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Latest Posts By ozone2002
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| 05-Nov-2009 11:50 |
GLD USD
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Gold going up this year?
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Gold hit 1090.. it's time for wealth preservation.. Don't wait.. Park ur money in gold .. the only credible currency.. |
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| 04-Nov-2009 10:34 |
Midas
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Midas
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Midas is forming the 2nd leg of the W.. watch the rebound DYODD | ||||
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| 04-Nov-2009 09:54 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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Ausgroup (S$0.62) - 1Q10 results- Improvements expected after gloomy quarter Results below expectations; but maintain Outperform. 1Q10 net profit of A$1.7m (- 70% yoy) was 50% below our expectation and 60% below consensus due to weakerthan- expected order-book recognition. We lower our earnings estimates by 10-37% for FY10-12 to incorporate lower order-win assumptions. Accordingly, our target price drops from S$1.08 to S$0.96, still based on 13x CY11 P/E, its average since listing. Nevertheless, we retain our Outperform rating as we expect margin expansion and an acceleration in order wins from LNG and mineral projects in Australia by mid-2010. Revenue below expectations. 1Q10 revenue of A$74m (-43% yoy) was below our expected A$82m due to a slower-ramp up of projects and order-book recognition mainly from the mineral resource sector. Improved gross margins. 1Q10 gross margins of 14% improved 9% pts yoy thanks to productivity gains. We see the potential for further margin expansion if more high-margin contracts from the oil & gas sector are executed. Order book of A$350m; A$60m secured YTD. The order wins were below our expected A$150m. Ausgroup had bid for A$600m worth of projects in 1Q10 and plans to submit another A$700m-1.1bn by end-FY10 for projects in the oil & gas and mineral resource sectors. We have lowered our order-win assumptions for FY10 to A$400m (from A$540m) and A$500m for FY11 (from A$540m). We expect a pick-up from 2H10 from a recovery in Australia’s mineral resource sector as projects are revived. Positive sector outlook. We continue to see Ausgroup as a key beneficiary of a surge in capex in the Australian LNG sector. Ausgroup recently secured a A$30m contract from the Pluto LNG project and is bidding for A$1bn of fabrication work for the Gorgon project. We see positive newsflow in the LNG sector providing stock catalysts. | ||||
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| 04-Nov-2009 09:25 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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ausgrp technically oversold.. poised for upturn.. dyodd | ||||
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| 03-Nov-2009 17:07 |
Citic Envirotech
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United Envirotech
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that's a S$50 mil project.. if there's a divergence.. good news with price going down.. a clear signal to buy.. hope u seize the opportunity before someone realises and pushes it up.. Be the leader not follower..
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| 03-Nov-2009 16:34 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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ditto! make money when the index falls :)
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| 02-Nov-2009 15:01 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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Go ausgrp! make money for papa :)
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| 02-Nov-2009 12:57 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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hedge ur bets with index put warrants | ||||
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| 02-Nov-2009 11:48 |
Sakari
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Straits Asia
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DBS issued buy call with TP @ $2.89.. definitely can hit $2... dip represents buyin opportunity as their results are excellent and will continue to be so.. Commodities will be in play as economies recover..
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| 31-Oct-2009 08:24 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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i rather profit from the market than be unpopular.. it pays to be a contrarian (making money from the markets is not a popularity contest) |
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| 29-Oct-2009 22:52 |
Sakari
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Straits Asia
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looks good for an entry today.. $1.86 good price..
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| 29-Oct-2009 22:50 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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did anyone enter as recommended? :) good to go!
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| 28-Oct-2009 19:26 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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I was so tired of saying it.. SELL INTO STRENGTH.. now i can say i told u so :) |
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| 28-Oct-2009 19:24 |
Citic Envirotech
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United Envirotech
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there's one thing i noticed abt UTD look at the MFI indicator, despite a decline in price, the MFI indicator is showing an uptrend. This is divergence, goes to show this is a weak decline as money is flowing into the stock, we should see utd rebounding.. look out for it.. |
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| 28-Oct-2009 19:17 |
Citic Envirotech
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United Envirotech
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hit strong support @ 37c.. if it breaks this level, free fall.. |
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| 28-Oct-2009 19:12 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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wow ausgrp @ 63.5! wat a steal.. technically oversold.. will start to move up soon as technical indicators will be poised for an upturn.. |
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| 28-Oct-2009 19:10 |
Sakari
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Straits Asia
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I agree.. technicals are poised to turn upwards after correcting.. technically oversold.. good call!
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| 27-Oct-2009 20:37 |
User Research/Opinions
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OZONE2002 Blog
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Hi SJ forumers, Just like to announce that I have setup my blog for those who are interested to read about my investments and opinions on the markets and economy in general. Please feel free to visit my blog below http://ozone2002.livejournal.com/ |
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| 26-Oct-2009 23:18 |
Citic Envirotech
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United Envirotech
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i accumulated Utd again from 39c onwards.. if u read my recent posts or have followed my investments.. TA wise waiting for indicators to turn downwards b4 disposing off.. right now the indicators are turning positive (looking bullish) in anticipation of a move up.. |
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| 26-Oct-2009 22:43 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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anybody bothered to watched these?
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