AusGroup    Last:0.009   -

Ausgroup

If it does break the 2.04, next resistance should be $2.3. else....

 

If this counter surges up further, would it be able breakout ceiling 2.04 ?

 

Yesterday high was 1.87.

Today open at 1.90

Open up with window, if it close high with  good volume. it should move higher.

 

MCQUARIE BANK issuing Call Warrants tomorrow at strike price of $2.10. Will price be going up too (ref: today's Straits Times)?

 

12 days of falling, today's white candle may starts pushing higher????

 

It is tying up with an unnamed major European engineering group to vie for specialist insulation and fireproofing work for the US$10b worth of petrochemical projects - including the Shell and ExxonMobil complexes - coming up on Jurong Island. Industry sources speculate that its JV partner is Norwegian oil-equipment maker Aker Kvaerner which is already doing front-end engineering design on a planned downstream plant for ExxonMobil's project.

AusGroup estimates that insulation and fireproofing work typically accounts for 2-3% of the total project costs, which means that it's eyeing potentially up to $300m worth of deals.

 

Check out SGX Announcements. Ausgroup is going into JV with a European conglomerate to bid for Shell & Exxon Jurong Island projects

 

Inching up already, don miss the boat. already up 20cents since 30-may!!!

 

Volume has not very encouraging with px been push to say +8cents by BBs, renkon maybe good to take some profit from here....just for day traders oni

 

dont think price will go below 1.5 now unless company gives out below analyst expectation results.
stock has moved to main board, and if u check out major shareholder transactions, several BB's have brought into it.
the price may be slightly above valuation true, but same goes for all other Oil & gas play counters like Ezra, KS , Labroy.
even if one brought above 1.6 i would suggest to wait till july if one can tahan to see how analysts rerate the counter.
good luck

 

The run up for the last few week is fast and furious, the same goes if  the price run ahead of its fundamental.

 

Fall !!! need any reason. Well get ready to.. if U 1 2 catch a falling knife, oredi 666% in profit. What somemore profit do one need to receive....got profit take 1st & also leave some for others.

Expecting to fall below 1.5

 

there was no particular reason for Ausgroup to go from 70 cents to 1.80 in 2 weeks time.
so what kind of reason will be there for it to go from 1.70 to 1.55 in 1 day .
classic BB strategy, now Ausgroup has reached its trading zone from 1.5 to 1.8.
one needs to time one's entry perfectly to make $$$

 

Any particular reason for huge fall today?  

 

it should be coming back again to retest the high.... time to load it...:)

 

hope so too

 

Tmr AG will chiong in the afternoon ! 
 

 

This old fool should change name to Greenspank... badly yearn to get spank.

 

Maybe Greenspan suffers what most people who have been in a position of power suffers from.... he just can't let it go!

 

I agree with u harryp

I dun understand y he must be such a kepo and say things wic are alredi so obvious..everyone noes china market is too hot..dats y the chinese government trying to rein them in..

But the way he times them is as if hes purposely trying to induce market corrections

smtimes i wonder if hes doing them on purpose to gain from them..there shld be regulations against ppl like him much akin insider trading regulations..otherwise any comments from them might be disastrous..n they are humans too remember n they can say wrong things..just dat too bad their words carry alot of weight..

but i guess dats freedom of speech from the land of opprtunities..