ASX

Trading Signal Services: Evaluating Your Options

September 18, 2013 by Reporter Leave a Comment

We all want to make money trading the market and trading signal services seemingly make that a lot easier. You simply follow the trading signals provided and (ideally) make a shed load of cash.

But with so many people offering trading recommendations, who do you choose? First and foremost, you need to make sure that the individuals at the company are reputable.

Trading Analysis Signals and performance

Lookup people of interest on LinkedIn, check their endorsements and true work history. Google their name and see what you can find out about them. If possible, also try and arrange a catch up with them over the phone or in person to really get to know them.

In addition to that, you’ll also want to look at past performance. Although past performance isn’t necessarily a guide to future returns, it’s a damn good indicator!

You’ll want to see performance going at least 18 months back. Furthermore, check to see if the return figures have been externally audited. For individual and “small traders”, that may not be possible. However, they should provide some way for you to verify their claimed returns.

For example, if they provide Dow Jones forecasts they should show the past recommendation documents that backup their analysis, gains and losses. Although it may be tedious, look back at market prices to see if in fact they did make the gains that they claim.

The third key feature to evaluate is the “trading style”. Do they aggressively trade in and out of markets? Or do their positions last a few weeks? If their style doesn’t match your style or what you’re looking for, move on. Signing up to a Forex signal service that provides 20 updates throughout the night can become overwhelming if you’re just getting started.

And finally, evaluate their process. One of the reasons why Madoff got away with his elaborate trading scam for so long is because people didn’t question his trading strategy. Ask questions, understand the process and if things seem too good to be true, they probably are.

Australian stock market and new IPO & Floats

April 22, 2013 by Reporter Leave a Comment

Companies that have listed on ASX in the previous two months. Click the Company asx code in 2nd column in table below to check out the current price on Australian markets

Initial public offering (IPO)
From Wikipedia, the free encyclopedia

An initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises.

IPO and recent floats on the australian stock market

Company name	ASX code	Listing date	1st day’s trading
Company name	ASX code	Listing date	Open	Close
CHINA INTEGRATED MEDIA CORPORATION LIMITED	CIK	25/02/2013	0	0
LION SELECTION GROUP LIMITED.	LSX	13/03/2013	0.65	0.69
MALABAR COAL LIMITED	MBC	28/03/2013	1.04	0.84
NAOS EMERGING OPPORTUNITIES COMPANY LIMITED	NCC	26/02/2013	0.98	1
NATIONAL RMBS TRUST 2012-2 SERIES 2012-2	NAH	15/03/2013	N/A	N/A
PERPETUAL RESOURCES LIMITED	PEC	28/02/2013	0	0
SERIES 2012-1E REDS TRUST	RFB	14/03/2013	N/A	N/A
SERIES 2013-1 WST TRUST	WSQ	03/04/2013	N/A	N/A
SPDR S&P WORLD EX AUSTRALIA FUND	WXO	19/03/2013	N/A	N/A
STRATA-X ENERGY LIMITED	SXA	12/03/2013	0.33	0.35
SWALA ENERGY LIMITED	SWE	18/04/2013	0.2	0.19
TALON PETROLEUM LIMITED	TPD	28/02/2013	0.1	0.105
TLOU ENERGY LIMITED	TOU	09/04/2013	0.5	0.53
TORRENS SERIES 2013-1 TRUST	TNB	14/03/2013	N/A	N/A
US SELECT PRIVATE OPPORTUNITIES FUND II	USG	09/04/2013	1.6	1.6

Reasons for listing as an ipo

When a company lists its securities on a public exchange, the money paid by the investing public for the newly issued shares goes directly to the company (primary offering) as well as to any early private investors who opt to sell all or a portion of their holdings (secondary offering) as part of the larger IPO. An IPO, therefore, allows a company to tap into a wide pool of potential investors to provide itself with capital for future growth, repayment of debt, or working capital

Upcoming new floats on the australian market

The entities listed below have made application for admission to the official list of ASX Australian shares. Part of this application process includes the allocation of a provisional ASX code.

It is advisable to obtain investment advice before making any investment decisions relying on information provided on a third party site, and the entity’s offer document should be read in its entirety before any decision to invest in the entity’s securities is made.

Company	Proposed ASX code *	Proposed listing date/time
Austral Resources Limited	AZW	24 April 2013 #
Classic Minerals Ltd	CLZ	TBA
Coke Resources Limited	CKE	TBA
IPB Petroleum Limited	IPB	30 April 2013
Kin Mining NL	KIN	TBA
Laramide Resources Ltd	LAM	TBA
Longreach Resources Limited	LOR	22 April 2013 #
Macquarie Gold Limited	MQX	24 April 2013 ##
Mighty River Power Limited	MYT	10 May 2013 #
Perth Resources Limited	PRD	TBA
Priority One Network Group Limited	POR	Application Withdrawn
Rental Management Investment Trust	RTI	TBA
Shine Corporate Ltd	SHJ	15 May 2013 #
Sino Australia Oil & Gas Limited	SAO	28 June 2013 #
Tropicana Gold Limited	TPO	TBA

*Listing dates are anticipated dates for first quotation of securities set by ASX following completion of admission procedures and proposed dates for first quotation of securities set out in the entity’s prospectus or information memorandum. However, they are subject to change without notice and you may not rely on this information in any way

Public offering
From Wikipedia, the free encyclopedia

A public offering is the offering of securities of a company or a similar corporation to the public. Generally, the securities are to be listed on a stock exchange. In most jurisdictions, a public offering requires the issuing company to publish a prospectus detailing the terms and rights attached to the offered security, as well as information on the company itself and its finances. Many other regulatory requirements surround any public offering and they vary according to jurisdiction.

Public offering without listing
From Wikipedia, the free encyclopedia
A public offering without listing, often called a POWL deal or a POWL, is a form of public equity offering by non-Japanese firms in the Japanese market, without the previously required simultaneous listing on a local exchange. Equity offerings via POWL have been a common part of Asia regional public offerings since the early 1990s, with Japanese investors often taking more than 20% of the offering through this format

if you need more stock tips on the australian stock market you can visit australianstockwatch.com or www.australianpennystocks.com for penny stocks tips and hot shares

Stock market Picks : Toxfree

March 9, 2013 by Reporter Leave a Comment

A 33 % jump in net profit definitely signifies a positive outlook for a company and tox free ( waste management and industrial solutions ) should be happy in the direction they are going.

Toxfree Solutions Ltd (Toxfree) is a integrated waste management and industrial service provider, who provides sustainable waste management solutions for all types of waste including commercial, household, industrial, construction and hazardous waste..

“Tox free” has reported a jump in profit of $10.5 million for the first half of the financial year and its shareholders are pleased with the results.

Website:www.toxfree.com.au

Toxfree share price: $3.450
(Updates every 20 minutes)
Click here for full details

Tox free is a WA owned company and it revenue has risen to 43 percent to 131.6 million with earnings before interest, tax ,depreciation and amortisation up 39 % to 28 million

They have over 30 facilities nationally and employing a team of over 800 people and service over 20,000 customers nationally

Tox free has also been lucky with expansion into the coal seam gas industry in Queensland as a result of its acquisition of Absolute Liquid Waste services earlier which is based in towoomba, which has also added to its rapid growth.

The company has performed very well this year and is in great shape to extend its winning run of earnings growth into the current financial year.

Links

31 December 2012
Toxfree Half Year Results – period ending 31 December 2012

12 December 2012
ASX Announcement Acquisition Absolute Waste – 10-12-2012

http://www.asx.com.au/smalltomidcaps/asx.pdf

More midcap stocks and penny stock picks can be found at australianpennystocks.com

Liability disclaimer : Advice received via the Australian business times web Site should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice tailored to your situation.

Beginner ASX Share Trading Tips

December 5, 2012 by Reporter Leave a Comment

For someone new to changing on the Australian Stock Exchange market, or “ASX”, the process can be a bit overwhelming. Not only is there a seemingly huge learning curve, but you’re actually risking your own money – meaning the stakes are much higher than they are in practice sessions.

No matter how large or small your share trading goals, this guide will help you understand the ASX market, how shares are exchanged, and how you can get started without losing your shirt in the process.

“Trading”: Buying and Selling Shares

To facilitate share transactions, you need an account through some sort of a broker or internet trading platform.

If you want to avoid the hassle of dealing with commissioned brokers, you’ll probably want to use a trading platform such as E*trade Australia . Sites like this allow you to easily manage your portfolio without paying an excessive commission or dealing with anyone in person.

What to Buy?

Once your account is active, this is probably the most difficult part. The entire ends and outs of the share trading game is obviously beyond the scope of this one article, so you’ll want to do plenty of research to understand the market before laying any of your own money down on the line.

As a quick overview of your options, you have two primary options. You can choose to invest in blue chip companies, which are corporate in nature, stable, and consist of large companies who are ideal for long term investments.
On the other side of the board, you have startups, which are somewhat more risky, but much more likely to yield a fast return. This profile makes them better suited for making a quick buck.

If you’re new to trading on the ASX market, you can probably see the advantage of blue chip investments. The long history of stability in these companies makes your investment much more solid. It’s best to save the startup investments for when you have a bit more experience.

Tips for Success

To make the most of your trading experience, there are a few hints to keep in mind. First, before you make any trades, get a thorough feel for the market. Learn the terminology, the structure of the market, and understand basic cause-and-effect behind price jumps.

Second, always formulate a strategy before you start trading. You want to have a clear plan, and follow it closely at all times. Many new traders jump in without clear goals or strategies, and quickly end up in over their head.

Finally, clearly specify your entry and exit rules. Define exactly when you will buy a share, and precisely when you will sell. Doing this removes the newbie trader’s number one enemy, which is the emotional factor. Planned systems produce much greater returns than gut feelings.

Trading on the ASX market is no piece of cake, but with these tips, you’ll be off to a great start!

Australia and Investing In bonds

August 28, 2011 by Reporter 2 Comments

Investing in bonds australia

So what are bonds , well its definetly not this ( Bonds ) nor is it this (Bond J) but according to investinginbonds.com “A bond is a debt security, similar to an I.O.U. When you purchase a bond, you are lending money to a government, municipality, corporation, federal agency or other entity known as an issuer.* In return for that money, the issuer provides you with a bond in which it promises to pay a specified rate of interest during the life of the bond and to repay the face value of the bond (the principal) when it matures, or comes due”.

One of the very first questions that investors who are familiar with shares and funds but not bonds ask is: “Where do I buy bonds?” The bond market is not centralized and there is no bonds freely available like for the stock market. There is no equivalent of the ASX for trading bonds in Australia . Bonds are mostly an over-the-counter (OTC) market where third parties, known as brokers, connect the buyers with sellers.

FREE Online : Paper on Australian Bond markets

Investors wanting capital stability, reliable returns and protection against cyclical downturns are often advised to consider adding bonds to their portfolio. Bonds are a very popular form of investment in the us by the general stock market investors as well as the big managed funds. Investing in Equity is easy, you either buy off the prospectus or off the secondary market (ASX, NSX etc)

After you decide to invest in bonds, you then need to decide what kinds of bond investments are right for you.

Depending on your goals, your tax situation and your risk tolerance, you can choose from municipal, government, corporate, mortgage-backed or asset-backed securities and international bonds. Within each broad bond market sector you will find securities with different issuers, credit ratings, coupon rates, maturities, yields and other features. Each one offers its own balance of risk and reward.

Australian Bond investment Options

There are also a number of large, well-managed banks with diverse global operations, higher capital levels. The high credit quality of these banks, in particular the four major Australian banks( CWB,WBC, ANZ, NAB), HSBC and Rabobank, represent a very low credit risk for investors looking to build a bond portfolio.

Until recently, most bonds were only available in face value parcels of $500,000 but often they can be also be traded through a fixed interest fund. There are a few retail bonds available for less, but the broader market was closed to most retail investors. Some brokers, including FIIG, now offer a service whereby investors can access bonds in parcels of $50,000 each offering more choice, control and diversification without the need to access fixed income through managed funds.

Hybrid/preference shares Australia

A lot of bank issuing “hybrid/preference shares”, which pay a coupon like a bond, and have a fixed face value like a bond. But are actually classed as equity, so if the company decides not to pay a dividend, you get nothing. So these could be more risky then a bond. Government bonds are like no other security in that they are not linked to performance of the economy and so provide diversification and a hedge against economic downturn in a portfolio. “Australian Commonwealth Government bonds” are considered “risk-free” important for those investors that want capital certainty and a regular income.

You can get 7-10% return from bonds, that beats a bank account, and it is a lot safer then shares.
Also if interest rates are falling, then bond prices will be going up, so you will get “capital growth” as well. (You do not get this on hybrids, as the interest rate is not fixed.)

What is a bond ? ( for dummies)

Companies and governments issue bonds to fund their day-to-day operations or to finance specific projects. When you buy a bond, you are loaning your money for a certain period of time to the issuer, be it General Electric or Uncle Sam. In return, bond holders get back the loan amount plus interest payments.

When interest rates fall, bond prices rise, and vice versa. If you hold a bond to maturity, price fluctuations don’t matter. You will get back the original face value of the bond, along with all the interest you expect.

Only Bonds will shine – get your golden bullet now

Buying and selling bonds

You will need to find a broker or financial intermediary to trade because the bond market is largely over-the-counter (OTC). Wholesale bonds, like the Rabobank bond or the HSBC bond trade in minimum face value parcels of $500,000.

While there are a few retail bonds that can be traded in $5000 face value parcels, some brokers have access to a range of bonds that can be traded in $50,000 or $100,000 parcels, providing greater opportunities for diversification. Commonwealth Government bonds and semi-government bonds can be traded in small parcels of just $1000.
There are no fees involved in buying or selling bonds, rather the broker makes a margin between the bid price and the offer price when the transaction is agreed. Buyers and sellers are quoted prices inclusive of the margin , but this can differentiate between brokers.

Insurance bonds in australia

Referred to as tax-paid investments, insurance bonds in Australia are taxed by the fund manager at the corporate tax rate of 30% subject to being held for a minimum of 10 years and do not need to be reported on an investor’s tax return. Where insurance bonds (or investment bonds) are withdrawn within ten years of the investment initially being made, additional tax may be payable by the investor. Investment bonds typically have entry fees of 3%-4%, charged on every contribution including regular savings plans

Gas find In India by Australian company Oilex

September 8, 2010 by Reporter Leave a Comment

Oilex of Australia Finds Gas in Gujarat

Stocks in Mumbai extended gains for the second day. Oilex of Australia strikes large reserves of gas in Gujarat. Indian Oil to expand its refinery production by 25% in North India. UAE based Etisalat may invest in Idea Cellular.

Australia’s Oilex Ltd said on Monday it made huge natural gas discovery in Gujarat that may hold over 1.5 trillion cubic feet of recoverable gas. Industry estimates put the total resources base in the Cambay basin discoveries near the town of Khambat, 160 kilometers south of Ahmedabad, at between 20 to 30 trillion cubic feet, almost equivalent to the reserves of RIL’s eastern offshore KG D-6 fields.

Oilex: Western Australia

Western Australia. WA-388-P: Carnarvon Basin Offshore Western Australia. As part of a developing gas strategy with our Indian partners, Oilex, …
www.oilex.com.au/

Oilex Ltd. is engaged in the exploration for oil and gas, appraisal and development of oil and gas properties, and production and sale of oil. The Company is primarily involved in the exploration, evaluation, development and production of hydrocarbons. It has operations in India, Australia, Oman, Timor-Leste and Indonesia. As at June 30, 2009, its permits included Cambay Field, Bhandut Field, Sabarmati Field, Block 56, West Kampar Block, Joint Petroleum Development Area between Timor-Leste & Australia (JPDA 06-103) and WA-388-P.

Indian Commodity Exchange, the nation’s third-largest commodity bourse by turnover, signed a pact with Federation of Indian Mineral Industries, to develop iron ore futures, it said in a statement. Indian Oil Corp shut a 120,000 barrel per day crude unit at its northern India Panipat refinery late on Sunday for 45 days to boost capacity 25%, its head of refineries, B.N. Bankapur said Monday.

Oilex Australian In India

The most significant component of the Company’s portfolio with the chance of generating significant revenue in the near term is in the Cambay Basin, Gujarat, India. Oilex has material interests of 40%-45% in three “brownfield” re-development projects (Cambay, Bhandut and Sabarmati fields). These fields are currently all producing small to moderate volumes of oil.

The potential for improving the production rate from the existing wells and the scope for full scale redevelopment of the fields are encouraging given that the reservoir distribution is poorly understood and analogies nearby in the Cambay Basin are a fair basis for optimism. Step-out exploration potential particularly in the Cambay contract area is low risk and high reward with the demand for gas and oil in the main heavy industrial corridor of India remaining substantially in excess of domestic supply.

Location of Cambay Basin Fields in relation to the main heavy industrial corridor in Gujarat

Natural gas production in India will rise by over 25% to 180 million cubic meters a day by 2012-13 after Reliance Industries eastern offshore KG D6 field hits peak output. India’s gas production is currently around 143 mmscmd, of which around 42% comes from RIL’s Krishna-Godavari basin D6 fields, a government official said. The Indian Railways approached Nuclear Power Corp of India Ltd for setting up 1,000 megawatt of captive nuclear capacity on its behalf. The proposal put forward by the Indian Railways includes setting up two units of 500 megawatt on railway land. Power generated from the plants will be used by the Railways.

Bhandut and Sabarmati Fields

Oilex acquired 40% in each of Bhandut and Sabarmati Fields onshore Gujarat from Niko early in 2006, subject to the approval of the Government of India. Those approvals were received in January 2007. Each of these fields is producing oil at low rates on an intermittent basis and they are anticipated to be good candidates for re-development. Oilex is the designated Operator of the Sabarmati and Bhandut Fields.

OILEX LTD (OEX) – ASX Listed Company Information Fact Sheet

Exempt Foreign? No. Internet Address, http://www.oilex.com.au/. Registered Office Address, Level 2, 46 – 50 Kings Park Road, WEST PERTH, WA, AUSTRALIA, 6005 …
www.asx.net.au/asx/research/companyInfo.do?by=asxCode

The fields were discovered and developed initially by ONGC of India. Hydrocarbons were found in Oligocene and Eocene sandstones and continued to be produced on an intermittent basis after the fields were acquired by the GSPC and Niko Joint Venture in 1995. Production from the fields has suffered because of sand and water influx and decline in reservoir pressure most likely due to formation damage.

Minor oil production from both fields continues and a forward re-development strategy is being formulated for execution in 2009.

Location Bhandut and Sabarmati Fields, Cambay Basin, Gujarat

[PDF]

Oilex started as an onshore

Indian Oil Group’s Chennai Petroleum Corp Ltd has lined up an investment of Rs 20,000 crore over the next five years for capacity expansion, a top company official said Tuesday. “CPCL is planning to set up a 9 million ton refinery project at Manali, near Chennai at a cost of Rs 10,000 crore. This is to replace the aging 2.8 million ton refinery,” IOCL Chairman B.M. Bansal told reporters in Chennai.

Cambay Field

In July 2005, Oilex entered into an agreement with the Cambay Field Joint Venture, comprising Gujarat State Petroleum Corporation Ltd (“GSPC”) and Niko Resources Ltd (“Niko”) to acquire a 30% participating interest in the Production Sharing Contract (“PSC”) covering the Cambay Field. Oilex acquired an additional 15% equity interest from Niko and now holds a 45% participating interest in the Cambay PSC. The Government of India approved the 30% farmin equity agreement in March 2006 and the approval for the balance of the equity in the PSC was received in January 2007.

Offshore Western Australia

As part of a developing gas strategy with our Indian partners, Oilex, as Operator on behalf of a bidding group with large Indian companies successfully bid for Application Area W05-11 in April 2006. The permit is now designated as WA-388-P. The block lies to the north of the North Rankin, Goodwin and Perseus gas and condensate fields currently being produced for the domestic and LNG gas markets by Northwest Shelf Ventures and to the north of the large gas resources discovered in the Janz/lo area.

Oilex Ltd

PO Box 588, West Perth
WA 6872
Australia

Tel:
61/08 9226 5577

URL:
http://www.oilex.com.au

Formerly known as:

Oilex NL

Primary Symbol & Exchange:

OEX – Ordinary Shares – Australian

Other Symbol & Exchange:

OEX – Dual listed – London

Industry:

Mining

The coming of “Hidenburg Omen” !!

August 25, 2010 by Reporter 2 Comments

what is the Hindenburg omen ?

The hindenburg omen named after famous German airship that crashed in new jersey in 1937 , is a technical indicator that predicts not just a bear market but a stock market crash. As per wikipedia . The Hindenburg Omen is a technical analysis pattern that is said to portend a stock market crash. It is named after the Hindenburg disaster of May 6, 1937, during which the German zeppelin Hindenburg was destroyed.

The core idea behind the Hindenburg Omen, for those of you who haven’t been reading your investment blogs over the last two weeks, is that it’s bearish whenever there are a large number of both new 52-weeks highs and new 52-week lows on the NYSE.

For this crash to happen , the 5 criteria of the Omen should be fulfilled:

1.That the daily number of NYSE new 52 Week Highs and the daily number of new 52 Week Lows must both be greater than 2.2 percent of total NYSE issues traded that day.

2.That the smaller of these numbers is greater than or equal to 69 (68.772 is 2.2% of 3126). This is not a rule but more like a checksum. This condition is a function of the 2.2% of the total issues.

3. That the NYSE 10 Week moving average is rising.

4.That the McClellan Oscillator is negative on that same day.

5.That new 52 Week Highs cannot be more than twice the new 52 Week Lows (however it is fine for new 52 Week Lows to be more than double new 52 Week Highs). This condition is absolutely mandatory.

The Hindenburg Omen is going to make things very bad, very soon, if technical analysts are correct. Never heard of it? You’re not alone. It’s a market anomaly that happens very rarely. However, when it does happen, it can mean we are heading over a cliff, and fast. The last time it happened? June 2008.

The creator of the this omen is a blind mathematician named jim Miekka , said that his indicator is no predicting a market meltdown next month. will this affect australia is it a bad omen for australia only time will tell .

Technorati Tags: Omen the Hindenburg stocks stock market crash technical analysis probability new 52 Week Highs market signals

The Eventual split in fosters.

May 27, 2010 by Reporter 5 Comments

Foster’s Group said Wednesday that it would split its beer and wine businesses, and sending the company’s stocks leaping. Fosters is popular for its local beer business and international wine operations

Splitting Foster’s Wine and Beer Business

The Alcohol and spirit company, which is the largest alcoholic beverage maker in Australia, said in its “demerger proposal” filed to the ASX that it aimed to list the units separately.

“Potential benefits of a demerger include increased transparency allowing investors to more appropriately value each business over time,” the company said, citing the freedom the units’ boards would have to “develop their own corporate strategies.”

The timing of the deal and structure was to be determined, the company said but its completion is unlikely before the first half of next year. Foster’s shares were up 0.38 Australian cents, or 7.379 percent, at 5.53 dollars, or $4.59, at the close in Sydney.

Beer and Wine brands of fosters group

Foster’s stable of Australian premium beer brands includes key brands Victoria Bitter, Crown Lager, Foster’s LightIce, Carlton Cold, Carlton Draught and of course, Foster’s Lager. Fosters wine rag=nge includes names like high-end brands such as Penfolds Grange, Beringer, Chateau St Jean and St Clement.

Beer

Foster’s American business unit, Foster’s Wine Estates, sells a range of premium wines including Beringer and St Clement from California’s Napa, Chateau St Jean from nearby Sonoma and Foster’s range of Australian imported wines.

Foster’s, which produces the beer of the same name, has not done as well with the wine unit, which the company has tried to sell before. “Foster’s wine business is showing signs of growth, but continues to be impacted by oversupply in Australia, subdued consumer demand in key international markets and a strong Australian dollar during the 2010 financial year,” said Ian Johnston, chief executive of Foster’s Group.

Marco Gulpers, beverage analyst at ING, said that while he saw little interest for the wine unit coming from European companies like Pernod and Diageo, there were several possibilities for the beer business.

The brand’s strong Australian heritage and sense of ‘fun’ continues to appeal to consumers seeking to savour the unique taste of Australia’s most famous beer

ASX