Winners & Losers

The worst performing stock on the Australian Stock Exchange last week was Sino Gold (SGX). The loser of the week was down 21 per cent on the announcement of a Chinese joint venture. Sino Gold is an operating gold mining and development company.

The stock with the biggest gains on the Australian Stock Exchange (ASX) in week 36 of 2006 week was Uranium King (UKL). The Winning stock of the week is newly listed and their share prices jumped upon listing and closed the week up 86 percent.

The stock with the worst performance this week was Ballarat Goldfields (BGF). The Loser of week 36 of 2006 was down 20 percent after results as well as after releasing a new mine plan.

The stock with the best performance this week ('Winner of the week') was Sydney Gas (SGL). The stock closed 26 percent higher after a release of a two year strategic plan. The company is establishing itself as a leading Australian energy company, focused on the production of coal seam gas (CSG); natural gas, from the vast coal deposits contained within the Sydney Basin. Sydney Gas is the first commercial producer of natural gas in New South Wales, and has been selling gas to AGL Wholesale Gas Ltd from the southern Sydney Basin, since May 2001.

The worst performing stock for this week ('Loser of the week') on the ASX is Pacifica (PBB). The company stock fell 20 percent on the back of a profits warning. The Australian based company is involved in the manufacture and sale of automotive components, friction materials, plastic products, tooling and construction products. Pacifica is a world leading automotive brake technology company.

The company ResMed (RMD) was the loser of the week for week 34 of 2006. ResMed's stock price closed down 11 percent on the week despite strong profit results. The company is involved in medical device manufacturing, in particular; ResMed is a leading manufacturer of medical equipment for the treatment and management of sleep-disordered breathing and other respiratory disorders. Note the volume spike above the 50 day EMA (Exponential Moving Average) line in the days leading up to the share price spike.

The winner of the week for week 34 of 2006 is Phosphagenics (POH). The stock was up 22 percent after a reported breakthrough in their diabetes treatment. Phosphagenics Limited is a developing pharmaceutical company with platform technologies and a vitamin producer. Note the volume spike above the 50 day EMA (Exponential Moving Average) line in the days leading up to the share price spike.

The winner of the week for week 33 is Coles Myer (CML). The stock price rose 22 percent after the widely reported bid approach. Note the volume spike above the 50 day EMA (Exponential Moving Average) line in the days leading up to the share price spike.

The loser of the week for week 33 was Oil Search (OSH). This came after news regarding their PNG gal pipeline. Note the volume spike above the 50 day EMA (Exponential Moving Average) line in the days leading up to the share price spike.

The biotech company, Bresagen (BGN) is the winner of the week this week (Week 32), which is up 35 percent after a bid from a US company. A glance at the company stock chart over the past 6 months shows that the stock price has been pretty much dead. One factor that is worthy of noting is the volume spike to around 2 million shares a few weeks before the prospective deal.