ELD - Elders Limited
- Thread starter etingsoon
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ELD is now a pump & dump target holding for those that are able to pick the ups and downs
laurie
Seems that you are 100% correct.
How do you know these things?
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ELD is now a pump & dump target holding for those that are able to pick the ups and downs
laurie
It seems to be PUMPING again today up 7% on early trade.
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Got on in high 30's so this is a long term for me it seems a take over talk often pops up taking the share price high until the ASX issues a speeding ticket then back down lets see how high this goes to form a new base line price
laurie
It closed 10% higher yesterday, do you think I should jump in or let it come down again?
prawn_86
Mod: Call me Dendrobranchiata
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Tek,
Please note that ASF members are not legally allowed to give financial advice. The decision to buy or sell is yours, if you need guidance i suggest you contact a licensed financial advisor.
Members can post their thoughts, but cannot say "buy" etc
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Thnx Prawn, it is up another 4% I am jumping in.
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Perfect day for day traders high .655 (sold) low .610 (buy) needs positive announcements not just rumors to push over the sp to above .70c
laurie
Thnx Laurie i owe you a beer, I did very good on a day trade.
But I left some in , might jump back in at about 68c.
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Elders has recorded some big losses. I wonder if they can start to pay a dividend by the middle - end of next year (2012).
Thinking about the current impact the weather has had on agriculture on the eastern side of oz and the dry climate in some of the west. I am doubting they will make a dividend in the next few years. I am holding on hoping they will come good.
I have not done much research into there insurance but I am sure that some farmers will be leaning on them in this time of need.
Tryin hard
Thinking about the current impact the weather has had on agriculture on the eastern side of oz and the dry climate in some of the west. I am doubting they will make a dividend in the next few years. I am holding on hoping they will come good.
I have not done much research into there insurance but I am sure that some farmers will be leaning on them in this time of need.
Tryin hard
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Perfect day for day traders high .655 (sold) low .610 (buy) needs positive announcements not just rumors to push over the sp to above .70c
laurie
Hey Laurie, seems to be pumping again up 6% in early trading.
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And another 8% at opening this morning, looks like the pumping has started.
IrishDigger
Australia
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Still no sign of a dividend.
The following is an interesting read,
Click Here To Read Report
I hold a few thousand ELD; no practical financial $ense to it but more for sentimental reasons because of my rural background.
Interesting to follow and I wonder what the future holds for ELD.
Regarding the word 'future' -- I recall reading that Elders intended to sell Futuris but have seen no reports since.
IrishDigger
Australia
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IrishDigger
Australia
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F*^$ all on here by the looks
A blocking stake or a potential takeover by Ruralco? I noticed someone bought a million today and pushed it up another cent to $0.235. A nice profit for the sellers if bought a week ago at $0.19.
I bought a bunch at the equivalent of $2.10 (before the split), held them with my head in the sand, expecting an upward surge to happen just around the next corner until I dimly realised they were worth virtually nothing any more.
prawn_86
Mod: Call me Dendrobranchiata
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Can't say i follow this one much but it seems there has been some potential accounting shenanigans going on:
http://www.abc.net.au/news/2013-11-...y-restructure-and-accounting-troubles/5098714
http://www.abc.net.au/news/2013-11-...y-restructure-and-accounting-troubles/5098714
The 175 year old company has had a fairly tumultuous history since a high of around $27.00 in 2007. Recent reports look as though the newly appointed CEO is starting to steer the company back in the right direction; closing down on the significant debt and consolidating the business back to it's core roots. Is it time to jump in at around 0.12?
