LVL - LV Living

[krisbarry]

Ohh well thats your opinion

 

[havingfun]

Ohh well thats your opinion

Look dont get me wrong,but they deserve every bit of criticism they get[even you couldnt argue that] ,I hope they have got their act together,finally.
On a positive note the option looks strong

 

[krisbarry]

Yes I am in the options (LVLO) at the moment and are very happy with the upwards movement. Plenty of play over the past few weeks.

I am also quite happy with todays announcements, especially the quick construction of housing for the mining boom

 

[havingfun]

Yes I am in the options (LVLO) at the moment and are very happy with the upwards movement. Plenty of play over the past few weeks.

I am also quite happy with todays announcements, especially the quick construction of housing for the mining boom

Which is good,by all reports the mining boom still has plenty of legs

 

[krisbarry]

8 to 10 weeks to build a home

I reckon the most significant part of LVL's latest report is partnership with FHT to build homes that take 8-10 weeks to construct.

This quick housing is just the answer for LVL, it will bring in quick profits with low risk as described in the report.

The mining boom is far from over, many suggest its just getting started.

Plenty of new mines around Australia are opening, or expanding.

Housing is in short supply and qualified trades people to build homes is also very rare which makes this style of housing very affordable, and efficent.

 

[krisbarry]

2 Month Candle Chart of LVL

 

[michael_selway]

2 Month Candle Chart of LVL

will MFS takeover these guys like they did for TLC and PLF?

Date: 25/8/2006
Author: Anthony Klan
Source: The Australian --- Page: 22
MFS has delivered a strong profit and is determined to join Australia's elite 200 listed companies by the end of 2006-07. The property investment and fund management group achieved a net profit of $A97.4m for 2005-06, up from a small loss in the previous year. Funds under management reached $A2.96bn. In August 2006 it acquired the Australasian management rights business of Outrigger Enterprises Group, and raised its stake in Tourism Hotels & Leisure above the compulsory acquisition mark. As well as joining the S&P/ASX 200 index, MFS's plans for the coming year include raising funds under management to $A4bn, and founding an offshore fund management business

thx

MS

 

[krisbarry]

I am unsure, but it would be nice.

Just imagine what this will do to the share price.

 

[michael_selway]

I am unsure, but it would be nice.

Just imagine what this will do to the share price.

But the thing is, when is LVL forecast to be profitable (if ever)?

thx

MS

 

[krisbarry]

Read the latest announcements and your question will be answered.

Also note the 1 off payment expected later this year if all goes to plan

 

[krisbarry]

If CLF buy out the 40% ownership of LVL's 51% of Rewards Corp, then CLF hand over $2.4 million to LVL, thats the 1 off payment expected later this year subject to due diligence

 

[krisbarry]

LVL is keeping their Seetek Building System very secretive but what I do know is they plan to sell in Queensland, Western Australia and South Australia, LVL have no plans to service the other states at this stage.

 

[havingfun]

LVL is keeping their Seetek Building System very secretive but what I do know is they plan to sell in Queensland, Western Australia and South Australia, LVL have no plans to service the other states at this stage.

Long gone, sold various from 4.8 down to 3.6...good luck

 

[krisbarry]

Word just in...

6PR radio this morning Allanah Mctiernin said "in discussions with an eastern states company regarding the shortage of housing in mining towns in WA regarding their new product"

This to me clearly sounds like LVL

(Post: from a member on another forum)

 

[krisbarry]

Cup and Handle Forming

Looks like a good sign for upward movement

 

[krisbarry]

The good old 'cup and handle' technique is certainly working, LVL up another 10% today.

 

[watsonc]

I'm not sure if there is any life left in this stock!

 

[krisbarry]

What makes you say that?

I thought if anything there is now a renewed lease on life with LVL moving into the mining industry

 

[krisbarry]

Cannot argue with todays performance of LVL, it was brilliant.

Broke a major resistance line!

Yes the 'CUP and HANDLE' theory is working to a tea!

 

[krisbarry]

Update: Chart

Also note: Friday closed at 5 cents, with upbidding currently at 5.1 cents, and high volume of 2,323,339 shares traded.