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CWY - Cleanaway Waste Management

Discussion in 'Stocks 0-H' started by tech/a, Jul 27, 2005.

  1. Knobby22

    Knobby22 Mmmmmm 2nd breakfast

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    Surprised to see no posts recently.
    Been a good company.
    TOX takeover has gone well. Getting into recycling more as China has left the market. Risen 30% since I bought but should get to $2 by next profit report.
    Solid performer without the excitement of some like Afterpay or the artful dodger characteristics of the banks and AMP.
    Pretty safe from disruption also.
     
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  2. aus_trader

    aus_trader

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    Temporarily got out of CWY at this point in time due to overall market uncertainty. Did have it in my Medium/Longer Term Stock Portfolio till a couple of days ago and if markets calm down looking to get back in...

    Good analysis :bookworm:
     
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  3. Ferret

    Ferret

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    I was a TOX holder and did ok with them. Should have moved my funds to CWY after the takeover.
    Might grab a few once I feel this shakeout is over. Could be a while...
     
  4. Knobby22

    Knobby22 Mmmmmm 2nd breakfast

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    I was a TOX holder but changed to CWY before the takeover, unfortunately.
     
  5. Ann

    Ann

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    Just thought I would add a 6 month chart. I draw my support/resistance lines on EOD, hence the overlap of high and low candlesticks. I have been flicking through the charts of the November Comp and yours' is one of the few which caught my attention Knobby. It looks as though it is going to break out very soon. I think it will be an upward breakout because of how the momentum indicator is shaped. There are a couple of overhead resistance lines around $1.80 and then $2. After that it is all blue sky. I think you chose a darn nice stock with this one!
    Normal disclaimer...I could be wrong :)

    cwy nov 2018.png
     
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  6. Knobby22

    Knobby22 Mmmmmm 2nd breakfast

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    Hi Ann

    They took over a small company and it hurt them a little but I reckon when they next make an earnings announcement you could be right Ann. At least to $2. There is a lot of foreign investors leaving the Australian market at the moment but things can turn around fast.
     
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  7. aus_trader

    aus_trader

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    Good Chart Analysis Ann, keep it up.

    I have also bought back CWY into Medium/Longer Term Stock Portfolio after selling it during this market downturn. They are also looking at solutions to our country's waste/recycling problem that we are facing as evident by the recent announcement:

    [​IMG]
     
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  8. $20shoes

    $20shoes

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    I chose CWY for the stock tipping comp. Looks like we've had a bit of a shake out recently. There might be some long entry opportunities coming up, depending on your risk appetite. It gets a bit spikey though doenst it?
    CWY2019-01-08 09-34-10.jpg
     
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  9. barney

    barney

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    It does and it did …. but the Chart has really "cleaned up its act" (boom boom:p) since you posted @$20shoes …… Its making that recent push lower look like a shakeout! … Good luck with it.:)
     
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  10. peter2

    peter2

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    CWY has rallied nicely with the market and is now poised to have another go at the 2.00 level.

    The chart below is part of a research project and should not be considered a recommendation to buy this stock. If you want to read more about the project log in to read the P2 Weekly Portfolio thread.

    Setup: Bullish Key reversal in an up trend.
    Grade B due to my concerns that price can spike both up and down occasionally.
    Buy limit: 1.90 iSL 1.73, trail exit stop, let it ride

    cwy100219.PNG
     
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  11. Knobby22

    Knobby22 Mmmmmm 2nd breakfast

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    Great interim result today.
    Revenue up 45%, profit up 35% dividend up 50%.
     
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  12. barney

    barney

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    Solid gap up on good Volume.

    $18 million turnover so far today and looks like closing near the highs of the day … Can't ask for much better than that.


    CWY 14Feb2019.jpg
     
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  13. $20shoes

    $20shoes

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    Very pleasing. Its turned into a nice trade indeed.
     

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