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CNM - Carnegie Corporation

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You have a point doctorj, but lets face it, Alan Burns is a well respected man. Why would he put his reputation on the line making crazy calls like that if it was a load of sh*t?
 
Pure speculation on my behalf as it was when I first started buying. You either believe the story or you dont.

I believe it and it has rewarded well so far. Do I believe the chairman when he says 1b. No - as I dont trust the guy and think he is greedy.

Still believe in the technology however and we are in the right political climate for it - finally. I started buying before the last election hoping that ALP would win and ratify Kyoto. All it means is that it has given me an extra 3 years of accumulation.

Take care.
 
As the Chairman, it's one of his responsibilities to build shareholder wealth.
Oh, maybe his 30,000,000 options might be a bit of a motivator too ;)
Not saying they don't have a lot of potential, I'm just saying that these sort of statements should probably be taken with a pinch of salt.
 
Pure speculation on my behalf as it was when I first started buying. You either believe the story or you dont.

I believe it and it has rewarded well so far. Do I believe the chairman when he says 1b. No - as I dont trust the guy and think he is greedy.

Still believe in the technology however and we are in the right political climate for it - finally. I started buying before the last election hoping that ALP would win and ratify Kyoto. All it means is that it has given me an extra 3 years of accumulation.

Take care.
The technology is still under evaluation isn't it?

If that is the case, then the company could be worth $1b ++, or next to zip.

It may be a risk reward investment right now.

Need some more facts and figures on the wave power thingy I think....

Having said that, I LOVE the potential that these guys may have...

Putting a $$ figure on it is a bit presumptious from what I've read though.

:2twocents
 
Agree - hard to put a dollar figure on it.

Under evaluation - NO. The thing works and I have drank water from the reverse osmosis unit they have set up. Optimising design for efficiency and scale is where they are at.

This will go live sooner rather than later and then the lid will come off. It is the same principle as investing into a mining company that is exploring rather than producing. Higher risk but higher reward once everything sured up.
 
Under evaluation - NO. The thing works and I have drank water from the reverse osmosis unit they have set up. Optimising design for efficiency and scale is where they are at.

Yah. That's what I would have said Kennas.

The WA state government has all but agreed to build one of these plants once it's through the final tests, leaving, and designing space for extra add ons, especially wave power, at the new de-sal plant near Bunbury.

Absolutely laughing here. :D

Might be out and free carrying the shares in profit again tomorrow though.
 
Article in 'The West Australian" newspaper today (13 Dec 2007) on page 58.

Carnegie surges on eve of water deal

Basically states that the spike on tuesday was due to speculation on CNM snaging a contract for a desal project in Binningup.
 
Hi all,

I've been following this stock for a little while but only recently got on at 23c. Does anyone have any more news on Carnegie?
I'm wondering how their projects are going or if there have been any valuation estimates performed

Cheers
 
I am not aware of any valuations going around, I also cannot explain the recent SP movements. Could be rumours about securing a first site, I dont know? Very strange.
 
Increase in share price to 39c, up 27.869%

One of the best movers today.

No recent news I can see.
 
I looked at this one on Moday I think it was, but am very wary about jumping in on stocks that I think might be ready to turn around...boy was I wrong!:banghead:

Now up over 30%!:eek:
Well done to anyone holding this stock.
 
I looked at this one on Moday I think it was, but am very wary about jumping in on stocks that I think might be ready to turn around...boy was I wrong!:banghead:

Now up over 30%!:eek:
Well done to anyone holding this stock.

I almost bought at .305 this morning but like you are wary on a stock with a run like that.

There is just hardly any sell depth at all.

Congrats to all holders and who knows where this one will end.
 
Reason for jump - article in Australian Financial Review last weekend listing them as one of top 10 stocks to buy for 2008.

Plenty of buying Monday and Today. Go CNM.

Long term holder and loving it.
 
Speculation at it's best here..... This thing is going through the stratosphere....

This represents a 1000% return since May.........

Now commanding a 180 Mil market cap, I notice the directors slapped themselves a nice little high five at the latest AGM to the tune of 20 Mil options at 20, 30 and 40 cents.......

Inevitably, this one must retrace, cause it looks like every man, dog and taxi driver has heard about the story now....... ??? Where is the support level from here????

For those of you who caught the ride (and I wasn't, too scared to get in at 20 cents), my hat off to you!

Cheers
 
any ideas what has caused the ramp on cnm and rau today??

Ive made good money on both of them today but cant find any info / repports on why the rise
 
read my post from a few hours ago. This combined with focus on cleantech following Rudd victory, ratification of kyoto and an announcement pending on first CETO site.
 
Reason for jump - article in Australian Financial Review last weekend listing them as one of top 10 stocks to buy for 2008.

Plenty of buying Monday and Today. Go CNM.

Long term holder and loving it.

Could you post this list in the thread on stock picks for 2008 siting reference. Would be very much appreciated!
 
Was recommending Carnegie at 30.5 to a few mates over a beer after work this evening! and then came home and clocked in to E-Trade. I said to the missus there's something wrong here looking at the day's movements..............but there's nothing wrong...........everything is right today!!!!!!!! Go CNM,

Happy New Year to all holders and others of course!!:D
 
SP up 12% at the moment..on the back of announcement regarding the "Sucessful Deployment and Operation of First CETO 2 Wave Energy Unit."
These have had a kicking of late...good news is good news! :)

Good luck to those still riding the waves
 
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