
Wonder if it will close positive today super strong downwards selling pressure, but it does look that it's holding well at 0.600..
Loaded some at 0.59 hope can earn some coffee money...
Loaded some at 0.59 hope can earn some coffee money...
No worry, this gem is good at counter attacking. 
last two day trading already prove how sudden this counter move up up and away without notice.
Now at the range of 0.585-0.625 yesterday high . this could test how strong it can hold before zoom zoom to 0.70 cent.
Watch out !!!! and GD luck vesting. 
 
Today mayb hard to climb a plus 0.015 the sold down abit big... O well hope more good news can push everything up
You have to decide for yourself on which stock to buy.
Tropical ( Date: 09-Jan-2013 00:00) Posted:
|
yeah u re right. there re many stks out there, but juz dunno which one to buy 
for short term profit.
Peter_Pan ( Date: 08-Jan-2013 18:26) Posted:
|
Also the ASX listing plans if goes through, AusGroup  shareholders stand to gain as the industry average forward P/E on the ASX is10x versus AusGroup’s 5.4x today. This represents a clear near-term catalyst. 
DMG 
AusGroup: Tiptoe into the new year (BUY,   S$0.585,   TP:   S$0.755)
Lee Yue Jer (+65 6232 3898, yuejer.lee@sg.oskgroup.com) 
Today, AusGroup greeted the New Year softly with a   A$13m contract 
announcement for fabrication work with Fugro-TSM for Woodside’s Greater 
Western Flank (GWF) project. We are maintaining our Buy call with a TP of 
$0.755. 
Project details. The project is for the fabrication of post metrology subsea spools 
for the first phase of the project which will commence immediately for a period of 
12 months. This is expected to create work for 30 new staff based at the 
Australian Marine Complex.   The A$2.5b GWF Phase 1 project is an extension of 
the North West Shelf project, and will develop the   Goodwyn GH and Tidepole 
fields. 
Small contracts have a way of growing. We are not worried about the small 
dollar value of this contract. In Australia, it is common business practice to enter 
into a project with a small amount of work, and later as the quality of work is 
deemed satisfactory, more contracts will be awarded to the contractor. We expect 
this contract to grow in the same pattern. 
A$271.1m outstanding order book today.   This is equivalent to about 4.4 
months of work by our FY13F revenue forecast. Though slightly low, we 
understand this to be the period where contracts start flowing in. Case in point: At 
end-FY11 AusGroup had a A$264m order book, and went on to deliver A$632m of 
revenue in FY12. 
Maintain Buy with TP $0.755.   Our TP is based on 9x FY13F EPS, which we 
believe to be a conservative multiple for the 33% EPS growth we are projecting on 
top of last year’s record A$23.3m profit. Today’s close of $0.585 values AusGroup 
at a historical/forward P/E of 9.4x/7.0x, a P/B of 1.3x, and a FY13F EV/EBITDA of 
3.0x. 
In contrast, Singapore-listed comparable Civmec is trading at 19x historical EPS, 
and a P/B of 6.4x. We believe that there is plenty of upside for AusGroup to close 
these valuation gaps.
Still have other stocks you can consider, don't have to buy this one if you are concern.
Tropical ( Date: 08-Jan-2013 16:30) Posted:
|
Right on target with 605 cleared. Tomorrow's target should be 65.5. Will take some profit and wait for the  sky ride 

 
 
viewpt ( Date: 07-Jan-2013 18:52) Posted:
|
Note.
Peter_Pan ( Date: 08-Jan-2013 10:40) Posted:
|
thank you for ur adv. dun worry am not gonna chase 
price when it runs up. you nvr know what's gonna happen tmr.
whereru ( Date: 08-Jan-2013 16:39) Posted:
|
yes, do not chase if price runs up.
Tropical ( Date: 08-Jan-2013 16:36) Posted:
|
that is around 0.585 to  0.595....right?
whereru ( Date: 08-Jan-2013 16:33) Posted:
|
take average price of today's opening and closing.
any buy at this price or lower shuld be good. 
 
 
Tropical ( Date: 08-Jan-2013 16:26) Posted:
|
u mean tmr or what? what is the tp for this stk?
 
Peter_Pan ( Date: 08-Jan-2013 16:28) Posted:
|
Wait for the morning scenario, but unlikely.
Tropical ( Date: 08-Jan-2013 16:26) Posted:
|
how dip? am no good at looking at chart.
 
whereru ( Date: 08-Jan-2013 16:24) Posted:
|
this is just the start, buy on dips to get on the boat....
aiyo...now already 0.615.....how to board the ship. 
what is the support and resistance?
raykee ( Date: 08-Jan-2013 16:20) Posted:
|
agreed with you. It should run earlier... I should have more profit if it runs earlier.
raykee ( Date: 08-Jan-2013 16:20) Posted:
|