

tankuku ( Date: 07-Oct-2009 14:20) Posted:
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I think it will hit $0.73 with limit upside cos the resistance is around $0.74.
I will take profit at $0.72
Bot 25 lots at 69 cts. Do u think i shld continue to average up??
Hope u also win some kopi money also
So have u brough any?
Will c more buying.
beckleong ( Date: 07-Oct-2009 09:49) Posted:
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What impress me is the two big blue balloons. Hehehe...
Below is my chart analysis for sharing and exchange pointers.
My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.
If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by intentionally rating it as "bad post", this is not cursing but Buddhism beliefs tat intentional bad deeds will accumulate for yourself and possibly your next generation, "bad" karma for your "bad" deeds.
If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd and SOBAYOR.

Below is my long-term chart analysis for sharing and exchange pointers.
My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.
If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by intentionally rating it as "bad post", this is not cursing but Buddhism beliefs tat intentional bad deeds will accumulate for yourself and possibly your next generation, "bad" karma for your "bad" deeds.
If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd and SOBAYOR.

The next heavy buy up will be yangyijiang.
Keep a lookout.
Good luck
Today's vol as at this point in time had aredi exceeded yesterday's vol n "Trade Summary" at this point in time shows extremely heavy buying-up (almost doubled the sell-down), but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:
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Patience has its virtues.
Bounced up from the down-sloping support line of the bullish flag continuation pattern.
My advice is not to be too eager-beaver to take short profits and remember the 3rd golden mantra:
3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price.
Cleared 70 cents on heavy buying. Now 71 cents liao. Hope to see more buying momentum after lunch.
striker ( Date: 07-Oct-2009 11:15) Posted:
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striker ( Date: 07-Oct-2009 11:15) Posted:
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bennykusman ( Date: 07-Oct-2009 10:29) Posted:
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NOTICE IS HEREBY GIVEN that the annual general meeting of AusGroup Limited (the “Company”) will be held at Anson Rooms 3 & 4, Level 2, M Hotel Singapore, 81 Anson Road, Singapore 079908 on Tuesday, 13 October 2009 at 3.00 p.m.
NOTICE OF BOOKS CLOSURE AND DIVIDEND PAYMENT DATES
NOTICE IS HEREBY GIVEN that the share transfer books and register of members of AusGroupLimited (the “Company”) will be closed on 24 October 2009 for the purpose of determining members’ entitlements to the final one-tier tax exempt dividend of 0.64 Singapore cents per ordinary share for the year ended 30 June 2009.
Members whose securities accounts with The Central Depository (Pte) Limited are credited with shares at 5.00 p.m. on 23 October 2009 will be entitled to the dividend.
The dividend, if approved by members at the Company’s annual general meeting to be held on 13 October 2009, will be paid on 6 November 2009.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B48A2FE4D2D9D2534825763A0005E914/$file/AusGroup.Notice.Of.AGM.pdf?openelement
Expected to secure A$125m orders from Gorgon in the next six months.
Over the next 18 months, management plans to submit A$1bn of bids for the Gorgon
project.
Some A$60m has already been submitted and another A$420m will be
submitted by end-2009.
The bids are for fabrication work for the upstream phase (preassembled
pipe racks, modules, subsea manifolds and spools).
We expect the group to secure A$125m of contracts from the project by 1Q10.
To date, the Gorgon project has awarded A$2bn worth of projects to sub-contractors for infrastructure and logistics work and is expected to award another A$10bn in the coming three months.
We anticipate further order wins from the Gorgon project for AusGroup from 2H10
when contracts for subsea/LNG plant work are announced.
On the lookout for acquisitions.
With a strong cash position, we expect management to announce acquisitions in the near term. Potential acquisitions would be similar to MAS: providing similar businesses, enhancing AusGroup’s footprint in East Australia/South-East Asia and achieving the required rate of returns
Ausgroup Ltd (S$0.73) - Right place, right time
We initiate coverage on AusGroup with a target price of S$1.08, based on 13x
CY11 P/E, in line with its historical average since listing. We see share-price
catalysts from order wins from a series of LNG and mineral projects in Australia.
Among its SGX-listed peers, AusGroup has purer exposure to the Australian LNG
sector, thanks to its wider ambit of services and operations in Australia. The group
is bidding for A$2bn worth of orders in LNG and mineral resource projects over
the next 12 months and we estimate its order book could grow by 25% to A$500m
by Jun 10. We see a buying opportunity as AusGroup is trading below its
historical valuations.