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1041-1060 of 1253
TP 100c
One more thing, It's better to put 3 levels of averaging down, each level is 5% down, I'm moving into this counter soon, see you on this game, good luck!
Can start averaging down now, this counter is definitely has lower risk than playing those pennies saga, ABL, Mag, InnP, you name it
Still valid advice ha ha
lglg666 ( Date: 07-Apr-2014 23:26) Posted:
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I may consider slowly buying back form 94c to 91c, and see if the support holds.
Wonder if today could be a good entry price at 0.95-0.955?
Any expert can advise what is the good entry point to invest some of Indoagri? I look at the chart pretty much oversold.
Published April 30, 2014
Recovery in commodity prices boosts IndoAgri' s Q1 net profit
MAINBOARD-LISTED agribusiness group IndoAgri on Wednesday reported that its net profit attributable to owners rose 70 per cent to 181.9 billion rupee for the first quarter ended March 31, up from 106.8 billion rupee a year ago.
Revenue rose 2.4 per cent to 3.2 trillion rupee, led by a 40 per cent growth in the group' s plantation division, following higher average selling prices of palm product and higher sales volume of crude palm oil.
Its edible oils and fats (EOF) division also recorded a 19 per cent year-on-year growth in revenue to 2.3 trillion rupee.
The overall increase in net profit and revenue was in line with the strong recovery in commodity prices for agriculture crops, said IndoAgri.
Good advice
marubozu1688 ( Date: 07-Apr-2014 22:35) Posted:
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Wait for retracement back to the support level to buy on dip for IndoAgri.
http://mystocksinvesting.com/singapore-stocks/indoagri/indoagri-short-term-retracement/
My view is that this is still a overlooked gem. I asked the question about why no one bothered to touch this when it was 76c all the way to 84c.
Indonesia 2014 elections will be good catalyst to bring up the value of Indonesian companies.
Still holding on as I remember the days when it was $2+
DB highlighted in a rpt today on positive investor thoughts for the palm oil sector from their US roadshow (posting at 8.44am). Apart from that, industry watchers are bullish on CPO, expecting prices to hit RM3,000/mt by Apr, underpinned by an increasing chorus by weather forecasters that an El Nino will develop from Jun-Jul onwards. Indofood Agri derives 74% of revenue from CPO in FY13.
Sold contra position at 935.. Still holding pickup ones from cheap cheap.
Why are you guys looking at it now and not when it was quietly building up and lagging?
945 resistance is pretty strong as per Nov highs. Expect to test support of 915 before trying to test $1
Hot weather is driving up the CPO
Emm....indeed....
The feel n force are here ......
Cheers!!!
Make hay while the sun shines, commodity stocks in play.
xing78 ( Date: 07-Mar-2014 00:15) Posted:
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Moving averages (20d, 50d, 200d) already cleared.
It should start moving significantly higher once the next 2 resistance pivot points @ 0.945 and 1.01 are cleared in the short term.
No $3 No Sell for IndoAgri.
Put Bumitama on your watch-list as well, it just had a very strong move in the last couple of trading days.
Another 10 cents rise to the upside is possible before stalling out.
Good Luck :p
lglg666 ( Date: 06-Mar-2014 21:00) Posted:
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The chart does look good....for this one.
No $3 No Sell
bishan22 ( Date: 25-Feb-2014 14:56) Posted:
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Result announcement 28/2. Good or bad???
look like it's moving slowly today