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TEM - TEMPEST MINERALS LIMITED


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QUOTE (dory @ Tuesday 12/10/04 02:19pm)

Yea ... nice move above 115 resistance ... and it appears to be the norm that it will now retest 115 as support ... so whilst it looks to be getting into a nice trend ... maybe a pull back a little.

 

No announcement out ... so looks "rumour/leakage" http://www.ShareScene.com/html/emoticons/smile.gif

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Don't know the value of the contracts, but they have lost a few customers in vic over the past few months... cleaning the connex trains for one as I notice the change in the cleaning contractors T-shirts http://www.ShareScene.com/html/emoticons/laughingsmiley.gif ...then again maybe they won more, which is why the price is going up.
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Had a quick read of their annual report which gave a forecast of $8 - 11 mil profit for this FY. Overall quite positive and I am happy to see that the SP have to go back to $1.40 before the next set of options starts being of value to the executives. Hopefully they can convince some fund mgrs to get in now. http://www.ShareScene.com/html/emoticons/smile.gif
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Well ... annual report seems to given it a bit of bounce ... stopping just short of 115 ... Dooh http://www.ShareScene.com/html/emoticons/smile.gif

 

A move Nth from here will be just perfect .... just need some volume ..as past 2 days have been pretty light.

 

Between here and 132 is pretty much void of sig resistance (maybea little around 121 fro prevoius falls back in Feb '04)

 

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In reply to: dory on Friday 22/10/04 08:59am

if you look at previous announcements you'll find exactly the same announcement 6 mths ago and 6 mths prior to that. When there 6 mths expires (Oct 22) they state that the buy back wil occur in the next 6 mths and so on.

 

They prpabably can't afford a buyback right now.

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In reply to: atleast16 on Wednesday 20/10/04 01:33pm

Yup ... and now we have a break above resistance at 115 and moving to next resistance at 132. Awesome move yesterday with volume as well.

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In reply to: thekiwi on Tuesday 09/11/04 09:08am

Well ... there is the knocking on 132 resistance ... honestly didnt expect it to do it today.

 

All a bit too easy and too fast (with no volume) ... mainly caused by the total lack of sellers.

 

It could very well pull back from here ....

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