
PhillipCapital:
Golden Agri-Resources Ltd
Recommendation: Buy
Previous close: S$0.705
Fair value: S$0.795
• Expect to benefit from change in CPO tax structure.
• Production growth may slow but should be supported by favorable age profile.
• Maintain Buy recommendation with a revised fair value of $0.795.
Stoney better than red. :)
Still in stoney mode.  

SGG_SGG ( Date: 05-Dec-2011 16:27) Posted:
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sleeping beauty stir and gone back to sleep. lol.
Finally start to stir from sleep. really sleeping beauty.
stretching at   0.71 now. Time to cheong.......... 


On Friday, Golden Agri re-tests the minor resistance at $0.715 and closed at $0.71 with LOW volume of 87.8 million shares traded.
A black candle sticks with long upper/lower shadow indicates that investors are hesitant on the direction of the prices ahead.
Both RSI & MACD are bullish though RSI in overbought region.
Important Resistance of Golden Agri: $0.715
Immediate Support of Golden Agri: $0.695
Currently prices are well above 20/50/100/200 days MA.
On 28 /Oct..................... READ MORE
 
head above water (0.70) still... floating awhile (consolidate) now ... lets see it reaching 0.80.
KiLrOy ( Date: 28-Nov-2011 19:19) Posted:
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Still holding tight on the 7 head. 

Who's know what will happen next few days. I'm still holding to 0.79 but sold some to minimise my loss. Hopefully really can see the " 8" head soon.
master rolandchiau, are u certain 0.85 by yr end, if so, i'll continue to hold on to my 50lots @ 0.765 till thn!! thks..
Good Luck ! I'm looking at 0.85 by Year End.
bishan22 ( Date: 01-Dec-2011 09:41) Posted:
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Masuk at 0.71. Hope to see 0.75 by year end. (30 days) Good luck. 

Today failed to hold at 0.70.  

bishan22 ( Date: 28-Nov-2011 10:14) Posted:
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Almost one month wait ... hope to get 0.75 - 0.81. :)
KiLrOy ( Date: 29-Oct-2011 12:13) Posted:
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I'm also watching GoldenAgr closely.
My main concern is still the big resistance ahead.
It'll be good if it can breakout.
bishan22 ( Date: 28-Nov-2011 10:14) Posted:
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Trying very hard to bash the 7 head.  

bishan22 ( Date: 14-Nov-2011 10:45) Posted:
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Our pivot point is at 0.626.
Our preference: as long as 0.626 is support look for 0.745.
Alternative scenario: the downside breakout of 0.626 would call for 0.588 and 0.565.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day MA (standing respectively at 0.66 and 0.64).
Supports and resistances:
0.767 *
0.745 **
0.721
0.67 last
0.64
0.626 **
0.588 *

On Thursday, Golden Agri broke the resistance at $0.665 and closed at $0.67 with HIGH volume of 0.113 billion shares traded.
A white candle sticks with little upper/lower shadow indicates that investors are hesitant on the direction of the prices ahead.
Both RSI & MACD are flat as RSI trend sideway.
Important Resistance of Golden Agri: $0.68
Immediate Support of Golden Agri: $0.665
Currently prices are resisted by 200 days MA.
Since 27 /Oct, prices have been ............... READ MORE