IVC & CHX - the saga continues...
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   holycow
Member
Username: holycow Post Number: 38 Registered: 08-2004Rating: N/A Votes: 0
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| | Saturday, September 11, 2004 - 12:32 pm: | 
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old link: http://forum.incrediblecharts.com/messages/316907/334204.html Update on CHX:
1) the old stale bulls are still not convinced by the company's performance so far, some have chosen to sell out. A little, not much as shown by the decline in stock price with relatively thin volume - a good sign because there are still many "hopeful" bulls around; 2) Note the bounce at 96cent. Note the low were made on four different days - this is a good hint that there is support. If you are a short term player, this little thing helps! ~~~~~~~~~~ Update on IVC:
1) Thought I'd show where I bought additional parcel of stocks just to ride it out - 2.51 was bought on further breakout, 2.62 on pull back, 2.89 on pull back in anticipation of dividend play 2) At this juncture, it is important to be aware of "others" - those who bought at 2.00 and below, and those who bought at 2.41 for example. You are looking at a percentage profit of about >48% and 24% respectively. In fact bulk of the purchase were done at 1.90. You should expect some profit taking either before or after the dividend ex-date. If you are interested in this stock, this really is not the time to buy yet. It is more sensible and safer to wait for a pull back before dipping your toe in the water. 3) with this stock, you need to think a little deeper and look further than you should of its business model and potential for growth. Cast your view wider into the ageing population, the scarcity of burial land near or around cities, and draw on your own experience in attending funeral, etc. (I am of the view that dead man's money is the easiest to make because he ain't gonna argue with you. ) I also happen to believe the fundies are treating this stock as a growth stock so don't be too hung up with its high PE. Cheers!
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   chance
Member
Username: chance Post Number: 267 Registered: 09-2002Rating: N/A Votes: 0
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| | Saturday, September 11, 2004 - 03:01 pm: | 
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CH4 is Methane gas, velly smelly and much unloved (see Kyoto) where you can find it.....
a suitable search tool ......
Nice to see you down here HC, I stumbled in some time ago and can't seem to find the exit.... I see you have your own site..... http://www.holycowmania.com love your greeting cards.... http://www.holycowmania.com/cards Regards chance (Message edited by chance on September 11, 2004)
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   dogalog
Member
Username: dogalog Post Number: 308 Registered: 03-2004Rating: N/A Votes: 0
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| | Saturday, September 11, 2004 - 03:42 pm: | 
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Don't go spooking him,chance.Noticed your return to Systems-your Forte-was received less than rapturously. Holy Cow-For the Old Duffers here,could you put the company name as well as the ASX code?I'm thinking on your #3pointINV,perhaps monday i'll reply. Cheers 2 u both. jr
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   holycow
Member
Username: holycow Post Number: 40 Registered: 08-2004Rating: N/A Votes: 0
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| | Sunday, September 12, 2004 - 03:21 pm: | 
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Chance, Thanks for the links, but they are not mine though. However I will try to contact them and seek damages for using my name. I believe it will worth a few dollars at least. When the $$$ comes in, beer will be my shout. Just name the place. JR (you're not from Dallas by any chance?), Here are the links for both companies: 1) IVC (InvoCare Limited) - http://www.invocare.com.au/driver.asp 2) CHX (CH4 Gas Limited) - http://www.ch4.com.au It's worth a visit to both websites especially CHX because they have some pretty interesting documentation on CSG. It's like a educational tour.
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   holycow
Member
Username: holycow Post Number: 46 Registered: 08-2004Rating: N/A Votes: 0
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| | Monday, September 13, 2004 - 04:29 pm: | 
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some good news on CHX: 13 September 2004 - FOR IMMEDIATE RELEASE FIRST GAS SUPPLIED TO ENERTRADE FROM MORANBAH GAS PROJECT CH4 Gas Limited (“CH4”) and BHP Billiton as 50:50 joint venture partners in the Moranbah Gas Project (“MGP”) are pleased to announce the supply of first commissioning gas under their Gas Sales Agreement with Enertrade. First gas was supplied to the Moranbah gas processing plant on Wednesday 1 September 2004 and was subsequently introduced into the Moranbah to Townsville Pipeline on the morning of Wednesday 8 September 2004. The commissioning process will continue during the period until February 2005 when contract sales are scheduled to commence. Commenting today, CH4 Chief Executive Officer Louis Rozman said “This represents yet another significant and important milestone for CH4, for the Moranbah Gas Project, and for the coal seam gas sector as a whole. This represents the culmination of much hard work on the part of our employees, contractors, and alliance partners”. ~~~~~~~ And the news article: http://www.smh.com.au/articles/2004/09/13/1094927490439.html
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