AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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721-740 of 5048
but still close lower...
AusGroup announces Allseas contract for Chevron-operated Wheatstone Project 不 辜 负 我 们 的 期 望
lol....ann the surprise contract le
ace333 ( Date: 05-Mar-2013 16:36) Posted:
wait they surprise u with more contracts...LOL
ozone2002 ( Date: 05-Mar-2013 16:33) Posted:
saw DMG's report on this..
stating 25% correction unwarranted for this gem..
PE 7.1x still cheaper than the other auzzie svc stock listed in SG
time to relook at this baby again
gd luck dyodd.. |
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Ausgroup
It has been a while since i attempt a swing trade due to my overwhelming workload. Not sure if it has become rusty or not.
First Target 54-56 and Second Target 62-64 and third target will be above 68 (analyst price is around 73)?
Cut loss slightly below recent low.
Happy Trading.
continue to buy on weakness ... low 50s..below 50s even better
gd luck dyodd..
Tmr break 0.50 again hehe
downside limited 49c as opposed to upside of 58c..
gd luck do ur math..dyodd
lucky i took profit 0.525
based on TA, near term ausgrp indicators are oversold and looks poised to cover gap @ 58-59.5
any break above 59.5 will show that the movement upward is sustainable..
gd luck dyodd VESTED!!!
Australia: Shares hit new 4-1/2 year highs on GDP data
SYDNEY - Australian shares climbed 1.1 per cent on Wednesday to fresh 4 1/2 year highs after a record close on Wall Street, with banks and miners leading the index as upbeat domestic data and signs of steady growth in China buoyed investor confidence.
Australia's economy grew a moderate 0.6 per cent last quarter, with gross domestic product just above expectations and still well ahead of most of the developed world.
" We've seen the market move up on the back of GDP data," said Chris Weston, chief market strategist at IG Markets.
" It now gets priced into the market that we're growing slightly better than what we had been anticipating."
Last week, Ezion announced that it has received endorsements to
develop a marine supply base to support the offshore oil & gas scene in
Australia. This is a critical factor which had been delaying the award of
LNG-related contracts, and with the marine base starting operations by
September this year, contracts should start flowing again. We think the
recent 25% correction is overdone, presenting an extremely attractive
entry point.
Lack of staging ground for offshore projects now resolved. We
understand that the lack of a staging ground was a critical reason for the LNG
project delays. The offshore projects required clear land, warehousing facilities,
space for welding / painting / other jobs, and a deepwater jetty. Ezion’s marine
base will remedy this lack, and set the stage for these projects to proceed.
Expecting order flow-through. AusGroup now has a record AUD4.5bn tender
book, dwarfing the AUD0.6bn of tenders at Dec-12. The build-up of the tender
book was due to the delays of the contract awards, and we expect AusGroup to
convert about 20% of its tenders into firm contracts, providing good-margin
work for 2H13 through FY15F. Further, this week Upstream noted that Ensco
has been awarded the final Ichthys drilling contract.
Why suddenly fell back down to .525? :(
25% correction overdone extremely compelling valuations. AusGroup’s
shares have come off 25% since its recent peak, and now trades at 6.9x FY13F
EPS, 1.1x P/B, with an EV/EBITDA under 3.0x (based on current price of
SGD0.50). These are extremely compelling valuations for a company growing at
20% EPS CAGR to FY15F, ROE consistently above 15%, and a strong net cash
position of SGD0.054 per share. We believe that the reaction to the poor 2Q13
results (which included one-off expenses and variation orders) is severely
overdone, and this is the time to enter. Our TP of SGD0.73 is based on 9x
blended FY13F/FY14F EPS. BUY.
RHB-OSK-DMG
10 million done in less than an hour..
superb volume..
gd luck dyodd
ozone2002 ( Date: 06-Mar-2013 09:27) Posted:
ausgrp up 4%..to 53c.. decent volume in the early morning trade..
looking gd..
gd luck dyodd |
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LOL...jiayou for u guys
ausgrp up 4%..to 53c.. decent volume in the early morning trade..
looking gd..
gd luck dyodd
ah...starting to have people here le.....i take profit first 0.525
In addition, looking forward to Ausgroup giving a favourable update on her listing on the ASX... within 6 months from today? or longer?
