Golden Agri-Res    Last:0.28    -0.005

GoldenAgr

WATCH .... Garnering power to break 29.5 52 week high soon..:)

 

For years SGX has a small pool of retail investors (after the fall of S-chip stocks from China), thus BBs can easily manipulate a stock despite its performance. However, if crude palm oil price continues to rise and Golden Agri performs v well in FY21 and gives dividend, it just a matter of time this stock will rocket to reflect its real value. Further more BBs can also suddenly change course n pushes the stock after they accumulate enough. For truth investors we just hv to be patient n invest wisely ...
 

rentay      ( Date: 24-Feb-2022 12:38) Posted: Any ideas why those palm oil companies share price hardly move much despite palm oil price keep rising?

 

Any ideas why those palm oil companies share price hardly move much despite palm oil price keep rising?

 

Wow !! Palm oil future continues to break its all time high, its really time to accumulate n wait for Golden Agri price to catch up. This up coming FY21 result should be very good with good dividend also (since the company has a dividend policy of 30 percent of its underlying profit). The chart below speaks for itself.....Ukraine-Russia crisis helps to push up the price of palm oil & Energy stocks including coal.
Also India has increased demand with reduced import duty of Palm oil added to the rise!


 

 

Looking good at market closing today. One week before the results. Seems like the engine is starting to warm up.

 

Palm oil stock indeed should be doing v well for the near future according to the crude palm oil price.
https://tradingeconomics.com/commodity/palm-oil:
Malaysian palm oil futures skyrocketed to an all-time high of MYR 6,028 a tonne in the last week of February and is now up almost 30% since the beginning of 2022 amid robust demand and supply constraints. Malaysian Palm Oil Board' s estimated the country' s production in February fell 1.79% from the previous month, with exports rising faster than its output. Supporting prices further was the impact of dry weather on South American soybean production areas, while Indonesia' s restrictions on exports also exacerbated supply fears.
 

 

Hehe is this another piece of information sharing out from the " Indon speaking coffee shop" ?

Catrade      ( Date: 22-Feb-2022 15:49) Posted: Yes u r right there r plenty of ' ifs' . However, the reality is Palm oil future breaking multi year high is real, and Golden Agri majority share holder, ' The Widjaja Family' is not helpless as to let its share price continues to be suppressed .... what strategy this family eventually plays is everyone guess? PingPongBall      ( Date: 22-Feb-2022 14:49) Posted: Yeah but that' s plenty of ' ifs" . In situations like these, your guess is as good as mine

 

Yes u r right there r plenty of ' ifs' . However, the reality is Palm oil future breaking multi year high is real, and Golden Agri majority share holder, ' The Widjaja Family' is not helpless as to let its share price continues to be suppressed .... what strategy this family eventually plays is everyone guess?

PingPongBall      ( Date: 22-Feb-2022 14:49) Posted: Yeah but that' s plenty of ' ifs" . In situations like these, your guess is as good as mine. Catrade      ( Date: 22-Feb-2022 14:21) Posted: With Palm oil future breaking record price again, Golden Agri is hugely under value LIkely some BBs are suppressing its to buy cheap, especially they know our SGX retail investors are weak. Further more if its India subsidiary Gemini Edibles IPO takes off during this oil palm record year, Golden Agri price will rocket sooner or later...

 

Yeah but that' s plenty of ' ifs" . In situations like these, your guess is as good as mine.

Catrade      ( Date: 22-Feb-2022 14:21) Posted: With Palm oil future breaking record price again, Golden Agri is hugely under value LIkely some BBs are suppressing its to buy cheap, especially they know our SGX retail investors are weak. Further more if its India subsidiary Gemini Edibles IPO takes off during this oil palm record year, Golden Agri price will rocket sooner or later...

 

With Palm oil future breaking record price again, Golden Agri is hugely under value LIkely some BBs are suppressing its to buy cheap, especially they know our SGX retail investors are weak.
Further more if its India subsidiary Gemini Edibles IPO takes off during this oil palm record year, Golden Agri price will rocket sooner or later...

 

https://www.theedgemarkets.com/article/malaysia-cpo-futures-ask-price-tops-rm6000-tonne-first-time
 

KUALA LUMPUR (Feb 17): Malaysian crude palm oil (CPO) futures ask price topped RM6,000 a tonne for the first time on Thursday (Feb 17) at RM6,050, as the commodity&rsquo s price closed at its record high.

At 6.30pm, March 2022 CPO price closed up RM140 at its record high at RM5,970 a tonne, after the commodity was traded at between RM5,807 and RM5,970.

March 2022 CPO&rsquo s opening price was RM5,845 a tonne, while its bid price stood at RM5,340.

In a research note on Wednesday, Hong Leong Investment Bank&rsquo s (HLIB) analyst Chye Wen Fei said the research house is &ldquo overweight&rdquo on the plantation sector, citing that the CPO price will likely remain at elevated levels in the next few months with a possibility until the first half of 2022.

 

https://www.marketwatch.com/amp/story/asian-plantation-stocks-boosted-as-palm-oil-hits-new-high-271644896186
 

KUALA LUMPUR--Malaysian and Indonesian plantation stocks were lifted after crude palm oil futures hit a new record high on rising demand and tight supply.

Sime Darby Plantation Bhd. rose 5.7% and Kuala Lumpur Kepong added 2.5% in early Asian trading Tuesday, while Singapore-listed Wilmar International and Indonesia' s Astra Agro Lestari were up 3.1% and 2.7%, respectively.

 

Exactly! Wonder what is the latest rumours in the coffee shop LOL

CheeryVGoh      ( Date: 17-Feb-2022 12:04) Posted: First Resources & Mewah too. Almost all the Palm Oil counters have moved up. PingPongBall      ( Date: 17-Feb-2022 11:57) Posted: Hope so. Wilmar and Bumitama are flying off already. This one still stuck here LO

 

First Resources & Mewah too.

Almost all the Palm Oil counters have moved up.

PingPongBall      ( Date: 17-Feb-2022 11:57) Posted: Hope so. Wilmar and Bumitama are flying off already. This one still stuck here LOL CheeryVGoh      ( Date: 17-Feb-2022 11:51) Posted: Good result I think.  Hopefully GAR surprises us with VERY  good result.

 

LongXia is his Chinese name. His English name is Lobster LOL

pkli899      ( Date: 17-Feb-2022 09:38) Posted: Hahaha.....LongXia......I found u. LongXia =  龙 虾   =  ?? I know the answer.....hehe. LongXia      ( Date: 15-Feb-2022 11:31) Posted: Okay, my post for the day .... seems to me you are playing contra on this.. I already sounded out that the power may be wants a controlled measured rise, see my comments below. And as for my " small comment" , which I shouldn' t make in the first place, was based on coffee shops hearsay that there were " heavy" institutional buying, and they think it could be people selling to buy Golden. You can' t find it in the SGX Dara report, but there was a business times mention of it few days ago   " Outside the STI, Mapletree North Asia Commercial Trust  RWOU  , Golden Agri-Resources  Golden Agri-Res: E5H +1.82%  , Suntec Reit  Suntec Reit: T82U +0.63%  , Keppel Reit  Keppel Reit: K71U +0.88%  and Sheng Siong Group  Sheng Siong: OV8 +0.66%  were recipients to the highest net institutional inflows for the 5 sessions."   The bad thing about institutional buying, is that they will not chase the stock price to sky high, the good thing is they will not dump it so quick after buying. As for Golden, coffee shops are pretty sure they are " taking positions" for several brewings to come, one of which as I mentioned, would be the good FY results, which has been confirmed to be on 1 March. But you need not wait for then to hear any good news. You just need to find out Pt SMART results, which was supposed to be early this week, but postponed to next week. There is also belief that Golden is heavily backed to copycat Wilmar contemplating listing in India and China. The heavy buying, as opposed to trading and contra play, suggest the  brewings may be heating up As for Wilmar, institutional funds as I learned are back on again, ahead of results on next Monday, good results and a good payout is expected, and there has been brokerages upgrade ahead of the reults. UOB KH example gives it a six dollar TP. Wilmar India stock prices hav3 been doing amazingly well. That' s all I know. won' t be posting here anymore as I m more or less on a winding down mission. Good luck.

 

Hope so. Wilmar and Bumitama are flying off already. This one still stuck here LOL

CheeryVGoh      ( Date: 17-Feb-2022 11:51) Posted: Good result I think.  Hopefully GAR surprises us with VERY  good result.  PingPongBall      ( Date: 16-Feb-2022 20:34) Posted: Thanks. What is your expectation

 

Hope they give more dividend.

CheeryVGoh      ( Date: 17-Feb-2022 11:51) Posted: Good result I think.  Hopefully GAR surprises us with VERY  good result.  PingPongBall      ( Date: 16-Feb-2022 20:34) Posted: Thanks. What is your expectation

 

Good result I think. 

Hopefully GAR surprises us with VERY  good result. 

PingPongBall      ( Date: 16-Feb-2022 20:34) Posted: Thanks. What is your expectation? CheeryVGoh      ( Date: 16-Feb-2022 18:56) Posted: Result on 01 Mar (a.m.)

 

Hahaha.....LongXia......I found u.
LongXia =  龙 虾   =  ??
I know the answer.....hehe.

LongXia      ( Date: 15-Feb-2022 11:31) Posted: Okay, my post for the day .... seems to me you are playing contra on this.. I already sounded out that the power may be wants a controlled measured rise, see my comments below. And as for my " small comment" , which I shouldn' t make in the first place, was based on coffee shops hearsay that there were " heavy" institutional buying, and they think it could be people selling to buy Golden. You can' t find it in the SGX Dara report, but there was a business times mention of it few days ago   " Outside the STI, Mapletree North Asia Commercial Trust  RWOU  , Golden Agri-Resources  Golden Agri-Res: E5H +1.82%  , Suntec Reit  Suntec Reit: T82U +0.63%  , Keppel Reit  Keppel Reit: K71U +0.88%  and Sheng Siong Group  Sheng Siong: OV8 +0.66%  were recipients to the highest net institutional inflows for the 5 sessions."   The bad thing about institutional buying, is that they will not chase the stock price to sky high, the good thing is they will not dump it so quick after buying. As for Golden, coffee shops are pretty sure they are " taking positions" for several brewings to come, one of which as I mentioned, would be the good FY results, which has been confirmed to be on 1 March. But you need not wait for then to hear any good news. You just need to find out Pt SMART results, which was supposed to be early this week, but postponed to next week. There is also belief that Golden is heavily backed to copycat Wilmar contemplating listing in India and China. The heavy buying, as opposed to trading and contra play, suggest the  brewings may be heating up As for Wilmar, institutional funds as I learned are back on again, ahead of results on next Monday, good results and a good payout is expected, and there has been brokerages upgrade ahead of the reults. UOB KH example gives it a six dollar TP. Wilmar India stock prices hav3 been doing amazingly well. That' s all I know. won' t be posting here anymore as I m more or less on a winding down mission. Good luck.

 

Thanks. What is your expectation?

CheeryVGoh      ( Date: 16-Feb-2022 18:56) Posted: Result on 01 Mar (a.m.)