seems to have come back a bit of the last couple of months.
MD has a strong rep in financial circles
had some pretty good mail that will be a take over target once FUM hit 10 billion.
now broadening into ASIA.
Does anyone else know of this stock??
56gsa
29th-April-2006, 10:14 PM
Sam, u looked at this lately?
Chart looks interesting imo - had a run after Oct to 13.70, but then H&S developed and now back at $12, volume is increasing and other aspects look good - particularly if it can breakthru 12.30-12.40 might then have a run to 13.80 again?
Seems to have traditionally had a bit of a run from May-Jun apparently cause performance fees are at end of the year.
just some thoughts...
sam76
13th-April-2007, 02:52 PM
Sam, u looked at this lately?
Chart looks interesting imo - had a run after Oct to 13.70, but then H&S developed and now back at $12, volume is increasing and other aspects look good - particularly if it can breakthru 12.30-12.40 might then have a run to 13.80 again?
Seems to have traditionally had a bit of a run from May-Jun apparently cause performance fees are at end of the year.
just some thoughts...
Sorry 56gsa just read your post then :o
there has been a lot of "robot" buying with TRG over the last couple of weeks.
today it's all about the number 36.
Do you think it could have any significance or is it just random?
Latest SP
TRG 14.70 -0.300 -2.00% high of 15.30 low of 14.25 4,721 shares $71,417 @ 02-Oct 03:44:57 PM
Is the following DMA (Direct Market Access) or algorithmic trading?
-- DMA trading allows a client to send orders directly onto a trading platform without human intervention. One form of DMA trading involves a strategy to match the volume weighted average price (VWAP) for a stock over a day. As a means of capturing the VWAP, a single order might be split up into several smaller orders which are submitted periodically (every 3 minutes for example).
I bought 500 shares today at average price of $14.687
It was the must unusual experience ever!
The SP opened this morning at $15.25
After midday the price was down to $14.65 and I placed my order where the top buyer price was $14.65 which has been filled with a few trades of $14.65; so I placed order for $14.66 to be head of the queue!
My order was partially filled at $14.66 with many parcels of 13 shares with a few at 12 and 14 shares
-- a buyer order was placed for 1000 shares at $14.67 and $14.70 so I increased my buy price to $14.72 which again was filled by trades of 13, 14 and 15 shares
Just about all trades have been for 12 to 15 shares but mostly 13!!!!
It's being chased up now with some pretty heavy offers being put up.
Did you see the order for 35,000 right on the bell at $15.20
Something is afoot here.
(but it's all good)
bigdog
8th-October-2007, 11:47 AM
The share price today is looking very good +$0.84 +5.36%
TRG $16.50 +$0.84 +5.36% with high of $16.50 7,113 shares $115,294 @ 08-Oct 11:32:11
Tightly held share!
bigdog
14th-November-2007, 11:20 AM
ASX ANN today
There has been no change to the SP today $16.25 since ANN
14/11/2007 Chairman`s Address to Shareholders
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00782647
2007 Results
If you recall last year’s AGM, I stated that Treasury Group had laid the foundations for a new phase of growth. In 2007 we made a start on leveraging that growth platform and achieved attractive financial results. For the year ending 30 June 2007:
• Treasury Group’s revenue increased by 12.9% to $58.2 million;
• Our net profit after tax increased by 25.0% to $18.0 million; and
• Group funds under management increased by over 43% to $14.5 billion.
Your board approved a fully franked final dividend of 35 cents per share, bringing the annual dividend for 2006/ 2007 to a total of 60 cents per share. As we have previously stated, we are aiming to give shareholders a level of predictability in dividend payments, and accordingly, our policy is to pay a half-year dividend that is equal to half the previous full-year dividend (as long as there are no unexpected events).
2007 Highlights
In February 2007 Treasury Group announced the establishment of TG Investment Funds, an Ireland-based vehicle for Treasury Group managers to offer products to European investors. Treasury Asia and RARE Infrastructure have both opened funds under this vehicle.
In July we announced the startup of a new boutique, Cannae Capital Partners, with Hugh Giddy as its principal. I am pleased to confirm that Cannae is now managing money and there has been strong interest from institutional clients. We welcome Hugh and his team to Treasury Group and hope for a long and successful association.
Investors Mutual continued to enjoy steady flows on the retail side and Orion showed continued growth, especially on the back of its alliance with Trilogy Global Advisors.
Global Value Investors and Treasury Asia both became profitable last year and continue to show pleasing growth in this last calendar quarter of 2007. RARE Infrastructure has also broken into profit-making territory and we expect a material contribution from each of these businesses this year. Each of these three businesses is internationally scalable and is well positioned to expand quickly.
We recently came to a mutual decision with Campbell Boag to close Confluence Asset Management Limited. Mr Boag intends to pursue other business interests outside of funds management, and though the business was a strong performer, it did not contribute significantly to Treasury Group’s results.
battiwallah
25th-December-2008, 09:17 PM
TRG is now selling (albeit very thinly) at a very attractive price, around $4.30 which is very low compared to the high of about 12 months ago of over $12.00. This company has a very high return on equity and little debt. There have been some major share movements recently, but it appears that some directors are buying up the shares while they are cheap.
Does anyone have any thoughts on this stock?
Disclosure: I have a small holding and plan to buy a few more over the next few months.
