280 replies to this topic

[Polly]

Polly, I wont sell at 100% profit cause I am already at 66% lol. Bought at 3cents. In it for next couple of years.

thats the spirit..need to be brave and let Mr market work for you sometimes

[JR7800]

Polly, I wont sell at 100% profit cause I am already at 66% lol. Bought at 3cents. In it for next couple of years.

[Polly]

if it goes to 10c and u sell , ud be silly although 100% profit...

[Polly]

guys i said before if u in , its for long long term...5 yes minimum to make a real killing..Ignore watching now....at 5c to zero, u cant lose much 

[SB45]

yea hope so too.......this share fluctuating for a while now 4-5c

I suspect some clever money sniping at 4c ( 3,4 mil yesterday, 1,4 mil today) and the past weeks, the patience and the persistence is that of clever money not of an average retail investor, observed this trend for the past couple of weeks now, mind you we are going to see interims 27.02.2019 if not mistaken from AEG.

 

On GRF this article has not been so wrong.

 

https://www.business...ruction-sector/

[Lionelza1]

Hopefully this share can at some point jump like group5's share 1,045% from the lows of 11c to now R1.26.

 

so 4c + 1,045% = 0.45c

 

Wishful thinking. But so buying a lotto ticket.....

yea hope so too.......this share fluctuating for a while now 4-5c

[JR7800]

Hopefully this share can at some point jump like group5's share 1,045% from the lows of 11c to now R1.26.

 

so 4c + 1,045% = 0.45c

 

Wishful thinking. But so buying a lotto ticket.....

[SB45]

It is impossible to get a bid of 4c in as the current bid volume is over 200million shares 

 

Offers at 5c is over 750 million shares.

 

Check it out Shi, 17 deals today @4c, 3mill shares. The share  is 4-5c daily over the past few weeks. Hence my question

[Shi]

Is it the clever money that is nibbling at AEG for 4c ? Volumes not big but the consistency and the patience

 

It is impossible to get a bid of 4c in as the current bid volume is over 200million shares 

 

Offers at 5c is over 750 million shares.

[SB45]

Is it the clever money that is nibbling at AEG for 4c ? Volumes not big but the consistency and the patience

[skeez]

Any news on the Jet Park property?

Sent from my SM-G930F using Sharenet Sharechat mobile app

[SB45]

https://www.iol.co.z...review-18864224

Aveng Water gone, Next is Grinaker and Steel

[Chris101]

The more I read about AEG the more I like it. 

If the Goverment can start pumping money into Construction this baby will fly...

[SB45]

So who is attending the AGM?

[Matrix]

Still surprised that this share price is so low, taking into consideration that the company basically has no debt, as well today's update on contracts awarded.

Really looking forward to seeing updated interim results during next year.

 

Today's Sens:

 

ANNOUNCEMENT OF CONTRACT AWARDS BY AUSTRALIAN SUBSIDIARY MCCONNELL

DOWELL

Salient Features:
• Contract awards are in line with the redefined and focused business development strategy
of McConnell Dowell announced in the Group’s full year results in September 2018
• Awards totaling R3.8 billion secured across all McConnell Dowell business units
underpins good progress in the execution of the Group’s Strategic Action Plan
• Contract awards secured by McConnell Dowell demonstrate the Operating Group’s
specialist capabilities in Marine, Pipelines, Civil, Tunneling, Rail and Building

UPDATE ON ORDER BOOK

Aveng is pleased to provide an update on recent contract awards secured during the first quarter in the
Group’s Australian subsidiary, McConnell Dowell. McConnell Dowell is a core business within the Aveng
Group. A key priority in its Strategic Action Plan is to enhance operational performance, deliver growth
and unlock value from core assets. The growth in the order book was identified as a key metric to achieve
this objective, when the Group presented its annual results on 25 September 2018. McConnell Dowell is
a specialist and respected infrastructure contractor offering engineering and construction solutions to the
Infrastructure, Building and Resource sectors across Australia, New Zealand and the Pacific, Southeast
Asia and the Middle East. All four business units have recently secured new projects in core markets and
across their specialist capabilities providing strong opportunities across all operating regions

Key contracts awarded during the first quarter include:

Webb Dock & Burnie Facilities Upgrade (Australia): McConnell Dowell’s marine expertise is being
further showcased having been contracted to upgrade existing wharf facilities at Webb Dock and Burnie
for Toll Group. The project will commence immediately and will be completed ready for operational use in
early 2019.

Swanson Dock Rehabilitation (Australia): Further works to rehabilitate the berth at Swanson Dock
have been awarded by the Port of Melbourne Corporation. The repeat work demonstrates the strength
and alignment of a successful customer relationship.

Aviation Rd & Wyndham (Australia): As part the ongoing capital works programme under the Western
Program Alliance, McConnell Dowell has been awarded the contract to remove the Aviation Road Level
Rail Crossing in Laverton and construct the Wyndham Vale Stabling Yard. Works on both packages are
scheduled to commence immediately. These awards follow the successful execution of recent projects for
the Victorian State government.


Neste Underpass (Singapore): McConnell Dowell’s underground reputation will continue to be
strengthened as it has been selected by Neste to construct two underpasses for production lines,
services lines and facilities at their refinery in Singapore. The underpasses are designed to connect
Neste’s new facilities with its existing refinery units on the nearby islands of Tuas in Singapore.

Clean Fuel Project (Thailand): McConnell Dowell is undertaking the early works package associated
with the Clean Fuel Project for Thai Oil. The project team is mobilising quickly to ensure the works are
ready for commissioning during 2019.

Jane St & Mulgoa Rd (Australia): McConnell Dowell progresses a strategic growth initiative into the
New South Wales transport infrastructure market with the award by New South Wales Roads and
Maritime Services (RMS) of the infrastructure upgrade contract for Jane Street and Mulgoa Road in
Penrith.

McConnell Dowell has previously delivered projects of this nature and civil construction remains a key
specialist capability for the company. The Project was formally launched in October 2018 and
construction will commence in December 2018. Completion is due in May 2020.

Auckland City Mission (New Zealand): Built Environs has secured the contract to undertake the
Mission Home Ground Development Project in Auckland, as part of the City Mission Charitable Trust.
This is the first project for Built Environs in New Zealand and cements a strategic entry into the building
market.

Hunua 4 S11 (New Zealand): This two-year project is the final stage of the Hunua 4 Watermain Project
and will supply water to Auckland’s CBD from Redoubt North Reservoir in Manukau. The Hunua 4 S11
project forms part of a large water investment scheme underway by Watercare and will bring important
benefits in water security and availability to Auckland and adjacent regions.

These contract awards provide a good start to the new financial year and reflect McConnell Dowell’s
improved operational state and diversified market offerings. The recent awards total R3.8 billion and take
McConnell Dowell’s order book to R8.7 billion (Up 17% from 30 June 2018). Most gratifying is the
continuation of work from existing customers building on past excellent performance as well as new
business won in line with McConnell Dowell’s over-arching strategy. With a further potential AUD 1 billion
of work in Early Client Involvement (ECI) processes, McConnell Dowell is well positioned to continue to
secure additional work in the near term.

The diversification of McConnell Dowell’s Order Book highlights the breadth and depth of expertise
across its operational areas. Moreover, the market sectors serviced by McConnell Dowell are expected to
offer further growth opportunities with the continued roll-out of large- and medium-sized projects across
its operating footprint.

[andi222]

Looking good still. Slowly building up at 4 cents. I hope the breakthrough of 5 cents will come in the next couple of weeks 

[Lionelza1]

slowly slowly creeping up hey........nice

[andi222]

Volumes trading is still looking good, seems like we have found the bottom at 3 cents.

 

Let's hope they get the clearance from shareholders for the Jet Park transaction. Looking good guys. Keep strong.

[SB45]

Polly....im still buying...not done yet, havent reached my target posotion..but now I place my orders and close. Advise taken Polly

[Polly]

guys dont look at this share price . Its going to take 6 months for that excess liquidity to dry out and then you will see its true colours. Wont do much ion short term