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

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yiewkhong
    03-Dec-2009 15:47  
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Hopefully, Ausgroup can close between $0.68 to $0.685 in order to build up momentum to break into the $0.70s.
 
 
aleoleo
    03-Dec-2009 15:43  
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finally moves, no gan jiong to sell, dunno why so many seller so gan jiong to sell and block the px to move up further
 
 
yiewkhong
    03-Dec-2009 15:14  
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$0.70 level going to breach soon
 

 
Bon3260
    03-Dec-2009 15:10  
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BBs oredi in Ausgroup liao... ('',)
 
 
yiewkhong
    03-Dec-2009 15:06  
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Worst scenario is when sold existing holding, it trend upwards and when buy another counter, it trend downwards.

Double loss.
 
 
ozone2002
    03-Dec-2009 15:04  
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aus now 66.5

has to break 67.5 to move further..
 

 
Bon3260
    03-Dec-2009 14:39  
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V disappointed eh tankuku大哥!!! U asked us 2 vest Ausgroup & even said gd luck everytime 2 us. Now dan u said u sold Ausgroup @ 0.66. & asked us 2 buy Sinotel @ 0.62 now? When u bot Sinotel @ 0.58, u shd hv told us in e 1st plc mah... Now Sinotel 0.62, how 2 buy?

U sold Ausgroup @ 0.66 & bot Sinotel @ 0.58. U still in e sea rite? Wat if Ausgroup climb later? ('',)



tankuku      ( Date: 03-Dec-2009 14:00) Posted:



My broker recommand buy for Sinotel.

So i sold all my ausgroup at 0.66. Had brought 100lot Sinotel at 0.58. Now still holding 100 lots Sinotel. Will wait for it to cross 0.75 before sell.Paper profit is $4000.

Do accumulated Sinotel now as it is now BB favorite, sure to move higher.

Vest and good luc

 
 
tankuku
    03-Dec-2009 14:00  
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My broker recommand buy for Sinotel.

So i sold all my ausgroup at 0.66. Had brought 100lot Sinotel at 0.58. Now still holding 100 lots Sinotel. Will wait for it to cross 0.75 before sell.Paper profit is $4000.

Do accumulated Sinotel now as it is now BB favorite, sure to move higher.

Vest and good luc
 
 
Bon3260
    03-Dec-2009 13:05  
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Be patient... BBs r now waiting those ctr players 2 step out 1st... ('',)

aleoleo      ( Date: 03-Dec-2009 10:46) Posted:

BB change target? not interested in this counter ? no movement at all

 
 
aleoleo
    03-Dec-2009 10:46  
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BB change target? not interested in this counter ? no movement at all
 

 
guppy724
    02-Dec-2009 09:35  
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.67c..really a hard nut to crack....let's see if today..if our patience pays.Vested.Smiley

guppy724      ( Date: 24-Nov-2009 11:26) Posted:

ayoyo...still hard to break .67c. is Ausgrp losing steam already ? @#$%&* :( 

 



guppy724      ( Date: 17-Nov-2009 11:19) Posted:

this is the another attempt to break .67c convincingly.if break Smiley.


 
 
tanstg
    02-Dec-2009 08:11  
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Yes. We should see 70cts within the coming weeks ....just my 2 sense
 
 
ozone2002
    01-Dec-2009 14:50  
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Dear all, AusGroup Ltd announced during lunch that Oil & Gas client Woodside Energy has renewed a contract for the provision of fabrication services in support of the maintenance program at the client's onshore (Burrup Peninsular) and offshore facilities (North West Shelf). The contract has an initial term of three years and three successive one-year options. The contract value for the initial three year contract is over A$30m. AusGroup's current order book stands at A$500m. AusGroup Ltd has announced a slew of contract wins in the last few weeks (16-Nov:A$34m; 23-Nov:A$100m; 01-Dec: A$30m+ over three years), which will help support our earnings expectations. We note that two companies including a key AusGroup competitor have announced Gorgon wins in recent weeks. We believe that AusGroup may also have news on this front in the coming months. We maintain our BUY rating on AusGroup and S$0.70 fair value estimate.
 
 
ozone2002
    01-Dec-2009 14:36  
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2pm market open flood of buy orders that pushed up the price to 66..
 
 
Bon3260
    01-Dec-2009 13:18  
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My advise's... During tis period of time aft Dubai's case. U all can dun buy Ausgroup, it's ok. But those pple dat r holding Ausgroup... Pls dun sell now too. Wait till STI climbs 2,900 nxt yr... Treat it as long term investment... ('',)

Now there r sm selling it's bcos those ctr players who r  throwing when they bot @ 0.67/0.675 on Tue/Wed last wk...



ozone2002      ( Date: 01-Dec-2009 13:05) Posted:

flood of buy orders comin in after lunch.. hopefully

 

 
ozone2002
    01-Dec-2009 13:05  
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flood of buy orders comin in after lunch.. hopefully
 
 
will040
    01-Dec-2009 12:52  
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AusGroup Limited

The new contract will commence on the 1st December 2009 for an initial term of three years with three successive 1 yearly options. The contract value is in the order of AU$30 million plus for the initial three year contract.  With this contract award, the order book stands at AU$500 million.(‘AGL’ or ‘AusGroup’ or the 'Group') is pleased to announce the award of a contract by Woodside Energy Ltd (Woodside).

 
 
Bon3260
    01-Dec-2009 12:52  
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SGX/MEDIA RELEASE

For Immediate Release

Company Registration Number 200413014R

36 Tuas Road

Singapore 638505

091201- AusGroup Awarded Provision of Fabrication Services Contract.docx Page 1 of 1

Singapore and Australia

1 December 2009

AusGroup Awarded Oil and Gas Fabrication

Services Contract

AusGroup Limited

contract by Woodside Energy Ltd (Woodside).

AusGroup’s Australian subsidiary, AGC Industries Pty Ltd (‘AGC’) has been awarded the

contract for the provision of fabrication services in support of the maintenance programme at

Woodside’s facilities, both onshore, at the Burrup Peninsular and offshore, on the North West

Shelf.

This award further extends AusGroup’s ongoing relationship with Woodside, with whom AGC

have been providing these fabrication services since 1999.

AusGroup’s Managing Director John Sheridan said “securing the renewal of this contract with

Woodside further reinforces AGC’s position as a leading provider of fabrication services in the

Oil and Gas industry. We look forward to delivering our services to the complete satisfaction of

our client.”

The new contract will commence on the 1st December 2009 for an initial term of three years

with three successive 1 yearly options. The contract value is in the order of AU$30 million plus

for the initial three year contract.

With this contract award, the order book stands at AU$500 million.(‘AGL’ or ‘AusGroup’ or the 'Group') is pleased to announce the award of a

Ends

Issued for and on behalf of AusGroup Limited by Financial PR Pte Ltd

For more information, please contact: Kathy Zhang / Romil Singh

T (65) 6438 2990 | F (65) 6438 0064 | E kathy@financialpr.com.sg / romil@financialpr.com.sg

ABOUT AUSGROUP LIMITED (Bloomberg Ticker: AUSG.SP)

Main board-listed, AusGroup Limited is an energy and resources specialist providing fabrication, precision

machining, construction and integrated services to natural resource development companies. The Company also

provides access services for construction and maintenance contracts through Modern Access Services (MAS).

AusGroup has an established operations network strategically positioned throughout Australia, Singapore and

 
 
Bintang
    28-Nov-2009 16:46  
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It took almost a month for AusGroup on 05/11/09 to come down to cover the gap at 59 cents . After that it made a strong surge to 67.5 cents three times to complete the rebounce in this month .It may again come down to fill a gap at 59 cents where a gap was formed previously . If this would materialise , then the double bottom would provide very strong base for the  next up swing .

Bintang      ( Date: 04-Oct-2009 11:01) Posted:

Hi juyong , the support at 67 cents is at the lower trendline of the current downtrend channel , if this would not provide support , then  it may go down to cover a gap at 59 cents , so if u are going to trade , then set your  stop-loss protection .

juyong      ( Date: 04-Oct-2009 10:38) Posted:



Thank you Bintang for sharing your analysis and Richtan for your kind advice. Correct me if I'm wrong, looks like if that is the case, a price between $0.67 to $.70 may be a good price to re-enter for mid-term investment.


 
 
ozone2002
    28-Nov-2009 11:58  
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buy on fear :) don't follow the herd..
 
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