Which Stocks are on your Watchlist...

[GreatPig]

I'm currently looking for longer-term buys for investment purposes rather than trading (at the moment I'm buying in an investment trust which I don't want to be classed as a trading business) and, amongst others, am watching the following for a possible entry point:

BLD
CML
MCP
NCM
QBE
RDF
WPL

Woodside is reasonable for my purposes right now, but I primarily haven't bought it yet because my portfolio is already a bit heavy on energy stocks.

Boral I'm watching channel back down to the major trend line and am looking for a significant top-side break from the channel before it hits the main trend. It's already showing signs of doing this, so it could be a buy for me very soon.

Most of the others I'm looking for a return to near the main trend line before buying them. Some are close already, like CML, but I want to wait until they're heading up again in case they just keep on falling through the main trend.

As well as the above stocks, I have a whole lot more I'm watching as well. Some are cheaper, riskier stocks that I would buy in smaller quantities, but for my purposes in this situation, I'm primarily looking for established major up-trends and stocks currently trading close to the trend line (wherever I decide that is).

Cheers,
GP


Note: the above is purely for informational purposes only and should not be construed as any type of advice. I don't currently hold any of the stocks mentioned.

 

[JetDollars]

Thanks Tech/a.

Currently still holding WMR Mar'05 $7.25 Call and expecting WMR trading sideway until Mid'Jan'05 where the expectation of the new bid from Xstrata.

I was expecting the good new from OST after the furnish blash in Whyalla, but it does not come through and currenly still holding OST May'05 $2.50 Call.

GreatPig,

I find WPL a good buy and bought WPL Mar'05 Call last week.

 

[GreatPig]

JetDollars,

I'm not looking at buying options yet - just shares. I'm going to start buying more in January and may well buy WPL then, provided nothing major happens to it before then.

Cheers,
GP

 

[still_in_school]

Hi Jetdollars,

ive sold my position out, on WPL February calls, but the reason being also, ive left my profit now only at risk (profit is still on the table), though, WPL seems to have a pullback, along its uptrend channel around the $20.00 mark, though watch WPL at these levels, (primary trend is still long), if the $20.00 level can be breached, expect some quick short bullish action from WPL.

Cheers,
sis

 

[JetDollars]

SIS,

Glad to hear from you, it's been a while. I am sure you are doing well with your options and stocks.

I am still testing my system for consistance profit and adjusting it if I need too and hopefully will come up with a system with consistant profit in the future.

 

[chicken]

chicken says check out
OSH...OILSEARCH $1.80
ZFX...Zinifex $2.34 Those are 2 of my watchlist...bpc..burns philp as well at 88c...do your research chicken :sheep:

 

[DRUGGIST]

AWP a great future as a generic medicine manufacturer.

ETC better market penetration for video on demand in hotels

PSD biosilicon, about to be listed on NASDAQ then watch it fly.

BQT the world is going to need biometric technology

MUL because everyone is allowed one mistake that they hang on to for too long. If it comes good then no capital gains tax for me for some time.


Any thoughts?
Druggist

 

[krisbarry]

LVL - 100% takeover of Oxford Crest - MID MAY 2005 - BUY NOW!!!!!
RRS - 2ND. Drilling Campaign to start in April 2005 - BUY NOW!!!

 

[canny]

Loads on different watchlists - different 'labels' - e.g.industry sectors
but I think the ones to really watch if you like the junior oiler speccies are NEO
OPL
FAR
SUR
NDO

retail
JBH

 

[moneymajix]

After NDO copped a speeding ticket yesterday when most stocks were red ,

I would have to say I am looking at NDO!

As well as, their JV partner in the Phillipines, YGL. YGL share price went negative yesterday.


Neither of these stocks seem to get much attention on this forum.

I'd be interested hear others thoughts.


LOL.

 

[hangseng]

Just beginning to update mine, but some really jump out now (with a few of my speccies thrown in). Some I hold (MUN strong hold), the ones in bold are now on my shopping list. I have also placed my personal indicative entry targets on the ones that are now buys for me (some bought).

Note: None of this is a buy recommendation or otherwise, just sharing my live thoughts and actions at present.

No particular order:

BHP (gets any lower than $32 and I will pull out all stops)
RIO
PNA (target .645 - just missed and looking to enter at the current low of.655)
TAP (target 1.87 - Now in)
AED
CBH (target .535 - now placing an order at .54)
PEM
ARQ (target 1.39 [Now in])
AAR (target .079)
CVN
AZS
PEN
EXT
TNC
IIF
AGS (target 1.35)
FML
MUN (strong hold)

 

[TERRAIN]

I think the blue chips will recover first.

I like BHP 33-35
RIO around 80ish.
BNB 20-23

Oz is in a resourse boom , and this will continue...

I hold a lot of spec's and think they will take longer than the blue chips.

I hold BCN, AZS, FNT, RSP, ANZ, JML, CUL (free-carry), NWS, RMI, CGF, ANZ.

 

[gfresh]

CBH - making profits, fairly reasonable P/E. A junior, but does produce, while still exploring new mines.

BHP - price is starting to get to the silly point now, great buy for long term at current price

AED - share price punished at the moment, but should run well next 6 months. Oil = money

MMX - may take a while to get going, but next year should see good returns leading up to production

Many others keeping half an eye on I guess..

 

[Pommiegranite]

Well this is what I'm watching:

FAR - This is a $50 million oil exploration company.

1. They have 8% interest to the highly promising Canning Basin (Valentine) which they are currently drilling as part of a joint venture. The Valentine resource could hold upto 200 million barrels + gas. Considering oil is $70 a barrel, FAR insterest could be worth around $1.1 billion for the oil alone

AND

2. They have 30% interest in an offshore Senegalese 'oilfield' currently drilling as part of a joint venture. This resource could be in excess of 1billion barrels of oil. At $70 a barrel, FAR insterest could be worth around $21 billion at current prices

 

[moneymajix]

Hi HangS

PNA (target .645 - just missed and looking to enter at the current low of.655)
AAR (target .079)
AZS
MUN (strong hold)


The above stocks seem good, imo.


Pommie
Anything in the Canning basin is hot atm or soon to be (although, EGO has had a good run already).



All my own views.

 

[hangseng]

Well this is what I'm watching:

FAR - This is a $50 million oil exploration company.

1. They have 8% interest to the highly promising Canning Basin (Valentine) which they are currently drilling as part of a joint venture. The Valentine resource could hold upto 200 million barrels + gas. Considering oil is $70 a barrel, FAR insterest could be worth around $1.1 billion for the oil alone

AND

2. They have 30% interest in an offshore Senegalese 'oilfield' currently drilling as part of a joint venture. This resource could be in excess of 1billion barrels of oil. At $70 a barrel, FAR insterest could be worth around $21 billion at current prices

And the reasoning I chose to enter ARQ (39% of Valentine).

At the current sp ARQ is one of the best value stocks on the market now, Representative of the closing trades on Friday willing to take the sp back up to 1.41 and the sell side very, very thin now. ARQ had huge buys going through on Thursday at 1.45 and above.

 

[Pommiegranite]

And the reasoning I chose to enter ARQ (39% of Valentine).

At the current sp ARQ is one of the best value stocks on the market now, Representative of the closing trades on Friday willing to take the sp back up to 1.41 and the sell side very, very thin now. ARQ had huge buys going through on Thursday at 1.45 and above.

I've been considering ARQ to for the fact that they have a greater exposure to the Canning Basin than their JV partners. So if Valentine is a miss, at least they can try elsewhere in the Basin.

Also, should CB be a non event, ARQ have their fingers in enought pies to not be overly affected.

The only downside I can think of is that with a MC of almost $500 million, how much SP appreciation can we expect if Valentine is a goer?