Archive for May, 2009

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  • CSL wins U.S. vaccine contract

    Friday, May 29th, 2009

    The U.S. government has placed a $232 million order with Australian pharmaceutical company CSL for a swine flu vaccine.

    The vaccine for the type A (H1N1) influenza is still in development but clinical trials are due to begin in the next few months, funded by the US Department of Health and Human Services. Manufacture of the vaccine will be at CSL s Parkville facility in Victoria.

    The Australian government has ordered 10 million doses.

    This all seems like great news for CSL and its shareholders, but according to an article in The Age this morning, vaccine production accounts for only 8% of CSL s revenue due to the size of the Australian market, making this more of a good public relations opportunity rather than a financial bonanza. If CSL can gain a share of the US market, however, things could become interesting.

    The CSL share price was up on market open this morning:

    Source: Market Analyser. Click here for a free trial.

    For more details on this news story:

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    ASX Top 20 Update

    Friday, May 29th, 2009

    Dear Members,

    I have updated MDS Radio with a new recording covering the Dow, XJO and the ASX Top 20.

    Click here to watch the presentation.

    Best Regards,
    Leon Hinde.

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    Friday, 29th May 2009 Morning Wrap

    Friday, May 29th, 2009

    Presented by Michael Hevern
    MDSFinancial

    Click here to watch the presentation.

    or

    Click here to download the mp3 audio recording (1008Kb).

    General Advice Only

    *************************************************
    In this morning s wrap

    DOW: up 1.3%
    US Gov t Debt Auction Performs
    Better Than Expected

    NASDAQ: up 1.2%
    Dell Profits Down, Reports in-line;
    Losing Market Share

    FTSE: down 0.7%
    House Prices to Fall 14%
    DAX down 1.4% & CAC down 0.8%

    NIKKEI: down 0.1%
    Japan: April Retail Sales down 2.9% (8th Month)
    Unemployment at 4.9% & Rising

    Oil: up 2.6% ($65)
    OPEC Meets says Price to Rise ($US75)
    (Output on Hold)

    Gold: up 1.4% ($961)
    Commodities Higher;
    USD Lower (4 month Lows)

    SPI up 31 (0.8%)
    SPI: Critical Level(s): 3850 to 3600

    ASX News
    AIO Need to refinanace $197m by today
    PRY- $256m capital raising (at premium!!!)
    ANZ being sued over Opes Prime
    Golds to see support
    Materials, Financials and Energy to recover
    ASX to open higher (options exercise);
    US & UK positive

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    US Markets Close Higher on 28/5/2009

    Friday, May 29th, 2009

    The US markets closed higher last night.   The Dow closed up 103 points or 1.2% at 8403, the  S&P500 was up 13 points or 1.5% at 906 and the Nasdaq was up 20 points or 1.2%  at 1743.  

    Gold and oil both closed higher.   Gold was up $8.00 at $963.20/oz and crude oil was up $0.63 at $65.08/bbl.

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    Ausenco Share Purchase Plan

    Friday, May 29th, 2009

    Ausenco  (AAX) announced on the 29/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 4/6/2009 on which shareholders must own the share to participate in the SPP. A maximum of $15,000 can be purchased by each shareholder at $3.20.  

    Discount : 13.5% Liquidity : Good Profitability : Good Stability : Good

    http://www.ausenco.com/

    * Note: Discount is based on the closing price on the 29 May 2009.

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    Ausenco Share Purchase Plan

    Friday, May 29th, 2009

    Ausenco (AAX) announced on the 29/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 4/6/2009 on which shareholders must own the share to participate in the SPP. The closing date is 30/6/2009. Shares will be issued on 7/7/2009 and begin trading on 13/7/2009. A maximum of $15,000 can be purchased by each shareholder at $3.20.

    Discount : 13.5% Liquidity : Good Profitability : Good Stability : Good

    http://www.ausenco.com/

    * Note: Discount is based on the closing price on the 29 May 2009.

    For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

    To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

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    White Energy Corporation Share Purchase Plan

    Friday, May 29th, 2009

    White Energy Corporation (WEC) announced on the 29/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the29/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 26/6/2009.  Shares are to be issued on 3/7/2009 and begin trading on 6/7/2009.  A maximum of $5,000 can be purchased by each shareholder at $1.50.  

    Discount : 15% Liquidity : Ok Profitability : Ok Stability : Ok

    http://www.whiteenergyco.com/

    * Note: Discount is based on the closing price on the 29 May 2009.

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    White Energy Corp Share Purchase Plan

    Friday, May 29th, 2009

    White Energy Corporation (WEC) announced on the 29/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the29/5/2009 on which shareholders must own the share to participate in the SPP and the closing date is 26/6/2009. Shares are to be issued on 3/7/2009 and begin trading on 6/7/2009. A maximum of $5,000 can be purchased by each shareholder at $1.50.

    Discount : 15% Liquidity : Ok Profitability : Ok Stability : Ok

    http://www.whiteenergyco.com/

    * Note: Discount is based on the closing price on the 29 May 2009.

    For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

    To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

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    Oropa Share Purchase Plan

    Friday, May 29th, 2009

    Oropa (ORP) announced on the 29/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 8/6/2009 on which shareholders must own the share to participate in the SPP and the closing date is 29/6/2009.  Shares are to be issued on 6/7/2009 and begin trading on 9/7/2009.  A maximum of $5,000 can be purchased by each shareholder at a 15% discount to the volume wieghted average price (VWAP) prior to issue.  

    Discount : 15% Liquidity : Poor Profitability : Ok Stability : Poor

    http://www.oropa.com.au/or/

    * Note: Discount is based on the closing price on the 29 May 2009.

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    Oropa Share Purchase Plan

    Friday, May 29th, 2009

    Oropa (ORP) announced on the 29/5/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 8/6/2009 on which shareholders must own the share to participate in the SPP and the closing date is 29/6/2009. Shares are to be issued on 6/7/2009 and begin trading on 9/7/2009. A maximum of $5,000 can be purchased by each shareholder at a 15% discount to the volume wieghted average price (VWAP) prior to issue.

    Discount : 15% Liquidity : Poor Profitability : Ok Stability : Poor

    http://www.oropa.com.au/or/

    * Note: Discount is based on the closing price on the 29 May 2009.

    For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

    To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

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