Indofood Agri    Last:0.37    -0.005

Indofood Agri Resources

Wont lah. Siao lah u. So pessimistic

HuathuatLeo      ( Date: 31-Aug-2016 12:20) Posted: if 45 breaks then this will be indo ugly. lmao hahahaa. then can wait around 41cts liao. haha

 

if 45 breaks then this will be indo ugly. lmao hahahaa. then can wait around 41cts liao. haha

 

Dividend payment weaken golden Agri cash position.

In a financial tight market like now, we should pay more attention on cash position since this is the top period cash call through right issue no matter mid cap or bluechips. This is what we try to avoid.

Good luc.

Trexxx      ( Date: 17-Aug-2016 09:57) Posted: using TA alone, just got to be very patient and will stick to my SL.. accumulated at .35 exactly 1 month ago, dropped hard that time from 375 to 360 and range bound until ystd breakout test 390. Patience will pay off. Yes good luck :D

 

using TA alone, just got to be very patient and will stick to my SL.. accumulated at .35 exactly 1 month ago, dropped hard that time from 375 to 360 and range bound until ystd breakout test 390. Patience will pay off. Yes good luck :D

 

Since cpo price is quite volatile in past 6 months. Although we hope for the best, still have to prepare for the worst and choose a safer counter in the same industry for turnaround.

Good luck and all the best.

earlybird14      ( Date: 17-Aug-2016 09:52) Posted: i remind you again, look at the cash flow for both companies. Most of the plantation companies are generating negative cash flow in past 1 year due to lower cpo price. Both are having about 150mio to 200mio in bank but golden Agri having bigger revenue, so their cash flow burning rate is much faster than indofood Agri. This is main reason I selected indofood Agri rather than golden Agri due to cash flow and cash in banks which I think indofood may not give me problem in mid term. But cpo price rise up, it may be different ball game. But I will be worry if I hold golden Agri. Trexxx      ( Date: 17-Aug-2016 09:43) Posted: ya... im still holding tho.. believe will test 40c again.. actually predicted it will fall back but dont want think so much just hold lol

 

i remind you again, look at the cash flow for both companies. Most of the plantation companies are generating negative cash flow in past 1 year due to lower cpo price.

Both are having about 150mio to 200mio in bank but golden Agri having bigger revenue, so their cash flow burning rate is much faster than indofood Agri.

This is main reason I selected indofood Agri rather than golden Agri due to cash flow and cash in banks which I think indofood may not give me problem in mid term.

But cpo price rise up, it may be different ball game. But I will be worry if I hold golden Agri.

Trexxx      ( Date: 17-Aug-2016 09:43) Posted: ya... im still holding tho.. believe will test 40c again.. actually predicted it will fall back but dont want think so much just hold lol

 

ya... im still holding tho.. believe will test 40c again.. actually predicted it will fall back but dont want think so much just hold lol

 

 

Steam gone. Golden Agri drop a lot.

Another waiting. Critical resistance 49.5 to 50 and 55-56

Critical support 45-47.

It can be a very good profit for range bounce between support and resistance if you are determined and discipline to trade at the critical level.

 

Speculating😁 😁 😁

earlybird14      ( Date: 16-Aug-2016 22:57) Posted: http://www.forbes.com/sites/fredoltarsh/2016/08/15/the-bull-market-is-on-in-soybeans-commodities-exposure-trading-limited-risk-options-strategies/#2a8648e1382a Palm oil supply is always stable since 1 Palm tree start to harvest at 3rd years and last for 20 years contant supply. But soybean are 1 year crop. Past 3 years oversupply bring soybean price to record low and discourage the planting this year and affect the supply foresee in coming year which may drive soybean price to record high again. India and China demand on vege oil is unstoppable. Another round of 2011 cooking oil drinking section is coming. Don't expect indofood or golden Agri back to 2011 level but at least recover to 50% of the price which stand at about 1.2 dollars for indofood and about 70 cents for golden Agri. But subjected to the supply condition on soybean. Dream it, in sgx market, the stock can dream to be higher is not much. Hope tomorrow gap up to above 50 cents for info food Agri.

 

http://www.forbes.com/sites/fredoltarsh/2016/08/15/the-bull-market-is-on-in-soybeans-commodities-exposure-trading-limited-risk-options-strategies/#2a8648e1382a

Palm oil supply is always stable since 1 Palm tree start to harvest at 3rd years and last for 20 years contant supply.

But soybean are 1 year crop. Past 3 years oversupply bring soybean price to record low and discourage the planting this year and affect the supply foresee in coming year which may drive soybean price to record high again.

India and China demand on vege oil is unstoppable. Another round of 2011 cooking oil drinking section is coming. Don't expect indofood or golden Agri back to 2011 level but at least recover to 50% of the price which stand at about 1.2 dollars for indofood and about 70 cents for golden Agri.

But subjected to the supply condition on soybean. Dream it, in sgx market, the stock can dream to be higher is not much.

Hope tomorrow gap up to above 50 cents for info food Agri.

 

http://www.brecorder.com/agriculture-a-allied/183/75557/

Foresee a vege oil drinking market surface again since 2010-2011.

India and China are drinking vege oil rather than cooking it.

 

GA has more shares lah. 12bil

Indofood only 1.4bil

Ga market cap 4.75bil vs revenue about 9 bil

Indofood market cap 680mio vs revenue about 1.32bil

But I like indofood free cash flow.

Ga owned by Indonesia richest man( don't know still or not)

Indofood owned by Salim group.

Anyway lah, hope both up more.

Trexxx      ( Date: 16-Aug-2016 18:35) Posted: hey. thanks on the insight. But I feel GA have a much better play here (volume and volatility). Holding GA will allow me to buy at a cheaper price and have more shares. hope CPO can huat more! earlybird14      ( Date: 16-Aug-2016 15:47) Posted: Week chart resistance 49.5 which is now. Month chart resistance 56.5. So long as these 2 level can break, can hold for long term comfortably. Anyway. I have hold about 45-47 for about 2-3 months. Even cannot break, I will just hold it continually. Good luck. This is long term holding due to low liquidity. The strong upswing power will only happen when the 2 resistance is broken

 

hey. thanks on the insight. But I feel GA have a much better play here (volume and volatility). Holding GA will allow me to buy at a cheaper price and have more shares. hope CPO can huat more!

earlybird14      ( Date: 16-Aug-2016 15:47) Posted: Week chart resistance 49.5 which is now. Month chart resistance 56.5. So long as these 2 level can break, can hold for long term comfortably. Anyway. I have hold about 45-47 for about 2-3 months. Even cannot break, I will just hold it continually. Good luck. This is long term holding due to low liquidity. The strong upswing power will only happen when the 2 resistance is broken. Trexxx      ( Date: 16-Aug-2016 15:32) Posted: whats your view on longterm TA? i missed this, only have golden agri..

 

Week chart resistance 49.5 which is now. Month chart resistance 56.5.

So long as these 2 level can break, can hold for long term comfortably.

Anyway. I have hold about 45-47 for about 2-3 months. Even cannot break, I will just hold it continually.

Good luck. This is long term holding due to low liquidity. The strong upswing power will only happen when the 2 resistance is broken.

Trexxx      ( Date: 16-Aug-2016 15:32) Posted: whats your view on longterm TA? i missed this, only have golden agri.. earlybird14      ( Date: 16-Aug-2016 14:52) Posted: Price and volume build up. Very obvious, we will know where price will be heading to.

 

whats your view on longterm TA? i missed this, only have golden agri..

earlybird14      ( Date: 16-Aug-2016 14:52) Posted: Price and volume build up. Very obvious, we will know where price will be heading to.

 

Price and volume build up. Very obvious, we will know where price will be heading to.

 

Because Salim group keep this counter as very low liquidity. If Bbs cannot accumulate, no chance for them to earn and push, so eventually it will still pulling up by retailers.

Low liquidity, down fast, up also very fast.

francisd      ( Date: 16-Aug-2016 09:31) Posted: All plantation/resource counters moving up.... indofood is lagging behind.

 

All plantation/resource counters moving up.... indofood is lagging behind.

 

Cpo price continue up.

Beaten underdog from 3 dollar to 41 cents are going to reverse the downtrend to long term uptrend.

Did you load enough? Wait for the long term uptrend and reward handsome for next 1-2 years.

earlybird14      ( Date: 12-Aug-2016 14:10) Posted: http://www.mpoc.org.my/Daily_Palm_Oil_Prices.aspx http://m.investing.com/commodities/crude-palm-oil Cpo price is also marching up. Price chart show consolidation with low volume at above 45 which is 4 cents below record low or support price at 41. Price sideline for long and week chart show sideline at resistance at 50 and month chart show at 57. So long as price continue to support well at 41 to 45, just the matter of time a break through will happen and move into a long term rally.

 

result already out in the morning

earlybird14      ( Date: 12-Aug-2016 14:28) Posted: Hopefully a good result without loss report later to support the reversal. Otherwise will be like noble. Pump dump. Anyway, load at low nothing to worry, wait for money to come. Come come.