First Resources    Last:2.61    -0.12

First Resources

Buy low sell high. Do u think its low enough?

PQTPQK      ( Date: 27-Jul-2022 09:33) Posted: what price can buy ?? msksmsks      ( Date: 27-Jul-2022 07:56) Posted: Wl history repeat itself for a reversal    ? FR had slumped 45% fm its peak to current pricing in couple mths likewise for CPO gg down recently Based on technicals, FR is currently very oversold.    Comparing with 2019 & 2020 slump, its relatively in line and susbsequently saw a reversal in the making. The resumption of export tax in Sept,  pent up seasonal demand and confluence of other factors wl lift the CPO prices again. Opined we are close to the bottom if not bottom risk and reward commensurates. Only time wl tell Cheers (vested)

 

I've been buying @1.3+ level

Cheers

PQTPQK      ( Date: 27-Jul-2022 09:33) Posted: what price can buy ?? msksmsks      ( Date: 27-Jul-2022 07:56) Posted: Wl history repeat itself for a reversal    ? FR had slumped 45% fm its peak to current pricing in couple mths likewise for CPO gg down recently Based on technicals, FR is currently very oversold.    Comparing with 2019 & 2020 slump, its relatively in line and susbsequently saw a reversal in the making. The resumption of export tax in Sept,  pent up seasonal demand and confluence of other factors wl lift the CPO prices again. Opined we are close to the bottom if not bottom risk and reward commensurates. Only time wl tell Cheers (vested)

 

I wish I can hv the answer for u. But ...

U hv to decide yr.own.

Cheers

PQTPQK      ( Date: 27-Jul-2022 09:33) Posted: what price can buy ?? msksmsks      ( Date: 27-Jul-2022 07:56) Posted: Wl history repeat itself for a reversal    ? FR had slumped 45% fm its peak to current pricing in couple mths likewise for CPO gg down recently Based on technicals, FR is currently very oversold.    Comparing with 2019 & 2020 slump, its relatively in line and susbsequently saw a reversal in the making. The resumption of export tax in Sept,  pent up seasonal demand and confluence of other factors wl lift the CPO prices again. Opined we are close to the bottom if not bottom risk and reward commensurates. Only time wl tell Cheers (vested)

 

what price can buy ??

msksmsks      ( Date: 27-Jul-2022 07:56) Posted: Wl history repeat itself for a reversal    ? FR had slumped 45% fm its peak to current pricing in couple mths likewise for CPO gg down recently Based on technicals, FR is currently very oversold.    Comparing with 2019 & 2020 slump, its relatively in line and susbsequently saw a reversal in the making. The resumption of export tax in Sept,  pent up seasonal demand and confluence of other factors wl lift the CPO prices again. Opined we are close to the bottom if not bottom risk and reward commensurates. Only time wl tell Cheers (vested)

 

Wl history repeat itself for a reversal    ?

FR had slumped 45% fm its peak to current pricing in couple mths likewise for CPO gg down recently

Based on technicals, FR is currently very oversold.    Comparing with 2019 & 2020 slump, its relatively in line and susbsequently saw a reversal in the making.

The resumption of export tax in Sept,  pent up seasonal demand and confluence of other factors wl lift the CPO prices again.

Opined we are close to the bottom if not bottom risk and reward commensurates.

Only time wl tell

Cheers (vested) 

 

Cpo rebounded strongly. Up 4%

FR wl rebound in due course in conjunction with their result and possibly interim dividend declared apart fm CPO fluctuation.

Good to accumulate/buy when there is fear. Know what u are investing and stay calm

Cheers

 

Any reason keep droping?

 

There is a gap to be filled at 1.2. Be careful if you long. Fidelity Fund might be still selling

 

Jpm bought 1.38 level not sure its short covering or buy

 

ok . will monitor closely..

Tracer63      ( Date: 26-Jul-2022 09:47) Posted: This one likely to explode up soon

 

This one likely to explode up soon

 

Not surprise today up 10c

 

Interim dividend anoounce with 1H result 13 Aug

 

When ?

AttasBoss      ( Date: 25-Jul-2022 17:49) Posted: Interim dividend coming soon, so price should be stabilise and ready upwards

 

Interim dividend coming soon, so price should be stabilise and ready upwards

 

Yup but nice closing 1.34

PQTPQK      ( Date: 25-Jul-2022 16:43) Posted: went to 1.30 low today,,, AttasBoss      ( Date: 25-Jul-2022 10:49) Posted: Way way oversold, no much meat for short seller gonna buy up.to cover .

 

went to 1.30 low today,,,

AttasBoss      ( Date: 25-Jul-2022 10:49) Posted: Way way oversold, no much meat for short seller gonna buy up.to cover .

 

Way way oversold, no much meat for short seller gonna buy up.to cover .

 

It' s time for FR to rebound fm an oversold position being

1) Removal of DMO rqmts fm Indo gov
2) Seasonal high demand fm both India and Pakistan

Opined CPO wl elevate again.

Cheers

 

Down but not out.

Juz hv to ride thru this volatiity.....

What doesn' t kill u wl make u grow stronger.

Cheers

 

PQTPQK      ( Date: 22-Jul-2022 09:50) Posted: down again... msksmsks      ( Date: 21-Jul-2022 12:23) Posted: Yes...its very oversold and undervalued. Technically weak but fundamentally strong. Be patient. It wl reverse upwards Cheers