Gizmodo Australia
Broadband Booming in Europe As if to underscore the earlier story about broadband in Australia being too expensive, the European Commission revealed today that more than 50,000 homes and businesses get hooked up to broadband every day in the EU. More than half of those have speeds of between 2 and 10 megabits, and a "significant number" of connections are over 10 megabits. It's clear that things are progressing well in Europe; can they progress as well here? Click on the link for more details on why this is happening. [NYT] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/254643384/broadband_booming_in_europe.html - 20/03/2008 12:02:41 PM "It's Cool to Be a Pirate," says Pirate Bay Head The BBC Radio World Service has been running a fascinating documentary series on piracy through the ages, and the third part of the series covers modern piracy â" that is, digital piracy. It features extensive quotes from The Pirate Bay's Peter Sunde, including the one in the above headline (The Pirate Bay is the world's largest â" and most unapologetic â" BitTorrent tracker). It's very much worth a listen if you're interested in copyright issues in the digital age. You can find a link to the story and the podcast here. [BBC Radio World Service via TorrentFreak]
From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/254633885/its_cool_to_be_a_pirate_says_pirate_bay_head.html - 20/03/2008 11:34:59 AM Comms Minister Says Broadband is Too Expensive Communications Minister Stephen Conroy has certainly been chatty lately. The Australian (which has really been on top of the broadband issue) is reporting today that the minister has come out and admitted that broadband in Australia is too expensive and revealed that a Senate inquity into the issue will be held later this year. He also recognised that Australia is one of the few countries in which ISPs meter broadband usage. While this may all sound like it comes from the Department of Duh!, it's actually nice to know that government is aware of these issues and thinking about them, which is rather more than could be said of the previous Coalition government. Labor has even opened up the development of the FTTN to public commentary, as reported by our own Angus Kidman in APC â" although weirdly they're only accepting written comments and not online submissions. I guess that they want to winnow out the more hysterical online forum attendees. [The Australian and APC] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/254625250/comms_minister_says_broadband_is_too_expensive.html - 20/03/2008 11:17:27 AM Canadian Broadcaster To Distribute Show Over BitTorrent It's official: BitTorrent isn't just for pirates anymore. Canadian broadcaster CBC is planning to use the peer to peer technology to distribute a DRM-free episode of "Canada's Next Great Prime Minister" to the world. It's very much an experiment on the part of CBC â" it only intends to release one episode of one show for now, but hey, you have to start somewhere. [Ars Technica] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/254618407/canadian_broadcaster_to_distribute_show_over_bittorrent.html - 20/03/2008 11:02:13 AM Telstra Debuts i-mate Ultimate On Next G  i-mate first showed off its Ultimate 8502 and 9502 models at 3GSM in Barcelona last month, but Telstra is claiming the first actual rollout of the device anywhere in the word. Both the candybar 8502 model ($999) and the slide-out keyboard 9502 (effectively the JASJAM's successor at $1,099) will go on sale for use on the ludicrously speedy Next G network on March 25. A post-paid model will follow on April 8 ($100 a month over 24 months).
From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/254023811/telstra_debuts_imate_ultimate_on_next_g.html - 19/03/2008 1:11:24 PM EU Endorses Mobile TV Standard, Good News For Australia The European Commission has just announced it's backing the DVB-H (digital video broadcasting-handheld) standard for television on mobile phones and other portable devices. DVB-H is the cousin of DVB-T, which is the digital television standard used by Australia, Europe and much of the rest of the world outside the US. DVB-H is a standard that will allow television providers to broadcast digital TV signals that meet the low power and mobility requirements of portable receivers. To translate: it will enable broadcast TV for mobile phones and other portables. Now this news is more important than you'd think for Australia. Details on why after the jump. From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253970865/eu_endorses_mobile_tv_standard_good_news_for_australia.html - 19/03/2008 11:12:29 AM The Nigerians are Back, and This Time They're After Google Calendar Not content with the success of the Nigerian prince, Nigerian scammers have found a new way to rip off the gullible: Google Calendar. BitDefender sent out a press release today revealing that Nigerian scammers are using Google Calendar event invitations to suck people in. Tell your grandparents: if they receive an invite to a meeting about a massive inheritance, ignore it. You can find the full release after the jump. From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253944030/the_nigerians_are_back_and_this_time_theyre_after_google_calendar.html - 19/03/2008 9:52:16 AM New Sony Cyber-shots Dance Into View  Sony held one of its typically OTT launches this week, rolling out five new Cybershot cameras in its T series and W series families. The launch event featured a bunch of apparent talent from the local version of So You Think You Can Dance, but that sort of thing shouldn't be encouraged, we reckon. Sony also showed off some previously announced Handycam models and a bunch of new living room PCs. Camera release and specs after the jump.
From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253934107/new_sony_cybershots_dance_into_view.html - 19/03/2008 9:29:38 AM Internet Overtakes TV as Biggest Time Sucker Nielson Online released research yesterday revealing that in 2007 Australians spent more time on the Internet than in front of the TV. Apparently we spend, on average, 13.7 hours of our leisure time per week surfing the Internet, while we watch 13.3 hours of TV. In 2006, it was 12.5 hours online and 13.8 hours watching TV. Of course, I suspect for your average Gizmodo reader, those number are way out of whack. I mean, only 13.7 hours? Anyway, follow the link for some more nifty facts about how we spend our time. [The Australian] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253934369/internet_overtakes_tv_as_biggest_time_sucker.html - 19/03/2008 9:26:16 AM Carbonite backs up into Australia  First questions first: why would you call an online backup service Carbonite? Apparently, company management wanted something more distinct than all the variants on backupmydatanow.com-type names that you usually see for this kind of service. It seems no-one realised that this would lead to lots of random Star Wars references, but you can't have everything. Anyway, Carbonite, which has been running in the US since 2005, is now available locally for a fairly reasonable $59.95 a year. The big selling points are completely unlimited storage capacity (though you'd have to be careful not to blow your ISP limit using it) and totally automatic operation. Given how lazy practically everyone is about backup, it's got to be worth considering. For now, it's Windows only (XP and Vista), though a version for Mac OS X is scheduled sometime later this y! ear. [Carbonite]
From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253875282/carbonite_backs_up_into_australia.html - 19/03/2008 7:08:06 AM Google Transit Comes to Australia It seems like a small thing to bring the CEO of Google out for, but nonetheless Google chief Eric Schmidt was on hand today to announce that Google Transit was coming to an Australian city near you. It's starting with Perth, with plans to add other Australian cities in the future. Transit is a feature of Google Maps that helps you to plan a trip using public transport options. You enter your start address, end address and departure or arrival time, and Google will tell you how to make it happen with public transport. Of course, Google isn't the only company offering such a service. For example, Sydney's CityRail and State Transit Authority has a trip planner that can be found here. Melbourne has something similar here. From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253400623/google_transit_comes_to_australia.html - 18/03/2008 1:24:35 PM Tesla Roadster Goes into Production After two years of unrelenting hype, the Tesla Roadster electric car has finally gone into regular production. There are few more exciting developments in the world of automobiles than the Tesla Roadster. While the big car manufacturers have been dragging their feet on all-electric cars, US startup Tesla Motors has not only built a practical and functional electric car, but they made it cool as well. Unlike earlier electric cars, it has power, range and a Lotus-built body that makes it look more Ferrari, less Volvo. It's capable of hitting 200kph and can go from 0 to 100kph in about four seconds with the latest transmission. The batteries can push it for about 355kms before a recharge is needed. It takes about 3.5 hours to fully recharge, and its lithium ion batteries are rated to last for 100,000 miles (161,000km). From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253390850/tesla_roadster_goes_into_production.html - 18/03/2008 12:51:02 PM Nokia Announces New Bling-Phones for Oz Nokia made a rather large deal last night of the launch of two new "fashion phones". The Nokia 8800 Arte ($1799) and Nokia 8800 Sapphire Arte ($2099) are the latest iterations of the 8800 line designed for people with too much money to spend on their mobile phones. They were launched in Europe in November, but have finally reached our shores. You can find more images and info below the fold.
From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253398785/nokia_announces_new_blingphones_for_oz.html - 18/03/2008 12:25:35 PM BigPond MD Says Telstra is Best Placed to Implement FTTN Network There's a report in The Australian IT section today that has the managing director of BigPond saying that Telstra is the company best placed to implement the $4.7 billion FTTN network being financed by the federal govenment. Of course, he would say this, with BigPond being owned by Telstra and all. "I can't see how anybody other than Telstra can build a big, scaled and reliable broadband service for Australia because it is such a hard thing to do. It's a huge project ... it relies on a whole bunch of existing infrastructure and clearly Telstra is the right firm to do that job," he told the Australian. Actually, there's a certain logic to what he's saying -- Telstra is the certainly the company with most experience implementing a broadband network in Australia. What has struck me, however, is how strange it would be for Telstra to win the tender, given it's a large part of the problem the government is trying to fix. From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/253424615/bigpond_md_says_telstra_is_best_placed_to_implement_fttn.html - 18/03/2008 11:07:31 AM New Episode of BRAN Online A note from the department of shameless self-promotion: With regular Gizmodo editor Nick Broughall away on holidays, it has been left to the BRAN team to struggle manfully to fill his rather large shoes. While we're doing that, however, we're still producing our regular technology podcast, and episode 84 has just gone online. In it we look at when we're getting the next generation of broadband in Australia, exploding iPod Nanos, the ABC's online broadcasting plans, censorship in SA, Windows on the Eee PC, the Jimmy Wales scandal and more. Check it out here. [BRAN] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/252741339/new_episode_of_bran_online.html - 17/03/2008 12:42:41 PM Quad Core Chips for Notebooks Will Bring Desktop Performance to Portables If you're somebody who thinks that your notebook computer should be able to run performance-hungry games like Crysis at 60fps with everything jacked up to 11, then you'll probably be pleased to know that Intel will be producing at least one quad-core chip for notebooks by the third quarter of this year. The new chip, rumoured to be called the Core 2 Extreme QX9300, will be built using the latest 45nm technology, and it will come out some time after the Centrino 2 platform appears in Q2. Of course, it was only a few weeks ago that Intel officially announced Atom, a very low-power processor that should be popular for sub-notebooks like the Eee PC and other devices in which battery life is at a premium. [IDG/Good Gear Guide] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/252735635/quad_core_chips_for_notebooks_will_bring_desktop_performance_to_portables.html - 17/03/2008 12:19:38 PM Photobucket Backs Down on Baby Photos A few days ago we told you about the banning of pictures of babies in nappies from Photobucket. Photobucket has now backed down, restoring the baby photos and apologising for overreacting. It looks like its no-nudity policy is not quite as strict as first thought. Of course, the main reason we posted this update is so we could run the baby photo to the left again. It's just too cute not to. [CNET] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/252727678/photobucket_backs_down_on_baby_photos.html - 17/03/2008 12:08:25 PM MySpace Copies Facebook: New Apps are Online MySpace has launched a beta of MySpace Apps, which are embeddable widgets based on Google's OpenSocial Platform. They're analogous to Facebook applications, although unlike Facebook apps, they can technically be used on any social networking platform that supports OpenSocial. Much as with Facebook apps, the programs range from the ingenious to the utter ridiculous, but most of them compare well to their Facebook counterparts. There are just under 300 applications available now â" but still no port of Scrabulous (in case you were wondering). [Wired Compiler] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/252715971/myspace_copies_facebook_new_apps_are_online.html - 17/03/2008 11:24:41 AM Sensis Developing iPhone Apps, But Telstra Still Not Confirmed as Carrier In spite of the fact that we don't even know when the iPhone will hit our shores, Telstra's Sensis has already started development of iPhone applications. It has been advertising for iPhone developers across several sites. This has naturally led to speculation that Telstra will be Apple's partner for the Australian launch of the iPhone, but Sensis is still saying it doesn't know who the iPhone carrier will be, and that it will want to work with the iPhone irrespective of who has it. [SMH] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/252702727/sensis_developing_iphone_apps.html - 17/03/2008 10:50:28 AM Apple to Open up to Three Australian Stores Apple has plans to open three Apple Stores in Australia this year. Previously, only the three-story outlet in Sydney's CBD was confirmed, but it has now been revealed by job ads on the Apple Web site that Sydney's Chatswood and Melbourne's Chadstone will also have stores.
From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/251176894/apple_to_open_up_to_three_australian_stores.html - 14/03/2008 2:02:43 PM Bigger Screens Make You More Productive, According to NEC Study NEC has published the results of study (funded by them and run by the University of Utah) that shows users are more efficient when working on big screens. The study apparently found that for the test subjects, moving from an 18" to 24" display reduced task completion time from eight hours to five and a half hours. While this seems highly implausible to us, you can't argue with stats, right? Anyway, you can find the full details after the fold. From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/251157120/bigger_screens_make_you_more_productive_according_to_nec_study.html - 14/03/2008 1:38:35 PM No More Nude Babies, says Photobucket Anne Geddes would be appalled. Photobucket has banned images of babies in nappies from its site, saying that they violate its no-nudity policy. It says the policy applies to people of any age. This was discovered after a US diaper company running a baby photo competition using Photobucket had all of its entries deleted by the image sharing service. CNET has the full scoop, and while this policy on the surface might seem ridiculous, you can kind of see where it's coming from. At what age, for example, should they set the nudity cutoff? I'm sure Photobucket doesn't want to be tackling this kind of issue, so has sensibly decided that there will be zero-tolerance. [CNET] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/251147043/no_more_nude_babies_says_photobucket.html - 14/03/2008 1:10:01 PM Technology Review's Top 10 Emerging Technologies of 2008 The MIT-published Technology Review has just released its Top 10 Emerging Technologies of 2008 issue, and its list contains some seriously esoteric subjects. Of course, this annual list has always been a bit weird, often focussing not on the practical applications of technology but the (frequently obscure) scientific developments that its editors think have the most potential to change human existence in the future. From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/251140012/technology_reviews_top_10_emerging_technologies_of_2008.html - 14/03/2008 12:57:17 PM .Asia is Hot for Sex The .asia domain recently became available for registrations, and according to iTWire domain names for porn sites are proving most popular. It says that more than 300 domain names beginning with 'sex' had multiple requests and will have to be auctioned off to the highest bidder. According to The DotAsia Organisation, which manages the domain, the top 5 most requested domains during the "Landrush" period were hot.asia, gold.asia, buy.asia, fun.asia and girl.asia. During the initial "Sunrise" period of domain name registration, sex.asia was the most requested.
From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/251116809/asia_is_hot_for_porn.html - 14/03/2008 11:39:38 AM Linksys Media Center Extender DMA2200 Reviewed I'm a huge fan of home media servers, but the enduring problem with them is that the available network media streaming appliances have, by and large, sucked. The Xbox 360 recently received a firmware update that improved its capabilities, but a hacked Xbox running Xbox Media Center (XBMC) is still probably the best product available for the job. CNET, however, has recently published a review of the Linksys DMA2200 that might have me changing my mind on that. It supports all the codecs that people are actually interested in using (Divx, Xvid, Windows Media, H.264 and MPEG1, 2 and 4), which is not something that can be said of, say, the Apple TV. It can stream and control live TV from a PC, effectively turning your PC into a remote PVR. It also supports 802.11n networking, which is enough to do HD over wireless. Anyway, if you're interested in knowing more, just follow the link. [CNET] From http://feeds.gizmodo.com.au/~r/GizmodoAustraliaAU/~3/251105944/linksys_media_center_extender_dma2200_reviewed.html - 14/03/2008 11:18:37 AM BBC News | Programmes | Click | World Edition
Next generation games review Click's Marc Cieslak takes a look at some of the upcoming games titles on release in the coming weeks. From http://news.bbc.co.uk/go/rss/-/2/hi/programmes/click_online/7296412.stm - 15/03/2008 1:08:01 AM Webscape In her weekly web review Kate Russell finds some bizarre and beautiful photos and some video how-to-guides. From http://news.bbc.co.uk/go/rss/-/2/hi/programmes/click_online/7294455.stm - 14/03/2008 8:46:34 PM Australian Stock Watch
Financial sector rises High on Australian market Australian shares up more than 3 percent; financial stocks lead gains.Australian shares closed sharply higher on Wednesday as financial stocks soared after a Federal Reserve rate cut and better-than-expected results from Goldman Sachs (NYSE:GS) and Lehman Brothers (NYSE:LEH) soothed anxiety over the troubled credit markets. The Fed cut its benchmark fed funds rate by 75 basis points to 2.25 percent overnight to its lowest level since December 2004, and signalled it was prepared for further cuts if needed. Overnight, the Dow posted its biggest one-day point gain in more than five years, spearheading a rally in global equity markets.
Europe, Asia; UBS, National Australia Gain Stocks rose in Europe and Asia for a second day as the Federal Reserve's cut i! n interest rates helped bolster speculation banks will weather the credit-market turmoil and China Mobile Ltd. reported higher-than-expected earnings. UBS AG, Europe's largest bank by assets, and National Australia Bank Ltd. led financial shares higher. China Mobile, the world's biggest wireless operator by users, climbed in Hong Kong. Visa Inc., the largest payment-card network, is set to start trading today in New York after underwriters sold shares for more than the company had forecast. The MSCI World Index added 0.6 percent to 1,432.36 at 8:05 a.m. in London as all 10 industry groups except utilities gained. Futures on the Standard & Poor's 500 Index slipped 0.2 percent. The S&P 500 yesterday rallied the most since October 2002 as earnings from Lehman Br! others Holdings Inc. and Goldman Sachs Group Inc. eased concern investment banks are collapsing and the Fed cut its benchmark rate by three-quarters of a percentage point. ``Liquidity shouldn't really be the problem now'' after the rate cuts, Andy Lynch, who helps manage about $10 billion at Schroder Investment Management in London, said in an interview with Bloomberg Television. ``We are going to see short, sharp rallies.'' Morgan Stanley, which analysts expect to report a 57 percent drop in first-quarter profit today, will likely join Goldman Sachs and Lehman in reassuring investors it has ample cash reserves. Europe's Dow Jones Stoxx 600 Index added 0.7 percent. The U.K.'s FTSE 100 rose 0.6 percen! t, as did Germany's DAX. France's CAC climbed 1 percent. 'We also go into the Easter break which may lead to markets being relatively quiet tomorrow.' Trading on the Australian share market will be shortened tomorrow. It will close at 2.10 pm and will be closed on Friday and Monday. The S&P/ASX 200 closed up 203 points or 4.0 percent at the day's high of 5,289.1. The All Ordinaries added 185.4 points or 3.6 percent to 5,349.2. Wesfarmers has decided to hang on to Coles' underperforming general merchandise arm, Kmart. Wesfarmers had considered selling off the struggling chain after it took over the Coles empire last year. But the Perth-based conglomerate announced today it had concluded its strategic review of Kmart with a decision to retain the chain and "invest in its co! ntinuing improvement".Australian diversified conglomerate Wesfarmers added 1.76 dollars or 5 percent to 37.10 dollars. Wesfarmers today said it will retain its Kmart business, encouraged by an improving performance and growth prospects.
The S&P/ASX 200 March futures contract was up 197 points at 5,295. The yield on the 10-year bond rose 0.094 percentage point to 6.057 percent, while the yield on 90-day bills gained 0.028 percentage point to 7.808 percent. Among the big banks, National Australia Bank (OOTC:NABZY) was up 2.06 dollars or 7.4 percent at 29.80 dollars and ANZ Banking Group rose 1.69 dollars or 8.0 percent to 22.69 dollars. Commonwealth Bank of Australia was up 2.43 dollars or 6.5 percent at 40.00 dollars and Westpac Banking (NYSE:WBK) was 1.52 dollars or 6.8 percent higher at 24.00 dollars. Australia's leading investment bank, Macquarie Group (OOTC:MCQEF) , surged! 6.18 dollars or 13.7 percent to 51.25 dollars, while its second-largest, Babcock & Brown (OOTC:BBNLF) , added 85 cents or 6.7 percent to 13.55 dollars. 'Based on fundamentals, the banks are continuing to look cheap and as such we believe this presents an opportunity for long-term investors,' Goldman Sachs JBWere said in a note to clients. 'However, given uncertainty around the fallout from the US credit crisis and potential bad debt losses, in the short term sentiment is likely to continue to remain negative,' it said. Resource stocks also rallied following higher base metal prices on the London Metal Exchange overnight. Index leader BHP Billiton (NYSE:BHP) was up 1.25 dollars or 3.5 percent at 36.95 dollars, while rival Rio Tinto was up 3.19 dollars or 2.6 percent at 125.99 dollars. Takeover target Midwest Corporation rose 13 cents or 2.4 percent to 5.65 dollars. The iron ore miner today said it was worth at least 7 d! ollars a share, which is more than an offer of 5.60 dollars by China's Sinosteel Corp. From http://netmillionare.blogspot.com/2008/03/financial-sector-rises-high-on.html - 19/03/2008 8:45:00 PM David Haselhurst has joined money magazine A particularly interesting interview was the last one, with David Haselhurst. Haselhurst writes 'The Speculator' column with The Bulleting. Over thirty odd years, the imaginary portfolio that is held by that column has outperformed even Berkshire Hathaway.  The Success of David Haselhurst The problem is that the portfolio has remained just that: imaginary. Haselhurst does not trade in shares that he writes about, worrying that to do so is to engage in a conflict of interest. Obviously, Rene Rivkin and he did not read the same book on journalist ethics. Each chapter is followed by a thre! e or four line summary, presented as a 'Quick Lesson.' These can be very simple (don't trust what companies claim on their own websites) to more complex (discounting future revenue growth by some estimated cost factor). The chapters are short and the science not too challenging. This is a good little book that makes for good reading in a place such as an airport lounge. As inevitable as it may have been, the closure of The Bulletin is a tragedy for Australian journalism (writes Simon Canning). For 128 years the magazine was a cradle for news and opinion with a particularly Australian point of view. At times those views went beyond racist, yet it gave Australianâs a clear view of their place in the world. What they are talking about him in forums http://phorums.com.au/archive/index.php/t-170037.html Ext User(BernardZ) 16-04-2006, 02:03 PM How highly do you rate this guy advice for shares. Going by the figures that the bulletin shows he seems to be amazingly correct. Ext User(binaryboy) 17-04-2006, 11:33 AM BernardZ wrote: > How highly do you rate this guy advice for shares. > > Going by the figures that the bulletin shows he seems to be amazingly > correct. Not sure about his tips other than to say if everyone else who reads the Bulletin is acting on them too then there wouldn't be any special advanatge as the market would adjust pri! ces accordingly. The only other insight I can offer is that he seems to like at a beer or two at regular intervals at my local in Paddo. Whether this improves his deduticve skills or not for picking undervalued penny dreadfulls is debatable. Regards, BB Ext User(roger & shirley boyd) 17-04-2006, 11:43 AM He does seem to be successfull. I have noticed that he runs a bank overdraft each week of around $13000 and does not seem to place an interest expense relating to this at the end of the year. Also do his figures each week include brokerage fees ? "binaryboy" wrote in message news:1145231417.249232.40590@e56g2000cwe.googlegroups.com... > BernardZ wrote: >> How hig! hly do you rate this guy advice for shares. >> >> Going by the figures that the bulletin shows he seems to be amazingly >> correct. > > Not sure about his tips other than to say if everyone else who reads > the Bulletin is acting on them too then there wouldn't be any special > advanatge as the market would adjust prices accordingly. > > The only other insight I can offer is that he seems to like at a beer > or two at regular intervals at my local in Paddo. Whether this improves > his deduticve skills or not for picking undervalued penny dreadfulls is > debatable. > > Regards, > > BB I loved reading it and i loved David Haselhurstâs article. I wish they change their mind and decide not ... Please tell me where David Haselhurst is going. ... > Archives of the Bulletin start We've rewired The Bulletin The Bulletin goes online at ninemsn ninemsn.com.au/bulletin Sydney, NSW - August 8, 2001 - Australia's premier news and current affairs magazine, The Bulletin, is now available online through Australia's largest online network, ninemsn. "The Bulletin is keeping in step with the needs of people in the 21st century. This online edition of The Bulletin will ensure that even more Australians can have access to our highly respected reporting and commentary on the nation's to! p news and current affairs issues," said Editor-in-Chief Mr Paul Bailey. [PDF] File Format: PDF/Adobe Acrobat - View as HTML The complete online version of The Bulletin is automatically available for existing and new subscribers to the hard copy edition of the magazine. "Publishing The Bulletin online thro! ugh ninemsn means that The Bulletin can even further extend its reach," said ninemsn's Director of Network Businesses, Mr Alex Stewart. "The ninemsn network has a reach of over 77 percent to all online Australians, which equates to around four million unique visitors each month. "In July alone, unique visitors to our news and current affairs sites numbered almost one million, recording over seven million page impressions.¹  The Success of David Haselhurst "We know that our customers are voracious news and current affairs followers, and this partnership with The Bulletin online will be welcomed by our aud! ience," said Mr Stewart. The online version of The Bulletin will provide subscribers access to the complete range of content contained in the hard copy version, as well as access to The Bulletin's range of highly respected columnists, including Canberra's most experienced press gallery columnist Laurie Oakes, national affairs editor Tony Wright, economics, business and political commentator Max Walsh, as well as columnists Catharine Lumby, Maxine McKew and Virginia Trioli. ninemsn.com.au/bulletin will also publish informative articles by business experts Ivor Ries, Alan Deans and Deborah Light, together with personal investment writer Peter Freeman, property writer Pam Walkley, and the share-tipping column 'Speculator' by David Haselhurst. In addition, Bulletin regulars will appear on the website: Michael Maher on Asia Pacific affairs; Josh Gliddon on computers and technology; and Diana Bagnall on social trends. It will also include 'Not the News' columnist an! d cartoonist Patrick Cook. The site will have weekly film, books, arts and music reviews, and a guide to what's on in the arts. Limited access will be available to non-subscribers. Subscriptions to the hard copy of the magazine cost $99 for 12 months, and $179 for 24 months. Ends The Speculator (David Haselhurst) in todayâs Bulletin magazine bought into Amadeus Energy on the strength of its recently successful exploration program in ... www.aussiestockforums.com/forums/archive/index.php/t-1958.html - 17k - 'Never fall in love with a stockâ - Eureka Report PORTFOLIO POINT: In 34 years of writing about the sharemarket, David Haselhurstâs tips have earned better ! than 20% in 25 years and better than 100% in 10 ... www.eurekareport.com.au/iis/iis.nsf/ak/ppGQnQ?opendocument - 41k - Finance Blog writers Peter Guy, Private Investor; Marcus padley Justin Bown, Stern Stewart; Michael Delaney, MTAA Superannuation Fund; Jeremy Duffield, Vanguard Investments; Peter Hall, Hunter Hall; Anthony Starkins, First Samuel; John Bugg, Small Equities, Macquarie Bank; Roger Montgomery, Clime Capital; Mark Delaney, Australian Super; Don Williams, Platypus; Kerr Neilson, Platinum; Han Lee, Prime Value; Peter Doherty, Capital Partners; and David Haselhurst, The Bulletin. Also check out Marcus padley , One of the financial column writers whose style i quite like  From http://netmillionare.blogspot.com/2008/03/david-haselhurst-has-joined-money.html - 14/03/2008 7:26:00 PM Banks stocks rises as the Resources stocks struggle Banks stocks regain some ground It has been another rocky day on the Australian share market, which has touched a fresh low for 2008 falling by as much as 2.1 per cent. But stocks have erased some of the losses late in trade, to close 1.2 per cent lower. Australian business confidence held close to the lowest in more than six years after the central bank raised interest rates and stock markets tumbled today again. The All Ordinaries Index shed 65 points to 5,211 and the ASX 200 dropped 46 points to 5,134. Initially the banking stocks were lower, but they have c! lawed back as investors deserted the resources sector. All of the big banks have closed above 2 per cent, with ANZ and Westpac both up around 4.3 per cent. The mining index has fallen to its lowest level in almost a month on weaker base metals prices. Rio Tinto shed 5.7 per cent to $119.30. BHP Billiton dropped 4.6 per cent to $35.59. British company Consensus Business Group has put forward a bid for Challenger Infrastructure Fund, valuing each share at $3.50. Challenger's shares have gained 23.1 per cent to $2.98. Investor Presentation and Business Update Sydney Morning Herald, Australia - 9 hours ago ... Announcements Australian Stock Exchange Limited By electronic transmission 11th March 2008 Dear Sir Investor Presentation and Business Update Attached ... Challenger Infrastructure Fund Shares Surge on Offer (Update2) Bloomberg - 2 hours ago Consensus Business is offering to buy the fund's 303.5 million Class A securities listed on the Australian Stock Exchange and 45 million unlisted Class B ...  Geelong Advertiser
Allco, the giant that eats itself Sydney Morning Herald, Australia - 19 hours ago ... Allco HIT, the Australian Stock Exchange-listed asset financing business, indicated it would pursue steps to recover a $45 million loan to a subsidiary ... Concern for Tigers over mistaken sponsor Real Footy Administrators take over Allco fund The Age all 102 news articles » Western Areas May Add Copper, Zinc to Nickel Assets (Update1) Bloomberg - 10 hours ago The company's shares fell 14 cents, or 2.1 percent, to A$6.53 today on the Australian Stock Exchange. Western Areas has risen 67 percent in the past year in ... Hochtief Shares Decline After Drop in Australian Unit's Stock Bloomberg - 19 hours ago Stock of Leighton, in which Hochtief holds a 54 percent stake, fell 8.7 percent. Foreclosures in New South Wales, Australia's biggest state, are set to rise ... Leighton Posts Biggest Three-Day Fall in Four Years (Update1) Bloomberg
Explosives producer Dyno Nobel has gained 6.4 per cent to $2.49. Fertiliser company Incitec Pivot has issued a $3.3 billion takeover bid for the company. Incitec has shed 12.1 per cent to $130.94. Shares in ABC Learning bounced again today, they were up more than 8 per cent to $1.68. Official figures out today show continued resilience in the housing market. The number of owner-occupier home loans secured in January rose by 2.3 per cent from the month before. And there are more signs that economic growth is easing. National Australia Bank's business survey shows actual co! nditions continue to deteriorate with profits, sales and new orders falling. And an ANZ survey shows job advertisements for February dropped for the first time 15 months. About 5:00pm AEDT Australian dollar was buying 91.95 US cents, 45.78 UK pence, 93.71 Japanese yen, and 59.87 euro cents. A barrel of West Texas crude oil was worth $US107.90 and spot gold was fetching $US972 an ounce. 3x genialer Audiocontent auf Englisch der mich auf dem Laufenden hält, mir einen anderen Blick über den groÃen Teich ermöglicht und mir nebenbei vielleicht die ein oder andere Englisch Vokabel verspricht. Die Links gehen direkt zu iTunes. - Time Business Podcast - Jede Woche eine interessante Entwicklung oder eine Geschäftsidee aus den globalisierten Märkten von Heute.
- Business English 2.0 - Analysen von Sprache und Vokabular aus dem Umfeld von Social Web und Co. und die Gedanken dazu.
Auch auÃerhalb von Business und Economy sind die Podcasts Kollektionen von Time und NewYorkTimes auf jeden Fall einen Blick wert. This blog aims to explore some of the concepts within finance, investing and the stock market that seem so foreign to most of us. It will provide bite size ... www.jamescox.com.au/tag/news/ - 24k - Cached - Similar pages Blog chronicling a college student's journey into the world of stock market. Features financial analysis, stock market commentary, business news, ... au.dir.yahoo.com/News_and_Media/Business/Blogs/ - 64k - Cached - Similar pages The Age - World News, Finance News & Breaking News - Melbourne, Australia Skip directly to: Search Box, Section Navigation, Content. Text Version. ... www.theage.com.au/ - 106k - Cached - Similar pages Robin Bowerman discusses personal finan! ce strategies and issues that can make ... News Blog.. Get the story behind the stories on the site along with some ... www.news.com.au/blogs/ - Similar pages ~~ Lets make Some $$ ~~ From http://netmillionare.blogspot.com/2008/03/banks-stocks-rises-as-resources-stocks.html - 11/03/2008 5:29:00 PM Australian Market shocking $114 Billion Down Australian shares fell 3 per cent to a six-week low on Friday, with financial firms leading declines, on fears that more credit market problems would tip the US into a recession and drag global economies down with it.
THE Australian share market is in a quandary with confidence badly sapped by bad news about careless lending and investment here and overseas, leaving all but the bravest investors on the sidelines in a week when share losses approached $114 billion. As another volatile session stripped 3.2 per cent from the S&P/ASX 200 Index yesterday, stock advisers were at a loss to explain the steep drops, saying investor resilience had been shot to pieces with an absence of institutional buying, made worse by hedge fund short selling continuing to feed off the dismal sentiment. The benchmark! S&P/ASX 200 index dropped 163.6 points to 5,271.9 by 0044 GMT, its lowest level seen January 23 and after rising 1.1 per cent in the previous session. New Zealand's benchmark NZX-50 index fell 1.6 per cent, or 56.11 points, to 3,547.72. Top stock Telecom Corp Ltd was down 2.5 per cent at NZ$3.83. Australia's stocks fell, rounding out the Australian All Ordinaries Index's biggest weekly loss in two decades, after U.S. foreclosures reached a record and commodity prices dropped. National Australia Bank Ltd. tumbled to a three-year low, leading financial companies lower, on concern home-loan defaults will provoke more credit losses. BHP Billiton slumped for the first time in four days after a decline in metals prices. THE share market is in freefall, with $114 billion lost on the share market this week and more losses to come as panic takes over. WESTPAC last night became the second big bank to raise rates on variable home loan by more than the RBA rate hike as mortgage rates near 10pc. MARGIN calls and hedge fund selling are driving share prices down of financ! e stocks including Babcock & Brown and there's no end in sight. Asian stocks fell, completing the biggest weekly drop since August, as record home foreclosures in the U.S. fueled speculation global loan defaults will increase. Financial stocks led the decline. National Australia Bank Ltd. fell to the lowest in more than three years in Sydney and Sumitomo Mitsui Financial Group Inc. dropped in Tokyo as gauges of credit risk in the region rose to records. Sony Corp. and Nintendo Co. led declines among companies reliant on U.S. sales. BHP Billiton, the world's largest mining company, retreated on lower metal prices. ``All the uncertainty in the U.S. and surrounding the credit crunch is bearing down again on markets around the world,'' said Shane Oliver, who helps manage the equivalent of $113 billion at ! AMP Capital Investors in Sydney. ``Asian markets look like they're going to re-test their January lows.'' The MSCI Asia Pacific Index slumped 2.6 percent to 140.18 as of 7:20 p.m. in Tokyo, taking its loss in the past five days to 5 percent. The benchmark has declined 11 percent this year and touched a 14-month low on Jan. 22, on concern a housing slump will drag the U.S. into a recession. The MSCI index's weekly loss is the most since the period ended Aug. 17, when stocks fell amid speculation U.S. mortgage lender Countrywide Financial Corp. would go bankrupt. Japan's Nikkei 225 Stock Average retreated 3.3 percent to 12,782.80. It declined 6 percent the past five days, the biggest loss since the week ended Aug. 17. Australia's S&P/ASX 200 Index tumbled 3.2 percent, the most in a month. Financi! al companies: National Australia Bank Ltd. (NAB AU), the country's largest bank, slipped A$1.53, or 5.4 percent, to A$26.93, its weakest close in more than three years. Commonwealth Bank of Australia (CBA AU), the second-largest, declined A$1.22, or 3 percent, to A$39.35, its lowest close since October 2005. Macquarie Group Ltd. (MQG AU), Australia's biggest securities firm, dropped for a seventh straight day, sliding A$1.57, or 3.3 percent, to A$45.43, ending the week 15 percent lower. Babcock & Brown Ltd. (BNB AU), Australia's second-largest investment bank, plunged A$1.54, or 9.9 percent, to A$13.96, its biggest decline in seven weeks. Mining, materials companies: BHP Billiton (BHP AU), the world's largest mining company, fell 92 cents, or 2.3 percent, to A$38.88, the biggest decline in the S&P/ASX 200's group of ma! terials-related stocks. Rio Tinto Ltd. (RIO AU), which is resisting a takeover by BHP, declined A$4.8, or 3.5 percent, to A$131.20, the lowest since Feb. 13. Bluescope Steel Ltd. (BSL AU), Australia's largest steelmaker, decreased 38 cents, or 3.5 percent, to A$10.40, the lowest since Feb. 12. Technorati tags: yahoo business, google finance beta, msn money, msn finance, Yahoo money, Google m! oney, India money, Traderji, Trading forums, Trading Secrets, trading formulas, Trading videos, stock market videos From http://netmillionare.blogspot.com/2008/03/australian-market-shocking-114-billion.html - 8/03/2008 3:39:00 PM Indian stock market crash leads the fall in asia stock markets Sub-prime woes impact sentiment, farm-loan waiver hits bank stocks. Indian markets continued to be gripped by the pessimism afflicting global markets after the benchmark equity indices fell the most in Asia on Monday. This followed a 3 per cent fall in the S&P 500 index on Friday owing to a deepening of the sub-prime, or high-risk home loan market, crisis in the US.
The fall in Indian stock markets on Monday reflect what is happening globally and there was not much cause for worry as India's growth stock was intact, Finance Minister P Chidambaram has said. "You switch on the TV at 10 a.m. I switch it on at 8 p.m. I see what has happened to Hang Seng, Nikkei," the finance minister told a post-budget interaction with Indian industry at the Vigyan Bhavan conference centre here. "The Asian markets have slipped today (Monday) because of! the fears of a recession in the US. And what is happening in India only shows that we are not as decoupled as we may think we are," he said Shares of banking companies, which have been impacted due to the Rs 60,000-crore agri-loan write off in the Union Budget, led the fall. The Bombay Stock Exchangeâs 30-share Sensex ended at 16,677.88 points, lower 900.84 points or 5.12 per cent. The broad-based 50-share Nifty ended at 4,953 points, down 270.5 points or 5.18 per cent.
All the other Asian markets including Japanâs Nikkei (down 4.49 per cent), fell less than the Indian markets, though experts stressed the Indian economy was de-coupled from a US recession. Ref : http://www.business-standard.com/common/news_article.php?leftnm=lmnu6&subLeft=1&autono=315737&tab=r Top 5 Sensex losers Name Mar 03 % Chg* SBI 1923.40 -8.83 DLF 714.70 -8.44 HDFC 2571.35 -8.25 BHEL 2099.45 -8.00 Hindalco 189.90 -6.43 Top Sensex gainers Name Mar 03 % Chg* Cipla 211.65 2.12 HUL 231.80 1.96 Ranbaxy Labs 450.55 1.08 Maruti Suzuki 874.30 0.82 * Change over previous close
Mondayâs fall, which was the worst since the January-end crash, has wiped out Rs 2,78,593 crore in market values. The current Sensex level is below the 200-day (one-year) moving average, indicating further weakness in coming days. Asia/Pacific Mar 03 Net Chg* % chg* Nikkei 225 12992.18 -610.84 -4.49 Straits Times 2926.55 -99.90 -3.30 Hang Seng 23584.97 -746.70 -3.07 Jakarta Composite 2652.31 -69.63 -2.56 Kospi 1671.73 -39.89 -2.33 Taiwan Taiex 8262.87 -149.89 -1.78 ! Shanghai Composite 4438.27 89.72 2.06 * over previous close
While the Sensex fell well below the 17,000-mark, the National Stock Exchangeâs Nifty is also below the psychologically important 5,000-mark. European markets, which opened lower with FTSE (down 1.59 per cent or 93.7 points) and Germanyâs DAX (down 115.24 points or 1.71 per cent), exacerbated the sell-off in the Indian markets towards the closing hours of the trading session. The Japanese yen, which advanced to a three-year high versus the dollar on Monday, also forced foreign investors to sell equity in emerging markets such as India. Foreign funds, especially hedge funds, had borrowed cheap money from Japan to invest in booming emerging markets over the past couple of years. Top 5 market falls âMondayâs market fall had a lot to do with global cues. However, valuations have become attractive and we are advising people to take ! this opportunity to build up their portfolio in a gradual manner,â said Jignesh Shah, Head of Equities, Private Banking, ABN AMRO Bank. Foreign institutional investors were major sellers in the market, selling equities to the extent of Rs 711.31 crore, making their total sales this year Rs 34,200 crore. Domestic institutional investors (DIIs) provided poor support, buying equities of around Rs 80.47 crore. Heavy selling was seen at banking counters with banking biggies such as State Bank of India (down 8.83 per cent to Rs 1,923.40 a share) â" also the biggest index loser â" ICICI Bank (down 6.1 per cent to Rs 1024.45 a share) and Punjab National Bank (down 9.65 per cent to Rs 545.85 a share). Morgan Stanley downgraded banks including State Bank of India, Punjab National Bank Ltd, Corporation Bank and Canara Bank after they faced lower profitability on account of a cut in lending rates last month. Financial services stocks such as India Infoline (down 10.81 per cent to Rs 996.25 a share), Motilal Oswal Financial ! Services (down 6.53 per cent to Rs 858.7 a share), Religare Enterprises (down 5.73 per cent to Rs 433.90 a share) and Edelweiss Capital (down 9.21 per cent to Rs 774.55 a share) suffered a hit after the market struggled to digest the securities transaction tax set-off against business income. Volumes in the market continued to suffer as a total of 25.6 million shares and 47 million shares changed hands on the BSE and NSE respectively. Market breadth remained extremely weak with 396 advances to 2,330 declines. 
Change in BSE, NSE trading timings from today Market crash to send QIP plans into a tailspin Short-term portfolios hit most by the fall B12 stocks shifted to A group Budget for you Volumes of comexes up, players expect transaction tax rollback DSP Merrill eyes Rs 150cr from new fund in Gujarat Taxes set to axe volumes From http://netmillionare.blogspot.com/2008/03/indian-stock-market-crash-leads-fall-in.html - 4/03/2008 3:54:00 PM Oxiana and zinifex Merge News - up 14% from last closing price Oxiana website - http://oxiana.com.au/ Zinifex website - http://zinifex.com.au/ Zinifex shareholders will receive 3.19 Oxiana shares for each share held by them. The offer values Zinifex shares at A$12.68 each, up 14% from last closing price Australian miner Oxiana Ltd. has agreed to purchase rival Zinifex Ltd. for A $6.2bn (US$5.8bn) in an all-stock deal, forming a A$12bn miner and the world's second-largest producer of zinc. Under the agreement, Zinifex shareholders will receive 3.19 Oxiana shares for each share held by them, the two Melbourne-based companies said in a statement today. The offer values Zinifex shares at A$12.68 each, 14% more than the last closing price. Aussie stocks lower; Just Group advances 55 minutes ago, source: REUTERS SYDNEY, March 4 (Reuters) - Australian shares fel! l 0.5 percent on Tuesday, adding to steep falls in the previous three sessions, as credit concerns and a widely expected rise in domestic interest rates weighed down on financial firms. Aussie stocks extend losses as banks fall 1 hour and 43 minutes ago, source: REUTERS SYDNEY, March 4 (Reuters) - Australian shares fell 0.7 percent on Tuesday, adding to steep falls posted in the previous three sessions, as lingering credit concerns and a widely expected hike in domestic rates pressured financial firms. Oxiana, which is trading at 19 times estimated earnings, fell 10 cents, or 2.5%, to A$3.87 on the Australian Stock Exchange at 2:05 p.m. Sydney time. Zinifex, which trades at 11 times earnings, rose 96 cents, or 8.6%, to A$12.09. Oxiana and Zinifex shareholders will own 50% each. Zinifex CEO Andrew Michelmore will head the merged entity. Oxiana will more than double sales, boost zinc output fivefo! ld and gain lead and silver projects in Australia and Canada, adding to copper and gold output. Zinifex brings A$2.2bn of cash to fund new projects and acquisitions. The combined Oxiana and Zinifex, would have had A$2.8bn in revenue and net profit of A$918mn in 2007, the companies told the Australian Stock Exchange. The combination will have A$2.5bn in cash, with Zinifex contributing A$2.2bn after selling its stake in smelting unit Nyrstar NV. "Both the companies believe in strong growth continuing for the minerals we produce," Michelmore, 55, said in a teleconference. "There is no hesitation in saying let's put the two companies together." Oxiana Chairman Barry Cusack will retain his position in the combined company. Oxiana's CEO Owen Hegarty, 59 will become a director. Oxiana owns the Sepon gold and copper mine in Laos, the Golden Grove zinc, copper and gold mine in Western Australia and is spending A$1.1bn developing its Prominent Hill copper and gold pro! ject in South Australia. Aussie stocks firmer; banks, resources gain 2 hours and 24 minutes ago, source: REUTERS SYDNEY, March 4 (Reuters) - Australian shares rose 0.6 percent on Tuesday, as financials recovered from steep losses posted in the previous three session, and as commodity firms gained on record high oil and strong metal prices. Jucy to take its vans into Australia Tim Alpe's campervan business now has 1700 vehicles in New Zealand and may list on the sharemarket. Photo / Richard Robinson The Alpe family's car and camper rental firm Jucy Rentals is about to expand in Australia after six years of building up the business in New Zealand. Main shareholder Chris Alpe was the founder of Maui Campervans and a director of New Zealand's largest listed tourism operator Tourism Holdings until 2001, when he left the business to set up Jucy with his sons Tim and Dan. ! Initially, the firm had a five-year restraint of trade agreement with Tourism Holdings, which meant it could not sell direct to the public. But the agreement was lifted early, allowing the firm to expand faster than it expected. CEO Tim Alpe said the company now had 1700 vehicles in New Zealand and had decided the time was right to expand the campervan side of the business into Australia. Europe
Financial News
HSBC Second-Half Net Rises 17% as Asia Offsets U.S. Subprime Mortgage Loss HSBC Holdings Plc, Europe's bi! ggest bank by market value, said second-half profit rose 17 percent as emerging-markets lending outweighed losses on U.S. subprime- mortgage related assets and consumer loans. Adecco, BMW, Fiat, Porsche, Roche, Volkswagen AG: European Equity Preview The following is a list of companies whose shares may have unusual price changes in Europe. Stock symbols are in parentheses after company names, and prices are from the last close. Volkswagen Buys Control of Sweden's Scania, Clears Way for Merger With MAN Volkswagen AG took control of Scania AB, buying the Wallenberg family stake in the Swedish truck company for 27 billion kronor ($4.37 billion) and clearing the way for a merger with MAN AG that would create the European market leader. Dollar Falls For Sixth Day Against Yen on Concerns U.S. Economy Weakening The dollar fell for a sixth day against the yen and traded close to a record low against the euro on speculation the Federal Reserve will cut interest rates to avoid a recession. Russia Cuts Gas Exports to Ukraine After Failure to Resolve Debt Dispute OAO Gazprom, Russia's state-run natural-gas export monopoly, cut natural-gas shipments to Ukraine after failing to resolve a debt dispute, raising concern European supplies may be disrupted. Trichet Resistance to Rate Cuts Empowered by Rising Eastern European Trade Europe's expa! nding economy is helping buy Jean-Claude Trichet time to overcome the region's worst bout of inflation in a decade. Nokia Wins Lawsuit Brought by Qualcomm Over Mobile-Phone Patents in U.K. Nokia Oyj, the world's biggest maker of mobile phones, won a U.K. patent lawsuit filed by competitor Qualcomm Inc. over patents related to GSM technology. Alk-Abello Gains by Most in Nine Weeks; Study Shows Tablet Stops Hay Fever Alk-Abello A/S, the world's largest allergy Commodity market report Platinum hits record, gold near all-time high 23 minutes ago, source: REUTERS SINGAPORE, March 4 (Reuters) - Platinum struck another record high above $2,200 an ounce, catching up with gold as a we! aker dollar and persistent supply problems in South Africa ignited speculative buying. Currency market report Aussie regains ground ahead of rate verdict 2 hours and 57 minutes ago, source: REUTERS SYDNEY, March 4 (Reuters) - The Australian dollar regained some lost ground on Tuesday to trade just above 94 U.S. Market sector news ::::::::::: HAVE A LOOK AT PREVIOUS POSTS :::::::::::: From http://netmillionare.blogspot.com/2008/03/oxiana-and-zinifex-merge-news-up-14.html - 4/03/2008 11:02:00 AM Australian Stocks Drop Australian Stocks DropAustralia's S&P/ASX 200 index snapped a three-day rise, led by financial stocks after Suncorp Metway Ltd. reported a slide in profit and Goldman Sachs JBWere Ltd. slashed its share-price forecast for the nation's financial shares. Suncorp, Australia's second-largest car and home insurer, reported a 28 percent drop in first-half earnings after credit costs crimped returns and it had to pay higher payouts after storms in northern Queensland. Analysts at Goldman Sachs including James Freeman lowered their forecast for Australian banks by as much as 26 percent, citing increasing concerns over their earnings. Suncorp is ``swimming in the same ocean as a sector that hasn't seen a lot of positive news,'' said Hans Kunnen, who helps manage the equivalent of $128 billion at Colonial First State Global Asset Management in Sydney. ``Higher interest rates and slower growth in bank profits are really crunching the finance stocks.'' ABC crisis forces $50m stock dumpABC Learning Centres founder Eddy Groves is on the verge of losing control of the crisis-ridden company, with directors forced to dump $52 million worth of shares as mystery investors emerged with the potential to seize majority ownership of the childcare empire. The company is facing a possible insider trading investigation by the Australian Securities and Investments Commission after Australian chief executive Martin Kemp was forced to sell $7.5million worth of shares on Friday - two days before the stock crashed to record lows on concerns about margin loans and its debt level. It is believed the sale was triggered by a bank calling in a margin loan over the shares, but legal sources said clear evidence would be needed that this was the case to avoid an insider trading investigation. Mr Groves and his wife, Le Neve, yesterday admitted they were a! mong four directors forced to sell shares to meet margin calls, slashing their stake in the business from almost 8 per cent to less than 4 per cent. ABC yesterday signalled possible asset sales to help cut its debts, with analysts speculating it might offload its 1000-plus childcare centres in the US after an approach from an unnamed buyer. But another serious issue confronting the board is the ownership of so-called "exploding" convertible notes issued by the company last year that could be turned into a controlling stake in the business if the share price continues to collapse. Unlike normal convertible notes, which holders can convert into a certain number of shares, the exploding notes are converted into a dollar amount of shares. This means the $600million worth of ABC notes buy a much bigger stake in the company as its share price, and stockmarket value, falls. At the current market capitalisation of $1 billion, based on the last share price of $2.14, the notes could deliver! the owners a 37.5per cent stake in ABC. But if the share price falls as low as Tuesday's nadir of $1.15, the note-holders, believed to include the Commonwealth Bank's CommSec broking house, could take control of ABC. There was speculation last night that hedge funds had been driving down the value of ABC shares at the same time they were buying the convertible notes. Bain Capital Partners, a US private equity firm, was named as one potential buyer of the ABC shares.
The benchmark S&P/ASX 200 index slid 116, or 2 percent, to 5,651.20 at the close in Sydney, as three stocks fell for each that rose. It was the worst-performing index in Asia today. Suncorp, tumbled A$1.22, or 7.9 percent, to A$14.31, set for its weakest closing price since Jan. 22. A sub-index of financial stocks slipped 3.4 percent, the worst performing group on the index today. The measure has lost 21 percent so far this year as rising defaults fr! om U.S. subprime, or high risk, mortgages reduced the amount of credit available worldwide and slashed U.S. company earnings. National Australia Bank Ltd., the country's biggest bank, declined A$1.36, or 4.3 percent, to A$29.97, a three-day low. Goldman Sachs JBWere shaved its estimate for the bank's shares 19 percent to A$35.35. Higher Rates Australia & New Zealand Banking Group Ltd. slipped 3.6 percent, Westpac Banking Corp. fell 3 percent and St. George Bank Ltd. declined 5.6 percent. Goldman Sachs JBWere cut its price targets on the three by 4.7 percent, 13 percent and 14 percent, respectively. Macquarie Group Ltd., Australia's largest securities firm, snapped five rising days, losing A$3.04, or 5.1 percent, to A$57.04. Australia's central bank boosted its benchmark rate to an 11- year-high of 7 percent this month in a bid to cool the fastest inflation rate the country has seen in almost two decades. Odds the bank will raise rates again at its March 4 meeting are at 90 percent, according to a Credit Suiss! e index of interest-rate swaps. Higher interest rates deter customers from borrowing and increase the cost of finance for banks Asian Stocks Fall for First Time This Week on Yen; Toyota Drops Bloomberg Asian Stocks Climb for Third Day; BHP, Marui, Banks Lead Gains Bloomberg Asian Stocks Rise on Insurers' Ratings; Japan's Retailers Fall Bloomberg Bloomberg all 25 news articles » WealthCraft to Sell 60% Stake to EAB Systems (Australia) Limited ... FOXBusiness - 16 hours ago In connection with the agreement, RCA, which is listed on the Australian Stock Exchange, will assist WealthCraft in raising between US$5 Million and US$20 ...  Turkish Press
Yen Rises as Asian Stocks Drop, New Zealand Dollar, Rand Slump Bloomberg - 1 hour ago It touched 94.57 US cents, the highest since March 1984, before trading at 93.82 cents, as traders bet the Reserve Bank of Australia will raise its 7 ... Yen Rises as Stocks Pare Gains, Higher-Yielding Currencies Drop Bloomberg Yen pressured as rising stocks boost risk appetite Guardian Unlimited Yen Declines as Stock Rally Bolsters Higher-Yielding Currencies Bloomberg FXstreet.com The Forei! gn Exchange Market - Bloomberg all 40 news articles »  Australian IT
Seven shares shaken by stock shopping Sydney Morning Herald, Australia - 20 hours ago Shareholders had wondered what Seven would do with the money gained from selling half of its TV and magazines business to the buyout firm KKR last year, ... Big gorilla beats his chest Sydney Morning Herald 26-February-08 by Anna Moreau and AAP WA Business News (subscription) all 66 news articles » Australian shares extend losses in afternoon trade led by banks Forbes, NY - 6 hours ago 'When you get major declines in our banking stocks it will pull down the markets, but more surprising is the fact that your BHP and Rio are also a lot ... Australian shares close higher for third day with miners leading ... Forbes Australian shares higher in afternoon trade, led by banks, commodities Forbes Australian shares close higher on Wall Street gains, strong ... Forbes Forbes all 30 news articles » MOSCOW, March 5 (RIA Novosti) - The Russian stock market plunged on Monday's opening after the MICEX index dived 4.97%, to 1512.18 points. ... en.rian.ru/business/20070305/61562098.html - 27k - Cached - Similar pages Russia's benchmark stock index rises to a record, driven higher by record oil prices and optimism about earnings. news.bbc.co.uk/1/hi/business/4738325.stm - 32k - Cached - Similar pages Russian stock indices last week managed to climb back to their recent all-time highs, with some leading blue chips hitting record price levels thanks to ... www.mnweekly.ru/business/20071011/55282180.html - 22k - Cached - Similar pages Russia's Micex stock exchange is booming, and despite fears of government interference in business, foreign investors are moving in to take a slice of the ... news.bbc.co.uk/2/hi/business/7265036.stm - Similar pages The downturn on the Russian stock market was expected to continue last week, but it was interrupted by a fresh wave of optimism. ... www.mnweekly.ru/business/20071227/55299898.html - 22k - Cached - Similar pages RUSSIA'S young stock market has been more a casino than a place to invest ... Russia's stock market is small. Only about 10 stocks are traded actively, ... query.nytimes.com/gst/fullpage.html?res=9C0DE0DB163DF930A35751C0A9649C8B63 - 47k - Cached - Similar pages From http://netmillionare.blogspot.com/2008/02/australian-stocks-drop.html - 28/02/2008 7:02:00 PM Australian Superfunds And withdrawing your super (superannuation) Todays Australian stock Update THE Australian share market closed firmly in the black following a strong lead from Europe, with Wall Street closed overnight for a public holiday. The benchmark S&P/ASX200 index was up 60.7 points, or 1.09 per cent, to 5619.1 while the broader All Ordinaries index had risen 54.6 points, or 0.97 per cent, to 5688.6. On the Sydney Futures Exchange at 4.18pm AEDT, the March share price index contract was 35 points higher at 5613 on a volume of 20,800 contracts. CommSec market analyst Juliette Saly said the solid market performance had been driven by a recovery in the banking sector and the top two miners. "Banks and miners were what helped the European markets,'' Ms Saly said. "Rio Tinto ! and BHP Billiton are benefiting from news of higher commodity prices but other stocks that performed well yesterday have fallen a bit, including Fortescue Metals Group (FMG), which had a big run up when it was announced that iron ore prices were likely to spike up.'' FMG's shares finished down 7 cents, or 0.93 per cent, at $7.45 while BHP Billiton gained 74 cents, or 1.9 per cent, to $39.70 and Rio Tinto had added $2.50, or 1.87 per cent, to $136.50. With more than half the population either directly owning shares or indirectly through super funds, Australia has the highest number of shareholders per capita of any nation. Indeed, one of the nation's pillars to pay for retirement is maximising super returns. But Ann Byrne, the new chief executive of the Australian Council of Superannuation Investors, sees no conflict between members expecting a good return on investments and demanding companies look after the environm! ent, employees and society along the way. A well-known advocate of super funds taking an active role in forcing companies to adhere to good governance from her time as head of UniSuper, Ms Byrne this week signalled that ACSI, which represents 41 super funds that collectively manage $250 billion, would pursue environmental, social and corporate governance issues (ESG) with companies in which funds invest. Technorati Tags: singapore stock market, china stock market, pakistan stock market, bangladesh stock mar! ket, brazil stock market, shares market, oztralia stocks, aussie stocks, penniless stocks, super funds, superfunds australia, oz superfunds The recent sharp sell off in global share markets will have a marked adverse effect on returns from Australian superannuation funds, a research report says. SuperRatings says 2008 has started in a sea of red ink for funds, with the ave! rage balanced investment option estimated to have lost 6.0 per cent since the beginning of January. In the 2007 calendar year the median return for Australia's major superannuation funds was 8.0 per cent, its lowest since 2003. "Right now things aren't looking great for super fund members," SuperRatings managing director Jeff Bresnahan said. "But negative returns are expected on a balanced portfolio on average once every six years." Australian superannuation funds last returned a negative result six years ago, when the average balanced investment option lost 5.2 per cent. Withdrawing YOUR SUPERANNUATION DESPERATE families are dipping into superannuation funds to fend off mortgage foreclosure and pay medical bills, groceries and utilities. Fund trustees ! report the number of people raiding their nest eggs to pay living expenses has skyrocketed in the past five years. Cash-strapped families can withdraw up to $10,000 a year if they prove financial hardship. And they can access as much super as needed to avert foreclosure, pay medical bills for life-threatening illnesses, pay for a funeral and other situations based on compassionate grounds. But taking too much superannuation before retirement can cause greater hardship later, SuperRatings managing director Jeff Bresnahan says. "It's an avenue for people who genuinely could lose their house," he said. "It should be used for genuine need only or you really are just hurting yourself." PAYING THE MORTGAGE To stop the bank or mortgage lender repossessing the family home, super fund members can apply to the Australian Prudential Regulation Authority with a letter from their lender confirming that, if a payment is not made, the house wil! l be repossessed. MEDICAL BILLS Super can be used to treat a life-threatening illness or injury, acute or chronic pain or mental disturbance. Any hefty medical transport costs incurred in treating these conditions can also be funded by super holdings. The treatment must not be available through the public health system and, again, super members must apply to APRA. MODIFYING THE HOME OR A CAR TO ACCOMMODATE A DISABILITY Making changes to a car or home to cater for a disabled family member can be paid for with super. A letter from a doctor must confirm the disability and the need for modifications. Invoices for the costs are needed to apply to APRA for access to super funds. PAYING FOR PALLIATIVE CARE AND FUNERALS APRA will approve of the release of super funds to pay the costs of palliative care, which is all care associated with the relief of pain for the super funds holder or a dying family member. Costs related to the death, funeral, burial or cremation! of a family member can be drawn from super. Doctors' certificates and bills are required. GENERAL LIVING EXPENSES Super holders struggling with living costs, including groceries, utility bills, school fees and other expenses can apply to their individual fund for up to $10,000 in a year. They must prove severe financial hardship by showing they have received Commonwealth income support for the past 26 weeks, including drought relief and exceptional circumstances payments, but not Austudy. Applicants must show they are unable to meet reasonable family living expenses and have only the family home as an asset that could be sold to cover costs. One super fund manager warns: "A lot of super trustees won't consider current bills -- they need to be overdue." Mr Bresnahan says members of a fund that won't allow early release can roll over into a fund that does. My stock portfolio Margin calls Guide - How to handle margin calls Australia stock market comes Crashing down Allco finance , MFS group , Centro Properties slum... Penny Hopefuls 2008 ( micro caps ) Goldman Sachs Recommends Gold is safe ? Will Zinifex get its allegiance approved ? Australian & New zealand Stock market Down Whats new on comsec broking US recession fears bring world markets down Asian stocks 2008 - Japan & china & australia- Re... Australian stocks tumble Due to US recession Fears... What are commodity warrants ? Packers crown casino s! urges - Make money on the as... NEWCREST AT LOSS ( PROFITS DOWN ) Newcrest rose as much as A$1.01, or 3 percent, to A$35.23 and traded at A$34.40 at 1:17 p.m. Sydney time on the Australian Stock Exchange. The stock has gained 3.9 percent this year and has a market value of A$15.6 billion. `Adjusted Profit' Profit, excluding the hedging losses, of A$207.9 million, beat some analyst estimates, including a A$191.3 million forecast from Goldman Sachs JBWere Pty and A$164.2 million from JPMorgan Chase & Co. It compared with Credit Suisse Group's estimate of A$208 million. ``Their adjusted profit, excluding the hedge book adjustment, is in line with what we were looking for,'' Hunter Hillcoat, an analyst at Austock Securities Ltd., said today by phone. Newcrest reported a loss after tax of A$216 million on the hedge book, it said. Gl! obal gold mining companies such as Newmont Mining Corp. have been reducing gold sold in forward contracts to take advantage of prices that rose 31 percent last year. Many producers increased forward sales, or the selling of output before its mined, when gold fell to a 20-year low in 1999, to protect against further declines in prices. Since then, the gold price has tripled, forcing mining companies to buy on the spot market to unwind, or close, the hedges. `Cost Money' Since September, Newcrest bought 3.4 million ounces of gold at an average A$845 an ounce to close contracts, it said today. At Feb. 15, a total of 622,302 ounces of gold forward sales contracts remain to be closed. They are expected to be shut by September, the company said today. ``It cost them a lot of money but if you consider that the gold price stays up where it is now, they should benefit from the gold price improving,'' Leyland's McCormick said. Go! ld for immediate delivery rose 0.2 percent to $907.15 an ounce at 1:16 p.m. Sydney time. It has climbed 8.8 percent this year and reached a record $936.92 on Feb. 1. Singapore stock market news 20 Jan 2008 ... Accentia lists GDR in Singapore stock exchange. Thiruvananthapuram: Accentia Technologies, a Technopark-based firm specialising in ... www.hindu.com/2008/01/20/stories/2008012052641500.htm - 16k - Cached - Similar pages Singapore Stock market and Economy: Quotes, charts, research, business and financial news, economic data, commentaries and analyses as well as further links ... www.site-by-site.com/asia/sgp/astock.htm - ! 49k - Cached - Similar pages Singapore Stocks: Asia’s Hidden Gem. Some facts about Singapore: ... PK) is in the Singapore real estate business. They have paid dividends at least ... stockerblog.blogspot.com/2007/07/singapore-stocks-asias-hidden-gem.html - 28k - Cached - Similar pages The Business Times Online Edition - Singapore. ... Singapore Business Awards ... Singapore Stocks, Small Caps/Mid Caps, Special Focus, Stock Picks ... www.businesstimes.com.sg/ - 52k - Cached - Similar pages Singapore stock news, comments, research and recommendation. ... I bel! ieve in analysing the business fundamental to pick a long term winner. ... sgshare.blogspot.com/2008/01/singapore-stock-recovering.html - 79k - Cached - Similar pages STOCKS - SINGAPORE STOCKS UP AT NOON - NOV 3, 2003. Article, News, Research, Information, Industry & Business News » View article excerpt ... goliath.ecnext.com/coms2/gi_0199-3271624/STOCKS-SINGAPORE-STOCKS-UP-AT.html - 22k - Cached - Similar pages STOCKS - SINGAPORE STOCKS UP AT NOON - MARCH 31, 2004. Article, News, Research, Information, Industry & Business News » View article excerpt ... goliath.ecnext.com/coms2/gi_0199-257532/STOCKS-SINGAPORE-STOCKS-UP-AT.html - 22k - Cached - Similar pages More results from goliath.ecnext.com » Singapore property stocks gain. Thursday, February 14, 2008 ... Prime office rents in Singapore's central business district rose 78 percent in 2007, ... www.turkishdailynews.com.tr/article.php?enewsid=96358 - 43k - Cached - Similar pages Singapore Business Times. Finance and Investment ... Singapore Stock Market Report and Prices - Latest prices of all stocks traded on the Stock Exchange of ... www.asiabot.com/business/singapore.shtml - 22k - Cached - Similar pages From http://netmillionare.blogspot.com/2008/02/australian-superfunds-and-withdrawing.html - 19/02/2008 5:21:00 PM INDIAN STOCK MARKET ON A BUMPY RIDE Why are stock markets volatile?
 There has been unprecedented volatility in the domestic markets last month. In India, all major market indices lost over 20 percent from their highs (mid-cap and small-cap stocks were the worst hit in this correction). Intraday volatility was also quite high in the markets. There were many days when the Sensex recorded more than 1,000 points (above five percent) intraday swings. The main reason for the correction seen in markets last month is negative news inflows from the US and world economy front. The rise and fall of share prices (market direction) depends on various market forces. In fact, the factors that affect stock markets have increased significantly over the last one decade due to globalisation and technological ! advancements. Volatility is an important consideration while computing risk, and hence, the returns expectations from investments in the market. These are some market forces that directly or indirectly drive the stock market volatility. Volatility due to global factors One of the major factors that is driving market volatility globally in the last few months is the recession in the US, and hence world economy. This negative news was triggered by the US sub-prime crisis. Recently, the credit issues and the losses reported by major financial institutions in the US again triggered negative sentiments in US markets and the fear percolated down to markets worldwide. According to analysts, there is a growing concern that the depth of credit issues is still unknown and not quantified. Many leading financial services companies in the US have revised their top line forecasts downwards. There is a strong feeling in the market that the U! S economy will go through a recession phase this year. Since the US is the largest economy in the world, people are not clear about its impact on the world economy and markets. The US dollar is weakening against all major currencies in the world (Euro, Canadian dollar, Australian dollar, Japanese yen etc). Crude oil prices have reached around USD 100 per barrel. This is another sentiment dampener in the global markets. Domestic factors In the past correction phases, the domestic markets had been the biggest out-performers compared to other Asian markets due to foreign funds inflows. But in the recent correction (January 2008), foreign institutional investors (FII), took out USD 3.2 billion dollars from the domestic markets. We have seen sharp downfalls in the markets. Momentum mid-cap and small-cap stocks were the biggest losers in the markets. The rupee has seen a sharp appreciation of 12 percent in the last one year or so. This has made a lot of our exports go uncompetitive with ! respect to other global competitors. Many local events made the market react quite strongly in the past. For example, the Securities and Exchange Board of India's (SEBI) proposal on restriction of further investments through the participatory notes (PN) route created panic in the domestic stock markets in October last year We have seen large IPOs draw out huge amounts of liquidity from the market. From a maturity point of view, the domestic markets have come a long way in the last 10 years, but still the market lacks maturity in comparison to large global markets. What should you do? The question is what should investors do? Practically, if you look at the issue, you are not much-impacted by the US sub-prime crisis and export's contribution to India's GDP is also not very large. The Indian economy today is the second-fastest growing one in the world. India's real GDP grew at an average rate of more than eight percent per annum! over the last three years. According to projections made by the Reserve Bank of India (RBI), the Indian economy will grow at a healthy rate of around 8-8.5 percent this year. Also, due to a slowdown globally, plenty of foreign funds and companies are looking at investments in India. Therefore, it is advisable for investors to hold on to their investments, looking at the long term. Many large-cap blue chip stocks are trading at attractive valuations (around 30 percent lower than their peaks). Investors should look at investing in blue chip and quality mid-cap stocks only and abstain from investing in small-cap stocks where the risk is quite high due to lack of adequate information. Nobody can predict the market direction (up or down) in the short term but considering the overall scenario, one can say that the India growth story is pretty much intact. more australian stock market news Stock Exchange (ASX) Includes listed company information, share prices, market performance, and news. www.asx.com.au - 39k - Cached Home of investment news & Australian stock exchange data as well as large range ... SMALL BUSINESS. Please Tell us what you think of our site. Enter symbol(s) ... au.finance.yahoo.com - 48k - Cached Presenting daily national and international news, business, sports, entertainment, and more. ... Push to 'gamble' on stocks. Swan rejects possibili! ty of ... www.theaustralian.news.com.au - 69k Weather | Local News. Newsweek | Today Show | Nightly News | Dateline NBC | Meet the Press | MSNBC TV ... © 2007 MSNBC.com. MSN Privacy | Legal. 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Chidambaram went on to add that there was hardly any im! pact of US sub-prime credit market on Indian stocks, as there was no lending at sub-prime rates here. ... timesofindia.indiatimes.com/Indian_stocks_hit_by_Asian_downfall/... - 43k - Cached -
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A list of all items tagged with Stock Photography Business ... Stock photographs are useful to a large section of people that includes book publishers, ... From http://netmillionare.blogspot.com/2008/02/indian-stock-market-on-bumpy-ride.html - 11/02/2008 5:45:00 PM My stock portfolio The Best Australian stock portfolio for 2008In these volatile times what is the best stocks. where is the best option to bring in some $$ gains. do we start storing our cash in high interest savings accounts or gold stocks or is there still hope in the stock market. By the looks from recent shocks in the market , America is definitely heading towards recession more sooner than later irrespective of what the government can do to try save it from its fate. Irrespective of what the reputed brokers and reputed financial consultants have been telling you tha! t the china and India boom and growth will keep our stock market strong. Its not gonna happen and you will still keep getting margin calls if margin broking is your thing The Recession scenario for 2008 will unfold like this - More Market volatility from sub prime woes in 2008
- US entering recession Therefore less consumer spending ( less Chinese exports to US )
- Less earnings for china from reduced Chinese and Indian exports to US thus slowing growth and income in these growing economies
- Therefore reducing their buying and financial power in importing the needed resources from Australia
So forgets what all the broking pundits have been saying and belt up for some turbulent weathe! r, they economy of growing countries like china and India will certainly be affected by recession in US , which will filter down to us here in Australia. So what are my picks , what is my portfolio for these turbulent times. HERE ARE SOME STOCKS I HAVE PICKED WHEN THE MARKET CRASHED THIS JAN 2008 CHECK OUT MY 10 BEST BETS BELOW WHICH IS QUITE A DIVERSIFIED PORTFOLIO
- LEI $43.10
- ANZ $25.67
- HVN $5.54
- WOW $29.32
- WBC $25.33
- BHP $33.99
- MGX $2.26
- RHG $0.23
- BPT $1.25
- PLV $1.46
Some info on m! y stock pics
Mount Gibson Iron Limited ( MGX ) Business Description Mount Gibson Iron Ltd (MGX) is involved in exploration for iron ore in Western Australia. The Company controls three iron deposits in the mid west region of Western Australia, namely Tallering Peak, Mt Gibson and Koolan Island. Trading Status: Trading Former Names: Whittakers Ltd (WHK), 2/01/2002; ACN:008 670 817 Chairman:Neil Hamilton MD:Luke Tonkin Level 1, 7 Havelock St West Perth,WA 6005 Tel:(08) 9485 2355 Fax:(08) 9485 2305 http://www.mtgibsoniron.com.au Pluton Mining ( PLV )Business Description Iron ore exploration in WA and copper-gold-silver exploration in Fiji and Tasmania Trading Status: Trading Former Names: -- ACN:-- Chairman:Albert Wong MD:Anthony Schoer Level 10, 492 St. Kilda Road Melbourne,VIC 3004 Tel:(03) 9820 3802 Fax:(03) 9867 8587 http://www.plutonresources.com ANZ Banking Group Ltd (ANZ )Business Description ANZ is a major Australian-based bank operating a retail and business banking franchise in Australia, New Zealand and throughout the South Pacific. Australian operations make up the largest part of ANZs business with commercial & retail banking & funds management. Following the acquisition of National Bank of New Zealand, ANZ is the largest bank in New Zealand. Expansion in the Asian region in is being undertaken with a presence in 14 Asian countries. Of most significance are partnersh! ips in China, Indonesia, Malaysia, Laos and Cambodia. Trading Status: Trading Former Names: ACN:005 357 522 Chairman:Charles Goode MD: Level 6, 100 Queen St Melbourne,VIC 3000 Tel:(03) 9273 6141 Fax:(03) 9273 6142 http://www.anz.com BHP Billiton Limited (BHP )Business Description BHP Billiton is the largest diversified resources company in the world operating in over 50 countries. Core activities comprise the production and distribution of minerals, mineral products and petroleum. Trading Status: Trading Former Names: BHP Limited (BHP), 29/06/2001; Broken Hill Proprietary Company Limited (The), 02/11/2000. ACN:004 028 077 Chairman:Donald Argus MD:Marius ! Kloppers BHP Billiton Centre, 180 Lonsdale St Melbourne,VIC 3000 Tel:(03) 9609 3333 Fax:(03) 9609 3015 http://www.bhpbilliton.com Woolworths Limited (WOW )Business Description Woolworths (WOW) is Australias premier retailer with the primary activity being Supermarkets - Food & Liquor. Other operations include BIGW discount department stores, Consumer Electronics through Dick Smith, PowerHouse and Tandy and petrol retailing through Woolworths/Caltex alliance and Woolworths Petrol Plus service stations. Woolworths has also diversified into hotels with acquisitions of ALH, BMG, MGW and Taverner Group. More recently the company has expanded to New Zealand with the acquisition of Foodland Australia NZ supermarkets, trading under the Progressive Supermarkets banner. Trading Status: Trading Former Names: -- ACN:000 014 675 Chairman:James Strong MD:Michael Luscombe 1 Woolworth! s Way Bella Vista,NSW 2135 Tel:(02) 8885 0000 Fax:(02) 8888 1029 http://www.woolworthslimited.com.au Harvey Norman Holdings Ltd (HVN )Business Description Harvey Norman (HVN) operates in the retailing sector principally as a franchiser. The stores sell homewares, electrical products, and computers. Revenue is derived from retailing, the provision of advisory and advertising services to franchisees, and property investment. The company has about 167 outlets in Australia, New Zealand, Slovenia and Ireland and investments in controlled entites Rebel Sport and Pertama Holdings (Singapore). Trading Status: Trading Former Names: Caviton Ltd, 20/05/1987. ACN:003 237 545 Chairman:Gerald Harvey MD:Kay Page A1 Richmond Rd Homebush West,NSW 2140 Tel:(02) 9201 6111 Fax:(02) 92! 01 6250 http://www.harveynorman.com.au Leighton Holdings Limited (LEI ) Business Description
Leighton Holdings Ltd. is the parent company of Australias largest construction and contract mining group, majority owned by Hochtief AG. The groups activities focus on contract and project management and property development in Australia, the Gulf, Hong Kong and South East Asia. LEI is Australias largest engineering services contractor. It also acquired Henry Walker Eltins mining business in early 2006. Trading Status: Trading Former Names: Leighton Contractors Pty Ltd, 01/07/1971. ACN:004 482 982 Chairman:David Mortimer, Peter Noe MD:Wallace King Level 5, 472 Pacific Hwy St. Leonards,NSW 2065 Tel:(02) 9925 6666 Fax:(02) 9925 6005 http://www.leighton.com.au RHG Limited ( RHG )Business Description RHG Limited (RHG, formerly Rams Home Loans Group) is a specialist provider of residential home loans throughout Australia. RHGs business includes the origination, distribution and funding of residential home loans. Trading Status: Trading Former Names: RAMS Home Loans Group Limited (RHG), 15/01/2008. ACN:-- Chairman:John Kinghorn MD: Level G, 44 Bay Street Ultimo,NSW 2007 Tel:-- Fax:-- http://www.rams.com.au Beach Petroleum Limited ( BPT )Business Description Beach Petroleum Limited (BPT) is an oil and gas producer, developer and explorer. The company holds varying interests in exploration and production tenements in Australia, New Zealand and Papua New Guinea. Beach is focused on production from 3 producing assets a! nd a high reward exploration program. Trading Status: Trading Former Names: Beach Petroleum NL (29/1/2003) ACN:007 617 969 Chairman:Robert Kennedy MD:Reginald Nelson Level 1, 25 Conyngham St Glenside,SA 5065 Tel:(08) 8338 2833 Fax:(08) 8338 2336 http://www.beachpetroleum.com.au Westpac Banking Corporation (WBC )Business Description Westpac is Australias oldest bank operating a significant banking franchise in Australia and New Zealand with balanced exposures to retail, corporate and institutional sectors. Aggressive expansion via acquisition in the wealth management area has complemented the banking activities transforming WBC into a solid financial services house. Westpac is one of Australias four major banks. Trading Status: Trading Former Names: Bank of New South Wales, 01/10/1982. ACN:007 457 141 Chairman:Ted Evan! s MD:David Morgan Level 20, 275 Kent St Sydney,NSW 2000 Tel:(02) 9293 9270 Fax:(02) 8253 1888 http://www.westpac.com.au Taipei Times - archives Societe Generale said it detected the fraud -- comparable to a full year of the bank's profits in ... This story has been viewed 748 times. Advertising ...www.taipeitimes.com/News/front/archives/2008/01/25/2003398701
Societe Generale's 'Hacker' Trader Had Only Limited Computer ... One is that Societe Generale's security systems were outdated or not properly ... Related Stories. Trusted Web Site? Not So Fast · Many Oracle Users Don't ...www.informationweek.com/story/showArticle.jhtml?articleID=205918671&cid=RSSfeed_IWK_Security Societe Generale uncovers massive fraud Societe Gene! rale uncovered a $7.14 billion fraud -- one of history's biggest -- by a single futures ... Most Popular Stories. Read; E-mailed; Discussed ...www.businessweek.com/ap/financialnews/D8UCA2MG0.htm - Bloomberg.com: Worldwide Societe Generale Reports EU4.9 Billion Trading Loss (Update8) .... To contact the reporters on this story: Gregory Viscusi in Paris at ...www.bloomberg.com/apps/news?pid=20601087&sid=a2NmAKy7H6sY&refer= Police seen at apartment of Societe Generale trader: witnesses Haaba Related Stories. Jordanian kills sister in suspected 'honour' killing · Bank of France monitoring Societe Generale s! ince weekend: president ...www.haaba.com/news/2008/01/25/7-81441/police-seen-at-apartment-of-societe-generale-trader-witnesses.html -
Damage control for Societe Generale The Australian FOR 72 hours in the past week top executives at Societe Generale scrambled to save ... The real story behind former Sierra Leone child solder Ishmael Beah, ...www.theaustralian.news.com.au/story/0,,23117390-36375,00.html?from=public_rss - Societe Generale apologizes to shareholders -- Shanghai Daily ...Read More Stories. Societe Generale apologizes to shareholders 2008-1-25 ... Miami drops 15th consecutive game 2008-1-25; China to invest 450b yu! an in ...www.shanghaidaily.com/sp/article/2008/200801/20080125/article_346678.htm - Ethical failure? No. Société Générale is a sign of amazing market ... If anything, the Société Générale story is a pretty good example of the resilience of ... from China to Toronto, was triggered by the French bank's actions. ...network.nationalpost.com/np/blogs/fpcomment/archive/2008/01/24/ethical-failure-no-societe-generale-is-a-s... Société Générale loses $7 billion in trading fr! aud - International ... Leeson, the rogue Barings trader, 'shocked' by size of Societe Generale fraud .... The head of the world's largest mobile phone company, China Mobile, ...www.iht.com/articles/2008/01/24/business/socgen.php - The Lesson of Societe Generale 28, 2008, after a Societe Generale statement yesterday outlined the bank's allegations ... Weather Chills China's Economy · RSS Feed: Most ead Stories ...www.businessweek.com/.../jan2008/tc20080129_881400.htm?chan=top+news_top+news+index_businessweek+exclusives Quote.com China N! ews & Commentary - News Story Quote.com China is The Leading Provider of Chinese Financial Market Information. ... News Story. Societe Generale Trader Charged, Released From Custody ...cn.quote.com/news/story.action?id=RTT801281704003235 - 19k - Cached - Similar pages From http://netmillionare.blogspot.com/2008/01/my-stock-portfolio.html - 31/01/2008 10:37:00 PM Margin calls Guide - How to handle margin calls Margin Call A broker's demand on an investor using margin to deposit additional money or securities so that the margin account is brought up to the minimum maintenance margin. This is sometimes called a "fed call" or "maintenance call".
 You would receive a margin call from a broker if one or more of the securities you had bought (with borrowed money) decreased in value past a certain point. You would be forced either to deposit more money in the account or to sell off some of your assets.
In finance, a margin is collateral that the holder of a position in securities, options, or futures contracts has to deposit to cover the credit risk of his counterparty (most often his broker). This risk can arise if the holder has done any of the following: - borrowed cash from the counterparty to buy securities or options,
- sold sec! urities or options short, or
- entered into a futures contract.
The collateral can be in the form of cash or securities, and it is deposited in a margin account. On U.S. futures exchanges, "margin" was formally called performance bond.
Example Jean buys a share in Universal Widgets SA for $100, using $20 of his own money, and $80 borrowed from his broker. The net value (share - loan) is $20. The broker wants a minimum margin requirement of $10. Suppose the share goes down to $85. The net value is now only $5, and Jean will either have to sell the share or repay part of the loan (so that the net value of his position is again above $10).
How to manage Margin Calls
Keeping track of your margin loan in times of volatility is easily manage! d through the CommSec website. Monitoring your margin loan on a regular basis can help minimise the risk of a Margin Call. If your loan balance exceeds the loan limit by more than the buffer, you are in a Margin Call. How do I know when Iâm in margin call? The margin call amount is displayed in the Collateral Available field, which appears after opening the Margin Lending page within the CommSec website.
What to do when you are in margin call? When you are in a Margin Call, you are required to take immediate action to restore your loan balance to your loan limit. You will need to reduce your loan balance so that it is equal to or below your portfolioâs current lending value.
There are 3 ways to do this: Lodge additional securities acceptable to CommSec;
Complete and fax the transfe! r form to lodge additional CommSec accepted shares or accepted managed funds.
Sell some or all of your portfolio; Selling shares can be easily facilitated through the website and proceeds are immediately deducted from your loan balance.
Repay some or all of your loan balance; Please call our Margin Lending team to settle your margin loan via direct debit. If you already have a customer reference number you can settle your margin loan with BPAY (Biller Code 999623 and your customer reference number).
Margin callWhen the margin posted in the margin account is below the minimum margin requirement, the broker or exchange issues a margin call. The investor now either has to increase the margin that he has deposited, or he can close! out his position. He can do this by selling the securities, options or futures if he is long and by buying them back if he is short.
[edit] Price of Stock for Margin CallsThe minimum margin requirement, sometimes called the maintenance margin requirement, is the ratio set for: - (Stock Equity - Leveraged Dollars) to Stock Equity
- Stock Equity being the stock price * no. of stocks bought and Leveraged Dollars being the amount borrowed in the margin account.
- E.g. An investor bought 1000 shares of ABC company each priced at $50. If the initial margin requirement were 60%:
- Stock Equity: $50 * 1000 = $50,000
- Leveraged Dollars or amount borrowed: ($50 * 1000)* (1-60%) = $20,000
So the maintenance margin requirement uses the above variables to form a ratio that investors h! ave to abide by in order to keep the account active. The point is, let's say the minimum margin requirement is reduced from 60% to 25% - At what price would the investor be getting a margin call? Let P be the price, so 1000P in our case is the Stock Equity. - (Stock Equity - Leveraged Dollars) divide by Stock Equity = 25%
- (1000P - $20,000)/1000P = 0.25
So if the stock price drops from $50 to $26.67, investors will be called to add additional funds to the account to make up for the loss in stock equity. http://en.wikipedia.org/wiki/Margin_(finance)
- Loan balance â" the amount you have borrowed (excluding interest).
- Total Market Value â" the total value of your loan portfolio.
- Loan Limit â" this is the maximum gearing level (amount you can borrow) based on Loan to Value ratios (LVRs) assigned to each security in the loan portfolio.
- Buffer - amount by which BT may allow to exceed your loan limit to facilitate for small fluctuations in the market.
- Margin Call- If your loan balance exceeds the loan limit by more than the buffer, you are in a Margin Call.
- Interest payments due â" ensure your monthly variable interest payment does not take you over your loan limit.
- Trades pending - a fall in the market between the time you place an order for a trade and the settlement of that trade, could mean the trade does not settle because you have insufficient funds available.
Note: The Loan to Value Ratio (LVR) assigned to any security may change - it may even be reduced to zero. This can result in a Margin Call or the cancellation of transactions. What happens in the event of a Margin Call?
When you are in a Margin Call, you are required to take immediate action to restore your loan balance to your loan limit. Managing a margin call from NABManaging a margin call Buffer limits and margin calls What to do if a margin call occurs Reducing the risk of a margin call
Buffer limits and margin callsGenerally, as long as the security value of your investments exceeds your outstanding loan balance, your Facility is operating within its limits and you may be able to draw additional funds for investment purposes - if that's what suits your goals and circumstances. In a situation where your outstanding loan balance exceeds the ! security value of your investments, NAB Margin Lending allows a buffer so that small fluctuations in values do not result in a margin call. The buffer is a percentage calculated as the aggregate of: the value of each share in your portfolio divided by the total value of your portfolio and multiplied by 5%; and the value of each managed fund in your portfolio divided by the total value of your portfolio and multiplied by 10%.
This percentage is then multiplied by the total market value of your portfolio to give a buffer amount in dollar terms. If your outstanding loan balance exceeds the security value of your investments so you are out of the buffer, you will need to meet a margin call. Unless a margin call position arises, you are not obliged to take any action to restore the security value of your investments to more than the outstanding loan amount, though it might be in your interests to do so. While you are in the buffer, you will not be able to withdraw funds or make further purcha! ses, and the chance of a margin call increases. 
What to do if a margin call occursIf NAB Margin Lending makes a margin call, you should undertake one or more of the following steps to restore the security value of your portfolio to more than your outstanding loan amount: Reduce your outstanding loan amount (if you have a variable rate loan) Deposit cash into your Cash Management Account (if you have a fixed rate loan) Sell some investments and apply the net sale proceeds against your NAB Margin Lending Facility Provide additional approved investments as security

Reducing the risk of a margin callWhile a margin loan can increase your gains in a rising market, it can also magnify your losses when the market declines. A margin call may occur in this instance. A margin call arises when your Current LVR exceeds the Base LVR by more than the buffer. The amount of the buffer will be between 5% and 10% of the value of your portfolio depending on the proportion of shares and managed funds in your portfolio. To reduce the risk of a margin call you can: Gear conservatively and borrow less than the maximum available Diversify your portfolio across a number of industry sectors and companies Make regular interest payments and don't capitalise your interest Monitor your portfolio and loan balance frequently Reinvest the income from your investments
We recommend that you speak to your financial adviser to discuss your investment st! rategy and financial circumstances when deciding whether or not to gear your investments.
Taken from www.comsec.com.au http://www.investopedia.com/terms/m/margincall.asp http://www.smh.com.au/business/money/tools/guides/investment/margincall.html http://www.bt.com.au/margincalls/ From http://netmillionare.blogspot.com/2008/01/margin-calls-guide-how-to-handle-margin.html - 30/01/2008 8:14:00 AM Australia stock market comes Crashing down ASX suffers biggest fall in 10 yearsBlue chip stocks have plummeted, a major online broking website crashed and investors raced for the exit door as the Australian stock market suffered its worst one-day fall in more than 10 years, losing $96 billion. Fears of a recession in the US, and the likely downside effect on global economic growth, has panicked markets from London to China and prompted a repricing of stocks. Treasurer Wayne Swan believes Australia can ride out the wave of turmoil that has swept the globe, following the US sub-prime mortgage market crisis that began in August last year. "I note we are well placed to ride out the turbulence that flows from events in the United States even though we are not immune from it," he said. However, brokers said the Australian market may have turned the corner into a bear phase after ye! ars of bullish returns and growth. The Australian benchmark S&P/ASX200 index lost 7.05 per cent - or 393.6 points to 5186.8 - to mark its biggest one-day fall on record. The index fell 6.79 per cent on October 29, 1997. The 7.26 per cent drop in the broader All Ordinaries index was the biggest in more than 20 years, the fourth worst one-day fall on record and shaved $96 billion from the market's value. The All Ordinaries plunged 408.9 points to 5222.0, the worst performance since October 29, 1987, when it fell 7.52 per cent. The market has lost $282 billion since January and $388 billion since its intraday record peak in November. The slump on Tuesday also extended the Australian market's losing streak to 12 straight sessions - the longest since January 1982. Colonial First State head of investment markets research Hans Kunnen said the ma! rket had turned bearish, with the All Ordinaries now down by more than 20 per cent since November. "Judging by the mood of the market today, the bears are certainly winning," Mr Kunnen said. The website of Australia's largest online share broker, CommSec, crashed for half an hour today as investors traded at unprecedented volumes. Mr Kunnen said it was too early to pick the bottom of the market because there would be more bad news out of the US. But investors should soon realise they could re-enter the market at a 20 per cent discount to late last year. CommSec chief equities economist Craig James said the sell-off was an overreaction and "a clear case of the heart ruling the head". "There would be reason to be worried if our economy was weak and our companies were experiencing lower sales and earnings. But that is far from the case," he said. Mr Kunnen said as the market heads into the February/March company profit reporting season, investors ! may get further encouragement from expected good returns. "The outlook for Australia is not bad," he said. "It's just that sentiment is poor, and people think a US recession will lead to an Australian recession. "I disagree," Mr Kunnen said. Asian share markets retreated by between four and nine per cent today as the ramifications of the negative US outlook hit home. The declines mirrored falls overnight on Monday in European markets, which had set the tone in the absence of the US, which was closed for the Martin Luther King public holiday. All sectors in the Australian market were affected, with the financial and mining sectors especially weak. Mr Kunnen said the punishment of the financial sector was unwarranted because Australia had different lending patterns to the US and the major local banks sho! uld still perform well in the current economic climate. The mining sector was pummelled because investors fear a US recession could mean lower demand and prices for Australia's major commodity exports. The unsettled environment has also raised doubts about whether global miner BHP Billiton can proceed with a $US100 billion-plus formal takeover bid for rival Rio Tinto. But exports to Asia are growing and growth in the region should sustain the Australian economy, observers say. "Even if the United States has a recession, growth in China will be robust for quite a few year simply because of industrialisation and urbanisation there," Mr Kunnen said. "That should flow through to the banks, the supermarkets, the media companies, as we ride off the wealth generated from that trade." Mr James said a circuit-breaker was needed to halt the selling frenzy across the world. "The global sharemarket slide has its genesis in US recession fears, and it is up to the US authorities to take action," he said. Harvey Norman ! Holdings Ltd has reconfirmed its half-year guidance after interim sales revenue rose by just over 12 per cent, boosted by a strong holiday shopping season. Australia's biggest electronics retailer reported on Tuesday a 12.4 per cent lift in first half sales to $3.04 billion for the six months to December 31, compared with the prior corresponding period.
FROM http://news.theage.com.au/asx-suffers-biggest-fall-in-10-years/20080122-1nbu.html Packer-Murdoch gang rides again Hollywood Reporter, United States - 12 hours ago Tel, only to lose more than AUS$400 million ($344.2 million). Under the proposal announced to the Australian Stock Exchange, Murdoch's private investment ... Wabasso wins Luverne Team Tourna! ment Marshall Independent, MN - 20 Jan 2008 Luke Kramer, 16-4; 189â"Ethan Sander, YME, pin Jacob Mkosch, 3:13; 215â"Evan Stock, YME, maj. dec. Dustin Caspers, 15-3; HWTâ"John Caspers, BOLD, ... International Stock Targets: Adds Primus Telecommunications Group ... Trading Markets (press release), CA - 10 Jan 2008 ... charge of Aus$2.50, as compared to Telstra's proposed charge of Aus$9.00 per month. International Stock Targets is a world renowned research firm, ... AIM Resources finds errors in zinc project report, withdraws ... The Canadian Press - 31 Dec 2007 On the Australian Stock Exchange, the shares were down one cent at 11.5 cents Aus. AIM Resources had originally intended sell up to A$50 million worth of ... Credit Suisse Eq Aus - EPT Disclosure Reuters - 9 Jan 2008 KEY INFORMATION Name of exempt principal trader Credit Suisse Equities (Australia) Limited Company dealt in BHP Billiton Limited Class of relevant security ... Barrick to Resume Mt. Carulina Drill Program StreetInsider.com (subscription), MI - 17 Jan 2008 ... which is an Olympic Dam - style base metal/gold target and is joint ventured with Barrick Gold of Australia Limited. No stock exchange, securities ... QinetiQ buys two Australian consultancies Guardian Unlimited, UK - 2 Jan 2008 ... the former ministry of defence technology group that was controversially floated on the Lon! don Stock Exchange, has made its first move into Australia, ... BNY Mellon scores first NZ mandate The Financial Standard, Australia - 17 Jan 2008 Auckland Regional Holdings has appointed BNY Mellon Asset Management Australia to manage US$29 million (AUS$33.27 million) of its investments, which will be ...  Seeking Alpha
TSX Group: An Undervalued Takeover Candidate Seeking Alpha, NY - 4 Jan 2008 Comparisons of Valuation with ASX Limited (Australian Stock Exchange) appears to be most appropriate on a comparable basis, due to the fact that Canada an! d ... FREE PRESS POLL Winnipeg Free Press, Canada - 17 Jan 2008 In accepting the recommendations, Environment Minister David Templeman imposed conditions on the shipments, including the lodgement of a AUS$5-million bond, ... Australian shares in freefall Australian shares plunged a massive 5% before noon as panic selling set in among investors over an expected slowdown in global growth. The benchmark S&P ASX 200 Share Index had shed more than 5% before noon, down 282.1 points to 5298.3 points - its lowest since November 2006 - placing the market on course for a record 12th day of declines. The plunge equated to a $64 billion loss of market value. The latest plunge means the sharemarket has now lost more than 22% of its value since hitting a record high in November and is now officially in a bear market. The broader All Ordinaries Index was down 294.4 points, or 5.23%, to 5336.5 before noon. Asian bourses were also softer, with Japan's benchmark Nikkei Share Average Index down 4.8% and the boarder TOPIX index down 4.6%. Austock Securities client adviser and strategist Michael Heffernan said there was "blood on the floor'' with the market falling 3 per cent in the first few minutes of trade. "I think the blood bank is trawling all brokers' floors to recover the blood," he said. "We are all feeling what it would be like to do 15 rounds with Mike Tyson but in reality there are some great stocks at fantastic value." Mr Heffernan said sooner or later the market would come back. "While it will finish down today, sooner or later investors are going to see the value in good stocks and I say they are great value. So investors should never look back." ! Leading the retreat was BHP Billiton, which lost as much as $2.04, or 6.1 per cent, in early trading to $31.25. Its potential prey, Rio Tinto, fell as much as $9.93, or 8.7%, to $104.32. Banks were also sharply lower, with the Commonwealth Bank down as much as $2.38, or 4.7%, to $48.50, its first drop below the $50-mark in more than nine months. The major banks were weaker at 10.38am, with Commonwealth Bank down $1.27 to $49.51, National Australian Bank down $1.00 to $34.20. Westpac down 48 cents to $25.29 and ANZ down 61 cents to $25.59. In the retail sector, Wesfarmers was off 90 cents at $33.60 and Woolworths was down 12 cents at $30.91. Upmarket department store David Jones traded down 18 cents to $4.57. Harvey Norman Holdings is also expected to announce its second-quarter sales results today. At 10.25am the stock was down two cents to $5.86. The Australian dollar also sank overnight, losing more than 1.5 US cents to drop to 85.80 US cents for the first time in almost ! a month, and sliding to a five-month low against the yen. Financial stocks were big losers in morning trade at 10.40am with Macquarie Group down $4.75, or 7.24 per cent, to $60.95, Babcock & Brown down $1.43, or 7%, to $17.00 and Allco Finance Group down 30 cents, or 10%, to $2.88. Energy stocks followed the downward trend with Woodside Petroleum down $2.69 to $42.88, Oil Search off 13 cents to $4.36 and Santos down 63 cents to $11.99. In the media sector, Fairfax shed eight cents to $4.11, News Corp lost 44 cents to $21.32 and its non-voting scrip was down 74 cents to $20.51. Ten Network lost six cents to $2.51 and Seven Network was down 23 cents to $11.55. Flinders Diamonds was the heaviest traded stock at 10.54am with a total of 31.15 million shares changing hands together worth $3.1 million. Its shares fell 1.8 cents to 9.2 cents. Overall a total of 681.003 million shares changed hands with a total value of $1.95 billion with 57 stocks higher, 1245 lower and 189 unchanged. Concern that slower US growth would drag on the world economy and! slash companies' earnings triggered the steepest falls since the September 11 terrorist attacks of 2001 on many overseas markets overnight. "There is a wave of panic emerging as the fear unfolds," Martin Slaney, head of derivatives trading at GFT Global Markets in London said in an email, prior to the start of trading. Wall Street, which was closed for yesterday's Martin Luther King Day holiday, is set to join the declines when it opens later today, with futures clocking up their biggest fall since 2001, Bloomberg said. Commodity prices also sagged, with oil prices falling to a one-month low overnight, and gold sank to its lowest in two weeks. Rising stockpiles have added to the gloom for industrial metals, with copper shedding another 3.7% in London, bringing the decline from its peak to 22%, according to Bloomberg data. While US markets were closed, the downbeat mood from last week's market declines there circled through Europe, Asia and Canada. The UK benchmark FTSE-100! dropped 4.7 per cent to 5625.20; France's CAC-40 Index plunged 5.9 per cent to 4793.39, while Germany's blue-chip DAX 30 slumped 6.74 per cent to 6821.42. http://m.businessday.com.au/article.action?articleid=76990&r=28000 From http://netmillionare.blogspot.com/2008/01/australia-stock-market-comes-crashing.html - 22/01/2008 5:44:00 PM Allco finance , MFS group , Centro Properties slumps- Have we reached the bottom yet ? Australian shares fell for an 11th day, extending the longest sell-off in a quarter of a century. National Australia Bank Ltd. led declines after a $150 billion economic plan from U.S. President George W. Bush failed to ease speculation the world's biggest economy will enter recession. Allco Finance Group Ltd. posted the benchmark's biggest drop. Rio Tinto Group tumbled the most in more than 10 years after bigger rival BHP Billiton Ltd. failed to make a new offer for the company and a newspaper reported it may not do so before a Feb. 6 deadline. Allco Finance Group Ltd.,! an Australian manager of assets including ships and aircraft, posted a record fall in Sydney trading as investors avoided stocks perceived to have high debt and complex corporate structures. The stock fell 35 percent to A$3.10 at the close of trading the Australian Stock Exchange, cutting the Sydney-based company's market value to A$1.14 billion ($998 million). Investors are concerned Allco, a stakeholder in at least five listed investment funds that carry its n ame, may be headed for the same fate as Centro Properties Group and MFS Ltd., which have seen their share prices slump as they struggle to refinance debt. Allco and its subsidiaries have A$1.075 billion of bonds and loans due this year and a further A$1.28 billion maturing in 2009, according to Bloomberg data. ``With MFS going down, people are looking for the next thing that might hit trouble and they are backing it to be Allco,'' said Michael Birch, who helps manage the equivalent of $140 million at Wallace Funds Management in Sydney. ``It's a jittery market which doesn't like anything complex.'' Allco was not able to explain why it shares declined so much and has kept the market informed of developments at the company, it said in a statement to the exchange. Centro, based in Melbourne, has lost more than 90 percent of its value since Dec. 17 after announcing it was struggling to refinance A$3.9 billion debt because of the collapse in the subprime mortgage market. MFS slumped 69 percent on Jan. 18 after announcing plans to sell new stock to cut debt accumulated by Michael King as he doubled the assets of the Southport, Queensland-based company in the past two years through acquisitions. King resigned today as Chief Executive Officer. Ref: http://www.bloomberg.com/apps/news?pid=20601081&sid=acGb5FjtC6OU&refer=australia Asian RoundupINDIAN outsourcer Satyam Computer Services' Australia and New Zealand business has reported third quarter revenue of $US47 million ($53.8 million).
Deepak Nangia, Satyam Computer Services ANZ head, said 90 per cent of its third-quarter revenue came from existing customers The result was up nearly 4 per cent quarter-on-quarter and was double the sales volume that the local subsidiary turned over a year ago, Australia and New Zealand managing director Deepak Nangia said. Asian stocks decl! ined, driving the regional benchmark to a five-month low, on concern the U.S. will enter a recession and slow global growth. Commonwealth Bank of Australia and National Australia Bank Ltd. dropped after Morgan Stanley said loan losses at the country's banks will increase. Bank of China Ltd. slumped after BNP Paribas SA said it may have to write down the value of overseas securities by $4.8 billion. Hyundai Heavy Industries Co. fell to the lowest since August on concern new orders will drop. ``It's a cont agion effect,'' said Pankaj Kumar, who manages about $460 million as chief investment officer at Kurnia Insurans Bhd. in Petaling Jaya, near Kuala Lumpur. ``Investors may be looking again at their portfolios and reducing their exposure.'' The MSCI Asia Pacific Index lost 3.2 percent to 142.11 at 3:33 p.m. in Tokyo, heading for its lowest close sinc! e Aug. 20. More than five stocks declined for each that advanced, and all 10 industry groups fell. Asian benchmarks retreated apart from Thailand, Pakistan and Sri Lanka. Japan's Nikkei 225 Stock Average dropped 3.9 percent to 13,325.94, the lowest since Oct. 25, 2005. The Finance Ministry cut its evaluation of five of Japan's 11 regional economies as housing investment fell and employment worsened. Toyota Motor Corp., which counts North America as its biggest market, fell to the lowest in more than two years. Elpida Memory Inc., Japan's largest maker of computer memory chips, climbed to a three-week high after Mizuho Securities Co. recommended the stock. Australia's S&P/ASX 200 Index slumped 2.9 percent, extending the longest sell-off in a quarter of a century. Rio Tinto Group, the world's third-largest mining company, tumbled the most in 10 years after rival BHP Billiton Ltd. fai! led to make a new offer. Hong Kong Declines Hong Kong's Hang Seng Index lost 2.8 percent, taking its decline from its Oct. 30 high to 23 percent. Air China Ltd., the world's largest carrier by market value, dropped 10 percent to HK$8.86, the most since Sept. 25, after its approach to buy a stake in China Eastern Airlines Corp. was snubbed. A proposed economic stimulus package by U.S. President George W. Bush of as much as $150 billion failed to lift recession concerns. U.S. equities fell, reversing gains, after Bush's plan was announced on Jan. 18, with the Standard & Poor's 500 Index completing its worst weekly decline in five years. ``The reaction from U.S. stock markets showed Bush's economic plan didn't meet investors' expectations,'' Toshihiko Matsuno, a market analyst at SMBC Friend Securities Co. in Tokyo, said in an interview. National Australia, the nation's largest bank, declined 2.9 percent to A$35.20. Commonwealth Bank, Australia's second-largest, dropped 4.6 percent to A$50.78. Bank Writedowns Morgan Stanley r! aised its 2008 forecast for loan loss charges at the country's major banks by 26 percent, analyst Richard Wiles said in a note today, citing a deteriorating global economy and ``the difficulty faced by some companies in refinancing maturing debt.'' Bank of China, which has the largest holdings among Asian banks of U.S. subprime mortgages, slid 4.7 percent to HK$3.43. The bank may write down 17.5 billion yuan ($2.4 billion) for the fourth quarter of 2007, and an equal amount for this year, Dorris Chen, a Shanghai-based analyst at BNP Paribas wrote in a note on Jan. 18. The bank has dropped 30 percent since Oct. 30, when it reported profit growth that trailed competitors because of losses on its $7.95 billion of subprime-related investments. ``That BOC only provisioned $473 million for $7.95 billion subprime exposure is far from comforting,'' Chen said. Bigger rivals Industrial & Commercial Bank of China Ltd. fell 4 percent to HK$5.06 and China Construction Bank C! orp. dropped 3.3 percent to HK$5.93. Chinese Banks Chinese banking regulators may force China's largest lenders to write down the entire value of their subprime holdings, the South China Morning Post reported today, citing unidentified people. Allco Finance Group Ltd., an Australian manager of assets including investments in at least five listed funds, slumped 35 percent to A$3.10. ``The best thing to do is to stay away from banks with complicated investments,'' said James Chua, who helps oversee $450 million at Phillip Capital Management in Singapore. ``Why make your life any more difficult?'' Hyundai Heavy, the world's largest shipyard, fell 5.8 percent to 335,000 won in Seoul. Keppel Corp., the world's biggest oil-rig builder, declined 4.6 percent to S$10.92, the biggest drag on the Singapore Straits Times Index. Toyota, Komatsu, Rio Komatsu Ltd., the world's second-largest maker of earthmoving machinery, retreated 3.4 percent to 2,400 yen. The company relies on the Americas as its top market. Samsung Heavy Industries C! o., the world's second-largest shipyard, tumbled 10 percent to 29,300 won, the most since Aug. 16, after South Korean prosecutors blamed it and Hebei Spirit Shipping Co. for the world's worst oil spill in 4 1/2 years. Toyota lost 3.3 percent to 5,260 yen. Honda Motor Co., which gets 54 percent of its sales from North America, slipped 4 percent to 3,100 yen. Rio Tinto, defending a hostile $108 billion takeover bid, declined 7.9 percent to A$114.25, the lowest close since Nov. 8, after BHP didn't make a new offer. BHP may not make a new offer before the Feb. 6 deadline set by the U.K.'s Takeover Panel, the London-based Times newspaper reported Jan. 19. BHP, the world's largest mining company, slid 4.3 percent to A$33.29. Elpida, Japan's largest maker of computer chips, gained 4.3 percent to 3,610 yen, the biggest percentage gainer on the MSCI World Index. Mizuho Securities Co. analyst Eisaku Ohmori raised his rating on the stock to ``buy'' from ``hold,'' citing expec! tations a supply glut in the industry will ease. Agri-stocks survive stock market crunchhttp://www.abc.net.au/rural/news/content/2007/s2142985.htm Shares in agribusiness companies are holding up, despite massive losses on the Australian stock market in recent days. Since the start of January, the All Ordinaries Index has fallen 10 per cent, while Australian agri-stocks have dropped only four. Director of the Australian Agribusiness Group, Tim Lee, says agriculture is not as vulnerable as other sectors, particularly when food prices continue to rise. "Agriculture tends not to be driven by, or certainly not driven by the stock market," he says. "If the stock market is falling or rising, crops in the ground don't know that and they still keep growing, so there's a real inherent risk management built into the agricultural sector". From http://netmillionare.blogspot.com/2008/01/allco-finance-mfs-group-centro.html - 21/01/2008 5:17:00 PM Penny Hopefuls 2008 ( micro caps ) "Get rich with Penny Stocks. Buy Penny before they are hyped or heavily promoted and end up at high prices. Get in on Penny Stocks before they go up. Why wait when you can buy now and you can cash in when the price soar high" But it always not so easy ' before you know it it can be either easy gains or then easy pains ' Before you invest in a microcap company, arm yourself with information There are many good penny stock investments available, which could turn a small amount of capital into a small fortune very quickly. However, to discover these you need to know what to look for and what to avoid. When searching for that one big ! there are a few eg you shoulb be wary about Penny stocks do carry a certain appeal for many different kinds of investors. Chances are though, a new investor looking for a potentially lucrative investments with a fairly low entry price will run across the penny stock. The allure comes in the fact that at such low prices any changes are often measurable in hundreds of percent in a given day or two. An investor's stock value can literally become worth double or even triple the original investment amount. Very Low Volume Stocks - Without much trading activity it becomes increasingly difficult to buy or sell for the prices you want. As well, it becomes nearly impossible to get an understanding of where the stock price is heading, or to calculate fair valuations for the companyÃâs stock price The Hot Tip Stoc! k - There are actually professional promoters who make a very good living generating and nurturing rumors about some penny stock thatÃâs guaranteed to go through the roof. The entire concept hinges on the rumor being spread from person to person, at the office, over the phone, or at social venues. Sinking Ships - When a stock has dropped a lot you may think that, "it canÃât go any lower," or that it is "a good bargain." Especially with penny stocks, you need to avoid this type of thinking because many sinking ships donÃât ever rebound, and they can go lower, and they arenÃât good bargains just because they cost less than before.
Excerpst from : http://www.compvice.com.au/ >>> http://www.matildaminerals.com/pdfs/MoneyMagazineHazelhurst.pdf Although many people like investing in penny stocks, believing that such stocks have a better chance of increasing many times in value, nothing says that a $20 stock can't double, triple, or quadruple in value just as easily as a cheaper one. Considering that a cheap stock may be cheap for a very good reason, there's ample evidence to suggest that higher-priced stocks may actually have a better chance of going up than cheap ones do. --------------------------------------------------------It's a fresh start for 2008 with $50,000 to play with - our f! irst pick is a penny-special the big end of town is paying keen attention to. Imperial corporation Ltd (ASX code: IMP) is a long-shot "roughie" with a much-chequered history stretching back nearly two decades. In that time it has showered the market with paper. At last count issued capital stood at 1.64bn shares. Yet, at 1.3c a share, the company carries a market capitalisation of just $21.33m. More than half of that is covered by IMP's 4.9% holding in the successful listed heavy minerals miner Bemax Resources (BMX); a holding with a market value of about $11m. That doesn't leave much value on IMP's 75% holding in its American subsidiary, Empire Energy USA, or the subsidiary's impressive $100m financing deal confirmed just before Christmas with Macquarie Bank. As background ⦠In 2006, IMP joined with US interests to acquire productive tenements on the Appalachian basin in Pennsylvania. IMP's annual report for the year to June 30, 2007, confirmed that in the last half of 2006 it participated in 15 successful gas wells. In ! December of that year it subscribed $US9.35m ($10.46m) to its newly formed subsidiary Empire Energy USA and assigned its joint venture interests in Pennsylvania to that company, in which it now has 75%. The annual report showed that: ⢠Empire Energy (75% IMP) had 134 producing gas wells, 3.4bn cubic feet of proven reserves plus 7bn cubic feet of undeveloped reserves, with a net present value (NPV) of $US20m, and ⢠IMP's Carrolltown joint venture (75% owned but being transferred to Empire) had 20 producing wells, 3.7bn cubic feet net proved reserves and a NPV of $US7.6m. The company's September quarterly report revealed that 15m cubic feet of gas a month (about three-quarters of current production) had been hedged at $US8.45/1000 cubic feet from September, 2007, through to August, 2009. In the week preceding Christmas, with the bonhomie of the season distracting many, who noticed IMP's announcement of December 18? It confirmed that IM! P and its subsidiary Empire Energy USA had entered "into a committed letter of offer" with Macquarie Bank for up to $US100m in credit facilities to fast-track their energy aggregation strategy in the Appalachian basin. IMP has a medium-term plan to list Empire on a North American exchange and, as part of the deal, Macquarie will get free warrants equivalent to 10% of Empire Energy capital ahead of any float, merger or trade sale. Heady stuff for a minnow, but perhaps this deal will give IMP a much needed re-rating. IMP retains its long-standing board: executive chairman Bruce McLeod (a sometime banker and stockbroker and also a director of Bemax), engineer Kevin Torpey and stockbroker David Sutton (a director of Martin Place Securities). They have been joined since last August by Mark Maloney, a previous head of equities for J.P. Morgan Australia. Visit http://bulletin.ninemsn.com.au/article.aspx?id=345971 for full article Technorati tags: Research-Stocks.com, Research Stocks, Penny Stocks, Micro Cap Stocks, Share Prices, Bonds, Next Bull Market, Hot Penny Stocks, Penny Stock List, Penny Stock Picks, Best Penny Stocks, Free List Penny Stock, Buy Penny Stocks, Micro Cap Funds' OTC Micro Cap Stocks, Small Cap Stocks, Micro Cap Mutual Funds, Micro Cap Earnings Announcements, Penny Stock Quotes Buying Penny Stocks From http://netmillionare.blogspot.com/2008/01/penny-hopefuls-2008-micro-caps.html - 19/01/2008 2:22:00 PM Goldman Sachs Recommends The market is down , up , down ,, up....... AFTER eight sessions in the red, the share market was finally trading back in the black at midday, boosted by financial stocks. This year seems to have started with a rocky start and thats what all the analysts are saying it is goin g to be for the rest of the year. Goldman sachs is saying we should be picking stocks that is not sensitive to interest rates , and what may those sectors or stocks be Apparently they should be the defensive stocks like Comsumer staples Healthcare Telecomunications We should be looking for companies with robust balance sheets a! nd non -cylical earnings. Bell potter securites says that comnpanies with strong balance sheets, cash flow and earnings per share growth performed well in times of slow economic growth Popular Investment firms analysts says these stocks are good in such conditions CSL - Blood and vaccine products WOW - Woolworths Retailers Fairfax Media Onesteel BHP Billiton RIO Tinto Caltex australia Beach petroluem Resmed Metcash Coca cola Amatil St george bank Singapore telecomunications Healthscope Harvey Norman Seek Lihir gold Macarthur coal Companies that have free cash flow that exceeds thier dividend yields payouts are aq good bet.Stocks offering strong balance sheets and non-cyclical earnings have become a focus. Morgan Stanley has identified a number of defensive stocks that satisfy these criteria, includin! g Beach Petroleum, Woolworths, CSL and St George Bank Interest rates look set to rise next month as tight labour market conditions continue to fan inflationary pressures in the economy. Since the high point of mid-October, the market is down 939 points and analysts say there is more downside to come. Evidence that the equities nerves were not about to settle came last night as the London market eased another 1 per cent, after the 3 per cent drop on Tuesday night. There was feverish selling of stocks throughout the region. The Hang Seng index in Hong Kong sank 5.4 per cent and the Nikkei hit its lowest level in more than two years, losing 3.34 per cent. "People aren't worried about the volatility, they are worried that all the market is doing is going down," Macquarie interest rate strategist Rory Robertson said last night. The global commodity markets have been caught up in the in! ternational equities problems, despite recent solid strength. The prospect of a global growth slowdown prompted investors to sell down commodities in London. Three-month copper futures lost 3 per cent and the price of oil slipped by $US2 a barrel. The recent gold rally halted in Asian trading as investors went to cash, causing the price to drop sharply from $US909.50 to $US882.10. UBS Sydney chief strategist David Cassidy said domestic stocks would fall further if the US went into recession. There was speculation in the financial markets yesterday the US Federal Reserve was about to convene an unscheduled meeting to slash the funds rate in a desperate bid to save the US economy from tipping into negative growth. SAFETY FIRST Analysts said they don't expect a return to normal market conditions in the near term. The latest fright for investors was Citigroup Inc reporting an $18.1 billion write-down -- largely on collateralised debt obligations -- and a $9.83 billion quart! erly loss. "We need two things," said Craig Saalmann, a credit strategist at JP Morgan. "We need to be comfortable with U.S. investment banks, they need to come clean and recapitalise and secondly, we need more data about the U.S. economy." - 5:03PM
- The sharemarket closed lower on Thursday, making its ninth consecutive negative close for the first time in more than 12 years.
- 6:27PM
- Tokyo shares rose 2.1 per cent on Thursday, bouncing back from a two year low as a firmer dollar helped ease fears about an American recession but plenty of caution remained in a very volatile Asian session.
- 5:55PM
- The Australian dollar held around 88 US cents on Thursday, recovering from a one-week low hit offshore, with robust domestic data pushing it higher but lingering risk aversion checking gains.
- 5:36PM
- The dollar held overnight gains against the euro on Thursday after comments by a European Central Bank official fuelled fears that American economic weakness might be spreading to Europe.
- 4:03PM
- Gold extended losses from a record high on Thursday, surrendering as much as $US8.60 an ounce as the dollar held on to its gains against the euro before testimony by US Federal Reserve chairman Ben Bernanke.
- 1:49PM | By Anthony Hughes
- Get the latest on what the key market players are talking about
- 10:07AM
- Following is a summary of broker changes to their company recommendations and upgrades and downgrades to earnings estimates.
- 17 Jan 2008 | By Zoe Fielding
- Margin calls could hit record highs if markets continue to fall this month, according to financial institutions.
- 02:29AM | By Edited by Anthony Hughes (ahughes@afr.com.au)
- The Australian Competition Consumer Commission's call for submissions on Sumitom! o Forestry's bid for Carter Holt Harvey's $2 billion sale of its wood products business is further proof that the deal is not dead.
- 09:00AM
- Stocks fell on Wednesday with Intel's disappointing outlook dragging the S&P 500 to a 14-month low.
- 08:43AM
- The euro fell sharply on Wednesday after a European Central Bank official warned that growth in the 13-nation region could be slower than expected, fanning fears that US economic weakness might be spr! eading to Europe.
- 09:13AM
- US Treasury debt prices eased on Wednesday as investors cashed in on a string of gains that had pushed benchmark yields to a more than four-year low.
- 06:45AM
- Growth in the US slowed in the final weeks of December amid subdued holiday spending, according to the latest survey of economic conditions compiled by the Federal Reserve.
- 04:41AM
- Britain's leading sharemarket fell 1.4 per cent on Wednesday, caught in the swirl of rising US recession fears.
- 04:45AM
- Copper prices slid to one-week lows on Wednesday as investor confidence crumbled in the face of a deteriorating outlook for global economic growth and demand for the metal used in power and construction.
- 04:25AM | By Glenn Mumford
- The market looks to be telling us that the world as we know it is about to crash and burn.
- 04:36AM | By Peter Wells and Eli Greenblat
- The sharemarket suffered its steepest loss of the year yesterday, continuing an eight-day losing streak that has wiped almost $100 billion off the benchmark index.
- 04:25AM | By Katja Buhrer
- Investors who thought the Australian dollar's rise above US90¢ this week had put the currency back on a rising trend were wrong-footed yesterday, following a US2¢ drop in the local unit.
- 04:26AM | By Stephen Wyatt
- The panic buying that has sent gold and crude oil to record levels in the past month has turned into panic selling as fears mount that a slowdown in the United States economy will crimp demand for commodities.
- 17 Jan 2008 ! | By Gabriella Hold
- Small-cap stocks usually aren't at the top of the list for most investors but thanks to the meltdown in global markets, the sector is grabbing attention for all the wrong reasons.
- 02:26AM | By Alex Boxsell; Michael Smith
- Shares in port and rail infrastructure group Asciano have travelled an uncertain path so far in 2008 amid market speculation of a potential assets sale.
- 17 Jan 2008 | By Alex Boxsell
- Retail sales remain buoyant even as housing cycl! e turns
- 17 Jan 2008 | By Edited by Andrew White (rearwindow@afr.com.au)
- All change at MFS - including the name
From http://netmillionare.blogspot.com/2008/01/goldman-sachs-recommends.html - 17/01/2008 5:49:00 PM Gold is safe ? - [ ç¿»è¯æ¤é ] Australian Gold stock prices. The major stocks in the Gold index of the Australian Stock exchange. www.the-privateer.com/goldprod.html - 15k - é åº«åæª" - é¡ä¼¼ç¶²é - [ ç¿»è¯æ¤é ] Our stock market updates are part of our newsletter's work to make it easy for you to find the information you want. Much of it is free, including gold and ... www.the-privateer.com/chart/g-ind.html - 2k - é åº«åæª" - é¡ä¼¼ç¶²é www.the-privateer.com çå
¶å®ç¸éè³è¨ » - [ ç¿»è¯æ¤é ] A Directory ... 100's of Gold Mining companies from Australia & around the world, company financial reports, gold newsletters, investment funds, ... www.afsd.com.au/gold1.html - 34k - é åº«åæª" - é¡ä¼¼ç¶²é - [ ç¿»è¯æ¤é ] Overall the performance of the Australian Gold Sector has been lacklustre considering the USD and AUD gold price appreciation and the strong stock market ... www.gold-eagle.com/gold_digest_05/locantro122705.html - 12k - é åº«åæª" - é¡ä¼¼ç¶²é - [ ç¿»è¯æ¤é ] LONDON, September 1 (newratings.com) â" Analysts at UBS say that Australian gold stocks appear to have attractive valuations and Australian gold assets are ... www.newratings.com/analyst_news/article_1359331.html - 22k - é åº«åæª" - é¡ä¼¼ç¶²é - [ ç¿»è¯æ¤é ] Australian Gold Stocks Rise, Led by Newcrest; Westpac Drops. By Em! ma O'Brien. Enlarge Image/Details. Jan. 14 (Bloomberg) -- Australian gold producers rose, ... www.bloomberg.com/apps/news?sid=ac1SgkkUuiJQ&pid=20601080 - é¡ä¼¼ç¶²é - [ ç¿»è¯æ¤é ] Gold Sector: Australian Gold Stock Tips: Teaser: Gold stocks on the up and up in Australia; Here are some Gold Stock Picks from ... while to examine some of ... www.mysharetrading.com/2006/07/22/australian-gold-stocks.htm - 36k! - é åº«åæª" - é¡ä¼¼ç¶²é - [ ç¿»è¯æ¤é ] PERTH - Australian gold stocks surged on Monday after world bullion prices rallied on news that major producer Placer Dome had suspended its forward sales ... www.atimes.com/oceania/BB08Ah02.html - 12k - é åº«åæª" - é¡ä¼¼ç¶²é - [ ç¿»è¯æ¤é ] Home Page for the World's Gold Stock Investors. ... Historical Prices - London Fix - Lease Rates - Australia Gold Council · World Gold Council - LBMA - Gold ... www.goldstockcenter.com/ - 49k - é åº«åæª" - é¡ä¼¼ç¶²é - [ ç¿»è¯æ¤é ] Technorati tags: gold stocks australia, australian stock market Crashes, australian gold stock shares, australian gold mining companies, gold miners market ... netmillionare.blogspot.com/2007/10/australian-gold-stocks-and-companies.html - 199k - é åº«åæª" - é¡ä¼¼ç¶²é ------------------------------------------------------------------ FINANCE NEWS. Company News. Australia · New Zealand. Hot Topics ... Aussie stocks off nearly 1% on resources, banks - Reuters Finance News, Australia ... au.biz.yahoo.com/financenews/hot_stocks.html - 22k - Cached - Similar pages Australia · New Zealand. Hot Topics .... 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My picks for 2008 in RED ...netmillionare.blogspot.com/2007/12/hot-australian-stocks-shares-for-2008.html - 176k - Cached - Similar pages Hot Stocks: 2007 Review Despite being hit by global setbacks, the Australian economy continued to grow strongly, with companies attracting high prices and ... www.bulletin.ninemsn.com.au/article.aspx?id=343422 - 71k - Cached - Similar pages The IAG success story remains very much intact, despite the recent setback. - www.theage.com.au/news/investment/hot-stock-iag/2007/06/18/1182019025595.html - Similar pages 21 Responses to âClimbing Trip to Kuala Lumpur!â .... The credit card, credit cards, plastic cards, mastercard, visa, carding, cvc, damp, dump, bank cards, ... www.nusclimb.! com/archives/climbing-trip-to-kuala-lumpur/ - 31k - Naka-Cache - Mga katulad na webpage ... whose design credits include the Petronas Towers in Kuala Lumpur, ... 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Centro properties Group and centro Retail Group securities hav! e been placed in a trading ... www.feedzilla.com/search/Business/centro%20properties - 34k - Cached - Similar pages Search for news stories and add them to your website and blog. ... CENTRO properties group said today the Australian property trust has been unable to ... www.feedzilla.com/search/Business/properties%20group - 33k - Cached - Similar pages More results from www.feedzilla.com » Blog: M(o)use Droppings · Blog: CheckRaise · Blog: Catwalk Talk · Blog: The Ale Files ... Shares in Australian property investor Centro Property Group, ... www.stuff.co.nz/4352075a6026.html - Similar pages Centro Properties Group, Australia's second-largest owner of shopping centres, has become the latest victim of the global credit crisis after investors ... www.stuff.co.nz/4328676a6026.html - Similar pages More results from www.stuff.co.nz » My dabble in Centro Properties stock (CNP) continued to pay off today, rising to around $1.50 .... Blog Flux MapStats: Stats and Counter for Enough Wealth. enoughwealth.! com/2007/12/centro-properties-bonanza.html - 93k - Cached - Similar pages Sold Centro Properties. I bought 3.000 shares in Centro last week at $0.66 after news of it's .... Blog Flux MapStats: Stats and Counter for Enough Wealth. enoughwealth.com/2007/12/sold-centro-properties.html - 93k - Cached - Similar pages More results from enoughwealth.com » Please specify "Economics" or "Housing Sites" and provide a link to my blog. .... Centro Properties Group, the owner of 700 U.S. shopping malls ... say[s] ... calculatedrisk.blogspot.com/2007/12/cre-centro-properties-struggling-to.html - 283k - Cached - Similar pages Centro Properties Group, facing a Feb. 15 deadline to refinance A$3.9 billion ($3.4 billion) of debt, will consider offers for all its assets including 700 ... calculatedrisk.blogspot.com/2008/01/cre-centro-seeks-buyers.html - 281k - Cached - Similar pages Australian Stock Watch: Centro Properties Brings down market - 17 ... Blog posts about centro properties · Honey, I Shrunk The Company" Centro Properties Doen 76 Per Cent - immobilienblasen - 17 Dec 2007 by jmf ... netmillionare.blogspot.com/2007/12/centro-properties-brings-down-market-17.html - 172k - Cached - Similar pages Centro Properties Group and Centro Retail Group, on January 11, ... Centro Properties Group Limited said it was looking for expressions of interest from ... investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=876144 - 56k - Cached - Similar pages Centro Retail Group operates as a retail property ! trust in Australia and the United ... Centro Properties Group and Centro Retail Group, on January 11, ... investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=23038820 - 55k - Cached - Similar pages More results from investing.businessweek.com » Australian Stock Marke! t (ASX) Blog - Up to date news, gossip on the big ... STAPLED securities in Centro Properties Group fell more than 40 per cent after ... aussiestockblog.com/ - 22k - Cached - Similar pages Video: Centro Properties Must Finance $3.4 Billion in Debt by Feb. 15th ... Latest Blog Entries on News from around the Blogosphere: ... www.blogowogo.com/blog_article.php?aid=1169444&t=16 - 54k - Cached - Similar pages Centro Properties Group will put itself up for sale ahead of a Feb. 15 deadline to refinance $3.4 billion in debt, the beleaguered Australian shopping mall ... money.cnn.com/2008/01/02/news/international/centro_sale.ap/ - 46k - Cached - Similar pages MELBOURNE, Australia (AP) -- Centro Properties Group will put itself up for sale ahead of a Feb. 15 deadline to refinance $3.4 billion in debt, ... money.cnn.com/2008/01/02/news/international/centro_sale.ap/index.htm?postversion=2008010207 - 45k - Cached - Similar pages More results from money.cnn.com » CNP - Centro Properties Group Stocks AH. ... Check out my sharetrading blog @ www.allords.blogspot.com. vishalt. View Public Profile ... www.aussiestockforums.com/forums/showthread.php?p=244786 - 96k - Cached - Similar pages CNP - Centro Properties Group Stocks AH. ... Moderator. Join Date: Jan 2005. Location: The Lucky Shag, WA. Posts: 1501. Blog Entries: 6 ... www.aussiestockforums.com/forums/showthread.php?p=244992 - 62k - Cached - Similar pages More results from www.aussiestockforums.com » Centro Properties of Australia is set to become the fifth-largest operat! or of shopping ... Centro Properties Group, the owner of 700 U.S. shopping malls, ... immobilienblasen.blogspot.com/ - 100k - Cached - Similar pages CENTRO Properties CEO Andrew Scott, regarded as a flawed genius in a previous job ..... Keep up to date with the John Durie Blog delivered straight to you. ... blogs.theaustralian.news.com.au/johndurie/index.php/theaustralian/comments/blind_faith_cost_b! oss_scott_27m - Similar pages Australia-based Centro Properties Group earlier this year acquired New Plan ... day as we scan the horizon of the retail real estate business. Blog Home ... retailtrafficmag.com/management/experts/centro_properties_group/ - 47k - Cached - Similar pages Suddenly, one of the largest owners of shopping centers in the United States, Australia-based Centro Properties Trust, is on the verge of collapse unless it ... retailtrafficmag.com/marketprofile/international/credit_threat_centro_properties_trust_1219/ - 54k - Cached - Similar pages However, Centro Properties has provided a harsh lesson in the value and need .... you might be interested in this blog post: Property trust fallout Friday, ... blogs.news.com.au/news/smartinvesting/index.php/news/comments/property_trust_fallout/ - 94k - Cached - Similar pages ! Feel free to copy the HTML code below and paste it on your website or blog page. CENTRO PROPERTIES ... www.businessday.com.au/news/company/CNP - 25k - Cached - Similar pages BrisTimes 12:00am 03 Jan 2008 CENTRO PROPERTIES GROUP finally raised the white ... to copy the HTML code below and paste it on your website or blog page. ... www.businessday.com.au/news/company/CER - 25k - Cached - Similar pages More results from www.businessday.com.au » Shares in Centro Properties dropped 23 per cent on Thursday on renewed fears over the financial future of the second-largest shopping mall owner in ... www.ft.com/cms/s/37d23516-bf67-11dc-8052-0000779fd2ac.html - 33k - Cached - Similar pages Centro Properties has been approached by MFS Ltd with an offer to take over as administrator of about 35 unlisted property funds. - news.theage.com.au/centro-properties-on-trading-halt/20080111-1le8.html - Similar pages Centro Properties Group Ltd and Centro Retail Group Ltd securities have been placed in a trading halt pending the release of an announcement by the company. news.theage.com.au/centro-securities-placed-in-trading-halt/20080111-1le8.html - Similar pages More results from news.theage.com.au » Centro Property's share has plunged more than 90 percent since trading at A$10.02 in May. ... A! bout two-thirds of Centro's 810 properties are in the U.S. ... www.tmcnet.com/.../-australias-troubled-centro-properties-replaces-chief-executive-/2008/01/15/3210174.htm - 131k - Cached - Similar pages Australia's troubled Centro Properties replaces chief executive.! ... Centro Property's share has plunged more than 90 percent since trading at A$10.02 in ... www.tmcnet.com/.../-australias-troubled-centro-properties-replaces-chief-executive-/2008/01/14/3209928.htm - 130k - Cached - Similar pages MELBOURNE, Australia (AP) - Centro Properties Group replaced its chief executive Tuesday as it struggles to refinance billions of dollars! in debt because of ... www.pr-inside.com/australia-s-troubled-centro-properties-replaces-r386490.htm - 18k - Cached - Similar pages Melbourne-based Centro Properties, Australia's second-largest owner of ... Ltd. said it had made a friendly proposal to Centro Properties to manage 35 ... www.pr-inside.com/australia-s-centro-prop! erties-centro-retail-r381562.htm - 18k - Cached - Similar pages More results from www.pr-inside.com » Trading in shares of Australia's debt-troubled Centro Properties Group and Centro Retail ... Print this · Email this · Blog this · IM this. Sponsored links ... www.msnbc.msn.com/id/22601881/ - 41k - Cached - Similar pages Centro Properties Group, which is struggling to refinance billions of dollars in debt because of the. ... Blog: Investment ideas ... www.canadianbusiness.com/markets/market_news/article.jsp?content=D8U61T500 - 36k - Cached - Similar pages Trading in shares of Centro Properties, the Australian-listed property trust and owner of US shopping malls, was suspended Friday, pending an announcement ... ftalphaville.ft.com/blog/2008/01/11/10087/centro-shares-suspended-before-statement/ - 27k - Cached - Similar pages Trading in shares of Centro Properties, the Australian-listed property trust ... Centro Properties Group, the Australian owner of 700 US shopping malls that ... ftalphaville.ft.com/blog/?s=centro+properties - 30k - Cached - Similar pages More results from ftalphaville.ft.com »! a> Centro Properties Group (Australian:CNP) Contact Information Centro Properties Group Centro The Glen, 3 Fl., 235 Springvale Rd. www.answers.com/topic/centro-properties-group - 73k - Cached - Similar pages MELBOURNE, Australia: Centro Properties Group replaced its chief executive Tuesday as it struggles to refinance billions of dolla! rs in debt because of the ... www.iht.com/articles/ap/2008/01/15/business/AS-FIN-COM-Australia-Centro.php - 157k - Cached - Similar pages MELBOURNE: Centro Properties Group replaced its chief executive Tuesday as it struggles to refinance billions of dollars in debt because of the global ... www.iht.com/articles/2008/01/15/business/15centro.php - 157k - Cached - Similar pages More results from www.iht.com » No one's talked about their time with New Plan Excel/Centro Properties Group yet. Be the first to tell the world about your experiences with the ... www.jobster.com/at/company/New+Plan+Excel%2FCentro+Properties+Group - 23k - Cached - Similar pages Answer questions about your time with New Plan Excel/Centro Properties Group. Share this page on Facebook. People tagged New Plan Excel/Centro Properties ... www.jobster.com/at/company/New+Plan+Excel%2FCentro+Properties+Group/people - 22k - Cached - Similar pages More results from www.jobster.com » MELBOURNE, Australia -- Centro Properties Group will put itself up for sale ahead of a Feb. ... owning and managing your own business. WashBiz Blog ... www.washingtonpost.com/wp-dyn/content/article/2008/01/02/AR2008010200621.html - Tasman Goldfields Ltd (ASX: TGX), which listed late last year, already has planning underway to undertake drilling on gold properties in the Australian ... www.mineweb.com/mineweb/view/mineweb/en/page36?oid=38953&sn=Detail - 50k - Tárolt változat - Hasonló oldalak Is it time to be a blue chip buyer or is it better to be in cash? ... Strike Price Notice - Ag,Fim,100 oz Gold,5000 oz Silver,January 14, 2008 - Jan 11, ! ... netmillionare.blogspot.com/2007/10/good-buy-or-bad-buy-blue-chip-stocks-or.html - 169k - Tárolt változat - Hasonló oldalak Bluechip gold/oil ASX Stock Chat. ... Aussie Stock Forums > ASF Stock Discussion > ASX Stock Chat. Reload this Page Bluechip gold/oil ... www.aussiestockforums.com/forums/showthread.php?t=754 - 51k - Tárolt változat - Hasonló oldalak Financial Analyst - Blue Chip, ASX Listed Firm - Ongoing Career Opportunities ... Warrnambool, Regional, North, Gold Coast, Sunshine Coast, Central Coast ... mycareer.com.au/.../5585548+financial+analyst+blue+chip+asx+listed+firm+ongoing+career+opportunities.aspx - Hasonló oldalak ... of a busy reporting week for some of the ASX's blue chip companies. ... Gold stocks were in demand as the spot price of gold in Sydney jumped $US8.50 ... www.smh.com.au/articles/2004/02/09/1076175105322.html?from=storyrhs - 31k - Tárolt változat - Hasonló oldalak Blue chip plunges drag ASX lower. Posted October 13, 2005 17:43:00 Updated October 13, 2005 18:12:00 ...! Spot Gold is trading at $US473.50 an ounce. ... www.abc.net.au/news/stories/2005/10/13/1481809.htm - 18k - Tárolt változat - Hasonló oldalak That means selling assetsâ¦which may turn out to be blue chip stocks. ... Did you catch the rather shocking quote from Wells Fargo (ASX:WFC) chief John ... www.dailyreckoning.com.au/banks-shed-stocks/2007/11/16/ - 35k - Tárolt változat - Hasonló oldalak The S&P/ASX 50 - consisting of the largest companies in Australia based on market capitalisation - holds many of Australia's most well-known blue-chip ... www.viridianwealth.com.au/?page=sow.php&a=da&aid=11352&cid=740 - 20k - Tárolt változat - Hasonló oldalak Blue-chip fire sale lures buyers. Published at August 17, 2007 in ASX. THE Australian share market yesterday suffered its biggest one-day fall since 2000, ... aussiestockblog.com/390/blue-chip-fire-sale-lures-buyers.htm - 9k - Tárolt változat - Hasonló oldalak BCF BLUE CHIP FINANCIAL SOLUTIONS LIMITED BCF asx, BCF asx chat forum ... asx stocks Iron Ore Stock Chat, Gold Stocks, GAS Shares, ! Coal Shares ... www.asx-chat-forum.com/viewtopic.php?t=315 - 43k - Tárolt változat - Hasonló oldalak From http://netmillionare.blogspot.com/2008/01/gold-is-safe.html - 16/01/2008 5:50:00 PM Will Zinifex get its allegiance approved ? Australian shares extended their losing streak to seven sessions on Tuesday, with sentiment hit by a renewed plunge in Centro Properties Group CENTRO PROP15 January,2008 15/01/2008 19:10 Sydney, Australia.Value Change % Change 0.600 -0.260 -30.230% CNP.AX , 0.600, -0.260, -30.230%) and as financial stocks eased on ongoing U.S. economic worries. Analysts said investors were nervous ahead of earnings reports later this week from big U.S. financial firms that have been hit by the fallout from the subprime mortgage crisis. "Even though (problems have) been telegraphed, people are waiting to make sure there's no further surprises there," said Tony Russell, a senior equities adviser with ABN AMRO Morgans. The benchmark S&P/ASX 200 index (.AXJO S&P/ASX 20015 January,2008 unofficially ended down 0.33 percent, or 20 points, at 5,960.0, retreating after early gains of over 1 percent in early trade which followed a strong performance on Wall Street. Lead and zinc producer Zinifex Ltd insists its takeover offer for nickel hopeful Allegiance Mining NL remains compelling, despite the target announcing a 10 per cent increase in resources at its flagship Avebury project. Allegiance and its largest shareholder, China's Jinchuan Group Ltd, recently denounced Zinifex's unsolicited bid of up to $744.93 million as not reflecting of the true value of the company. In a statement, Allegiance chairman Tony Howland Rose said the resource increase demonstrated the "enormous potential value still to be unlocked" in and a! round Avebury. However, Zinifex said it had already factored the upside in the resource into its bid. "In formulating the valuation behind Zinifex's offer, Zinifex assumed that sufficient resources would be discovered to increase the mine life beyond its current nine year life and expand the processing plant beyond its current 900,000 tonnes per annum design capacity," Zinifex said in a statement. Zinifex previously said it had sufficient financial clout to inject the required capital into the project, implying that Allegiance's pockets were not deep enough for undertaking. "... expansions and extensions will also require considerably more capital to be invested in exploration and development in the area," the predator said in its statement. "Zinifex's offer is compelling for Allegiance shareholders, providing an immediate opportunity to realise a substantial all-cash premium for their ! investment. "This is particularly so when shareholders take into consideration the current volatile and uncertain market conditions." Allegiance has advised shareholders to take no action and make no decision regarding Zinifex's bid, which it described as "opportunistic". Zinifex's offer is 90 cents per Allegiance share but will be increased to $1.00 per share if the suitor acquires more than 30 per cent of its target, or gains board approval. The closing date for the two-tiered offer is February 8. Allegiance is expected to release its target's statement on Thursday. Production at Avebury is scheduled to commence in the first quarter of 2008. Allegiance's shares closed 2.5 cents higher to $1.07 on Tuesday while Zinifex's shares finished eight cents weak! er to $10.67.
Govt to hire taxi rank security guards The ACT Government will employ security guards at the Alinga Street taxi rank in Canberra's city centre from this weekend, in response to cab drivers' concerns about their safety. Acti....... ABC- Tuesday January 15, 2008, 6:50 pm Uranium industry will flourish if Labor lets it: analyst A uranium industry analyst says the sector's share market performance will only improve if the new Labor Government allows it to flourish. Warwick Grigor, from Far East Capital, has ju....... ABC- Tuesday January 15, 2008, 6:42 pm Nylex gives predator more time for info Building, automotive and plastics products maker Nylex Ltd has agreed to give potential pr! edator CHAMP Private Equity more time to submit a firm takeover proposal.The board of Nylex announce....... AAP- Tuesday January 15, 2008, 6:29 pm Franchisor BSR says Xmas trade excellent National franchisor BSR Australia Ltd says it has had an "excellent" Christmas and that a continuing strong appetite for electronics should boost sales in 2008.The unlisted company behind th....... AAP- Tuesday January 15, 2008, 5:48 pm Public transport 'smart card' coming soon: Lucas The Queensland Government says tunnels, busways and smart card tickets will revolutionise public transport in the south-east of the state. But the Opposition says the card is years beh....... ABC- Tuesday January 15, 2008, 5:25 pm UPDATE 2-Allegiance lifts nickel resource estimate (Adds Z! inifex reaction) By James Regan SYDNEY, Jan 15 (Reuters) - Allegiance Mining Ltd (ASX: AGM.ax) , fighting a hosti....... Reuters Finance News, Australia- Tuesday January 15, 2008, 5:24 pm Allegiance offer compelling: Zinifex Lead and zinc producer Zinifex Ltd insists its takeover offer for nickel hopeful Allegiance Mining NL remains compelling, despite the target announcing a 10 per cent increase in resources at its fl....... AAP- Tuesday January 15, 2008, 5:13 pm Count Financial downgrades earnings Investment management group Count Financial Ltd has downgraded its annual earnings guidance by 5.6 per cent amid ongoing turbulence in global investment markets, compounding a recent run on its sha....... AAP- Tuesday January 15, 2008, 5:07 pm Scotgold makes stellar market debut Perth-based gold explorer Scotgold Resources Ltd ! made a stellar debut on the Australian stock exchange, as investors sought the safe haven of the precious metal amid shaky world markets.Scot....... AAP- Tuesday January 15, 2008, 5:04 pm Panasonic 'EVOLTA' Sets Guinness World Record For the Longest Lasting AA Alkaline Battery Osaka, Japan, Jan 15, 2008 - (JCN Newswire) - Panasonic, the brand by which Matsushita Electric Industrial Co., Ltd. is known, today announced that its new 'EVOLTA' AA batteries have entered the Guinn....... JCN Newswire- Tuesday January 15, 2008, 5:03 pm Centro drags Aust market lower The plummeting share price of struggling property group Centro has dragged down the Australian share market, despite a good lead from Wall Street and firmer commodity prices. The domes....... ABC- Tuesday January 15, 2008, 5:02 pm AUDIO: Copper Strike Limited (ASX:CSE) - Excellent Results From Jackson Drilling - Mr Terry Lees, Exploration Manager Melbourne, Australia, Jan 15, 2008 - (ABN Newswire) - Copper Strike Limited (ASX: CSE) - Excellent Results from Jackson Drilling - Mr Terry Lees, Exploration Manager; Copper Strike Limited (ASX: CSE)....... ABN Newswire- Tuesday January 15, 2008, 4:54 pm Aussie stocks fall for 7th session; Centro dives (Adds detail, comment) SYDNEY, Jan 15 (Reuters) - Australian shares extended their losing streak to seven sessions on Tuesday, with sentiment hit by a renewed plunge in Centro Properties G....... Reuters Finance News, Australia- Tuesday January 15, 2008, 4:52 pm Govt will 'exercise restraint' in first Budget: Swan Federal Treasurer Wayne Swan says the Government will exercise restraint in drafting its first Budget, in an attempt to put downward press! ure on inflation. Prime Minister Kevin Rudd an....... ABC- Tuesday January 15, 2008, 4:39 pm Rail workers reject pay offer Adelaide rail workers have voted against TransAdelaide's latest pay offer. Trains were out of service for more than four hours today while drivers held a stop work meeting. The work....... ABC- Tuesday January 15, 2008, 4:32 pm Also Inside Finance News: From http://netmillionare.blogspot.com/2008/01/will-zinifex-get-its-allegiance.html - 15/01/2008 5:27:00 PM Australian & New zealand Stock market Down The ASX 200 index eased 1.6 points to 5980 while the All Ordinaries index lost 13.5 points to 6040.9. On the economic front the ANZ Bank said the total number of jobs advertised in major metropolitan newspapers and on the internet jumped 7.1 per cent in December. In futures the March SPI200 index lost 39 points to 5965. Trading was busy with turnover of $5.4 billion, comprising 353 rises, 959 falls and 320 steadies. BHP Billiton was the day's busiest stock by value with turnover of $436 million and shed 6c to $38.24. Rio Tinto slid 60c to $125, Zinifex slumped 34c to $10.75 and Alumina was 13c lower at $6.10. Among the banks Commonwealth fell 19c to $55.70, Westpac slid 38c to $25.62, ANZ dipped 4c to $25.68 and National eased 3c to $35.17. Macquarie Group improved $1.22 to $71.10, Suncorp-Metway gained 23c to $15.60, AMP put on 9c to $9.19, IAG jumped 14c to $3.95, Stockland declined 13c to $7.39, Lend Lease sl! id 21c to $15.60, Sims Group advanced 42c to $25.17, Amcor climbed 22c to $6.92, Orica retreated 66c to $30.83, Telstra added 2c to $4.62, Consolidated Media rose 9c to $3.99, Seven Network dropped 32c to $12.13, Billabong retreated 60c to $12.28, Flight Centre slumped $1.71 to $29.62, Wesfarmers climbed 84c to $38.84, Leighton dropped 75c to $52.30, Toll Holdings soared 77c to $10.92, Woolworths improved 33c to $33.69, Foster's Group gained 9c to $6.37 and Cochlear retreated $2.15 to $70.10. Woodside Petroleum rose 25c to $51.10 in oil and gas, Caltex put on 18c to $18.88 while Oil Search slid 10c to $4.63 and AGL Energy gave back 20c to $12.85. Goldminers found strong support with Newcrest rising 50c to $38.49, Newmont climbed 19c to $6.14 and Lihir was up 4c at $3.98. In New Zealand the NZX 50 fell 48 points to 3824.2 and Hong Kong's Hang Seng had eased eight points to 26,859 by the mid-session interval. Gold is worth $US895.30! an ounce and the Australian dollar is changing hands at US89.53c. Ten-year bond yields were down 5.75 points at 6.07 per cent. International Stock Targets: Adds Primus Telecommunications Group ... Trading Markets (press release), CA - 10 Jan 2008 ... charge of Aus$2.50, as compared to Telstra's proposed charge of Aus$9.00 per month. International Stock Targets is a world renowned research firm, ... Small Cap Stock Winners - SHBK, PRFT, ROY, PRTL TransWorldNews (press release), GA - 9 Jan 2008 The Final Determination issued by ACCC for LSS services mandated a monthly charge of Aus$2.50, as compared to Telstra's proposed charge of Aus$9.00 per ... Credit Suisse Eq Aus - EPT Disclosure Reuters - 9 Jan 2008 KEY INFORMATION Name of exempt principal trader Credit Suisse Equities (Australia) Limited Company dealt in BHP Billiton Limited Class of relevant security ... AIM Resources finds errors in zinc project report, withdraws ... The Canadian Press - 31 Dec 2007 On the Australian Stock Exchange, the shares were down one cent at 11.5 cents Aus. AIM Resources had originally intended sell up to A$50 million worth of ... QinetiQ buys two Australian consultancies Guardian Unlimited, UK - 2 Jan 2008 ... the former ministry of defence technology group that was controversially floated on the London Stock Exchange, has made its first move into Australia, ... BlackRock Group - Rule 8.3-BHP Billiton Limited Reuters - 7 Jan 2008 DEALINGS (Note 4) (a) Purchases and sales Purchase/sale Number of securities Price per unit (Note 5) Purchase 2814 Aus$ 40.762 Purchase 45800 Aus$ 40.825 ...  Seeking Alpha
TSX Group: An Undervalued Takeover Candidate Seeking Alpha, NY - 4 Jan 2008 Comparisons of Valuation with ASX Limited (Australian Stock Exchange) appears to be most appropriate on a comparable basis, due to the fact that Canada and ... Arasor a! cquires Novalux for $7m Optics.org, UK - 11 Jan 2008 Australian company Arasor, buoyed by a $300 m joint venture with Chinese telecoms equipment maker ZTE, has bought Novalux for $7 m in Arasor stock and has ... Merrill Lynch (EPT) - EPT Disclosure Reuters - 7 Jan 2008 DEALINGS (Note 2) (a) Purchases and sales Total number of securities purchased Highest price paid (Note 3) Lowest price paid (Note 3) 35949 AUS 39.96 AUS ... AUS: All options on the table, says Dairy Farmers just-food.com (subscription), UK - 20 Dec 2007 The co-operative has been mulling whether to list on the Australian Stock Exchange and it insisted all options remain on the table. US STOCKS  Boston Globe
Recession Fears Pull Blue Chips Wall Street Journal - 11 Jan 2008 The concern is that higher raw-commodities costs are eating into the earnings potential of consumer goods manufacturers, said Tim Smalls, head of US stock ... US markets fall fearing bank write-downs Telegraph.co.uk Amex Warning Keeps Market in the Red; Dow Falls 246 Points FOXNews Stocks Slammed by Bad Credit Fears The Associated Press MSN Money all 753 news articles » US, emerging market stock funds bleed cash -EPFR Reuters - 11 Jan 2008 US stock funds had a net outflow of $8.14 billion while long-only emerging market equity funds lost $2.5 billion to redemptions. US real estate took in $771 ...  Conde Nast Portfolio
US Stock-Index Futures Fall; American Express, Merrill Drop Bloomberg - 11 Jan 2008 11 (Bloomberg) -- US stock-index futures retreated on concern that credit-market turmoil may take a bigger toll on earnings than companies and analysts ... US Stock Futures Fall; American Express, Countrywide Retreat Bloomberg US Stocks Drop for Third Week as Recession Speculation Builds Bloomberg US Stocks Tumble on Growth Concern in Worst Start Since 1982 Bloomberg all 27 news articles » Those Who âGet Itâ in Todayâs Stock Market Daily Reckoning - Australian Edition, Australia - 6 hours ago US Treasury Secretary Paulson says heâs run out of âeasy answersâ for the credit crunch problem. And the US stock market registered its worst first five ... Australian stock market closes lower after US dip and inflation ... NEWS.com.au, Australia - 2 hours ago THE stock market closed slightly lower today, following another poor performance on markets in the United States on Friday and local figures showing more ... US stock futures lower on AmEx, Merrill fears MarketWatch - 11 Jan 2008 By Steve Goldstein, MarketWatch LONDON (MarketWatch) - US stock futures on Friday slipped after the previous session's rate-cut-hope fueled advance, ... US stock futures lower on American Express, Merrill fears MarketWatch - 11 Jan 2008 By MarketWatch LONDON (MarketWatch) - US stock futures on Friday pointed to a weaker start even with financial services merger-and-acquisition activity in ... US markets still in the red Globe and Mail all 4 news articles » TREASURIES-Stock rout, rate-cut bets lift bonds Reuters - 11 Jan 2008 Major US stock indexes ended lower on Friday, falling three weeks in a row. The Dow Jones Industrial average .DJI skidded nearly 250 points or 2 percent on ... US stock index futures point to weak opening Globe and Mail, Canada - 10 Jan 2008 US stock index futures slipped a little Thursday morning, as credit card issuer Capital One Financial Corp. became the latest lender to issue a profit ... US stock futures fall further after jobless claims data Forbes, NY - 10 Jan 2008 NEW YORK (Thomson Financial) - US stock futures were trading lower, then fell further after the release of weekly jobless cl! aims data. ... EUROPE European Stock-Index Futures Retreat; Tesco, Siemens May Drop Bloomberg - 32 minutes ago ``This negative sentiment is already prevailing in Asian markets and expectations are understandably that European stocks will come under pressure too. ...  New York Times
Europe Takes Africaâs Fish, and Migrants Follow New York Times, United States - 3 hours ago Worldwide, the United Nations Food and Agriculture Organization es! timates that 75 percent of fish stocks are overfished or fished to their maximum. ... Asia Day Ahead: US Stocks Fall; China May Slow at Worst Time Bloomberg - 12 hours ago European stocks fell for a fifth week, the longest losing streak since August, as the European Central Bank and the Bank of England failed to ease concern ...  Conde Nast Portfolio
McDonald's sales slow i! n face of competition Xinhua, China - 6 hours ago McDonald's fell US$3.85, or 6.6 percent, to US$54.32 in New York Stock Exchange composite trading on Friday, the biggest drop since May 2003. ... McDonald's soaring US growth slowing: survey Crain's Chicago Business all 40 news articles » UniCredit seeks local investors for Poland's bourse Jerusalem Post, Israel - 1 hour ago "I would not be surprised if we can attract at least half a dozen Israeli companies to the Warsaw Stock Exchange in 2008," said Jaroslaw Jan Derylo, ... Murdoch tries again with German pay TV Sydney Morning Herald, Austral! ia - 19 hours ago Premiere is the only pay TV provider of meaningful size in that market and the last remaining independent pay TV business in Western Europe that he could ... Rupe returns to German perch Variety all 5 news articles »  Turkish Press
European Stocks to Weather `Flat' Earnings, ABN Says (Update1) Bloomberg - 12 Jan 2008 11 (! Bloomberg) -- European stocks may rise about 5 percent this year as investors pay up ahead of a rebound in profit growth, according to ABN Amro Holding ... European Stocks Decline; L'Oreal, Unilever, Nestle, Nokia Fall Bloomberg European Stocks Decline; Unilever, L'Oreal Drop on Downgrades Bloomberg Global Stocks, US Futures Fall; L'Oreal, Merrill Decline Bloomberg all 27 news articles » Beiersdorf, Fraport, ProSiebenSat.1, TUI: German Equity Preview Bloomberg - 30 minutes ago Stock symbols are in parentheses after compa! ny names and prices are from the last close. DAX futures expiring in December declined 28.50, or 0.4 percent, ... European Stocks Decline for 5th Week; Retailers Drop (Update1) Bloomberg - 12 Jan 2008 12 (Bloomberg) -- European stocks fell for a fifth week, the longest losing streak since August, as the European Central Bank and the Bank of England failed ... Consumer, Food Stocks Fall In Europe; Asian Indexes Slip Wall Street Journal all 5 news articles » Reuters Canada Business SummaryReportonBusiness.com, Canada - 35 minutes ago But Taiwan stocks rose 1.8 percent to a one-week high following a resounding win by the China-friendly Nationalist Party (KMT) in Saturday's legislative ... BRAZIL STOCKS MARKET Czech investors eye emerging markets, despite volatility, risks Czech Business Weekly, Czech Republic - 1 hour ago Still, market professionals are largely betting that stocks in Brazil, Chile and Argentina will come out ahead next year. Analysts say that Latin American ... Alok, ICICI, Jaiprakash, Reliance, Tata Motors: India Preview Bloomberg - 4 hours ago 14 (Bloomberg) -- The following stocks may rise or fall in Mumbai today. Prices refer to the close on Jan. 11. The preview includes news that broke after ... Brazil Bovespa Falls With Materials, led by Vale: Latin Stocks Bloomberg - 11 Jan 2008 11 (Bloomberg) -- Brazil's main stock index fell the most in a week, led by Cia. Vale do Rio Doce and Petroleo Brasileiro SA, as prices of nickel and oil ... India's Sensex Declines; Bharti Falls as Rival Gets Airwaves Bloomberg - 17 minutes ago India's third-biggest carmaker sees Brazil as an ``obvious'' market for the Nano, the $2500 car it unveiled last week, Folha de Sao Paulo reported Jan. ... Big Sam reaches the age of mutual consent Guardian Unlimited, UK - 5 hours ago He did a self-serving interview with Alan Brazil on TalkSport, in which,! bizarrely, he appeared to blame an injury to the Manchester United goalie Ben ... Brazilian stock market Financial Times, UK - 10 Jan 2008 Last year Brazil seemed poised to shrug off its reputation as the laggard of the BRICs, the four hot emerging economies roped together by Goldman Sachs back ... Going For Gold With Yamana Seeking Alpha, NY - 20 hours ago Yamana Gold is a Canadian gold miner, with seven gold and copper-gold mines in Brazil, Chile, and the United States. In addition to current gold production, ... Should you go global? Mail Tribune, OR - 15 hours ago And McCall noted some new funds that focus on BRIC countries (Brazil, Russia, Ind! ia and China): Claymore Exchange Traded Fund and SPDR S&P BRIC 40. ... Mexico's Bolsa Rises on US Rates, Walmex Sales: Latin Stocks Bloomberg - 10 Jan 2008 Brazil's main stock index gained for a third day, led by Tele Norte Leste Participacoes SA after the fixed-line telephone carrier said it's in talks to buy ... Profit From the Next Economic Superpower Motley Fool - 8 Jan 2008 But somehow, against that dismal background, Brazilian stocks returned 33% in 2006 and 41% in 2007, with Brazilian flag-bearers Votorantim Celulose e Papel ... CHINA STOCKS MARKET Taiw! an's Stocks Rise After Opposition Wins Poll; Cathay Gains Bloomberg - 1 hour ago 14 (Bloomberg) -- Taiwan's stocks rose after the opposition Kuomintang party, which favors closer ties with China, won a landslide victory in parliamentary ... Taipei shares close higher after parliamentary elections - UPDATE Forbes Taipei shares sharply higher after parliamentary elections Forbes Taiwanese Investors Look For Strong KMT Win Wall Street Journal all 810 news articles » China B-shares close slightly higher led by property, liquor stocks Forbes, NY&nb! sp;- 30 minutes ago SHANGHAI (XFN-ASIA) - China B-shares closed slightly higher with gains in property developers and liquor makers supporting the market, dealers said. ... China A-shares end morning slightly higher; liquor producers gain ... Forbes China A-shares close slightly higher; liquor, gold producers gain Forbes China B-shares end morning slightly higher led by liquor, property ... Forbes Forbes all 30 news articles » Asia Day Ahead: US Stocks Fall; China May Slow at Worst Time Bloomberg - 12 hours ago US stocks fell for a third straight week, the longest streak since August, after forecasts from AT&T Inc., American Express Co. and Tiffany & Co. bolstered ... Asian Stocks Fall, Led by Shipbuilders, on Global Trade Concern Bloomberg - 1 hour ago About five stocks fell for every three that rose. Benchmarks retreated across the region apart from Taiwan, China, Indonesia and Pakistan, while Australia ... Asian Stocks Fall, Led by Shipbuilders, on Global Trade Concern Bloomberg all 10 news articles » Consumer plays win Stockpicker of the Quarter award for money ... MarketWatch - 10 hours ago Lutts, however, is enthusiastic about China. "We're going to get decades of good performance," he predicts. To those who say Chinese stocks are overvalued, ... China + Citigroup + Alwaleed = Brave New World: William Pesek Bloomberg - 11 hours ago Here's but one example: If China overheats or its stocks plunge, Wall Street shares could take a hit as investors bet on an end to bailouts from China Inc. ... Taiwan Stock Index Rises 1.79 Percent Forbes, NY - 1 hour ago The rise was led by China-related shares, including tourism and financial ! stocks. Ambassador Hotel surged the maximum 7 percent to NT$35.30. ... Asian Stocks Rise, Led by Taiwan Semiconductor After Elections Bloomberg - 6 hours ago 14 (Bloomberg) -- Asian stocks rose, led by Taiwan Semiconductor Manufacturing Co., after a landslide victory by Taiwan's opposition party in parliamentary ...  BBC News
Hong Kong stocks move downward on Friday China Knowledge Online, Singapore - 4 hours ago The Hang Seng China Enterprises Index, which tracks the state-owned Chinese enterprises listed on the Hong Kong Stock Exchange, moved do! wn by 193.94 points ... HK shrs drop on report of Merrill losses, HSBC hit Forbes Hong Kong Stock Index Drops 1.34 Percent Forbes all 24 news articles » Who's Best for Investors? Barron's - 3 hours ago The business isn't affected by the US subprime meltdown, and only a macroeconomic shock in China, the Middle East or India would hurt it. ... INDIA STOCKS BUSINESS Alok, ICICI, Ja! iprakash, Reliance, Tata Motors: India Preview Bloomberg - 4 hours ago 14 (Bloomberg) -- The following stocks may rise or fall in Mumbai today. Prices refer to the close on Jan. 11. The preview includes news that broke after ... India's Sensitive Index Rises on ICICI, Reliance; Infosys Falls Bloomberg all 11 news articles » 'India's first self-regulatory organisation within a year' Economic Times, India - 9 hours ago This could be large-sale orders on stocks that re-mained dormant for a long time. Those at the terminals pass on the information to the surveillance ... Key indices choppy, mid-caps rebound Economic Times, India - 1 hour ago Elsewhere in Asia, stocks remained weak. The Nikkei 225 was down 1.93 per cent, the Hang Seng down 0.03 per cent and the Straits Times down 0.75 per cent. Brace for a bubble Economic Times Indices open higher; SBI, ICICI lead Economic Times Sensex vaults 245 points, Infosys in red Hindu Business Line Economic Times - Moneycontrol.c! om all 46 news articles » India's Sensex Declines; Bharti Falls as Rival Gets Airwaves Bloomberg - 19 minutes ago The proposed project is likely to be set up at Talcher in India's eastern state of Orissa. The stock gained 49.85 rupees, or 1.6 percent, to 3178. ... Who's Best for Investors? Barron's - 3 hours ago The business isn't affected by the US subprime meltdown, and only a macroeconomic shock in China, the Middle East or India would hurt it. ...  Hindu Business Line
Future Capital Holdings â" IPO: Avoid Hindu Business Line, India - 12 Jan 2008 Listing gains on the stock are however a possibility, given the recent market fancy for financial services stocks. Offer details: Future Capital Holdings is ... Hopeless in hysteria Business Standard, India - 13 hours ago I am going to argue that people who wouldnât trust their neighbour with their scooter key are willing to trust hazy stocks with high discounting. ... Czech investors eye emerging markets, despite volatility, risks Czech Business Weekly, Czech Republic - 1! hour ago 112 stocks got listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE), with three out of 10 giving a return of more than ... Powerful show Business Standard, India - 13 hours ago Power utility stocks have seen good gains in recent months, further upside depends on their ability to deliver on promises. Power utility stocks have been a ... Stiff valuations Business Standard all 4 news articles » Silver traders saddled with huge imports Econo! mic Times, India - 8 hours ago A dealer in a large private bank said there were stocks waiting to be lifted by clients, who had them imported. A large wholesaler said he would send back ... Pakistan business still thriving amidst chaos Business Edge, Canada - 10 Jan 2008 Sebastien Barbe, a senior economist at investment bank Calyon, predicts Pakistan's economy will grow by 5.5 per cent next year. Pakistan's own stock market, ... Week of January 14, 2008 The Asian Banker (subscription), Singapore - 3 hours ago Japan's Nomura Holdings will team up with Omanâs BankMuscat and others including International Finance Corporation to buy Pakistan's Saudi Pak Bank for $160 ... Weekend paper roundup: A summary of money stories for advisers Reuters UK, UK - 1 hour ago The 'unknown' has already overhauled the fund's portfolio, sold 30 holdings and taken positions in ten new stocks, Prestridge writes, and is determined 'to ... Pakistan Stocks Snap 3-Day Fall on Vote: World's Biggest Mover Bloomberg - 3 Jan 2008 3 (Bloomberg) -- Pakistan's benchmark stock index rose, snapping a four-day decline, after President Pervez Musharraf vowed to hold general elections next ... Elected govt to face task of correcting economic mismanagement The News - International, Pakistan - 12 Jan 2008 The optimists point out that the cost of doing business in Pakistan is not high due to high energy cost, high interest rat! es and inadequate infrastructure. ... Pakistan's paradox: bombs, blood and record profits Reuters UK, UK - 9 Jan 2008 As Western governments have fretted about Pakistan's nuclear weapons falling into the hands of militants, the Karachi Stock Exchange's main share index has ... From http://netmillionare.blogspot.com/2008/01/australian-new-zealand-stock-market.html - 14/01/2008 5:28:00 PM Whats new on comsec broking As comsec is my prefered stock broker for price and features ..I thought i would list some new changes that i am so haapy to see on thier website which would be effective from january 18 2008 One of my pet peeves were the limited number of list you could create and the absence of top movers list on thier welcome pages , but they are all implemented , so looking forward to use thier new website.. You can have a look at Comsec Broking here
To see the full details of the latest upgrade copy and paste this link into your browser: comsec.com.au/public/news.aspx?id=913
Watchlist/Custom Portfolio updates We've updated the Watchlist and Custom Portfolio functions so that you can now: 
 Create an unlimited number of lists.

 View trade count and total value traded in your equities watchlist.

 Sort by any of the information columns.
Market Depth We've added new fields to our Market Depth screen, so you can easily see total buyers and sellers, 52-week high and low, total trades and the total trade value for that day, trading status and percentage change from the last closing price. Course of sales With the course of sales page, you can: 
 View the details of today's trades for any particular stock, warrant, indice and interest rate security.

 Filter at two different levels - last 20 trades or All trades for that day.
Trade Options online It's now easy to trade single leg ASX equity Options and index Options online on the CommSec website. Good for day orders You can now choose when your order will expire, in 20 ASX trading days or at the end of the day it was placed. Conditional orders Access an expanded range of conditions and triggers with improved Conditional Orders, including volume, time and order style. Choose your homepage You can now choose what page you'll see once youââ¬â¢ve logged in, choose between Market Depth, Watchlist, Custom Portfolio, Company Profile, Order Status and Position Summary. Historical End of Day Price downloads We've ad! ded functionality to our existing end of day price information, so instead of being able to download for up to the last 20 trading days, you can download end of day price information from the date specified by you by a single code or a complete list. Equities/Warrants trading statistics You'll now be able to view trading statistics for equities and warrants and group information to suit you, including Top % Rises, Top % Falls, Top $ Rises, Top by Trades and Top by Value. Options trading statistics To help Options traders keep an eye on the market, we've introduced a new page listing for the most active options series and active class in the current trading day Warrants Market Monitor Our new Warrants Market Monitor lets you find all warrants listed for a particular underlying security. Comsec email : shares@commsec.com.au Comsec contact number : 13 15 19 From http://netmillionare.blogspot.com/2008/01/whats-new-on-comsec-broking.html - 13/01/2008 1:50:00 PM US recession fears bring world markets down Wednesday Goldman Sachs became the latest "authority" to say that the United States may be slipping toward an outright recession, and that the housing and credit market problems would be the primary cause. In a research report Goldman Sachs said that the latest economic data indicate that the recession has arrived or soon will and that there will also be a decline in consumer spending, something that didn't happen during the tech bust recession of 2001. It is clear that the housing downturn is for real. Goldman Sachs has become the second Wall Street bank this week to declare the US economy is headed for recession this year.
The bank's chief US economis! t, Jan Hatzius, argues that the latest economic data shows recession has now arrived in the world's biggest economy - or will shortly. Hatzius, whose warning comes a day after economists at Merrill Lynch issued a US recession alert, added that the Federal Reserve will now cut interest rates from the current 4.25pc to as low as 2.5pc by the end of this year. In a research note distributed to the bank's clients, Mr Hatzius said real gross domestic product would contract by 1pc on an annualised basis in both the second and third quarters. Goldman, one of the few Wall Street banks to increase profits during the credit crisis, warned in November that ballooning losses from the US mortgage market could force the global financial industry to scale lending ba! ck by $2 trillion. The bank's economists now argue the trigger point for its forecast is the fact the unemployment rate has risen by more than a third of a percentage point from the cycle trough. "Historically, this has invariably been associated with recession, typically starting immediately and almost always within three months," he writes. A RECESSION has much the same pattern as the flu: starting with vague feelings of malaise and quickly building in misery until a patient's activities are drastically curtailed. Then, all too gradually, comes an extended period of recovery, accompanied by lingering symptoms of discomfort. With the US unemployment rate up to 4.7 per cent in September from 4.4 per cent in March, the economy is feeling a chill. Is it descending into recession? Most economists seem to be concluding that the current unpleasantness is a false alarm. They point to some good vital signs: the stockmarket is up, the US dollar is ch! eap, the rest of the world is strong and the Federal Reserve is ready to respond. But there are worrisome symptoms and they bear close watching. The most important is a creeping sense of malaise that could turn into a general loss of confidence. The downturn in the housing market and the repercussions in financial markets are critical factors. There have been only two US domestic recessions in the last quarter century, both of them also global recessions. According to the business cycle dating committee of the National Bureau of Economic Research, the first began in July 1990, the second in March 2001 How the US recession will affect australia AN INFLUENTIAL Reserve Bank board member, Warwick McKibbin, says the United States is heading for recession. The chairman of the US Federal Reserve, Ben Bernanke, expects a smooth slowdown, but Professor McKibbin predicts a housing-induced contraction will make "the Fed's job very difficult". ! "I think there will be a recession in the US next year because of the housing market coming off and consumers slowing down their spending," the Australian National University economist told the Herald. Yesterday the Bureau of Economic Analysis said US gross domestic product increased at an annual rate of 2.2 per cent in the September quarter. The figure was revised up from 1.6 per cent but remained slower than the 2.6 per cent recorded in the three months to June. A US recession would cause global long-term interest rates to drop and encourage central banks to cut official short-term rates. The pressure for lower rates will increase if, as Professor McKibbin believes, commodity prices are poised to fall. From http://netmillionare.blogspot.com/2008/01/us-recession-fears-bring-world-markets.html - 11/01/2008 8:16:00 AM Asian stocks 2008 - Japan & china & australia- Recap of 2008 - how did they perform Asian stocks rose the most this year, led by Newcrest Mining Ltd. and Jiangxi Copper Ltd., after surging demand drove prices of metals to records. Takeda Pharmaceutical Co. led drugmakers higher as investors sought shares least affected by an economic slowdown, driving a gauge of health-care companies to its biggest gain in four months. Lawson Inc. and FamilyMart Co. rose after the Japanese operators of convenience-store chains posted higher sales. ``The boom on commodities has provided investors an excuse for buying into metal shares, which are one of the market favorites now,'' said Lu Yizhen, who helps manage the equivalent of $640 million at Citic-Prudential Fund Management Co. in Shanghai. The MSCI Asia! Pacific Index climbed 0.9 percent to 154.47 as of 3:23 p.m. in Tokyo, erasing earlier losses of as much as 0.7 percent. The benchmark was set for its biggest advance since Dec. 31. Japan's Nikkei 225 Stock Average added 0.5 percent to 14,599.16. Automakers fell, led by Honda Motor Co., after a bigger- than-forecast drop in U.S. home sales added to concern that Asia's largest export market may slip into recession. National Australia Bank Ltd. paced declines among banks after Merrill Lynch & Co. said Citigroup Inc. may face additional writedowns. U.S. stocks retreated yesterday, sending the Standard & Poor's 500 Index to the lowest level since March. Newcrest jumped 6.6 percent to A$39.28, a record. Sumitomo Metal Mining Co., Japan's biggest gold producer, rose 5 percent to 1,907 yen. Zijin Mining Group Co., owner of China's largest gold mine, advanced 3.3 percent to HK$13.20 in Hong Kong. Gold, Copper Gold for immediate delivery climbed to a record $882.! 55 an ounce recently as a weakening dollar sparks demand for alternative assets. Platinum also climbed to a high, and copper gained in Shanghai by the exchange-imposed daily limit. Gold and copper are having their best start to the year since at least 1980, according to analysts including commodity broker Okachi & Co.'s Takaki Shigemoto. Jiangxi Copper, China's second-largest producer of the metal, advanced 4.2 percent to HK$19.68. Nippon Mining Holdings Inc., which controls Japan's biggest copper smelter, added 3.5 percent to 714 yen. Takeda, Japan's largest drugmaker, rose 3 percent to 6,480 yen. Astellas Pharma Inc., the nation's second-biggest, added 3.5 percent to 4,690 yen, snapping a four-day, 7.6 percent decline. Health Stocks Rally The MSCI Asia-Pacific Health Care Index jumped 2.2 percent today, the biggest advance since Sept. 7. Drug stocks led gains in Europe yesterday and were the only one of 10 industry groups to rise in the S&P 500. Toyama Chemical Co. surged 106 percent to 735 yen after saying studies of a p! otential flu drug are progressing. Nichi-iko Pharmaceutical advanced 6.5 percent to 2,625 yen after Goldman, Sachs & Co.'s Kyoko Sato rated the stock ``buy'' in new coverage. Lawson jumped 5.9 percent to 3,930 yen, its first advance since Dec. 20. FamilyMart, Japan's third-largest convenience- store chain, rose 5.2 percent to 3,460 yen. Lawson and FamilyMart, which are gaining market share from supermarkets, both reported a 6.9 percent increase in nine-month revenue yesterday. Total sales at Japan's convenience stores have risen for the past five months as operators open new outlets and increase commissions from automatic-teller machines. `Gets Worse' Shares of Honda Motor and Hyundai Motor Co. declined after the National Association of Realtors said pending U.S. home sales fell 2.6 percent in November, reinforcing concern that U.S. demand for imports will wane. ``It gets worse by the day,'' said Hans Kunnen, who helps manage $128 billion at Colonial Fir! st State Global Asset Management in Sydney. ``There is a growing possibility of a mild recession.'' Honda Motor, Japan's second-largest automaker, fell 0.9 percent to 3,480 yen. Hyundai Motor, South Korea's biggest, declined 0.4 percent to 68,800 won. Lenovo Group Ltd., the world's No. 3 maker of personal computers, slumped 11 percent to HK$5.86, the biggest loss in 14 months. The company's profit for the year ending March 2009 may be 31 percent less than previously estimated on lower sales and rising costs, CLSA Ltd. analyst Jenny Lai said. She cut her rating on the stock to ``sell.'' National Australia Bank, the country's second-biggest provider of mortgages, lost 1.2 percent to A$35.59. HSBC Holdings Plc, Europe's largest bank by market value, declined 0.6 percent to HK$127.50 in Hong Kong. Citigroup, the biggest U.S. bank, may be forced to write down $16 billion in the fourth quarter, Merrill Lynch analyst Guy Moszkowski said in a note. He almost doubled his estimate for Citigroup's loss. Commonwealth Bank Raises Interest Rate on Home Loans Commonwealth Bank of Australia raised its variable interest rate on mortgages to recoup higher funding costs, the third major Australian bank to increase borrowing costs in the past week without any action from the central bank. Commonwealth Bank, the nation's second-largest, will raise the rate for new and existing variable home loans by 0.1 percentage point to 8.67 percent from Jan. 11, it said today in a statement to the Australian Stock Exchange. The bank also lifted its rate for variable business loans by 0.15 percentage points. From http://netmillionare.blogspot.com/2008/01/asian-stocks-2008-japan-china-australia.html - 9/01/2008 5:58:00 PM Australian stocks tumble Due to US recession Fears Local stocks were punished today by worsening signs of a US recession. Wall Street took a dive on Friday and today the Australian share market followed suit, plummeting 2.3 per cent. Figures released on Friday show unemployment in the US in December rose to a higher than expected 5 per cent. The All Ordinaries Index closed 145 points lower to 6,240 and the ASX 200 also dropped 145 points to 6,161. Australian stocks fell, extending last week's decline, led by BHP Billiton Ltd. and Newcrest Mining Ltd. after prices for metals such as nickel, zinc and gold dropped on concern the U.S. housing slump is subduing consumer demand. National Australia Bank Ltd. led lenders lower after U.S. government reports on jobs and manufacturing added to concern the world's largest economy will sink into recession. Woodside Petroleum Ltd. declined along with the price of oil. ``The view is! strengthening that a U.S. recession is on the cards,'' said Jason Teh, who helps manage the equivalent of about $5.3 billion at Investors Mutual in Sydney. ``The whole world is linked to the U.S. through global trade, so when things slow there it spills out to the rest of the world.'' The S&P/ASX 200 Index slid 145.20, or 2.3 percent, to close at 6,161.60 in Sydney, its lowest close in more than four months. It declined 0.5 percent last week and has lost 9.8 percent since reaching a record high on Nov. 1. Just six of the index's 201 stocks rose as 191 dropped today. BHP, the world's largest mining company and Australia's biggest oil producer, dropped 83 cents, or 2 percent, to A$40.02. Rio Tinto Group, the world's third-largest miner, lost A$2.90, or 2.2 percent, to A$129.17. Zinifex Ltd., the world's third-largest zinc producer, slid 86 cents, or 7.1 percent, to A$11.32. Oxiana Ltd., an Australian gold and copper miner, slipped 13 cents, or 3.5 percent, to A$3.60.! A measure of six metals traded on the London Metal Exchange, including copper and nickel, lost 1.6 percent. Copper fell 0.9 percent, nickel dropped 2.6 percent, and zinc declined 3.1 percent. Gold Declines Newcrest Mining Ltd., Australia's largest gold miner, declined 79 cents, or 2.1 percent, to A$36.22, after jumping 15 percent last week, its biggest weekly gain in almost four months. Lihir Gold Ltd., a Papua New Guinea-based gold miner, weakened 18 cents, or 4.6 percent, to A$3.73. Gold dropped on speculation a rally to the highest price since 1980 last week was overdone. It fell 0.7 percent to $859.60 an ounce in after-hours trading on the Comex division of the New York Mercantile Exchange. National Australia Bank, the country's biggest bank, slid A$1.03, or 2.8 percent, to A$36.30. Commonwealth Bank of Australia, the second-largest, fell 84 cents, or 1.5 percent, to A$57.20. Macquarie Group Ltd., the nation's largest securities firm, ! slipped A$1.81, or 2.5 percent, to A$71.39. Babcock & Brown Ltd., Australia's second-biggest investment bank, dropped A$1.05, or 4.1 percent, to A$24.50. U.S. Slowdown The U.S. stock market got off to its worst start since 2000 last week. The Standard & Poor's 500 Index slipped 2.5 percent on Jan. 4, wiping out its gain from last year. U.S. payrolls grew by 18,000 last month, about one-quarter the rate forecast by economists, and unemployment increased to 5 percent, the Labor Department said Jan. 3. The Institute for Supply Management's manufacturing index dropped to 47.7, the lowest since April 2003. The Jan. 2 report, combined with a rise in the price of oil to a record $100 a barrel, spurred concern that the housing recession and slowdown in spending will halt the six-year expansion in the world's biggest economy. Woodside Petroleum Ltd., Australia's second-biggest oil producer, declined 80 cents, or 1.5 percent, to A$51.37. Santos Ltd., the third-big! gest producer, lost 25 cents, or 1.7 percent, to A$14.55. Crude oil for February delivery recently slid 0.6 percent to $97.31 a barrel in after-hours trading on the New York Mercantile Exchange. It reached a record $100.09 a barrel last week. The S&P/ASX 200's futures contract for March plunged 2.4 percent to 6,188. The broader All Ordinaries Index dropped 2.3 percent to 6,240.40. The following stocks rose or fell. Stocks symbols are in brackets after company names. Boart Longyear Ltd. (BLY AU), a provider of drilling services to mining companies including BHP, added 5 cents, or 2.2 percent, to A$2.35. Boart bought Patagonia Drill, an Argentinian minerals exploration drilling services provider, in a deal that will add more than $11 million in revenue to Boart, according to a statement to the exchange. Patagonia owns 13 drill rigs and is an industry leader in diamond drilling, Boart said. Centro Properties Group (CNP AU), the Australian owner of U.S. malls that last week put itself up for sale for failing to refinance debt, ! slipped 8.5 cents, or 6.6 percent, to A$1.20. Centro said Jan. 4 it has been unable to extend its interest rate hedges and that this may cut earnings, according to a statement to the exchange. Energy Resources of Australia Ltd. (ERA AU), producer of more than a 10th of the world's mined uranium, lost 53 cents, or 2.8 percent, to A$18.49. Energy Resources will not suffer any loss of production after a cyclone at its Ranger mine in Australia's Northern Territory impeded operations, company spokeswoman Libby Beath said yesterday. Energy Resources evacuated staff and suspended the use of trucks during Tropical Cyclone Helen, although it was able to continue milling ore during the storm. Monitor Energy Ltd. (MHL AU), which explores for oil and gas in the Kyrgyz Republic, jumped 0.7 cent, or 26 percent, to 3.4 cents. Suzie Foreman resigned from the role of company secretary and Martin Stein was appointed in her place, according to a statement to the exchange. Ocean Ca! pital Ltd. (OCE AU), a beach resort operator, climbed 3 cents, or 5.1 percent, to 62 cents. Ocean said it received development approval from the Whitsunday Shire Council to expand its Long Island Resort in the region. The permit allows Ocean to build an additional 162 guest rooms and 58 staff accommodation units as well as new recreational facilities, according to a statement to the exchange. Qantas Airways Ltd. (QAN AU), Australia's biggest airline, lost 16 cents, or 2.9 percent, to A$5.28. The company increased its international fuel surcharge on international flights after crude oil last week surpassed $100 a barrel for the first time. Its engineers are also planning to take industrial action Jan. 9 after wage negotiations ended without agreement last week, the Australian Financial Review reported. Valad Property Group (VPG AU), an Australian property developer, declined 6.5 cents, or 5.2 percent, to A$1.18. Valad said it rais! ed 90 million euros ($133 million) via its Nordic Aktiv Fund and that the money will be used to invest in light industrial real estate in Denmark, Finland, Norway and Sweden. Stocks to watch on the Australian stock exchange BSR - BASSARI RESOURCES LTD - down one cent to 24 cents Bassari Resources Ltd debuted on the Australian Securities Exchange 1.5 cents above its 25 cent-a-share issue price. Bassari operates mainly in Senegal, in West Africa, covering the Birimian greenstone gold belt which extends, too, into Mali and Guinea. COF - COFFEY INTERNATIONAL LTD - down two cents to $3.78 Coffey International Ltd has bought US-based Management Systems International Inc to build critical mass in the international development consulting market. Coffey said it would pay about $US25 million, or about $A28.4 million, for the company. NXS - NEXUS ENERGY LTD - down 4.5 cents to $1.85 Oil and gas explorer Nexus Energy! Ltd has secured a tanker and $50 million in funds to advance the Crux project in the Timor Sea. Nexus has been issued $50 million in funding from the Bank of Scotland International Ltd, which will be applied to the drilling costs of two wells. WDC - WESTFIELD GROUP - down 70 cents to $19.11 Westfield Group is to move back into retail on the site of the World Trade Centre in New York, signing a letter of intent which could lead to investment of $US625 million in development costs on a $1.45 billion retail project. WHS - THE WAREHOUSE GROUP LTD - down 30 cents, or six per cent, to $4.70 Total sales and same store sales for The Warehouse in November and December were relatively flat compared to the corresponding period last year, The Warehouse Group reported today. Group net profit after tax for the first half of the financial year ending January 27 was expected to be similar to the $NZ60.1 million ($A52.89 million) in the corresponding period last year. RIO - RIO TINTO LTD - down $1.97 cents to $130.10 Rio Tinto Ltd is b! elieved to be considering making a bid for Canadian uranium explorer Xemplar Energy. The Anglo-Australian miner is reported to have become interested in Xemplar after it revealed it had discovered what is believed to be one of the world's biggest uranium deposits in Namibia. ZFX - ZINIFEX LTD - down 58 cents, or 4.76 per cent, to $11.50 AGM - ALLEGIANCE MINING NL - down one cent to $1.03 Zinc miner Zinifex Ltd says Allegiance Mining NL's flagship project in Tasmania will require significant funding to realise its full potential, calling on the nickel hopeful's shareholders to accept a takeover offer. The zinc miner has launched a two tiered all-cash takeover bid for Allegiance, valued at up to $745 million From http://netmillionare.blogspot.com/2008/01/australian-stocks-tumble-due-to-us.html - 7/01/2008 5:47:00 PM What are commodity warrants ? Want to invest in Gold and Oil and make some quick money ? maybe you wnat to trade in commodity warrants.
The strong and sustained performance of crude oil has made it the most popular commodity to trade at the moment. Not only has crude oil risen 50% in the last 5-6 months (see fig 1.1), but it has risen 780% in the last 10 years and given the current demand, this trend is set to continue. The global crude oil market continues to experience high volatility as a result of political factors, global inflation, currency movements and supply regulation and limitations. Plenty of investors have done well from high commodity prices, especially those who jumped into the shares of energy and metal producers. Bloomberg calculates that the best-performing stocks among the Australian Stock Exchange's 100 leading companies last year werePluton Resources, a uranium company;; Zinifex, a zinc miner; and Oxiana, a gold and copper producerSmaller companies, including pure explorers, fared even better. The stars on that list include Perilya, Summit Resources, Compass Resources and Sally Malay. After considering the factors that impact the price of a commodity, investors have the ability to opt for a bull or bear warrant. Bull warrants make money in a rising market and bear warrants will do so in falling ! markets. Similar to CFDs, warrants are leveraged so profits are magnified. With leverage of course comes greater risk; however investors are only exposed to the initial amount of the warrant A sharp slump in many commodity prices in January â" including oil, gold, copper, zinc and nickel â" came as a warning, however, that the future might not always be so rosy. While demand remains strong, inventories of many commodities have been rising since mid-2006. That has eroded prices and spooked speculative investors. But for those who have become hooked on commodities, there is now an alternative way of gaining exposure without the risk of being stuck holding weak mining-company shares. Commodity warrants, a form of derivative based on contracts traded on major global exchanges, have long been the preserve of professional traders but are now available to small investors Commodity call and put warrants are a type of trading warrant. They are linked to the performance of a commodity such take for example light sweet crude oil. Generally, the underlying asset of a commodity warrant is a futures contact over that commodity. For example, commodity oil warrants are issued over light sweet crude oil futures contracts which are traded on NYMEX.
Currently, ASX has commodity warrants issued over oil, with the underlying asset being the light sweet crude oil futures contracts. The first three letters of the ASX six letter code is ZCL.
The main reasons for trading commodity oil warrants are that:
- They provide easy access to the oil futures market
- You can achieve a leveraged exposure to the oil futures price
- You can take a bullish or beari! sh view on the oil futures price by purchasing wither call or put oil warrants
- They can be easily traded on ASX trough a full service or discount/online broker
- Your risk is limited to your investment capital. You are not exposed to margin calls.
Example of an Oil Trading WarrantWarrant code ZCLWMA
Underlying instrument Light sweet crude oil futures contract
Warrant type Call warrant
Expiry date 15 February 2006
Exercise level US $65
Exercise style European
Settlement Cash
Ratio 8
You will receive a cash payment if, at expiry on 15 February 2006, the oil futures contract is above the exercise level of US $65.00. For example, if the oil futures contract is US $70.00 at expiry you will be entitled to receive a cash payment of $0.62! 5 per warrant. (assuming the AUD is at US $0.75)
The cash payment, also known as intrinsic value, is calculated as follows:
Intrinsic value = $70 - $65 (strike price) = $5.00 Conversion ratio (8:1) = $5.00/8 = $0.625
It is important to recognise that when trading commodity oil warrants the value of the warrant will be based on two specific underlyings:
- price fluctuations of a specific oil futures contract in US dollars; and
- change in value between the Australian dollar and the US dollar
Commodity Warrants Australia (CWA) is a locally owned outfit that has been in business for 18 months. It sells warrants based on 12 commodities and financial markets â" crude oil, gold, silver, live cattle, corn, orange juice, soy, coffee, cocoa, the Dow Jones Industrial Average, the NASDAQ Composite Index and the S&P 500 Index.
Australian based firm offering trading opportunities in global commodity and stock index markets. Commodity Warrants Australia offers investments including ... www.cwa.net.au/
The crude oil market is one of the most important and the one that has attracted enormous investor interest as prices soared past a record US$75 ($96) a barrel last year. Just eight years ago it was selling at around US$12 ($15).
Many factors affect oil prices â" the main ones are growing demand and restricted supply. About 84 million barrels of oil are consumed daily around the world and one-quarter of that is burned in the US. A similar amount is consumed in Asia, but its population is many times larger than the US's. If economic growth in that region continues at its hectic pace, oil demand should remain strong an! d force prices higher.
INVESTING IN WARRANTS GUIDE
FAQ FROM CWA WHICH SORT OFGENERALLY ANSWERS ALL questions . Though conditions can differ a bit from provider to provider
http://www.cwa.net.au/public/pages.php?id=47
- How much money do I need to get involved?
- If I hold a CWA Warrant what relationship exists with actual physical Gold?
- Commodity markets are often highly volatile. Why would I want to get involved in such a 'risky' environment?
- I've heard of the terms "margin call". How does this relate to CWA Warrants?
- Many of the finance companies I have dealt with say they value their customers when in reality they focus on the larger clients. What makes Commodity Warrants Australia different?
! - Why Commodities? Why not offer warrants in shares?
- How will currency movements affect my Commodity Warrant?
- Can I see what the value of my warrant is before it matures?
- What is the difference between shares and warrants?
- Can anyone trade global commodity markets?
- Can I trade some commodities to rise in value and at the same time other commodities to fall in value?
- How long does a Warrant last?
- Can I really trade in Coffee and Orange Juice?
How much money do I need to get involved? You can get involved for as little as a few thousand dollars.
If I hold a CWA Warrant what relationship exists with actual physical Gold? Warrants are a derivative, which means they derive their value from the physical product. We don't trade in actually physical Gold or other commodities. We offer products that derive their value from these commodities - much like a CFD, futures or options contr! act.
Commodity markets are often highly volatile. Why would I want to get involved in such a 'risky' environment? Its true many commodity markets are volatile, but there are misconceptions about what this actually means. Volatility relates to the fluctuations in prices and this is not necessarily a bad thing. All it means is that prices are moving up and down - adjusting to new information. To the astute investor this volatility represents opportunity. All our Warrants have limited risk and unlimited profit potential. With this in mind, our products actually benefit from market volatility.
I've heard of the terms "margin call". How does this relate to CWA Warrants? A Margin Call is usually associated with futures market. It is the requirement for an investor to meet the minimum credit level. Like Warrants, a futures contract is leveraged. However unlike Warrants, you can lose more than your initial investment in a futures co! ntract. When this occurs, the investor receives a "margin call". This is a requirement to add more money to their trading account. For example, you may invest $10,000 is futures trading and go on to lose $30,000. When this happens you would receive a margin call for the additional $20,000. Having such large exposures is not appealing to most retail investors. CWA Warrants are structured so that your only risk is your initial investment. There are no margins calls.
Many of the finance companies I have dealt with say they value their customers when in reality they focus on the larger clients. What makes Commodity Warrants Australia different? Commodity Warrants Australia is different in that our team of experienced professionals is focused on retail clients, so you don't compete for attention with large (or institutional) investors.
Why Commodities? Why not offer warrant in share? Many investors are aware of the importance of diversification and how it is used to reduce risk exposure. For many pe! ople the extent of their diversification is about selecting a few stocks from a variety of different areas, but if you think about it your investments are still on the same market (stocks) and as such are affected by the same underlying factors (stock market risk). Commodities offer a new degree of diversification and trading opportunity. Simple!
How will currency movements affect my Commodity Warrant? Most CWA Warrants are denominated in US Dollars so investors are exposed to fluctuations of foreign exchange markets. The level of exposure is limited to the size of the warrant position.
Can I see what the value of my warrant is before it matures? The value of Warrant prior to maturity is published daily on our website (the member's only section). A Warrant can be closed any time before expiry.
What is the difference betw! een shares and warrants? A share represents part ownership of a corporation. A Warrant is an investment product that gives the investor price exposure to an asset (e.g. a commodity) without having to deal with the physical asset itself.
Can anyone trade global commodity markets? Traditionally there have been two broad groups involved in commodity market trading; Physical users (generally called commercials or hedgers) and speculators (generally large fund managers and professional traders). As technology spreads and information becomes more widely distributed there has been a substantial increase in both the number and types of people involved in global commodity markets. CWA provides the means for retail investors to trade in these markets.
Can I trade some commodities to rise in value and at the same time other commodities to fall in value? Yes you can. CWA offer Warrants that can make money in a rising (Bull Warrants) or a falling market (Bear Warrant).
How long does a Wa! rrant last? Generally speaking a Warrants life span ranges from 3 - 6 months.
Can I really trade in Coffee and Orange Juice? Coffee and Orange Juice are two of the most heavily traded global agricultural commodities. Warrants allow an investor to get involved in these markets for a relatively small sum.
â¼ September (17)
From http://netmillionare.blogspot.com/2008/01/what-are-commodity-warrants.html - 6/01/2008 7:19:00 PM Packers crown casino surges - Make money on the asx ( australian stock exchange ) Packer's Crown Buys Cannery Casino for $1.75 Billion
Crown Ltd., Australian billionaire James Packer's gaming company, agreed to buy Cannery Casino Resorts LLC for $1.75 billion in cash, doubling its gambling investments in North America. The acquisition of closely held Cannery will add to earnings per share and be funded with existing cash reserves, Melbourne- based Crown said in a statement today. The purchase of three casinos in the Las Vegas region and a racetrack in Pittsburgh comes less than two weeks after Packer, Crown's biggest shareholder and! Australia's richest man, split his media assets into a separate company to focus on the faster growing casino business. The 40-year-old has led more than $3 billion of gaming acquisitions in North America this year, adding to assets in Australia, Macau and the U.K. ``They've been looking to expand in the U.S. and this is where they see their opportunity,'' said Sean Fenton, who helps manage the equivalent of $832 million at Jenkins Investment Management in Sydney. Crown shares rose 3 cents to A$13.83 at the 4:10 p.m. close of trading in Sydney. The stock has fallen 2.5 percent since the split of Publishing & Broadcasting Ltd. into Crown and Consolidated Media Holdings on Dec. 4. The assets being acquired include the Cannery Casino and Hotel in North Las Vegas, Nevada Palace Casino on the Boulder Strip in East Las Vegas and the Meadows Racetrack & Casino in Pittsburgh. ! Cannery also operates the Rampart Casino in Summerlin, West Las Vegas, under a management contract. ``Locals'' Market Cannery is also developing the East Side Cannery in East Las Vegas to replace the Nevada Palace Casino and a permanent facility for the Meadows Racetrack, which when completed will give it control of 8,400 slot machines, 75 gaming tables and 720 hotel rooms. Cannery developed the venues as ``locals'' casinos, seeking to attract residents of the area rather than tourists. The company is 58 percent owned by founders Bill Paulos and Bill Wortman's Millennium Gaming Inc., with the rest held by buyout firm Oaktree Capital Management LLC which bought a stake in 2006. They ``have created first-class locals properties located in markets with attractive, long-term growth prospects,'' Packer said in the statement. ``Crown's skills and experience in operating successful locals casinos will enable us to grow the Cannery Casi! no business further.'' Nevada casinos attracted $1.16 billion in revenue in October, up 9.6 percent from the same month in 2006, according to the state's Gaming Control Board. Crown's existing North American investments include a 19.6 percent stake in Fontainebleau Resorts LLC, which is developing a Las Vegas casino, and a half share of Canada's Gateway Casinos Income Fund. American Expansion In May, the company agreed to pay $22.5 million for a 37.5 percent stake in LVTI LLC., which is building the Crown Las Vegas, neighboring the Fontainebleau property. As well as Melbourne's Crown casino, Australia's biggest, the company owns Burswood in Perth and 50 percent of U.K. operator Aspinall's. Crown also has a 37.9 percent stake in Melco PBL Entertainment (Macau) Ltd., which opened its first casino in May and is developing others in the former Portuguese colony. The Cannery acquisition is subject to regulatory approval, which is expected to take at l! east 12 months, Crown said. Macquarie Group Ltd. and Global Leisure Partners LLP advised Crown on the deal. Packer, who inherited Publishing & Broadcasting in December 2005 after the death of his father Kerry, raised A$4.5 billion ($3.9 billion) last year selling the company's media assets into PBL Media, a joint venture with buyout firm CVC Asia Pacific Ltd. In June, he sold a further 25 percent stake to CVC. He returned A$2 billion of cash to shareholders through the split, freeing up the remaining cash for acquisitions. Bell financial Vs Austock Group Ltd., Bell, which provides broking, investment and financial advisory services, closed 18 percent higher at A$2.36 on the Australian stock exchange, giving it a market value of A$537 million ($471 million). Austock Group Ltd., a Sydney-based rival, surged 17 percent when it first traded yesterday. The stock rose 4.7 percent to A$2.20 today. Bell, established in Melbourne in 1970, raised A$87.8 million ($76.8 million) by sell! ing shares at A$2 apiece. Australian asset managers including BT Investment Management Ltd., Platinum Asset Management Ltd. and Wilson HTM Investment Group listed this year as the nation's retirement savings passed A$1 trillion for the first time in June. The S&P/ASX 200 has climbed in 11 of the past 12 years, making it the world's most consistent major benchmark. Australia's 21 million people are the world's biggest investors per capita, with an average of A$48,178 each in fund investments, according to Australian Finance Group. From http://netmillionare.blogspot.com/2008/01/packers-crown-casino-surges-make-money.html - 3/01/2008 8:03:00 AM RWE Australian Business News - rwe 259 George St, Sydney, NSW 2000 p: (02) 9322 8981 (RWE Australian Business News) - ****************************** Some share price moves to keep an eye on in the market: Fortescue Metals Group (FMGDA) up 71c to $7.91: Touched a record $8.10. Was queried yesterday over a rise of 54c but the company said it could not explain the rise. On December 19 announced its Solomon iron ore resources had been increased to more than 1.7 billion tonnes. Haoma Mining (HAO) up 2.8c to 7.8c: Ha! s reported encouraging results from rock chip sampling within the North Pole region of the Pilbara at its North Pole Project, 150km southeast of Port Hedland, with samples returning maximum values of 46.1pc manganese, 54.8pc iron and 1150 ppm vanadium. IMX Resources (IXR) up 15c to 75c: Went as high as 79.5c: Today announced a detailed heads of agreement with Jilin Tonghua Iron & Steel for the offtake of Cairn Hill ROM magnetite/copper ore in South Australia, as well as a placement at 85c a share to raise $13.93m. RAMS Home Loans Group (ASXRHG) up 1c to 31: Rose to 32.5c in initial reaction to news that two of its warehouse facilities which were scheduled to mature on 31 December had been extended to 31 January and 2 May. Carnegie Corp (CNM) down 1c to 40.5c: Touched 43c. Had an unexplained and unqueried rise of 11c yesterday. Has already been queried twice this month over share price moves. The company said then it was involved in a number of opportunities regarding its wave technogy. WestSide Corporation (WCL) up 10.5c to 56.5c: No news from the company since December 17 announcement that it had completed the workover of the pilot appraisal wells at its coal seam gas (CSG) pilot site at Tilbrook (ATP 688P) in central Queensland's Bowen Basin, in preparation for planned production testing. RAMS HOME LOANS facility extended
(RWE Australian Bu! siness News) - RAMS Home Loans Group previously announced that two of its warehouse facilities were scheduled to mature on 31 December. RHG advises the $500 million warehouse facility (fully drawn) which was scheduled to mature on the 31 December has been extended to the 2 May 2008 and has been consolidated into an existing facility, with the same financial institution, which is also due to mature on 2 May 2008. Compare our home loans and find a RAMS home loan thatâs right for you. RAMS is Australiaâs specialist home loan lender. www.rams.com.au/ RHG advises the $250 millionwarehouse facility (fully drawn)) which was scheduled to mature on the 31 December has been extended to the 31 January 2008 and has been consolidated into an existing facility, with the same financial institution, which is also due to mature on the 31 January. RHG previously announced that it had received $4.25 billion of preliminary credit approvals for facilities to refinance its extendible commercial paper facilities.RHG advises that, on 27 December, the documentation for two of these facilities was executed. These facilities were: * the $1.5 billion dollar warehouse facility with Westpac Banking Corporation; and * a $2 billion dollar facility with another financial institution. Both facilities have been documented on terms which are broadly! consistent with RHG's existing warehouse facilities, including that both facilities are 364 day facilities subject to any extension. Differences in pricing and other terms from RHGâs existing warehouse facilities reflect movements in the market since those facilities were documented. RHG notes that both facilities are subject to various conditions precedent which must be satisfied prior to drawdown. RHG hopes to satisfy these conditions precedent as soon as possible to facilitate progressive refinancing of the relevant extendible commercial paper in January and February. RHG will update the market if and when these conditions precedent are satisfied. RHG is in advanced stages of documentation for a $750 million dollar funding facility and continues to work to find funding solutions for the remaining extendible commercial paper. RHG will update the market if and when these facilities are progressed Clough wins $US23m coal terminal contra! ct in Indonesia (RWE Australian Business News) - Clough Ltd's Indonesian subsidiary, PT Petrosea Tbk, and its partner, Laing O'Rourke, have signed a further contract with PT Indominco Mandiri valued at $US46m with Petrosea's share being $US23m. The Clough Group is one of Australia's largest multidisciplinary engineering, construction and asset management group's active in the international oil ... www.clough.com.au/ The contract with PT Indominco Mandiri (PT IMM) - a wholly-owned subsidiary of PT Indo Tambangraya Megah, a member of the Banpu Group of Companies, Thailand - is for engineering, procurement, construction and installation works for PT IMM's Bontang Coal Export terminal expansion project (Phase II). This contract follows on from the phase 1 wor! k of the same project with PT IMM, which was commenced in early 2006. From http://netmillionare.blogspot.com/2007/12/rwe-australian-business-news-rwe.html - 28/12/2007 11:02:00 AM APC Magazine -
Vista SP1 toilet paper: freshen up after your download If the wait for Vista SP1 has left you feeling a bit backed up, here's something to get excited about. Now you can express your relief and freshen up afterwards with some quality Vista Ultimate SP1 toilet paper. read more From http://apcmag.com/8459/stay_fresh_with_vista_sp1_toilet_paper - 19/03/2008 10:38:37 AM Microsoft releases Vista SP1 It's here and it's final, so get downloading! The final release of Windows Vista SP1 is ready for express delivery to your system. read more From http://apcmag.com/8456/microsoft_releases_vista_sp1 - 19/03/2008 9:42:02 AM Revealed: Intel's multicore graphics processor Mention Intel and graphics in the same sentence and you'll hear any gamer curse under their breath. But Intel's latest chips put ATI and NVIDIA squarely in the crosshairs with a âsuper GPU' that runs with up to 24 cores. read more From http://apcmag.com/8455/revealed_intels_multicore_graphics_processor - 19/03/2008 9:28:15 AM Intel preps meaty and modular âCore 3' platform Due before year's end, the next-gen âNehalem' architecture succeeds Core 2 with up to eight cores on a single processor, and much more. read more From http://apcmag.com/8451/intel_preps_meaty_and_modular_core_3_platform - 18/03/2008 10:53:17 PM Dolby introduces surround sound... for mobiles Yearning for immersive audio when watching video clips on your mobile? The boffins at Dolby Labs have found a way to deliver it. read more From http://apcmag.com/8436/dolby_introduces_surround_sound_for_mobiles - 18/03/2008 3:30:16 PM Kangaroo TV comes to Australia The future of watching sport involves hanging a TV round your neck, with the technology showcased at the F1 Grand Prix in Melbourne this past weekend. read more From http://apcmag.com/8439/kangaroo_tv - 18/03/2008 2:55:22 PM iPhone coming to Telstra? A Telstra job ad for an iPhone developer is sending rumour sites crazy predicting that our favourite telco will win the Australian iPhone distribution franchise. read more From http://apcmag.com/8433/iphone_coming_to_telstra - 13/03/2008 6:53:34 AM Next-gen Eee PC: 20GB flash, 10GB online storage, 8 hour battery life and 3G HSDPA! Asus reveals its roadmap for the ground-breaking Eee PC. First stop: the Eee PC 900, with a larger 9in screen, 12GB drive, 10GB of free online file storage and Intel's Atom processor under the hood. Soon to follow: inbuilt 3G and WiMAX. After that... well, would you believe Windows 7? read more From http://apcmag.com/8424/next_gen_eee_pc_20gb_flash_10gb_online_storage_8_hour_battery_life_and - 12/03/2008 3:44:50 PM |