This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

The bottom is in!

Jump to new
over9k said:
NTU looks like a good one to throw a 0.031 order at.
Click to expand...
I was thinking the same. It's in a hot sector, which is Rare Earth elements, where share prices in exploration juniors are shooting higher even without an ounce of assets / resources.

NTU actually has a good resource already defined and it's operating at a small pilot plant with plans to scale up to a commercial plant down the track.
 
I'll be watching this one as well. It may pull back a bit more I think. Then I will consider a position...
 
Beaches said:
Leighton is not Perenti. Leighton changed their name to Cimic group.
Perenti was formerly known as Ausdrill Limited

Looks like Perenti might be joining the rally that other mining services companies like EHL and NWH have been on
.
Click to expand...
You got me @Beaches , I posted it out without double checking, oops !

Yes it's the old Ausdrill Ltd.
 
Along this theme I was just reading the Hartleys March preso on Maca (MLD). This one is also suggestive of a significant low, if not a bottom? Although the volume is a bit confusing with the unusual volume heading into the low then tailing off through the rally so far. The bullish hammer-like candle of the low is obvious. I thought about this one but was put off by the deteriorating profit performance over recent years albeit cashflow presents a better picture and has maintained dividends. Think I'll give it a miss and preserve cash though.

Weekly
 
The whole construction sector have been performing poorly with most of the stocks in the dog house. It's funny because there is a lot of construction projects happening around the country.

I thought there was a snout poking out of the dog house, so bought it to the attention of other members.

Another construction stock that could be bottoming out is MWY:
 
@aus_trader You're a bit off your game lately.
MWY exports wood pulp to Japan and China for paper production. I wouldn't put them in the construction sector IMHO.
They're in the forestry destruction business.

This market has me a bit discombobulated as well.
 
Last edited:
You are right @peter2 MWY is a paper pulp company, thank you for correcting that. I got confused with another by the same name:
 
aus_trader said:
Good Old construction company Leighton, now called Perenti looks to have bottomed...

View attachment 127296
Click to expand...
What was interesting is that the price has run ahead of the big "Contract Win" announcement today:


I'd say it's big winning a $280m contract for a ~$600m company. Market is depressed today, so nothing could excite it today, PRN up a measly 1.7%.

I think what's already good looking for this drilling company in terms of valuation and yield, could do better when the new contract is factored in:


Once again apologies for mixing up the former name, I hadn't looked it up properly when I posted last time on the go...
 
Yes good but if tonight sees blood in NY, it will go down with the rest.nevertheless, a good candidate for a btd
 
qldfrog said:
Yes good but if tonight sees blood in NY, it will go down with the rest.nevertheless, a good candidate for a btd
Click to expand...
Don't know how you had a feeling my man, but looks bad in early trade...



Will have to check if it recovers when I wake up in the morning...?
 
aus_trader said:
Don't know how you had a feeling my man, but looks bad in early trade...

View attachment 127593

Will have to check if it recovers when I wake up in the morning...?
Click to expand...
Yeap a look this morning and i hope we have still a few suckers/ gamblers to BTD on the asx today.
The Feds will intervene (sp?) But not looking good.
 
qldfrog said:
Yeap a look this morning and i hope we have still a few suckers/ gamblers to BTD on the asx today.
The Feds will intervene (sp?) But not looking good.
Click to expand...
XAO has recovered fast after a little sell off this morning. So looks like there is some local buying support to backstop any fear coming from Wall St...
 
You must log in or register to reply here.

Similar threads

  • Locked
  • Sticky
February 2025 Stock Tipping Competition Entry Thread!
2 3
Replies
44
Views
2K
farmerge
  • Locked
January 2025 Stock Tipping Competition Entry Thread!
2 3 4
Replies
63
Views
4K
Joe Blow
  • Locked
November 2024 Stock Tipping Competition Entry Thread!
2
Replies
27
Views
2K
Garpal Gumnut
January 2025 Stock Competition Entries!
3 4 5
Replies
96
Views
5K
Joe Blow
  • Locked
October 2024 Stock Tipping Competition Entry Thread!
2
Replies
35
Views
3K
frugal.rock
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...