My Share Trading

July 17, 2010

10:16
Do you want to learn how to trade successfully in every market environment? If so, you have picked up the right book. The Volatility Course is designed to help you integrate the use of volatility in your trading approach–which will help you to become a more successful trader. Advertisement: read more
Categories: My Share Trading

July 16, 2010

13:10
Toll roads investment company, Intoll Group (ASX:ITO), formerly Macquarie Infrastructure Group, have reported significant June quarter revenue and traffic growth on its two toll roads. CPPIB Takeover Offer of Intoll Advertisement: read more
Categories: My Share Trading
13:02
Global biopharmaceuticals company, CSL (ASX:CSL) has announced a major expansion of its Broadmeadows facility. Over 8 years, the multi-million dollar expansion will take place, with grant contributions from the Federal and State Governments. Advertisement: read more
Categories: My Share Trading
12:57
Australian supermarket rivals, Woolworths (ASX:WOW) and Wesfarmers (ASX:WES) owned Coles are aggressively spending on marketing. The results of the marketing war will be revealed once the two grocery competitors release fourth quarter sales figures in the coming weeks. Advertisement: read more
Categories: My Share Trading

July 15, 2010

11:20
Australian oil and gas explorer Mosaic Oil (ASX:MOS) has accepted a takeover offer by AGL Energy (ASX:AGK), valuing Mosaic at $130 million. The board of directors recommended the offer unanimously. The bidder had sweetened the deal at 15 cents per share or 1.01 AGL share on every 100 fully paid Mosaic stocks. Advertisement: read more
Categories: My Share Trading
11:11
Shareholders of Australian company, Arrow Energy (AOE), a supplier of coal seam gas to eastern Australia and Asia, have approved a $3.5 billion acquisition by Royal Dutch Shell and PetroChina, permitting China to extract Australia's coal seam gas. The proposal was put forward by CS CSG (Australia) Pty Ltd, a 50/50 joint venture company owned by Shell Energy and PetroChina. In March, Shell and PetroChina agreed to buy Arrow's Australian business for $4.70 a share in cash. Advertisement: read more
Categories: My Share Trading
11:01
Qantas (ASX:QAN) has a new agreement with Boeing in place which will reverse a decision last year to delay the planes for four years because of production issues and the slowdown in travel demand. The aircraft will come in two years earlier to help compete against domestic players, Tiger Airways and Virgin Blue. Advertisement: read more
Categories: My Share Trading

July 14, 2010

10:59
Newly listed DuluxGroup (DLX), will face increased competition and may lose dominant market share. Deutsche Bank has initiated coverage of DuluxGroup with a hold and a conservative target price on competition risks and a price target of $2.40. Mark Wilson, from Deutsche, noted: "While DuluxGroup is well managed and has strong market positions, we believe the earnings growth will be constrained by recent market share gains and changes in the market". Advertisement: read more
Categories: My Share Trading
10:44
Former Macquarie Equities senior client adviser and securities trader Newton Chan, of Balwyn, once earned more than $500,000 a year in his senior role but now will spend the next four months in prison after pleading guilty to eight counts of market manipulation of the share price of collapsed electronic payments company Bill Express. Bill Express ran a network of kiosks used to collect bill payments and collapsed in 2008 owing $250 million. Chan will serve four months jail before being eligible for release. He has also been disqualified from managing corporations. Advertisement: read more
Categories: My Share Trading

July 13, 2010

10:01
Sonray Capital collapsed last month owing 4000 investors about $47 million. Named using the last three letters of its co-founders surnames, Russell Johnson and Scott Murray - "son" and "ray" -- the firm was set up in 2003 as the sharemarket was starting to fire. It is understood that the pair drew salaries of $120,000 a year each, but the company had a high staff turnover rate. Advertisement: read more
Categories: My Share Trading
09:44
ASIC (Australian Securities and Investments Commission), Australia’s corporate watchdog, is warning that many retail traders and investors as well as investors utilising self-managed superannuation funds (SMSF) are risking to be financially devastated by investing in high risk investments called CFDs (Contracts For Difference). Advertisement: read more
Categories: My Share Trading
09:23
DuluxGroup (ASX:DLX), a paint , adhesive and garden care products supplier, debut on the Australian stock exchange yesterday, opening trading at $2.50 and closing the day at $2.54. DuluxGroup was demerged from Orica last week, whose stock price opened at $23.64. $23.64+$2.50 = $26.14: 46 cents above Orica’s final closing price of $25.68, when both companies were still tied together. Advertisement: read more
Categories: My Share Trading

July 12, 2010

11:12
Ansell (ASX:ANN), a healthcare and industrial products producers (known for producing condoms and gloves), has established four global business units to support company growth through acquisitions. "To support this strategy, four global business units are being established," Magnus Nicolin the Ceo of Ansell has stated. The company has installed mergers and acquisitions and finance teams to be led by CFO (Chief Financial Officer) Rustom Jilla. Advertisement: read more
Categories: My Share Trading
11:02
Billabong (ASX:BBG), an Australian surfwear retailer has announced that it is buying RVCA, a clothing brand from California, USA. BBG said that RVCA is a "progressive apparel brand" and is "an art and design-driven brand focusing on a diverse range of activities that both represent and inspire youth", with the company chief executive officer Derek O'Neill saying RVCA was "one of southern California's most exciting emerging brands." Advertisement: read more
Categories: My Share Trading
11:01
Media speculation yesterday about Santos (ASX:STO) striking a multi-billion-dollar deal with Royal Dutch Shell has been denied by the company. Advertisement: read more
Categories: My Share Trading

July 11, 2010

11:25
Here are the top 10 ASX 200 stocks which decreased value on the Australian Securities Exchange (ASX) this 27th week of 2010: Advertisement: read more
Categories: My Share Trading
11:25
Here are the top 10 ASX 200 stocks which decreased value on the Australian Securities Exchange (ASX) this 27th week of 2010: Advertisement: read more
Categories: My Share Trading
11:19
Here are the top 10 ASX 100 stocks which lost value on the Australian Securities Exchange (ASX) [also known as the Australian stock market] this 27th week of 2010: Advertisement: read more
Categories: My Share Trading
11:19
Here are the top 10 ASX 100 stocks which lost value on the Australian Securities Exchange (ASX) [also known as the Australian stock market] this 27th week of 2010: Advertisement: read more
Categories: My Share Trading
11:17
Here are the top 10 ASX 200 stocks which increased value on the Australian Securities Exchange (ASX) this 27th week of 2010: Advertisement: read more
Categories: My Share Trading