AWB
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     dug
Member
Username: dug
Post Number: 1029
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 09:39 am: |  
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Seems our discretion section went missing and Msparks,thommo78, I'm too,well,d'soul of discretion to ask for it back.
Anyway AWB broke yesterday up to the 50EMA with the 150 and 200 at $4.62/69 respectively.Either of you getting on it?I won't bit,busy for screen watching this fornight but I reckon it[AWB] could be a Go.
Avatar- PHACOPS{speculator}from the Devonian Period.
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msparks
Member
Username: msparks
Post Number: 471
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 01:15 pm: |
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Reminds me of CAZ a bit, win if they keep the desk, lose if they don't.
Maybe at its bottom but without the single desk where will it be ?
Need to research more on where this is up to with Govt and court decisions.
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dug
Member
Username: dug
Post Number: 1033
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 01:57 pm: |
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From the discussion with you and thommo78 [in d'Lost Wisdom],msparks I don't reckon the single desk is for the Chop.
Thommo's description of the contenders didn't inspire me that they had the nouse to make a fist of it BUT AWB could get the cane from the Cole Enquiry,carry the can as they say,so it may well be right to let this great buying opportunity[cfd wise] go by.
cheers.
Avatar- PHACOPS{speculator}from the Devonian Period.
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peterloh
Member
Username: peterloh
Post Number: 1733
Registered: 03-2003Rating: N/A
Votes: 0
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| | Wednesday, April 26, 2006 - 03:01 pm: |
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What happens if the finding is, AWB is absolved of any quilt because they are not aware of the deceptions of the former regime of Iraq? This finding is to the benefit of the ministers,officials and AWB and is the best outcome except for the opposition and AWB's competitors.This finding also protects the image of Australia. It may not be the true situation but then can anyone tell me when business is a straight forward affair.The other likely outcome is a tap on the knuckles of AWB for being careless and not investigating the deal before entering into it.Thus the outcome of the break out?
Will it be likely in the near future that AWB be merged with another entity so that the single desk be preserved?
Please do not considered as advice as I do not know individual circumstances but from an investor or trader point of view is, when in doubt clear out, to protect one's capital.It may be like CAZ situation, however AWB's price could have factored a lot of the bad news in it already. However if the news are not favourable, AWB may drift further down.Charts are useful if used with other analysis.You will find that on many occasions that a big shareholder sells down when the price is rising.After that, the price starts to drift down.
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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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dug
Member
Username: dug
Post Number: 1040
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Thursday, April 27, 2006 - 11:17 am: |
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Hi peter,
Interesting idea,AWB doing some takeover/merger in the future with say Grainco or ABA.Probably a lot of cross-over Grain Grower shareholders.
In this Go's for a month there's a Discretion thread and in that,one on AAV.
Half way down the AAV thread it turned into a wheat/AWB discussion.[Really complicated way to find it,hey?]
Anyway member Thommo78 joined me and MSparks in discussion.Thommo78 seems to be a Ag Products Futures Desk 'consultant' and third generation family wheat grower so he's got some clues on this subject so you may want to read them in AAV,Peter?
Anyway,I think AWB is way more "Respectable" than CAZ but I'm thinking the main problem will be Future Contracts.
Every time they beat say the Yanks in the Middle East Market,their competition will mutter Corruption blah,etc.
They[AWB] will also be approached by corrupt,local officials all the time,like'you've done it before so I'm cheaper' sort of thing
and of course every new Iraq gov't official will be very wary of doing business with AWB and it'll be all very messy.
One wonders what the scream would have been if AWB HADN'T sold Iraq the wheat in the 'corrupt' circumstances.
What Proof do you have?Is it good enough to let women and kiddies Starve? the critics would rave.
Anyway,off to do measuring.Hope thommo and Msparks come to chat with you,Peter.Get some AWB concepts continuing without me.
regards.
Avatar- PHACOPS{speculator}from the Devonian Period.
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peterloh
Member
Username: peterloh
Post Number: 1736
Registered: 03-2003Rating: N/A
Votes: 0
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| | Thursday, April 27, 2006 - 02:46 pm: |
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Dug,
The different between CAZ and AWB,AWB has factored in a lot of the problems whereas in CAZ's situation, it was more like euphoria, high expectations, therefore factored in on the high side.
Without entering into any debate,I was asked asked what I would do if I am in such a situation, I always maintain that from an investment and trading point of view, I would in most situation, when in doubt, clear out instead of taking a position. To be able to appreciate the actual position, one is in, we have to consider the needs and objectives of the holder of the shares and their current situation without which, it is difficult to analyse the actual situation.
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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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