GD - It looks like a rough start again this day. Looking at all...

GD - It looks like a rough start again this day.

Looking at all the positives that KAR offers makes it hard not to believe that this time in the market and the value of KAR will change to the positive.

I agree tht the price per chare is very low and I hope your gut feeling is correct.
1- Good Kronos report
2- Good Brazil report.
3- Solid managemant.
4- Production in the Browse Basin next year.

Bob and Sandy


NETQUOTE MORNING MARKET REPORT FINAL
SYDNEY, June 7 AAP -

SYDNEY - The Australian stock market is set for a big fall at the open, after Wall Street slumped more than three per cent overnight on Friday, and the price of benchmark commodities contracts such as oil, silver and copper closed weaker.
At 0725 AEST on the Sydney Futures Exchange, the June share price index contract was 114 points lower at 4,353 points, with 7,375 contracts traded.
In economics news on Monday, the Australian Industry Group-Housing Industry Association performance of construction index for May is due at 0930 AEST, while the ANZ job advertisements series for May is scheduled later, at 1130 AEST.
In companies news, the Rabobank quarterly rural confidence survey is due, and Mungana Goldmines Ltd is to list on the Australian Securities Exchange.
On Friday, the Australian share market closed lower as investors shied away from volatile resource and financial stocks.
The benchmark S&P/ASX200 index ended down 36.6 points, or 0.82 per cent, at 4,449.4 points, while the broader All Ordinaries index finished down 33.8 points, or 0.75 per cent, at 4,472.4 points.
SYDNEY - The troubled Keneally government will try to win back disillusioned voters by delivering a state budget in surplus on Tuesday.

SYDNEY - Payroll tax cuts worth more than $300 million will be announced in Tuesday's NSW budget, reports said.

SYDNEY - The results of two new polls showed the federal government would lose the next election, with voter dissatisfaction over the proposed $12 billion mining super profits tax a key issue.

STOCKS TO WATCH ON THE AUSTRALIAN SECURITIES EXCHANGE ON MONDAY:

AQA - AQUILA RESOURCES LTD - up 17 cents at $9.00
Aquila Resources said it continued to plan development of a new iron ore export port in Western Australia despite potential joint venture partner Fortescue Metals putting on hold an associated project.

AXA - AXA ASIA PACIFIC HOLDINGS LTD - up six cents at $5.98
NAB - NATIONAL AUSTRALIA BANK LTD - down 73 cents at $24.36
AMP - AMP LTD - up one cent at $5.80
National Australia Bank confirmed market speculation of talks with takeover target AXA Asia Pacific Holdings and the competition regulator over a possible divestment of AXA APH's North investment platform.

BHP - BHP BILLITON LTD - down 87 cents at $37.87
Workers at BHP Billiton's Olympic Dam have been exposed to unsafe levels of radiation, according to a company whistleblower.

CNP - CENTRO PROPERTIES GROUP - steady at 18.5 cents
CER - CENTRO RETAIL GROUP - steady at 21.5 cents
Security holders in Centro Retail Trust, Centro Property Trust and Centro Properties Ltd will not pocket distributions in 2009/10.

CAZ - CAZALY RESOURCES LTD - up one cent at 58 cents
Junior explorer Cazaly Resources has selected a rail haulage provider for its Parker Range project in Western Australia.

PSA - PETSEC ENERGY LTD - up 0.5 cent at 23.5 cents
US-focused oil and gas producer Petsec Energy said the deepwater exploration drilling ban in the Gulf of Mexico does not affect its leases because they are in shallow water