AusGroup    Last:0.009   -

AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m

ozone2002      ( Date: 05-Apr-2010 16:41) Posted: broke resistance of 61.5 trading out of ascending triangle on freakin high vol.. more upside to come.. DYODD

 

hopefully tomorrow will be able to break 0.65

 

Agree, good post. As I don't subscribe to the "cut loss" point of view, I buy and sell in increments. Over time, the profits add up to quite a lot. Cheers.

star-trader      ( Date: 05-Apr-2010 22:23) Posted: I have always being asked on the short term basis thinggy..during the time when I made a call on Ausgroup 1 week ago, someone wrote to me why Ausgroup not trending upwards as per my call. As what I have always mentioned, my short term is 3-5days kind of things as in stock trading, there are something called Accumulation and Breakout which the BBs wont want the RP(Retail Investors) to know.. I will try to explain when I have time on my lesson or newsletters soon on my blog. One more thing on the short term basis is it ranges from 0-3months and doesn't mean that you got to hold till 3 months and offload it. When there is opportunity to sell within 0-3months, you better offload it so that you can grab it at the lowest price once you offloaded it. What I am trying to say is.. Opportunity arises not only on BUY but it also can happen to SELL on any particular stocks.  My best practice on "sell" for stock trading is..when you are not sure if the price is a good price to offload, always dump half of it first to reap a profit and keep half of it. But of course, if you are very sure it reaches the top peak of a mini-Ewave, and will come down, then sell all of your holding and wait for the re-entry price again for the next rebound. There are many examples that I have given on my blogs , eg Noble, Capitaland, Ezion, etc etc when I have ride not once but few times on the uptrend wave to gain the profit... SOBAYOR, Star-Trader   star-trader      ( Date: 05-Apr-2010 16:55) Posted: Yes,breakout and also I did posted at 3.47pm today on the breakout channel as below: http://star-trader.blogspot.com/2010/04/ausgroup-technical-stock-and-chart.html Anyway, it created another wave channel again at 0.615, those that entered at 0.595 and 0.60, congrats and let's see and wait to lock in for the next profit on Ausgroup.. And again, my short term meaning here is NOT LESS than a WEEK as some thought so, for those that confused with this term. Thanks, Star-Trader

 

I have always being asked on the short term basis thinggy..during the time when I made a call on Ausgroup 1 week ago, someone wrote to me why Ausgroup not trending upwards as per my call. As what I have always mentioned, my short term is 3-5days kind of things as in stock trading, there are something called Accumulation and Breakout which the BBs wont want the RP(Retail Investors) to know.. I will try to explain when I have time on my lesson or newsletters soon on my blog.

One more thing on the short term basis is it ranges from 0-3months and doesn't mean that you got to hold till 3 months and offload it. When there is opportunity to sell within 0-3months, you better offload it so that you can grab it at the lowest price once you offloaded it. What I am trying to say is.. Opportunity arises not only on BUY but it also can happen to SELL on any particular stocks.

 My best practice on "sell" for stock trading is..when you are not sure if the price is a good price to offload, always dump half of it first to reap a profit and keep half of it. But of course, if you are very sure it reaches the top peak of a mini-Ewave, and will come down, then sell all of your holding and wait for the re-entry price again for the next rebound.

There are many examples that I have given on my blogs , eg Noble, Capitaland, Ezion, etc etc when I have ride not once but few times on the uptrend wave to gain the profit...

SOBAYOR,

Star-Trader

 

star-trader      ( Date: 05-Apr-2010 16:55) Posted: Yes,breakout and also I did posted at 3.47pm today on the breakout channel as below: http://star-trader.blogspot.com/2010/04/ausgroup-technical-stock-and-chart.html Anyway, it created another wave channel again at 0.615, those that entered at 0.595 and 0.60, congrats and let's see and wait to lock in for the next profit on Ausgroup.. And again, my short term meaning here is NOT LESS than a WEEK as some thought so, for those that confused with this term. Thanks, Star-Trader   star-trader      ( Date: 24-Mar-2010 20:43) Posted: If i didn't calculate wrongly, Ausgroup will post to go higher in very short term but probably riding on a gap of 15cents to 20cents.. I don't know about the news, but to those that queue at 0.595 or 0.6, congrats.. even if it is 0.6, you should be good enough to ride on the mini-Elliot Wave tomorrow on for the next few days... my bet, OBV showing some signals. SOBAYOR, Star-Trader

 

Monday: 5th March 2010 CLOSING

vOlume     15,414,000      PRiCE  S$0.630  +S$0.035

S$0.595         30,000

S$0.600    2,536,000     (1,205,000   BOUGHT  frOm  SELLER)

S$0.605    2,353,000     (1,781,000   BOUGHT  frOm  SELLER)

S$0.610    2,155,000     (2,130,000   BOUGHT  frOm  SELLER)

S$0.615    3,790,000     (2,521,000  BOUGHT  frOm  SELLER)   

S$0.620    2,266,000     (2,245,000  BOUGHT  frOm  SELLER)

S$0.625    1,891,000     (1,860,000  BOUGHT  frOm  SELLER)

S$0.630       393,000     (   393,000  BOUGHT  frOm  SELLER)

14:31.09   S$0.605            929,000   BOUGHT  frOm  SELLER

14:55.42   S$0.610         1,334,000   BOUGHT  frOm  SELLER

14:57.56   S$0.615         1,086,000   BOUGHT  frOm  SELLER

16:42.47   S$0.620         1,269,000   BOUGHT  frOm  SELLER

16:56.35   S$0.625            621,000   BOUGHT  frOm  SELLER

17:05.03   S$0.630            330,000   BOUGHT  frOm   SELLER 

*tOmOrrow  SELLER  QUEUE  WiLL  start  at  S$0.635

AUSGROUP  RECOVERY  CONFIRMED

 

Breakout today with good volume.

 

u want to sell where it just break out ?

better hold until next month.. the strong restistance between 0.61-0.62 has just broken.. at least 0.65 can be achieved..

dec2000      ( Date: 05-Apr-2010 17:19) Posted: tks! I hv queue for tomorrow to take some profit first!  ( to reduce some counter onhand!) pharoah88      ( Date: 05-Apr-2010 08:52) Posted: mypaper   Thu:1st APRIL 2010 my01-022-0-mya.pdf    BETWEEN THE LINES Oil prices find a sweet spot HOUSTON And there the price has stayed, more or less, since August, reaching a rough stability in the US$70 to US$83 range. Economists and government officials say that if prices remain in that band, it could benefit the world economy, the future security of energy supplies and even the environment. The price is high enough to drive “It’s a sweet spot,” said Mr Kenneth Rogoff, a Harvard professor of international finance.  “It’s not too low that it’s crushing demand for and fiscal crises in oil-exporting countries. And it’s not so high that it’s driving African countries deeper into poverty and threatening the recovery in the US and Europe.” Petrol prices have stabilised along with oil prices, with the average US price for a gallon of regular petrol ranging from US$2.50 to US$2.80 since June. Oil prices have jumped somewhat this week, but they are still within the band they have occupied for months. Light, sweet Texas crude closed on Tuesday at US$82.37 a barrel. Energy experts say that several far-flung global developments have converged to put supply and demand in relative equilibrium, at least for the time being.  Members of the Organisation of Petroleum Exporting Countries have remained fairly disciplined in complying with their announced production cuts.  Meanwhile, among non- Opec producers, growing oil output in Brazil, Russia and the Gulf of Mexico has counterbalanced production declines in the North Sea, Alaska, Venezuela and Mexico. On the demand side, growing appetites for oil in China, India and other developing nations have been offset by declining demand in the United States and Europe, because of their slowing economies, conservation efforts and growing use of biofuels.  “The current price range provides a geopolitical benefit,” said Mr David Goldwyn, the US State Department coordinator for international energy affairs. “With ample capacity in oil, and commercial inventories at five-year highs, markets are well positioned to absorb any potential supply disruption, even without resorting to strategic stocks.”  While the last four decades have been punctuated by various oil-price booms and busts stemming from oil embargoes, wars and recessions, periods of relative stability lasting months or years have been OIL prices have done something remarkable over the last half-year or so: They have barely budged.  Memories are still fresh of the chaotic climb to US$147 (S$206) a barrel only two summers ago, accompanied by petrol costing U$4.11 a gallon. The spike led to accusations from drivers and politicians that oil companies were price-gouging.  Then crude prices plummeted, along with the world economy, to around US$34 a barrel just over a year ago, only to double again in a matter of months as confidence began to recover.investment in future oil production and in supplies of alternative energy, they note, but low enough that consumers can bear it.renewable energy sources or causing debtcommonplace.  Not surprisingly, oil producers prefer stability to plan their investments. “The worst thing that happens in our industry is volatility,” said Mr G. Steven Farris, chairman and chief executive of Apache Corp. With prices stabilising, his company has increased its exploration and development budget by 50 per cent this year, to US$6 billion.  Meanwhile, many of the independent oil companies are pumping up their oil-exploration investment budgets as well.  “If we still had US$35 oil prices, you would not have seen us be nearly as active in the Gulf of Mexico,” Mr James Hackett, chairman and chief executive of Anadarko Petroleum, said in an interview. The biggest long-term threat to the new balance is growing consumption in China and other developing countries. But some analysts express hope that such countries can curb their oil-demand growth as they build power-transmission lines that will enable them to replace inefficient diesel generators with alternative power sources like gas and nuclear. “Demand will change; supply will change,” said Mr Christof Ruehl, chief economist of BP, the oil company. “The world changes all the time.”  NYT BETWEEN THE LINES Oil prices find a sweet spot Oil prices will jump almost 20 per cent this year, driven by demand from China and emerging markets, according to UniCredit

 

tks! I hv queue for tomorrow to take some profit first!  ( to reduce some counter onhand!)

pharoah88      ( Date: 05-Apr-2010 08:52) Posted: mypaper   Thu:1st APRIL 2010 my01-022-0-mya.pdf    BETWEEN THE LINES Oil prices find a sweet spot HOUSTON And there the price has stayed, more or less, since August, reaching a rough stability in the US$70 to US$83 range. Economists and government officials say that if prices remain in that band, it could benefit the world economy, the future security of energy supplies and even the environment. The price is high enough to drive “It’s a sweet spot,” said Mr Kenneth Rogoff, a Harvard professor of international finance.  “It’s not too low that it’s crushing demand for and fiscal crises in oil-exporting countries. And it’s not so high that it’s driving African countries deeper into poverty and threatening the recovery in the US and Europe.” Petrol prices have stabilised along with oil prices, with the average US price for a gallon of regular petrol ranging from US$2.50 to US$2.80 since June. Oil prices have jumped somewhat this week, but they are still within the band they have occupied for months. Light, sweet Texas crude closed on Tuesday at US$82.37 a barrel. Energy experts say that several far-flung global developments have converged to put supply and demand in relative equilibrium, at least for the time being.  Members of the Organisation of Petroleum Exporting Countries have remained fairly disciplined in complying with their announced production cuts.  Meanwhile, among non- Opec producers, growing oil output in Brazil, Russia and the Gulf of Mexico has counterbalanced production declines in the North Sea, Alaska, Venezuela and Mexico. On the demand side, growing appetites for oil in China, India and other developing nations have been offset by declining demand in the United States and Europe, because of their slowing economies, conservation efforts and growing use of biofuels.  “The current price range provides a geopolitical benefit,” said Mr David Goldwyn, the US State Department coordinator for international energy affairs. “With ample capacity in oil, and commercial inventories at five-year highs, markets are well positioned to absorb any potential supply disruption, even without resorting to strategic stocks.”  While the last four decades have been punctuated by various oil-price booms and busts stemming from oil embargoes, wars and recessions, periods of relative stability lasting months or years have been OIL prices have done something remarkable over the last half-year or so: They have barely budged.  Memories are still fresh of the chaotic climb to US$147 (S$206) a barrel only two summers ago, accompanied by petrol costing U$4.11 a gallon. The spike led to accusations from drivers and politicians that oil companies were price-gouging.  Then crude prices plummeted, along with the world economy, to around US$34 a barrel just over a year ago, only to double again in a matter of months as confidence began to recover.investment in future oil production and in supplies of alternative energy, they note, but low enough that consumers can bear it.renewable energy sources or causing debtcommonplace.  Not surprisingly, oil producers prefer stability to plan their investments. “The worst thing that happens in our industry is volatility,” said Mr G. Steven Farris, chairman and chief executive of Apache Corp. With prices stabilising, his company has increased its exploration and development budget by 50 per cent this year, to US$6 billion.  Meanwhile, many of the independent oil companies are pumping up their oil-exploration investment budgets as well.  “If we still had US$35 oil prices, you would not have seen us be nearly as active in the Gulf of Mexico,” Mr James Hackett, chairman and chief executive of Anadarko Petroleum, said in an interview. The biggest long-term threat to the new balance is growing consumption in China and other developing countries. But some analysts express hope that such countries can curb their oil-demand growth as they build power-transmission lines that will enable them to replace inefficient diesel generators with alternative power sources like gas and nuclear. “Demand will change; supply will change,” said Mr Christof Ruehl, chief economist of BP, the oil company. “The world changes all the time.”  NYT BETWEEN THE LINES Oil prices find a sweet spot Oil prices will jump almost 20 per cent this year, driven by demand from China and emerging markets, according to UniCredit

 

Yes,breakout and also I did posted at 3.47pm today on the breakout channel as below:

http://star-trader.blogspot.com/2010/04/ausgroup-technical-stock-and-chart.html

Anyway, it created another wave channel again at 0.615, those that entered at 0.595 and 0.60, congrats and let's see and wait to lock in for the next profit on Ausgroup..

And again, my short term meaning here is NOT LESS than a WEEK as some thought so, for those that confused with this term.

Thanks,

Star-Trader

 

star-trader      ( Date: 24-Mar-2010 20:43) Posted: If i didn't calculate wrongly, Ausgroup will post to go higher in very short term but probably riding on a gap of 15cents to 20cents.. I don't know about the news, but to those that queue at 0.595 or 0.6, congrats.. even if it is 0.6, you should be good enough to ride on the mini-Elliot Wave tomorrow on for the next few days... my bet, OBV showing some signals. SOBAYOR, Star-Trader

 

broke resistance of 61.5

trading out of ascending triangle on freakin high vol..

more upside to come..

DYODD

 

mypaper   Thu:1st APRIL 2010

my01-022-0-mya.pdf 

 

BETWEEN THE LINES

Oil prices find a sweet spot

HOUSTON

And there the price has stayed, more or less, since August, reaching a rough stability in the US$70 to US$83 range.

Economists and government officials say that if prices remain in that band, it could benefit the world economy, the future security of energy supplies and even the environment.

The price is high enough to drive

“It’s a sweet spot,” said Mr Kenneth Rogoff, a Harvard professor of international finance.  “It’s not too low that it’s crushing demand for

and fiscal crises in oil-exporting countries. And it’s not so high that it’s driving African countries deeper into poverty and threatening the recovery in the US and Europe.” Petrol prices have stabilised along with oil prices, with the average US price for a gallon of regular petrol ranging from US$2.50 to US$2.80 since June.

Oil prices have jumped somewhat this week, but they are still within the band they have occupied for months. Light, sweet Texas crude closed on Tuesday at US$82.37 a barrel.

Energy experts say that several far-flung global developments have converged to put supply and demand in relative equilibrium, at least for the time being.  Members of the Organisation of Petroleum Exporting Countries have remained fairly disciplined in complying with their announced production cuts.  Meanwhile, among non- Opec producers, growing oil output in Brazil, Russia and the Gulf of Mexico has counterbalanced production declines in the North Sea, Alaska, Venezuela and Mexico.

On the demand side, growing appetites for oil in China, India and other developing nations have been offset by declining demand in the United States and Europe, because of their slowing economies, conservation efforts and growing use of biofuels.  “The current price range provides a geopolitical benefit,” said Mr David Goldwyn, the US State Department coordinator for international energy affairs.

“With ample capacity in oil, and commercial inventories at five-year highs, markets are well positioned to absorb any potential supply disruption, even without resorting to strategic stocks.”  While the last four decades have been punctuated by various oil-price booms and busts stemming from oil embargoes, wars and recessions, periods of relative stability lasting months or years have been OIL prices have done something remarkable over the last half-year or so: They have barely budged.  Memories are still fresh of the chaotic climb to US$147 (S$206) a barrel only two summers ago, accompanied by petrol costing U$4.11 a gallon. The spike led to accusations from drivers and politicians that oil companies were price-gouging.  Then crude prices plummeted, along with the world economy, to around US$34 a barrel just over a year ago, only to double again in a matter of months as confidence began to recover.investment in future oil production and in supplies of alternative energy, they note, but low enough that consumers can bear it.renewable energy sources or causing debtcommonplace.  Not surprisingly, oil producers prefer stability to plan their investments. “The worst thing that happens in our industry is volatility,” said Mr G. Steven Farris, chairman and chief executive of Apache Corp. With prices stabilising, his company has increased its exploration and development budget by 50 per cent this year, to US$6 billion.  Meanwhile, many of the independent oil companies are pumping up their oil-exploration investment budgets as well.  “If we still had US$35 oil prices, you would not have seen us be nearly as active in the Gulf of Mexico,” Mr James Hackett, chairman and chief executive of Anadarko Petroleum, said in an interview. The biggest long-term threat to the new balance is growing consumption in China and other developing countries. But some analysts express hope that such countries can curb their oil-demand growth as they build power-transmission lines that will enable them to replace inefficient diesel generators with alternative power sources like gas and nuclear. “Demand will change; supply will change,” said Mr Christof Ruehl, chief economist of BP, the oil company. “The world changes all the time.”  NYT

BETWEEN THE LINES

Oil prices find a sweet spot

Oil prices will jump almost 20 per cent this year, driven by demand

from China and emerging markets, according to UniCredit

 

Oil

+0.44

Price/barrel

$85.31

With price of oil rising, demand for oil related service sector will also rise..

 

Suddenly 60..

and 2 k lots q to buy 595... manipulation at its finest..

 

Vol.is thin for it to move..

 

clearing out all the weak holders and contra...

then it will start to move..

 

Oil prices set to rise this year  2010

SINGAPORE

That is according to industry experts who also said that ongoing uncertainty in European economies and rising market supply may help put a lid on oil prices from trending even higher going forward.

Recent international disagreements over Iran’s nuclear programme have done little to nudge oil prices from their stubborn range of between US$70 and US$84 a barrel, according to market watchers.

Oil prices have found support in the improving confidence in the global economy and better economic data from the US but the gains have also been capped by worries over some European economies and higher supply.

Purvin and Gertz managing consultant Victor Shum said: “Most people expect demand growth to continue as the economy recovers. But supply is growing at the same time, and it’s actually growing faster and so because of this supply demand balance that is holding back any further gains in oil.”

“So when oil gains in pricing, I expect a very gradual move, we’re not going to see a spike,” added Mr Shum.

With the Opec oil cartel seen to be adding more oil into the market, analysts believe prices are not likely to return to the peaks back in 2008, when one barrel was trading at around US$147.  However, they note that underlying real demand is likely to ensure that prices don’t also fall below current levels for long.    — Oil prices look set  to rise gradually to above US$90 a barrel this year but they are not likely to head back to the peaks seen in 2008.Chris Ho wells

 

pharoah - what tokking you?

 

tOmOrrOw  is  1st APRIL 2010

APRIL's  FOOL

BEWARE  Of   fOOls 

 

SingapOre  pOwer  Tariff   rEvisEd  UPward ,

whEthEr  wE  likE  Or  nOt

 

is  AusGroup  in the STi  ?

Bon3260      ( Date: 30-Mar-2010 23:00) Posted: Left pocket in & rite pocket out lah... Internal transactions. So dat STI still can remain nice nice mah. ('',) ozone2002      ( Date: 30-Mar-2010 15:00) Posted: i see big lots being accumulated @ 595 & 60.. definitely not auntie uncle accumulating..