Jay-684
15th-February-2005, 11:11 AM
Just checked out my porftolio on Comsec, and all of a sudden in my list I find 233 AUW shares? Does anyone know where AUW comes from, or if it has been formed as a separation of another company (possibly Tower)?
View Full Version : AUW - Australian Wealth
monoply
15th-February-2005, 11:21 AM
Yes, they are from Tower
Jay-684
15th-February-2005, 11:24 AM
thanks for that
and is Tower now TWRDA or still TWR? Comsec doesn't seem to know whats going on, each day it seems to shift between the two
and is Tower now TWRDA or still TWR? Comsec doesn't seem to know whats going on, each day it seems to shift between the two
monoply
15th-February-2005, 11:41 AM
Was TWRDA but just changed back to TWR today.
AUW is trading as AUWR till Feb 28.
They will then trade as AUWN till March 16, then they will trade as AUW
AUW is trading as AUWR till Feb 28.
They will then trade as AUWN till March 16, then they will trade as AUW
britishcarfreak
8th-December-2006, 02:48 PM
Seems like nobody here is commenting on this stock so I might.
It's got a mixed broker consensus at the moment - quite polarized between underperforming and strong buy.
tracking down to 2.38 from a recent peak of near 2.80 - it seems to be losing steam due to virtually nill public announcements.
The company is very solid and stands to show some real runs on the board since recent merger with SEM - Select Managed Funds. I wonder whether buyers are cautious to see how the merger plays out or whether the price trend downwards is more about the fact that not much is being reported?
In my opinion this is a good buy at present.
I'd love to hear from someone else on this stock.
It's got a mixed broker consensus at the moment - quite polarized between underperforming and strong buy.
tracking down to 2.38 from a recent peak of near 2.80 - it seems to be losing steam due to virtually nill public announcements.
The company is very solid and stands to show some real runs on the board since recent merger with SEM - Select Managed Funds. I wonder whether buyers are cautious to see how the merger plays out or whether the price trend downwards is more about the fact that not much is being reported?
In my opinion this is a good buy at present.
I'd love to hear from someone else on this stock.
GreatPig
8th-December-2006, 09:50 PM
I'm currently holding, but keeping a close eye on it now.
It closed today exactly on the 50% retracement point of the last rise, so I'll be watching to see how it goes now.
I'm not big on this volume thing, but it had high volume today yet failed to close right near the low, which I think means some buyers were coming back in. Anyway, will see what happens next week.
GP
It closed today exactly on the 50% retracement point of the last rise, so I'll be watching to see how it goes now.
I'm not big on this volume thing, but it had high volume today yet failed to close right near the low, which I think means some buyers were coming back in. Anyway, will see what happens next week.
GP
britishcarfreak
10th-December-2006, 12:11 PM
Thanks for your reply. I hope I got it right as I couldn't see it going much below 2.38. I topped up my holding on Friday.
What's your feeling on fundamentals - or are you just trading off chart?
In my opinion these guys have got nice tight small business mentality (being Tasmanian (SEM) prior to merger) i.e. efficient - and now have some serious scale since reverse takeover - so failing any adverse effects from merger they should be able to realise some serious profit over the next year or so. There is always the risk of clash in corp. culture but form what I know of the management team this does not seem to be a problem.
We just need some announcements to build up confidence....
What's your feeling on fundamentals - or are you just trading off chart?
In my opinion these guys have got nice tight small business mentality (being Tasmanian (SEM) prior to merger) i.e. efficient - and now have some serious scale since reverse takeover - so failing any adverse effects from merger they should be able to realise some serious profit over the next year or so. There is always the risk of clash in corp. culture but form what I know of the management team this does not seem to be a problem.
We just need some announcements to build up confidence....
Kauri
10th-December-2006, 12:44 PM
On my radar for a possible turnaround soon as well.
britishcarfreak
21st-December-2006, 12:59 PM
I'd say this is looking a lot like the turnaround. Increasing volume. MACD good. RSI +ve. A few up days in a row. What do you think?
Kauri
12th-January-2007, 03:04 PM
Have taken a bite of AUW based on my rudimentary E/W system. Looking like a minor W3 of a larger W3??? if that makes any sense..
Kauri
15th-January-2007, 12:37 PM
Has reached the Typical W3 area, also challenging ATH. May be time for a W4 to develop??
britishcarfreak
15th-January-2007, 12:41 PM
As dodgy as this sounds I know a guy who knows the directors and on Friday he said to me it was about to go pretty well. He wouldn't justify it. Shame. Fundamentally these guys are great - it's just a media coverage issue i.e. nothing was happening for ages... now it's good to see some action. I sold out a few weeks ago so I could day trade U stocks.
Kauri
15th-January-2007, 12:55 PM
As dodgy as this sounds I know a guy who knows the directors and on Friday he said to me it was about to go pretty well. He wouldn't justify it. Shame. Fundamentally these guys are great - it's just a media coverage issue i.e. nothing was happening for ages... now it's good to see some action. I sold out a few weeks ago so I could day trade U stocks.
Just announced they are doing DD on some zurich/genesys super funds with the intention of absorbing them into to their stable.
Just announced they are doing DD on some zurich/genesys super funds with the intention of absorbing them into to their stable.
Kauri
31st-January-2007, 11:58 AM
May have decided to get on with the minor W5...
So_Cynical
13th-January-2010, 12:21 AM
These guys appear to be goners? anyone know what happened...there seems to be a few stocks with 'Australian' in there title that are no more? :dunno:
Maybe they just changed code?
Maybe they just changed code?
oldblue
13th-January-2010, 06:54 AM
These guys appear to be goners? anyone know what happened...there seems to be a few stocks with 'Australian' in there title that are no more? :dunno:
Maybe they just changed code?
Merged with IOOF - IFL - some time ago now.
I've forgotten the basis of the merger but the share price appears to be going well!
;)
Maybe they just changed code?
Merged with IOOF - IFL - some time ago now.
I've forgotten the basis of the merger but the share price appears to be going well!
;)
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