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     ann
Member
Username: ann
Post Number: 307
Registered: 04-2004Rating: N/A
Votes: 0
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| | Saturday, February 19, 2005 - 09:03 pm: |  
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Hello jr,
I noticed you were talking about Carnegie Corporation in the place were d'big boys chat. Now I know I have told you in the past that I don't like mining companies but this one seems a bit different.
Alan Burns the chairman and director of Carnegie corp is also the inventor of the CETO wave energy system, amongst some other interesting inventions. He is also Chairman and director of Hardman resources. He has won a number of international awards for commercial engineering inventions.
Mr Burns will be on the board of the newly listed Renewable Energy Holdings [REH] which as you said is listed on the London Alternative Investment Market[AIM] along with Jeff Harding from Pacific Hydro [PHY] who are joint venture partners along with other investors.
It appears Mr Burns has a real interest in the environment and is a talented inventor with the where-with-all to take his inventions to a working proven model. Another of his successful inventions is a fluid processing technology marketed by a company called Persuit Dynamics, which has a licensing agreement with Coca Cola Enterprises UK. As I understand it, it allows fluid to be heated, mixed and pumped simultaneously with no moving parts.
Another director with an interesting name in Carnegies is Ian Fisher. He has an active interest in the ocean and the preservation thereof. He is the immediate past chairman of the Jacques Cousteau Society of Australia.
All the directors of [REH] appear to have very specific and focused knowledge in the area of renewable energy. To me it doesn't appear to be a money pot but a real and serious attempt at clean energy production.
Anyway that's my two cents worth and no I am not going to buy any Carnegie Corp stock.
Toodle pip
Ann
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dogalog
Member
Username: dogalog
Post Number: 840
Registered: 03-2004Rating: N/A
Votes: 0
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| | Sunday, February 20, 2005 - 10:17 am: |
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You really should have posted this on the main board,Ann.It provides contrast/depth/gets CNM beyond the one dimensional.I must point out though you forgot to say how the Wave power generator doubles as a Desalination plant as well!It's True!
speaking of true,how about we organise to go for coffee at Mein host Chuck's Kaffe?I'll go with black face,Ann;Check his Discrim.Cred,we'll see who slurps coulis then,hey Ann?
Yeah we'll check out how Chuck truly navigates when dings get dingy[x2=pronounce din Gee and ding-y as rhymes with dinky]
It'll all just b4 laughs,a joke.We[or at least I]won't be bothering him with purpose.Chuck wouldn't like me anymore if he had to dress army surplus though ya know Ann,i bet he comes out a treat in Lime or is it jade?
As always,Ann,just whistlin'd'wind[x2]
jr
"....i LIKE to watch............."
Anon.
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ann
Member
Username: ann
Post Number: 312
Registered: 04-2004Rating: N/A
Votes: 0
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| | Sunday, February 20, 2005 - 05:02 pm: |
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Well that's very interesting jr, I didn't know about the water desalination capabilities of the CETO wave energy system.....excellent!
No jr I wouldn't have felt comfortable about posting this info on the main board. It has been made quite clear at meetings and on the main board that the upper regions are about Technical Analysis. I know I had a bit of a spout about VGH up there but being a new company and not having a charting history, I thought there may have been someone interested to know about it. I think that's why Colin was kind enough to give us this section, so we could do a bit of chitter chatter about companies and people. Also I didn't want to intrude on someones thread to go 'chick blah blah blah'.
Coffee at Mein host Chuck's Kaffe....Y knot! u can do the arrangements with d'capitain, nix Wednesdays, I try to get to the ASX then.
jr maybe best not to do the whistlin'd'wind around a ship's captain, not the ideal way of 'How to win friends and influence people'
Cheerio
Ann
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dogalog
Member
Username: dogalog
Post Number: 846
Registered: 03-2004Rating: N/A
Votes: 0
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| | Tuesday, February 22, 2005 - 10:41 am: |
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It looks like it[d'market]has gone into speculation flat out against a 'better world'/method and back into 'it says in the books if this happens?you do that' and oh 'i heard dis expert says Four X is fun,i'll give that a burl'
I,being a volvo driver and all,might not be right on this but i think the most recent FX was a falcon,mid80's.Yeah there was a holden in the 50's called that but most people realise that even d'1990's is Gone.
Anyhow ann,d'Falcon has these kind of 'leadlight'style small panels in its rear lights design.It's the most stolen and unrecovered make of vehicle in Australia.All the ferals/unsuitable cafe society/even -[as per your nautical friend]niggers from nigeria-if they were here they'd statistically would have this Falcon[that i think is FX model].To maintain them,that's why all other owners risk that theft rate.
I was going to buy one,Ann,True,instead of the Volvo but i chose to remain a bit incognito.The copper pigs pull an FX over very often just on whim and to boost clearup figures and that.I don't like being cleared up,Ann.
Anyhow,ann,hope you can get your meeting together,it seems to me prarhan having workers in its name may be a downer with your fellow EMers?i dont know like why do you bother,ann,when all they dish out is 'Directions'?
regards,
jr
"Here's to the few who forgive what you do
and the fewer who don't even care"-leo cohen.
what's it mean?
dangged if i care-
d'jr.
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msparks
Member
Username: msparks
Post Number: 33
Registered: 10-2004Rating: N/A
Votes: 0
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| | Tuesday, February 22, 2005 - 12:02 pm: |
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Hi Dogalog
What has happened to HC
Hope the butcher didn't get him.
mm
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dogalog
Member
Username: dogalog
Post Number: 852
Registered: 03-2004Rating: N/A
Votes: 0
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| | Wednesday, February 23, 2005 - 11:21 pm: |
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hi msparks,
i made a brief reply to you the other day someplace else but just realised you may not have got it.it's just after 11pm in the real world[Qld]so i thought i'd do a follow-up.
it is 'concerning'that HC seems to have done d'flit.it's nearly 2 weeks now.With all this palava going on[like in systems/kanga tails etc etc]it is surprising he's not doing his angles.It's just the meat he likes to chew tho as you know msparks,hc is vegetarian.
i wonder if he's tired of nylex yet?I think d'M that hc may be off consolidating his empire or at least cashing his chips in an orderly manner.
why don't you do some charts on the paddock stocks,i'll back you with comments and let's see if we can round HC back into the fold?Remember in long term NAB,hc set out excellent buy triggers.Let's us figure the exits,msparks.The more we're wrong the more the liklihood of his return.If he rouses,chucks a cow,we'll say it was a plot.
Are you in,msparks?
"Here's to the few who forgive what you do
and the fewer who don't even care"-leo cohen.
what's it mean?
dangged if i care-
d'jr.
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holycow
Member
Username: holycow
Post Number: 847
Registered: 08-2004Rating: 
Votes: 2
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| | Thursday, February 24, 2005 - 07:28 am: |
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Dr, Mark,
There's no need to pull my tail...
If I tell you I was taken away from my PC (in the midst of all these actions) would you believe me? Anyway it's good to be back and I have been busy catching up. In fact I have written the following "little message" yesterday but couldn't find the enthusiasm to post it. But then, what the heck. Here goes:
I think I have gone into hiding long enough. About a week or more ago I told others that the market action has "freaked" me out and was cautioning on taking profit while it is still on the table... if you/I/we don't, then someone else will do it for us.
And so they did. And they are doing it now for you. Thank you very much - I heard they said...
And they probably will be quite gladly doing it for you until either they have enough or there's nothing left on the table.
Sure, your cut loss level has not been reached yet and you have come from a very low base and you are still in profit - I am not arguing with that. But, if that's the stance you have chosen, then you just have to wear it and learn to endure such "volatility" and spikes and kangaroo head or tail, dead cat bounce or dead fish leap or whatever.
... and hopefully your cut loss level is never reached in this round of PROFIT TAKING so you can continue riding your trend to ever happiness and profitability.
Meantime, how about just treat the current market behaviour as some kind of "normal" topping/corrective/profit-taking pattern after 2 YEARS (yes, 365daysx2 or 250sessionsX2) of rally? It's normal because the BIG BAD greedy ones are stealing the first (BIG) bite of the cherry while the rest of the herd who are still "waiting for the cherry" to reach its 120% ripeness and fall conveniently and easily into their mouth so they can take their own sweet time to call it "bluurrp, yes, now I am full, time to take profit..." - yes until the trend is bent, weekly MA is crossed, 10% loss is no big deal if you are into the long haul, blah blah blah. (good on ya! and thank you) - let's just tough it out and be patient. She'll be alright...
The mother of all market in her own sweet time will show us if she is normal or not. I am sure too in our own sweet time, we will find out if what we are doing or not doing will be profitable and make us all healthy wealthy and wise not. And yes, we will also be able to find out if the cherry will be there or won't be there one way or other... when it's over.
Here are some possible scenarios base on my hot air tinted eyeballs:
Scenario 1) the market will rally on after this correction
1.1) those who are waiting patiently will continue (again) after a minor setback but their profit will continue its rise (good on ya), and this clap clap clap! My cheers to you.
1.2) those who have taken their profit can/will try their luck again and ride on the (discounted) trending stocks and continue their ride after jumping off the train - hopefully the train will stop for them to get on and the ticket not too expensive... and base on early data, it seems, the train might just slow down enough for them (lucky them);
Scenario 2) the market may not continue its rally so soon and may take up to 1 week, 1 month, 3 months or 6 months to consolidate (who knows)
2.1) if you are into patience management, you now have a chance to practice your "patience tolerance" (good on ya), and I hope you will come out winning at the end of it - you have now earned my respect and here's my early "salute" and my best wishes to your "ultimate triumph"; and yes, keep your money in the market and let it ride on further. The trend is not dead and there's no evidence to support that.
2.2) if you have no patience (like me), and you are trading your guts out these few weeks and still have time to post here (like me), then let's pray together and hope that the market will slow down enough so we can get back in; meantime, let's not talk too much of market crashing or correcting big time, etc just to be sensitive to others (this will be my last post on market topping and correction, I promise!)
3) Some very unpopular yet worthwhile view. One posted by Tony_m which show some stats on the acceleration of buying/selling. I remember he got some pretty poor rating which still show many do not like to hear bad news yet. Well, good on them. I love that mentality because it means there's still time for others to take profit and make more money from the market;
4) Here are some numbers and stats and what nots...
4.1) 4190 and 4280 quoted by Mclaren, start doing your homework around these levels;
4.2) he has also cautioned on the next two months, so, take heed;
4.3) open your eyes and start reading charts (for real) - check out LEI, AMP, CPU, TEN, PBL, MXG, PMN, QBE, SGB, TIM, and many more - CAN YOU SEE THE H&S FORMATION in some of them? OBVIOUS? Or not? Never mind. This just perception. It's just some kind of hook and turn and probably some "j" or "L" or "M" or "W" letter thingy. Not much to crow or alarm about. Don't worry.
4.4) do your sum, take the peak SP of your favourite stocks and take their current SP and then calculate how many % the price has dropped since. If yours are still in positive and in a winning position - well done, you are a winner. If you are in the loser camp - check out the % loss and then weigh up this possibility - how about another 15-20% more loss from the current level? Can you live with it? (Of course, you know I am exaggerating here but you can't rule this possibility out until the market either proves or disproves I am wrong - and THAT is the chance/risk you are taking!)
4.5) if 4.5) has a grain of truth, all stocks that are showing high PM (Price multiple) since March 2003 stand a very good chance to be "shaved"! Just watch! While you watch, cross your fingers, some say it sometimes work. Never can tell.
4.6) Finally this one I have heard many times over so can't help but to point it out - "they" and the market will never fail to remind you how good the profit outlook, forecasts, growth, potentials, etc are... while they are quietly sweeping the chips off the table - they have to because they are dealing with BIG $$$ and big volume of shares here.
They will also tell you how good the economy outlook, forward indicators, business sentiment, demands, etc are while they are doing it quietly and differently from you. (They are taking profit. And you?)
These good news have a certain calming and comforting appeal to your "logical" self and you can be sucked in quite easily. Why not give yourself a chance to read/see the FACTS and listen to the market for what it is saying - for example, ALL reported good profit, etc, the share price was down... check this out and confirm for yourself - there are many many more cases other than ALL (like BSL) where the company reported good profit and growth forecast, etc, its share got knocked back, some were down right slammed! (I know, I know, the % loss is quite small comparatively). Anyway, this just some "alternate view" which is not "main stream" enough in this forum. Ignore it if it's not your cup of tea or not your style.
Finally, if you are still here reading after so much crap has been thrown at you, here is a question - you got good company report and the share got dumped, why? What does this tell ya?
My guess and incomplete work in progress, yet to be proven or disproved pet thesis: A) the stock has been priced in long ago and they are taking the chance to get out; B) the growth guidance, profit outlook etc can't support the current SP and hence they are given a haircut; C) the future in their eyes is just not as rosy as they make out to you; D) tell me what I have missed out, give me your pet theory or thesis and I will list them here for all to ponder on; E) none of the above, it's just some abnormal market behaviour which I am sure is the most preferred and popular choice; F) come again please? What market? What problem? We just got 71% raise in Iron ore price(?), so who says it's gonna be problem?
Just pick one that suits you. Add sugar to taste. May be some milk... no! Not milk, try something else like soybean milk instead. Be a vegetarian.
...and yes, take care out there!
Cheers.
ps: "YOU" in my context does not refer to any particular individual.
pps: On the plus side, the market may (or may not) find support in 4090 which is the recent Jan high. So don't worry, be happy.... and be lucky!
HC
"... if you've got a chart, I have an opinion!"
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