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AT01167
    15-May-2008 09:16  
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yup. ppl buying up now

 
09:15:36 1.230 10,000 Buy Up
09:15:26 1.230 10,000 Buy Up
09:15:03 1.230 4,000 Buy Up
09:15:00 1.230 20,000 Buy Up
09:14:54 1.230 36,000 Buy Up
09:14:27 1.230 3,000 Buy Up
09:13:52 1.230 50,000 Buy Up
09:13:51 1.230 3,000 Buy Up
09:13:48 1.230 7,000 Buy Up
09:13:23 1.230 10,000 Buy Up
09:13:23 1.230 6,000 Sell Down
09:13:21 1.230 4,000 Buy Up
09:13:21 1.230 20,000 Buy Up
09:13:13 1.230 10,000 Buy Up
09:13:07 1.230 20,000 Buy Up
09:13:03 1.230 10,000 Buy Up
09:12:56 1.230 100,000 Buy Up
09:11:58 1.230 10,000 Buy Up
09:11:27 1.230 8,000 Buy Up
09:11:17 1.230 100,000 Buy Up
09:09:34 1.230 5,000 Buy Up
09:09:28 1.230 2,000 Buy Up
09:09:10 1.230 5,000 Buy Up
09:08:47 1.230 5,000 Buy Up
 
 
investor38
    15-May-2008 09:06  
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Agreed.  bought some at 1.24

AT01167      ( Date: 15-May-2008 09:05) Posted:

good buy now

 
 
AT01167
    15-May-2008 09:05  
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good buy now
 

 
flatfoot
    15-May-2008 09:03  
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BUY S$1.23 FSSTI : 3,198.51

Price Target : 12-month S$ 1.75 (Prev S$ 1.80)

Reason for Report : 1Q FY08 Results

Potential Catalyst: Strong 2Q FY08 Results

 

DBS reseach targets 1.80.
Pretty reasonable

 
 
investor38
    15-May-2008 08:49  
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Expect this fellow to cheong!!!   Solid result will mitigate the sell-down fiasco in March.  Citi has a price target of $2.20 based on their relatively conservative estimate:  FY08E: Sales of Rp3,085bn (+83%); Net profit of Rp1,287bn (+198%).  Just my opinion. Caveat emptor.
 
 
AT01167
    15-May-2008 08:38  
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Good news

See how this baby cheong
 

 
flatfoot
    15-May-2008 08:28  
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AT01167
    14-May-2008 09:43  
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is climbing now touched 1.26 just now Good luck
 
 
flatfoot
    13-May-2008 20:01  
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Time Last Vol Buy/Sell
17:05:00 1.240 1,154 X
16:59:55 1.230 150 S
16:59:39 1.230 30 S
16:59:38 1.220 5 B
16:59:32 1.230 2 S
16:59:30 1.220 15 B
16:58:43 1.220 20 B
16:57:40 1.220 1 B
16:57:28 1.220 31 B
16:56:50 1.220 1 B
16:56:33 1.220 110 S
16:56:06 1.220 1 S
16:56:00 1.220 50 S
16:55:06 1.220 10 S
16:55:00 1.220 2 S
16:54:06 1.220 8 S
16:53:58 1.220 10 S
16:53:53 1.220 50 S
16:53:37 1.220 1 S
16:53:33 1.220 15 B


 

 

Last Trades Vol BuyVol Mid SellVol
1.180 21 703 695 0 8
1.190 36 955 596 0 359
1.200 62 2,534 1,537 0 997
1.210 124 4,331 2,327 205 1,799
1.220 92 3,584 1,390 0 2,194
1.230 74 3,112 2,304 0 808
1.240 130 4,710 1,703 1,154 1,853
1.250 24 1,926 245 505 1,176
TOTAL 563 21,855 10,797 1,864 9,194


 

 

Based on the above closing and spread.... Looks like will open high tmr and clear 1.30 within reasonable price action.
 
 
AT01167
    13-May-2008 13:55  
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no worries bro

Hope to see more up action in the afternoon

 
 

 
idesa168
    13-May-2008 10:09  
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I am wrong....those who held on congratulation....I am out with some losses...Cheers!
 
 
AT01167
    13-May-2008 10:01  
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well so far so ok

Max at 1.25

good luck
 
 
elfinchilde
    12-May-2008 19:42  
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careful FR. overbought already. wld give short term (within the week) max estimate 1.31 or so. likely within the next few trading sessions.
 
 
ace6868
    12-May-2008 18:14  
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Hope citigroup analyst's estimate chun. Will hold my 1.13 & 1.15 until after results on wed.

zhuge_liang      ( Date: 12-May-2008 12:47) Posted:



First Resources rose as much as 7.1% after Citigroup said in a broker note it expects the firm to post a strong first-quarter net profit.

Citigroup analyst David Fergusson estimated the firm, which will announce its quarterly results on Wed, will see sales grow by 83% and net profit rising almost three-fold. He gave First Resources a "buy" investment rating with a price target of $2.20.

"Of late, the shares rebounded following the recent round of precipitate rises in soft-commodities. We still see room for further upside -- set against a backdrop of higher prices and volume," Fergusson said in a client note.

The benchmark Malaysian July CPOcontract gained 3.3% by 0355 GMT but traders said gains were capped by concerns that palm oil demand may weaken.

 
 
investor38
    12-May-2008 17:09  
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Uptrend intact.  good chance of covering gap betw 1.19 and 1.39
 

 
ace6868
    12-May-2008 17:07  
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You were right Idesa168... Bo lat to go beyond 1.22. Just before closing, sold my 1.01 holdings @ 1.21 to lock-in some profits. Still holding my 1.13 & 1.15 holdings for the next run up. Cheers.

idesa168      ( Date: 12-May-2008 14:18) Posted:

Hit 1.21 then 1.22 but not getting over 1.22 and the buying up seems exhanusted...it's a sign to sell...my view oni.

 
 
AT01167
    12-May-2008 15:03  
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Well, I still see a good support at 1.19 - 1.20

Let's hope for the best for longer

 
 
 
Nostradamus
    12-May-2008 14:41  
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I rushed out the TA for First Resources here. There's a resistance for it to overcome first.
 
 
idesa168
    12-May-2008 14:18  
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Hit 1.21 then 1.22 but not getting over 1.22 and the buying up seems exhanusted...it's a sign to sell...my view oni.
 
 
zhuge_liang
    12-May-2008 12:47  
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First Resources rose as much as 7.1% after Citigroup said in a broker note it expects the firm to post a strong first-quarter net profit.

Citigroup analyst David Fergusson estimated the firm, which will announce its quarterly results on Wed, will see sales grow by 83% and net profit rising almost three-fold. He gave First Resources a "buy" investment rating with a price target of $2.20.

"Of late, the shares rebounded following the recent round of precipitate rises in soft-commodities. We still see room for further upside -- set against a backdrop of higher prices and volume," Fergusson said in a client note.

The benchmark Malaysian July CPOcontract gained 3.3% by 0355 GMT but traders said gains were capped by concerns that palm oil demand may weaken.
 
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