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I hope you are right, dude
icetomato ( Date: 10-Nov-2010 13:21) Posted:
What a great question! Let me tell you! Of course it's IndoAgri! Don't you know that they need a lot of oil to fry the jeans and underwear during manufacturing process so that it will feel smoother on the skin?
epliew ( Date: 10-Nov-2010 13:11) Posted:
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indo or olam ?
olam right ? |
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I am a she :(
Might ave down. Waiting for 4pm to make decision.
cannotfind ( Date: 10-Nov-2010 13:19) Posted:
I am with firewood la... he is also waiting
Gaecia ( Date: 10-Nov-2010 13:15) Posted:
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You v lucky 24k (piggie), dunno why i luv to tease u Lol! If you'd seen 2.22 in action, bet u won't hav emperor's appetite for lunch and dinner liao.
Okay i'll be out this aftern, cannot keep staring at the screen. Anyway set my heart on keeping gensp position wait for a better tmr. that shld be the direction to invest in this new gaming sector, no more selling at bottom when the blade comes.
Jus curious, has anyone shorted gsp this morning? must be fast in fast out, like high freq trading..so cool. |
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What a great question! Let me tell you! Of course it's IndoAgri! Don't you know that they need a lot of oil to fry the jeans and underwear during manufacturing process so that it will feel smoother on the skin?
epliew ( Date: 10-Nov-2010 13:11) Posted:
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indo or olam ?
olam right ?
BullishTempo ( Date: 10-Nov-2010 13:10) Posted:
RED, WHITE AND BLUE CHIPS Nov. 3, 2010, 11:40 a.m. EDT Prices are rising for jeans and underwearCotton crops have been damaged, sending prices up 80%. And that means clothing makers are being forced to raise prices. Ann Cates reports on how manufacturers are handling the cotton shortage -- and how there may be more polyester in our future. |
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look carefully.....
buyers are back
cannotfind ( Date: 10-Nov-2010 13:19) Posted:
I am with firewood la... he is also waiting
Gaecia ( Date: 10-Nov-2010 13:15) Posted:
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You v lucky 24k (piggie), dunno why i luv to tease u Lol! If you'd seen 2.22 in action, bet u won't hav emperor's appetite for lunch and dinner liao.
Okay i'll be out this aftern, cannot keep staring at the screen. Anyway set my heart on keeping gensp position wait for a better tmr. that shld be the direction to invest in this new gaming sector, no more selling at bottom when the blade comes.
Jus curious, has anyone shorted gsp this morning? must be fast in fast out, like high freq trading..so cool. |
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I am with firewood la... he is also waiting
Gaecia ( Date: 10-Nov-2010 13:15) Posted:
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You v lucky 24k (piggie), dunno why i luv to tease u Lol! If you'd seen 2.22 in action, bet u won't hav emperor's appetite for lunch and dinner liao.
Okay i'll be out this aftern, cannot keep staring at the screen. Anyway set my heart on keeping gensp position wait for a better tmr. that shld be the direction to invest in this new gaming sector, no more selling at bottom when the blade comes.
Jus curious, has anyone shorted gsp this morning? must be fast in fast out, like high freq trading..so cool.
cannotfind ( Date: 10-Nov-2010 13:01) Posted:
| wow I went away for awhile and GEN drops so much.... Too bad I no more bullets liao. |
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BB buying now..... please do not short.... be careful. just a friendly advice !
Gaecia ( Date: 10-Nov-2010 13:15) Posted:
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You v lucky 24k (piggie), dunno why i luv to tease u Lol! If you'd seen 2.22 in action, bet u won't hav emperor's appetite for lunch and dinner liao.
Okay i'll be out this aftern, cannot keep staring at the screen. Anyway set my heart on keeping gensp position wait for a better tmr. that shld be the direction to invest in this new gaming sector, no more selling at bottom when the blade comes.
Jus curious, has anyone shorted gsp this morning? must be fast in fast out, like high freq trading..so cool.
cannotfind ( Date: 10-Nov-2010 13:01) Posted:
| wow I went away for awhile and GEN drops so much.... Too bad I no more bullets liao. |
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You v lucky 24k (piggie), dunno why i luv to tease u Lol! If you'd seen 2.22 in action, bet u won't hav emperor's appetite for lunch and dinner liao.
Okay i'll be out this aftern, cannot keep staring at the screen. Anyway set my heart on keeping gensp position wait for a better tmr. that shld be the direction to invest in this new gaming sector, no more selling at bottom when the blade comes.
Jus curious, has anyone shorted gsp this morning? must be fast in fast out, like high freq trading..so cool.
cannotfind ( Date: 10-Nov-2010 13:01) Posted:
| wow I went away for awhile and GEN drops so much.... Too bad I no more bullets liao. |
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indo or olam ?
olam right ?
BullishTempo ( Date: 10-Nov-2010 13:10) Posted:
RED, WHITE AND BLUE CHIPS Nov. 3, 2010, 11:40 a.m. EDT Prices are rising for jeans and underwearCotton crops have been damaged, sending prices up 80%. And that means clothing makers are being forced to raise prices. Ann Cates reports on how manufacturers are handling the cotton shortage -- and how there may be more polyester in our future. |
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RED, WHITE AND BLUE CHIPS
Nov. 3, 2010, 11:40 a.m. EDT
Prices are rising for jeans and underwear
Cotton crops have been damaged, sending prices up 80%. And that means clothing makers are being forced to raise prices. Ann Cates reports on how manufacturers are handling the cotton shortage -- and how there may be more polyester in our future.
Well done bladez, you damn pro
bladez87 ( Date: 10-Nov-2010 13:00) Posted:
btw, if oilseeds are the raw mat for CPO, then it would mean the company is expanding as they need new seeds to plant new trees. so even if raw mat prices rise, unless the company is planning to expand it should not affect their results.
i mean you plant 1 tree, wait 5 years, then harvest for 10 years. you would not need anymore raw mat once the tree is fully grown. |
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wow I went away for awhile and GEN drops so much.... Too bad I no more bullets liao.
btw, if oilseeds are the raw mat for CPO, then it would mean the company is expanding as they need new seeds to plant new trees. so even if raw mat prices rise, unless the company is planning to expand it should not affect their results.
i mean you plant 1 tree, wait 5 years, then harvest for 10 years. you would not need anymore raw mat once the tree is fully grown.
Gaecia, we are buying Olam not for the CPO business.
Its the cotton business.
Well most of it is bought at 0.665, so still in profit zone.
Anyway, read bladez and my posts below, analysis on Indo Agri and Wilmar.
We are still bullish on Gar.
Gaecia ( Date: 10-Nov-2010 12:53) Posted:
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Okay like that...Gar and Olam also need to dump to run, then why we bought it in the first place? my olam was forced sold at stop so that cannot be helped its the min. profit i wish to take.
Wilmar at $6.x is overweight especially after yesterday's acquisition news it shot up, isn't that right? bladez made a remark it was so good yest. That increase frm acquisition news is priced into today's correction together with backlustre earnings.
Indo-agri is not this sector's market leader and not a heavy weight stock. Also reported poor earnings, it dived more than 6% within the 1st hr after 10am and recovered towards lunch trade break. By day's end it recovered to fall just 1+% despite poor earnings showing. Bullish your memory doesn't fail u.
Back to GoldenAgri, its post earning's trading pattern is anybody's guesswork. What is your hunch? If its dumped to $0.6 odd, i'll pick it up but that's just me. ;)
BullishTempo ( Date: 10-Nov-2010 12:09) Posted:
Given that Indo Agri and Wilmar both reported poor results.
We might have to be careful with Golden Agri.
Long term looks good, but short term may see a sell-off if GAR results are poor. |
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ok i am quite uninformed. seems like oilseeds are actually different type of seeds that are crushed for oil. palm is 1 of them, soya beans, peanut etc are types of oilseeds.
if CPO so strong, i guess i am going to load up 5 lots now, then probably another 5 pre closing.
Okay like that...Gar and Olam also need to dump to run, then why we bought it in the first place? my olam was forced sold at stop so that cannot be helped its the min. profit i wish to take.
Wilmar at $6.x is overweight especially after yesterday's acquisition news it shot up, isn't that right? bladez made a remark it was so good yest. That increase frm acquisition news is priced into today's correction together with backlustre earnings.
Indo-agri is not this sector's market leader and not a heavy weight stock. Also reported poor earnings, it dived more than 6% within the 1st hr after 10am and recovered towards lunch trade break. By day's end it recovered to fall just 1+% despite poor earnings showing. Bullish your memory doesn't fail u.
Back to GoldenAgri, its post earning's trading pattern is anybody's guesswork. What is your hunch? If its dumped to $0.6 odd, i'll pick it up but that's just me. ;)
BullishTempo ( Date: 10-Nov-2010 12:09) Posted:
Given that Indo Agri and Wilmar both reported poor results.
We might have to be careful with Golden Agri.
Long term looks good, but short term may see a sell-off if GAR results are poor. |
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It would seem so, yes.
But have to admit the risk factors still exist.
bladez87 ( Date: 10-Nov-2010 12:48) Posted:
oilseed and grains are the raw mat for CPO right?
so actually by picking out this news, it is actually a good sign to load on or at least hold to what you have for AGR |
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oilseed and grains are the raw mat for CPO right?
so actually by picking out this news, it is actually a good sign to load on or at least hold to what you have for AGR
Yes now you are thinking along the same lines as me.
Quarter-on-quarter, Indo Agri profits went up by 26% because of higher CPO prices.
Wilmar's loss was due mainly to untimely purchase of oilseeds and grain seeds.
Golden Agri's core business is still in CPO.
bladez87 ( Date: 10-Nov-2010 12:41) Posted:
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if i not wrong, margin for indo went up since rev dropped 1.8% while sales drop 3.8%.
this is probably a trade off for higher margins. their net profit increased, due to rising selling prices. as such, this industry is still quite good, if despite lower sales and rev, they still can increase profits even with higher op exp.
wilmar poor results, might be solely dependent on their untimely purchase of raw mat.
BullishTempo ( Date: 10-Nov-2010 12:31) Posted:
| "This was mainly attributable to: (a) lower total sales by 3.8% y-o-y, (b) lower forex gain from Rp250.9 billion in 9M09 to Rp65.4 billion in 9M10 and (c) higher operating expenses. Quarterly net profit increased 26% q-o-q on higher crude palm oil (CPO) and palm kernal average selling prices (ASP). Revenue declined 1.8% y-o-y on lower sales volume.
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