% over the last two days.    Chicken feed  compared to Cosmosteel n Sinjia Land which fell abt 50% in two days.  But seems that no one in the bourse or any authority sees anything wrong n the events seem to have passed like non-events.  If this state of affairs continues, probably a lot of retailers will be bankrupt real soon.  The spore stock mkt  seems to have  turned out to be an institution of wealth erosion over the last couple of yrs.  But as they always say caveate emptor - wade the dangerous tide at your own risk.  Qn :  Is this the way we want things to go in SG50? 
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cdodkny
Senior |
03-Aug-2015 19:21
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Allowing share price to plunge so much Ina splint for few days is unusual and doesn't protect the interest of the shareholders. Which company alloys free fall? At least noble does buy backa | ||||
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Heero78
Veteran |
03-Aug-2015 18:07
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i wrote to GLP. This is the reply from Charmaine: Dear Mr XXX,   Thank you for your email and your continued support in GLP. Yes, we are aware of the drop in share price and we believe that this is related to the revision in development guidance we issued in our press release on Friday. We have chosen to revise guidance as a more conservative approach towards the current market in China, but we still believe that the long-term fundamentals of the industry remain strong.   We cannot control share price movement, but the Company and our Management team continues to be focused on initiatives to grow the company and create value for shareholders, and we hope our initiatives will results in long term share price appreciation   Please feel free to contact me if you have any further questions   Thanks,   Charmaine Wong Executive, Investor Relations
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victorcy2004
Member |
03-Aug-2015 17:07
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Close at 2.2. It holds well above 2.15. |
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victorcy2004
Member |
03-Aug-2015 16:21
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Maybe GIC is doing something, can SGX dare to question which will disclose the secrete?  
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