new thread herdal focususadown 28/10, page-33

i think hotcopper banned me 26/5 I posted this at Google--I'm not sure whether I did that straight away--or whether I waited awhile---Steve.
Subject: Subject: ERG H/CbanTomato-9.2 to 9.3 a support resistance Date: 2003-05-26 02:50:43 PST


Author:
From: ERGTRADEDATA ([email protected])9/05/2003 31.2 million in licence fee's deferred but notdisallowed,(10/5/03 ERG Next triple witching 20th of June 03 10/5/03 ·
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Date Posted: 6/12/03 9:36:09
In reply to: ######PINCH YOUR STOCK MARGIN 11/11/03---GOOGLE I P PROTOCOL BLOCK THUNDERBOLTS AND LIGHTENING##### 's message, "######ITS UP TO THE BONKERS AND THE CLACKER TO TAKE THE WHOLE FUCKIN LOT OF THEM OUT>>>BOHEMIAN RHAPSHODY#####" on 27/11/03 5:10:25

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From: ERGTRADEDATA ([email protected])
Subject: ERG H/CbanTomato-9.2 to 9.3 a support resistance line.
This is the only article in this thread
View: Original Format
Newsgroups: aus.invest
Date: 2003-05-26 02:50:43 PST


Tomatofillet banned

http://www.hotcopper.com.au/

Subject: Title: ERG. Pick Price: $0.094 Predicted Return: 112.77%


Author:
Picked on: 9/05/2003 (exactly it should be 9.3)
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Date Posted: 09:55:49 05/08/03 Thu

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ERG
Title: ERG.
Picked by: tomatofillet
Picked on: 9/05/2003
Pick Expires: 20/9/2003
Pick Price: $0.094
Current Price: $0.094
Predicted Price: $0.20
Current Return: 0%
Predicted Return: 112.77%



Analysis
Post June 30th clean balance sheet going forward, 370 million dollars
worth of debt paid off over the last 12 months. 48.75 million in
annualised savings to be reflected in the full year--which is the
30/6/02 to the 30/6/03 as reporting in September, if the rights issue
proceeds 9.7c is unlocked from ERG's balance sheet--as at account
position 31/12/02--NTA was 7.198 (this excludes the recent resolution
to Lazio (substantial receivable still to collect)(net assets
10.3c--also excluding the recent settlement of Lazio--note the
receivable still being negotiated) the multi application and
interopearable side of earnings quickened by selling Proton, making
provision in accounts for 52.4m linked to earnout of 40.9m over ten
years-MASS playing along with PWI a big part in that as technologies
merge. 31.2 million in licence fee's deferred but not
disallowed,(Germany--equity accounting 19.97%--nearly to the first of
the thresholds of 20%) if the rights issue proceeds an estimation is
1.66c will appear in financiang and investing activities reconciled to
the balance sheet. Several contracts coming up, they relate to the MOT
settlement, this will give a boost to earnings per share, by bring
forward lost values. Look I could wax lyrical for ages there are so
many things. It may appear to be a pretty boring trade where it is
now, I feel though you have to see picture down the track to get the
full apreciation of what the company has achieved and is achieving.
Overhauled management, still a little bit of that to go yet (deemed to
be satisfied as part of the restructure on the 7/5/03 I'd rate it as
buy in the accumulative sense--this obviously speeds up when you get
closer to a contract coming out. At the moment shorts are turning
around I feel between 9 and 10c (exactly it should be 9.3) ASX 10/4/02
Issue price or consideration (a) 75,541,489 ordinary sharesat $0.28
(it really is just playing with fractions of a cent I feel at between
9 and 10) 28 divided by 3 x equals 9.3 9.3 rounded. Essentially though
taking share trading right out of it and then looking at the company
rather than the share--the price you pay now will be cheap in
comparison with what you pay in a few months time, the most important
thing to remember is post June 30th the company will have a clean
balance sheet going forward, net debt to equity drops from over 1000
percent down to 28%--anyway there is so much stuff--the above is just
a small bit. Excluding specific times it is not so far, a lightening
quick thing although as we know it can be--taking San Francisco right
out of it which will be intrinsic to the company's plans in the
USA--anyway taking that out of it--just simply a ground floor
opportunity for the patient investor trader Gavin Ross is right!
finally--LOL The only thing I can add--it's loss last time it reported
was only a headline one due to the Proton transaction and the timing
of it--it will have next time it reports not only a greatly improved
underlying result--also a good headline result--it's outsourcing
now--take amotisation off it's books--1.25 million per month ios being
saved in regrds to PWI from the 22/4/03 on (15 mill p/a)--plus don't
forget R&D has been cut from 18% of rev down to 8%--so many things.
Cheers.

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Replies:

Subject Author Date
Notice Your account has been suspended, please contact hotcopper
staff. [email protected] 18:58:23 05/09/03 Fri

Noted the 9.3 area the more times you hit a figure in search of a
bottom (double bottom--triple botton etc) many times the stronger it
becomes.I counted several times for the 9/5/03 and I think 3 times the
8/5/03. The vwap is 9.43---on the 12/3/03 following the release of a
bad headline result on the 6/3/03 the stock declined to a low of 8.1
with a vwap of vwap 8.5with a last price traded of 8.4 on vol of
10,094,738 on the 12/3/03 Last trades 9.9 vwap 9.79 volume 3,625,441
May 7th 2003 (management deemed to be satisfied day)Last trades 9.4
vwap 9.56 volume 7,486,342May 8th--release of directors interest
1.10pm ASX. Last trades(official 9.5) 4:28:45 pm 9.4 vwap 9.43 -opened
9.6 low 9.3 volume2,940,809 High 9.6 (hit several times 9.3 several
times)-May 9thThevwap for the 9/5/03 at 9.43 is very close to the last
price traded onthe 12/3/03--plus 1c--the official close of 9.5 is the
same as the.vwap on the 12/3/03 of 8.5 plus 1c. All care taken with
the aboverecords. Noted from approximately the 24/4/03 to today,
herdalbehaviour on various BB's leading into the 9.3
area.Regards,--Steve. 19:04:42 05/09/03 Fri

Plus accrued interest to 1 April 2003 of $0.50625 and a conversion
price of $0.15 per Share. 0.50626 divisible by 90 equals 0.5625 deemed
5% 10.1004 at 1/4 --10.1004 minus 0.5625 equals 9.5379 00:06:21
05/11/03 Sun

Date of Membership: 10/5/03 ERG Going concern issue-370m-eliminated
12mths 10/5/03 ERG Next triple witching 20th of June 03 10/5/03 ·
8:12:27 AM 00:12:58 05/11/03 Sun

Symbol Subject PostTime Postings by sanfrancisco *AGB Gann retracement
ERG 82.5% 9.3 10/5/03 · 2:56:20 AM 00:25:52 05/11/03 Sun
Issue price or consideration (a) 75,541,489 ordinary sharesat $0.28 --
May 8th 9th, 00:29:11 05/11/03 Sun
sanfrancisco (ID#: 433439) 75,541,489 ----28 divisible 3equals 9.3
11/5/03 7:25:08 PM 6291224 -- 28 divisible 3 equals 9.3, 00:34:05
05/11/03 Sun

X.ERG ERG Ltd. CEPS 23/5/01Note
PhillipsDutchOctopus/Felicia9.9647.8255541069100391134289439374c X.ERG
ERG Ltd. semiconductor
supplier(CEPS).Infineon8.92030573272112356309807916858564 13:36:57
05/11/03 Sun
X.ERG ERG Ltd. Doing some figures on ERG see below -- X.ERG ERG Ltd.
My view sharetrend accumulative12:36 pm,, 19:58:17 05/11/03 Sun

SMART card group ERG and the NSW Government have signed a 10-year
agreement fora $320 million ticketing system for Sydney's entire
public transport network ERG wins US ticketing contract Yvonne Ball
27Feb03 SMART card company ERG Ltd haswon a $US63 million ($104.12
million) ticketing contract in the United States 08:11:16 05/13/03 Tue