RPT - Redport Limited

[Porper]

Re: RPT - Redport Limited FPO

Hi Laurie,

Most of the analysts look at a stock's potential and build a price to the future growth of a company. I find it a very encouraging sign whenever I see a smaller stock honour the 200dEMA. This appears to have just happened to RPT. Overall, most speccie companies don't react to this EMA.

...and of course, the chart!!

I am not contradicting you Ann, but the tools we use are all subjective.

Using anything other than a 200 day MA wouldn't make the chart look quite so good.I use ADX crossovers as part of my scans and this is why RPT came up.Totally agree most indicators are looking better, but the lack of volume would stop me buying in yet.

 

[Ann]

Re: RPT - Redport Limited FPO

I am not contradicting you Ann, but the tools we use are all subjective.

Using anything other than a 200 day MA wouldn't make the chart look quite so good.I use ADX crossovers as part of my scans and this is why RPT came up.Totally agree most indicators are looking better, but the lack of volume would stop me buying in yet.

Hi Porper,

I agree about tools being subjective, in fact I feel charting is an extremely subjective tool in itself. I can take a chart and with a few strategically placed lines and certain indicators, I can make it look as though it is the worst dog stock or the biggest potential bargain in the world!

The reason I choose to view Australian stocks with the 200dEMA is because this is with which the All Ordinaries XAO reacts the best. To me it is the main support line valued by institutions and traders. Volume will only happen after the stock has taken off. At this stage of the stocks life, I would have expected the majority of the funds and institutions would well and truly be in, so no volume spikes are likely.

 

[Porper]

Re: RPT - Redport Limited FPO

Hi Porper,

I agree about tools being subjective, in fact I feel charting is an extremely subjective tool in itself. I can take a chart and with a few strategically placed lines and certain indicators, I can make it look as though it is the worst dog stock or the biggest potential bargain in the world!

The reason I choose to view Australian stocks with the 200dEMA is because this is with which the All Ordinaries XAO reacts the best. To me it is the main support line valued by institutions and traders. Volume will only happen after the stock has taken off. At this stage of the stocks life, I would have expected the majority of the funds and institutions would well and truly be in, so no volume spikes are likely.

Thanks for your explanation Ann, I am pretty new to charting so your explanation is appreciated.

I understand that your aim (If you were to buy RPT) is to get in before the rise in volume, and subsequently the rise in price.I am a bit more defensive in that I don't mind losing a part of the trend if I get the confirmation first.Each to their own though.

As you say, a very subjective subject and as you know it isn't the tools that maketh the money,( A quote from Nick Radge's new book) it is managing the trade itself.I think a lot of people on ASF will learn something from your charts.

 

[Ann]

Re: RPT - Redport Limited FPO

I understand that your aim (If you were to buy RPT) is to get in before the rise in volume, and subsequently the rise in price.I am a bit more defensive in that I don't mind losing a part of the trend if I get the confirmation first.Each to their own though.

Hi Porper,

Please don't misunderstand me. I am not suggesting a particular entry point. I like to wait for confirmation of trend continuation as you have suggested. Having said that, I don't buy mining stocks so I wouldn't enter at any point!

Best
Ann

 

[laurie]

Re: RPT - Redport Limited FPO

Maybe Mr Gallop the W.A. Premier is buying RPT shares....

cheers laurie

 

[laurie]

Re: RPT - Redport Limited FPO

I don't buy mining stocks so I wouldn't enter at any point!

Best
Ann

Why is that ann??

cheers laurie

 

[Ann]

Re: RPT - Redport Limited FPO

Oh dear Laurie,

Trust you to ask the hard questions......

If I answered, the greeny in me might start ooooozing out! Not a pretty sight. Can get a bit shrill. Didn't you notice my tirade about Uranium on the Uranium thread a few posts from the beginning on {shares.com.au} shhhh, that's naughty to flick people to another forum...still you live at Shares sometimes, don't you sweetheart? As do a lot of the people who post here. They just use different names.

Ann

PS Go on Aussiestock Mods, feel free to flick a post of mine sooner or later!!! I promise I will keep posting here,even if you do. There is a prat in the ether who would probably say I am an exhibitionist, not true. I just want to share what I find with as many people as I can. I just don't have the time to regurgitate everything I write elsewhere.

 

[RichKid]

Re: RPT - Redport Limited FPO

Oh dear Laurie,

Trust you to ask the hard questions......

If I answered, the greeny in me might start ooooozing out! Not a pretty sight. Can get a bit shrill. Didn't you notice my tirade about Uranium on the Uranium thread a few posts from the beginning on {shares.com.au} shhhh, that's naughty to flick people to another forum...still you live at Shares sometimes, don't you sweetheart? As do a lot of the people who post here. They just use different names.

Ann

PS Go on Aussiestock Mods, feel free to flick a post of mine sooner or later!!! I promise I will keep posting here,even if you do. There is a prat in the ether who would probably say I am an exhibitionist, not true. I just want to share what I find with as many people as I can. I just don't have the time to regurgitate everything I write elsewhere.

Ann,
I'm afraid the posting guidelines and code of conduct apply equally to all and we don't encourage people to link to competing forums except in rare instances. Most people accept that as good form so it's best if you cut and paste your comments if they are exactly on point, otherwise a fresh post would be appreciated. Just for the record, ASF has nothing against people reading and posting on other forums- we encourage free speech but we'd like to exist as an independent forum rather than a collection of links to other forums or a patchwork of rehashed quotes or conversations. I trust you will understand as you appear to be an experienced poster.

 

[laurie]

Re: RPT - Redport Limited FPO

Oh dear Laurie,

Trust you to ask the hard questions......

If I answered, the greeny in me might start ooooozing out! Not a pretty sight. Can get a bit shrill. [/SIZE]

Had an idea that was the case but I respect you ann for still giving an honest opinion when you do charts for those stocks

cheers laurie

 

[laurie]

Re: RPT - Redport Limited FPO

Hmmmm seems my last post was deleted.......would like to know why :swear:

cheers laurie

 

[Ann]

Re: RPT - Redport Limited FPO

Because Laurie, I suggested some of the posts were not relevent to the thread and I guess management agreed.

I think your last one just got sucked up in the vacuum cleaner at the same time!!!

Sorry about that but I saw it and you were very sweet and gallant

Ann

 

[laurie]

Re: RPT - Redport Limited FPO

Fair enough.....on with the show it's another year

cheers laurie

 

[laurie]

Re: RPT - Redport Limited FPO

Breaking news Geoff Gallop has resign as W.A. premier while the reason is a health matter its a 50:50 bet which way the replacement treats Uranium mining!

cheers laurie

 

[chansw]

Re: RPT - Redport Limited FPO

Breaking news Geoff Gallop has resign as W.A. premier while the reason is a health matter its a 50:50 bet which way the replacement treats Uranium mining!

cheers laurie

I think the uranium ban in WA is the ALP policy (I believe that applies to a few other states as well), not just Geoff Gallop himself. Don't get excited yet.

 

[BraceFace]

Re: RPT - Redport Limited FPO

Laurie, pigs might fly south for winter before a ban on Uranium mining is lifted in WA.
I doubt there is a single politician from any party over here with gonads large enough to stand up and say "Nuclear energy is the way of the future" - Particularly when WA continues to be a huge producer of other carbon based energy sources. The Libs have reluctantly hinted at it, but talk is cheap.
Unfortunately the minute you mention Uraniun mining, many emotive and essentially non-relevant issues are brought into the agenda and the green movement usually prevails. Think Chernobyl, think nuclear weapons proliferation, think terrorism - on it goes. Yada Yada Yada....
Also, in view of our federal government's non-cooperative stance on the Kyoto Protocol (ie they believe it is our best interests to keep burning fossil fuels instead of ultilizing other non-greenhouse energy sources) - I doubt nuclear energy will seriously be on the feds agenda in the forseeable future.

Now it would be a tad hypocritical to sell uranium overseas in massive quantities when Australia refuses to utilize this energy source wouldn't it?
Not to mention our flat out refusal to accept nuclear waste, despite our extremely ideal geo-physical conditions.

Uranium is, and will continue to be a red herring in this country (at least until one of those well-endowed politicians steps up to the plate!)

 

[Ann]

Re: RPT - Redport Limited FPO

Hi BraceFace,

It sounds like you have been reading me on the other forum [which may not be mentioned] I named a few posts back on this thread.

You didn't read far enough back into the thread about accepting Nuclear waste. It's old news now but I will catch you guys up on it here.

NT nuclear waste dump gets thumbs up
Date: 29/11/05



The Northern Territory will be forced to accept a nuclear waste dump after a government-dominated Senate committee recommended it go ahead.

After just one day of public hearings, a Senate committee majority has backed the government's plans to override NT laws preventing a radioactive waste dump there.

The Commonwealth Radioactive Waste Management Bill 2005 and the Commonwealth Radioactive Waste Management (Related Amendments) Bill 2005 give the federal government sweeping powers to override a range of laws, including any passed by the NT government that might frustrate the project.

Despite opposition from Aboriginal land owners, the NT government, environment groups and Labor, the laws look set to pass the Senate before the end of the year.



Balance of article at this link......

http://seven.com.au/news/nationalnews/124966

 

[laurie]

Re: RPT - Redport Limited FPO

Despite opposition from Aboriginal land owners, the NT government, environment groups and Labor, the laws look set to pass the Senate before the end of the year.

And if Labor was in power in the same position as the present Goverment it will read

Despite opposition from the Federal Liberal Party,NT Country Liberal Party,Mining Council Of Australia the laws are set to pass the Senate as the nuclear waste dump is outside the Labor "3 Hole Policy"

cheers laurie

 

[BraceFace]

Re: RPT - Redport Limited FPO

Hi BraceFace,

It sounds like you have been reading me on the other forum [which may not be mentioned] I named a few posts back on this thread.

You didn't read far enough back into the thread about accepting Nuclear waste. It's old news now but I will catch you guys up on it here.

Don't flatter yourself Ann.

My postings are my own personal opinions/ideas, not regurgitations of anyone else's.
For the record, I havent even visited the other forum you mentioned. Why would I?
Like my signature says, everyone has an opinion. Sometimes people's opinions actually agree.

If you feel that information you have posted elsewhere is applicable on this forum, perhaps you should take the time to post it over here as well. Do us all a favour.

 

[Ann]

Re: RPT - Redport Limited FPO

Sorry BraceFace,

From your reaction you must have thought I sounded 'uppy'. It was only last night I was doing my greeny carry on and you appeared to be quoting all my points against Uranium from that particular thread.

I had meant my comment in good nature, thinking you were having a good natured go at my greeny comments related to that thread. Obviously I was terribly mistaken going by your reaction.

I think each Forum has its particular character and strengths. I have actually shared some 'common information' with this forum as in Miners who are mining for Magnesium and Nickel. Both threads appeared to be completely ignored and have since been crushed to death under the weight of other threads.

I am unable to transplant six months of information including a long list of miners as a lot of the market capitalization would be slightly out of date and it is a mind blowing task pulling all that sort of information together.

I have noticed the most successful traders try to make the rounds of the good forums picking up the best information.

I merely thought you could have been one of these informed traders....there you go. Wrong again.

 

[BraceFace]

Re: RPT - Redport Limited FPO

Sorry BraceFace,

From your reaction you must have thought I sounded 'uppy'. It was only last night I was doing my greeny carry on and you appeared to be quoting all my points against Uranium from that particular thread.

No worries Ann, apology accepted!

I don't really consider myself a "trader" as such (although I do some speculating on the side). I am an interested bystander who takes a longer term view on share investments.I try to focus on this forum as it seems very solid with little ramping. I try to do my own research rather than relying on others opinions.

I am particularly interested in the Uranium issue and I personally believe there are more "pros" then "cons" when comparing it as an energy source versus non-sustainable fossil fuels.

The West Australian newspaper today actually ran an article suggesting that the Uranium mining ban could be lifted now a change of ALP leader is imminent. I just can't see it happening in WA (WA = Wait Awhile).
Even with Dr Gallop off the scene.....

I hope they arent that short-sighted and prove me wrong.

If they do lift the ban, Redport, and Paladin and other Uranium companies will go through the roof. Watch CUY - if the Uranium mining issue spins around again .

In the mean time I think I'll invest my dirty money in dirty coal and dirty oil companies (Ive already made a squid on WPL)

As Yogi says

Happy Days..