I need 15k and FRG will give it to me.

Discussion in 'Stocks & Derivatives' started by Dusty, Aug 24, 2012.

  1. Dusty

    Dusty Active Member Silver Stacker

    Joined:
    Apr 16, 2011
    Messages:
    878
    Likes Received:
    29
    Trophy Points:
    28
    Location:
    Australia
    It's that easy.
    FRG (Forge)
     
  2. dex

    dex Active Member Silver Stacker

    Joined:
    Jun 11, 2012
    Messages:
    243
    Likes Received:
    33
    Trophy Points:
    28
    Location:
    Down Under
    Can i ask why you think FRG is on its way back up??
    I dont know anything about it, so just curious as to why you think so.
    cheers
     
  3. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

    Joined:
    Feb 23, 2011
    Messages:
    5,465
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    The Land of Guilty by Default
    What is FRG?
     
  4. SilverSanchez

    SilverSanchez Active Member

    Joined:
    Jan 17, 2011
    Messages:
    2,653
    Likes Received:
    13
    Trophy Points:
    38
    Location:
    Melbourne
    I stopped following Forge after the Lynas Corp crap. Dunno whats happened since then
     
  5. finicky

    finicky Well-Known Member Silver Stacker

    Joined:
    Jun 10, 2011
    Messages:
    3,468
    Likes Received:
    75
    Trophy Points:
    48
    Location:
    Dreamworld
    Ticker for Forge is FGE

    It's in pullback mode, and might be just consolidating before another upleg, but that's pretty much a punt I'm guessing. Might fall back further.

    Complicated sector now that FGE is in - mining services. Additionally R Montgomery reckons FGE tends to service the smaller miners (iron ore hopefuls? - can't remember), implying its prospects are not as robust as a Monadelphous (MND)

    Had another strong year though of 34% ROE, EPS met expectations, and company says the work order book is strong and pipeline healthy.

    Still cum dividend of 8c fully franked, ex date Sept 6th, but FGE not a big yielder - but that won't worry a trader

    http://forums.silverstackers.com/topic-27360-mining-services-stocks-back-in-focus.html
     
  6. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

    Joined:
    Feb 23, 2011
    Messages:
    5,465
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    The Land of Guilty by Default
    aha i see!!

    the paper panzies.... :lol:
     
  7. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
    Investing in physical hasnt done Dusty any favours lately. :|
     
  8. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

    Joined:
    Apr 15, 2010
    Messages:
    5,008
    Likes Received:
    714
    Trophy Points:
    113
    Location:
    Melbourne
    Really .... Certificates aren't made of paper anymore?
     
  9. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
    Bull**it comes in many shapes and forms.

    I reckon Dusty may as well plonk some dough on a Trotter to try and redeem his loss.

    I also believe that you shouldnt chase your losses...punting wisdom.
     
  10. Dusty

    Dusty Active Member Silver Stacker

    Joined:
    Apr 16, 2011
    Messages:
    878
    Likes Received:
    29
    Trophy Points:
    28
    Location:
    Australia
    Yep Son Of Fergie tonight as Gloucester Park and Forge on the ASX.
    Pick up a few more QRL shares to cash in at 30c and buy some Chinese and watch a movie :)
     
  11. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
    SoF didnt deliver. Just watched a replay, it was doing its best work with a lap to go.
     
  12. Dusty

    Dusty Active Member Silver Stacker

    Joined:
    Apr 16, 2011
    Messages:
    878
    Likes Received:
    29
    Trophy Points:
    28
    Location:
    Australia
    Lol I honestly didn't have money on sof I just used him as a example because I knew he was in but I have backed Forge.
     
  13. Dusty

    Dusty Active Member Silver Stacker

    Joined:
    Apr 16, 2011
    Messages:
    878
    Likes Received:
    29
    Trophy Points:
    28
    Location:
    Australia
    Watch this space ...
     
  14. finicky

    finicky Well-Known Member Silver Stacker

    Joined:
    Jun 10, 2011
    Messages:
    3,468
    Likes Received:
    75
    Trophy Points:
    48
    Location:
    Dreamworld

Share This Page