Anyone bought UGL?

Discussion in 'Shares & Funds' started by BillV, 1st Nov, 2007.

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  1. BillV

    BillV Well-Known Member

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    BillV, 1st Nov, 2007
    #1
  2. bundy1964

    bundy1964 Well-Known Member

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    I don't hold them. they do seem to be benifiting from the resource boom as are the likes of LEI, WOR and BLY. They do have other projects as does LEI outside resources. $16 looked better than $21 when the sky was going to fall.

    LEI may be my pic of the 4 followed by WOR, I am clueless though :eek:
     
    bundy1964, 1st Nov, 2007
    #2
  3. BillV

    BillV Well-Known Member

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    Hi Bundy,

    Thanks, I saw that LEI is gone through the roof.
    WOR is also doing well but I am thinking that UGL could be one of the few I will buy at the next entry point.
    I will keep an eye on them although LEI at $64 and WOR at $48 seem expensive. Unless there is a mistake with the ASX chart LEI was $34 back in May 07 so it could go back down.

    Cheers
     
    Last edited by a moderator: 1st Nov, 2007
    BillV, 1st Nov, 2007
    #3
  4. voigtstr

    voigtstr Well-Known Member

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    I've bought paladin at 7.25.
    I'm thinking of getting EXT around the dollar mark because fat prophets have mentioned it apparantly.
    Doesnt George W Bush want to make lots of nuclear power stations still? (even if John Howard has gone quiet on them over here)
     
    voigtstr, 2nd Nov, 2007
    #4
  5. BillV

    BillV Well-Known Member

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    Many people are thinking the same.
    It went up 16% yesterday...:)
    Cheers
     
    BillV, 2nd Nov, 2007
    #5
  6. BillV

    BillV Well-Known Member

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    On 11 feb. someone big must have sold a lot of UGL shares in 1 day
    because 7 million shares changed hands and the price went down by 25% (closed at $11).

    The price has already recovered by 18% in 4 days and now is at $13
    and I am expecting it to go up by another 8% next week.

    I am tempted to buy some more.
    Your opinion please?

    Cheers
     
    BillV, 15th Feb, 2008
    #6