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almeizer
post Dec 20 2010, 02:10 PM

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Ya all counters red red today.
cwhong
post Dec 20 2010, 03:32 PM

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bursa bleeding atm how's SG ? ........ doing well everyone?
oblimey
post Dec 20 2010, 04:27 PM

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QUOTE(almeizer @ Dec 20 2010, 02:10 PM)
Ya all counters red red today.
*

selling shares to buy christmas and new year presents ... cool2.gif

wlcling
post Dec 20 2010, 05:04 PM

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i think its only a temporary setback due to n & s korea... hope business picks up by wednesday for more rotational play smile.gif
wlcling
post Dec 20 2010, 05:45 PM

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now i see why the selldown on GMG... but some reassuring words after trading hours today smile.gif

The Board of Directors (“Board”) of GMG Global Ltd (“GMG” or the “Group”) refers to
reports on the recent Ivory Coast situation and would like to inform shareholders and
the investing public that although our production facilities have not been affected, there
have been delays in the shipment of our products out of Ivory Coast.
The Directors do not expect the delays in shipment to have a material impact on the
Group’s financials for the year ending 31 December 2010.
The Directors are monitoring the situation and will provide further updates to
shareholders and investing public, where appropriate.
oblimey
post Dec 21 2010, 12:28 AM

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QUOTE(wlcling @ Dec 20 2010, 05:45 PM)
now i see why the selldown on GMG... but some reassuring words after trading hours today  smile.gif ...
gmg's share price is as bouncy as its rubber. shocking.gif

wlcling
post Dec 21 2010, 10:23 AM

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DJ MARKET TALK: GMG Global May Fall; Ivory Coast Export Delays

0050 GMT [Dow Jones] GMG Global (5IM.SG) may come under pressure after its board says there have been delays in shipments of its products out of the Ivory Coast (where it accounts for 12% of annual rubber exports), amid post-election violence in the West African nation as President Gbagbo refuses to cede power to Alassane Ouattara, who is widely recognised as having won the recent election. GMG's directors say production facilities have not been affected and they do not expect the delays to have a material impact on financials for the year ending 31 December 2010, but uncertainty over any potential hit to future earnings, or imposition of economic sanctions on the country, may weigh on the stock. But downside could be limited as the stock has fallen 10% in the last 5 sessions since hitting its S$0.335 December high, so perhaps investors are already pricing in some uncertainty. near-term support is tipped at the S$0.29 November low. (matthew.allen@dowjones.com)
ronn77
post Dec 21 2010, 10:49 AM

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guys, I have not received any forms to purchase rights for Firstreit and Transcu. Any ways I can informed them to resend it to me or should I go directly to their office?
cwhong
post Dec 21 2010, 11:12 AM

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QUOTE(ronn77 @ Dec 21 2010, 10:49 AM)
guys, I have not received any forms to purchase rights for Firstreit and Transcu. Any ways I can informed them to resend it to me or should I go directly to their office?
*
I think u shld ask ur broker lahhhh last time I ask them before rights issued but now I think it was too late lahh. Maybe u can comfirm it with ur broker first. I not meant to scared u but telling u my story only.
cwhong
post Dec 21 2010, 11:16 AM

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QUOTE(wlcling @ Dec 21 2010, 10:23 AM)
DJ MARKET TALK: GMG Global May Fall; Ivory Coast Export Delays

0050 GMT [Dow Jones] GMG Global (5IM.SG) may come under pressure after its board says there have been delays in shipments of its products out of the Ivory Coast (where it accounts for 12% of annual rubber exports), amid post-election violence in the West African nation as President Gbagbo refuses to cede power to Alassane Ouattara, who is widely recognised as having won the recent election. GMG's directors say production facilities have not been affected and they do not expect the delays to have a material impact on financials for the year ending 31 December 2010, but uncertainty over any potential hit to future earnings, or imposition of economic sanctions on the country, may weigh on the stock. But downside could be limited as the stock has fallen 10% in the last 5 sessions since hitting its S$0.335 December high, so perhaps investors are already pricing in some uncertainty. near-term support is tipped at the S$0.29 November low. (matthew.allen@dowjones.com)
*
Maybe it's others opportunity to buy more?
almeizer
post Dec 21 2010, 11:30 AM

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QUOTE(ronn77 @ Dec 21 2010, 10:49 AM)
guys, I have not received any forms to purchase rights for Firstreit and Transcu. Any ways I can informed them to resend it to me or should I go directly to their office?
*
ron, so u bought transcu? It's in my watch list biggrin.gif
ronn77
post Dec 21 2010, 02:56 PM

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QUOTE(almeizer @ Dec 21 2010, 11:30 AM)
ron, so u bought transcu? It's in my watch list biggrin.gif
*
its been more than a year I kept this and fyi im losing money on it mad.gif
almeizer
post Dec 21 2010, 03:56 PM

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QUOTE(ronn77 @ Dec 21 2010, 02:56 PM)
its been more than a year I kept this and fyi im losing money on it  mad.gif
*
Awww, u bought at what price? I thought enter at 0.07 if able to get.
ronn77
post Dec 21 2010, 04:08 PM

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QUOTE(almeizer @ Dec 21 2010, 03:56 PM)
Awww, u bought at what price? I thought enter at 0.07 if able to get.
*
At this price it could be worth to take a look. the price I bought is much higher which it will take years to reach my buying price.
wlcling
post Dec 21 2010, 06:17 PM

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QUOTE(ronn77 @ Dec 21 2010, 02:56 PM)
its been more than a year I kept this and fyi im losing money on it  mad.gif
*
looking forward for some rotational play for tomorrow... maybe can see transcu moving tooo laugh.gif
wlcling
post Dec 22 2010, 09:44 AM

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QUOTE(wlcling @ Dec 17 2010, 05:16 PM)
bought back 15 at 0.300
total now 45 at 0.300
*
close contra.. sold back 15 at 0.300 yawn.gif

commodity giant wilmar taking a hit too... think can't expect much from gmg for this month sad.gif
wlcling
post Dec 22 2010, 10:54 AM

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QUOTE(wlcling @ Dec 21 2010, 06:17 PM)
looking forward for some rotational play for tomorrow... maybe can see transcu moving tooo  laugh.gif
*
Trancu moved! congrats! biggrin.gif
cwhong
post Dec 22 2010, 10:58 AM

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anyone know what happen to wilmar?
wlcling
post Dec 22 2010, 11:03 AM

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QUOTE(cwhong @ Dec 22 2010, 10:58 AM)
anyone know what happen to wilmar?
*
some analyst said:-

Wilmar’s latest move merits a long term
downgrade.
Wilmar has entered into a JV agreement with Kerry
Properties and Shangri La Asia (controlled by
tycoon Robert Kuok, uncle of Wilmar’s founder
Kuok Khoon Hong) to go into real estate
development, operation, sale, leasing, property
management; and hotel development, operation and
management, in the Liaoning province.
The 3 parties have successfully bid for 3 sites in
Bayuquan in Yingkou city in Liaoning, for Rmb 240
mln / US$36 mln / S$47 mln. Total investment is
estimated at Rmb 2569 mln / US$386 mln /
S$507 mln, of which Wilmar’s share will be Rmb
889.15 mln / US$134 mln / S$176 mln.
Wilmar’s stake is 35%, Kerry 40% and Shang 25%.
As it is, trading in commodities is fraught with risks,
now KKH has to “worry” about properties,
however “exciting” prospects may be in the second-
&-third-tier cities in China!
The move reminds of Want Want’s major mistake
to diversify into properties / hospitals many years
back, for which the snack maker was punished by
investors.
We do not expect the $5.90 support to hold, ie
the next support will be around $5.50 reached in
May ’10.
cwhong
post Dec 22 2010, 11:09 AM

Growth company seeker ..... :)
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From: The place that i call home :p

QUOTE(wlcling @ Dec 22 2010, 11:03 AM)
some analyst said:-

Wilmar’s latest move merits a long term
downgrade.
Wilmar has entered into a JV agreement with Kerry
Properties and Shangri La Asia (controlled by
tycoon Robert Kuok, uncle of Wilmar’s founder
Kuok Khoon Hong) to go into real estate
development, operation, sale, leasing, property
management; and hotel development, operation and
management, in the Liaoning province.
The 3 parties have successfully bid for 3 sites in
Bayuquan in Yingkou city in Liaoning, for Rmb 240
mln / US$36 mln / S$47 mln. Total investment is
estimated at Rmb 2569 mln / US$386 mln /
S$507 mln, of which Wilmar’s share will be Rmb
889.15 mln / US$134 mln / S$176 mln.
Wilmar’s stake is 35%, Kerry 40% and Shang 25%.
As it is, trading in commodities is fraught with risks,
now KKH has to “worry” about properties,
however “exciting” prospects may be in the second-
&-third-tier cities in China!
The move reminds of Want Want’s major mistake
to diversify into properties / hospitals many years
back, for which the snack maker was punished by
investors.
We do not expect the $5.90 support to hold, ie
the next support will be around $5.50 reached in
May ’10.
*
many thanks notworthy.gif so the market sentiment is worry once it entered into properties which was not it's core biz !!!

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