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RIC, RIDLEY CORPORATION LIMITED
Nick1970
post Posted: Nov 19 2014, 01:03 PM
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In Reply To: arty's post @ Apr 15 2014, 01:15 PM

This has broken out from previous resistance too. That $1.10 could be on the cards mate.



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Use a stop loss every time.
 
arty
post Posted: Apr 15 2014, 01:15 PM
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In Reply To: arty's post @ Apr 14 2014, 02:57 PM

Buying continues; strong volume in spite of a short week with many players taking 2 weeks off.

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Target $1.10? Trailing Stop 84.5c.



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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
arty
post Posted: Apr 14 2014, 02:57 PM
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In Reply To: arty's post @ Apr 14 2014, 12:33 PM

In news just released, RIC will resume paying a dividend: 1.5c, franked 50%
http://www.asx.com.au/asx/statistics/displ...;idsId=01509005



--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
arty
post Posted: Apr 14 2014, 12:33 PM
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Yesterday's Landline segment about Prawn Aquaculture seems to have sparked a breakout:
http://iview.abc.net.au/programs/landline/...Q011S00#playing
start about 36 minutes into the segment.

Attached Image


I bought early this morning.
Triangle based on weekly chart:

Attached Image





--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
dr_dazmo
post Posted: Jul 30 2013, 08:37 AM
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In Reply To: wolverine's post @ Jul 29 2013, 07:43 PM

Hi Wolverine,
No wonder I was starting to think I was Robinson Crusoe! smile.gif
Hopefully (for my sake) things have changed over time.
The GPG shareholding seems to have found a nice home in Insitor Holdings, and the upgrade to overweight from CBA together with the increased AMP holding seem to indicate that the worst may be over.


Cheers
Dr_Dazmo



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Always remember the Golden Rule - Those with the Gold make the Rules!
 
wolverine
post Posted: Jul 29 2013, 07:43 PM
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In Reply To: dr_dazmo's post @ Jul 29 2013, 03:42 PM

Geez is RIC still going.

I made the mistake years ago of buying the stock without understanding how poor management was at the time. This has no bearing on their fortunes today...just a sign that I must have blocked out all references to RIC since I learned a valuable lesson.



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TOO MANY CHIEFS

NOT ENOUGH INDIANS
 

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dr_dazmo
post Posted: Jul 29 2013, 03:42 PM
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In Reply To: dr_dazmo's post @ Jul 26 2013, 11:41 AM

AMP have moved from 10.80% to 12.73%.
Mystery solved.

Cheers
Dr_Dazmo





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Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: Jul 26 2013, 11:41 AM
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Big jump in turnover today - 7m shares.
I think that is about 2.3% of the total issued capital.

Dr_Dazmo



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Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: Jun 5 2013, 02:33 PM
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Hi All,
Looks like CBA's confidence in RIC has been somewhat restored with an upgrade to "Overweight".

Dr_Dazmo



Abstract
We have increased confidence that some of the 'one-off' factors leading to RIC's 2H13 earnings downgrade were industry-related. We expect AGR to be an active shareholder but do not expect its 19.7% stake to have any negative impact on RIC's takeover appeal, now that Cheetham Salt has been divested. Stripping out the conservative PV estimate of RIC's surplus land holdings leads to an Adj EV/FY14f EBITDA multiple of just 5.9x on what we consider to be around 'trough' earnings.



--------------------
Always remember the Golden Rule - Those with the Gold make the Rules!
 
dr_dazmo
post Posted: May 24 2013, 04:04 PM
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In Reply To: dr_dazmo's post @ May 6 2013, 03:59 PM

Looks like capital return of $0.075/share proposed.

Cheers
Dr_Dazmo



--------------------
Always remember the Golden Rule - Those with the Gold make the Rules!
 
 


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