Shares To Buy

ASX Shares Market Recap Friday July 30th 2010

admin — Fri, 30 Jul 2010 09:37:43 +0000

After a solid start, the Australian market wilted near the end of the week. However, the ASX 200 still gained a reasonable 35 points, or just under one per cent for the week.

National Australia Bank (NAB) shares continue takeover bid with AXA

admin — Sat, 05 Jun 2010 00:06:57 +0000

National Australia Bank (NAB) continues takeover bid with AXA

Santos Limited (STO) and Petronas’ project expected to create jobs

admin — Wed, 02 Jun 2010 23:17:20 +0000

The $7.7 billion Gladstone liquefied natural gas (GLNG) project of Santos and Petronas in Queensland is expected to create a huge number of jobs for the region.

Atlas Iron (AGO) Shares- Potential to Produce $1b In 2 Years – Buy or Sell?

admin — Mon, 31 May 2010 02:37:42 +0000

Atlas Iron (AGO) could be turning over nearly $1 billion within two years, according to Credit Suisse analysts, who have crunched the numbers on the iron ore miner's latest production forecasts.

HRR – Heron Resources Shares Trading Under Cash Value

admin — Wed, 26 May 2010 08:14:09 +0000

There would have to be a strong revival of interest in nickel laterites to get Heron shares back over $1.00 - It may well happen one day but not in the immediate future. In the meantime the shares are ridiculously undervalued by the market. At 31 March the company had just over $61M in cash, 253M shares on issue; cash per share of over 24cents. With shares changing hands today at 18.5 cents you would have to conclude that the market considers all Heron's non cash assets to be worth negative 5.5cents per share! Even with expenditure of $4.5M this quarter to advance Heron's A1 gold mine and other exploration projects there will be in excess of 22cents per share in cash by 30th June!

Rudd Government Putting up Taxes on Mining Shares Profits

admin — Tue, 11 May 2010 02:37:59 +0000

Rudd Government Putting up Taxes on Mining Shares Profits

Australian Share Market Wrap 4-30-10

admin — Fri, 30 Apr 2010 20:06:22 +0000

Australian Share Market Wrap 4-30-10

Australian shares advanced 0.5 percent on Friday, with better-than-expected profit at Macquarie Group MQG helping some financial stocks but the mining sector dragged by worries about a possible tax hike.

For the month, stocks finished down 1.4…

Atlas Iron (AGO) shares win Wodgina ore project

admin — Fri, 30 Apr 2010 19:57:42 +0000

Atlas Iron (AGO) shares win Wodgina ore project

Atlas Iron (AGO) announced on Friday that the government approved its proposed Wodgina iron ore project in Western Australia.

According to the iron ore producer, all environmental approvals were complete and mining will begin…

Australian Stock Market Wrap 4-29-10

admin — Thu, 29 Apr 2010 21:08:12 +0000

Australian Stock Market Wrap 4-29-10

Australian stocks fell 0.8 percent on Thursday, as no.4 lender Australia and New Zealand Banking Group (ANZ) led banks down after disappointing investors with a smaller dividend hike than expected.

The top miners also slid, as investors turned…

Fortescue Metals Group (FMG) shares may take hit after lost trial

admin — Thu, 29 Apr 2010 20:57:02 +0000

Fortescue Metals Group (FMG) shares may take hit after FMG loses court trial

Australian-based Fortescue Metals Group (FMG) will be subjected to pay millions in compensation to shipping contractor Zodiac Maritime after losing a court trial in the United Kingdom.

A representative…