
Good piece of advice!
Sometimes if you are stepping backward, you can see it clearly. But when you are too near the wall, it will be very difficult to have a clear vision. Yea, forward TA for Ausgroup is excellent, so not too worry lah.
Have a nice weekend lunar chinese new year and Gong Xi Fa Cai!
blueskyblue ( Date: 12-Feb-2010 08:30) Posted:
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Investment is looking at the company futures and its potential to grow. Gambling is looking at the past and present data.
Ausgroup is currently bad for gamblers as the present data is unfavourable. For investors, it is good as its future look bright with the number of contracts and tender in the pipeline. However the question is when to buy in.
If do not know when to buy in, then just accumulate slowly at certain interval (averaging strategy). Buy when it is cheap and sell when it is expensive.
Cheers to all and Gong Xi Fa Cai!
If so, the only thing is to look far liao - keep the paper for many months from now lor :(
risktaker ( Date: 11-Feb-2010 20:37) Posted:
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I think ur gonna see 0.4x soon :(
My guess only hor BOSAYOR
tanstg ( Date: 11-Feb-2010 11:24) Posted:
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The poor financial report may have been priced in the current price already. Gd luck!
kingster ( Date: 11-Feb-2010 10:56) Posted:
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Kingster, you hv made a very good observation abt tankuku's posting..he has done it before...
ya i always advocate, must do homework, dont expect to make money easily... dont understand where tankuku get his news that results is gd. try not to mislead pple here in forum with speculations. anyway, sometimes even with bad results stocks can still go up haha! well gd luck to all! HUAT AH!
It is not a matter of believe or not. It is a great way to share the knowledge in the forum for wider audience. It is good to know that you did your homework. Cheer! HNY
kingster ( Date: 11-Feb-2010 09:08) Posted:
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now u guys believe me? pls do more homework before investing. does not mean more contract wins will be more profit... forward guidance not v positive also...gd luck!
starbugs ( Date: 11-Feb-2010 08:30) Posted:
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Ausgroup results just out. Somewhat worse than I expected.
Revenue decreased 34.1% year-on-year.
Net profit decreased 32.5%
EPS fell from AUD 2.7c for HY09 to 1.3c for HY10 (annualized P/E about 17.5)
Net gearing fell from net cash to 0.051
NAV/share (and equity) declined marginally from AUD 28.8 to 28.7
Outlook guidance also not very optimistic:
- Strong AUD impacted competitiveness against Asian competitors
- Earnings expected to remain weak in next quarter
- high margin pressure in AU minerals sector
- O&G: expected to be flat in SG. Potential LNG projects in AU seems to be the main bright spark
Revenue decreased 34.1% year-on-year.
Net profit decreased 32.5%
EPS fell from AUD 2.7c for HY09 to 1.3c for HY10 (annualized P/E about 17.5)
Net gearing fell from net cash to 0.051
NAV/share (and equity) declined marginally from AUD 28.8 to 28.7
Outlook guidance also not very optimistic:
- Strong AUD impacted competitiveness against Asian competitors
- Earnings expected to remain weak in next quarter
- high margin pressure in AU minerals sector
- O&G: expected to be flat in SG. Potential LNG projects in AU seems to be the main bright spark
So another FA talk! I c.
yes they have alot of contracts but it is well known they are not going to add to the profits for this coming results. if u dont even know this, dont think u shd even be vested in this... only 2H 2010 will be better. how much better? u go find out yourself!

Just routine check......currently only left with blanks, no real bullets liao
tankuku ( Date: 10-Feb-2010 16:44) Posted:
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Jusr got news , the result is positive. So can vest la.
Still they will make profit with more contract secure.
Don't worry la.
Vest and good luck
Earnings not expected to be good. Company already said so in last qtr's results. Look to guidance on future earnings and tenders.
bad earnings???you sure or not. they got the 100 millions contract and what else renew on another contract all going to show on this report wor....not meh??
Care to share more of any insight?
kingster ( Date: 10-Feb-2010 12:35) Posted:
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dont load now as bad earnings is expected... might drop further tmr once the results are out
they are posting their earnings today....i sold it off liao but think can buy back now as its still cheap...but no more bullets.good luck Aus group is a good company