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     peterloh
Member
Username: peterloh
Post Number: 3014
Registered: 03-2003Rating: N/A
Votes: 0
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| | Wednesday, May 06, 2009 - 01:25 pm: |  
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Building Material OSA recently took over its competitor SSX (smorgen).With the Rudd's government stimulus package in place and the world economy coming out of recession and building approvals picked up this one is worth having a look at.OST has a capital raising recently, so its balance sheet is strengthen.
In the weekly's chart OST's SP is over the 15 weeks MA. In its daily chart the SP is threatening the resistance level and on the verge of breaking out.I have also bought into this one and also taken advantage of the rights issue which closed today.MACD is turning positive.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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ohkoolnutz
Member
Username: ohkoolnutz
Post Number: 807
Registered: 10-2005
Rating: N/A
Votes: 0
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| | Friday, May 08, 2009 - 12:14 pm: |
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peterloh wrote on Wednesday, May 06, 2009 - 01:25 pm:...the world economy coming out of recession and building approvals picked up...
I like your sense of humour.
---
ohk
Lies, Damn Lies and Technical Analysis
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peterloh
Member
Username: peterloh
Post Number: 3022
Registered: 03-2003Rating: N/A
Votes: 0
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| | Wednesday, May 13, 2009 - 10:10 am: |
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Government stimulant in infrastructure will only help companies in the building material, contractors and engineering companies.RSI of OST and its SP are giving positive vibes.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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peterloh
Member
Username: peterloh
Post Number: 3031
Registered: 03-2003Rating: N/A
Votes: 0
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| | Sunday, May 31, 2009 - 10:30 pm: |
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OST has gone up about 15%. On top of that I happened to help myself to some of the rights issue given at $1.80 per share.OST is currently consolidating.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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peterloh
Member
Username: peterloh
Post Number: 3081
Registered: 03-2003Rating: N/A
Votes: 0
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| | Tuesday, June 30, 2009 - 03:54 pm: |
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OST is still ranging. It hasn't gone up much since my posting. My benefit is from the rights issue at $1.80 in which I applied and got a bit more than my entitlement of one for one. I am still waiting for the government stimulant to come into this sector to kick start the economy. When the good money comes in, demand will pick up in the building material, meanwhile OST is looking to some of the home loan approvals which has risen and probably transformed into orders for their products in the next 2 months.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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peterloh
Member
Username: peterloh
Post Number: 3123
Registered: 03-2003Rating: N/A
Votes: 0
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| | Friday, July 17, 2009 - 12:30 pm: |
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I have decided to cash in this morning on OST,as I have a few bought as a rights issue of $1.80. The song is not over yet for this one as it hope on the BSL wagon yesterday and likely to retrace after a very strong short run.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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peterloh
Member
Username: peterloh
Post Number: 3195
Registered: 03-2003Rating: N/A
Votes: 0
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| | Tuesday, August 11, 2009 - 02:05 pm: |
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OST is also worth a short term trade. I have it here, because I like to have it for the long term. OST has returned to a level that I sold out and thought I wouldn't have the opportunity in getting back on. I have always been comfortable with it, having initially bought at $1.80 and watch it went another 20% after I have sold it around this price.The Bollinger Bands are closing in on OST and after the recent retrace, this one may continue on, on its way.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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peterloh
Member
Username: peterloh
Post Number: 3204
Registered: 03-2003Rating: N/A
Votes: 0
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| | Thursday, August 13, 2009 - 06:16 pm: |
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Broken out with a bit o volume.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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peterloh
Member
Username: peterloh
Post Number: 3220
Registered: 03-2003Rating: N/A
Votes: 0
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| | Tuesday, August 18, 2009 - 11:30 pm: |
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Now that OST has retraced(the diminishing 3 as in candle speak, it should carry on its good work from here). Watch for a strong move tomorrow as confirmation for OST to continue its good work.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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hershy
Member
Username: hershy
Post Number: 2445
Registered: 10-2002
Rating: N/A
Votes: 0
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| | Wednesday, August 19, 2009 - 06:23 am: |
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Hi Pete,
Wasn't much of a retrace, just 2.7% for the week and it is still above support ( H & S neckline) which is very good.
On the other hand, BSL retraced 9.39% but dipped below support.
And I believe the correction is not done with us yet yet.
The big money in stockmarket investment is not made in the thinking, it’s made in the sitting.
http://members.optusnet.com.au/~hershy/
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peterloh
Member
Username: peterloh
Post Number: 3336
Registered: 03-2003Rating: N/A
Votes: 0
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| | Wednesday, September 16, 2009 - 01:25 pm: |
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OST is heading towards hershy head and shoulder's target.
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Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.
The views expressed here contain information derived from public available sources that has not been independently verified.No representation or warranty is made as to the accuracy, completeness or reliability of the information.Any forward looking information in this representation has been prepared on the basis of a number of assumptions which may prove to be incorrect.It should not be relied upon as a recommendation or forecast by the writer.
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