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atleast16
Posted on: Jul 7 2021, 12:15 PM


Group: Member
Posts: 227

Those of you interested in the West vs China relationship, this 2 part article gives a good background of US policy and why China is taking a stance in Spratleys. The second part is coming out later this week. Those lazy to read...my summary..The Wolfowitz Doctrine which came out after end of Cold War with the collapse of USSR, essentially enshrines US domination of the world, preventing the rise of a rival by ANY means.

https://www.manilatimes.net/2021/07/01/opin...t-china/1805220
  Forum: Off Topic Chat

atleast16
Posted on: May 28 2016, 12:57 PM


Group: Member
Posts: 227

I hope that GXY won't end up in a similar way to my "once upon a time" investment in CST (are some of the posters then still around?) GXY has finally got their eggs laid out in a row and all they have to do is to nature it along till it hatches, and shareholders will be happy.

However, I can easily see a bigger co make an offer to the major shareholders and reap bigger rewards down the track.
  Forum: By Share Code

atleast16
Posted on: May 10 2016, 08:07 PM


Group: Member
Posts: 227

Australia has around 160,000 NET migration (ABS 2014-2015), I see no reason why 150,000 pa is not sustainable in the next few year. So...ASSUMING 3 person per household unit, that is 30,000 places that is required. Also assuming the split of the growth is Syd/Melb/Bris/others is 30/30/20/20,
Sydney & Mel would need 9,000 units each per yr to house the growth.

So, will you see a crash coming? I think not. A slowdown, yes, but within 1-2 yrs, it will soak all the excess there is.
  Forum: Investment Discussion

atleast16
Posted on: Jul 15 2011, 10:59 PM


Group: Member
Posts: 227

Hi Whisper,

The only info I got from Vic was to the question I asked....how to get to the investorvote site as I did not have the reference no to login. As indicated in my earlier post, I did vote "No" to the initial scheme. I am now voting "Yes". I hope to channel my efforts to finding another co/s where I can invest most of of the payout.

  Forum: By Share Code

atleast16
Posted on: Jul 14 2011, 10:53 AM


Group: Member
Posts: 227

Thanks to Forrest, I managed to change my online vote.

The control number is 184912 which is what I needed!
  Forum: By Share Code

atleast16
Posted on: Jul 14 2011, 10:31 AM


Group: Member
Posts: 227

Just wasted 20 minutes waiting on the phone to computershare to clarify a problem I have...I threw away the voting information when I did my on-line vote a few weeks ago. Hence, I now do not have the reference no needed for the investorvote website. I notice that there is no link from my holdings information on computershare website, to the voting page.

If I don't change my vote this few days, I won't get to do it as I'm travelling. Any suggestions, other than having to wait for a person to answer my question on the phone??
  Forum: By Share Code

atleast16
Posted on: Jul 12 2011, 02:31 PM


Group: Member
Posts: 227

The reasoning that make me vote yes are a combination of:

  1. The higher offer makes it LESS bitter as it now covers some part of my cost (I have been buying from $1.60 many, many moons ago)
  2. As Gavin Ross indicated, 11% of the shares are now with the hedge fund. If the vote goes "No", most likely the share price will stay below the offer price for at least a year or more...unless there is a new play. My 2 cents...If the vote goes "Yes", what's stopping a bidding war (wouldn't it be nice) as the hedge fund can deliver this block of shares?


  Forum: By Share Code

atleast16
Posted on: Jul 11 2011, 12:59 PM


Group: Member
Posts: 227

Thanks to all for the higher price. Not the $4 I wanted but the increased bid is welcomed. I will accept it and move on. Life is too short and precious.............
  Forum: By Share Code

atleast16
Posted on: Jun 23 2011, 12:52 PM


Group: Member
Posts: 227

One of the emails .....

You have recently visited InvestorVote to cast your vote online. Please find confirmation below.

Company: Cellestis Limited

Date lodged: 23/06/2011

Your vote was recorded as follows:





Appointee 1: the Chairman of the Meeting



Item 1 "That pursuant to and in accordance...AGAINST

Thank you for voting.

Computershare Investor Services


  Forum: By Share Code

atleast16
Posted on: Apr 4 2011, 01:15 PM


Group: Member
Posts: 227

I too have a bit of interest in CST for at least 8 yrs and I am a bit disappointed at $3.55. At this time my "hope" for a takeover price would be more in the mark of $4.50.

However, the directors may have no choice in making a sell recommendation because it can be shown that a) the offer is at a "significant premium" to what has been trading at, and b) there is no other offer in place. If they did not do this, it can be shown to be negligent in their duties if the offer was rejected and the buyer walks away and no other offer came up. We live in a market economy and all the relevant facts are available for all to assess the "value" of CST. So the best way for someone or entity to show their belief that it is under priced is to buy on the market and let the price stay higher than $3.55.

My piggy bank is empty, so $3.55 is what I may have to accept.....so if anyone have contacts or influence in other big biotechs, let them know there's a bargain to be had downunder. Let the bidding war begin!
  Forum: By Share Code

atleast16
Posted on: Nov 10 2010, 03:43 PM


Group: Member
Posts: 227

On the assumption you have $30k to put into the market with a 8-12mths timeframe, would CST be a company you would put the $ into (taking a risk/reward assessment)?

I was asked this question when I suggested to a friend that they look into CST. My comments was...the dividend "paid" justifies the current price. If they announce the next interim at say 5-6 cents (my hope...if not more, if they don't continue to keep increasing their reserves) then it will move into the $3's.

Other views?
  Forum: By Share Code

atleast16
Posted on: Aug 19 2010, 08:31 AM


Group: Member
Posts: 227

This depends on the timeframe. Profits announced are about 50% down from last year. Not surprising when you look at the market conditions. However, as our good PM would say, moving forward, they did indicate that there are signs for an improvement in pulp demand.

There was alot of shares changing hands when their price was in the 35-50 cents range, so there will be a lot of temptation for short-term holders to cash in their profits on any upside price movements.

I would buy on weakness in the current price as I feel it's not a company that will go bust....my 2 cents.
  Forum: By Share Code

atleast16
Posted on: Jun 27 2010, 10:11 PM


Group: Member
Posts: 227

If it's 70% of CURRENT free cash is OK for this stock, as long as it's not 70% of your portfolio. Hope it does a Gunns (GNS) for you.

Noticed that some of the other directors were doing some buying as well at these levels. So, the signs are not all bad. Their forecast profit is about 20% of their stated target last year, so not surprising for the dumping of shares. I may consider buying some too at these levels for the up side.
  Forum: By Share Code

atleast16
Posted on: Jun 23 2010, 09:18 AM


Group: Member
Posts: 227

This is a beautiful summary. Simple and concise. Gosh, I'm surprised if some finance journalist don't pick this up for their article!
  Forum: Investment Discussion

atleast16
Posted on: May 20 2010, 10:14 PM


Group: Member
Posts: 227

I dipped into my piggy bank today to do my bit in making sure the resistance holds biggrin.gif
  Forum: By Share Code

atleast16
Posted on: Apr 28 2010, 05:40 PM


Group: Member
Posts: 227

One observation from an auction in Frankston (abt 30km from Melb) past weekend. A smallish 2br unit was passed in, last bid was around $230k....very affordable you would think. The sellers were looking for around $280k. There was certainly no "heat" in the bidding there. The start of a cooling off, or cannot read from one isolated event?
  Forum: Investment Discussion

atleast16
Posted on: Dec 17 2009, 03:18 PM


Group: Member
Posts: 227

Any comment about the 2 directors getting 5% of GROSS revenue? This could mean that even if a deal was done at a loss to prove the technology, they still get rewarded. May have a conflict of interest issue?



  Forum: By Share Code

atleast16
Posted on: Oct 6 2009, 07:57 AM


Group: Member
Posts: 227

My observation, the overall price rise in Melbourne correlates with the increase in immigration and foreign students. I did some "back of the envelope" arithmetic:

I guesstimate that there are about 90,000 foreign students in Melb. Assuming a number of 3 students to one apartment/flat house, that's 30,000 houses. If there was a 10% drop in numbers, it would account for 3,000 empty lodgings. Imagine what would happen to rent prices if all of these came to the market within 2-3 months. Lower rental, means lower valuations.

"No that won't happen" I hear a bird say.... Why do you think that it warrants the premier of the state to fly to india on the recent racial bashings. A possibility (remote, but real with some wierdos around), some random racial profile attacks on chinese & indian students, occurring within 1-2 months. If this happens, I can assure you that the numbers I raise will happen.

Go talk to your friends or contact that work in unis/colleges and ask them if indian students enrolments are down on same time last year.

I don't want this to happen as I love the diversity that Melb provides.
  Forum: Investment Discussion

atleast16
Posted on: Oct 2 2009, 08:14 AM


Group: Member
Posts: 227

I do agree that they need some bigger numbers. Their announced expansion to the US mean that they have to put aside at least $10M just to cover their first year of operation. Looking at their employee numbers, it's HUGE overheads they have.

Anyway, I did pay up a small amount for my super in the SPP. So I am here hoping for some reasonable upside.
  Forum: By Share Code

atleast16
Posted on: Sep 4 2009, 08:58 AM


Group: Member
Posts: 227

Maybe someone can clarify this point.

I remember reading an article when the GFC just started, that govt GDP figures (hence all statistics that uses it eg. % of debt/GDP) are errorneous and misleading because of derivatives.

A simple explanation was given like (my version) $100 of debt was sold on for $200, was sold on for $400. So what was $100 is now accounted as $700. No new houses, goods was produced by the derivatives, out of nowhere, the GDP went up exponentially.

There is reluctance by politicians to address this issue as the govt of the day would not like to be seen that their country’s GDP figure went backwards on their watch, and having to explain to the man in the streets what has occurred.

So, a seemingly reasonable net debt of 15% gives the common person a false sense of security on the country’s economic standing. Obviously, the main countries affected are first world "developed" economies ...telling "poorer" nations how to suck eggs.

  Forum: Investment Discussion

atleast16
Posted on: Aug 19 2009, 04:59 PM


Group: Member
Posts: 227

May have to "re-adjust" my view about prices coming down, or at least the level it may drop. Found out that new federal legislation that came into effect recently (this year?) that now makes it easier for foreigners to buy up existing property. Previously, they can only buy new developments. However, the new rules allow even temporary residents (eg. students..where their parents could send money to them) to buy existing properties. So now the locals have to compete with overseas money. The new money from asia will keep prices up.

  Forum: Investment Discussion

atleast16
Posted on: Jun 3 2009, 03:34 PM


Group: Member
Posts: 227

ISF may be one of the largest IT health company, but like ERG (bless it's soul) is not given much recognition by health officials here in Aust. Do anyone have a listing of the major hospitals in Aust that uses them or even a % figure of public hospitals that uses it?



  Forum: By Share Code

atleast16
Posted on: May 27 2009, 09:08 AM


Group: Member
Posts: 227

These are great statistics! The demand for TST test will be a lot lower (replaced by QFT), if someone can convince a change in procedures for TB testing of foreign medical students. A friend's family member was accepted into 1st yr medical at Uni NSW, and they have to get a TST test.

Just a rough estimate, there would be at least a thousand new international medical students coming to Aust every year. I suspect other health related courses would also require TB testing, which would mean quite a significant volume of testing year on year (...good repeat business!!)
  Forum: By Share Code

atleast16
Posted on: May 13 2009, 05:40 PM


Group: Member
Posts: 227

I have previously expressed my view similar to BC on my "perceived" lack of marketing expertise in the CST organisation. This did not mean that I stopped or reduced my investment in the Co. On the contrary, I have been topping up when funds allow me to since the beginning of the year. The primary reason is I do believe that sales will continue to increase, though not exponentially as we all hope, but strong enough that market will soon take notice.



It will be of great interest to me if/when the company gives an indication of how sales in Japan is performing. It will give us another perspective of how our company handles the sales and logistics in this very important market.



Happy to be holding….but phew, the dip to sub-$2 was a bit distressing. Luckily I did not lose all faith and did top up a bit….sometimes wondering if only a handful of us was keeping the price from falling even further ;-) …..joking only!

  Forum: By Share Code

atleast16
Posted on: Apr 29 2009, 10:09 AM


Group: Member
Posts: 227

Having just got on to this thread, I do agree with your comments here about getting into the investment property market in the near term (next 6-18months). I would like to see at least a 10-15% correction in the lower priced housing market (under $500k) as I see there is no rush to get one now:

Extract from today's SMH article:
The Reserve Bank last month said arrears rates on mortgages continued to climb, but were at relatively low levels overall. About 20,000 mortgage-holders were more than 90 days behind on their loan at the end of December, compared with 13,000 the year before.







  Forum: Investment Discussion

atleast16
Posted on: Mar 28 2008, 08:19 PM


Group: Member
Posts: 227

In reply to: happyjack on Friday 28/03/08 08:36pm

I use it maybe 3-4 times a year. Last time I used it was about 2 weeks ago.....(except just now to see if it has changed!)

No, I do not have any issues with it....and I am not a gen X or Y person.

There's alot of info they are trying to present on a screen, so there is not much space to use a large font. I'm OK with what they have at the moment.

  Forum: Off Topic Chat

atleast16
Posted on: Mar 25 2008, 04:12 PM


Group: Member
Posts: 227

In reply to: coach on Tuesday 25/03/08 02:17pm

If you read the announcement, this contact is a renewal of a contract they have currently. So no net gain....status quo. While it is good news, it does not warrant a jump in the sp.

It's been a few months since any announcement of a new big contract. May indicate that mgmt is still busy bedding down isoft and putting out fires as opposed to putting effort in growing the business. New business announcement is what will make the sp go way back up.

  Forum: By Share Code

atleast16
Posted on: Feb 27 2008, 12:30 PM


Group: Member
Posts: 227

The market did not like the results and has hammered the price. Looks like its coming to a level where I feel warrant getting back in.

Points:
- Some risk in refinancing.. higher interst rate. Although an 18 mths timeframe was given, some will probably be earlier.
- unsure what links AEP has with Allco finance. Then they are playing down the need for this.
  Forum: By Share Code

atleast16
Posted on: Dec 21 2007, 07:51 AM


Group: Member
Posts: 227

Wed announcement is an extension of iSoft existing contract. While nice to hear (as I'm sure they won't put out an announcement where they lost a contract....will they or have to?) do not add more value.
  Forum: By Share Code

atleast16
Posted on: Dec 20 2007, 07:50 AM


Group: Member
Posts: 227

In reply to: zoro on Wednesday 19/12/07 11:21pm

The iSoft deal is exactly (IMO) why it has not moved. All this talk of sub-prime makes people think about the funding issue of the iSoft purchase and the potential that a 1-2% interest rate rise (opinion only) that IBA may have to cop in the funding....hence bottom line.
  Forum: By Share Code

atleast16
Posted on: Dec 17 2007, 04:03 PM


Group: Member
Posts: 227

Dipped my toe in for my smsf today. Even if they have to cut their dividend 50%, it's still good....if it doesn't go under tongue.gif As was mentioned, they have high occupancy and I'm taking a longer term view.

  Forum: By Share Code

atleast16
Posted on: Oct 16 2007, 08:21 AM


Group: Member
Posts: 227

In reply to: watchmaker on Monday 15/10/07 01:46pm

Agree that they may have a captive audience when retro fitting premises.

But the acquisition is for (my interpretation) manufacture/distribution of potentially millions of bulbs. Very different to integration/software work. Plus their captive audience will not consume this type of volume.
  Forum: By Share Code

atleast16
Posted on: Oct 15 2007, 08:12 AM


Group: Member
Posts: 227

Isn't this a change in direction for INT? Until this announcement, it has been an integrator that specialise in monitoring & reporting software aimed at the utilities industry. This deal now says it wants to be a consumer/industrial product distributor.

Where's the synergy?
Isn't this market (energy efficient bulbs) is getting flooded by cheap imports from China?...which is great for us consumers!
  Forum: By Share Code

atleast16
Posted on: Aug 30 2007, 08:26 AM


Group: Member
Posts: 227

Just a caution that a purchase of this size, relative to IBA's current size may cause indigestion.
  Forum: By Share Code

atleast16
Posted on: May 22 2007, 08:16 AM


Group: Member
Posts: 227

In reply to: redpencil on Tuesday 22/05/07 08:32am

I agreed with your "forecast" RP when you expressed it & so waited for it to happen. Anyway, I now have put in a new "bet" for my own benefit that I can get 20% or better return by year end tongue.gif
  Forum: By Share Code

atleast16
Posted on: Mar 23 2007, 07:33 AM


Group: Member
Posts: 227

In reply to: bigmumma on Thursday 22/03/07 05:54pm

I agree that all looks good for this year. However, I generally have some reserve for the unpredictable. I made a decision about 2-3 weeks ago that I will use all of my reserve if the price dropped below $3.20. I got "mildly" excited when the world stock market crashed, hoping that some nervous holders will sell out devilsmiley.gif

Did not have much time then to look around and missed out on other opportunities sadsmiley02.gif
  Forum: By Share Code

atleast16
Posted on: Mar 22 2007, 04:38 PM


Group: Member
Posts: 227

In reply to: henrietta on Thursday 22/03/07 02:47pm

Dammit! I was hoping to get more in the lower $3-ish over the last 2 weeks as I felt is was the last chance to get in at these lower prices.

Oh well, have to be happy with what I have in my collection tongue.gif
  Forum: By Share Code

atleast16
Posted on: Feb 22 2007, 08:25 PM


Group: Member
Posts: 227

I subscribe to what FG has said, but would like to add:

There is a "small" obligation for directors to ensure that an existing shareholder, at any point of time, have a chance to sell their shareholding at a reasonable market price. We could argue what is "reasonable". One way to acheive a "reasonable" price is to ensure a healthy buying/selling market for CST shares, and one way to acheive this is to provide some PR on what the company is about and their performance so far. I do not think that lodgement to the asx of company results equates to PR. Consider what Bill Gates have done with every major release of Windows.. is he misleading the world when he spruiks how good his product is? Or why ANZ or NAB provides analyst briefings on how well the company is doing and what they want to acheive in the future?

I certianly do not want the directors to think about the SP every day/week/month, but I'm sure there's enough time to ensure that some effort can be made to better promote the Co.

  Forum: By Share Code

atleast16
Posted on: Jan 18 2007, 07:44 AM


Group: Member
Posts: 227

I agree with what bayhunter have pointed out. However, another "small" issue made me sell out of my position this week (happy with the return...thank you IBA). This relates to the recent asx "show cause" response. By the fact that the directors or the co senior management are not 100% deligent about the timeliness of reporting changes in share holding, indicate a slackness/attitude that is a warning flag.

I respect the fact that they have grown the co and positioned it for further growth. However, growth brings it's own management challenges and I am happy now to be on the "wait & see" camp.

  Forum: By Share Code

atleast16
Posted on: Oct 2 2006, 08:46 AM


Group: Member
Posts: 227

A random note (I'm not in the medical field...so excuse me if it's off-track)....once upon a time I was involved in some technology product marketing. One rule we ALWAYS stuck to was, never talk about your next version of your product as it will only encourage potential clients to have a mind set of "lets wait for the better model". You can discuss in broad terms, the development trends and leading R&D that the company is involved in, to show the quality & depth of the company/product line.

Looking at CST, when it has QFT, it was talking saying how well QFT-G would be. So most of us excused the sales level of QFT, and looked at the blue sky that QFT-G would bring us to. Now QFT-G is out and approved, we all being lured into waiting for IT to be accepted to see bigger sales.

Now put yourself into a position of writing a process and procedue guideline for the treatment of latent TB to be published next week/month. Your guideline will be distributed to thousands of people and in turn would have to train/inform many more. Your guideline will cost millions of dollars in time/effort to deploy. You are in a no-win situation. Write and say that QFT-G should be used, and be rediculed as short-sighted when IT is accepted in 4, 6, 8.....months time?

  Forum: By Share Code

atleast16
Posted on: Sep 6 2006, 04:46 PM


Group: Member
Posts: 227

I have stopped trying to figure the market out and comparing one co to another. So, I've jumped on the IBA band wagon. Only "logic" I see when comparing it with TNE, are a) the health care sector has deeper pockets, b) IBA has shown that it's playing in a big way to capture some portion of the international market (read.. a bit of "blue sky").

Since, I last commented about TNE, IBA has announced some profits, so there is some credibility on their strategy.

Having said the above, TNE pays a respectable dividend, and if you bought in to it early this year, you have nothing but smiles smile.gif smile.gif
  Forum: By Share Code

atleast16
Posted on: Aug 25 2006, 08:57 AM


Group: Member
Posts: 227

In reply to: SunRa on Thursday 24/08/06 05:40pm

The anticipated earnings and resulting PE was one of the major reason of the timing of why I bought in.
  Forum: By Share Code

atleast16
Posted on: Aug 22 2006, 09:04 AM


Group: Member
Posts: 227

I rate the newsletter around the 60-70% mark. While it is positive, it did not really satisfy my need to be informed. A newsletter should, in my opinion, be used to restate information for less informed shareholders as well. There should be a section about sales and financials. Nothing too complex which can be left till the annual report. Eg, I would get 2-4 sentences to be added into every newsletter by the following people...the CFO, the person in-charge of sales/marketing & the person in-charge of production. Nothing that gives away company secrets and could be restating in simple terms what is available publicly.

The directors may not be marketing savy, but they should have people in their team who are.
  Forum: By Share Code

atleast16
Posted on: Jul 19 2006, 10:27 PM


Group: Member
Posts: 227

Hello to all IBA-ers, my first post on this as I bought a small interest in this stock recently.
The company first came to my attention about 3-4 years ago when I was at St Vincent (public) in Melb and learnt that they were one of the early users of their software. the 2 persons I talked to (IT type) were quite positive with their comments.

Anyway, I followed their ups & down over that time and was (another hard luck story) going to buy in on their lows when the price was in the 30's when the Kodak JV was wound up. Story then was I got very busy workwise and before I knew it, all the good news gushed out and the price got past $1 (kicked myself of course). I did not buy in then as I felt then that the price has shot up too fast and was fairly priced. Then came the capital raising (which in hindsight, was clearly going to happen with all the talk of expansion) bring the price down to these levels.

So, now I'm in and would like to see the rush of good news again tongue.gif tongue.gif
  Forum: By Share Code

atleast16
Posted on: Jun 2 2006, 05:19 PM


Group: Member
Posts: 227

In reply to: daf12398 on Friday 02/06/06 11:48am

Below is the extract form today's Age. I do not see any assertion on Mr Yii being a conman. It draws reference to a missed opportunity and expensive bungle due to the inability to raise funds for email metering. Name calling is very lucrative for the learned profession.

Extract:

Intermoco in limbo after funding flop

WHOOPS, the lights have dimmed again at Intermoco, the technology company that is commercialising its advanced automatic meter-reading system.
Directors have confessed to a patient stock exchange that Newpage, a major shareholder controlled by Intermoco managing director Martin Yii, had not been able to take up an ambitious $39 million placement of Intermoco shares and notes by the May 31 deadline.

Newpage had been working on raising the cash it needed since early December and, while it has advanced some cash, Intermoco has yet to issue any shares. Newpage had previously indicated the delays were caused by "international banking approvals and foreign exchange regulatory approvals".

The funding failure leaves Intermoco in a perilous position. At March 31 it was down to its last $55,000 and revenues, while they have been growing, were only running at around $1.6 million a year.

Intermoco missed a prized opportunity in 2003 when it tried to buy Email Metering, a world leader in electricity meters. It forked over its last $3 million as a deposit, only to find a proposed Malaysian investor could not come up with the other $52 million needed.

Intermoco extended the deadline three times before Smorgon Steel and OneSteel decided to sell Email to Cameron O'Reilly's Bayard Capital.

Thanks to a few more acquisitions since, Bayard is now the world's largest maker of electricity meters. Them's the breaks


  Forum: By Share Code

atleast16
Posted on: May 17 2006, 08:29 PM


Group: Member
Posts: 227

I added to the depth today tongue.gif However, I checked up on the volume in stocknessmonster.com just now and noticed that my trade did not tally in the accounted volume for today. I got it thru comsec so presume that it should show the volume I bought at a certian price.

Anyway, I notice that CST has a tendency to overshoot on the short term on both the upside and downside (thinking of it, so do the market in general). Notice the run up from the high $2 to the mid $3 late last year, then dropped back near the $2.60 capital rasing price, then again running up to the mid $4 and now dropppping back to the mid $3. I don't trade CST, but helps me decide when I should top up on my holdings as I am optimistic with this, especially what I expect will be the move into profitability in the 12 months.

My II cents!
  Forum: By Share Code

atleast16
Posted on: Apr 26 2006, 09:13 PM


Group: Member
Posts: 227

Good discussion on what "cash" is. From some of my experience in export markets, many exporters/importers secure their orders by asking for/issuing Letter of Credit. So when do you account it in the cashflow reports? 1. When it is cashed (which is the logical point) 2. Goods sent out, 3. Confirmed receipt, etc.....

Whatever the answer, the latest figure is GOOD in my books.
  Forum: By Share Code

atleast16
Posted on: Mar 29 2006, 07:37 AM


Group: Member
Posts: 227

Was given a tip to trade this stock about 2 months ago. Unfortunately was too busy to do it. The run up was due to the activities of only a handful of "committed" buyers as I am lead to believe which, I am guessing, got the 3 cent placement.

Those holding, just remember that $900k working capital won't last too long with this mob. cool.gif
  Forum: By Share Code

atleast16
Posted on: Mar 17 2006, 10:11 PM


Group: Member
Posts: 227

In reply to: Lizard on Friday 17/03/06 12:10pm

Sold my smallish holdings recently. I got those on their IPO, so quite happy. Got out mainly because a) the original owners have sold down their share holding and b) their expected growth was not too impressive considering the resources boom.

Hope it does well for you, but I just think that there maybe better investments. Their dividends have been good so far.
  Forum: By Share Code

atleast16
Posted on: Feb 15 2006, 03:01 PM


Group: Member
Posts: 227

In reply to: bartm on Wednesday 15/02/06 09:32am

Hi bartm,

If you want to get personal....any monkey that has eyes can see that over a year and a half ago their sp was around the $32 mark. So what excuses is there for only a 10% increase in sp over a period where it cannot even keep up with the ASX200.

The point you are missing is that millions of dollars are spent on a simple act of changing a logo. There maybe a debate on what is a good logo and what the new logo represent, but the question is for the management to articulate and justify it.




  Forum: By Share Code

atleast16
Posted on: Feb 15 2006, 07:55 AM


Group: Member
Posts: 227

What do the "smaller" NAB shareholders think of the multi-million spending on a the new logo? I cannot figure out how they ever chose the new logo with a courier-type font. Only excuse I can find is that the fashion of the 60's & 70's are making a come back thumbdown.gif

I think that the mentality of the board room is reflected in this decision. Unwilling to make any bold changes, and still backward looking.

At least we know that some advertising executives handling the NAB account will have new Beemers or Mercs this year.
  Forum: By Share Code

atleast16
Posted on: Jan 17 2006, 08:38 PM


Group: Member
Posts: 227

In reply to: bloodclot on Tuesday 17/01/06 07:21pm

I'm burnt so bad with this co that don't even own up to hold them tongue.gif

Lucky for me my other stocks have performed to leave my portfolio neutral (which is terrible on a bull run!!!)
  Forum: By Share Code

atleast16
Posted on: Nov 8 2005, 08:34 PM


Group: Member
Posts: 227

I reckon the most important point is "what date are we basing our share price competition for 2005?" biggrin.gif
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atleast16
Posted on: Nov 7 2005, 05:31 PM


Group: Member
Posts: 227

The agm must be good to get the price up today smile.gif

The PR machine is cranking up as the CDC guideline story was put as the reason to "Buy" in Melb's MX magazine tip of the day. The reccomendation was from John Edwards, Macquarie Financial services (isn't he from the other mob who promoted CST during listing?)
  Forum: By Share Code

atleast16
Posted on: Oct 28 2005, 08:11 AM


Group: Member
Posts: 227

It is all about management credibility. You can give excuses/reasons why expected performance was not up to expectations. Once is fine, twice you are on notice (people with less tolerance will by now at least half their holdings), the third time is bail out time.
  Forum: By Share Code

atleast16
Posted on: Oct 26 2005, 08:47 PM


Group: Member
Posts: 227

The program gives you the warm and fuzzy. But its the licensing/marketing deal that will bring the sp back to the good old days of 70-80 cents!
  Forum: By Share Code

atleast16
Posted on: Aug 30 2005, 06:27 PM


Group: Member
Posts: 227

In reply to: nifty49 on Tuesday 30/08/05 07:07pm

His impact is only short term unfortunately. In some aspects, its a pity if there is a rise next week as I am expecting to liquidate from one of my holding to get more of CST.
  Forum: By Share Code

atleast16
Posted on: Aug 24 2005, 08:30 AM


Group: Member
Posts: 227

In reply to: badger on Tuesday 23/08/05 11:46pm

One area from the report...inventory, raises the question....how fast can an order for QFT be produced? I notice that the value of what they have in inventory is about 3x from the previous year. On one hand it is good they are keeping inventories down (good cash management). If you look at ratios, last year the stock to revenue figure is about 10x, this year is 7x. Which means it's not as efficient, but then could be explained that they are expect more orders.

What can I deduce?...nothing at this stage wacko.gif (must stop looking at numbers and thinking that the Da Vincci code is somewhere in there)
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atleast16
Posted on: Aug 10 2005, 10:52 AM


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Posts: 227

The latest newsletter makes interesting reading. It gives a very good snapshot of where they are at in the various markets for qft-g. Overall a great confidence booster that the ship is well on course and the weather outlook is for some fine sunny days with a gentle summerly breeze tongue.gif

My expectations/hope for sales for this qtr should be at least another 40-50% more than the one just reported.
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atleast16
Posted on: Jul 29 2005, 12:09 PM


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Posts: 227

More RED ink grrr.gif Maybe they should stop reviewing and start delivering!!
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atleast16
Posted on: Jul 29 2005, 08:34 AM


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Posts: 227

In reply to: bloodclot on Friday 29/07/05 01:08am

The "soon to be announced" licensing deal is aimed at avoiding any "to market" fund raising, which I agree will likely put a dampener on the sp. A licensing deal however, will probably see a rise back up towards 60-70 cents mark within a year.
  Forum: By Share Code

atleast16
Posted on: Jul 28 2005, 07:16 PM


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Posts: 227

I'll get excited if they announce a licensing deal and got $xx millions.........

This is just talk....OK, OK...I give them credit for getting some credible people to talk on behalf of TBV. Maybe they wanted a paid holiday downunder tongue.gif
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atleast16
Posted on: Jul 27 2005, 07:18 PM


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Posts: 227

Hey, the New Idea "suggestion" is not a bad one. Ever sat around waiting at a clinic? Most of them have these magazines lying around. With easily hundreds of thousand readers, it will make them aware of the benefits of QFT and may even question/request their doctors to use it if they were going to undergo a TB test. In marketing terms...creating the "pull" factor.



  Forum: By Share Code

atleast16
Posted on: Jul 26 2005, 03:36 PM


Group: Member
Posts: 227

From my (selfish) point of view, I hope the price drifts down to 2.70-2.80 later this week. Gives me time to dump my non-performing stocks to get more of this little gem devilsmiley.gif

Wasn't the fund rasing meant to be spent on ramping up their production/distribution capability? I would guess that their present infrastructure is nearly at 90% with this volume of sales. Maybe a +ve cash flow may not happen in 1qtr if they have to spend to ramp their supply chain up.
  Forum: By Share Code

atleast16
Posted on: Jul 25 2005, 03:17 PM


Group: Member
Posts: 227

The headline should read...150% sales growth over last qtr!. Any sales manager will be pleased/over the moon to see the quaterly sales chart of QFT for the last year. Looks like the take off of the space shuttle!! This is without CDC guidelines. Imagine what it will be like when it comes out....Christmas everyday!!! tongue.gif
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atleast16
Posted on: Jul 25 2005, 08:45 AM


Group: Member
Posts: 227

BIG week ahead for holders....their 4qtr commitments test results are due this week. Numbers, numbers....lets hope its a beautiful set of numbers like 36-24-36.
  Forum: By Share Code

atleast16
Posted on: Jul 20 2005, 08:39 AM


Group: Member
Posts: 227

Look at today's Age on IBA issue about probity with another VIC govt tender. So happens the losing IBA bid was teamed with....IBM.
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atleast16
Posted on: Jul 19 2005, 04:28 PM


Group: Member
Posts: 227

It would be interesting to get the story as to why erg was "kicked" out and then part of the winning team. Its lowest pricing should have put it in good stead, and if their performance history with the current ticketing is that bad, why were they given the maintenanc of the new proposed system? Keane was certianly confident of erg's ability to support by including them into the team at the last moment.

So, could it be that IBM was the weak link? Their sometimes troubled relationship re. Vic Police contract, maybe a reason.

Is there a "deep throat" out there who can post some inside story? Just to keep us amused until erg is out of the red tongue.gif
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atleast16
Posted on: Jul 15 2005, 04:21 PM


Group: Member
Posts: 227

In reply to: michaelirish on Friday 15/07/05 09:53am

Was it Patersons that did some capital rasing/recon for erg? They are a Perth based co, so they could quite easily do the coverage. But would it influence a price rise??
  Forum: By Share Code

atleast16
Posted on: Jul 13 2005, 08:24 PM


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Posts: 227

Looks like they took a leaf out of Microsoft sales course 101. Hit them with acronyms, marketing names and generic claims of easier, bigger, better, faster that is difficult to counter. Since when was microsoft suit of products "open architecture". laughingsmiley.gif
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atleast16
Posted on: Jul 12 2005, 08:53 PM


Group: Member
Posts: 227

With another read of the ann, erg part is pure hardware supply and maintenance only (ok, ok, don't look at a gift horse in the mouth). But ERG's strength is meant to be in their processing/clearing system wink.gif This is where they could have a small transaction fee for processing payment to the rail, tram, bus operators (and 7-11, newsagencies, Mc Donalds, etc, etc if the smart card use is expanded). So who is having this part of the deal??

  Forum: By Share Code

atleast16
Posted on: Jul 12 2005, 04:01 PM


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Posts: 227

Glad to to see that they have got a second bite into this smile.gif tender. Maybe a lot less if they were with IBM, but they still can claim that they have not lost Melb...good for confidence. This should atleast be a profitable/breakeven deal with out them taking the prime risk. As they are a late comer in the deal, I expect that they may have lowered their pricing to make it attractive enough for the consortium to want them in.

Congrats to the mgmt team to be able to get in again.
  Forum: By Share Code

atleast16
Posted on: Jul 12 2005, 08:43 AM


Group: Member
Posts: 227

From the article, this can get very messy as I can see both sides of the argument. If formal legal proceedings start, erg will have to put aside millions for legal fees and huge amounts of time getting people who were involved up to 8-9 years ago (who may now be working with competitors) to come back and testify. Only 2 winners from this, lawyers from both side, smiling all the way to their respective banks.
  Forum: By Share Code

atleast16
Posted on: Jul 8 2005, 09:45 AM


Group: Member
Posts: 227

In reply to: dr_dazmo on Friday 08/07/05 10:30am

If they don't get over $600K this qtr, then there's some hidden issues that is not aired out yet!

  Forum: By Share Code

atleast16
Posted on: Jun 1 2005, 07:53 PM


Group: Member
Posts: 227

In reply to: gizmo on Wednesday 01/06/05 05:14pm

I like it!! The last 10 minutes was interesting and it makes me feel positive for tomorrow.

Now should I sell now, which means that my China trip is paid for? Or be greedy and wait...ohhh decisions, decisions.... biggrin.gif
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atleast16
Posted on: Jun 1 2005, 09:05 AM


Group: Member
Posts: 227

In reply to: michaelirish on Tuesday 31/05/05 11:21pm

This will be the problem erg's board will have to decide on and it will show their stomach on the subject of legal action. PF knows how expensive and resource draining it can be from his experience of Sydney and the reason there is no followup litigation to recover its cost from cubic.

I'm not sure, but if HK has already used their system elsewhere, why erg has not taken them to court? If this is so (and assuming that erg was not a party to this), they should take legal action. The best outcome to the action would be that they can somehow "outsource" the clearing to erg!


  Forum: By Share Code

atleast16
Posted on: May 31 2005, 09:08 AM


Group: Member
Posts: 227

For the short-termers, I think that the SP will be sold down when the Melb contract is announced (finally). It is a big ticket item for Victoria so the press will do the commentry and carry the fact that the incumbent is not selected. Should then be a good time to buy as the bad news for this year is over (let's hope).
  Forum: By Share Code

atleast16
Posted on: May 23 2005, 04:46 PM


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Posts: 227

My 2 cents on SP (and volume)...it is very relavent as it relates to cst. It is a thinly traded stock so it moves relatively easily on a hand full of inverstor/trader decision. In the mid-term the SP does not affect the performace of the company UNLESS it is looking at obtaining some capital. Seeing that CST have already raised its capital and is not it the market to do another one in the next year or so (only my opinion). So, in the short term, I use the share price to determine if I should buy, hold or sell (c'mon and get to $6 tongue.gif )

FA is why I'm holding this stock, SP is why I'm holding more!!
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atleast16
Posted on: May 18 2005, 04:33 PM


Group: Member
Posts: 227

In reply to: gizmo on Wednesday 18/05/05 04:19pm

Don't know how this 500 figure is worked out. My buying today should have put that figure way higher tongue.gif
  Forum: By Share Code

atleast16
Posted on: May 18 2005, 10:47 AM


Group: Member
Posts: 227

All the positives for this company to be realised and confirmed in the next few months have made be break another of my piggy bank to try and get some more at these levels. This is my savings for a China holiday at year end tongue.gif They should be using QFT by then too !!
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atleast16
Posted on: May 6 2005, 02:33 PM


Group: Member
Posts: 227

With all the negative comments/feelings about AGX tells me that its time to accumulate smile.gif

Mgmt has at least till early next year to do any capital rasing....IF agx needs it. My reasoning:
1. They have CBA facility of $9.8 mil unused..agree that with current market cap, the bankers will be jittery if ALL of the amount was call on. But lets us cross that bridge if/when they need it.
2. They banked $6 mil from Milton.
3. They have about $700k in the bank Jan this year.
4. They are selling the Milton property ...can some one in Qld guess how much they will get for this?
5. There was a lot of $$ spent late last year to get Phase 2 started, hence the $3+ mil loss in first half. Second half should come under that.
6. Hence...they have cash in the bank to fund their current activities this year.
7. We are assuming that their Animal health division is still in deep sh.t and not performing. I think there may be some light at the end of the tunnel.

Here...my 2 cents on the table tongue.gif
  Forum: By Share Code

atleast16
Posted on: May 2 2005, 04:58 PM


Group: Member
Posts: 227

Hi ERGers, I have been cautious about this co in the past (have scarring on burnt fingers laughingsmiley.gif ) and do not hold any at the moment. However, I do agree with most of the point that ousia made as to why ERG is a good buy at these prices. It has now more upside potential when looking at a 6 months timeframe. eg. if you borrow and pay 4-5% over 6 months, you have a potential to get about 30% in this timeframe. Not a bad trade especially that you can be quite sure that the co is in positive cashflow.
  Forum: By Share Code

atleast16
Posted on: Apr 27 2005, 04:59 PM


Group: Member
Posts: 227

Well if institutional investors are willing to buy at this levels from our good directors...I followed them and got somemore today. smile.gif
  Forum: By Share Code

atleast16
Posted on: Apr 27 2005, 08:48 AM


Group: Member
Posts: 227

If the sp stays around the 2.70+ today, we too can get in at what the institutions got from our directors. A possible 10% gain in the short -term as the market gets over the news of the directors selling.


A nice day's trading for a 1000% paper profit. (The Age today)

The founders of Cellestis have finally broken the drought when it comes to cashing in on the success of the company.

Stockbroker Lodge Partners handled a direct sale of 2 million shares late on Friday, apparently on behalf of managing director Anthony Radford and director James Rothel, who were offloading some non-escrowed stock to institutions. While such trades tend to arouse suspicion among investors, this was the first time in two years that either director had sold shares.

Both voluntarily escrowed 23.3 million shares for a further year after the stock came out of escrow on Sunday.

Cellestis, which has developed a test for tuberculosis, is one of the better-performing biotechnology companies and, last time we looked, its market cap was about $274 million.

Both directors are sitting on paper profits of about 1000 per cent compared with the stock's listing price of 25 ¢ in 2001.

They took home about $5.6 million from Friday's trades
  Forum: By Share Code

atleast16
Posted on: Apr 13 2005, 02:43 PM


Group: Member
Posts: 227

In reply to: lmorgante on Wednesday 13/04/05 10:10am

I did sell my holdings for a "quick" profit. ..not too many of these in the past 1-2 months sad.gif
  Forum: By Share Code

atleast16
Posted on: Apr 13 2005, 02:38 PM


Group: Member
Posts: 227

In reply to: fisher1 on Wednesday 13/04/05 03:24pm

I agree. There's blood flowing and no clotting to be seen as yet tongue.gif

To add insult and truly demonstrate their incompetence, they could have a capital rasing now icon13.gif
  Forum: By Share Code

atleast16
Posted on: Mar 18 2005, 07:30 AM


Group: Member
Posts: 227

I will put my money on the ADI/MTR/Thales bid. It covers all angle...politics, money, experience (not in order of importance laughingsmiley.gif ).

BTW, has Downer delivered on the Perth project yet, and were their milestones met in project delivery?
  Forum: By Share Code

atleast16
Posted on: Mar 17 2005, 08:15 PM


Group: Member
Posts: 227

In reply to: sabretoothed on Thursday 17/03/05 09:12pm

Lucky for ERGers that it did not drop 50-60% like BAS wacko.gif
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atleast16
Posted on: Mar 17 2005, 08:08 PM


Group: Member
Posts: 227

I am surprised to see them being knocked out at this stage of the process, even though I have posted the threats that ERG faces in the Melb bid (plus the hearsay about someone in the govt not happy with them). The only guess I can make is that they also priced themselves out of the process. The problem for them is that the competitors would have a fair "guess" at their tender pricing since they have announced/claim that all projects have to be pay for themselves.

Just my opinion....I think they would have priced it similar to sydney... 80mil for supply and 200+mil to operate. Let's see when they announce the winner and the contract value, I expect that the winner will be 10-20% below this sum.

I know it doesn't help much for holders, but hopefully ERG will learn from this for many more tenders that will come about in the next few years.
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atleast16
Posted on: Mar 10 2005, 04:19 PM


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Posts: 227

Cannot make out from the press release if its good news. But I am happy that the market thinks it's good biggrin.gif
  Forum: By Share Code

atleast16
Posted on: Mar 1 2005, 07:43 AM


Group: Member
Posts: 227

In reply to: Ridge on Monday 28/02/05 05:30pm

Lodge Partners were out again yesterday in Melbourne MX magazine saying CST was a buy.
Cannot read too much in them selling in the past few weeks as they make money buying or selling. If their client wants out, they will sell.
  Forum: By Share Code

atleast16
Posted on: Feb 28 2005, 10:42 AM


Group: Member
Posts: 227

Hmmm, we get nearly a 10% slump on news of a delay today. So, I think I'll stick to a guess of a 30-40% drop in price if no decent oil is found.
  Forum: By Share Code

atleast16
Posted on: Feb 22 2005, 07:11 PM


Group: Member
Posts: 227

In reply to: rooster on Tuesday 22/02/05 10:30am

I think you will see 35-40cents.
  Forum: By Share Code

atleast16
Posted on: Feb 17 2005, 07:45 AM


Group: Member
Posts: 227

Anyone for a gamble? BAS offers a quick gain/loss within the next few days. The "slight" delay have caused some concern which is why the price is down, BUT if they do hit the target area and the result is as expected for the area...up she will go.

I'm sitting on what I have but must admit that it is tempting. Any opinions out there on this?
  Forum: By Share Code

atleast16
Posted on: Feb 7 2005, 07:38 AM


Group: Member
Posts: 227

In reply to: bloodclot on Sunday 06/02/05 11:12am

This is what I "hope" for. An underlying profitable company IF you take out the expenses related to the development of TV. Milton very marginal profit, Animal health - yes a 50% increase would be nice, but will accept a figure of 30-40%. Human-around your figure of 20%. I do not want to see any large write offs (say more than $300k) for restructures as all the "bad" news was supposed to have been taken care of in previous year.

My intention of buying/topping up is based on my longer term belief that the SP can recover easily by 50% in the next 1 - 1 1/2 year. So not a bad return. Chances of the company SP dropping 50% from here is quite low, especially if it confirms my belief of the underlying profitability.
  Forum: By Share Code

atleast16
Posted on: Feb 4 2005, 03:20 PM


Group: Member
Posts: 227

In reply to: AgentCooper on Friday 04/02/05 01:59pm

I'm still holding and wanted more today at 48 but couldn't get the sellers. Unsure whether to be happy or sad that I could not get more at that price.

  Forum: By Share Code

atleast16
Posted on: Feb 1 2005, 01:25 PM


Group: Member
Posts: 227

In reply to: slayer on Tuesday 01/02/05 02:09pm

I too thought the ann was good. It laid out what has been done so far and what they hope to acheive this year. I seems to be published to address investors who are nervous and needs to be kept informed. Good on them.

Now lets hope they can get some fund managers on board in the next 2 weeks....or at least before easter.
  Forum: By Share Code

atleast16
Posted on: Jan 31 2005, 08:50 PM


Group: Member
Posts: 227

In reply to: kathy on Monday 31/01/05 09:00pm

Yes, but where is the big announcement that we are all waiting for?
  Forum: By Share Code

atleast16
Posted on: Jan 12 2005, 09:17 PM


Group: Member
Posts: 227

Came back after a shortish holiday overseas and found out how wrong I was about the SP. Oh well, another "could have made more" category.
  Forum: By Share Code

atleast16
Posted on: Dec 16 2004, 08:02 AM


Group: Member
Posts: 227

In reply to: michaelirish on Wednesday 15/12/04 08:05pm

For ERG holders, lets hope they get the back office system business. Like computershare, there's money to be made in back office operations. However, cpu would have loved it if asx perpetual did not come into the picture.

The risk I see is that there are companies today that offer the payment reconciliation systems and that they could modify their software to handle smartcard transactions. A jv could be setup by them with one of the bigger companies which will present a good marketing story for govts to consider.
  Forum: By Share Code

atleast16
Posted on: Dec 14 2004, 07:16 AM


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Posts: 227

In reply to: WHO on Monday 13/12/04 10:01pm

I certianly approve Who. Have been accumulating CST since early this year and kicked myself for not having any free cash available when it bounced around $2.80-2.90 about 2 weeks before the fda announcement. (Greed is good laughingsmiley.gif )
  Forum: By Share Code

atleast16
Posted on: Dec 13 2004, 06:06 PM


Group: Member
Posts: 227

Todays MX magazine in Melb, has (again) in the tip of the day, a buy reccomendation from Lodge Partners.

The tip says " Now that Cellestis ahs received US FDA approval and raised funds, all that remains is CDC guidelines and Japanese approval for the transition from biotechnology developer to full-scale commercial product marketing."
  Forum: By Share Code

atleast16
Posted on: Dec 13 2004, 07:36 AM


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Posts: 227

Their recent contract announcement was ok, but no reason for this level of price increase which we have seen in the last month or so. Maybe that is the reason for the weakness in the past couple of days. I want to see the "BIG ONE" laughingsmiley.gif
  Forum: By Share Code

atleast16
Posted on: Dec 8 2004, 02:51 PM


Group: Member
Posts: 227

IMO I think that a 20% sp increase since the announcement of the FDA approval is a let down hypocrite.gif I really did feel on sunday night (when the "rumour" had some substance) that my target for the eoy price competition wouldn't be far off (side note: I selpt like a baby that night biggrin.gif )

Considering that the company is on the verge of being the MAIN/ONLY player in the TB diagnostic game... in THE WORLD, what should be the market cap of CST, I ask?
  Forum: By Share Code

atleast16
Posted on: Dec 8 2004, 02:41 PM


Group: Member
Posts: 227

Wow!! Lucky I kept some for the ride up. To think that I was happy about a month ago to collect 100% return. Surely, they have to announce something...most probably be the same "I do not know of any reason for the increase in...." tongue.gif
  Forum: By Share Code

atleast16
Posted on: Dec 6 2004, 06:33 PM


Group: Member
Posts: 227

In reply to: One Up on Monday 06/12/04 02:15pm

I'm more interested in 20-50% in 1-3 months for this portion of my portfolio. Cannot see this opportunity with TNE at the moment. If I have HEAPS of $$ then I would have kept it, but...choices have to be made.
  Forum: By Share Code

atleast16
Posted on: Dec 6 2004, 08:17 AM


Group: Member
Posts: 227

In reply to: One Up on Monday 06/12/04 07:39am

Agreed. But, I sold out last week as I felt that there was better returns to be made in the market at this point. ...and you need to make hay while the sun shines hypocrite.gif
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atleast16
Posted on: Dec 6 2004, 08:14 AM


Group: Member
Posts: 227

Its 9.15 and their website is still not updated, nor is there an asx announcement. Can we assume that there is still no "official" notification from the fda to cst?

  Forum: By Share Code

atleast16
Posted on: Dec 3 2004, 04:22 PM


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Posts: 227

My sleepless night comment is because a trading halt generally means an anticipated announcement that "changes" the game. A capital raising itself does not warrant a trading halt, whether its from shareholder or instit. placement.

On the negative (touch wood) it could be an FDA knockback. A problem discovered on their product (recall?), etc......even writing this sends chills down the spine.

On the positives..no need to repeat what most posters know....the SP will head north as IMO there is too much upside for people/fund managers to stay on the sidelines.
  Forum: By Share Code

atleast16
Posted on: Dec 3 2004, 12:34 PM


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Posts: 227

Hope the announcement is today, else it's sleepless nights till next week tongue.gif
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atleast16
Posted on: Dec 2 2004, 04:38 PM


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Posts: 227

This vol is significant for such an illiquid stock. Hope it stays up there. Owning 100% of the research is good. But some announcement on their sales/revenue increase because of commerial agreements whould be fantastic.

Disclaimer....I hold (but probably not enough tongue.gif )
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atleast16
Posted on: Dec 1 2004, 10:12 AM


Group: Member
Posts: 227

IMO Ziggy has done a good job over the period that he's in charge. His main mistake was the deal with PCCW. Then at that time nearly every large telco around the world was doing deals and the hype was there. He managed the mistake very well. Whoever fills his seat will still have to keep at bay all the political interest groups, and deal with the thchnology shift occuring in the telephony market...which is eating into the profitable side of the business. With their high dividends, the price will hover in the $5 mark, with the superfunds needing the dividends for cashflow.

It will be interesting to see what $ package they will give to the new person.
  Forum: By Share Code

atleast16
Posted on: Dec 1 2004, 09:25 AM


Group: Member
Posts: 227

They have gone to the market (again & again) for an extra $2+mil. Earlier than what I stated grrr.gif and a "free" 35% gain if you were lucky enough to get them. Hard to see them getting to 30 cents if they keep doing this every 2-3 months.

They should announce the big contract, and then raise the capital they want stating that it is to fund the expansion.

  Forum: By Share Code

atleast16
Posted on: Nov 25 2004, 07:45 AM


Group: Member
Posts: 227

At 30 cents, its time for a magnum size Grange!! laughingsmiley.gif
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atleast16
Posted on: Nov 24 2004, 09:16 PM


Group: Member
Posts: 227

In reply to: kiril on Wednesday 24/11/04 09:27pm

What were you doing reading about growing dope? biggrin.gif

The links to the article are not complete. Anyway, it is a pity that the purchase of the email metering failed. In the long run, you can understand the need to have remote meter reading rather than a person walking around the streets. Unsure how INT will play in this. As I see it, straight meter reading is quite "simple". The UTILIGY software is for more sophicticated requirements.

Still, I'm happy with the movement in the SP...with volumes that would make any day trader take notice. Maybe another speeding ticket? I am looking forward to their qtrly cashflow report to see where they are at. They better start collecting some serious $$ as I think they may have to go to the market for more around Feb if nothing happens.
  Forum: By Share Code

atleast16
Posted on: Nov 19 2004, 07:20 AM


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Posts: 227

In reply to: thekiwi on Friday 19/11/04 06:53am

There are 2 shares that I am following BIL and TEM that "strangely" went backwards recently when the co market update/report came out fairly positive. Go figure.

Nevermind, I say, the overall trend is good and happy to keep both of this for a few more months...unless........
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atleast16
Posted on: Nov 16 2004, 08:48 PM


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Posts: 227

In reply to: slayer on Tuesday 16/11/04 09:35pm

Agreed slayer. Well, at least I'll sleep well tonite. tongue.gif
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atleast16
Posted on: Nov 13 2004, 09:43 AM


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In reply to: bindi on Friday 12/11/04 09:26pm

Hi bindi, I too sold out half my holdings at around 6.1. The rest I will keep for the time being. My broker reccomended this as there seem to be some big boys buying in the last week and said not to get out completely.
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atleast16
Posted on: Nov 12 2004, 07:50 AM


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I heard that a couple of senior AGX management was down in Melb yesterday giving a midday briefing for brokers and their clients. I think DH was one of them. I was told a bit too late so I could not attend and hence did not get much details. Anyone from here attended?
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atleast16
Posted on: Nov 11 2004, 07:51 AM


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In reply to: Waterfront on Wednesday 10/11/04 09:36pm

I don't use TA in most of my stocks, more a "big" picture view and then take a position. It has done me very well for BIL when picked it up last year and then more as it went down as I felt that the Chep issue can "easily" be resolved by good management. At that time I felt that it could go back to its former glory in the $10-11. Being dual listed means that its also benched marked in the UK market. I feel that it can go past the $8 in the next few months as the new CEO has the incentive to make the co perform. I'll exit this stock only if I can see another opportunity to get me more than 15% in 4 months tongue.gif
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atleast16
Posted on: Nov 11 2004, 07:36 AM


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Ahh..the ride was good. Unfortunately, I have to agree with bindi. The value of the INT have improved nearly 80% in the last 8 weeks or so. There has to be news to support it at these levels. To be simplistic...imagine your net worth improved that much in this period of time, and you scratch your head and said "I don't know where this came from".
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atleast16
Posted on: Nov 9 2004, 06:31 PM


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In reply to: thekiwi on Tuesday 09/11/04 06:23pm

So does it mean that I should take my profits now? Its presents buying time so will need to shore the cr card balances laughingsmiley.gif
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atleast16
Posted on: Nov 8 2004, 06:11 PM


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Ahhh...might take a boat trip around bass straits this summer all in the name of research and getting a "feel" of the area. Well, have to buy lots of liquids to keep you hydrated for the trip too laughingsmiley.gif
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atleast16
Posted on: Nov 8 2004, 04:26 PM


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In reply to: forrestgump on Monday 08/11/04 04:10pm

One thing this shows...that the cst has good working relationship with the US military and that they are convinced about the base qantiferon technology. Can see no reason why they won't fully deploy gold when it gets approved.
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atleast16
Posted on: Nov 5 2004, 05:06 PM


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In reply to: johnmcconks on Friday 05/11/04 02:09pm

I agree John. Although I have a bit of AGX, it has come to a point where I put this on the "look once a month" basket....which incidentally should be the way if you are a "long-term" holder.

Still, it would be nice to see it back in the mid-high 60's. Make me sleep even better at night.
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atleast16
Posted on: Oct 28 2004, 07:57 AM


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In reply to: astoria on Wednesday 27/10/04 10:58am

There are only about 3 - 4 companies that currently has the capability to handle the LARGE volume of printing work that comes out of the 4 major banks. As HPX is one of the top 2 (the other being Salmat) could this be just a "renewal" of a contract? It will be a significant win if they got a contract from a bank that currently does most of the work in-house.
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atleast16
Posted on: Oct 27 2004, 04:08 PM


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Looks like I forgave to quickly wink.gif
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atleast16
Posted on: Oct 27 2004, 03:23 PM


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Come back to mommy....ALL IS FORGIVEN...... laughingsmiley.gif

As I understand, its Ramadan in M'sia and there is a long holiday later next week for the muslim new year. So the announcement (if any) will have to be this week or we just have to wait until after 9 Nov.

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atleast16
Posted on: Oct 25 2004, 08:07 PM


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Seems like an AGM that all directors would want to be in. Was there any "negative" statements that anyone picked up on? From what I see the, Japan's approval have slipped a few months from their last report. Was there a question as to what is keeping them from saying "Yes"!

Can't complain about the SP, even though there was no FDA announcement. biggrin.gif



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atleast16
Posted on: Oct 22 2004, 01:52 PM


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Still a lot of support todaywhich is impressive being the end of the week and traders are sitting on nice profits. Can anyone say if an institution is buying or is it just interested individuals laughingsmiley.gif
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atleast16
Posted on: Oct 21 2004, 08:39 PM


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In reply to: sabretoothed on Thursday 21/10/04 05:22pm

I can almost guarantee a retracement tomorrow as the T3 traders take their profit. Now if I can see this, why did I not sell near the end of today?? wacko.gif Greed...pure and simple greed!
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atleast16
Posted on: Oct 21 2004, 04:46 PM


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In reply to: sabretoothed on Thursday 21/10/04 08:10am

YES it can!!! on decent turnover too. When will it run out of steam?? This run is making the ipo pricing a joke (well a nice, good joke that I can laugh to biggrin.gif )
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atleast16
Posted on: Oct 20 2004, 10:40 AM


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This is one of the "bad" aspect of INT. I think that for corporate governence, they should make an asx announcement say 2 months in advance that a deal to issue shares will be made for an exchange of services at a value of xxxx on xx/xx/xx date. And that the share will be issued at xx price or xx formula.

I wonder if there is anyone on SS who is on the corporate governance committee of the CPA? smile.gif

PS. All will be forgiven Martin/Graeme if you can get this baby to 6cents!!
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atleast16
Posted on: Oct 20 2004, 10:33 AM


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In reply to: thekiwi on Wednesday 20/10/04 08:08am

Nice looking chart biggrin.gif Let's hope the trend continues like the previous 3 times. It moves up, then comes back a bit, but then goes up higher.
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atleast16
Posted on: Oct 19 2004, 12:44 PM


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Percentage wise, this little baby has a V8 in a mini body!!! The jump to 5 cents came alot sooner than I imagined. I expected a good announcement to bring it to this level. Let's see if the "buy on rumor, sell on fact" applies this time. Bring it on!!!
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atleast16
Posted on: Oct 19 2004, 11:27 AM


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In reply to: bartm on Monday 18/10/04 01:46pm

Yes, there seem to be a small group (my opinion only) out there who is supporting the price at these levels. Although I would have expected more people willing to sell there holdings at this price. Greed......makes you want to hold on to your stocks when the price is rising...can I make more?...can I lessen my losses?.... devilsmiley.gif
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atleast16
Posted on: Oct 19 2004, 10:35 AM


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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. smile.gif
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atleast16
Posted on: Oct 18 2004, 07:28 PM


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In reply to: fisher1 on Monday 18/10/04 04:07pm

My feeling about the sp is that the serious investors/fund managers are waiting to see what impact this announcement have on sales. The 20% increase on last year is not a great announcement. The bigger boys want results and the last few project was a disaster for the company. I am in the sales and marketing "game" and I know that when you underperform in the last reporting period, you don't get alot of excuses. Even if you were "sales person of the year" last year, you can be shown the door with consecutive under performance. What AGX needs is to kick a few consecutive "goals" and all will be forgiven and management will "walk on water" again with all rewards of a rasing sp.
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atleast16
Posted on: Oct 18 2004, 01:01 PM


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Unless someone has access to inside knowledge of INT, the holding should be 1-2% of their portfolio. It is the day traders who will move this stock, because even when they announce a "good" contract, it will be a few years before it shows a profit. BUT, it WILL jump 100-300 % if a deal is made!
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atleast16
Posted on: Oct 18 2004, 11:27 AM


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I broke one of my piggy bank to get more at 60 cents.....for a moment, I thought I could go out a get a replacement piggy bank. Oh well, maybe next few days, weeks....
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atleast16
Posted on: Oct 14 2004, 05:14 PM


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In reply to: jockyboy on Thursday 14/10/04 04:57pm

Put me in for $6.45...and hope that someone higher up wins the prize (what prize??)

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atleast16
Posted on: Oct 14 2004, 11:06 AM


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In reply to: bartm on Thursday 14/10/04 07:49am

Their excuse for the speeding ticket..."Sorry officer, I didn't know that I was exceeding the limit" laughingsmiley.gif Officer's reply: "OK. Just be careful and know were you can speed". INT thinks to themselves: "Hmmm, do I have enough fuel to take it for a spin around the race track. Have to check with the crew, if we are ready to do that". In the meantime, it's the foot off the pedal.

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atleast16
Posted on: Oct 13 2004, 11:53 AM


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In reply to: bartm on Wednesday 13/10/04 11:49am

Ok...to borrow Big Kev's term "I'm exicited" laughingsmiley.gif

Something must be cooking...anyone see any smoke around and care to tell?
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atleast16
Posted on: Oct 13 2004, 11:21 AM


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I occassionaly venture into Oze to catchup on the goss on CST, so would be happy if this board moved here to SS. The main sticking point of the new site is the constant need to sign in. What happen to the "remember me" option?

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atleast16
Posted on: Oct 13 2004, 10:30 AM


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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 laughingsmiley.gif ...then again maybe they won more, which is why the price is going up.
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atleast16
Posted on: Oct 13 2004, 10:22 AM


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In reply to: bartm on Wednesday 13/10/04 10:16am

It needs to break past 0.044 with decent volumes before I get too excited. Good luck to you if you got in at 0.035 or there abouts...as its good profit. But one or two million shares trading is still not heavy volumes.
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atleast16
Posted on: Oct 13 2004, 08:46 AM


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In reply to: sabretoothed on Tuesday 12/10/04 11:29pm

Yes, INT has a HUGE number of shares issued....over 681,000,000 !!! So I do agree that to go any higher, the daily volume will be in the 10's of millions.
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atleast16
Posted on: Oct 12 2004, 11:01 AM


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In reply to: kiril on Tuesday 05/10/04 01:05pm

Well, they got just under $1mil (if you discount the fees they must have paid to whoever is the broker/s). This should carry them for another 3-5 months, I would think. Kiril, technically the MD is correct...a "line of credit" is like an overdraft and they can use it for anything.

Anyway, they have the money and the sp seem to be heading up. The time is so ripe for this to perform..all it needs is a good contract announcement and the 5 million options (issued free!!) at 5 cents would be in the money!
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atleast16
Posted on: Oct 7 2004, 10:40 AM


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In reply to: maxmac on Wednesday 06/10/04 01:29pm

The SP shot up very quickly so it is not unexpected that it drops just as fast. When there is a small gap in buying support, the price can fall quite quickly as people lock in their profits when they initilly see the price dropping. This triggers more selling and the buyers see this and wait on the sidelines. With a tightly held register this can be quite volatile. If you BELIEVE the company's statement that they expect to have hep A out by this year, then this is a good price to buy in. From the history of announcement, they can be out by 6 - 12 months.

Does anyone workout how long their last capital rasing will last them, before they come out cap in hand (assuming that revenue is flat)?
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atleast16
Posted on: Oct 7 2004, 08:43 AM


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In reply to: Hershy on Wednesday 06/10/04 07:31pm

I do not have information about the profitability of the NSW school's contract. There will still be negative impact from losing a large contract, which will also affect short-term topline revenue numbers...have yet to see a co sp going north when they report lower revenues.

I hold TEM (should have bought more when they were in the 90's) so have an interest in seeing it recover.
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atleast16
Posted on: Oct 6 2004, 07:22 PM


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In reply to: dory on Wednesday 06/10/04 01:14pm

Just have to be mindful that they have a large cleaning contract with NSW schools that come up for retender in the next 6 months (I think). So there is some commercial risk in the mid-term. However, if they do renew it...an added boost to the SP recovery.
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atleast16
Posted on: Oct 6 2004, 10:58 AM


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In reply to: ispy on Wednesday 06/10/04 10:25am

Fisher...pleeeeese stay and keep posting smile.gif
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atleast16
Posted on: Oct 4 2004, 09:50 PM


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Did a quick browse of their annual report and.......they are in a middle of a capital placement...to be announced when completed (dated 24th Sept). They did 2 small rounds of capital raising AFTER they announced that they have the $10m facility. We cannot see the details but most probably they can use it only if they win a project that get them the revenue to pay the debt. What company will lend you $$ with no strings attached...especially it is clear that the co. has no tangible assets except for their software (which is not very liquid). So my guess that it is not for working capital eg. paying your rent, salaries, phone bills......... Now IF you have advance notice that they are getting a big deal (eg. the Malaysian electricity supplier....) you can double your investment (...bet ..a more correct description) in a day or two!!! For me, I'll wait for this placement to be announced to see if the market is happy with the price before getting in. It is still a high risk stock even after the placement as they are still burning cash without a good project.
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atleast16
Posted on: Oct 4 2004, 02:26 PM


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Looking at their cash position, they have to keep issuing new shares to top up their kitty. So expect some more of this until they announce a project that is cash positive in a big way. Just remember that it can easily go into administration if the directors cannot keep topping the funds up. If I am right, they have to top up in the next month or two if not they become technically insolvent.
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atleast16
Posted on: Sep 19 2004, 11:39 AM


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Some thoughts about ION. While they have good contracts, I still think that if they continue manufacturing in in Aust, and not look at plants overseas, their growth is very limited. Was having a discussion with a mate who works for a component manufacturer and travels overseas frequently. He gave me plenty of examples of quality component products that are manufactured in Thailand, China and now Vietnam. Their costs are LOW too! Even on the factory floor, the workers understand that the product that they work on will mostly end up overseas and that their contined employment is based on them producing cost competitive components.

Exploitation? Sure/maybe...but the workers get paid competitively when compared with other workers in their country.
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atleast16
Posted on: Sep 15 2004, 10:34 AM


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In reply to: balance on Wednesday 01/09/04 05:45pm

The cat is alive! biggrin.gif

I am never good at working out what is a good exit point. I am aware of the mantra "you never go broke taking a profit". For BIL, my thoughts are...guesstimate what their next underlying profit is X PE for the sector (15?). Workback what it means for the SP and that is a target exit. Any thoughts?
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atleast16
Posted on: Sep 1 2004, 05:34 PM


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Good fortune to you Balance. I'm happy to hold on...what is the opposite of a "dead cat bounce" when a share price is heading north??
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atleast16
Posted on: Aug 31 2004, 05:23 PM


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Got my 10% well short of 6 months rolleyes.gif I think that the fundies like the cake shown to them from the window. If this is the case then I believe that it has the business to justfy a $7 share price this year. On the other hand......you never go broke taking a profit.....
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atleast16
Posted on: Aug 26 2004, 10:14 AM


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In reply to: topic-starter on Tuesday 22/06/04 09:44am

Watch this SP turn around in the next 6 months. I see this as a recovery stock and that all the self-inflicted mess they were in has now been cleaned up by the new CEO.
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atleast16
Posted on: Aug 17 2004, 09:53 AM


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Ouch!!...The low bid/sell volumes are causing the prices to bounce around. I think its time to head up north and not look at this stock for a month. It's freezing here in Melb. A visit to AGX head office sounds good.
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atleast16
Posted on: Aug 12 2004, 09:01 PM


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Yes. What I like about it are:
Have cash mgmt account linked so you earn a better interest rate while waiting. But I wish it would automatically put $$ in and out of this account when buy/sell without you having to do a transfer.

I like the feature where when you sell, you can see what amount you are holding. Unlike commsec where once you are in the sell screen you have to remember what amout you were holding.

Their site seems a bit faster too. Hope this helps.
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atleast16
Posted on: Aug 3 2004, 03:33 PM


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Ohhhh the pain of feeling the falling knife going the other way tongue.gif tongue.gif

Somethings burning for this volume...either that or DT seeing the opportunity.
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atleast16
Posted on: Aug 2 2004, 10:29 AM


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Go figure this out....IBA announces a deal (a good one) and jumps 50% in value. It has no history of profits (yet), or will deliver good profits with the new deal. It is in the software, IT business and owns the IP to the software.

Compare to TNE which is in a similar industry but services a different marketplace. It has a good history of delivering on projects and has a record on delivering profits (nice latest result). The latest dividend will get you about a 4% yield. Now...why isn't the market rerating TNE??
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atleast16
Posted on: Aug 2 2004, 08:19 AM


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Sorry Fin Review....
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atleast16
Posted on: Aug 2 2004, 08:18 AM


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From todays The Age:

Agenix still on prowl for acquisitions
Aug 02
Eli Greenblat


Biotechnology company Agenix is looking at a number of acquisition opportunities in Australia, with a particular eye for diagnostic businesses that could expand its technology and intellectual property streams, executive chairman Ravindran Govindan said.

The return to the buyers' market comes after Agenix's much-hyped $450million merger deal with Peptech collapsed last month after disagreement on the valuation of Peptech's royalties because of legal action involving Johnson & Johnson subsidiary Centocor.

Mr Govindan said yesterday that he had no choice but to end negotiations with Peptech after it became clear that a confidentiality agreement between Peptech and Centocor would prevent full disclosure of the financial details of the dispute.

"We just couldn't put shareholders at risk; the uncertainty made it impossible to continue the discussions with Peptech and we walked away," he said. "Early in our negotiations [with Peptech], they said they would try to give us some details on the dispute and the potential royalty payments, but it later became obvious that wouldn't happen and we couldn't drag on the discussions for ever."

It was hoped an Agenix-Peptech merger would kick-start a new round of consolidation in the biotechnology industry: many observers have lamented the volume of undercapitalised stocks on the market.

Mr Govindan said he had identified several opportunities among unlisted biotechnology and medical diagnostic companies.

"We are looking at a number of targets and...we believe we have the skill and expertise to pick up a company that we can help to boost our pipeline," he said.

Brisbane-based Agenix manufactures, distributes and markets human and veterinary diagnostic test kits. It also sells over-the-counter pharmaceuticals and infant-care products.

It has also specialised in drugs for the acute thrombosis market, developing an innovative blood-clot imaging technology.

Mr Govindan said he was particularly interested in acquisition opportunities that would complement Agenix's diagnostic imaging division.

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atleast16
Posted on: Jul 29 2004, 04:48 PM


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Broke one piggy bank today, the lollies on display was too much temptation...cannot even see the falling knife with all the lollies around. tongue.gif got some at 61-62.
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atleast16
Posted on: Jul 29 2004, 10:36 AM


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I am wrong...BIG TIME!!! What a great deal they got with this tie up with Kodak.
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atleast16
Posted on: Jul 27 2004, 05:40 PM


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I must say that I am/was very tempted to press the "buy" button. Will see how determined the seller is tomorrow and maybe breakup my piggy bank and put it all in to this stock. laughingsmiley.gif
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atleast16
Posted on: Jul 21 2004, 03:20 PM


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I got into this for my blue chip portfolio shortly after posting my thoughts on BIL early this year. So am happy with where it is now. I am still optimistic about its prospects for the next 6 months so I will still hold. It is a recovery stock and if their next report confirms that all reorg is bedded down nicely and performing, it can easily add another 10%.
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atleast16
Posted on: Jul 19 2004, 07:13 PM


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Sorry...9th Sept. Looking at their history and announcements, I anticipate that overall sales for 03/04 will be around 35-40 million, ie. similar to previous year or slightly better. Like Slayer, I think NPAT will be slightly negative as they mgmt "cleaned the decks" at the end of June. Cashflow position will be neutral. HOPEFULLY....Milton will report a small profit.
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atleast16
Posted on: Jul 19 2004, 07:04 PM


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Last years annual report came out on 6th Sept, so should be around the same time. Although some companies give a "pre-announcement" about a month before. Statements like "on track to meet our forecast as stated in....or, "improvement in trading conditions..." are given out, usually if they are positive though.
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atleast16
Posted on: Jul 19 2004, 03:15 PM


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My opinion is to cut your losses. They are in a market space that is VERY cost competitive and so their mid-term prospects of making money is not promising. This is a speculative stock, so if this is your investing/trading profile, there are many other stocks on the ASX that has better upside story.
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atleast16
Posted on: Jul 19 2004, 03:09 PM


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Don't mind a short term fall in price, so these rumors can continue so that I can top up. The blotched merge with PTD is (I feel) the cause of the negative trend. However, this can easily be fixed by their next reporting date with some good sales reports....so get their top sales people out there and sign some deals (after I buy somemore laughingsmiley.gif laughingsmiley.gif )
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atleast16
Posted on: Jul 16 2004, 03:57 PM


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Agree with your "downside" points. To balance it out, AGX has a good existing business that pays its way. So there is "low" risk of this company going belly up in the near future as opposed to other biotech plays on the ASX. Compare say with EPT or MBP (no offense meant), these companies are pure cash burn at this stage.
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atleast16
Posted on: Jul 16 2004, 08:33 AM


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68 cents is a good buy cool.gif I'm not as bad as AtMarket, but I am skewed at the moment in my portfolio on agx with my average buy at about 65 cents. I have a few $$ left and am thinking about getting more if it drops....then I will be like fastmoney...with nothing left in the kitty to pick up NAB at $26 laughingsmiley.gif
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atleast16
Posted on: Jul 14 2004, 12:42 PM


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Forgot to add...people intending to buy this co has to be aware that Mac Bank is sitting on a nice 100% profit for shares that they picked up a few months ago. They seem to have a knack of knowing/buying stocks at a great time....as well as disposing them when the market hots up.
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atleast16
Posted on: Jul 14 2004, 12:26 PM


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Took my eye off this little beauty and it ran away from me laughingsmiley.gif Nearly double its SP in 3 months is not too bad. Question is what is the remaining up side? From what I can see, the latest FY will report near breakeven-small loss. There will obviously be a glowing forecast for the coming year (what IT company wouldn't have one) . Why I was tracking it was that the product/sevice they provide is competitive and they are gaining market share. I think their latest success overseas have given punters the reason to push up the SP.
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atleast16
Posted on: Jul 12 2004, 02:12 PM


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AGX has been in this trading range last year. From about Nov to early this year it was hovering in the 60s before a jump to the 80s. If you consider that nothing much have changed on the sales front, I see slayer's valuation as reasonable. Just wishing that I don't have to wait 3 months for my upside....which I did wait for the last time around smile.gif I am a long term holder of agx, but do take some small short term plays when it's "too good to miss".
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atleast16
Posted on: Jul 12 2004, 10:32 AM


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Oh-well did not get my quick 10% last week laughingsmiley.gif

Common AGX...you can do it for me laughingsmiley.gif laughingsmiley.gif need you to dance to fund my next short holiday in a few weeks time!!
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atleast16
Posted on: Jul 5 2004, 12:14 PM


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Go to CST for news on TB laughingsmiley.gif
I do not expect any earth shattering news on TBV (so that there's no confusion at the dinner table) this month. They are preparing the trials in the US which we have been told will take time, and we already know that their test in Aust has been excellent.
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atleast16
Posted on: Jul 5 2004, 11:27 AM


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From the look at the buying support this morning and the depth, it should be in the high 70's by end of the week. UNLESS...the big seller comes back on the screen!!
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atleast16
Posted on: Jul 5 2004, 10:38 AM


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From last swt close....peo should be around 20 cents...although have no idea what the merger will do to the price calculation.

I did buy and sell swt but have lost touch with what the main core business now with the merger. Previously, it was "quite" easy as their price tracks very closely with their broadband subscriber numbers. So, if I think the numbers was going to be good for the next reporting...I bought. Did quite well for awhile.
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atleast16
Posted on: Jun 9 2004, 10:42 AM


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I agree slayer. I bought in at the 80's thinking it was a good entry into the merged entity. I hate to bring this up as I have always felt that AGX has good mangement. But this "failure" to excecute the merger shows a bit of immaturity on the board/senior management level. Now we are left with "HOPE" that they can redeem their credibility or we will suffer.
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atleast16
Posted on: Jun 3 2004, 01:46 PM


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Well called Jarm.....it's 6 cents up at the moment!!
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atleast16
Posted on: May 25 2004, 05:18 PM


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Interested to know what the fundamentals are??
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atleast16
Posted on: May 18 2004, 10:21 AM


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Posts: 227

Dammit!! Spent too long having a chat to a friend and missed out on the temporary dip. Good on you slayer. Did you empty your piggy bank for this laughingsmiley.gif ?
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atleast16
Posted on: May 11 2004, 11:50 AM


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Look at the headline from Keycorp...$100 million order from Westpac. Looks like IHG has a BIG competitor too.
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atleast16
Posted on: May 4 2004, 07:32 PM


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VOIP and similar technologies have been around in Aust for over 2 years and other companies already offer it eg. Datafast. 99% of my calls interstate and overseas are done using this technology. Most users should not be paying more than 10 cents a minute to the US or UK if they are aware of what is easily available in the market. Today's The age supplement NEXT has an article on a similar offering.

Bottomline is that theres lots of competition in this space as well and hence low margins.

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atleast16
Posted on: May 4 2004, 02:57 PM


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No disagreement on PTL plans. I have not done the actual numbers yet (please post the figures if you have)....take the merged entity and their imputed profit figure X 20 (assume this PE figure) and divide by the number of shares in the merged entity....what is the price? I guess we can try X 30 for a growth company.

Hmm..door to door sales...vacum cleaners anyone??
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atleast16
Posted on: May 4 2004, 12:43 PM


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Posts: 227

Unfortunately for SWT, there are now a number of newer ADSL companies that are offering lower cost packages then SWT. Last year SWT was the price leader and built a lot of goodwill in offering a good product at a low cost. Now, there is some doubt as to how fast they will grow as their lower cost competitors get a foothold....while Telstra gets quite a respectable take up on their "unlimited" plan. Hence, their focus on other add-ons which has yet to be rolled out and there is still the unknown point on take up and profitability.

My opinion...get out if you can. I'll stick my head out and say that this will NOT see 16 cents this year on current product offering.
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atleast16
Posted on: Apr 19 2004, 09:54 AM


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Just wondering if this upswing is engineered so that they can raise more capital ? If I can be corrected, I think they will need more cash by this year to fund their activities.
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atleast16
Posted on: Apr 19 2004, 09:47 AM


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Thanks to wolverine for his caution as I did consider a play in this after the first drop!!

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atleast16
Posted on: Apr 1 2004, 12:08 PM


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I re-read the half yearly report and note that PWC did express their qualification that there was doubt if the company can continue. At the same time the directors have made a statement about their ability to meet their debts (which carries a serious legal obligations). There is also a statement about post-balance sheet events that did not have anything happenning.

So...3 months have passed from the balance sheet date and the company is still trading with no new capital raising, or news that they got some $$ injection. Can we ASSUME that revenues from their order books are now flowing in? If so, IHG should be a BUY as doomsday has been avoided.

Opinions anyone??
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atleast16
Posted on: Mar 29 2004, 08:22 PM


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Posts: 227

Just for discussion.....If you were a mild trader of AGX (ie. have a 2 - 8 weeks outlook in most cases) and you bought 50K 3 weeks ago at 75 cents....what would you do now and why?

My thoughts...its on a high with no news, but strong support and some volume. Put a stop losss at 86 cents and wait.



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atleast16
Posted on: Mar 24 2004, 09:41 AM


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psst, psst.....big pharma with cheque book (or ATM card). devilsmiley.gif


Isn't what all traders in small aussie bio-tech shares are looking for?? tongue.gif
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atleast16
Posted on: Mar 23 2004, 09:54 PM


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Posts: 227

If it helps, in the CFG lodgement to the ASX, they list quite a number of companies/unit trust that they are buying for. In that list you can also see CPH. Technically, you could argue that CPH is not "Packer" the man.

Anyway, investment by the CPH/PBL/CFG/etc does not mean its a sure thing....re: Q-Vis,
One Tel.
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atleast16
Posted on: Mar 23 2004, 05:18 PM


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Posts: 227

I cannot recall any significant news that is pending at this time. News that COULD be in the pipeline:
- some resolution, escalation, settlement, etc with the ex-distributor in US
- purchase of some company that they flagged they are on a lookout for
- divesting some non-core assets (although they now want to keep Milton)
- Start of the US trials

Any one of the above should not cause a huge (ie. over 15%) change in their share price. Am I missing something???
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atleast16
Posted on: Mar 22 2004, 06:37 PM


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Posts: 227

Yes, it is interesting that over 4 million shares went thru today. Anyone have the data to see who was the main buyer/s? I can only guess that its a trade deal as the share price only went up 1.5 cents.

Now, if I knew 99% that there are no technical hitches to prevent them from delivering their orders, I'll mortgage my house to the the limit and dump it on this at these prices. Where's the rich uncle or aunt when you need them??/ laughingsmiley.gif
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atleast16
Posted on: Mar 15 2004, 02:34 PM


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Posts: 227

You are getting a bit testy dwecke. Read the post again and tell us which sentence has the defamatory remarks. I put my opinion and stated the reason why. The facts that my opinion are based on eg. localisation, write-dows, are all contained in the first 2 pages of their half yearly report!!

Just because the share price dropped 37% since their report came out wouldn't have any thing to do with this? I say BUY, BUY, BUY if you truly believe that it's only a once-off event. hypocrite.gif
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atleast16
Posted on: Mar 13 2004, 10:03 PM


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Posts: 227

This stock seems to be a mini-ERG, lots of seemingly good projects (orders on hand) with $$ to be made, but issue with delivering them on time and budget (eg. extra expense on localising their software, "cleaning" their balance sheets with unexpected writedowns).

They must be delivering on some of the orders to have the significant increase in revenue as reported. So I guess that delivering to their Aussie clients are on target (no localisation issues). They say that they have cretification for the new EU standard...so localisation there should not be an issue...then again there may be a need to have "Please swipe your card" transalated to the many different languages. The bottomline is how can major companies like Mastercard and VISA give IHG orders for equipment that doesn't work? Don't they test their products for acceptability before ordering them??

Maybe someone should tell IHG to give an announcement like "successfully delivered $XXmillion order to xxxx". This should boost the price to the the 60 cents that dwecke is looking for.
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