2 months ago, GMG was selling @ 26cents.. str8 after that meet up with Shawn, the prices shoot up to almost 30cents.. I was not very familiar with ARG Cpys, so didnt have any plans back den..
Since early Oct, I've been looking @ this Cpy.. Why so many ppl likes GMG?!? Why??? Finally GMG announced the 3rd Qtr Results in late Oct. Their Asset was super strong, Low in Liabilities.. Although there may not be very good dividends in recent yrs, but it Biz Potential is INCREDIBLE!!!!
Back to the basic!! The most important thing in any business is to bring down your cost in order to gain more profits!! So GMG grow Rubber Trees (Low Cost), Use Latex to make Tyres (High Demand!! Good Profits!!)
In addition, recently it was reported that some big Cpy invested Hundreds of Million USD$$ into GMG!! Joint Venture with GMG to Develop a large scale industrial rubber plantation & processing Plant in Meyomessala!! It'll be a 12 Yrs Project!! GMG is worth a Long Term Investment Plan!!
So if you are having some excessive $$, feel like making some long term investment.. You may want to consider GMG Global Ltd!!
GMG Global Ltd (9/11/2010)
Last Done @ 32 Cents
Buyer @ 32 cents
Seller @ 32.5 cents
Special Thanks to the Guy who played a Contra of 3,000 Lots of GMG this afternoon. He gave so many of us a chance to get our lots @ 32 Cents. He must be a very rich man :) thru basic calculation, this guy actually did a "Charity" of $15,000++. He really made hundreds of Singaporean happier this afternoon :) Thanks again!
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