
Yes in deed, closed $1.25 (+0.08c), vol:12,678,000 share done, still think another round is coming.....

Yes in deed another came, up for two days liao and cross to test $1.20c, jus sharing my tot.
Good luck to all vested, (not vested hereat all), still think another ride is coming.....

wah u guys exited out of the ride, but im still in it just enjoying the waves the BB is creating.
cant figure out his logic. he goes up and down on 2 consecutive days.
when will he get tired and go to sleep and let this stock just relax for a while.
the SSH holders only sold out for private placement so dont think thats a negative thing.
for those still vested, i would suggest to wait till july coz thats when Annual report comes
out which should be good.
all the ang moh BBs seem to have love for Australia related stocks
Thxs.... i have also taken profits and made an exit from this stock


Take note that SSH (substantial shareholders) continue to dispose of their holdings.
i have sold ALL MY SHARES ...completely OUT from Ausgroup...TAKE CARE
My comment that this is tricky one. If i have capital i will not risk on this ML recommendation.
the way the BB's were playing see-saw when Ausgroup was in 60s and 70s ,i wonder
how much see-saw they going to play now.
anyone wants to take guesses on trading range for next 2 weeks.
What to do ? Always have to believe the big one ! When small local analysis report give out buy call, we assumes they are just "Pang Pui" only !
Really cannot believe that one day move up 20 over % !!!
ang mo brokerage house call to buy very powerful.stock move so much with a buy call.local brokerage house call to buy, stock dont move or move a bit only.ang mo very big guns??.
today, .... i rest my case

Here's why it rocketed today.
Merrill Lynch
Initiate with a Buy and 12-month PO of S$1.10
AusGroup provides engineering construction, maintenance and industrial services
to the oil and gas and mining sectors in Australasia. We are the first foreign
broker to cover the stock which we believe is under-researched.
Leveraged to boom in LNG, mining and deepwater
AusGroup should continue benefiting from the robust pipeline of projects in
Australian oil and gas, LNG and mining given its solid execution track record and
manufacturing expertise. The acquisition of Cactus Engineering, a subsea
production equipment manufacturer in Singapore, also gives a unique exposure to
the booming subsea oil and gas market globally (especially deepwater) which is
expected to grow by 41% over 2006-11.
Strong earnings growth and margin expansion
We forecast AusGroup to deliver a net profit CAGR of 42% over 2007-09, with the
core business in Australia still driving 70-80% of earnings. We also expect net
margins to expand from 4.7% in FY06 to 9.1% in FY09, largely due to margin
accretion from the higher margin subsea equipment business of Cactus.
Attractive valuation; 49% potential upside
On our estimates, AusGroup trades on 7.7x 2008 earnings, a compelling 46%
discount to its peers in Asia Pacific. We believe this valuation fails to reflect
AusGroup?s long-term growth opportunities and margin expansion potential. Our
DCF-based PO implies a P/E of 14x 2008E earnings.
Risks
A downturn in the oil and gas and mining sectors, project execution risk,
departure of key management, lack of skilled labor and M&A risk.
Volume up, Price up! Good Sign! Should heat $1 soon
What happened to this share? It surge 10% and vol is high.
Bot @ a high tdy after it break through, but now losses, any opinions what i shld do then? Thkq.
No holding power, :(.
Or mebbie another double top like in the month of Feb. :p
imho, I need the price to break past 0.80 convincingly before I would jump into the wagon.
i think that it is testing 80 to 80.5 cents range. If tomorrow or the coming week, it manages to break this test point, we should expect an uptrend. In fact, i would believe that most of the charts are pointing up. Anymore TA specialist to take a look at this counter?
the rebound today was as fast as the profit taking yesterday,
could there must be more than meets the eye,
warrants position taking, for mid term, if pullback happens, if
not then will be happy with current position, (since 30+, out at 70+
and re-entered at sub 60 cts, in previous correction)
the technicals, especially the weekly chart (will be completed after
tomorrow's trading) will lend credence to my bullish view
think it will retest new high, $1 is sure to come,..just my opinion...

any non chartist can see it even
it is written all over the charts
60 minutes, daily and weekly
the clearance of 78.5 cts was a breeze and
the retest of recent of high of 80 cts is
as sure as the sun rises
we wait and see what new high it will come to
remember UOBKH tgt is $1.02
and Westcomb at $0.96 cts