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Global Logistic

Guess coy' s got no fundamentals at all. Excuse to force price down - collection phase has arrived.

victorcy2004 ( Date: 17-Nov-2014 14:34) Posted:

GLP was pushed down due to concern of Japan economy. Technicall, RSI is 29, K% is 9.8 for daily chart. It near the bottom soon. Based on the historical charts, GLP may trade in range for sometime at bottom before a new upwards wave is formed. So it is good time to accumulate now and seeks for several rounds of profit taking.

Bought at 2.50-2.52 today and aim to profit at 2.55-2.58

Qanghoo ( Date: 17-Nov-2014 13:44) Posted:

I thot got short-term rebound?

GLP was pushed down due to concern of Japan economy. Technicall, RSI is 29, K% is 9.8 for daily chart. It near the bottom soon. Based on the historical charts, GLP may trade in range for sometime at bottom before a new upwards wave is formed. So it is good time to accumulate now and seeks for several rounds of profit taking.

Bought at 2.50-2.52 today and aim to profit at 2.55-2.58

Qanghoo ( Date: 17-Nov-2014 13:44) Posted:

I thot got short-term rebound?

kerubin ( Date: 17-Nov-2014 13:42) Posted:

This counter really free falling sigh

I thot got short-term rebound?

kerubin ( Date: 17-Nov-2014 13:42) Posted:

This counter really free falling sigh

GLP rebounce started, near term target 2.65. 7c profit (2.6%) can be made at least.

victorcy2004 ( Date: 12-Nov-2014 12:10) Posted:

Short Term rebounce is expected in next few days before further drop. Support at 2.4-2.5

erhaier ( Date: 12-Nov-2014 12:01) Posted:

patience is key to accumulate this stock... likely to test 2.54 to 2.45 in the near future.

hope so too, its time to accumulate...

Short Term rebounce is expected in next few days before further drop. Support at 2.4-2.5

erhaier ( Date: 12-Nov-2014 12:01) Posted:

patience is key to accumulate this stock... likely to test 2.54 to 2.45 in the near future.

Short it down to 2.50..

victorcy2004 ( Date: 04-Nov-2014 22:02) Posted:

http://www.fool.sg/2014/11/04/global-logistic-properties-ltd-is-busy-busy-busy-and-thats-a-good-thing-for-the-company/

Just wish to add...Brazil, Japan and China are GLP 3 largest market. With the major changes in Xchange especially in Brazil and japan, GLP really did not

do badly. In fact, what would be the results if Xchange turn the other way .

victorcy2004 ( Date: 04-Nov-2014 14:16) Posted:

GLP Q2 Proforma PATMI ex evaluation is USD59m vs USD42m in Q2 14. Operating Profit remain healthy.

I agreed that the share price is certain way of control. However it is also good that profit can be made by monitoring technical data. If one trade well for Oct, i think total profit could be 12%. Anyway I made a total of 8% as I am not able to catch all at highest and lowest limit.

Qanghoo ( Date: 04-Nov-2014 10:27) Posted:

This is actually what I gather from reading various articles. GLP' s share price seem to be heavily controlled. Don' t know if anyone recalls abt a yr ago when the share got sold down from 2.70+ to 2.50+. Some analysts then gave the reason that worries abt the weakness of the RMB was an over-reaction. Then within a few months, it got pumped up to 2.90+ even though the RMB, relative to the US$ had remained relatively unchanged. More recently, when the share price was depressed again, I recall reading that worries that the valuation of some of their properties might be impacted by the weakness of the Brazilian currency might be the issue. So, when the price seemed to jump suddenly, I cynically wrote that the potential currency issues had disappeared all of a sudden.

Pesonally, I think this is a solid stock. But I quitted recently cos I felt that movements in the share price was being controlled too much. And I' m one who does not believe that share price movements are spontaneous - to me, it' s only that the degree of apparent manipulation varies.

Kyoto2008 ( Date: 01-Nov-2014 01:14) Posted:

Bro, were there problems before on currency translation?

This is actually what I gather from reading various articles. GLP' s share price seem to be heavily controlled. Don' t know if anyone recalls abt a yr ago when the share got sold down from 2.70+ to 2.50+. Some analysts then gave the reason that worries abt the weakness of the RMB was an over-reaction. Then within a few months, it got pumped up to 2.90+ even though the RMB, relative to the US$ had remained relatively unchanged. More recently, when the share price was depressed again, I recall reading that worries that the valuation of some of their properties might be impacted by the weakness of the Brazilian currency might be the issue. So, when the price seemed to jump suddenly, I cynically wrote that the potential currency issues had disappeared all of a sudden.

Pesonally, I think this is a solid stock. But I quitted recently cos I felt that movements in the share price was being controlled too much. And I' m one who does not believe that share price movements are spontaneous - to me, it' s only that the degree of apparent manipulation varies.

Kyoto2008 ( Date: 01-Nov-2014 01:14) Posted:

Bro, were there problems before on currency translation?

Qanghoo ( Date: 31-Oct-2014 16:11) Posted:

All of a sudden, the potential currency translation problems disappear into thin air

Result no good. Profits drop so much.. Siao..

Bro, were there problems before on currency translation?

Qanghoo ( Date: 31-Oct-2014 16:11) Posted:

All of a sudden, the potential currency translation problems disappear into thin air

victorcy2004 ( Date: 31-Oct-2014 16:00) Posted:

GLP has fast turning today from 2.65 low to 2.75 high. Loaded yesterday and today at 2.65-2.67. Now start enjoying the rolling up.

Abe scored another win Friday when Japan's $1.1 trillion public pension fund approved a plan to double its holdings of shares and cut back sharply on bonds in its portfolio to help improve its investment returns.

Japan's Nikkei 225 took a super-sized 4.8% leap on news that the country's central bank will boost asset purchases in an effort to jumpstart its lagging economy and try to boost inflation, which is dangerously low.

GLP reacts strongly today, it takes half day to recover the lost for past 4 days. All indicators are turning positive now. Just wait and see. The result may not be too bad. Currency gain/loss should not be big concern as big company always do the currency hedging well. As long as operating profit is good, the possibility of decrease of property valuation affected by weak currency is not big concern to investors.

All of a sudden, the potential currency translation problems disappear into thin air

victorcy2004 ( Date: 31-Oct-2014 16:00) Posted:

GLP has fast turning today from 2.65 low to 2.75 high. Loaded yesterday and today at 2.65-2.67. Now start enjoying the rolling up.

victorcy2004 ( Date: 29-Oct-2014 10:58) Posted:

As mentioned, GLP is having resistance at 2.75. Based on technical chart, the head and should formation is almost done. As long as 2.65 is not broken, GLP should continue to move up, next target 2.9.

GLP has fast turning today from 2.65 low to 2.75 high. Loaded yesterday and today at 2.65-2.67. Now start enjoying the rolling up.

victorcy2004 ( Date: 29-Oct-2014 10:58) Posted:

As mentioned, GLP is having resistance at 2.75. Based on technical chart, the head and should formation is almost done. As long as 2.65 is not broken, GLP should continue to move up, next target 2.9.

victorcy2004 ( Date: 23-Oct-2014 11:56) Posted:

GLP may head to 2.9 in this bull run

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Global Logistic