
This is a big hype stock with lots of hot air
Pathetic dividends at year end
Wonder who bought at over $2 now suffering
How was it now?
hlayar ( Date: 28-Apr-2008 14:05) Posted:
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looking at the bollinger band of a 10-min chart...the band is tightened ...and the last half an hour saw a white candle broke out of the upper band...
The lack of info will kill the stock
Mkts do not like uncertainty
Institutional funds now meeting. Final decision could be to hang on and watch, or to reduce, or could even be buy on dip. It all depends on what they will release in their analysis report.
Only fear now is institutional seller. Remember cosco recent experience. it would be a nightmare.
If Half Year is 12.119MM and Q3 is -4MM. That means the contract income would alone be 10M or more not considering other concurrent projects. I would go for the safe side.
The Board advises that the quarterly results
are being finalised and will be released on or before the 15th May
2008. As a result of the required provision, the Board anticipates the
third quarter loss will not exceed A$4 million for the Group.
AusGroup 1H already profit 12.119M after Tax....so now they already know the results as finalized...jux not announced yet till 15th May...so i believe so when they say 3rd Quarter loss will not exceed tt amt...it is credible...as calculated already
Further to the announcement on Friday 25th April 2008, the Board of
Directors wishes to provide more details on the profit warning issued.
The reason for the quarterly loss relates to contractual issues around a single project being undertaken by the Australian subsidiary of the Group.
Management is in discussions with the client with a view to resolve all contractual issues in a timely and amicable manner.
For the purposes of preparing the 3rd Quarter results, the Board has taken a conservative view on this project and to be prudent has made the required provision.
The Board advises that the quarterly results are being finalised and will be released on or before the 15th May 2008. As a result of the required provision, the Board anticipates the third quarter loss will not exceed A$4 million for the Group.
The Board is confident that the Group full year results will remain profitable.
Michael Anthony Hardwick
Chief Financial Officer
The reason for the quarterly loss relates to contractual issues around a single project being undertaken by the Australian subsidiary of the Group.
Management is in discussions with the client with a view to resolve all contractual issues in a timely and amicable manner.
For the purposes of preparing the 3rd Quarter results, the Board has taken a conservative view on this project and to be prudent has made the required provision.
The Board advises that the quarterly results are being finalised and will be released on or before the 15th May 2008. As a result of the required provision, the Board anticipates the third quarter loss will not exceed A$4 million for the Group.
The Board is confident that the Group full year results will remain profitable.
Michael Anthony Hardwick
Chief Financial Officer
management is smart.. halt today.... well, it went up so fast and so high from 0.615.. almost 100% lei... not bad man..
First support 87, second support around 60-62.
Now halted. Trying to hold the sell shell. Looking at the sell queue, it would easily open around 89c. I think 80c is achievable as ppl starts to unload. Wonder if those small buy queue between 96.5 and $1 aware of the episode? Pity them if they dun
looks like trading halt today check SGX announcements for verification
this is a joke stock
keep away
Clearly where is the transparency? Legal matters is not come just overnight, it should have notice much earlier. Why wait till Mar result is prepared?
I will dump the moment the market opens. So disappointed as I have calling it a good counter.
Gone case
Let's see. Buying opportunity presents. I dont think this incident is going to cause much impact. The stock may plunge sub $1 on opening though.

What I play is short term momentum, thru various TA indicate which I have set up my own.
Maybe I am wrong, so for those it is better that they do their own research n play at their own risk.

Nice to know u Cyjjerry 85. what I see u r expert in share. Wish to know u n make friends.
My email stevenkoh1981@yahoo.com
TA wise it shows that 23 April gain was with a very high volume..MACD signal was in positive region...thus there were no signs of it coming down actually...is this reporting of 3Quarter loss of extremely big impact in actual fact? 1 thing i m curious of...since they know they r gonna report this possible loss...why is it that the Chief Financial Officer (CFO) still buy in recently...there might be something of reason man`
1. | 21-04-2008 |
2. | The change in the percentage level | From 10.94 % To 11.13 % |
3. | Circumstance(s) giving rise to the interest or change in interest | Open Market Purchase | |
# Please specify details |
|
4. | A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
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>> PART IV |
1. | Holdings of Substantial Shareholder , including direct and deemed interest : |
![]() | Direct | Deemed |
No. of shares held before the change | 1,500,000 | 41,611,000 |
As a percentage of issued share capital | 0.38 % | 10.56 % |
No. of shares held after the change | 2,253,000 | 41,611,000 |
As a percentage of issued share capital | 0.57 % |
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stevenkoh1981 ( Date: 26-Apr-2008 14:25) Posted:
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different from last time. Must play with cautious. Its seem your play is on long term, so fo long term its will take
about 9 ~ 15 month to reach the peak. So what should u do now?? Learn from experience n study n improve your skill for trading in share markets.