First Resources    Last:2.7   -

First Resources

This babe may continue to head higher.

http://sporeshare.blog   spot.sg/2016/03/first-resources.html

 

today opening at 1.93

harvest bo le..

ONONONON      ( Date: 15-May-2015 10:45) Posted: i think time almost up le.. collect harvest over soon...

 

i think time almost up le.. collect harvest over soon...

 

still going up ... will it hit $2?

 

First Resources rebounded due to recovery in global crude oil price.

Commodity related stock such as indofood agri and golden agri also rebounded.

Time to enter tomorrow.

 

 

Can anyone explain why it shot up in the afternoon today? The Q1 report released yesterday morning doesn' t look good though.

Anything to do with the biggest share holder (60+%)?

 

 

There is a signal entry. I am gonna entry this stock tomorrow.

 

Time: 2:14PM
Exchange: SGX
Stock: First Resources(EB5)
Signal: Bullish MACD Centerline Crossover
Last Done: $1.975

 

first El Nino in five years declared by Japan weather bureau... Positive outlook for palm prices. 

 

a classic precursor to the short side like Tiger in the may june period so the pattern is quite repeatable actually..

 

big drop

 

Cross fire at $2.46 but shots only sporadic. Chart looks positive but where is the volume. Moves still hard to say.

Several houses issued reports on the plantation sectors in the last few days, which may stir some interest in plantation stocks.   But today DBS says CY14F-16F CPO prices under review with a downside bias lei.

 

1Q14 net profit slumped 29% y/y to US$45m, below street expectations, as gross margin shrank to 42% (-18.2 ppts), on lower average selling prices for CPO and refined products.

 

Last:2.55     Vol:1142k     +0.03

palm oil counters are in the limelight

ozone2002      ( Date: 17-Apr-2014 11:25) Posted: Last:2.49     Vol:576k     -0.02 hmm got a bad post for the posting below.. see how much it has gained?????? ozone2002      ( Date: 17-Jun-2013 11:22) Posted: Time: 8:58AM Exchange: SGX Stock: FirstRes(EB5) Signal: Bullish MACD Centerline Crossover Last Done: $1.845

 

where u get the first resources predicted to go $5.00 read?

victortan      ( Date: 11-Apr-2014 17:55) Posted: Kim Eng have atg px of 5.00 2 yr time. go read it. guoyanyunyan      ( Date: 10-Apr-2014 10:27) Posted: First Resources (EB5) Technical BUY with 9.2%+ potential return Last price: S$2.36 BUY with a target price of S$2.60, as the stock may trend higher after prices appear to be supported at its rising 50-day EMA. A close above S$2.42 in the next few trading sessions may increase its odds for further upside, as its 14-day Stochastics has formed a bulllish crossover above its oversold region. Watch to see if its MACD indicator does the same above its centreline. Protective stops could be placed at S$2.31. Our institutional research has a fundamental BUY with a target price of S$2.80.

 

share inv.com listing first resources as a likely candidate to replace OLAM. Hmm

guoyanyunyan      ( Date: 17-Apr-2014 12:34) Posted: First Resources- 1Q14 results likely to be down qoq and yoy owing to a strong performance in 2013 (FR SP/BUY/S$2.51/Target: S$2.80) FY14F PE (x): 14.5 FY15F PE (x): 13.3 Strong production recovery in 1Q14. First Resources' (FR) Mar 14 production statistics continued to show a recovery in production and FFB yield from last year' s biological stress. FFB production was up 22.4% yoy and 11.2% mom. But OER was lower at 22.6% (Mar 13: 23.3%) as the haze has affected the formation of fruits and the ripening process. For 1Q14, FFB production was up 13.1% yoy but down 24.4% qoq while third-party crop intake fell 16.3% qoq (+46.3% yoy). CPO production was up 14.4% yoy (-24.1% qoq). Maintain BUY and target price of S$2.80, based on 15x 2015F PE. FR remains one of our top picks in the plantation sector for its attractive profile age, cost-efficient estates and hands-on management.  UOBKayHian

 

First Resources- 1Q14 results likely to be down qoq and yoy owing to a strong performance in 2013
(FR SP/BUY/S$2.51/Target: S$2.80)
FY14F PE (x): 14.5
FY15F PE (x): 13.3
Strong production recovery in 1Q14. First Resources' (FR) Mar 14 production statistics continued to show a recovery in production and FFB yield from last year' s biological stress. FFB production was up 22.4% yoy and 11.2% mom. But OER was lower at 22.6% (Mar 13: 23.3%) as the haze has affected the formation of fruits and the ripening process.

For 1Q14, FFB production was up 13.1% yoy but down 24.4% qoq while third-party crop intake fell 16.3% qoq (+46.3% yoy). CPO production was up 14.4% yoy (-24.1% qoq). Maintain BUY and target price of S$2.80, based on 15x 2015F PE. FR remains one of our top picks in the plantation sector for its attractive profile age, cost-efficient estates and hands-on management. 

UOBKayHian

 

Last:2.49     Vol:576k     -0.02

hmm got a bad post for the posting below..

see how much it has gained??????

ozone2002      ( Date: 17-Jun-2013 11:22) Posted: Time: 8:58AM Exchange: SGX Stock: FirstRes(EB5) Signal: Bullish MACD Centerline Crossover Last Done: $1.845

 

If this one will be on par with GAR, indo agri, Bumitama, it is worth at least. 3.5/3.8 buy first before fund push up the px. disclaimer

 

Kim Eng have atg px of 5.00 2 yr time. go read it.

guoyanyunyan      ( Date: 10-Apr-2014 10:27) Posted: First Resources (EB5) Technical BUY with 9.2%+ potential return Last price: S$2.36 BUY with a target price of S$2.60, as the stock may trend higher after prices appear to be supported at its rising 50-day EMA. A close above S$2.42 in the next few trading sessions may increase its odds for further upside, as its 14-day Stochastics has formed a bulllish crossover above its oversold region. Watch to see if its MACD indicator does the same above its centreline. Protective stops could be placed at S$2.31. Our institutional research has a fundamental BUY with a target price of S$2.80.