Weekly Fundamental and Technical Analysis Prospects - Week Starting 30th Nov 2015 (No. 196) Here’s this week’s FA and TA List. The newer items first and those carried forward from last week towards back of list (some of the items from last week have a time horizon of more that one week).
All listed market caps are undiluted (and do not include escrowed shares) (Note: Max time for any entry on list will be 4 weeks after which time it will be removed).
Important Note: Remember just because it appears on the list does not necessarily mean it will rise in price... it may actually fall or do nothing. So it is critical that you perform detailed research on each stock first and make your own mind up to whether invest or not. I suggest you run a stop-loss at all times when trading/investing. How tight your stops are depends on your threshold to risk and financial pain. Lastly I take no responsibility for the accuracy of the information provided by the Hotcopper posters that have contributed leads/tips to the Short Term Trading Competitions below as I do not have the time, nor resources to research and verify the information that has been provided by them. Best of Luck.!
Weekly Fundamental Analysis Prospects
SXY - Developing gas projects around Cooper and Surat SA and Qld ? [30/11/2015]
Senex Energy Limited Cap $160m @14c Cash $50m + $42m due for recent sale of part gas project No Debt (have undrawn $80m facility) EV only $68m One of the major onshore Cooper Basin players, with developing gas projects around Cooper and Surat (to feed LNG) Has around 90m BBLs 2P reserves Produced around 1.3m barrels FY15 and should still produce 1 million FY16 Well hedged, and still profitable with current operations. Has some free carry by Origin still in FY16 to tune of $25m. They still make circa $US24bbl in Cooper next couple years ex royalties so are still profitable, which gives time for oil to recover. They get Brent OIL pricing which is superior to WTI. The Surat block just sold, is less than a 10th of WSGP (West Surat gas project), so the $42m cash + data paid gives you an idea how undervalued that block alone is for remainder. On the sale SXY spiked to 21c...but has since drifted back down to where I think it is a great buy again - 13-14c range. *sry had to repost as entry was wrong. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” WB
Poster: Sector Lead (STT Accuracy: 63.2% - Ranking No.7 ) http://hotcopper.com.au/posts/16505160/single (Mcap: $161.4m)
CL8 - Peer to Peer Rental Car/Caravana nd things rental business [30/11/2015]
P2P Business Market cap 6m approx and cash 800k approx. Massive growth in both listed and rented cars with revenue close to 400k as per last quarter... however, since then the number of rented cars increased by 60% in two months... the number of cars increases on weekly basis. Also With revenue increases it is getting close to cash flow positive... I personally think another STT is about to offered by cl8 Cheers Options for those who know them DYOR please and double check facts and figures
Poster: forrestfield (STT Accuracy: 49.3% - Ranking No.13 ) http://hotcopper.com.au/posts/16502208/single (Mcap: $7.1m)
BMG - Shell Company ? [30/11/2015]
Market Cap: 1.15M Cash: 0.05M Net Assets: 2.1M EV: 1.8M Shares Issued: 127.8M (Still some room to wriggle - 0.018 * 72.2M = $1.3M) @CheyneD seems to be championing this, along with @j0elc and @minoil This shell has some debt attached to it. It will require a sell off from their exploration assets, which would make sense if they are looking to acquire a non-resource business. They had the guts to decline a tech acquisition given the pressure to make changes now - I like their levelheadedness. From their quarterly: "During the quarter, BMG Resources Limited (the Company; ASX: BMG) continued to seek out and evaluate new investment opportunities for the Company. BMG completed its assessment of the potential acquisition of the Fitlink Group of companies and decided not to proceed following an exclusive due diligence period. The Company remains committed to securing a new business opportunity and is currently reviewing a number of potential opportunities." I imagine the heat is on for them due to low cash reserves. Even if they do a cap raise, the share base should be able to absorb it.
Poster: hibikidan333 (STT Accuracy: 53.3% - Ranking No.11 ) http://hotcopper.com.au/posts/16500011/single (Mcap: $1.2m)
SGH - Legal services for Accident victims [27/11/2015]
Major assault today, but imo, a major overreaction. Stock down 51.4% today, Trading at 94c Cap equals $331m FY15 Revs $520m NPAT $70m Div 8c Market expects UK business to downgrade again, but company said 2nd half will make up for first half. Analysts don't believe it. The news today and reaction seems to be extremely excessive wiping $340m off business value. I am expecting some clarification soon and a good bounce within next 4 weeks. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” WB
Poster: Sector Lead (STT Accuracy: 63.2% - Ranking No.7 ) http://hotcopper.com.au/posts/16486973/single (Mcap: $243.4m)
ESI - Environmental Clean Technologies [27/11/2015]
ESI – Environmental Clean Technologies Shares – 2.6b MC - $53mil Share price – 2.1c Directors 3c performance shares ripen in January - Management have been keeping shareholders well informed of fundamental progress and I expect they will push it up to get their bonus. FA and TA make a great team
Poster: SelmaBouvier (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16479929/single (Mcap: $55m)
CL8 - Peer to Peer Rental Car/Caravana nd things rental business [27/11/2015]
MC Fully diluted 11.8million (includes 156mill options at 2c for April 17 exp) Cash as of last Quarterly 820K Current SP 2.4c Peer to peer businesses with significant revenue already and growing, as well as recent cuts to costs to run. Drive my car showing exponential growth and at current figures could see CL8 become cash flow positive in around 6 months time. TA is also starting to look really good and any news could see this surpass the 4 cents achieved in May this year. With potential for further acquisitions, this looks good for a STT and worth trying to free carry perhaps for a LT hold as this one could go on with it. All IMO and I'm no expert.
Poster: Over reaching (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16489224/single (Mcap: $7.1m)
ODN - Shell Company [26/11/2015]
Market Cap - 8.48 Million Cash - 150k (as of 30th Sep) including recent placement Debt - 3.88mil Perth based x mining shell with MOU to acquire Gridcomm This video explains what Gridcomm is perfectly. They only have a small portion of a world wide market. [email protected]
Poster: ironmouse (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16475711/single (Mcap: $4.8m)
NKP - Platnium Group metals and Gold [26/11/2015]
PGM Mktcap-77mill SP-8.1c Analyst value-30c+ With Zijin holding 60% a T/O offer can't be far away ..20%+ is held by a group of 120+ minor S/H that are pushing for a EGM and voting for the appointment of two directors who will negotiate an exit price on behalf of Minorities.
Poster: Sharetrader78 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16474011/single (Mcap: $80.7m)
FEL - Tony sage controlled shell [26/11/2015]
Tony sage controlled shell announced am acquisition of cardinal house gaming platforms. Extremely tightly held with top 20 currently making up about 75% of the register.Not a lot for sale should easily double market cap only 7 mill cardinal house own KENO as well as online gambling platforms.
Poster: Goldbull22 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16471622/single (Mcap: $7.3m)
EXU - Gold Explorer in WA Market [26/11/2015]
Cap $3.5m, shares on issue = 156million EXU currently undertaking a 2700m RC drilling campaign and toll treatment feasibility testing at their flagship Tampia gold project with the aim of commencing initial toll treatment processing in 2016 to become cash positive and fund further extension drilling of their existing JORC 2012 compliant resource. Fantastic historic shallow grades including : - 4m at 109g/t gold from 9m - 11m at 28g/t gold from 21m - 5m at 58g/t gold from 25m - 5m at 34g/t gold - 17m at 27.5g/t gold - 25m at 11g/t gold from surface - 8m at 29g/t gold - 25m at 10g/t gold from surface - 3m at 53g/t gold - 11m at 10g/t gold - 2m at 42g/t gold - 9m at 18g/t gold - 2m at 43.5g/t gold - 1m at 165g/t gold All assays are at maximum depth of 80m from surface. Headed by Mark Calderwood, the guy that built PRU into a $300 million gold producing machine, and John Lawtin, who has presided over the construction of 7 gold mines.
Poster: srb123 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16475024/single (Mcap: $3.9m)
BUR - Peter Wall shell company [26/11/2015]
Market cap: $7.7 million Cash: close to $2 million Recent board change to become a Peter Wall shell, while still having a small interest in a producing O&G asset huge accumulation past 2 months by various broker clients - highly suggests a classic tech acquisition coming soon... For further details, click on link below: http://hotcopper.com.au/threads/new...ial-tech-acqusition.2647504/?post_id=16476171 The Linx Empire
Poster: Lincoln Burrows (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16476412/single (Mcap: $8.8m)
BOE - Gold explorer about to become a producing uranium miner in S.Aust [26/11/2015]
Market Cap - 30.8 Million Cash - $5m approx Share Price 3.7c Gold explorer about to become a producing uranium miner From the recent Speeding Ticket As advised by the Company in its announcement dated 1 September 2015, the Company is undertaking the acquisition of the Honeymoon Uranium Project in South Australia. As advised, the acquisition will take approximately 3 months to complete due to the necessity of meeting a number of conditions precedent, including a capital raising by the Company which has now completed. The finalisation of the acquisition remains on target for the end of this month and the Company will notify the market once completion occurs. From the original acquisition announcement dated 01/09/2015. HIGHLIGHTS • Boss has entered into an agreement with Uranium One Inc. to acquire the Honeymoon Uranium Project in South Australia • The Honeymoon Uranium Project has resources (up to 2,100ppm) amenable to in situ leach processing • Full mine infrastructure in place with 880,000lb pa solvent extraction plant already built • The Honeymoon Project is one of only 4 fully permitted uranium projects in Australia • Honeymoon was placed on care and maintenance in 2013 - never fully commissioned in period of low uranium prices • Large 2,595km2 tenement package with excellent exploration potential • Company-transforming acquisition places Boss at the forefront of aspiring Australian uranium producers - Directors also took up their rights and bought $300,000 worth of shares in the recent cap raise to fund the acquisition. Honeymoon historically had costs of U$35/l (U$49/lb in 2012 when AUD was at parity) and numbers range from 600k-880k U lb/yr - The infrastructure (capital expenditure) for the mine alone was a $140M build!) - Low set up costs to get the mine into production and a low market cap compared to its Peer (PEN) with similar production targets; a rerate should continue to take place based on the above fundamentals. One way to end up with $1 million is to start with $2 million and not use stop-losses.
Poster: moesoeloe (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16477619/single (Mcap: $34.6m)
AZS - Silver in Mexico [26/11/2015]
Market Cap: ~$47M Cash: ~$7M Australian based junior exploration company with Key tenements in Mexico. Azure has made one of the more significant precious metals discoveries n recent times at their Alacran property in Northern Mexico. Soil sampling identified a strong silver anomaly which was confirmed by a recent drilling program as forming part of an at surface, shallowly dipping, high grade silver deposit. Grades include: Grades.png As you can see, we are talking about both significant grades and thicknesses, which are close to true thicknesses as the mineralised lithology is sub-horizontal to shallowly dipping. The company has since defined a much bigger area of anomalous in-soil geomistry with as prospective, if not more prospective results and is likely to significantly expand on the area of known mineralisation. The company recently raised over $5million to participants including Sprot Inc, a well known north american based resource investment firm and Mark Creasy, of Nova Bollinger Nickel discovery fame. Near term new flow: The company is currently conduction closely spaced resource definition drilling at Mesa de Plata, of which assays should be coming in throughout the end of this year though early 2016. These results are very likely to have similar bonanza grades. The company is also mapping and sampling the adjacent Loma Bonita ridgeline and untested areas to the north which appear to also be highly prospective. With plenty of news flow to come in the next few months, as well as having a couple of very high profile investors on baord, I think Azure is set for some decent gains over the next few months. For a more detailed look at Azure, check out a recent post of mine here. The Nude Investor
Poster: Toxxxic (STT Accuracy: 23.5% - Ranking No.38 ) http://hotcopper.com.au/posts/16470169/single (Mcap: $41.8m)
SWR - Clean Shell [25/11/2015]
Market Cap: 1.9M Cash: 0.9M Net Assets: 1.7M EV: 1.2M Shares Issued: 64.5M @GobbleDok seems to be on this one They initially wanted to acquire ROMIO, a social media platfrom. But, they decided not to proceed in July. This hasn't dented their desire to acquire a good tech. Here's an excerpt from their last quarterly: Southern Crown continues to review technology and resources acquisition opportunities that have the potential to add significant shareholder value. To that end the Company has reviewed in excess of nine opportunities ranging from digital and financial technology to mineral processing technologies. Discussions continue with a number of parties regarding these opportunities. History: STT - Best Newcomer: 05/10/2015 STT - 4 Week Leaderboard - #1 (WKT): 12/10/2015
Poster: hibikidan333 (STT Accuracy: 53.3% - Ranking No.11 ) http://hotcopper.com.au/posts/16468714/single (Mcap: $1.9m)
ODN - Shell Company [25/11/2015]
Market Cap - 8.48 Million Cash - 150k (as of 30th Sep) including recent placement Debt - 3.88mil Shell company with MOU today Anyone interested or involved with ODN please read below.....this is from about 30-45 mins and I have seen enough! ODN.pngODN4.pngODN3.pngODN2.png DJ PIN[?IMG]Oct'15 15
Poster: TraderGT (STT Accuracy: 65.6% - Ranking No.5 ) http://hotcopper.com.au/posts/16468267/single (Mcap: $4.8m)
EMG - Shell Company [25/11/2015]
Market Cap: 3.6M Cash: 2M Net Assets: 3.7M EV: 1.6M Shares Issued: 226M (bit bloaty, but they have cash for now so perhaps no future CR event) @Lincoln Burrows spotted this one, @forrestfield started a countdown thread for the acquisition? This share is a bit of a grind - its been quite a while since they announced that they were actively searching. Nevertheless, here's their spiel in the latest quarterly: REVIEW OF PROJECTS IN IT AND BIOTECH SECTORS Emergent Resources Limited (EMG or the Company) has allocated part of its working capital budget to the identification and evaluation of opportunities in the IT and Biotech sectors, with a particular, but not exclusive, focus on opportunities in Asia given the strong support for this new direction of the Company’s cornerstone Chinese investors. In this regard the Company during the quarter actively reviewed a number of IT and Biotech projects and significantly narrowed its focus in this regard. The Company appreciates that this process is taking longer than perhaps anticipated, but considers this is as a direct result of its desire to only countenance a high quality investment, and is confident of securing a project that will add significant shareholder value. The Company considers that its combination of corporate and technical expertise, significant financial backing and cash reserves makes it ideally placed to grow through investment and acquisition.
Poster: hibikidan333 (STT Accuracy: 53.3% - Ranking No.11 ) http://hotcopper.com.au/posts/16469382/single (Mcap: $4.1m)
DAU - Clean Shell [25/11/2015]
Market Cap: 1.7M Cash: 2.2M Net Assets: 2.9M EV: 0.8M Shares Issued: 95.7M Credits goes to @webbj for finding this first (post# 16293975) Clean shell - balance sheet in the green. Nice low share base to work off. With the amount of cash in hand, CR may likely not happen, and if it does, there's plenty of room for the share base to absorb it. Management actively looking into acquisitions. From their quarterly: During the quarter Dampier also reviewed several potential new business acquisitions, including a possible farm-in to an Industrial Minerals/Gold project and a technology with application in the logistics industry. Assessment of other acquisition opportunities, as and when they may arise, is on-going whilst also managing the Company’s existing asset base. Looks like my search is already paying off.
Poster: hibikidan333 (STT Accuracy: 53.3% - Ranking No.11 ) http://hotcopper.com.au/posts/16468614/single (Mcap: $1.5m)
TPS - Security and Monitoring Service [24/11/2015]
TPS – Threat Protect – Security and Monitoring Services Shares – 432mil MC - $14mil Cash $2.8mil Share price – 3.4c Have in the past couple of week acquired 2 further businesses that bring in revenue of $1.8mil and $350k and is expected to double the customer base. Expected to have NPAT of $837k at the end of this FY. Hidden gem that is undervalued. Some call tops, others make money.
Poster: marty386 (STT Accuracy: 43.8% - Ranking No.19 ) http://hotcopper.com.au/posts/16455803/single (Mcap: $14.2m)
CYP - Biotech - Australian stem cell and regenerative medicine company [24/11/2015]
SP 32c Cap $23m Cash $8m (2 year runway) + $ partnerships expected. Low float of just 72m shares "Cynata Therapeutics Limited (ASX: CYP) is an Australian stem cell and regenerative medicine company that is developing a therapeutic stem cell platform technology, Cymerus™, originating from the University of Wisconsin-Madison, a world leader in stem cell research." Cynata is now 20% below the shareprice before FEB 2015 announcement their cells reached GMP status through Waisman Biotechnology in US which sent the stock up nearly 300% from lows a month earlier. Since then, has collaborations with 1. University of WA (UWA) Lung Fibrosis 2. Harvard Medical School USA - Cancer cells 3. University of Sydney - Heart disease 4. CRO clinical trial for GvHD and this comment highlighted below from last report. [?IMG] “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” WB
Poster: Sector Lead (STT Accuracy: 63.2% - Ranking No.7 ) http://hotcopper.com.au/posts/16459302/single (Mcap: $23.6m)
CDV - Gold explorer, Ghana, West Africa [24/11/2015]
SP 16c Cap $23m . RC drilling revealed >1 g/t Au in close to 100m intervals. Institutions are on board and the ex-PIR boss has taken the Chair. Today the first diamond drilling hole was completed over 300m length because the mineralisation just kept going (IMO). Mostly volcanoclastics (gold hosting in all likelihood IMO), assays pending. Ian Middlemas turned up with a substantial holding today as trading closed. Half the Brains Trust have shares, possibly substantial when combined. @Freehold please note my name change for the tipping comp. formerly the trader called Umizoomi.
Poster: UmiTrader (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16459562/single (Mcap: $22.5m)
TV2 - Shell Company [23/11/2015]
Galicia Energy Corporation (ASX: GAL), a Peter Wall shell, is estimated to complete its acquisition of TV2U International Limited on 30 November 2015 and is schedule for Re-quotation on ASX under the proposed ASX code of TV2 on 8 December 2015. “TV2U’s main business model involves: (a) building content hubs that can offer next generation TV experiences on all screens including phones, tablets, laptops and TVs; and (b) providing a managed service to operators who acquire (either outright or in partnership with TV2U) the content hubs so that they can provide premium TV grade live and video on demand (VOD) services to end users.” Prospectus 10/11/2015? From the Prospectus: “For a public offer of 200,000,000 New Shares at an issue price of $0.02 per New Share to raise a minimum of $4,000,000, with the ability to accept oversubscriptions of up to a further 300,000,000 New Shares at an issue price of $0.02 per New Share to raise up to a maximum of $10,000,000 (the Public Offer). This Prospectus also contains an offer of up to 130,000,000 New Shares and 50,000,000 Options (exercisable at $0.03 each on or before 31 December 2018) to the holders of Convertible Notes on conversion of the outstanding balance of their Convertible Notes (the Convertible Note Offer). The Public Offer is scheduled to close at 5.00pm (WST) on 23 November 2015 unless extended or withdrawn. Applications must be received before that time to be valid.” Prospectus 10/11/2015? As at the date of this Prospectus, the Company has 381,123,662 Shares and 3,941,181 Options on issue. My approximate estimate of the Market Capitalisation, based on a share price of $0.02 with minimum raise is 11.5 million; with a maximum raise is 17.5 million. Note the last close, which was prior to a 2:1 consolidation, had a share price of $0.012. Reasons for tip: I am tipping this so early because I thought some of you may wish to take advantage of the Public Offer that closes imminently. TV2U looks like it has the potential to generate real excitement in the market. Upon re-quotation the issues that have held GAL’s share price back will have been resolved. Whilst there may be some early selling from those who buy the Public Offer I do expect it to close sufficiently above $0.02 to make it a worthwhile STT COMP prospect. Of course all IMHO; DYOR - including reading the prospectus. All IMO, DYOR Ivan - The Not Quite So Terrible
Poster: itnqst (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16446587/single (Mcap: $?m)
Weekly Technical Analysis Prospects
ODN - Shell Company [26/11/2015]
Market Cap - 8.48 Million Cash - 150k (as of 30th Sep) including recent placement Debt - 3.88mil Perth based x mining shell with MOU to acquire Gridcomm Yesterdays buying looked to strong for HC, today's slight pull back also tells me that HC was not dominant in buying otherwise the SP would of crashed a lot more. [email protected]
Poster: ironmouse (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16475788/single (Mcap: $4.8m)
FEL - Tony sage controlled shell [26/11/2015]
Tony sage controlled shell announced am acquisition of cardinal house gaming platforms. Extremely tightly held with top 20 currently making up about 75% of the register. Just broke 52 week high not a lot for sale should easily double market cap only 7 mill cardinal house own KENO as well as online gambling platforms.
Poster: Goldbull22 (STT Accuracy: Unknown)
(Mcap: $7.3m)
EXU - Gold explorer in WA Market [26/11/2015]
Cap $3.5m Shares on issue = 15 million The share price broke a 3 month downtrend on October 14 and has been steadily climbing back up with an increase of 23% today on increasing volume. Short term target of 6c based on chart.
Poster: srb123 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16475126/single (Mcap: $3.9m)
BOE - Gold explorer about to become a producing uranium miner in S.Aust [26/11/2015]
Market Cap - 30.8 Million Cash - $5m approx Share Price 3.7c Break out of Flag/Pennant formation on volume today. Closing on 52 week high. BOE.png One way to end up with $1 million is to start with $2 million and not use stop-losses.
Poster: moesoeloe (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16477639/single (Mcap: $34.6m)
ODN - Shell Company [25/11/2015]
Market Cap - 8.48 Million Cash - 150k (as of 30th Sep) including recent placement Debt - 3.88mil I expect a possible over shoot tomorrow then reality to set in....... ODN10.png DJ PIN[?IMG]Oct'15
Poster: TraderGT (STT Accuracy: 65.6% - Ranking No.5 ) http://hotcopper.com.au/posts/16468272/single (Mcap: $4.8m)
CYP - Biotech - Australian stem cell and regenerative medicine company [24/11/2015]
SP 32c Cap $23m Cynata is trading at near all time lows, with multiple support breaks at 42, then 36-38c region. 32c and 33c was an area of support going back to 2014...and last seen end DEC 2014. I am tipping a technical bounce off these lows, with target of 42c in short term...and more if FA tip news eventuates before xmas. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” WB
Poster: Sector Lead (STT Accuracy: 63.2% - Ranking No.7 ) http://hotcopper.com.au/posts/16459368/single (Mcap: $23.6m)
ZIP - Telecommunications - VIOP [23/11/2015]
Business:- Telecommunications MC- $44.4 mill SP – 0.71 TA Broke down through 61.8% fib retrace of long uptrend and then bounced convincingly back up through the fib line on 18.11.2015. Since then has retraced slightly and ready for next run. The four days prior to final fib breakthrough were on increasing volume, indicating final sell-off. Cheers Trevor12 I am not perfect. I do make mistakes. Please don't rely on me. Do your own research.
Poster: Trevor12 (STT Accuracy: 32.1% - Ranking No.32 ) http://hotcopper.com.au/posts/16446091/single (Mcap: $45.8m)
TMP - Online marketing and Advertising [23/11/2015]
Big ascending triangle on the chart with a top of 75/76c and a lead-in of 40c. Should hit atleast $1.10 if not $1.20 (40c off the previous high) STT COMP DUB, FA LONG Massive AGM today and big buys going through. not many shares on issue (~50million currently) there is plenty of space in the market cap for upward appreciation. This company has IP for scalable cloud voice recording which is integral to telcos and banks and other service providers under regulatory environments (services) which require an ombudsmen. Currently this costs telco's a lot of money in maintaining their own services and using their own storage, similar story with other big businesses including banks and insurance. By switching to Dubber they can cut direct costs and liabilities involved with staffing for this service and just rely on Dubber to comply with regulations. Pretty much as we've seen before with disruptive technologies in regulatory areas, this can go high and fast. if you treat this post as advice it could get us both in trouble.. DYOR
Poster: nihilism (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16442843/single (Mcap: $46.6m)
GTG - Biotech providing diagnostics [23/11/2015]
Business:- Biotech providing diagnostics MC- $45.6 mill SP – 0.024 TA Continues to bounce off 76.4% fib retrace line of recent high volume rise. Has bounced off 0.022 3 times and has had 2 consecutive green days. Cheers Trevor12 I am not perfect. I do make mistakes. Please don't rely on me. Do your own research.
Poster: Trevor12 (STT Accuracy: 32.1% - Ranking No.32 ) http://hotcopper.com.au/posts/16446120/single (Mcap: $53.2m)
FCN - Shell Company ? [23/11/2015]
Market Cap 5mil Cash $1.3M - end of Sept Burn $32k per qtr Debt $22k 259M Shares Tech acquisition coming rumours. Minnow mining coy but doesn't look to take it seriously. Price aggressively broke north of the upper Bollinger to provide an opportunity whilst the rumour is in play.. TC. Screen Shot 2015-11-20 at 9.10.59 AM.png [email protected]
Poster: TheCount (STT Accuracy: Unknown) http://hotcopper.com.au/posts/16438584/single (Mcap: $5.2m)
This share is a bit of a grind - its been quite a while since they announced that they were actively searching. Nevertheless, here's their spiel in the latest quarterly: REVIEW OF PROJECTS IN IT AND BIOTECH SECTORS Emergent Resources Limited (EMG or the Company) has allocated part of its working capital budget to the identification and evaluation of opportunities in the IT and Biotech sectors, with a particular, but not exclusive, focus on opportunities in Asia given the strong support for this new direction of the Company’s cornerstone Chinese investors. In this regard the Company during the quarter actively reviewed a number of IT and Biotech projects and significantly narrowed its focus in this regard. The Company appreciates that this process is taking longer than perhaps anticipated, but considers this is as a direct result of its desire to only countenance a high quality investment, and is confident of securing a project that will add significant shareholder value. The Company considers that its combination of corporate and technical expertise, significant financial backing and cash reserves makes it ideally placed to grow through investment and acquisition.
