Latest Posts By ozone2002
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| 27-Aug-2009 10:33 |
Swiber
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Swiber
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swiber showin its true colors
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| 27-Aug-2009 09:36 |
Swiber
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Swiber
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swiber n swissco can't be equal price.. somehow the disconnect will breakaway and reveal the true price.. | ||||
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| 27-Aug-2009 09:22 |
Midas
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Midas
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slow and steady wins the race.. not every stock can chiong like ausgrp.. some take slow baby steps.. others take big steps |
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| 26-Aug-2009 17:20 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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AUSGRP rallied because of this.... Australia approves $42bn LNG project http://www.ft.com/cms/s/0/6bf12dc2-91f0-11de-879d-00144feabdc0.html?ftcamp=rss&nclick_check=1 By Peter Smith in Sydney Published: August 26 2009 05:21 | Last updated: August 26 2009 05:21 Gorgon, one of the world’s biggest liquefied natural gas developments, cleared a significant hurdle on Wednesday when Australia’s federal government granted environmental approval for the A$50bn (US$42bn) project. Canberra’s decision paves the way for Chevron, the US oil group that is 50-per cent owner and operator of Gorgon, to make its “final investment decision” to develop the project’s gas fields off the coast of Western Australia within months, the company said in a statement. However, Asian countries, led by China, have already set themselves up to be major customers of Gorgon LNG. PetroChina, China’s largest energy company, this month agreed to buy US$41bn worth of Gorgon LNG over a 20-year period from ExxonMobil which, together with Royal Dutch Shell, owns the rest of Gorgon. Shell signed a “sales and purchase” agreement with PetroChina for Gorgon LNG in 2007 while Chevron has agreements with three Japanese utilities. Gorgon is one of the most ambitious of around 10 LNG projects being developed in Australia. Peter Garrett, minister for the environment, said Gorgon had undergone a high level of scrutiny before it was deemed acceptable. He said the “key focus” had been whether Gorgon’s expansion could manage the potential impact on protected species such as the flatback turtle and terrestrial fauna. Canberra’s approval of Gorgon had been widely expected given the significant long-term benefits the project will provide to the Australian economy, including tens of billions in tax revenues and thousands of jobs. However, an oil spill off the Western Australian coast last Friday has provided ammunition to environmentalists who believe LNG projects pose material risks to wildlife along Australia’s pristine coastline. Roy Krzywosinski, Chevron Australia’s managing director, said Gorgon had global significance with a resource base of more than 40,000bn cubic feet of gas and an estimated economic life of at least 40 years from the time of start-up. “[It] is Australia’s largest single resource project and is set to deliver significant economic benefits and create around 10,000 indirect and direct jobs during peak construction,” Mr Krzywosinski said. Chevron said the project had been deliberately sited to avoid areas of particular conservation significance. “The three-train Gorgon will have minimal additional environmental impact when compared to the already-approved two-train project,” Chevron said. An LNG train is a gas processing facility. Chevron plans to build three 5m tonne per annum LNG trains, one of the world’s largest carbon dioxide injection projects as well as a domestic gas plant. Australia’s Environmental Protection Authority (EPA) gave conditional approval for Gorgon’s expansion in May. The EPA said that Gorgon’s location on the Barrow Island nature reserve would need to deal sensitively with flatback turtle rookeries and it was also concerned about the impact of dredging and marine infrastructure on the coral habitat. The Western Australian government in 2007 overruled the EPA’s recommendation that ”industry should not be located” on Barrow Island. Chevron is still negotiating a number of state and federal approvals, including production licences and development applications. These discussions are unlikely to disrupt Gorgon’s development plans. |
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| 26-Aug-2009 17:03 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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wat a homerun for AUSGRP.. my fears were allayed for the false breakout.. |
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| 26-Aug-2009 13:49 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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i'm just concerned abt the dble top pattern @ 66c.. seems like a retailers biting at the 66c sell Q.. cos if u see the no of trades done @ 66c it averages abt 50 lots per trade.. just my concern.. other than that hope it can break 66 to provide more assurance.. DYODD |
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| 26-Aug-2009 11:41 |
Ezra
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Ezra
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look out for ezra to break its 1.66 high | ||||
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| 26-Aug-2009 11:34 |
Swissco
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Swissco
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swiber and swissco Arg Ka liao!.. brothers in arms.. |
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| 26-Aug-2009 10:59 |
Midas
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Midas
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Midas too early to take profit.. look at the technical indicators, majority are in the early stages of entry.. why exit when it's in the early stages? don't sound correct to me.. DYODD |
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| 26-Aug-2009 10:34 |
Midas
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Midas
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congrats to those who went in.. the trend is ur friend..
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| 26-Aug-2009 10:25 |
Midas
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Midas
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its time for midas to show its true colors | ||||
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| 26-Aug-2009 10:18 |
Midas
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Midas
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watch for midas breakout ... has to break 86c | ||||
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| 26-Aug-2009 10:07 |
Citic Envirotech
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United Envirotech
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22c !! Utd going bersek!! | ||||
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| 26-Aug-2009 10:00 |
Citic Envirotech
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United Envirotech
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i already Q 22 c to sell some of my stake..take some money for the weekend! | ||||
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| 26-Aug-2009 09:58 |
Citic Envirotech
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United Envirotech
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haha.. let's buy sell all the way to 50cents.. keke | ||||
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| 26-Aug-2009 09:51 |
Citic Envirotech
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United Envirotech
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20.5!..yeah! | ||||
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| 26-Aug-2009 09:24 |
SingTel
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Singtel Bullish???
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waiting for the move up..
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| 26-Aug-2009 09:23 |
Citic Envirotech
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United Envirotech
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19.5 ..time to hit the big 20! | ||||
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| 25-Aug-2009 21:42 |
CapitaLand
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Capitaland
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what a beautiful close for this counter.. i trade on technicals.. and it was spot on.. cheers to those who entered as well..
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| 25-Aug-2009 17:21 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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markets will hit u when u least expect it.. so when everybody is in super duper bullish mood..the market will tank when everybody is gloomy and doomy.. the markets will rise.. |
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