CWY - Cleanaway Waste Management

Chief Wigam · 26 October 2006

Re: TPI - Transpacific Industries

It could get there sooner rather than later. There appears to be a seller at 8.20 roadblocking, but finding enough buyers. It wants to push higher...need to get him out of the way first. :rocketwho

Chief Wigam · 1 November 2006

Re: TPI - Transpacific Industries

Bought some more at 8.00 today

Chief Wigam · 7 November 2006

Re: TPI - Transpacific Industries

Sold out at 8.20 today. I was getting too impatient with the stubborn seller at 8.20.

Chief Wigam · 15 November 2006

Re: TPI - Transpacific Industries

Bought back in at 7.99 but sold out today at 8.34

Interesting day tomorrow.

Chief Wigam · 2 January 2007

Re: TPI - Transpacific Industries

Oh well I missed the run from 8.34, but finally bought back in today at 9.41. Most of what is known to the market has been known for some time and yet the sp still edges higher. I can't see much down side from here and it should quickly test all time highs again.

michael_selway · 2 January 2007

Re: TPI - Transpacific Industries

Chief Wigam said:
Oh well I missed the run from 8.34, but finally bought back in today at 9.41. Most of what is known to the market has been known for some time and yet the sp still edges higher. I can't see much down side from here and it should quickly test all time highs again.

hm are you sure dude? $10 is pretty strong resistance one would think imo

High foward PE at $9.41?

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 22.6 39.5 47.9 54.1
DPS 9.3 15.8 21.0 25.0

EPS(c) PE Growth
Year Ending 30-06-07 39.5 24.2 74.9%
Year Ending 30-06-08 47.9 19.9 21.3%

thx

MS

Chief Wigam · 3 January 2007

Re: TPI - Transpacific Industries

Michael,

The only reason sp fell back from it's all time highs was due to the disappointment of Transpacific's failure earlier this year to buy rival Cleanaway.

It will more than make up for it with other acquisitions.

The industry is ripe for consolidation and the owner and Board are aggressive.

Some money has been taken off the table yesterday and I suspect today, possibly due to people needing funds to buy into resource stocks which are doing very well this week.

Chief Wigam · 8 February 2007

Re: TPI - Transpacific Industries

Man I am surprised there is not more commentary about this stock. A good run of late.

I am still holding from my last purchase and happy to hold until the technicals change. Is there any one out there still following?

Chief Wigam · 24 March 2007

Re: TPI - Transpacific Industries

A leading Chartist with regular newsletter has an upside target price out on this stock at $12-$12.50.

Brokers remain bullish on it too.

I doubled up at 10.04 last week and still hold my earlier parcel from 9.41.

TheRage · 24 March 2007

Re: TPI - Transpacific Industries

Chief Wigam said:
Man I am surprised there is not more commentary about this stock. A good run of late.

It's not a uranium or gold share with little chance of going to production . I have my eye on TPI and number of other industrials. I am patiently waiting for interest to creep back into these areas.

Chief Wigam · 28 April 2007

Re: TPI - Transpacific Industries

Rage, did you decide to buy?

Technical target of between 12 - 12.50 has been reached.
Where to from here?

Chief Wigam · 10 May 2007

Re: TPI - Transpacific Industries

Well I sold everything at 12.887 average, last Thu/Fri expecting a correction. Will be watching closely tomorrow.

:millhouse

muddywaters · 15 May 2007

Re: TPI - Transpacific Industries

Tpi halt today and BIS Cleanaway's notes (BCY) in halt within a few minutes.

Hmmm.

Any idea which way this will go anyone?

Chief Wigam · 21 June 2007

Re: TPI - Transpacific Industries

Interesting time for the chart of TPI.
I suspect fund managers will buy in prior to June 30 to window dress.

Chief Wigam · 30 July 2007

Re: TPI - Transpacific Industries

Great time to top up.

Unfortunately I bought more on Thursday at 13.75 - got my timing all wrong.

Will just have to see the day out tomorrow now as I have no more funds.

Still holding earlier parcel i got for 13.46 a couple of weeks back.

Now my biggest holding.

Chief Wigam · 29 September 2007

Re: TPI - Transpacific Industries

Article on 26 Sep in The Australian

TRANSPACIFIC Industries' stock price fell 3 per cent to $11.04 yesterday, which is the natural result when the buyer who accounted for some 52 per cent of the volume in the past week was absent.

The buyer, as noted yesterday, was company boss Terry Peabody, who picked up about $38 million worth of stock, because he thought it was ridiculously cheap.

Next month, Peabody will travel to the US as part of the planned roadshow to sell some $400 million in equity to US investors in a private placement.

But for the cynics who were tipping another share issue, Peabody confided to this column yesterday "there will be no new equity issue this year or next unless we have another big acquisition".

As for the $2 billion in debt to roll over in December, the company will wait until then to avoid the increased funding costs, which will add some $14 million to the interest bill, with the spread over Libor to increase 30 to 100 basis points.

Looking forward to the road show.

michael_selway · 29 September 2007

Re: TPI - Transpacific Industries

Chief Wigam said:
Article on 26 Sep in The Australian

TRANSPACIFIC Industries' stock price fell 3 per cent to $11.04 yesterday, which is the natural result when the buyer who accounted for some 52 per cent of the volume in the past week was absent.

The buyer, as noted yesterday, was company boss Terry Peabody, who picked up about $38 million worth of stock, because he thought it was ridiculously cheap.

Next month, Peabody will travel to the US as part of the planned roadshow to sell some $400 million in equity to US investors in a private placement.

But for the cynics who were tipping another share issue, Peabody confided to this column yesterday "there will be no new equity issue this year or next unless we have another big acquisition".

As for the $2 billion in debt to roll over in December, the company will wait until then to avoid the increased funding costs, which will add some $14 million to the interest bill, with the spread over Libor to increase 30 to 100 basis points.

Looking forward to the road show.

They have a lot of debt?

Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS 41.4 60.7 71.1 78.0
DPS 11.7 19.0 23.0 28.0

thx

MS

Chief Wigam · 15 October 2007

Re: TPI - Transpacific Industries

Well I sold out last week at 11.13 for better opportunities.
I think the US market is heading for a correction, or at least due for one.
I don't want to be left holding the bag.
Peabody's buying has dried up.
Share price won't do much in the short term anyway, at least not until they get the debt levels manageable. Peabody buying doesn't mean there will be price appreciation in the short term. He is a long term investor and was working on these deals for 10 years prior to floating half the company.
I just think parking money into TPI at this time, isn't smart. As I said there are stacks of resource companies with huge upside that just can't be ignored.

hypnotic · 15 October 2007

Re: TPI - Transpacific Industries

Chief Wigam said:
Well I sold out last week at 11.13 for better opportunities.
I think the US market is heading for a correction, or at least due for one.
I don't want to be left holding the bag.
Peabody's buying has dried up.
Share price won't do much in the short term anyway, at least not until they get the debt levels manageable. Peabody buying doesn't mean there will be price appreciation in the short term. He is a long term investor and was working on these deals for 10 years prior to floating half the company.
I just think parking money into TPI at this time, isn't smart. As I said there are stacks of resource companies with huge upside that just can't be ignored.

Here is what i feel about the company,

1. Well Chairman bought $45m of shares i believe this is exceptionally cheap, i don't think he would be buyign $45mil in hope to lose it right?? In the short term we may not see any difference but medium - long term we might see something significant.

2. The takeover of Cleanaway makes them a dominate player in the game and i am sure there will be streamlined too with good synergies, cost savings and market power.

3. The major shareholders are are huge with Tandom Pty Ltd with 19.5%, Brenzil Pty Ltd 17.93%, and Filmore Ltd with 10.46%, looks like some people really like the company

4. Technically TPI is looking pretty good, MACD is heading up since mid Aug and has just crossed the 0. Got some good volume lately especially the flay break on the 24th Sep, pretty bullish sign. Up 1% edging to breakout of $11.50 ressitance.

They are my thoughts only.

Anyone have any other thoughts technically??

Hypnotic

muddywaters · 16 October 2007

Re: TPI - Transpacific Industries

Hypnotic, you p[osted "3. The major shareholders are are huge with Tandom Pty Ltd with 19.5%, Brenzil Pty Ltd 17.93%, and Filmore Ltd with 10.46%, looks like some people really like the company"

These are all Peabod companies. See latest 3b for confirmation.

CWY - Cleanaway Waste Management

Chief Wigam

Chief Wigam

Chief Wigam

Chief Wigam

Chief Wigam

michael_selway

Coal & Phosphate, thats it!

Chief Wigam

Chief Wigam

Chief Wigam

TheRage

Chief Wigam

Chief Wigam

muddywaters

Muddywaters

Chief Wigam

Chief Wigam

Chief Wigam

michael_selway

Coal & Phosphate, thats it!

Chief Wigam

hypnotic

muddywaters

Muddywaters

Similar threads

CWY - Cleanaway Waste Management

Coal & Phosphate, thats it!

Muddywaters

Coal & Phosphate, thats it!

Muddywaters

Similar threads

Privacy & Transparency

Privacy & Transparency