Indofood Agri    Last:0.375    -0.015

Indofood Agri Resources

good time to acculumate

 

vested small at 45.5

 

cpo px is faling again.   looking for attractiv entry point now

 

Time to accumulate.

Lelong, cheap cheap with good valuation around 53 - 55cts, minimum.

Keep a bit, upside above 52cts, small profits.

Some good coffee $$.

 

Lucky you escspe at 54. Go agst EB way won't wrong

KAMAL0883      ( Date: 11-Apr-2017 16:40) Posted: Ooppp below 50. Follow EB sure gone case ...zai zai newbie24      ( Date: 29-Mar-2017 09:52) Posted: Ding dong ding dong one day will come one haha. Cannot push down, only way is up

 

Ooppp below 50. Follow EB sure gone case ...zai zai

newbie24      ( Date: 29-Mar-2017 09:52) Posted: Ding dong ding dong one day will come one haha. Cannot push down, only way is up

 

Ding dong ding dong one day will come one haha. Cannot push down, only way is up

 

i bought in at 0.575 at the most recent peak, and following earlybird' s comments, agreed with eb that indofood agri' s share price follows very closely to the crude palm oil price (which makes up most of its revenue/earnings i guess). when cpo trends upwards, this counter' s share price goes up, and you can see a similar long-term trend if you compare CPO prices with indofood agri' s stock price.

the fundamentals of this company are quite good, but are very dependent on CPO prices. rather than put myself at the mercy of CPO prices, i decided to get out during a recent rally when it surged to 0.54 at last last friday' s close where i guessed there would be some resistance and would probably be the best price i could get in the short-term. 0.515-0.52 seems like a firm support level of this counter, but if CPO prices take another dive, i wouldn' t be surprised to see the share price follow. of course, the upside is that if CPO prices fly, so will this counter.

 

Good luck.

But frankly speaking, this counter never in 70cts range recently, if I am not wrong.

Not to mention one dollar.
Maybe that needs a best world miracle.

 

Brought a bit more at 52 cent. Hopefully this stock can fly in near future to hit at least 1.

 

Gambateh indofood, don't disappoint me.

I bet you will be the best performance palm oil counters.

So show me 60-80 shortly.

 

Low float indofood pump up 👏 👏 👏 👏

earlybird14      ( Date: 17-Mar-2017 12:37) Posted: Indofood and golden Agri chart are ready to bounce up strong after consolidation and accumulation. Question still stay can TA rule FA( cpo price at low)? earlybird14      ( Date: 13-Mar-2017 12:50) Posted: TA for indofood and golden show accumulation at 51.5-52 and 37-37.5 and about ready to go up. However can they go up in a cpo price at 2800? Let's see if TA work well or fundamental work well.

 

Indofood and golden Agri chart are ready to bounce up strong after consolidation and accumulation.

Question still stay can TA rule FA( cpo price at low)?

earlybird14      ( Date: 13-Mar-2017 12:50) Posted: TA for indofood and golden show accumulation at 51.5-52 and 37-37.5 and about ready to go up. However can they go up in a cpo price at 2800? Let's see if TA work well or fundamental work well.

 

TA for indofood and golden show accumulation at 51.5-52 and 37-37.5 and about ready to go up.

However can they go up in a cpo price at 2800?

Let's see if TA work well or fundamental work well.

 

bumitama up up up.

Time to turn indofood Agri after supporting at 52.

Hopefully this time will be a strong one

 

Will you chase price next time?

Be disciplined. Buy at support. Because you won't know how resistance will work on the price after touching (53.5-54, already posted on the TA)

Now we are back to 51.5-52 again.😁 😁 😁

newbie24      ( Date: 10-Mar-2017 09:15) Posted: Testing .515 le.

 

Testing .515 le.

 

Further drop of cpo price with pressure from usd appreciation.

Kl cpo stay above 2800. But India cpo seek for new low yesterday with usd effect.

Us soy oil price also down and reaching last bounce up level.

Basically commodities are in bear due to oil price collapse.

 

This is why it drop from 57.5 to 51 based on long term chart(week)

Now just hope the short term chart can support the price above 51, also above the midbollinger line.

Sporeguy      ( Date: 09-Mar-2017 10:09) Posted: Short-term is neutral. Long term chart shows RSI and price are convergent.

 

Short-term is neutral. Long term chart shows RSI and price are convergent.

 

MACD cutting from below and RSI showing oversold. Bull?