Australian (ASX) Stock Market Forum

HDR - Hardman Resources

Jump to new
Good call JustJohn.
Its funny, some people would have lost thousands on this setback today (sparked by $US strengthening i think) but in the long term you'll look at this little divit in the chart and not think twice about it.
Gold is down another $8
 
Its a little bit of an over dramatised hick up by the media of late. As HDR said. The first estimated cost to the chiguetti project over the life of the project would cost in the range of 0-20 million in total. Thats nothing whenyou look at the bigger picture and the fact that HDR will be generatring very strong cash flows of around 195 million per year if you factor in a $60 oil price.

I think that there will be a share price turn around soon but time will tell.

And first production of CHinguetti oil are on schedule and are not being affected by these minor disputes.
 
My intentions are to buy back into HDR, but not yet!! Concerned for more downside as we had HDR close on daily low yesterday. Oil reserves in the US boosted overnight and down goes the oil price again.
Do agree with others,media has got nothing big to report of late, so lets kick Woodside in the guts which inturn hits the rest of the JV's involved!!
 
As they said, share price still being overshadowed by dispute over contracts. 24th of feb production begins, should be good to see share price response.
 
Still not much action. SP still going sideways, not too many keen investors seem to be jumping in yet. Next week...
 
Price and volume action today is defeating the short term resistance of the last few months.

If this can hold the 2.14 + area then 2.50 - 2.70 should be possible in the next weeks/months.

Standby for chart
 
Chart.
 

Attachments

  • HDR - 20060324.gif
    HDR - 20060324.gif
    57.5 KB · Views: 223
Hi yogi

Does the astro analysis also indicate price targets or is time the parameter?

HDR is at a really interesting longer term juncture. This is potentially the third visit to the 2.40 - 2.50 area and although this weeks trading is about as strong as I've seen since the 2004 run up I am aware that failure at 2.40 2.50 this time could be fatal for this one.

Any thoughts?
 
:)

Hi Dutchy,

HDR ..... price targets on this end agree roughly
with your own, with resistance at previous highs
around 235 and 256, plus a higher target at 3.10 ..... :)

More important is the time axis analysis, which
tells us, that the rough times are definitely not
finished yet ..... see below.

Looking ahead, we may see a quite buoyant HDR,
until the end of May 2006 including, the following
key dates for HDR ...:

30032006 ..... positive spotlight on HDR

14-17042006 ..... minor (finances) ...???

21-24042006 ..... significant and positive news ???

2804-010506 ..... 2 cycles here ... significant and negative??

10052006 ..... significant and negative news

12052006 ..... significant and positive ... finances???

24052006 ..... minor and positive news???

31052006 ..... minor and positive???

..... and this excerpt, taken from our astroanalysis,
posted on 30092005:

From around 07062006-02082006 may be an EXTREMELY
NEGATIVE time for HDR ..... possibly starting at the price
in the other 2 periods, mentioned above and going lower ???

So, instead of a high next August, as we have had in the
previous 2 years .... maybe we should be looking for an
extreme low instead, around 02082006 ..... !~!

-----

..... yeah, yeah, yeah, we'll get all the long -term holders
coming in here now to tip the bucket on us ... but let us
remind them, who posted the June-August rallies and highs
for the past two years, in a row ..... highs that have not
been seen again, since then ... !~!

-----

Maybe HDR is not the glamour stock some would like to
believe ... at least, not until August next year (2006) ..... ???

end quote:

=====

In addition to the above, our additional anlaysis regarding
the critical HDR pivot level at 1.90, is also well documented.

=====

Looking further ahead, after the expected lows in early
August 2006, we should see some significant news, around
17082006 and again, about 21082006 (finance-related???)
..... that should be the start of the good news and the
HDR recovery.

Mid-September 2006 should bring some more good
news/moves and that should continue into October 2006.

Early November 2006 will likely be negative for HDR, but
around 24112006, we should see a continuation of the
recovery .....

..... with the best news being, HDR should be in an
EXTREMELY POSITIVE mode, in early January 2007, until
about 12012006, when we may see some negative (financial?)
news released (???)

=====

So there it is folks ..... a quick overview of HDR, through
until January 2007 ..... :)


happy trading

yogi

P.S. ..... of course, all of the above may be completely wrong,
but let's see how it all unfolds, in the months ahead .....

:)
 
Thanks yogi

That Aug 2006 timeframe for poor news sort of fits with my expectation for this stock to fail, if indeed it does, around the 2.60 ish area.

I'll be sure to take capital back out on the way up.
 
Bit now or neverish for this one this week.

I'm expecting a move to 2.30ish in the next few days to confirm the move of 24/03/06
 

Attachments

  • HDR - 20060404.gif
    HDR - 20060404.gif
    60.8 KB · Views: 179
I love these tenderhooks positions. HDR has always been any easy read. Spent the last week or so stuffing around 2.15 - 2.20 still caught up in the effects on the one day on 24/03/06. The news is positive and the sellers are still prepared to step out before 2.25. Will this one breech 2.25 or drop below 2.00 and take me out?
 

Attachments

  • HDR - 20060406.gif
    HDR - 20060406.gif
    56.6 KB · Views: 158
2.45 ish being approached again. This time the steps are convex. rather than concave which suggests to me that this most recent move has greater initial power than the May - August 2005 period.
 

Attachments

  • HDR - 20060421.gif
    HDR - 20060421.gif
    63 KB · Views: 132
:)

Hi folks,

Sure looks like HDR is trading, according
to the sript, so far ....

..... see post above on 25032006, for
further key dates ahead ..... :)

-----

happy trading

yogi


:)
 
:)

Pivot confirmation time, again ... :)

Hi folks,

HDR ..... nothing has changed for us at all,
so we are still negative until later in the
year, as an overview.

May see a bounce soon, to test the gap around 1.80
&/or that previous pivot around 1.90 ..... ???

Actually, we are just moving into the next period,
where we can look for further confirmation of that
1.90 pivot level.

Four dates to consider this time, will be:

19062006 ..... HDR = 1.90 ???

04072006 ..... HDR = 1.90 ???

28-31072006 ..... HDR = 1.90 ???

(02-07082006 ..... HDR = low and anniversary of 2005 high?)

11-14082006 ..... HDR = 1.90 ???

Note: In May 2006, there were 5 trading days 16-22052006,
where HDR used 1.90 as a pivot level, before falling
further.

..... should add, as per analysis posted previously above,
from the June solstice 21062006 to around 29062006, may
well be a particularly negative period for HDR .....

..... possibly tax selling ???


As indicated in previous analysis, we would expect HDR
to recover in the last few months of 2006 and be firing
on all cylinders, in early 2007 ..... :)

Let's see how all this unfolds.

happy days

yogi

P.S. ..... for more info, check analysis in posts above,
on 25032006 .....

:)
 

Similar threads

R
5 Years of Reflection
Replies
9
Views
6K
Dona Ferentes
Dona Ferentes
darkhorse70
The Beginner Trader's Manual Guide
Replies
9
Views
20K
commoyo
commoyo
Top