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Sydney originally budgeted to start November 29th 2002. 7 +9+8--=24.490000000000002--3/10/03
MOTOROLA 8.1% of capital
 
Both partys have stated they are not ready to proceed 6/2/03--in Cubic verses N.S.W. case number 40720/02 it has been vacated to the 6th of March 2003.

LINKS.
----------------------- http://www.austlii.edu.au/cgi-bin/disp.pl/au/cases/nsw/supreme_ct/2002/656.html?query=%7e+cubic ----------------------- http://www.lawlink.nsw.gov.au/sc\sc.nsf/pages/sittingsofthecourt -----------------------
CUBIC VERSES NSW NEXT GOES TO SUPREME COURT ON THE 15/9/2003.
Triple witch September 19th U.S. time--Getmenews the truth---big money going into U.S. market.
\

The Group now has a net asset position of $198.7 million with net tangible asset backing per share of $0.36 compared to negative $1.16 in the previous year.12/9 reporting 30/6/02 to the 30/6/03

All Lazio Goodies announced on the 3/9/03--for purposes of valuing ERG stock and what it is worth--go onto FY4--it happened subsequent to 30/6/03. Cubic verses NSW.16-17/9/03--agreement
AGM26 November 10am Perth time Annual General Meeting CityVenueDateTime
PerthSheraton Hotel,Grand BallroomWednesday 26 November 200310.00am

PROTON 8.4% of capital

 
30/9/03--at 6pm ERG Limited 2003 Audited Financial Report We attach the audited financial report for the year ended 30 June 2003. Our auditors have expressed an unqualified audit opinion reflecting the significant improvement in the financial position of the Group over the last 12 months. This turnaround has been primarily driven by the Group’s successful capital restructure, the sale of its subsidiary Proton World and the restructure of contracts for the Rome and Lazio project. Yours faithfully

Subject Author Date
Harbour Bridge Sydney TunnelQueensland Motorways 20/1/2003.structure showing recent deveopmentse-Tag--ERG17/01/03 9:17:00pm
Transurban/alliance agreement May 2001lE-tag--SMH 18/1/0317/01/03 1:08:46pm
SNH Jan 18thE-tag--Transurban/ERG17/01/03 12:52:37pm
For those that don't live in NSWThe state election is in March 03.17/01/03 7:14:58am
What do I know about Sydney San Francisco?Accredited sources. Before March Cubic vs NSW17/01/03 7:11:35am
until the ERG capital restructure is approved by the shareholders.Hahaha saying in his view Sydney after State election16/01/03 11:11:52pm
last year hearings early Feb decision Feb15NSW Supreme Court.16/01/03 1:08:32pm
P Fogarty was reported to have stated at the ERG AGM 28/11Australian I.T.29/11/02 Sydney unlikely till Jan Feb 0316/01/03 10:30:22am
Mr Fogarty told AGMSydneywas now unlikely to start until January or February.The Australian I.T.NOVEMBER 29, 2002--budgeted for Aug 200216/01/03 9:48:06am
Sydney was budgeted to start in August P Fog stated 29/11/2002unlikely to start until January or February16/01/03 9:27:16am
Institutional investors/understood/put an end/shorting.SMH 15/1/0316/01/03 8:13:55am
(15cents) and the market price.moved against them.nothing to do with the Mot announcement16/01/03 6:39:29am
SMH 15/1/03institutional investorsare understood endto the shorting mechanismarbitrage conversion shares16/01/03 6:03:51am
Sydney integrated ticketing contractAustralian Financial Review 16/01/200316/01/03 5:55:01am
Newspaper accounts Cubic NSW--outsourcing Sydney etc100mill upfrontPaterson Ord Minnett analyst Robert Gee said.13/01/03 9:45:32am
We are now actually in the 2nd half(ie 31/12/02 to 30/6/03)reported though till September.12/01/03 11:54:07am
The previous post on Sydney/San FranciscoThe real benefits fundamentally 2nd half.12/01/03 11:40:53am
Gross margin./Sydney10 to 12 contracts are imminent 28/11MOT settlement12/01/03 11:29:09am
Provision/raised againstprecontract costsuntilERG woncontract or identified sole preferred tenderer.ERG accounting policy as at 12/9/0210/01/03 10:27:39pm
1st H--30/6/02---31/12/02--2003 year. reported on or around 11/32nd H- 31/12/02-30/6/03--2003 year.reporting around 12/910/01/03 10:05:35pm
28/11/02 we expect major projects short term Sydney, Seatlle 2nd phase San FranciscoContributing supply installation revenue 2nd half FY0310/01/03 9:56:59pm
19/72002 Sydney already has that proposes upgrading its system to smart cardMelbourne is paper-based magnetic ticket10/01/03 9:50:43pm
There are new Cubic fare collection machines at Rockdale SydneySteve.10/01/03 4:04:01am
The significance of the previous info.Steve10/01/03 4:58:11am
Requirements for SydneySteve.10/01/03 4:39:51am
Cubic and Sydney--the situation as it is in Jan 2003.Steve10/01/03 4:00:05am
Preferred Proponent: Seattle Sydney 2002 Annual Report.Steve10/01/03 3:54:44am
This forum specifically on Sydney---news articles so forthSteve10/01/03 3:45:13am
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PREVIOUS TO THE 30/6/03--BEFORE FY4 PROFITABILITY ERG IN THE 80C RANGE COULD BE DESCRIBED ON FUNDAMENTALS AS A SAFE LONGER TERM HEDGE. ERG ... last close: 0.91ERG is definitely NOT a stock to put the house on.Having said that, from atop 0.82, the outlook is bullish. Since June, higher lows have been the norm. That's bullish.If below 0.82 the pattern will be broken, but not until then.On that basis, 0.82 is a Key Level.It's not a profoundly important Key Level, but it is a Key Level.In addition, there's something of a triple bottom in place.Indeed, there are 2 ways of seeing a triple bottom here.Either a] the Dec/Mar/Jun lows OR b] the Mar/Jun/Aug lows.No matter how the sandwich is cut, the story looks bullish.If you choose to buy, ideally, exit if below 0.82.In % terms that is not a tight exit strategy.Keep that in mind when deciding how much to buy.Keep your exposure to a minor amount.Given the visibility also, it is unwise to be too confident.For that reason, I'm not including ERG in the recommendations.I posted this report only for those with an interest in ERG.In short, there is potential here, but that said ...ERG is not a stock that I would buy.I believe that the outlook for ERG is bullish, but ...In a nutshell, there are safer opportunities elsewhere. On the 30/10/02 P Fogarty sold 125.000 shares for a consideration of 21,609,80 17.50008 exchanging it into 4,763 convertible notes at a ratio of 90 to 1 ERGG which traded as Ergda (along with everyone elses) with adding up all the lows while it traded ad doing a median average working out to be 76.8 ERG traded at the same time as ERGN adding up all the lows and then doing a median average of it over that period 8.42.12/6/03 ERGN adding up all the lows and doing a median average 8.39 Adding them all together and doing a median average of all three figures 76.8 divide 10= 7.68 8.42 and 8.39 =24.490000000000002 dividing by 3 =8.163333333333334 x 10=81.63333333333334c per share--rounded 82c
SOME DATA GATHERERS DID NOT RECORD THE LOW AS 92--15/9---82 is important.
THE AVERAGE PRICE AN INSTITUTION FINISHED SELLING AT WAS 92C 5/9/03---82 IS IMPORTANT.
undisclosed buyer at 102--26/9
2 BROKERS UPGRADED ERG ON THE 16TH 17TH JULY
BANNED FROM A NUMBER OF FORUMS WHILE ERG WAS TRADING RANGE BOUND BETWEEN THE LOWER 80'S AND 115.TREMENDOUS TRADING PROFITS BY A NUMBER OF ORGANISATIONS WERE MADE DURING THAT PERIOD. AS RECENTLY AS THE 25/9/03 DATA WAS REMOVED FROM STOCKHOUSE--GIVING A LINK TO
Banned at Stockcentral at 1 dollar.
 Okay no sympathy asked for then--not likely to get any at Stockcentral--I assure you getting shorted down to 4000 dollars--and then on top of that your elderly dad getting taken to hospital--was no fun--anyway in the future no quarter given from me--I must say the human species never fails to surprise me in the capacity for ill will and meaness--worse than Stockhouse--and that is saying something.
MACCATELCO FIRST POSTED 16/9/03 ERG THREAD STOCKHOUSE
March, June, September, December Final settlement day falls on the third Friday of the contract monthThe last trading day is the preceding Thursday..
Trade note if vested interests say something is not important--then it is the reverse of that--important. The high of 20/2/03 (Sydney) vwap16.53 minus the all time low ERGDA 25/6/03 73 =92.3--the average price an institution sold at 5/9/03--- 92c.
16.53 divided by 2 equals 8.265--with the low on the 8/8/03 being 82c vwap 86.2
Trade note Stockcentral--S&P.26/9/03 PWI 8.4 plus MOT 8.1=16.5--vwap 20/2/03--day of Sydney 16.53 (NT) -- median average MOT/PWI= institutional buy/sellpoint 8.25 x 10 = 82/83--the 7/8/03 to 8/8/03 Lazio begins to kick in within two months of September 3rd--which makes it no later than November the third.
The most important date to remember in the cycle is the 26/9/03--Friday. Crossings done on the 26/9/03--between 100 105--on the 29/9/03--Monday crossings from 2c higher at 102 to 105--both days the high was 105--the lows differed though--with the 29/9/03---being 102--and the 26/9/03--being 100 
bookeeper (no association to myself) has told me she was banned for posting on the ERG thread at Stockhouse (NT) -- the following information---ERG is 102--on the 26/9/03 (software fix) 31/8/03 American time 1/9/03 Australian time. -- (psuedo pocahontas removed by American short coverers at another place.), 2/09/03 12:33:13am
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