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SAM172
Posted on: Jan 12 2017, 07:09 AM


Group: Member
Posts: 359

Good news ??

"Beyond the protracted conflict in Yemen's central mountains and on its western coast, signs of stability are beginning to emerge in other parts of the country. Just last week, Glencore — a large international crude oil trader — arranged for an oil tanker to transport a shipment from an unknown Yemeni terminal as early as Jan. 15. (The terminal is most likely located in Ash Shihr, where the Yemeni government sold 3 million barrels of crude to Glencore last summer.) These continuing oil exports, though few and far between, indicate some level of confidence in the stability of Yemen's Hadramawt region, including the cities of Mukalla and Ash Shihr. Oil shipments ground to a halt in early 2015 when the Saudi-led coalition intervened in Yemen. But now that Yemeni troops and their allies have regained control over Mukalla and its surrounding region from al Qaeda in the Arabian Peninsula, and a second crude sale has been made, it appears that the Yemeni oil sector is beginning to come back online."
  Forum: By Share Code

SAM172
Posted on: Nov 17 2014, 10:46 AM


Group: Member
Posts: 359

So...what's the good OIL ?


Another 'false dawn' angry.gif or this one is for real ? stun.gif
  Forum: By Share Code

SAM172
Posted on: Sep 1 2014, 10:50 AM


Group: Member
Posts: 359

Damn "Copy&Paste" stirkes again ... biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Sep 1 2014, 10:21 AM


Group: Member
Posts: 359

Austin Exploration Limited (“Austin”) (ASX:AKK) requests an immediate trading halt on its securities
pending the release of an announcement to the market in relation to drilling results. Austin requests
that the trading halt remains in place until the earlier of the commencement of trading on Wednesday
3 September 2014 or Austin making an announcement to the market concerning the raising.

Which one is it ??
  Forum: By Share Code

SAM172
Posted on: Jul 14 2014, 05:01 PM


Group: Member
Posts: 359

According to the latest announcement, company FUD raising is on - none of Wikipedia choices below fill me with confidence....


Fud or FUD may refer to:

FUD (food), a Mexican brand of cold cuts and hot dogs
Fear, uncertainty and doubt, a marketing or political strategy
Female urination device
Fully undetectable
  Forum: By Share Code

SAM172
Posted on: Feb 6 2013, 09:33 PM


Group: Member
Posts: 359


http://www.saracen.com.au/download-514.html
  Forum: By Share Code

SAM172
Posted on: May 11 2012, 06:01 PM


Group: Member
Posts: 359

Just reading between the lines... Billy will probably concentrate on getting Alister to the next level as every good father should...
  Forum: Off Topic Chat

SAM172
Posted on: Nov 24 2011, 05:26 PM


Group: Member
Posts: 359

MM,

IMO, 14c won't happen until we see some proof (in $$) of what CEO is hinting at.

Until then, s/holders have to recognise 10c as a bargain level, not an opportunity to offload.
  Forum: By Share Code

SAM172
Posted on: Nov 23 2011, 09:52 AM


Group: Member
Posts: 359

Looking at the action yesterday and today, some did have a chat with the management despite inconvenient AGM time biggrin.gif


C'mon boys, don't be stingy and get that price over 10c - you know it's a bargain !!
  Forum: By Share Code

SAM172
Posted on: Nov 20 2011, 11:57 AM


Group: Member
Posts: 359

The rest of the game looks very predictable...


SA makes 400+ , Aus all out for around 220..

(God, please let it not be true... laugh.gif )
  Forum: Off Topic Chat

SAM172
Posted on: Aug 16 2011, 09:47 PM


Group: Member
Posts: 359

Hi Dory,

Seems like Ibsen was a holder for a while buying 2m shares this year out of over 5M total. Not much info about it - may be some 'local' knowledge, it's office located only 12km from Opti's cool.gif
  Forum: By Share Code

SAM172
Posted on: Jul 27 2011, 12:31 PM


Group: Member
Posts: 359

Balance, I think you onto something here...

It's a period when we cannot produce champagne cricket - so we settle for beer... biggrin.gif
  Forum: Off Topic Chat

SAM172
Posted on: May 24 2011, 10:23 PM


Group: Member
Posts: 359

'Tax selling' is on for this stock - hope they pospond any good announcements till July laugh.gif
  Forum: By Share Code

SAM172
Posted on: Apr 2 2011, 09:21 AM


Group: Member
Posts: 359

Can you guys do me a huge favour and LAY OFF my plastic friend ???

Can't you see - every time he bags SPL -, it goes UP !!

Which way do YOU want it to go ??? lmaosmiley.gif
  Forum: By Share Code

SAM172
Posted on: Mar 20 2011, 12:33 PM


Group: Member
Posts: 359

Ponting has to improve his batting dramatically.

Until that happens, he can only be 'Grumpy' in front of a mirror.. thumbdown.gif
  Forum: Off Topic Chat

SAM172
Posted on: Mar 12 2011, 10:49 AM


Group: Member
Posts: 359

I hope in the next World Cup, Canada, Kenya, England and other minnows should play a qualifying round for the right to compete against major cricketing nations...

Anitclimax after the Ashes... well , i guess they can use that excuse right up until the next Ashes come along... biggrin.gif
  Forum: Off Topic Chat

SAM172
Posted on: Feb 2 2011, 11:08 PM


Group: Member
Posts: 359

Just returned from SCG - one of the best ODI I ever seen.

Make no mistake - Clarke is a true leader, he guided every batsman who batted with him today.

I'd say he's graduated to become a full time captain.
  Forum: Off Topic Chat

SAM172
Posted on: Oct 29 2010, 05:52 PM


Group: Member
Posts: 359

At the moment, can't go past TLS, at today's prices over 10% div ff

Also, thinking to offset my MCU gain with some dividend stripping - ie get ff div from likes of NAB or ANZ and realise a capital loss - any flaws with this strategy ?

(apart from risk of SP falling by more then div on ex-div day)
  Forum: By Share Code

SAM172
Posted on: Oct 29 2010, 02:42 PM


Group: Member
Posts: 359

Today (brief) rise to 122.5c left me a bit puzzled.. unsure.gif

Q1 : What would be anyone's rational to pay 122.5c (surely it is too late for any "white knight" bid) ??

Q2 : Can I still sell on market even if I accepted the offer already ?
  Forum: By Share Code

SAM172
Posted on: Oct 21 2010, 08:29 PM


Group: Member
Posts: 359

MAH has been my 'lucky' company - never bought at the bottom or sold at the top, yet many times managed to get that meaty bit in the middle biggrin.gif


Having sold about a year ago for around 100% profit, it is now back on my radar, however, it seems that downward momentum is to great for it to stop falling at current level - sellers might push it another 10c (or more )... sub 40c entry would be too much to resist..
  Forum: By Share Code

SAM172
Posted on: Aug 24 2010, 10:14 AM


Group: Member
Posts: 359

Article below is a good example that you can't believe everything you read in media - no mention of going 14c ex-div ... laugh.gif


Election: Telstra Hits New Record Low
August 24 2010 - Australasian Investment Review – (AIR)

Telstra shares took the pounding we warned about last week yesterday in the wake of the indecisive election result and fears that the $11 billion NBN deal might be in danger.
The shares fell more than 6% to a record low of $2.76 as prospects of a hung parliament cast doubts about the future of its broadband plans and the wider telecommunications industry.

Telstra shares ended at $2.77, down 19c, and on an unheard of price earnings ratio of more than 10 times the 28c a share dividend.
  Forum: By Share Code

SAM172
Posted on: Aug 10 2010, 12:42 PM


Group: Member
Posts: 359

Anyone knows what's this substantial holding from Allen Arbitrage is about ?

C'mon someone - make a counter bid !! lmaosmiley.gif


Good assets going cheap... (wish I had $400M to spare..) tongue.gif
  Forum: By Share Code

SAM172
Posted on: Aug 1 2010, 09:18 PM


Group: Member
Posts: 359

Considering how cheaply they getting it for - any chance of counter bid ?? (Yeah, i know - wishful thinking.. blush.gif )
  Forum: By Share Code

SAM172
Posted on: Jul 29 2010, 03:36 PM


Group: Member
Posts: 359

current market cap $314M - don't sell Harold !! DON"T SELL laugh.gif
  Forum: By Share Code

SAM172
Posted on: May 17 2010, 10:36 AM


Group: Member
Posts: 359

‘‘There is no doubt the selectors will need to have a look at my performances. I certainly know they haven’t been up to scratch and as good as I would’ve expected throughout this whole tournament, and probably Twenty20 cricket in general.’’ - bizzare comment from captain - sounds to me like he does not want this gig.. laugh.gif
  Forum: Off Topic Chat

SAM172
Posted on: Apr 23 2010, 03:48 PM


Group: Member
Posts: 359

FOR SALE !!!

1 x STORM jersey, shorts, socks..

doesn't come with a cap..
  Forum: Off Topic Chat

SAM172
Posted on: Mar 19 2010, 10:02 AM


Group: Member
Posts: 359

Seems like JP Morgan (and myself biggrin.gif ) picked up on a bit of panic selling in lately...

Timely reminder of W. Bufett quote "Stockmarket is transfer of money from impatient to patient"


Stock still very much in 'speculative' bucket but at those prices was hard to resist..
  Forum: By Share Code

SAM172
Posted on: Feb 11 2010, 09:39 AM


Group: Member
Posts: 359

Thanks anyway C, blush.gif

Sounds like a good thing but is it ?

What I (and other OILers ?) want to know how many extra $$ dropped into the bucket as a result... sounds like none..

Until that happens, we are just marking time till next capital raising... angry.gif
  Forum: By Share Code

SAM172
Posted on: Dec 16 2009, 11:20 AM


Group: Member
Posts: 359

SAR is on the move again - looking to break 49c reached during the day a week or so ago

very grateful for opportunity to top up .. biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Nov 22 2009, 10:46 PM


Group: Member
Posts: 359

Agreed, but gained a few kilos biggrin.gif
  Forum: Off Topic Chat

SAM172
Posted on: Nov 20 2009, 07:22 AM


Group: Member
Posts: 359

Arty's link below works... cool.gif
  Forum: Investment Discussion

SAM172
Posted on: Nov 19 2009, 01:30 PM


Group: Member
Posts: 359

Bollinger pops into first Test squad

http://www.cricinfo.com/ausvwi09/content/c...ory/435162.html

Fair dinkum, did Stuart Clark called selectors idiots lately ?


Must be current match that swung it his way - hang on Clark 2/43 , Bollinger 0/67


Yep.... idiots... grrr.gif
  Forum: Off Topic Chat

SAM172
Posted on: Nov 18 2009, 07:23 AM


Group: Member
Posts: 359

not so sure, i think yesterday's move was on the cards for a while blush.gif

buy side is beginning to look pretty strong...
  Forum: By Share Code

SAM172
Posted on: Nov 9 2009, 11:00 AM


Group: Member
Posts: 359

QUOTE
Just please find a wicket taking spinner.


What chance does young Jon Holland has playing in a dead rubber ?
  Forum: Off Topic Chat

SAM172
Posted on: Nov 5 2009, 01:49 PM


Group: Member
Posts: 359

Thanks Mosaic,

Unfortunately, first option does not work (tried it). Laptop does not come with a disk (some kind of deal between Sony ans MS).

Extended holiday is definitely in my plans, but it is more of a 'long term' solution biggrin.gif
  Forum: Off Topic Chat

SAM172
Posted on: Nov 5 2009, 01:25 PM


Group: Member
Posts: 359

I got a present from South America - Sony laptop . Trouble is it has Vista home premium edition in spanish.

Tried to contact Microsoft and Sony Australia but could not get any help other then suggestion to buy an english version.

Laptop has a free upgrade to Win 7 but again , in spanish.


Any ideas would be welcome.. smile.gif
  Forum: Off Topic Chat

SAM172
Posted on: Oct 19 2009, 09:28 AM


Group: Member
Posts: 359

Sold my entire MAH holding about 3 weeks ago (for around 100% profit) with firm intention to buy back.

That intention is not so firm anymore - seem like this stock well and truly lost its upward momentum.

Has it reach a fair price ?

What do people think ?
  Forum: By Share Code

SAM172
Posted on: Oct 16 2009, 01:10 PM


Group: Member
Posts: 359

Don't know about chartists but director seem to be happy to sell some at these prices wacko.gif

Disc: I sold some as well...
  Forum: By Share Code

SAM172
Posted on: Oct 1 2009, 01:27 PM


Group: Member
Posts: 359

Optiscan flags next gen device
Thursday, 1 October 2009

OPTISCAN says the first field trials of its second generation endomicroscopes have produced “crisp, clear three-dimensional cell level images” – detail the company says was previously only available by biopsy.



The trials on the dual high-definition second generation confocal endomicroscope were conducted at Melbourne’s Cabrini Hospital, and Optiscan chief executive Vicki Tutungi said the company was delighted with the results.

“It might be difficult for non-medicos to appreciate the significance of this achievement, but those that understand the limitations of current technology realise that with this new device patient care can be dramatically improved,” she said.

Tutungi said the company’s existing devices had improved the amount of information about diseased tissue that doctors could gather, but the standard definition video used in its current devices did not easily “reveal all of the possible areas that could be interrogated with the microscope”.

The company said that putting the latest miniature HD camera alongside the latest HD endomicroscope scanner into the new device addressed the two key steps of an endoscopic examination – firstly to find suspicious tissue and then to identify exactly what it is and whether it should be biopsied or treated.

“Since we first introduced endomicroscopy, endoscopists have told us this combination would be their dream endoscope – with this achievement, double HD is now a reality,” Tutungi said.

Optiscan will now focus on building prototypes to distribute to “key opinion leaders” around the world.

  Forum: By Share Code

SAM172
Posted on: Sep 28 2009, 02:22 PM


Group: Member
Posts: 359

"My thinking is that if Vicki Tutungi can get the company up and running then I'm not overly concerned if she is paid well..."


That goes without saying - however, I'm not so sure there is a correlation between the two...
  Forum: By Share Code

SAM172
Posted on: Sep 25 2009, 02:07 PM


Group: Member
Posts: 359

Thanks M,

So, her salary was $450K from the start - that makes me feel so much better tongue.gif
  Forum: By Share Code

SAM172
Posted on: Sep 25 2009, 01:19 PM


Group: Member
Posts: 359

Still scratching my head about today's (41% at this stage) rise... blush.gif

So far, did not find anything new in annual report except for the fact that Ms. Tatangi's salary increased from 203,015 in 2008 to 473,673 in 2009.

Greed is good.... again. lmaosmiley.gif
  Forum: By Share Code

SAM172
Posted on: Sep 25 2009, 11:51 AM


Group: Member
Posts: 359

Again, looking very strong on a down day. Seems like it's ready to climb another 5c at least...
  Forum: By Share Code

SAM172
Posted on: Sep 25 2009, 10:27 AM


Group: Member
Posts: 359

Well, I know volume is not large, but sellers are disappearing faster then you can say 'insider trading' biggrin.gif biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Sep 24 2009, 11:52 AM


Group: Member
Posts: 359

From FNAreana...

"....If you really want to go hunting for cheaply priced stocks, you'll probably end up with the likes of Beach Petroleum ((BPT)), Boart Longyear ((BLY)) and PMP Media ((PMP)); stocks that are trading on single digit FY11 multiples.

As shown in the example of AWB above, some hefty profits can be made once these stocks do turn around and start closing in on the relative valuation gap with the rest of the market."

  Forum: By Share Code

SAM172
Posted on: Sep 23 2009, 11:35 AM


Group: Member
Posts: 359

A bit of a build up on the buy side - are we ready to attack illusive 10c level ? biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Sep 17 2009, 01:33 PM


Group: Member
Posts: 359

This stock is beginning to look very healthy , seems like higher SP is only a matter of time..

POG over $1000 always helps... laugh.gif
  Forum: By Share Code

SAM172
Posted on: Sep 10 2009, 01:44 PM


Group: Member
Posts: 359

Wonder who will be dropped for Ponting in the next game... Thought it might be White but not anymore..


May be it's time for Mr. Cricket to have a rest from cricket ?
  Forum: Off Topic Chat

SAM172
Posted on: Sep 7 2009, 02:40 PM


Group: Member
Posts: 359

Well, happy with couple of wins but get this funny feeling that standard of australian cricket is spiralling down. Batting line up missing Ponting badly and on this form we will not even come close to beating sides like India or SA.

One positive, Ferguson will be in this team for a while, looks comfortable at this level...
  Forum: Off Topic Chat

SAM172
Posted on: Sep 4 2009, 04:25 PM


Group: Member
Posts: 359

This stock seem to be in favour whenever POG approaches $1000 which is where their future production become profitable..
  Forum: By Share Code

SAM172
Posted on: Aug 26 2009, 02:36 PM


Group: Member
Posts: 359

That big seller is looking a bit silly now...
  Forum: By Share Code

SAM172
Posted on: Aug 13 2009, 02:48 PM


Group: Member
Posts: 359

I think technical term for this 'share raid' - the question is - WHY ?
  Forum: By Share Code

SAM172
Posted on: Jul 27 2009, 10:02 AM


Group: Member
Posts: 359

Please, please don't tell me Watson fooled selectors yet again ...

He looks 1st class against second class teams but England national team (not a great team at all) will have him for breakfast. If we pick him we'll lose a bowler and a batsman...


As sad as it sounds, Macca might be a better choice..

Looks like Johnson is going to miss out - what a turnaround in form !!!
  Forum: Off Topic Chat

SAM172
Posted on: Jun 19 2009, 10:10 AM


Group: Member
Posts: 359

We are still not any clearer on correlation between winning contracts and making money out of them.

Until we do, stock remains a speculative one and no significant upwards price movement is warranted (with the exception of initial excitement).
  Forum: By Share Code

SAM172
Posted on: Jun 10 2009, 04:22 PM


Group: Member
Posts: 359

errrrr...., price catching up to true value ? cool.gif
  Forum: By Share Code

SAM172
Posted on: May 26 2009, 03:24 PM


Group: Member
Posts: 359

http://www.biotechnologynews.net/StoryView...StoryID=1027514

"The report says that after money owing to staff, trade creditors and the administrators and liquidators (an estimated $2.1 million, all told) is taken out of the equation, only $1.4 million is likely to available to return to shareholders.

That’s 0.47c per share.. "

Did I read it correctly ? laugh.gif
  Forum: By Share Code

SAM172
Posted on: May 14 2009, 10:40 AM


Group: Member
Posts: 359

Is there a life in the old dog ?? wink.gif
  Forum: By Share Code

SAM172
Posted on: May 4 2009, 12:00 PM


Group: Member
Posts: 359

I think it's important at this stage, to distinquish between winning an $x M contract and actually making $1 (or more) profit out of it - two VERY BIG differences laugh.gif

Just hope they are not making the same mistake as a lot of similar companies before them - winning a contract for the sake of winning (read, no profit at the end).. blush.gif
  Forum: By Share Code

SAM172
Posted on: Apr 8 2009, 03:51 PM


Group: Member
Posts: 359

Not 30c (those bottoms are hard to pick blush.gif ) but got some at 42c and again at 34c - still no complains.. biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Apr 3 2009, 10:07 AM


Group: Member
Posts: 359

http://www.crikey.com.au/Business/20090227...t-of-shame.html
  Forum: Off Topic Chat

SAM172
Posted on: Apr 2 2009, 11:54 AM


Group: Member
Posts: 359

Only 15 sleeps till pay day, Terrine biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Feb 28 2009, 07:10 PM


Group: Member
Posts: 359

Yes, saw it in the paper the other day - makes me feel a bit better, all 3 went on to have a good (not great) careers..(Reid's badly shortened by injuries)
  Forum: Off Topic Chat

SAM172
Posted on: Feb 26 2009, 12:48 PM


Group: Member
Posts: 359

Well, averaging down is one thing, impatiently grabbing some at 20% above last sale price is a bit different...
  Forum: By Share Code

SAM172
Posted on: Feb 26 2009, 09:16 AM


Group: Member
Posts: 359

a bit of interest in last couple of days is actually freaking me out... blush.gif

anyone can think of a reason ??
  Forum: By Share Code

SAM172
Posted on: Feb 25 2009, 10:19 AM


Group: Member
Posts: 359

As australian supporter, stats below really scare me... ohmy.gif

What's more, at least 3 players with ZERO against their names are most likely to play. When was the last time Australia (or any other team for that matter) fielded 3 (or more) debutants ??











BAGGY GREENHORN
AUSTRALIA

281 Tests (14-man squad)

Ponting 128, Clarke 44, Katich 35, Hussey 34, Johnson 18, Haddin 12, Siddle 4, Hauritz 4, McDonald 1, Bollinger 1, Hughes 0, McGain 0, Hilfenhaus 0, North 0.

SOUTH AFRICA

630 Tests (12-man squad)

Kallis 128, Boucher 123, Ntini 96, Smith 75, McKenzie 56, De Villiers 49, Amla 34,

Steyn 30, Harris 21, Morkel 15, Duminy 3, Tsotsobe 0.
  Forum: Off Topic Chat

SAM172
Posted on: Feb 13 2009, 10:54 AM


Group: Member
Posts: 359

Stimulus Payment Info.


"This year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting new program that I will explain using the Q and A format:

Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. Only a smidgin.

Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set or some such thing, thus stimulating the economy.

Q. But isn't that stimulating the economy of China ?
A. Shut up.


Below is some helpful advice on how to best help the Australian economy by spending your stimulus cheque wisely:

If you spend that money at Kmart, all the money will go to China .
If you spend it on petrol it will go to the Arabs.
If you purchase a computer it will go to India .
If you buy a car it will go to Japan .
If you purchase useless crap it will go to Taiwan .

And none of it will help the Australian economy.

We need to keep that money here in Australia. You can keep the money in Australia by spending it at garage sales, going to a cricket match or footy game, or spend it on prostitutes, beer and wine (domestic ONLY), or tattoos, since those are the only businesses that may still be owned by Aussies
  Forum: Off Topic Chat

SAM172
Posted on: Jan 13 2009, 08:33 AM


Group: Member
Posts: 359

In reply to: bam_bamm on Tuesday 13/01/09 09:25am

by all reports, he was absolutely spent after that first over - that makes him a very doubtful starter for red ball contest ohmy.gif
  Forum: Off Topic Chat

SAM172
Posted on: Jan 8 2009, 10:14 AM


Group: Member
Posts: 359

Well, some sanity has been restored - Warner in 20/20 squard biggrin.gif

Can't wait to see him in action..

If he scores well in 20/20, selectors (not for the first time this season) will look like fools for not picking him in ODI team...

  Forum: Off Topic Chat

SAM172
Posted on: Jan 7 2009, 10:25 AM


Group: Member
Posts: 359

In reply to: bam_bamm on Wednesday 07/01/09 11:21am

speaking of last night's twenty20...

Can selectors possibly NOT include Warner in our 20/20 side ???
  Forum: Off Topic Chat

SAM172
Posted on: Jan 6 2009, 10:39 AM


Group: Member
Posts: 359

Never fear... Hayden will be there in SA and England - seems like selectors are more pigheaded then anyone thought.. thumbdown.gif

  Forum: Off Topic Chat

SAM172
Posted on: Jan 2 2009, 11:06 AM


Group: Member
Posts: 359

In reply to: LIVERPOOL on Friday 02/01/09 11:51am

Sucker rally enters its final phase... lmaosmiley.gif
  Forum: By Share Code

SAM172
Posted on: Dec 31 2008, 11:21 AM


Group: Member
Posts: 359

In reply to: LIVERPOOL on Wednesday 31/12/08 12:15pm

DID THEY FIND A SUGAR DADDY ?? biggrin.gif biggrin.gif biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Dec 31 2008, 10:38 AM


Group: Member
Posts: 359

In reply to: veeone on Wednesday 31/12/08 10:23am

I guess that's the reason we have sucker rallies - plenty of suckers around, especially at his time of the year... devilsmiley.gif
  Forum: By Share Code

SAM172
Posted on: Dec 29 2008, 02:33 PM


Group: Member
Posts: 359

Irrespective of what happens for the rest of this match, some things are bleeding obvious...

The 'old boys' club has to go... and that includes some of the selectors who cannot look past their beer can...

Does Hayden have another good innings in him ? ..probably, but WHO CARES ???

How could they pick Symonds who can hardly run ??

Who do they pick instead ?? Does not really matter, yes - it's that bad.. so many around the country deserve a chance..

Also, would be interesting to know the truth (the whole truth) about extent of Lee's injury.. grrr.gif
  Forum: Off Topic Chat

SAM172
Posted on: Dec 17 2008, 02:02 PM


Group: Member
Posts: 359

In reply to: arty on Wednesday 17/12/08 12:19pm

In all fairness, when you 'predict' enough stocks to go lower in this market, you are going to get some right.. cool.gif

I'll pay a bit more attention to this prophecy when OSH hits $3 and BHP $15.... tongue.gif
  Forum: By Share Code

SAM172
Posted on: Dec 16 2008, 09:40 AM


Group: Member
Posts: 359

In reply to: BSA on Tuesday 16/12/08 10:31am

Well, that whould be a simple explanation - guess will have to wait and see if that's the case..

Government Carbon trading policy may also be a factor..
  Forum: By Share Code

SAM172
Posted on: Dec 16 2008, 09:13 AM


Group: Member
Posts: 359

SP spiked in the last few sessions (despite all the negativity expressed )

Anyone can offer a reason ?? ohmy.gif


Hate to be in the dark.... mad.gif
  Forum: By Share Code

SAM172
Posted on: Dec 12 2008, 08:57 AM


Group: Member
Posts: 359

latest from ABN AMRO..


Ventracor (VCR, $0.073) Sell
VCR has not raised sufficient funds to ensure the business can continue as a going concern. Therefore,
we move to a Sell recommendation. Despite a concerted effort over a number of months, VCR has been
unable to raise sufficient funds to operate the business as a going concern. In a number of recent
releases VCR noted that it required about $10m to fund its operations until June 2009. As a result, VCR
has very few options remaining and could be a forced seller of the business. The cash reserves were
$11.4m as at 31 October 2008. Given the current situation, forecasting revenue and costs has become
difficult, if not meaningless. We have removed the funding assumptions from our forecasts and reduced
unit sales, particularly post 2012. Unit and profit forecasts are contained overpage. We move to a Sell
recommendation (from Hold). Our DCF valuation for VCR has reduced to $0.02 (from $0.40) as a result
of the failure to source the sufficient funding to operate the business. The key assumptions in deriving
our DCF include a WACC of 16.6%, risk-free rate of 6.5% and a terminal growth rate of 2.5%. We have
set our target price at the same level as our DCF valuation of $0.02 (was $0.28). The key upside risk to
our target price is that a strategic investor is secured to maintain the momentum of the current clinical
program. The downside risk is that no buyer is found for the business and administrators are appointed.
  Forum: By Share Code

SAM172
Posted on: Dec 2 2008, 09:31 AM


Group: Member
Posts: 359

QUOTE (clifton @ Tuesday 02/12/08 10:15am)

QUOTE
If I pick up shares in the SPP at 8.1c, and the SPP is unsuccessful, then I get my money back.


Can someone point to a legal document saying that this is the case ? Surely, one cannot just assume this just because director said so... lmaosmiley.gif

Also, are they really after 10M or nothing ? would, say, 7M be sufficient ??
  Forum: By Share Code

SAM172
Posted on: Nov 7 2008, 12:25 PM


Group: Member
Posts: 359

In reply to: blueice on Friday 07/11/08 01:21pm

MAH showed tendency to recover well on a 'good' market day...

For what it's worth - I topped up today... blink.gif
  Forum: By Share Code

SAM172
Posted on: Nov 5 2008, 07:45 PM


Group: Member
Posts: 359

In reply to: chiller on Wednesday 05/11/08 05:03pm

Interesting point there, Chiller...


My first reaction was "would India want to win in such a way ?" and I had to admit to myself - yes, India would...

The question "who rules the cricket world" has been around a block a few times, this is no exception...

You'd think, if Gambhir plays , the rule should be a match forfeit, but as Australian I would not want to retain the trophy in such way.. thumbdown.gif

The idea of not accepting ICC decision is ludicrous, is there any other sport where similar situation occurs ??

In ideal world, I'd like to see any country disobeying ruling body be banned for a period of time
  Forum: Off Topic Chat

SAM172
Posted on: Oct 30 2008, 12:04 PM


Group: Member
Posts: 359

In reply to: blueice on Thursday 30/10/08 12:25pm

I believe Maquarie "Experts" change their recommendation from Outperform to Neutral couple of weeks ago...

If MAH can maintain its current divvy, it's not a bad buying IMHO...
  Forum: By Share Code

SAM172
Posted on: Oct 30 2008, 10:52 AM


Group: Member
Posts: 359

In reply to: blueice on Thursday 30/10/08 10:17am

Yes, it's all a bit puzzling...sadsmiley02.gif

I wonder if Leighton is selling their stake to invest elsewhere...
  Forum: By Share Code

SAM172
Posted on: Oct 29 2008, 09:52 PM


Group: Member
Posts: 359

In reply to: henrietta on Wednesday 29/10/08 10:50pm

Home season and some good ol fashion Kiwi bashing cannot come soon enough.. biggrin.gif
  Forum: Off Topic Chat

SAM172
Posted on: Oct 27 2008, 10:06 PM


Group: Member
Posts: 359

In reply to: AgentCooper on Monday 27/10/08 10:42pm

No prob Coop,

I did not have a whole lot tied up in this one and as I said, IMO the game is not over yet cool.gif


If I do eventually loose, not the end of the world - would not be the first or last loosing stock, i'm sure...


As we all know, the name of the game is to pick majority of winners... graduated.gif
  Forum: By Share Code

SAM172
Posted on: Oct 27 2008, 03:19 PM


Group: Member
Posts: 359

In reply to: AgentCooper on Monday 27/10/08 04:04pm

AC,

You lost the meaning of my post completely....

How can I be "gloating" if I am a suffering long term holder myself - nothing is further from the truth !!

My point is that OIL is a speculative play and ALWAYS was one and I allocated my funds accordingly..

In fact, it was you who read the last rights to this company which IMHO is not a forgone conclusion..

As I mentioned, many companies of this kind are in the gutter at the moment some will survive and some won't and all things being equal OIL has a good chance to be a survivor..
  Forum: By Share Code

SAM172
Posted on: Oct 27 2008, 01:17 PM


Group: Member
Posts: 359

Hi guys,

looks like I missed all the fun - slowly but surely you all started to see it "Sam's way"


It was not that long ago that I posed a question about company's solvency...

"Are you serious ?" was response then...

But capital raising was on the agenda for about last 2 years.

Sure, money is harder to come by these days, but someone will get them, why not OIL ??

There are number of stocks that are in the gutter because they need extra cash (just listen to wingers at VCR forum - pathetic) , surely ALL of them won't go broke ???

I recon, the company is as speculative play now as it always was, just with much cheaper entry level...

Oh, can someone clarify it for me, pls - restructure thingy the mentioned in announcement, is that something you do once administrator is appointed (serious qn) ? weirdsmiley.gif
  Forum: By Share Code

SAM172
Posted on: Oct 27 2008, 10:14 AM


Group: Member
Posts: 359

QUOTE (Zaitech @ Monday 27/10/08 11:05am)

same here...

may turn out a silly thing to say by close of trade, but PNA seems to be looking a bit stronger and I start feeling uncomfortable sitting on cash for fear of missing out...

Let's see how it goes... ohmy.gif
  Forum: By Share Code

SAM172
Posted on: Oct 27 2008, 09:34 AM


Group: Member
Posts: 359

well guys, you can stop worrying now - a firm bottom of ZERO seems to be in place .. grrr.gif
  Forum: By Share Code

SAM172
Posted on: Oct 13 2008, 05:09 PM


Group: Member
Posts: 359

QUOTE (theadder @ Monday 13/10/08 02:28pm)

I have serious doubts about Watson's long term value in Test cricket (definitely deserves a spot in ODI side)

Even Watson himself would not be able to say whether he's a bowler who can bat or batsman who can bowl lmaosmiley.gif

He's one of those who's ok at both but not really at Test level at either - really hope to be proven wrong..
  Forum: Off Topic Chat

SAM172
Posted on: Oct 2 2008, 01:26 PM


Group: Member
Posts: 359

In reply to: dee27 on Tuesday 30/09/08 03:28pm

Well, may be you are correct.. rolleyes.gif

But it seems that none of the 'upbeat' people have any cash to spare..(those with bids of 1c and 2c do not count) - may be there is not that many of them after all.. biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Sep 30 2008, 02:26 PM


Group: Member
Posts: 359

In reply to: dee27 on Tuesday 30/09/08 03:12pm

Hey Dee,

So, you are saying there is a limit to how much money she wants to make ?? (as there is a limit to how much success company may enjoy in the future) tongue.gif


PS: Please guys, don't mention legal reasons, blah, blah....
  Forum: By Share Code

SAM172
Posted on: Sep 30 2008, 02:05 PM


Group: Member
Posts: 359

In reply to: skorpian on Tuesday 30/09/08 03:02pm

QUOTE
Vicki was very upbeat...



but not upbeat enough to snap up these cheap shares... thumbdown.gif
  Forum: By Share Code

SAM172
Posted on: Sep 26 2008, 10:16 AM


Group: Member
Posts: 359

In reply to: blueice on Friday 26/09/08 10:20am

Considering the track record of that mob, it is another BUY signal .. tongue.gif
  Forum: By Share Code

SAM172
Posted on: Sep 8 2008, 08:14 PM


Group: Member
Posts: 359

In reply to: Bever on Monday 08/09/08 05:32pm

Well, for every view there is an alternative view...


It's only a few years ago I bought them for 60c , got 30c special div and sold for around $4

never thought I'll get a second bite of the cherry but here it is !!

got some early last week and got some more last Friday - let's see if lightning strikes twice... tongue.gif
  Forum: By Share Code

SAM172
Posted on: Aug 28 2008, 11:09 AM


Group: Member
Posts: 359

In reply to: carneius on Thursday 28/08/08 12:06pm

it's becoming pretty obvious, there are those who have some info, and the rest of us.. sadsmiley02.gif
  Forum: By Share Code

SAM172
Posted on: Aug 28 2008, 10:49 AM


Group: Member
Posts: 359

In reply to: terrine on Wednesday 27/08/08 05:44pm

Too right, Terrine biggrin.gif

This bear market has taken a few good stocks with it, none better then MCU (IMHO)

When it went under 80c it was cheap - under 60c it was just silly, i could not buy all under 60c but got plenty..now hold more then ever..

4c FF div for the year is just an icing on the cake

tongue.gif
  Forum: By Share Code

SAM172
Posted on: Aug 25 2008, 01:14 PM


Group: Member
Posts: 359

from today's SMH :

Bowel screen program hits fund crisis


Julie Robotham Medical Editor
August 25, 2008


A NATIONAL program to detect cases of Australia's second deadliest cancer is in danger of falling apart through under-funding and its promised reduction in deaths cannot be guaranteed, say leading specialists and architects of the Federal Government service.

The bowel cancer screening program was launched in 2006, but the Government has not committed to recurrent screening of people whose first test was clear - raising the possibility of new tumours developing or cancers that were missed the first time progressing to a more dangerous stage.

"It's completely unacceptable … I think, frankly, there is concern the program will fall apart," said Graeme Young, the head of Adelaide's Flinders Centre for Cancer Prevention and Control, and a member of the expert group that drafted the program. "The evidence is very clear that you are meant to do the tests at a given frequency", of two years at most, to maximise the chance of finding the cancer when treatable, said Professor Young.

Research shows two-yearly screening cuts deaths from the disease by up to one-third. In 2004, 4068 Australians died from bowel cancer; only lung cancer claimed more lives.

Finlay Macrae, head of Royal Melbourne Hospital's department of colorectal medicine and genetics, said, "We have no confidence that one-off screening can deliver the same mortality reduction benefits promoted in the program."

Terry Bolin, a Sydney specialist, said even two years was too long between tests. "It should be yearly - 20 per cent [of cancers] you will miss because they're not bleeding at the time of the test," said Professor Bolin, president of specialist group the Gut Foundation, who favours 10-yearly colonoscopy tests over stool tests for screening.

During the program's first two years, a million kits were distributed to 55 and 60 year olds, allowing people to collect a stool sample, which they then mail to a pathology service to analyse for traces of blood that might indicate cancer. About 40 per cent of those invited return the kit, of whom about one in 20 is referred for a colonoscopy examination.

Cancer, or pre-cancerous polyps, was identified in more than half those people, "indicating the program is achieving its objective of early detection of bowel cancer in people without symptoms," according to a statement issued by the Department of Health and Ageing.

In the program's next phase, until 2010, people who turn 50, 55 or 60 will receive a screening kit.

A spokesman for the Health Minister, Nicola Roxon, confirmed there were no plans to fund recurrent screening. "While re-screening for past and future participants is not available at this time, this situation will be reviewed in the future taking into account broader budget considerations," he said in a statement to the Herald.

He said the program - to which $87.5 million has been allocated over three years - was being, "phased in gradually to ensure … colonoscopy and treatment services are able to meet any increased demand."

But Ian Olver, chief executive officer of Cancer Council Australia, said, "There's still plenty of capacity [in colonoscopy services]," and this was not a reason to delay rescreening.

  Forum: By Share Code

SAM172
Posted on: Aug 21 2008, 05:04 PM


Group: Member
Posts: 359

In reply to: bam_bamm on Thursday 21/08/08 06:01pm

Hey B-B,

Embrace the technology, mate tongue.gif

E-tax is as easy as.. and you get your return in about 6 working days - no sweat.
  Forum: Investment Discussion

SAM172
Posted on: Aug 18 2008, 05:31 PM


Group: Member
Posts: 359

In reply to: dee27 on Monday 18/08/08 03:52pm

I must say, Dee , i do share your concern.. ohmy.gif


While one may argue that volume was not all that large, this stock does not normally go through a lot of volume.

Hope VT was not telling any anti-asian jokes at the meeting biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Jul 22 2008, 08:58 PM


Group: Member
Posts: 359

from ABN AMRO....

Biota Holdings (BTA, $0.755) Buy
BTA announced it has concluded the legal case with GSK at a mediation hearing. In essence, the
agreement provides for a payment to BTA of $20m. Although this amount is below market expectations,
we believe it is a sound commercial outcome. Following formal mediation, BTA has concluded its
litigation against GSK. BTA and GSK have agreed to normalise their relationship to pursue the best
interests of Relenza. Going forward, the focus will be on establishing the Relenza franchise particularly
in the important market of prepandemic influenza risk management, an area of considerable concern to
both government and business. The agreement provides for a payment to Biota of $20m, with each
party bearing their own litigation costs. The payment will be made on 18 August 2008. The existing
master agreement between the parties remains unchanged. We view the resolution of this litigation and
the cessation of ongoing expenditures on a potentially protracted legal battle to be a positive for the
company. While we had looked for a higher payment, it appears to us that GSK has a renewed focus on
developing the relationship. As a result of these changes, our DCF valuation has increased slightly to
$1.29 (was $1.26). Our target price is set at the same level. Risks to our target price include a delay in
partnering key projects or failure to achieve key end points.
  Forum: By Share Code

SAM172
Posted on: Jun 24 2008, 06:25 PM


Group: Member
Posts: 359

Awfully quiet on this board...

Hang in there guys, only a few tax selling days left biggrin.gif


Having said that, my sub 20c prediction will probably not going to happen. With that in mind, i got a tidy parcel today - if it will get a few cents lower, I'll get some more - if not, happy with what i got lmaosmiley.gif
  Forum: By Share Code

SAM172
Posted on: Jun 15 2008, 01:15 PM


Group: Member
Posts: 359

QUOTE (Livas1 @ Sunday 15/06/08 10:47am)

Not quite correct, mate - there are 4.5 places from Asia group - first 4 will go through and 5th will be in play off with another group

http://www.fifa.com/worldcup/preliminaries/asia/index.html
  Forum: Off Topic Chat

SAM172
Posted on: Jun 14 2008, 11:00 AM


Group: Member
Posts: 359

Just a thought guys....

Do you think any announcement will be stronger then motivation to sell for tax purposes ?

Somehow, i doubt it - so, making a 'slightly' positive announcement in June is a waste, IMO..
  Forum: By Share Code

SAM172
Posted on: Jun 13 2008, 01:47 PM


Group: Member
Posts: 359

Here come the sub 30c .. and it's only 13th of June...

What will it be in 2 weeks ? Sub 20c ? I'm not brave enough to say it won't happen ... stun.gif
  Forum: By Share Code

SAM172
Posted on: Jun 5 2008, 06:09 PM


Group: Member
Posts: 359

In reply to: pete152 on Thursday 05/06/08 04:51pm

Are you guys for real ? Ever heard of tax selling ?

If there ever was a candidate for tax selling, this is the one , baby laughingsmiley.gif

While you guys waiting for this stock to become a ten-bagger, it's been a great trading stock - sold for 41.5c for a 20% gain, which was a THIRD 20% gain in last 6 months - not bad for a dog stock ! tongue.gif

There is no doubt, I will be back in sometime in June - who knows at what price - sub 20c is a real possibility...
  Forum: By Share Code

SAM172
Posted on: May 22 2008, 10:23 PM


Group: Member
Posts: 359

AMN AMRO's view (and mine) remains unchanged..

Technology One (TNE, $0.86) Buy
TNE continues to migrate its customers to its new CI platform which will maintain
its competitive market position. The company reiterated its guidance of 15-20%
NPAT growth and continued focus on integration. We make no changes to our
forecasts, DCF valuation and target price of $1.11. The key assumptions used to
derive our valuation include a WACC of 11.1%, a risk-free rate of 6.25% and a
terminal growth rate of 3.0%. Risks to our target price include the successful
integration of ECM, potential delays in new release rollouts and a possibly negative
(although unlikely in our view) outcome from the Federal government’s review of
its IT providers. Buy recommendation retained.
  Forum: By Share Code

SAM172
Posted on: May 19 2008, 08:47 PM


Group: Member
Posts: 359

Hi,

A question about Lenders Mortgage Insurance which is required when you borrow over 80% of the value of the property.


Presumably, insurance is valid for the term of the loan (ie 30 years).

If you sell property about 18 months after taking out the loan, can you get some portion of your insurance premium back ?

(similar to getting car insurance premium back if you sell your car before insurance expired).
  Forum: Off Topic Chat

SAM172
Posted on: May 14 2008, 11:09 PM


Group: Member
Posts: 359

Can someone explain to me (from the Budget) , how someone on 50K gets $19/week and someone on 60K gets $11/week if their tax cuts are EXACTLY the same ??

seems like the same $11/week to me....
  Forum: Investment Discussion

SAM172
Posted on: May 14 2008, 09:03 PM


Group: Member
Posts: 359

From our friends at ABN AMRO :

Technology One (TNE, $0.86) Buy
TNE is to report its interim result on 21 May. Recent commentary from the
company underpins its guidance of 15-20% profit growth for FY08 and supports
our positive view towards the IT sector. No change to our forecasts. A good entry
point into company. Although we have made no changes to forecasts, we have
reduced our DCF valuation and price target to $1.11 (from $1.23) following
changes to the WACC and longterm growth rate. The key assumptions to derive
our valuation include a WACC of 11.1%, a risk-free rate of 6.25% (was 5.75%)
and a long-term terminal growth rate of 3.0% (was 3.5%). Risks to our target
price include the successful integration of Avand, the implementation of
Connected Intelligence Solutions suite and potential delays in new release rollouts
  Forum: By Share Code

SAM172
Posted on: May 12 2008, 07:43 PM


Group: Member
Posts: 359

In reply to: jadco55 on Monday 12/05/08 05:09pm

lukewarm response from a market - just get the feeling this stock is flying under radar of the big boys biggrin.gif
  Forum: By Share Code

SAM172
Posted on: May 2 2008, 04:56 PM


Group: Member
Posts: 359

Don't you guys love times like this - brain says "Sell into strength" (nothing fundamentally changed in the company in last few months), but heart (and colon wacko.gif ) says " this could be the beginning of something special...."
  Forum: By Share Code

SAM172
Posted on: Apr 3 2008, 01:22 PM


Group: Member
Posts: 359

Hmm... hands up those who think this announcement smells... thumbdown.gif

Director sold most of his shares just before he has a chance to make a killing ? - I don't think so, Tim...

I mean , when was the last time Cochlear made announcement of THIS kind ?? Get the picture ? lmaosmiley.gif
  Forum: By Share Code

SAM172
Posted on: Mar 25 2008, 07:53 PM


Group: Member
Posts: 359

Some freaky stats from Cricinfo about current game Eng v NZ :


It's all set up for a Brendon McCullum double-century ... and here's why. Christchurch, March 2002. England bat first, slump to 0 for 2 (Six years later, it's 4 for 3). They get rescued by a century from their No. 4 batsman, who scores nearly 50% of the innings runs (Nasser Hussain, 106 out of 228, Kevin Pietersen 129 out of 253). New Zealand collapse to a seven-for from a Yorkshire-born swing bowler (Matthew Hoggard 7 for 63, Ryan Sidebottom 7 for 47), and concede a lead of 80-odd runs (81, 85). England bat again on a sun-baked pitch, and declare on 468 for 6 (Thorpe 200, Flintoff 137) and 467 for 7 (Strauss 177, Bell 110). New Zealand set 550 and 552 respectively to win. Cue Nathan Astle's unforgettable 222 from 168 balls.

ohmy.gif
  Forum: Off Topic Chat

SAM172
Posted on: Mar 20 2008, 02:18 PM


Group: Member
Posts: 359

It seems there are 3 types of announcement that can be issued to ASX : good, bad and "Optiscan'


Todays' is no exception.... ohmy.gif
  Forum: By Share Code

SAM172
Posted on: Mar 7 2008, 03:25 PM


Group: Member
Posts: 359

Those clowns at ABN AMRO really crack me up biggrin.gif


They had a BUY on VCR at 80c and HOLD when it 'reached' 40c


My guess it might be a SELL from them at 15c... lmaosmiley.gif
  Forum: By Share Code

SAM172
Posted on: Mar 7 2008, 10:33 AM


Group: Member
Posts: 359

not normally the one to believe in 'conspiracy theory' but some curious trading going on in last couple of days...


Reminds me of trading that was happening for couple of weeks before Zeiss deal was announced


ohmy.gif
  Forum: By Share Code

SAM172
Posted on: Feb 25 2008, 06:01 PM


Group: Member
Posts: 359

In reply to: miningnut on Monday 25/02/08 11:37am

I dare say, buyers appearing before Wednsday's teleconference where Terry Fern will remind everyone (as he always does) how undervalued share price is comparing to brokers valuation.

Somehow, it works every time for a few days of enthusiastic buying.

We need some discovery and we need it fast...
  Forum: By Share Code

SAM172
Posted on: Jan 5 2008, 06:02 PM


Group: Member
Posts: 359

In reply to: wolverine on Saturday 05/01/08 05:56pm

Wolvie,


Fully agree with that, but code of conduct prevents all of us calling a spade a spade..


This goes not only for sport but for all walks of life - work, relatives etc...
  Forum: Off Topic Chat

SAM172
Posted on: Jan 5 2008, 03:44 PM


Group: Member
Posts: 359

In reply to: henrietta on Saturday 05/01/08 04:37pm

Hi Henrietta,

Why don't you enlighten me - what's your take on it ?

Here's mine : Habarjan called Roy a monkey , Ponting lodged complaint with the umps - pretty simple - or there is more to it ??
  Forum: Off Topic Chat

SAM172
Posted on: Jan 5 2008, 02:15 PM


Group: Member
Posts: 359

well, the think plottens...

I don't believe for one second that Symonds (or anyone) can be offended by being called a monkey (was not that long ago that Healy called Ranatunga a fat c..t for all to hear), but if Harbhajan is banned for next 2 tests, that would explain a reason for lodging a complaint

I hope for the sake of the series, it will not happen.... weirdsmiley.gif
  Forum: Off Topic Chat

SAM172
Posted on: Dec 24 2007, 12:40 PM


Group: Member
Posts: 359

In reply to: johnmcconks on Monday 24/12/07 01:28pm

Just a stab in the dark here - it could be the word "LOSS' next to a huge $ figure in annual report ohmy.gif
  Forum: By Share Code

SAM172
Posted on: Oct 31 2007, 08:22 PM


Group: Member
Posts: 359

In reply to: crudeoil on Wednesday 31/10/07 08:59pm

Dear Crude,

Being the best performer of the month is not unusual for a penny dreadful stock.


It's a small comfort for holders who paid well in excess of 20c.


How long will it take to go back to 12c or below ??

Watch this space...
  Forum: By Share Code

SAM172
Posted on: Oct 26 2007, 06:09 PM


Group: Member
Posts: 359

I honestly feel sorry for shareholders in this dog of a company..


At least if it went broke, people would be able to move on and (hopefully) learn some lessons from the experience.

Now ,it seems (if Barrick does not change its mind) it will survive, but I cannot see any reason for SP to increase.. thumbdown.gif
  Forum: By Share Code

SAM172
Posted on: Oct 26 2007, 05:58 PM


Group: Member
Posts: 359

Gees , I hope today's little rush of blood is not a response to director buying lousy 20K shares. ohmy.gif


If it is - we have to be worried about the kind of people invest in this company.


If anything, such a small amount of support from a director really shows how little faith they have in company's future... thumbdown.gif
  Forum: By Share Code

SAM172
Posted on: Oct 24 2007, 08:52 PM


Group: Member
Posts: 359

Here's what FN Arena had to say :

ARR - What is wrong with Arasor ((ARR))? It is an oft heard question these days, including from readers of this Weekly Analysis. It would appear one institutional investor in the US has lost his patience and is selling all shares at any price, forcing the share price to drop to near $1.50 this week, the price at which the company floated last year. The share price peaked at close to $4.00 in April this year. Don't expect a recovery before this shareholder is finished selling.
  Forum: By Share Code

SAM172
Posted on: Oct 18 2007, 09:59 PM


Group: Member
Posts: 359

In reply to: terrine on Thursday 18/10/07 02:12pm

She's doing fine, terrine,

It is my personal observation, that stock performance is inversely proportional to its 'popularity' on a forum lmaosmiley.gif

Once we get past some sellers next week keen to bank 10c (or whatever) profit from SPP, some nice price appreciation should happen... wub.gif
  Forum: By Share Code

SAM172
Posted on: Sep 25 2007, 07:49 PM


Group: Member
Posts: 359

In reply to: terrine on Tuesday 25/09/07 12:03pm

Just when i said it is being ignored, it has been recommended by ASR biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Sep 21 2007, 10:47 AM


Group: Member
Posts: 359

In reply to: terrine on Friday 21/09/07 11:37am

In article 'Dotcom's second coming' few "experts" select their pick...

They regard MCU's outlook is healthy and reasonable valuation.

"Internet expenditure rose 24% for 6 months to June 30. We expect Mitchell to deliver a $16.6M profit in 2008"
  Forum: By Share Code

SAM172
Posted on: Sep 21 2007, 09:53 AM


Group: Member
Posts: 359

In reply to: terrine on Friday 21/09/07 10:06am

Hi Terrine,


I just love this stock, especially the way it drifts down 'on boredom' and has done it so consistently, u can bank on it biggrin.gif

While my 10c parcel is safely locked away, my trading parcel has been very active lately..


For a company that grows at rapid rate and pays dividends, lack of coverage from big boys still amazes me, although Bell Potter Securities picked it as 'best tech stock' in this month's Smart Investor... DOH !!!
  Forum: By Share Code

SAM172
Posted on: Sep 7 2007, 01:42 PM


Group: Member
Posts: 359

In reply to: crudeoil on Friday 07/09/07 02:36pm

but still leaks like a sieve on the way to the bottom..
  Forum: By Share Code

SAM172
Posted on: Sep 7 2007, 10:50 AM


Group: Member
Posts: 359

Well, wel - the thick plottens.. tongue.gif

I must admit, i sold out for $4.10 as i didn't expect Pallinghurst to be that stupid.

If i know anything about ukranians is that they will not give up out of principle and will pay $10 if they have to..


Good luck to all holders - $5 might be on the cards ... laughingsmiley.gif
  Forum: By Share Code

SAM172
Posted on: Aug 16 2007, 05:38 PM


Group: Member
Posts: 359

In reply to: terrine on Thursday 16/08/07 02:36pm

too right terrine,

todays' prices were too good to resist... tongue.gif
  Forum: By Share Code

SAM172
Posted on: Jul 23 2007, 06:58 PM


Group: Member
Posts: 359

In reply to: crudeoil on Monday 23/07/07 11:04am

What's even more interesting is what is the reason for selling Ramu lmaosmiley.gif

My guess is, the new boss asked the board for more money to get the gold mine off the ground and going to the market is out of the question as noone would give them a red cent with the way things are.. thumbdown.gif

To me it's a 'writing on the wall' announcement which highlights how the things really going...

Time will tell
  Forum: By Share Code

SAM172
Posted on: Jul 3 2007, 08:55 PM


Group: Member
Posts: 359

..and what's the deal with two decimal places on the volume - can you buy 1/2 a share ?? tongue.gif
  Forum: Investment Discussion

SAM172
Posted on: Jul 1 2007, 09:14 PM


Group: Member
Posts: 359

Just noticed that new look comsec lists price of oil under 'base metals' - hmmmm... ohmy.gif
  Forum: Investment Discussion

SAM172
Posted on: Jun 30 2007, 09:49 PM


Group: Member
Posts: 359

What a pity Asian Cup is not shown on free TV thumbdown.gif


Does anyone know a place on internet where you can watch it from ?
  Forum: Off Topic Chat

SAM172
Posted on: Jun 27 2007, 02:25 PM


Group: Member
Posts: 359

Apologies if question is a bit silly....


Wasn't yesterday (Tuesday) the last day for tax loss selling ? I mean, today's trades will be completed on Monday 2nd of July - ie next fin. year ohmy.gif


Or am i missing something ?

  Forum: Off Topic Chat

SAM172
Posted on: Jun 26 2007, 06:11 PM


Group: Member
Posts: 359

A store that sells new husbands has just opened in New York City, where a woman may go to choose a husband. Among the instructions at the entrance is a description of how the store operates:

You may visit this store ONLY ONCE! There are six floors and the value of the products increase as the shopper ascends the flights. The shopper may choose any item from a particular floor, or may choose to go up to the next floor, but you cannot go back down except to exit the building!

So, a woman goes to the Husband Store to find a husband. On the first floor the sign on the door reads:

Floor 1 - These men Have Jobs.

She is intrigued, but continues to the second floor, where the sign reads:

Floor 2 - These men Have Jobs and Love Kids.

"That's nice", she thinks, "but I want more."

So she continues upward. The third floor sign reads:

Floor 3 - These men Have Jobs, Love Kids, and are Extremely Good Looking.

"Wow," she thinks, but feels compelled to keep going.

She goes to the fourth floor and the sign reads:

Floor 4 - These men Have Jobs, Love Kids, are Drop-dead Good Looking and Help With Housework.

"Oh, mercy me!" she exclaims, "I can hardly stand it!"

Still, she goes to the fifth floor and the sign reads:

Floor 5 - These men Have Jobs, Love Kids, are Drop-dead Gorgeous, Help with Housework, and Have a Strong Romantic Streak.

She is so tempted to stay, but she goes to the sixth floor, where the sign reads:

Floor 6 - You are visitor 31,456,012 to this floor. There are no men on this floor. This floor exists solely as proof that women are impossible to please. Thank you for shopping at the Husband Store.

PLEASE NOTE:

To avoid gender bias charges, the store's owner opened a New Wives store just across the street.

The first floor has wives that love sex.

The second floor has wives that love sex and have money.

The third, fourth, fifth and sixth floors have never been visited

  Forum: Off Topic Chat

SAM172
Posted on: Jun 14 2007, 04:44 PM


Group: Member
Posts: 359

In reply to: fraz2 on Thursday 14/06/07 05:31pm

Fraz,

I'm not saying that at all - PNA has run hard and fast, which more often then not results in a hefty pullback, will be happy to re-enter at higher level if this is not the case.


The fact that it hasn't started yet is the factor - think about how many things MAY happen between now and production lmaosmiley.gif (MAY is the operative word) and how SP will react to that.
  Forum: By Share Code

SAM172
Posted on: Jun 14 2007, 02:45 PM


Group: Member
Posts: 359

Hit my stoploss today, so had to sell - very happy with the result, 100% in 6 months - you've got to be happy with that tongue.gif


Thanks to all the regulars for their contribution , it's been a great ride biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Jun 13 2007, 11:43 AM


Group: Member
Posts: 359

In reply to: carneius on Wednesday 13/06/07 12:41pm

So, what you saying, carnei, is some insider trading going down ?? biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Jun 13 2007, 11:39 AM


Group: Member
Posts: 359

Ok, I'm not the one who comments on every trade (there are plenty on this board who assumed this job) but this buying in last couple of days is freaking me out.. unsure.gif
  Forum: By Share Code

SAM172
Posted on: Jun 10 2007, 10:31 PM


Group: Member
Posts: 359

In reply to: ergi on Sunday 10/06/07 09:40pm
  Forum: By Share Code

SAM172
Posted on: Jun 5 2007, 07:44 PM


Group: Member
Posts: 359

Hey Coop,

As mentioned before, the annual ramp called DDW is well and truly worn out its ability to get followers excited.


Week BUY depth is probably the least of our worries- IMO, the stock is suffering because 'opportunity costs' are really starting to hit home. I recently tried to 'hypothetically' spread my OIL holding among my three other main holdings and results really surprised me, and not in a good way ohmy.gif


And where's the update on US roadshow - surely, there must be some kind of responses by now. This particular exercise kind of reminds me of budding talented actor trying his luck in Hollywood - all he(she) needs is a break , just one chance from famous producer/director. Oh well, hope OIL presenters are good in bed ... tongue.gif
  Forum: By Share Code

SAM172
Posted on: Jun 5 2007, 07:29 PM


Group: Member
Posts: 359

Nice breakout which we experienced over last couple of days (especially in the last hour of today) has been brewing for last couple of weeks, so no excuses for not getting set or topping up.


While this stock may not have a ‘sex appeal’ of some hot resource stocks, every time I look at its performance over last few months, feel very satisfied with it
wub.gif
  Forum: By Share Code

SAM172
Posted on: Jun 4 2007, 07:22 PM


Group: Member
Posts: 359

In reply to: Wargfang on Monday 04/06/07 01:03pm

Here's my take on today's rise :

Chinese cleaner at the court house found some disgarded notes from the judge .


He quickly contacted his immediate family to share his knowledge biggrin.gif
  Forum: By Share Code

SAM172
Posted on: May 17 2007, 10:58 PM


Group: Member
Posts: 359

well, well... inevitable 'dead cat bounce' i mentioned last week is almost over

Sad realization that company is in a spot of bother and its flagship asset is actually underperforming asset will start hitting the mark any time now...
  Forum: By Share Code

SAM172
Posted on: May 9 2007, 11:57 PM


Group: Member
Posts: 359

It seems to me that JP Morgan is determined to sell its stake this side of financial year. They ceased to be substantial shareholder on 12 Apr and has 31.5M shares at that time. Now they don't have to declare their transactions to the market, who knows how many they have left, I'd say at least 15M. Once they sell out, we can expect a customary 'dead cat bounce' but no more then that biggrin.gif


It does surprise me that ASX has not issued a 'please explain' into steady SP decline on heavy volume.

Going by management's past record don't be surprised if they respond with "actually, we do have a problem with...."(fill the blanks)


Some think time for last rights is not here yet...what was it about hope being the thing that dies last....
  Forum: By Share Code

SAM172
Posted on: May 2 2007, 10:35 PM


Group: Member
Posts: 359

In reply to: rosskend on Wednesday 02/05/07 11:25pm

Ross,

Noone doubts about the good stuff they have in the ground - problem is in the hedging deals that will ensure that we won't see any profits for some time and how many times do you think they can pull off refinancing before the banks will say 'NO' ?


Pasminco's good assets did not save the company and now we all love Zinifex tongue.gif
  Forum: By Share Code

SAM172
Posted on: May 2 2007, 09:02 PM


Group: Member
Posts: 359

In reply to: rumpig on Wednesday 02/05/07 12:56pm

QUOTE
Can this company get any lower


You are kidding, right ?


This dog will be ZERO in a matter of weeks (days ? ).

And then administrators will begin a fire sale. I think Lihir will be an interesting party to pick up a few bargains biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Apr 30 2007, 10:00 PM


Group: Member
Posts: 359

Is it just me or company tried to hide slightly bad news in todays' positive sounding announcement ? ohmy.gif


  Forum: By Share Code

SAM172
Posted on: Apr 30 2007, 07:54 PM


Group: Member
Posts: 359

In reply to: alonso on Monday 30/04/07 03:04pm

Not too late according to Merril Lynch biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Apr 28 2007, 02:50 PM


Group: Member
Posts: 359

Just get the feeling that current market depth for OIL does not tell the whole story.. stun.gif


There are some big sellers who are waiting for 'buy' side to build up before they dump their parcels...

On the flip side, there are buyers waiting for....well, may be Silex can tell us what the buyers are waiting for.. biggrin.gif

Very disappointed if directors are not supporting SPP - sorry, i don't buy that "not being legally eligible" crap for one minute... thumbdown.gif
  Forum: By Share Code

SAM172
Posted on: Apr 25 2007, 02:40 PM


Group: Member
Posts: 359

http://www.theaustralian.news.com.au/story...4-18261,00.html
  Forum: By Share Code

SAM172
Posted on: Apr 22 2007, 04:00 PM


Group: Member
Posts: 359

In reply to: andyw on Sunday 22/04/07 03:24pm

and of course ....


remember son, wedding is like a game of snooker : when pink is blocked by the red, go for brown.. { use it at your own risk} stun.gif
  Forum: Off Topic Chat

SAM172
Posted on: Apr 21 2007, 03:35 AM


Group: Member
Posts: 359

In reply to: silex on Saturday 21/04/07 12:05am

Sorry Silex,

Just cannot accept those answers.. thumbdown.gif

If it was an economics assignment, you know what mark you'd get..


No, I'm not kidding - I make my living from logical deductions and the fact that SPP fell short of minimum is a concern for me.

I'd assume failure to raise an expected minimum of $2M is going to impact some operations in some areas. Otherwise, what's the point of raising capital in the first place ??

Some expanded answers would be appreciated ... laughingsmiley.gif
  Forum: By Share Code

SAM172
Posted on: Apr 20 2007, 10:05 PM


Group: Member
Posts: 359

In reply to: silex on Friday 20/04/07 04:32pm

Silex (and others),

It seems like once again it is left to me to ask the hard questions - so, here we go :

when you talk about "overwhelming swell of information" do you include dismal failure of SPP ?

How is it going to affect company's financial standing ?

Whould the monthly cash burn rate be sustained without this essential funding ?


Is there an alternative which can save the company (is the company in need of saving ??)


Other then that, the news is all good, the doctors love the technology - what a pity they don't have deep pockets to go with their brains... sadsmiley02.gif
  Forum: By Share Code

SAM172
Posted on: Apr 19 2007, 06:01 PM


Group: Member
Posts: 359

In reply to: terrine on Thursday 19/04/07 06:33pm

Hi Terrine,

They can call it 'Hillary' for all i care - just keep showing me the money !! lmaosmiley.gif
  Forum: By Share Code

SAM172
Posted on: Apr 16 2007, 07:34 PM


Group: Member
Posts: 359

In reply to: nash on Monday 16/04/07 04:53pm

two possibilities here :

1) punters putting a few on , just in case

2) judge reached a decision and told his friends and relatives about it tongue.gif
  Forum: By Share Code

SAM172
Posted on: Apr 4 2007, 04:30 PM


Group: Member
Posts: 359

Guys,

Everyone entitled to their own opinion - I happen to agree with Saffa , this company smells so similar to PAS - it's scary. Management 'dropped the ball' big time and I think we are heading for the back door at a rate of knots.


I had a great ride from 25c to 70's but has been selling it ever since with last of my holdings sold in the 30's.

Don't get me wrong, the stuff they have in the ground is huge and ala PAS, new company (ala ZFX) will be well worth looking into.

This, however, will be small comfort to current HIG shareholders.


As I said, my opinion only - good luck to holders.
  Forum: By Share Code

SAM172
Posted on: Mar 28 2007, 08:06 PM


Group: Member
Posts: 359

In reply to: henrietta on Wednesday 28/03/07 06:24pm

Seems like I found answer to my question. It is a really lame one but there you go:

"The venues for the teams are not based on where they finished in the group stages. They are pre-agreed. This has been done to ensure that those travelling to the World Cup know in advance where their teams will be based. Because the tournament is now, in effect, an eight-team league with everyone playing everyone, the original seedings are no longer relevant."
  Forum: Off Topic Chat

SAM172
Posted on: Mar 26 2007, 10:13 PM


Group: Member
Posts: 359

In reply to: henrietta on Sunday 25/03/07 10:35pm

Hi Henrietta,

Schedule is where it says so....

Also, from cricinfo.com :

"It was a big win for us," Ponting, whose team now travels to Antigua for the Super Eight stage of the competition, said. "Taking those two points with us and a pretty healthy run-rate as well - it's an ideal start to the tournament. But that's all it is for us, it's one of the games down and we've got to focus and turn things round pretty quickly for the big game against West Indies on Tuesday."
  Forum: Off Topic Chat

SAM172
Posted on: Mar 26 2007, 08:38 PM


Group: Member
Posts: 359

Well, here goes dose of reality for some of you in a festive mood...


I must say, this annual share price spurking called DDW is starting to wear a little thin ...


Was fascinated to read that this year it 'will further accelerate commercialisation ....'


"WILL" or "MAY" ???

Does that mean efforts of previous years was just a waste of bleedin' time ???


At a risk of stating the bleedin' obvious, even if every doctor on the face of this planet will go rigid about flexible, it will not convert into $$ to the bottom line until they somehow convince their purchasing officer to order a few.

To draw a parallel wit IT industry, every now and then we are asked to evaluate new software. However, even when we give it a green light, management through their infinite wisdom decides on inferior products
  Forum: By Share Code

SAM172
Posted on: Mar 25 2007, 08:12 PM


Group: Member
Posts: 359

Can someone explain to me why Aus plays West Indies in the next match ?

Schedule clearly says : A1 vs D2 - I'd think it should be Ireland...
  Forum: Off Topic Chat

SAM172
Posted on: Mar 18 2007, 09:43 AM


Group: Member
Posts: 359

In reply to: dee27 on Sunday 18/03/07 10:25am

After watching Tigers go against Australia last year, i tipped them to cause an upset or two in World Cup.


Seems like the Cup will be handed to Aus on a plattter .biggrin.gif

Comment from cricinfo after day of upsets : We will be back tomorrow to see if Canada can upset England or Netherlands can beat Australia..
  Forum: Off Topic Chat

SAM172
Posted on: Mar 17 2007, 11:25 AM


Group: Member
Posts: 359

In reply to: ergi on Saturday 17/03/07 12:00pm

well, well - I get this funny feeling that 'voice of reason' camp is gaining in numbers... biggrin.gif

Skorpian said :

QUOTE
My suspicion is that the company has something about to happen, and that they will release that information if they see this capital raising likely to fail



Cummon Skorpi – surely, you are not suggesting that directors would illegally withhold price sensitive information just to prop up this miserable SPP ???



If you couple it with their inability to move SP despite all the good things in the last 12 months or so, we have a deadly mixture of incompetence and foul play.


I’ll be watchin’ like a hawk to make sure that all the little directors take up this latest offering in full…

Ergi - "overall the story still looks good" - yeah, mate, has for years...
grrr.gif


Phew, feel a bit better now.. laughingsmiley.gif
  Forum: By Share Code

SAM172
Posted on: Mar 14 2007, 08:03 PM


Group: Member
Posts: 359

In reply to: jaded on Wednesday 14/03/07 06:26am

http://inet-tv.us/


You did not say 'free' , did you ? tongue.gif
  Forum: Off Topic Chat

SAM172
Posted on: Feb 17 2007, 09:38 PM


Group: Member
Posts: 359

some cricinfo commentary from last match...


Jono asks the Australian fans to chill out a little. "As a New Zealander I may get gagged and bound for saying this, but the Australian public need to relax a bit. Their top three players are missing, the ball is doing a lot and the Kiwi's are bowling well. It is not the end of the world! You have to remember how ruthless Australia is in knockout tournaments, everyone needs to relax a little! It is good to see the Black Caps being competitive though. However, it is not as doom and gloom and everyone makes out, I think the odds to win this game reflect this. Deep breaths!"
  Forum: Off Topic Chat

SAM172
Posted on: Feb 16 2007, 05:04 PM


Group: Member
Posts: 359

In reply to: rossw on Friday 16/02/07 03:58pm

and here's why.... might be buying a whole lot of trouble.... thumbdown.gif

SYDNEY, Feb 16 (Reuters) - Australian health information company IBA Health Ltd. (IBA.AX: Quote, Profile , Research) said on Friday it was in talks with Britain's iSoft Group Plc (IOT.L: Quote, Profile , Research), which could lead to IBA making an all-share recommended takeover offer for iSoft. IBA said in a brief statement to the Australian Stock Exchange that it was also in talks to obtain funding to refinance its existing debt facilities and give it enough working capital for a bigger group.
ISoft said on Thursday it was continuing to consider a number of options following reports that the preferred buyer of the British healthcare software firm had put takeover talks on hold.
The Times reported on Wednesday that U.S. drug wholesaler McKesson Corp. (MCK.N: Quote, Profile , Research) was understood to be the front-runner, but the newspaper said talks with iSoft's key contractor had broken down over contract conditions, casting a shadow over the 200 million pound ($393 million) deal.
Shares in iSoft last traded at 45 pence, giving it a market capitalisation of 105 million pounds.
The group's shares plunged 85 percent last year amid delays to a 6 billion pound revamp of computer systems for the UK National Health Service.
It booked a loss of 338 million pounds for the year to April 2006 due to a 351 million pound writedown of goodwill, and for the first half of this year it made a loss before tax of 14.3 million pounds.
  Forum: By Share Code

SAM172
Posted on: Feb 14 2007, 05:10 PM


Group: Member
Posts: 359

In reply to: rumpig on Wednesday 14/02/07 06:08pm

well, the dog is barking, it is its bite that worries me.... ohmy.gif
  Forum: By Share Code

SAM172
Posted on: Feb 10 2007, 12:43 PM


Group: Member
Posts: 359

In reply to: matthewp on Friday 09/02/07 04:47pm

Do you think director who sold most of his holdings this week shares your views ? ohmy.gif


I wonder who's more informed .... weirdsmiley.gif
  Forum: By Share Code

SAM172
Posted on: Feb 7 2007, 05:38 PM


Group: Member
Posts: 359

In reply to: mme on Tuesday 06/02/07 07:05pm

mme,

Not sure where i lost you - you are offered to buy for 25c and (if you like) sell between 27c and 28c (of course, it may drop) - will not make you an instant millionaire but profit is a profit lmaosmiley.gif


So, how can anyone refuse ??
  Forum: By Share Code

SAM172
Posted on: Feb 6 2007, 05:08 PM


Group: Member
Posts: 359

In reply to: mme on Tuesday 06/02/07 08:19am

Buying $1 for 90c - hmmm, yeah it's a real tough one tongue.gif
  Forum: By Share Code

SAM172
Posted on: Feb 5 2007, 05:44 PM


Group: Member
Posts: 359

In reply to: mme on Saturday 03/02/07 01:24pm

Looks like sanity prevailed..... biggrin.gif

Dear Shareholder,

Newera Uranium are accepting direct deposits. When you make your deposit if you can quote your entitlement number that is on the form and then fax the application form and deposit receipt to our office for processing.

National Bank
Newera Uranium
BSB: 086-492
Bank a/c no: 793172442

Thank you and regards,
Lauren Barton
For Share Registrar
  Forum: By Share Code

SAM172
Posted on: Feb 4 2007, 09:12 PM


Group: Member
Posts: 359

In reply to: chelle on Friday 02/02/07 11:53pm

Gday chelle,

Make sure you give your boots a good clean tongue.gif - stepped right into it with both Hodge and Tait
  Forum: Off Topic Chat

SAM172
Posted on: Feb 3 2007, 12:22 PM


Group: Member
Posts: 359

Question about NRU top up offer for Cazaly shareholders....

Does anyone know if it is possible to pay by direct deposit instead of sending a cheque ? (days of cheques are numbered..thumbdown.gif )


If so, who to make request with ?


Thanks
  Forum: By Share Code

SAM172
Posted on: Feb 3 2007, 12:17 PM


Group: Member
Posts: 359

Question about NRU top up offer for Cazaly shareholders....

Does anyone know if it is possible to pay by direct deposit instead of sending a cheque ? (days of cheques are numbered..thumbdown.gif )


If so, who to make request with ?


Thanks
  Forum: By Share Code

SAM172
Posted on: Feb 3 2007, 09:32 AM


Group: Member
Posts: 359

In reply to: stoss69 on Saturday 03/02/07 02:20am

hmm.... I wonder if people said the same thing about Thommo in his younger days.. lmaosmiley.gif
  Forum: Off Topic Chat

SAM172
Posted on: Feb 2 2007, 10:46 PM


Group: Member
Posts: 359

In reply to: chelle on Friday 02/02/07 11:38pm

A bit harsh there, chelle..


Just came back from the game - yes, Tait definitely contributed to our loss and got a few Poms into some sort of form !

But the guy consistently bowls over 150 km/h and seeing it live is just amazing lmaosmiley.gif


I think we'll see Tait play for Australia many more times in both forms of the game - he's a weapon and lethal at that devilsmiley.gif
  Forum: Off Topic Chat

SAM172
Posted on: Jan 30 2007, 09:20 PM


Group: Member
Posts: 359

In reply to: AgentCooper on Tuesday 30/01/07 09:18pm

Coop,

MDCC offer was 37c/share half cash, half MDCC script.

Takeover price of $35.50 represent 48.7% premium on last price of $23.88
  Forum: By Share Code

SAM172
Posted on: Jan 30 2007, 05:09 PM


Group: Member
Posts: 359

Sorry for off topic - great news for ex Axon Instruments shareholders who got shares in Molecular Devices - patience paid off.....tongue.gif


UNNYVALE, Calif. and TORONTO, Jan. 29 /PRNewswire-FirstCall/ -- MDS Inc. (NYSE: MDZ; TSX: MDS), and Molecular Devices Corporation (Nasdaq: MDCC) today announced they have signed a definitive agreement pursuant to which MDS will acquire Molecular Devices, a leading provider of high-performance measurement tools for high content screening, cellular analysis and biochemical testing, in a US$615 million cash transaction. Under this agreement, MDS proposes to acquire all of the common stock of Molecular Devices for US$35.50 per share. The definitive agreement has been unanimously approved by the Boards of both companies. MDS will commence a cash tender offer for all of the outstanding shares of common stock of Molecular Devices.
  Forum: By Share Code

SAM172
Posted on: Jan 17 2007, 12:42 PM


Group: Member
Posts: 359

In reply to: silex on Wednesday 17/01/07 01:37pm

Silex/Dory,

Are we looking at the same stock ? or your glasses have a bit too much of rose colour ?biggrin.gif

We'll be lucky to hold 45c support today....
  Forum: By Share Code

SAM172
Posted on: Jan 17 2007, 12:30 PM


Group: Member
Posts: 359

What the ... ?? up over 16 % in a matter of minutes - has Rio had a change of heart ?? biggrin.gif
  Forum: By Share Code

SAM172
Posted on: Dec 21 2006, 07:28 PM


Group: Member
Posts: 359


The Big Emitch Transformation

The Australian share market may have broken a few records over the past few weeks, but December 2006 has nevertheless generated a few spectacular share price crashes, one of them being online ad placement agency emitch (EMI).

The shares briefly touched $1.75 when the plan was announced to merge the business with Harold Mitchell's traditional print and television oriented media buying and planning business Mitchell & Partners for $100m in cash and shares.

The good news about the plan is it will bring emitch firmly under the wings of Harold Mitchell who's no less than a living legend in Australia's advertising and media landscape. Word has it "Don't mess with the fat guy" is rule number one when working in media or advertising in Melbourne, Mitchell's home city.

The flipside of the coin is that the operation will instantly transform emitch away from its core attraction: the internet. Mitchell & Partners is estimated to bring in sales of circa $900m, around six times as much as emitch's current annual sales and thus create a billion dollar local advertising giant. But as a result of this the internet will play a minor role only in the merged corporate entity.

The latter will translate into lower valuation multiples as investors are unlikely prepared to pay up to thirty times and more forecast earnings per share for a business that will have relatively low margins and low growth prospects, especially when compared to the emitch prior to the announcement.

These and other considerations are shaping the short term outlook for emitch shares with investors and shareholders having to wait for more specific details about the proposed deal until January next year.

Two of the closest followers of emitch thus far, Select Equities analysts Mark Southwell-Keely and Danny Goldberg, believe the proposed deal is highly EPS accretive for emitch, but they also suggest the benefits are likely to be mitigated by a PE contraction as the business transforms into a completely different corporate animal. This transformation was again highlighted by management's declared intention to further seek acquisition targets in the Asia Pacific region, as well as in stadium advertising and direct marketing.

While emitch's online media gross margins have historically been north of 20%, Southwell-Keely and Goldberg estimate the combined group's margins will be less than 6% in FY08.

Select Equities has upgraded its FY08 estimated Gross Billings, EBIT and net profit forecasts to $1,030.9m (+982%), $25.3m (+104%) and $17.6m (+79%) respectively. The analysts believe the transformation will lead to emitch being compared with companies such as Photon Group (PGA) and STW Communications (SGN). This now throws up an interesting dilemma as Photon is enjoying a PE multiple of circa 22 times prospective FY07 EPS. For STW the multiple is only 13.6. For FY08 the numbers are 19.6 for Photon and 12.5 for STW.

Taking Select Equities' forecast of an emitch EPS of 7.4c in FY08 as a guide, this would take the future share price range between $1.45 and $0.925. One could argue emitch shares' new multiple should be more in line with STW's than with Photon's due to the lesser leverage to the internet and to the fast growing take up of broadband access in Australia and New Zealand.

As at 12.39pm today, the shares had fallen 17.86%, or 25c, to $1.15.

No surprise then that Select Equities currently rates the stock Marketperform/LT Marketperform.

The other expert in the local market who has been a loyal and close follower of emitch is Peter Russell at Intersuisse. He agrees with all considerations above, but keeps a positive bias towards the stock because of the "Harold Mitchell factor".

Reports Intersuisse: "We are not equivocal on the deal. We see it as a major leap forward for EMI and a more effective structure for the two businesses. We remain confident that Howard Mitchell will retain his strong drive to build a major online business, so evident in his recent press comments and the breakthrough multi-media deals he struck for Mitchell & Partners and EMI in August and October this year."

Intersuisse's forecasts are a little below Select Equities' forecasting a net profit of $16.4m and EPS of 7.2c for FY08. The fact that the proposed deal will also involve a capital raising next year will contribute to short term price weakness, says Intersuisse.

However, the broker has decided to maintain its Buy recommendation advising investors to pile up in any share price weakness and shareholders to take up any rights opportunities.
  Forum: By Share Code

SAM172
Posted on: Dec 21 2006, 10:46 AM


Group: Member
Posts: 359

In reply to: fatsoh on Thursday 21/12/06 10:57am

Very wise decision to retire on a high unlike some other player who play to the point of embaresment..grrr.gif


He could go one better and retire after Melbourne test in front of his home crowd - that would earn extra respect from NSW fans by giving McGill a sure place in a Sydney test..


tongue.gif
  Forum: Off Topic Chat

SAM172
Posted on: Dec 20 2006, 11:37 AM


Group: Member
Posts: 359

seems like market does not like this deal - falling like a stone at the moment thumbdown.gif
  Forum: By Share Code

SAM172
Posted on: Nov 23 2006, 06:51 PM


Group: Member
Posts: 359

from MiningNews.net..


Mining stocks' performance overshadowed by Ashes

Paul Garvey
Thursday, 23 November 2006

AFTER yesterday posting a performance akin to Ricky Ponting's blistering century against England at the 'Gabba, resource equities today took on a feel more like that of modest English off-spinner Ashley Giles – recording a slow-and-steady performance punctuated by the odd surprise and a couple of bloopers.

  Forum: Off Topic Chat

SAM172
Posted on: Nov 17 2006, 10:29 AM


Group: Member
Posts: 359

38c lmaosmiley.gif - is the break the patient ones have been waiting for ?
  Forum: By Share Code

SAM172
Posted on: Nov 8 2006, 11:17 AM


Group: Member
Posts: 359

In reply to: sniffer on Wednesday 08/11/06 12:00pm

Never seen capital raised at a premium to last trades price - don't hold any SEN atm but will be happy to be proved wrong for the sake of current holders - god knows, they deserve it tongue.gif
  Forum: By Share Code

SAM172
Posted on: Nov 8 2006, 10:55 AM


Group: Member
Posts: 359

In reply to: jiws on Wednesday 08/11/06 11:45am

Another capital raising, huh ?

So much for opening at a higher price - might be some shares available below 40c soon ... lmaosmiley.gif
  Forum: By Share Code

SAM172
Posted on: Nov 7 2006, 01:14 PM


Group: Member
Posts: 359

In reply to: pete152 on Tuesday 07/11/06 02:05pm

It shouldn't be long now before tears start flowing... thumbdown.gif
  Forum: By Share Code

SAM172
Posted on: Nov 6 2006, 02:21 PM


Group: Member
Posts: 359

In reply to: bluehavn on Monday 06/11/06 02:15pm

QUOTE
Anyone still in TNE


Absolutely !!! biggrin.gif


Stock is having a (well deserved) rest today after reaching new 12 month highs recenly .. laughingsmiley.gif


IMHO, $1 + is only a matter of time (this side of Xmas ??), uptrend is still intact, good fundamentals, healthy dividend - what more can one ask ??
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SAM172
Posted on: Nov 6 2006, 10:46 AM


Group: Member
Posts: 359

In reply to: carneius on Monday 06/11/06 10:43am

If memory serves me correctly, we had a similar positive action prior to annual results, followed by negative re-action...


Hope it's different this time, hope it's different this time, hope........ smile.gif
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SAM172
Posted on: Nov 4 2006, 11:51 AM


Group: Member
Posts: 359

In reply to: mattimick on Saturday 04/11/06 11:02am

Selection has a bit of 'political correctness' stink about it...

Sangakkara made it in front of Gilly... yeah, right... tongue.gif
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SAM172
Posted on: Nov 4 2006, 10:26 AM


Group: Member
Posts: 359

In reply to: motorway on Saturday 04/11/06 10:08am

Hey MW,

Where is 100 word essay ?? tongue.gif


$2 in 12 month,huh ? - you crazy kidder !! biggrin.gif
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SAM172
Posted on: Nov 3 2006, 09:52 AM


Group: Member
Posts: 359

hitting new highs...


must be not far away from attracting interest of the big boys..


noone comments - must be busy counting thier money... biggrin.gif
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SAM172
Posted on: Nov 2 2006, 04:36 PM


Group: Member
Posts: 359

In reply to: carneius on Thursday 02/11/06 04:31pm

Would someone with PhD really go for such a misarable salary ?? ohmy.gif
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SAM172
Posted on: Oct 29 2006, 11:00 AM


Group: Member
Posts: 359

In reply to: dory on Sunday 29/10/06 09:50am

Dory,

Some days I think watchin paint dry is more fun... tongue.gif

I see OIL in my portfolio as a talanted out-of-form batsman in a cricket team.

When the team keeps winning (as it does at the moment), it's ok to carry a batsman and wait until he returns to form.

However, if teams perfomance begins to suffer, you start looking to make changes and you look at non-performers first.


Go Aussies against India tonite...biggrin.gif

(Apologies to those who are not cricket fans rolleyes.gif )
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SAM172
Posted on: Oct 28 2006, 06:17 PM


Group: Member
Posts: 359

In reply to: OILMAN1 on Saturday 28/10/06 04:48pm

mate, press 'Caps Lock' again - my ears hurt... lmaosmiley.gif
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