That's good news... never seen such a huge transaction before.. in the tune of some $46M. BBs usually play $10M max per transaction. I suppose it's a good time to start collecting again...
I reckon it may be an institutional client who places
an order to grab a certain chunk from .76 and below.
Anyway, as can be seen, this counter is in huge play...
shoemaker ( Date: 20-Jan-2011 09:56) Posted:
Just curious to know... how do you determine if this a bought from seller or sell to buyer transaction? If biding price is at 74c and asking price is 74.5c, why would a transaction only go through at 76c?
Interesting to note is that the subsequent bid and ask prices remain at 74.5c and 75c. What gives?
WeiQiQi ( Date: 20-Jan-2011 09:43) Posted:
WOW! married deal of 61 million shares at 76c when it is trading at 74 - 74.5c. Something brewing?
Just curious to know... how do you determine if this a bought from seller or sell to buyer transaction? If biding price is at 74c and asking price is 74.5c, why would a transaction only go through at 76c?
Interesting to note is that the subsequent bid and ask prices remain at 74.5c and 75c. What gives?
WeiQiQi ( Date: 20-Jan-2011 09:43) Posted:
WOW! married deal of 61 million shares at 76c when it is trading at 74 - 74.5c. Something brewing?
It depends if you are a trader or investor. As a trader, you'll probably have a exit strategy, if your don't, you're obviously an investor and good luck...
tea444u ( Date: 15-Jan-2011 19:51) Posted:
should i hold or cut? bot at 795...really sian ...
It depends if you are a trader or investor. As a trader, you'll probably have a exit strategy, if your don't, you're obviously an investor and good luck...
tea444u ( Date: 15-Jan-2011 19:51) Posted:
should i hold or cut? bot at 795...really sian ...
Contra expiring and people pull out one of the reason. The drop from the last week influx.
Contra players find it too much a risk so pulling out.especially a 7.09 is stated....
News on the counter can be also and affecting issue like...DOW JONES LATEST NEWS on her TARGET PRICE by GS...GS did this on Wilmar and the next day from a major drop 5.600 it headed up all the way to 5.720!!!!
Rising Wedge and all waiting to cash out before she drops and ride on it again :)
Look at the bright side,
SA....Observe how many rushing in to buy?
FA....Good look at economics on this counter hitting the 0.830 mark again...
TA....A wedge is forming for the breakdown, GoldenAgri latest
Acquisation hmmm would that wedge be there anymore with a new hike?
FA.....Strategically she is doing some good moves for a major
hike,CASH RICH LADY....Golden Agri will be the next wilmar?
The sure amount of people stepping to form a beautiful physcology on
the candle stick on friday says next week going to be damn happening week... And please do not be fooled by the colour red look at the tails and look at how much the bull is rushing in...
The Board of Directors of GAR wishes to announce the following:
(1) PT Dami Mas Sejahtera GAR has acquired the remaining 50% shares in its associated company, PT Dami Mas Sejahtera (“Dami Mas”) at a purchase consideration of approximately USD15.2 million. The consideration was determined on a willing buyer willing seller basis, paid in cash and financed by internal resources. The net asset value of Dami Mas was approximately USD15.6 million as at 30 September 2010.
(2) Huafeng Foodstuff (Fuxin) Co., Ltd GAR has incorporated Huafeng Foodstuff (Fuxin) Co., Ltd (“Huafeng Fuxin”), a company established in the People’s Republic of China with a registered share capital of RMB50 million (equivalent to approximately USD7.6 million). The principal activities of Huafeng Fuxin are manufacturing and sale of instant noodles, snack products and beverage.
(3) Fiducia Finance S.A. GAR has acquired 310 shares of EUR100 each fully paid representing 100% of the shares in Fiducia Finance S.A (“FFSA”), a company incorporated in Luxembourg, with principal activity of investment holding. The consideration of EUR31,000 was paid in cash and financed by internal resources. The net asset value of FFSA was EUR31,000 (equivalent to approximately USD41,000). Following the above transactions, Dami Mas, Huafeng Fuxin and FFSA are wholly-owned subsidiaries of GAR. Notes: (a) The amounts in USD equivalents using exchange rate as at 13 January 2011 of - RMB 1 = USD0.151 EUR 1 = USD1.313 (b) The references to GAR refer to Golden Agri-Resources Ltd and/or its subsidiaries. BY ORDER OF THE BOARD Simon Lim Director 14 January 2011
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4381-4400 of 6778
And please do not be fooled by the colour red look at the tails and look at how much the bull is rushing in...