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 · [ Next Thread | Previous Thread | Next Message | Previous Message ] -------------------------------------------------------------------------------- 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
-------------------------------------------------------------------------------- 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
Author: Picked on: 9/05/2003 (exactly it should be 9.3) [ Next Thread | Previous Thread | Next Message | Previous Message ] -------------------------------------------------------------------------------- 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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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
ERG Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
(20min delay)