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AAX - Ausenco Limited

I got in about a week ago before the capital raising was mentioned.. this doesnt seem to have hurt as much with the announcement of the new project win. I see they hit $4 on 28/5

Should bounce back up.IMHO
 
Ha I got in as well around 3.60.

Nothing but positives IMHO assuming you are looking long term. They have the balance sheet to ride out the slump and will be back in the forefront when all the digging and building starts again. Very well regarded company in the mining/engineering space.
 
I saw the record date for the SPP is the 4June 7pm, does that mean that I could buy tomorrow and still participate?
 
It does not look very good for Ausenco ... let's see if it bounces back above 4.40. I've got my stop loss at 4.15.

 
This has been what i have been waiting for a good drop in Ausenco share price .. Long term this company has a strong list of major projects worth reviewing.
Will post later today with more info.

DYOR
 
With the recent slump in its share price im looking to buy some ausenco for the long term. What do you guys think of its long term aspects project and money wise?
 
looks like AAX is coming back to its near $15 (speaking too soon??). Has had a great run of late just wondering what you guys think about ausenco and its future?
 
Ausenco addresses market speculation regarding pending contract

It has come to the attention of Ausenco Limited (ASX: AAX) that there is speculation in the market regarding a pending contract. Ausenco advises that it is in the final stages of negotiating a contract to provide project management services for a project in the Australian resource sector.

Whilst Ausenco has commenced some initial mobilisation of resources and is hopeful of concluding an award soon, at this point in time no contract has been signed.

The market will be kept informed of any future developments in accordance with continuous disclosure requirements.

http://www.ausenco.com/page/News/Ne...arket_speculation_regarding_pending_contract/

A little news for all the ausenco followers
 
Ausenco up 8 cents again even on a bad day. Just further proof on the resiliance of this stock and that something good is going to happen in the near future.
 
What's going on with this company Surely it must be close to the bottom. Apart from the announcement regarding expected half year loss are there any other reasons for slide?
 
What's going on with this company Surely it must be close to the bottom. Apart from the announcement regarding expected half year loss are there any other reasons for slide?

I'm over the moon this one has come down to such lows. I bought in (happily) at $2.50 recently and will top up with more as I can. It's no secret that the industrials have been very hard hit PLUS the allords is actually quite undervalued relative to other world markets. When mining takes off again, which it will, these rock bottom industrial prices (across companies on average) will be godsends. It would be wisest to diversify across a few industrial co.s to spread the risk
 
on sky business, sorry but I can't recall who he was but was from some investment company, said "aax looks at bottoming around the $1.71 mark, due to a 5 teir drop." SP at that time was mid $2s.

Looks a nice buying range atm...
I don't hold any yet...
 
There will be a leg down in June in the overall markets (or at least it's forming), so I wouldn't be getting in just yet. Though, this stock has taken a hard hit already.

It didn't look good to me back in January and I got out at the exact top of the small triangle at 4.75 (I believe it went up to 4.77 that week).
 
This stock hasnt taken a break and its just being smashed from bad news by the company. I still remain faithfull to the company believing that they will grow back to the $15 highs one day.
 
This stock hasnt taken a break and its just being smashed from bad news by the company. I still remain faithfull to the company believing that they will grow back to the $15 highs one day.

The way I look at it is that it's been punished by the super tax as it provide service to the miners. When/if miners bounces back with the projects continuing, then this company should easily go back to 4 dollars. Current prices level has reached the lows at 2008 crisis level.
 
looks like AAX is coming back to its near $15

With the recent slump in its share price im looking to buy some ausenco for the long term.

Ausenco up 8 cents again even on a bad day. Just further proof on the resiliance of this stock and that something good is going to happen in the near future.

This stock hasnt taken a break and its just being smashed from bad news by the company. I still remain faithfull to the company believing that they will grow back to the $15 highs one day.

You've been ramping AAX for months now, even though it's been experiencing a steady decline. Perhaps you should wait until it shows clear signs that it's turning around before making any further bullish statements?
 

01/07/2010 AAX LOW: $1.71... well well there you go! Seems like its still holding towards those levels though.
 
This stock hasnt taken a break and its just being smashed from bad news by the company. I still remain faithfull to the company believing that they will grow back to the $15 highs one day.

Dear Russia

I do realise you either wanting to buy AAX or want to sell it.

But please why you tend to assume that readers in ASF are just idiot ? Can not they see the figure $15 is just an utopian thought ?

I have no problem what your intelligence commands to assume a share price. But please do not expose your thoughts to let people think otherwise about your projected price. I am sure you are aware of the ASF codes and guidelines.

I have lot of respect for Zimi the CEO's leadership and faith on Ausenco. But that has nothing to do with projecting share price to a ridiculous value.

If you are sincere then please come with facts and figures to support your projected figure and shut my mouth.

Disclaimer : DNH
 
You've been ramping AAX for months now, even though it's been experiencing a steady decline. Perhaps you should wait until it shows clear signs that it's turning around before making any further bullish statements?

Good action Joe

Sorry I missed to see your posting when I responded to Russia's post.

Disclaimer DNH AAX
 
I'm sure the charts will tell us when the time is right to buy AAX, certainly plenty of room between today's low and the all time high near $17
 

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