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BKN - Bradken Limited

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Re: BKN - Bradken

Good to see BKN go up in this down slide of the all ords and bounce off 8.50 support levels. Very interesting to see our friends INVESCO Australia Ltd buying another 100 000 shares on 28 feb after reducing their exposure before the all ords correction. This is despite further falls in the all ords to possible 5500 support levels. Looks like futher declines Monday as well after seeing US market go down. May join you very soon on this one Haliba. Especially if PDN profits continue to erode. :eek:
 
Re: BKN - Bradken

This seems a pretty solid stock. I don't think Monday will batter it, the individual stock is very good.
 
Re: BKN - Bradken

Halba said:
This seems a pretty solid stock. I don't think Monday will batter it, the individual stock is very good.
Click to expand...
Agree. Seems strong around 8.50. Didn't stay too long below that.
I'm happy with getting it at 8.40 so will hold with little stress. Should go 10 + with time I believe.
 
Re: BKN - Bradken

It's held up extremely well. This could be classed as a "defensive" stock - its going to do well even if markets correct, as its a key supplier in this resource boom which is going to last for a longggg time.
 
Re: BKN - Bradken

This share has been performing strongly. There is nothing to indicate to the contrary. Dow can throw whatever it wants at it, it still does not go down.

Its highly leveraged to the China boom because it gains $$ every tonne of ore moved.
 
Re: BKN - Bradken

I'm a buyer ... chart latter ... via CFD.

Performing well in what is overall a launguishing market
 
Re: BKN - Bradken

great to see this stock running.... I only came in yesterday.. Pity I picked up a small parcel. .. Lets hope it keeps running...
 
Re: BKN - Bradken

Market Depth is 6 buyers for each seller .... no one that has bought this stock and not sold has lost any money .... so sellers are few and far between ...

Servicing the mining industry too ... one thing I do know is that when the resource sector is running consumables are not even looked at as a line item cost ... and far too hard to control
 
Re: BKN - Bradken

Nice gap and reasonable day again today. New computer and screen so heres to see if the uploads still work
 

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Re: BKN - Bradken

Dutchy3 said:
Nice gap and reasonable day again today. New computer and screen so heres to see if the uploads still work
Click to expand...

I'm with you Dutchy, the nice trend continues........

BKN shows no signs of slowing down, all the best to all longs here...

Cheers
 
Re: BKN - Bradken

reece55 said:
I'm with you Dutchy, the nice trend continues........

BKN shows no signs of slowing down, all the best to all longs here...

Cheers
Click to expand...

Share Quote as at 2:22 PM Sydney Time, Wednesday, 18 July 2007 BRADKEN LIMITED FPO CommSec Margin Lending LVR: 60%
Code Bid Offer Last Change* Open High Low Volume
BKN 11.390 11.400 11.400 +0.280 11.350 11.480 11.230 280,333

Seemed to get the staggers between Feb and mid-June but now seems to be reaching new high again today (on moderate vol) and on 2 or 3 of last 6 trading days. I happily hold in my SMSF
 

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Re: BKN - Bradken

Closed up on a red day 12.430 +0.51c (+11.9%) market seems to have like announcement on the 17th Oct Bradken Ltd Acquires 75% of Cast Metal Services Pty Limited Now at all time high
 

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Re: BKN - Bradken

drmb said:
Closed up on a red day 12.430 +0.51c (+11.9%) market seems to have like announcement on the 17th Oct Bradken Ltd Acquires 75% of Cast Metal Services Pty Limited Now at all time high
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Im pretty sure it wasn't 11.9% but it was up nonetheless.
Continuation from the blue sky close yesterday.
Looks the goods.
 
Re: BKN - Bradken

nizar said:
Im pretty sure it wasn't 11.9% but it was up nonetheless.
Continuation from the blue sky close yesterday.
Looks the goods.
Click to expand...

Whoops, sorry! Was up +4.28% in the day. Maybe that 12% was the figure for the past 2-3 days? Divided by 12 (or 11) carry the 1, or 3 or ... uumm duh, back to the calculator.

Yeh but still it was good to see and I happilly hold in SMSF,
 
Re: BKN - Bradken

drmb said:
Whoops, sorry! Was up +4.28% in the day. Maybe that 12% was the figure for the past 2-3 days? Divided by 12 (or 11) carry the 1, or 3 or ... uumm duh, back to the calculator.

Yeh but still it was good to see and I happilly hold in SMSF,
Click to expand...

Yeah its not bad

Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS 45.8 59.5 69.6 76.7
DPS 31.5 40.0 46.0 53.0

thx

MS
 
Re: BKN - Bradken

Lift that game BKN, tote that barge, lift that bale!!

Oh, it did again! Love it, on another red day market shows confidence in this mining support stock, closed on day's high 14.35 up 85c (+6.3%). However, low volumes - shows tightly held atm?

RSI >80, MACD pointing skywards.

BKN is manufacturer and supplier of consumable parts, equipment and refurbishment and maintenance services to resources and rail freight industries. Nick Greiner (former premier of someeasternstate) is Chairman.
 

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Re: BKN - Bradken

Up again today, over $15 and up more than 3% this morning. Somehow the market seems to have decided this is good thing, but low volumes and looking a little parabolic are the negatives

at 11am today 15.220 15.260 15.190 0.510 3.47 14.810 15.250 14.770 85,754
Ho hum, up about 40-50% in 6 weeks, but seems people regard it as a boring old blue chip that pays divies! Thanks Great Pig for putting me on to this :D got any more like this??? :)
 
Re: BKN - Bradken

drmb said:
Up again today, over $15 and up more than 3% this morning. Somehow the market seems to have decided this is good thing, but low volumes and looking a little parabolic are the negatives

at 11am today 15.220 15.260 15.190 0.510 3.47 14.810 15.250 14.770 85,754
Ho hum, up about 40-50% in 6 weeks, but seems people regard it as a boring old blue chip that pays divies! Thanks Great Pig for putting me on to this :D got any more like this??? :)
Click to expand...

Yes its been a good performer for me as well.
Up over 30% in the 3 weeks since i bought it.

But be careful of posts like this they can be considered as ramping since you havent got anything of substance in your post.

Well my other big winner so far is MIN. Its not a blue chip, but it does pay dividends, and because the top 5 shareholders hold 80% of the stock, it doenst take much to make it run.
 
Re: BKN - Bradken

nizar said:
Yes its been a good performer for me as well.
Up over 30% in the 3 weeks since i bought it.

But be careful of posts like this they can be considered as ramping since you havent got anything of substance in your post.

Well my other big winner so far is MIN. Its not a blue chip, but it does pay dividends, and because the top 5 shareholders hold 80% of the stock, it doenst take much to make it run.
Click to expand...

Hm both companies pretty expensive!

ANy risks u think with these companies Nizar?

BKN - Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS 45.8 59.5 70.4 76.7
DPS 31.5 40.0 46.0 53.0

MIN - Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS 16.9 24.1 25.5 28.7
DPS 9.5 11.8 13.5 14.8

thx

MS
 

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