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ShareWithMe
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09-Dec-2010 17:20     
 
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DJ MARKET TALK: Olam Off 0.6%; Nigeria Refinery Seems Priced-In     
12/9/2010 3:22:00 PM 


0722 GMT [Dow Jones] Olam (O32.SG) is off 0.6% at S$3.18 in modest volume, pausing for a breather after recent gains, which were driven by the commodity trader's move to set up a US$200 million sugar refinery in Nigeria with diversified African business group Lababidi. The venture is deemed positive in the long term as margins are expected to be sharply higher than what Olam now commands. But as the refinery won't start operations until mid-2013, the stock is not likely to run up further on this news after the recent rise. Still, houses like OCBC, which has a Buy call and a S$3.53 target, remain bullish on Olam's overall outlook. OCBC is projecting a 17% earnings CAGR over the next 2 years; "profits may surpass expectations should the group embark on more M&A activity with near-term earnings accretion." The 10-day moving average, last at S$3.13, is tipped as the immediate support. (frankie.ho@dowjones.com)
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eastcivic
Elite
09-Dec-2010 17:19     
 
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 Alert Admin 		yah lor... i still have gsp leh

firewood      ( Date: 09-Dec-2010 17:18) Posted:

Mai la, let me clear first la.

cannotfind      ( Date: 09-Dec-2010 17:15) Posted:

I wanna buy back la... let it goes down first then cheon
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firewood
Master
09-Dec-2010 17:19     
 
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 Alert Admin 		Wait kenna play out by DJ and europe again.

epliew      ( Date: 09-Dec-2010 17:17) Posted:



europe all up, us dj future is up.

seems like a good friday tomorrow.

 
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firewood
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09-Dec-2010 17:18     
 
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 Alert Admin 		Mai la, let me clear first la.

cannotfind      ( Date: 09-Dec-2010 17:15) Posted:

I wanna buy back la... let it goes down first then cheong

firewood      ( Date: 09-Dec-2010 17:12) Posted:

Choy, i still got positions to clear.
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belgeran
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09-Dec-2010 17:18     
 
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 Alert Admin 		sigh.. if only i have CFD.. i could join u~ :/

iPunter      ( Date: 09-Dec-2010 16:38) Posted:

If I got in. I intend to let to run the big move... Smiley

belgeran      ( Date: 09-Dec-2010 16:02) Posted:

i see... was wondering why not higher.. but i think i see why...

i would suppose your TP would be somewhere 8.54? :x

if u care to share, if not no worries ;)
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epliew
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09-Dec-2010 17:17     
 
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europe all up, us dj future is up.

seems like a good friday tomorrow.

 
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cannotfind
Elite
09-Dec-2010 17:15     
 
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 Alert Admin 		I wanna buy back la... let it goes down first then cheong

firewood      ( Date: 09-Dec-2010 17:12) Posted:

Choy, i still got positions to clear.


cannotfind      ( Date: 09-Dec-2010 17:11) Posted:

thanks mate... tomorrow hope it goes down!!!
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firewood
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09-Dec-2010 17:12     
 
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 Alert Admin 		Choy, i still got positions to clear.


cannotfind      ( Date: 09-Dec-2010 17:11) Posted:

thanks mate... tomorrow hope it goes down!!!!

eastcivic      ( Date: 09-Dec-2010 17:09) Posted:

congrats to those who sold and earn :D
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cannotfind
Elite
09-Dec-2010 17:11     
 
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 Alert Admin 		thanks mate... tomorrow hope it goes down!!!!

eastcivic      ( Date: 09-Dec-2010 17:09) Posted:

congrats to those who sold and earn :D
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rabbitfoot
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09-Dec-2010 17:11     
 
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Bought 7 lots of Kepple Corp at 10.96.

 Need to go outside for some air !
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eastcivic
Elite
09-Dec-2010 17:09     
 
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 Alert Admin 		congrats to those who sold and earn :D
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cannotfind
Elite
09-Dec-2010 17:07     
 
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 Alert Admin 		GEN selldown lei... I still got 1lot... I will put it between my teeth
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epliew
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09-Dec-2010 17:07     
 
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2.180 1 100 0 100 0
2.190 502 9,947 6,486 634 2,827
2.191 2 22 0 22 0
2.192 2 15 0 15 0
2.197 2 1,560 0 1,560 0
2.198 1 63 0 63 0
2.200 996 58,971 25,776 0 33,195
2.206 1 18 0 18 0
2.210 485 32,716 10,802 700 21,214
2.212 1 5 0 5 0
2.216 2 22 0 22 0
2.217 1 3 0 3 0
2.220 39 693 0 0 693
TOTAL 2,035 104,135   43,064   3,142    57,929


genting sp summary....

 
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firewood
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09-Dec-2010 17:07     
 
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 Alert Admin 		Alamak, GSP selldown 2m :(
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cannotfind
Elite
09-Dec-2010 17:01     
 
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 Alert Admin 		yeh... I earn again from CapitalMallAsia!!!!
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firewood
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09-Dec-2010 17:01     
 
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Wah v near liao. Well done!!!

Sold cosco today :)



watermelon      ( Date: 09-Dec-2010 16:58) Posted:

Gensp go go go , 2moro still chiong , i still have holding at 2.24 Akan Datang !!!!
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watermelon
Veteran
09-Dec-2010 16:58     
 
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Yells: "A bird in the hand is worth two in the bush."
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 Alert Admin 		Gensp go go go , 2moro still chiong , i still have holding at 2.24 Akan Datang !!!!
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ShareWithMe
Veteran
09-Dec-2010 16:53     
 
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 Alert Admin 		GAR BREAK OUT !! 0.795  !!   My heart ache .. shouldn;t have sold yest ...
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cannotfind
Elite
09-Dec-2010 16:50     
 
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 Alert Admin 		shit man.... 2.21 :(
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firewood
Master
09-Dec-2010 16:43     
 
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 Alert Admin 		Haven sell. Hope to hit 225 tmr haha


watermelon      ( Date: 09-Dec-2010 16:38) Posted:

firewood, u sold ur gensp at 2.21 is it , same as cannotfind ??

firewood      ( Date: 09-Dec-2010 16:36) Posted:

Sorry peeps, went out for lunch. Cannotfind, i didnt get GAR. Bought ghk instead.


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