CMQ - Chemeq Limited
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GreatPig
Pigs In Space
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ghotib
THIMKER
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Re: Chemeq ?
Hi GP,
We've held it for about 2 years so today we're in the red on it, but we have high expectations and no plans to sell. They're establishing production facilities and learning to be large-scale manufacturers, which is like absorbing a takeover as far as corporate systems and culture go.
We're not entirely happy about the present capital raising. OTOH I have to admit that I haven't even read the notice, so I have no useful comment to make about it :-[
Thanks for posting all the charts you do. I'm sure you've told us somewhere, but would you mind saying again what charting service you're using.
Thanks,
Ghoti
Hi GP,
We've held it for about 2 years so today we're in the red on it, but we have high expectations and no plans to sell. They're establishing production facilities and learning to be large-scale manufacturers, which is like absorbing a takeover as far as corporate systems and culture go.
We're not entirely happy about the present capital raising. OTOH I have to admit that I haven't even read the notice, so I have no useful comment to make about it :-[
Thanks for posting all the charts you do. I'm sure you've told us somewhere, but would you mind saying again what charting service you're using.
Thanks,
Ghoti
GreatPig
Pigs In Space
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Re: Chemeq ?
Ghoti,
Most of the recent charts are from the AmiBroker software, using free EOD data from http://www.float.com.au. I use Paint Shop Pro to do screen captures from it.
A few charts were from the BullCharts software though, while I was trialling it, and most of the earlier ones from the free FCharts software.
Cheers,
GP
Ghoti,
Most of the recent charts are from the AmiBroker software, using free EOD data from http://www.float.com.au. I use Paint Shop Pro to do screen captures from it.
A few charts were from the BullCharts software though, while I was trialling it, and most of the earlier ones from the free FCharts software.
Cheers,
GP
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Re: Chemeq ?
Great Charts GP !!
Are you able to add Moving Averages also?
I'll try your link and see how i go.. As for Chemeq, i expect once production is approved by the TGA or similar then the share will move upwards again, it's getting to be a regular inn the newspaper business columns..last notice was a pay dispute to sacked worker
Great Charts GP !!
Are you able to add Moving Averages also?
I'll try your link and see how i go.. As for Chemeq, i expect once production is approved by the TGA or similar then the share will move upwards again, it's getting to be a regular inn the newspaper business columns..last notice was a pay dispute to sacked worker
GreatPig
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Knobby22
Mmmmmm 2nd breakfast
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Re: Chemeq ?
The factory is built. The management is learning.
I think it is a buy below $2.00. It may be worth waiting to buy till March next year when a lot of things will be clearer.
The big risk is that the price will be below the options and the company will be starved for cash. On the plus side, the ex ceo has all his money tied up in it and will be desparate for success. I am reasonably confident that the price will be far north of the present price in two years. Traders should put this on their watchlist as the price is very jumpy.
Not an advisor etc. etc.
The factory is built. The management is learning.
I think it is a buy below $2.00. It may be worth waiting to buy till March next year when a lot of things will be clearer.
The big risk is that the price will be below the options and the company will be starved for cash. On the plus side, the ex ceo has all his money tied up in it and will be desparate for success. I am reasonably confident that the price will be far north of the present price in two years. Traders should put this on their watchlist as the price is very jumpy.
Not an advisor etc. etc.
Knobby22
Mmmmmm 2nd breakfast
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Re: Chemeq ?
PS. I own some.
PS. I own some.
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Re: CMQ
CICI gudday,
I thought there were still concerns (despite their intermittent spikes) over their long term profitability, especially since the concerns over the maximum production capacity of the plant being less than the required capacity for long term profitability?
there was an article in BRW a couple of months back that outlined a few points of interest in the company for you, if yoy can get a back copy.
Good luck
Mofra
CICI gudday,
I thought there were still concerns (despite their intermittent spikes) over their long term profitability, especially since the concerns over the maximum production capacity of the plant being less than the required capacity for long term profitability?
there was an article in BRW a couple of months back that outlined a few points of interest in the company for you, if yoy can get a back copy.
Good luck
Mofra
Re: CMQ
Hi there, First time poster here...
CMQ sold a lot of new shares to institutions a few months back for $2.40, I thought that was the base... ALAS...
I am still holding on tho, I heard that once their plants gets its operational licence (apparently Jan 05) then we should get a better understanding of the stock.
R.
Hi there, First time poster here...
CMQ sold a lot of new shares to institutions a few months back for $2.40, I thought that was the base... ALAS...
I am still holding on tho, I heard that once their plants gets its operational licence (apparently Jan 05) then we should get a better understanding of the stock.
R.
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Re: Chemeq ?
Knobby
They took a big dive below $2.00, last i saw they were at $1.33c.. Hope they get that approval from the TGA and recover
T.B.I
Knobby
They took a big dive below $2.00, last i saw they were at $1.33c.. Hope they get that approval from the TGA and recover
T.B.I
tech/a
No Ordinary Duck
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Re: Chemeq ?
OUCH there is some pain here!!
Meaning some of those posting on this topic.
OUCH there is some pain here!!
Meaning some of those posting on this topic.
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Re: Chemeq ?
Announcement on 20/12 indicates they are still experiencing production plant filtration problems with an indeterminate time frame for resolution. That sort of info is going to keep stockholders on tenderhooks, methinks.
FYI I hold no stocks but have it on my watchlist and will continue to hold off and monitor progress until the production probs are resolved. Then I'll see....
AJ
Announcement on 20/12 indicates they are still experiencing production plant filtration problems with an indeterminate time frame for resolution. That sort of info is going to keep stockholders on tenderhooks, methinks.
FYI I hold no stocks but have it on my watchlist and will continue to hold off and monitor progress until the production probs are resolved. Then I'll see....
AJ
Knobby22
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Re: Chemeq ?
The filtration system isn't working satisfactorily. Very bad news.
Management does not seem to be on top of things. They seem lost and incompetant. We need a new CEO.
I said wait till March next year before buying. I was going to top up but now wish I had of sold what I had.
Their is still some hope of a turnaround but if they don't get the plant working soon then the options will fail and the company will be running out of cash, prob around September next year. If a new capital raising is needed then the dilution will be terrible.
In my experience, plant problems are probably major and may take a lot of time and money to fix. The management said they had a working plant, they have obviously lied.
The filtration system isn't working satisfactorily. Very bad news.
Management does not seem to be on top of things. They seem lost and incompetant. We need a new CEO.
I said wait till March next year before buying. I was going to top up but now wish I had of sold what I had.
Their is still some hope of a turnaround but if they don't get the plant working soon then the options will fail and the company will be running out of cash, prob around September next year. If a new capital raising is needed then the dilution will be terrible.
In my experience, plant problems are probably major and may take a lot of time and money to fix. The management said they had a working plant, they have obviously lied.
tech/a
No Ordinary Duck
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Re: Chemeq ?
I see this type of chatter on pretty well all stocks which arent performing posted here on this site.
Everyone is to blame for stock no performance---reasons abound announcements are reveared--------- yet traders STILL HOLD the stock Even worse some buy MORE!!
LOSERS hold LOSERS
WINNERS hold WINNERS
I see this type of chatter on pretty well all stocks which arent performing posted here on this site.
Everyone is to blame for stock no performance---reasons abound announcements are reveared--------- yet traders STILL HOLD the stock Even worse some buy MORE!!
LOSERS hold LOSERS
WINNERS hold WINNERS
Knobby22
Mmmmmm 2nd breakfast
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Re: Chemeq ?
True.
It's up 80%, I'm sure you are holding it, winner.
True.
It's up 80%, I'm sure you are holding it, winner.
tech/a
No Ordinary Duck
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Re: Chemeq ?
Knobby.
Thanks for the serve!!
Its only an 80% rise if you bought at 98c
If your in at $2 then your still holding a loser.
No I dont hold it and No I wont at this point be holding it.
This has got a long way to go before it proves that its turned the corner.(To me at least).
Dont worry Ill be wrong often and so will you.
Its what you/I do when you/I are wrong that makes the differences to us all.
Dont get all Pee'd off because I dont like your call there are some real gems posted here I just dont agree that this is one of them.
Knobby.
Thanks for the serve!!
Its only an 80% rise if you bought at 98c
If your in at $2 then your still holding a loser.
No I dont hold it and No I wont at this point be holding it.
This has got a long way to go before it proves that its turned the corner.(To me at least).
Dont worry Ill be wrong often and so will you.
Its what you/I do when you/I are wrong that makes the differences to us all.
Dont get all Pee'd off because I dont like your call there are some real gems posted here I just dont agree that this is one of them.
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Re: Chemeq ?
Give us the gems Tech/a...what are they?
You've gotta expect a serve the way you talk...you are about as subtle as a sledgehammer!
Give us the gems Tech/a...what are they?
You've gotta expect a serve the way you talk...you are about as subtle as a sledgehammer!
tech/a
No Ordinary Duck
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