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barney

barney

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Could not find a thread on LEI, so I thought I'd start one ........... This has had an incredible spike the last few days for a big blue chip ............. Just wondering if any fundamentalists out there can put a spin on whether the current sp represents "true value"

I'm interested from a contrarian point of view cause often good news is "overbought" ................ I know their profit increased by about 60% ?? half year, but does this represent an increase of almost 50% in the sp over the last 3 weeks ............. any thoughts from those much better versed in fundamentals than I would be appreciated. Cheers, Barney
 
Re: LEI - Leighton Holdings

barney said:
Could not find a thread on LEI, so I thought I'd start one ........... This has had an incredible spike the last few days for a big blue chip ............. Just wondering if any fundamentalists out there can put a spin on whether the current sp represents "true value"

I'm interested from a contrarian point of view cause often good news is "overbought" ................ I know their profit increased by about 60% ?? half year, but does this represent an increase of almost 50% in the sp over the last 3 weeks ............. any thoughts from those much better versed in fundamentals than I would be appreciated. Cheers, Barney
Click to expand...

Hm i want to see new thew forcast EPS, below is new but before teh annoucment

EPS(c) PE Growth
Year Ending 30-06-07 119.5 24.4 19.5%
Year Ending 30-06-08 131.5 22.2 10.0%

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 100.0 119.5 131.5 125.3
DPS 66.0 76.0 83.0 79.0

thx

MS
 
Re: LEI - Leighton Holdings

Cannot beleive there is no discussion on this thread. Everyone is too overconcerned with Uranium etc. This is a company that is a golden apple on the ASX. Not sure about now though, it has spiked incredibly but it was always a solid company. Wait for a fall, and Im jumping back on board without doubt.
 
Re: LEI - Leighton Holdings

Buffettology said:
Cannot beleive there is no discussion on this thread. Everyone is too overconcerned with Uranium etc. This is a company that is a golden apple on the ASX. Not sure about now though, it has spiked incredibly but it was always a solid company. Wait for a fall, and Im jumping back on board without doubt.
Click to expand...

I think its worth about $20, if you look at the numbers below and access the upside/downside risk factors etc

EPS(c) PE Growth
Year Ending 30-06-07 144.3 24.6 44.3%
Year Ending 30-06-08 170.5 20.9 18.2%

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 100.0 144.3 170.5 177.1
DPS 66.0 95.9 110.0 119.2

thx

MS
 
Re: LEI - Leighton Holdings

Lei just announced a joint venture deal in india worth 2.5 billion over 5 years to the company. Has had an unbelievable run of late due to a series of profit upgrades. The latest announcement should continue that trend.
 
Re: LEI - Leighton Holdings

Look at this bollinger squeeze and what has happened last two squeezes... every indiacator here says buy, buy, buy.... I haven't the opportunity until Monday..I hope i dont miss the boat..
THOUGHTS??
 

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Re: LEI - Leighton Holdings

Ok for the newbie here, Bollinger bands give an indication of volatility, yes typically a squeeze indicates a period of low stability, usually followed by a period of unstability. BUT...what are the other indicators you're using to indicate the price is going up? BBands themselves cannot forecast upward or downward movements.
 
Re: LEI - Leighton Holdings

Santob said:
Ok for the newbie here, Bollinger bands give an indication of volatility, yes typically a squeeze indicates a period of low stability, usually followed by a period of unstability. BUT...what are the other indicators you're using to indicate the price is going up? BBands themselves cannot forecast upward or downward movements.
Click to expand...

Ummm the rest of the indicators on the chart...
1: RSI isnt too high...about 60,
2: MACD about the cross upwards, my opinion only, but looking upwards,
3: Slow Stochastic IS on the way up.

I could have put more like
4: the Williams % R of -20 is good
5: Money Flow is high.

I am relatively new to this as well, but has proved successful as in my OSH post #174 proved true.

Still only my Opinion... take it on own will.
 
Re: LEI - Leighton Holdings

legs said:
Ummm the rest of the indicators on the chart...
1: RSI isnt too high...about 60,
2: MACD about the cross upwards, my opinion only, but looking upwards,
3: Slow Stochastic IS on the way up.

I could have put more like
4: the Williams % R of -20 is good
5: Money Flow is high.

I am relatively new to this as well, but has proved successful as in my OSH post #174 proved true.

Still only my Opinion... take it on own will.
Click to expand...

Sorry, my post didn't really indicate it correctly, but - I'm the newbie here :D - I'll have to investigate how these BBands work a bit more closely now.
 
Re: LEI - Leighton Holdings

Where to from here with this stock.. does anyone know any broker recommendations for this stock.. or 12 - month price targets..

It appears to be very volatile at the moment.
 
Re: LEI - Leighton Holdings

I hope Legs missed the boat :eek: Maybe the Next Monday will be a better time to buy.

Legs' Analysis was somewhat correct...I think :confused:
 
Re: LEI - Leighton Holdings

Santob said:
I hope Legs missed the boat :eek: Maybe the Next Monday will be a better time to buy.

Legs' Analysis was somewhat correct...I think :confused:
Click to expand...

I got in and i am down currently 9.8%. OUCH this is going to come back up i hope. I am nearly stopped out, i set it way too low i think.
 
Re: LEI - Leighton Holdings

thierry said:
Where to from here with this stock.. does anyone know any broker recommendations for this stock.. or 12 - month price targets..

It appears to be very volatile at the moment.
Click to expand...

Macquarie Private Wealth have an outperform on LEI with a 12 month target of $42.04. However, I dont really pay much attention to these targets to be frank.
Point in case MPW have ZFX on neutral rating for now 8-9 months and 12 month price of $14.80, and yet ZFX is now at $18.52 and been as high as $19.62 and has outperformed the market (ASX200) easily in past 9 months. :rolleyes:

Cheers
Muzz
 
Re: LEI - Leighton Holdings

legs said:
I got in and i am down currently 9.8%. OUCH this is going to come back up i hope. I am nearly stopped out, i set it way too low i think.
Click to expand...

I knew I’ll find you here some where Legs. ;)

William R% is now at 100%, Fast Stochastic at 0. Other indicators don’t show much of a recovery trail, but personally I think it should be a bounce back soon. I think I’ll get in once I see an up trail.
 
Re: LEI - Leighton Holdings

thierry said:
Where to from here with this stock.. does anyone know any broker recommendations for this stock.. or 12 - month price targets..

It appears to be very volatile at the moment.
Click to expand...
This is one of my long term holds. Perhaps if you take a look at, say, the two year chart, you will be a bit less bothered about some interim volatility.
It has had a very strong run up recently so a bit of a pull back at this stage is not unexpected.
 
LEI - Leighton Holdings

This company has had some great announcements recently.

The stock price has also broken out again, at an all time high..

I couldn't find a forum on this.. so I thought i'd start one for any views on this share.
 
Re: LEI - Leighton Holdings

Julia said:
This is one of my long term holds. Perhaps if you take a look at, say, the two year chart, you will be a bit less bothered about some interim volatility.
It has had a very strong run up recently so a bit of a pull back at this stage is not unexpected.
Click to expand...

It's obviously been a great performer, and I think will be for years to come.

It's on support at the moment, and the sector is weak. However, if they can get a share in the billions on offer in Perth redevelopment over the next few years, it'll go in the bottom draw for mine.

Cheers.
 

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Re: LEI - Leighton Holdings

Hi just wondering what your thoughts are on the most recent Leighton announcement with the profit figure and the Entitlement Offer on the table? I''m fairly new to investing and bought these shares just the other day. Did I get in at a bad time or was I lucky and got in at a good point?
 
Re: LEI - Leighton Holdings

Well, it depends. If you want to buy more, you probably got in at a good point, because the cut-off date for the discounted shares is 19th August, 2008, which means you needed to own them by then. So, if you can afford more, by all means, you should buy some, because you'll get them at $35 ish (don't quote me on figure), and can sell them back into the market when it picks up again.

I'm just really P*ssed off because i bought a whole lot of them hoping to cash in on their profit report, and then they go and do this. It's like, thanks alot Leighton, don't you want loyal holders?!

Anyway, vent over. The price will probably be pushed down upon open tommorrow, but i'm not sure by how much.

(Oh yeah, i don't think you made a mistake in buying LEI as it is a good company with profits and a full order book).
 
Re: LEI - Leighton Holdings

Hi
Could any one provide any clue on LEI ?
When the market has been rising but LEI has been descending continuously.
Have they lost any contract or was it because o any cancellation of contract with MAH due to market slump and projec cancellation ?

Any thoughts or knowledge sharing will be appreciated

Regards
 
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