Australian (ASX) Stock Market Forum

EHL - Emeco Holdings

this stock has doubled in the last couple of months. would like any opinions on
it ?

was a holder a while back, not at present, seems to be gaining pace

jc
 
With the Mining industry rising from the doldrums - maybe a predator sees EHL as a likely beneficiary . After a fall from $2-00 down to just 20 cents I could'nt resist a punt when the stock passed up thru its 15 and 30 day M.A.s
Should have sold everything including the house, and put the lot into EHL.
It sure is nice to have a decent win occasionally:).
 
now in a trading halt, i guess all will come to light soon, one would imagine
something good ?

j c

Jonny Cage


Bell recommended this as a BUY. But I was resisting as I do not trust BPS. THen I read your post today, looked in to previous trades and today's .

It was too late by that time I made up my mind - trading halt happened

My guess is the price will be much higher :banghead:

Must be something positive happening

DNH
 
Jonny Cage


Bell recommended this as a BUY. But I was resisting as I do not trust BPS. THen I read your post today, looked in to previous trades and today's .

It was too late by that time I made up my mind - trading halt happened

My guess is the price will be much higher :banghead:

Must be something positive happening

DNH


that makes us both mate, i missed out, was tracking earlier in the week when
it broke 50cents to 60cents, then missed the boat all together

will keep a close eye on it though

jc
 
Looks like the company is going to be 100% bought out. Don't know the buyer yet, it is going through a finance firm to hide behind.
But it was pulled off so well and it seems to have the markings of one of the big mining firms.

So before the mining comes roaring back, the miners are trying to vertically integrate other firms.
 
Looks like the company is going to be 100% bought out. Don't know the buyer yet, it is going through a finance firm to hide behind.
But it was pulled off so well and it seems to have the markings of one of the big mining firms.

So before the mining comes roaring back, the miners are trying to vertically integrate other firms.

PJ are you an MBA ? This jargon of vertical integration normally comes people who deal in this subject. Just curious

Besides that I missed EHL but eyeing to see what is being cooked and surely some company or construction company probably acquiring this under the cloud of a financial company

My random guess is LEI - just guess and seeing the value addition of its business
 
PJ are you an MBA ? This jargon of vertical integration normally comes people who deal in this subject. Just curious

Besides that I missed EHL but eyeing to see what is being cooked and surely some company or construction company probably acquiring this under the cloud of a financial company

My random guess is LEI - just guess and seeing the value addition of its business

MBA! No, just did economics in high school and remember vertical and horizontal integration.
Price has gone from below .40c to above .80c in the last few months...it's at .77c now. The company has seems to have most of its interests overseas, so yeah, my guess that it was one of the miners here doesn't seem right. They still have not revealed themselves.
 
More BUY recomendations (Porter Capital) & now they have a new CEO.
Chart looks good = in @ .855 hoping for more up spikes but a steady rise like july to aug would be nice too ;)
ehl_ax11may09_to_20nov09.png
Of cause it would have been nice to be in at half the current sp but that gos same for most of the stock market :banghead:
 
Southern Cross equities also rated EHL a buy recently.

Disc: I have a fairly large holding, and it's done very well for me :D
 
More BUY recomendations (Porter Capital) & now they have a new CEO.
Chart looks good = in @ .855 hoping for more up spikes but a steady rise like july to aug would be nice too ;)
View attachment 34505
Of cause it would have been nice to be in at half the current sp but that gos same for most of the stock market :banghead:

The chart looks to me like a gap fill and false break above $0.9. Need to hold 70c. Watch out some new CEOs like to get rid of some dirty laundry .. let's see what the update is like on 18/11 at their AGM.
 
Any news allready about Emeco and how they see their European and USA Future ?
I missed the meeting of the 18th. Looks like they are getting back from their global adventure.
 
Low volume today, but something (and my scan ;) ) tells me EHL could be watch-worthy.

EHL 06-08-12.gif
 
Been on the lookout for double bottoms (circled).

Here's a nice clean one on EHL. Sitting on its neckline right now. Until close, the target is unknown, but prob in the low 80's. If that's the case it should then close at 74 or higher. I'd be in if I had some spare moola. Maybe you can trade it.
 

Attachments

  • EHL.jpg
    EHL.jpg
    102.8 KB · Views: 15
Support and Trend Reversal at last!
After trading the early swings, I took profit too early; should I have chased this morning's gap-up? :confused:

EHL w 23-10-13.gif

Probably better to look for a retracement, then buy with a longer-term outlook.
 
A breakout was on the cards. This was the chart as at yesterday's close.

Cheers
Country Lad

ehl 23 Oct 13.gif
 
Congratulations Country Lad on finding another winner - up just over 20% the past couple of days.

Are you sure you haven't found the "Holy Grail"?

Do you buy & sell your stocks using just the P&F chart?

Thanking you in advance of your reply.

Regards
PB
 
The break at open where it gapped up to open at 29.5 was a trigger. I like symmetry in P&F charts because sometimes the other half progresses nicely.

IF EHL goes on with it there will be a slight chance that the upward leg will somewhat mirror the down leg with congestion areas at similar price points. Greater chance will be that the symmetry will not continue, however I will ride it until the chart breaks down.

PB, not necessarily just the P&F, these just show the patterns either starting or ending. Often the other indicators I mentioned in the P&F thread somewhere will get me in or out just as quick, particularly if market sentiment is changing against the trade. It is not unusual for a quick trade to become a longer term one as EHL may be if it continues to maintain symmetry.

Cheers
Country Lad

ehl 24 Oct 13.gif
 
The break at open where it gapped up to open at 29.5 was a trigger. I like symmetry in P&F charts because sometimes the other half progresses nicely.

IF EHL goes on with it there will be a slight chance that the upward leg will somewhat mirror the down leg with congestion areas at similar price points. Greater chance will be that the symmetry will not continue, however I will ride it until the chart breaks down.

PB, not necessarily just the P&F, these just show the patterns either starting or ending. Often the other indicators I mentioned in the P&F thread somewhere will get me in or out just as quick, particularly if market sentiment is changing against the trade. It is not unusual for a quick trade to become a longer term one as EHL may be if it continues to maintain symmetry.

Cheers
Country Lad

View attachment 54912

Thank you CL for sharing your views with us.

Regards
PB
 
Massive downtrend so caution required...but...

Head & Shoulders pattern triggered and now testing the neckline of that pattern on low volume.

Next move needs to be up or likely going to embark on a larger basing pattern.
 

Attachments

  • EHL.jpg
    EHL.jpg
    85.9 KB · Views: 9
Top