Australian (ASX) Stock Market Forum

ESG - Eastern Star Gas

It does look to be running hot, but there will be time for more entries on this over the next couple of months as certification nears.

Chops.
I do agree that there will be time for more entries, but the question is, at what price ? :D ;)
 
Great report out today. But the action at the end of last week almost seemed like inside buying...

Chops, you are right about ESG. Insider trading is forming a pattern with this one. I follow this stock closely daily.

In the days leading up to the Bayswater announcement it moved with big bids lulling in.

Last Friday the big bids came in again - particularly a big one at 39c. It was this bid that moved up at open yesterday to 41.5 and then 15 minutes after open moved up to take their purchase at 42.5c.

A number of big buyers were active again this morning at open with profit takers this evening driving it back to yesterday's close of 44c.

The next few weeks and months should be very interesting.:)
 
Chops, you are right about ESG. Insider trading is forming a pattern with this one. I follow this stock closely daily.

In the days leading up to the Bayswater announcement it moved with big bids lulling in.

Last Friday the big bids came in again - particularly a big one at 39c. It was this bid that moved up at open yesterday to 41.5 and then 15 minutes after open moved up to take their purchase at 42.5c.

A number of big buyers were active again this morning at open with profit takers this evening driving it back to yesterday's close of 44c.

The next few weeks and months should be very interesting.:)

It looks like that whole "insider buying" thing is happening again. Pushing up on low volumes early, but now with bigger bids coming in. Obviously, another announcement is coming soon...
 
It looks like that whole "insider buying" thing is happening again. Pushing up on low volumes early, but now with bigger bids coming in. Obviously, another announcement is coming soon...

Above 45c would be an alltime high closing price and i suspect we may get that 2mrw.
This one range traded a bit between 41c-43c until today.
I suspect this will be start of the next run.
Looks to me like top up time in my opinion...:2twocents
 
t'was a good day for most CSM plays of mine yesterday.

On an individual basis perhaps there is movement at the station. It made (VERY) light work of 44c yesterday. :p:

Let's see if it can make light work of 45c today. Bit of resistance at these levels I feel.
 
It certainly did make mince work of the 45c yesterday morning but then met resistance at this level but only very small volume between 44-45c...time to get a move along .:whip

Sellers are drying up at this level now and I think it is near its next leg up.:)

Slow and steady...
 
Very very tight consolidation - another closing high, this time 45c. Lesser volume yesterday however compared to previous days.

Just having a nice nap yesterday but at the same time reaching a further high :sleeping:

Can feel one of these days coming on very soon:beat:
 
:beat::beat::beat::

Yep, one of those days...


Loving the CSM sector at present......popcorn:
 
Well it took its time i thought last week the breakout but i suspect it will be worth it.

Running on volume now making new highs constantly :cool:

Looks to me like the start of the next run... :2twocents
 
likewise Nizar, only a few days out for a 10% gain.... we certainly can't complain.

A good move by ESG today.:xyxthumbs

48c close.
 
likewise Nizar, only a few days out for a 10% gain.... we certainly can't complain.

A good move by ESG today.:xyxthumbs

48c close.
I've been quiet on this one as it has been overshadowed by some of my other stocks, lol! Not that that is a bad thing!

But surely, this is as bullish as it gets. Stocks closing on their highs, above the previous intraday high, is always a deal sealer for me when it comes to strong breaks. This had decent volume as well (although not as good as previous breakouts). I have been waiting for a signal to pyramid in to this stock, and today certainly gave it off. An open above 48c tomorrow morning will confirm another outstanding breakout for this outstanding stock.

I'll be looking to take some money off the table should this get into the 60s. It's been very good to me.

There looks to be a bit of confluence about 50c, so that is the obvious obstacle and possible open tomorrow. But I think on this run it should get to the high 50s at least... :2twocents
 

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I've been quiet on this one as it has been overshadowed by some of my other stocks, lol! Not that that is a bad thing!

Yep, some of us on here have cleaned up very nicely on our csm plays this year. AOE is making me a killing at present - certainly not a bad thing! Been a bit like this of late with some of my csm stocks!! :jerry

ESG is still my favourite though :1luvu: - I want to watch this stock grow in the next few years.

It's a pity alot of people don't know about the CSM sector at present - easy money. The ride is only just beginning for a lot of these companies.

ESG close of 49c. But yes, Chops, fair bit of resistance at 49c to punch through. Slowly chipping away.:hammer:
 
fair bit of resistance at 49c to punch through. Slowly chipping away.:hammer:

Don't worry about chip away - just do this :rocketwho

50c breached with a close of 51c (intra-day high) and another excellent day's volume of 3.6m shares traded.

Monday should be interesting.:rolleyes:
 
It looks like that whole "insider buying" thing is happening again. Obviously, another announcement is coming soon...

600,000 bid taken at open for .525.......

Worth noting that big bids have historically come in for ESG in the day or days leading up to a market sensitive announcement.;)
 
52c close for this blue sky stock......fairly paltry in comparison to other csm plays today though - Buyers a bit apprehensive at these levels though :couch

I take that back - buying with gusto today. Another 3m volume....

:bier: 54c close - another blue sky close.
 
The tail to 50c and a white candle 2day, looks to me like the start of the next uptrend.

Im gonna top up at 2mrws open.

This one is textbook :D
 
54c close again - very few on offer under 54c today on a down day.

Bodes well if the market can pick itself up and dust itself off. Look for this to go higher has found good support at 50c in past week.;)
 
54c close again - very few on offer under 54c today on a down day.

Bodes well if the market can pick itself up and dust itself off. Look for this to go higher has found good support at 50c in past week.;)

This is gonna run today.
Positive overnight lead, a blue sky close yesterday, and in the right sector.

The sell side is a joke.
 
Going great guns today!!!

Moderate volume with a thinish sell side.

Can it hold above 60c?

Is there an announcement due soon?
 
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