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AJL - AJ LUCAS GROUP LIMITED


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In reply to: yogi-in-oz on Sunday 26/03/06 01:59pm

Yogi,

With the 10% rise in AJL so far today it looks like you may have been a trading day out with your forecasts. Under the circumstances I believe you can be forgiven.

 

Bearto.

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In reply to: alonso on Tuesday 04/04/06 03:16pm

Alonso,

Could "a new contract maybe" be the proposed Brooklyn-Corio loop or

that some investors believe AJL have a good chance of winning it?

(See GAS ASX announcement of today) I don't know - only guessing.

Maybe I don't follow the market closely enough but it seems to me that it has to be something more than the retirement of an AJL director (not a principal director)

to send the shareprice up by 25% or so over the last few days - that is before the drop created by the announcement of the suspension of Goro project operations (AJL ASX announcement of yesterday).

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Typical for this company watch it peak in volume in price every 2-3 months then drop back to new lows. Best idea with this one is to buy at about 70c and sell at $1.00. 30% gain in 3 months is good money but of course there could be the time when it doesn't rise and you are left holding.................
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