RAMS Home Loans and AGL Energy - Losers of Week 41

RAMS Home Loans and AGL Energy were among the worst performing stocks on the Australian Sharemarket for week 41 of 2007. RAMS Home Loans (RHG) lost 34 percent of share value closing at $0.315. ASX 100 and ASX 200 index loser was AGL Energy (AGK) losing 4.4% or 72 cents of stock value, closing at $15.63. Other losers of the week were: Sigma Pharmaceuticals ($1.43, losing 4.3%) and WA Newspapers ($14.28, losing 4.2%). The Australian dollar at Friday close of business was US89.73 cents, gold was $747, All Ordinaries closed the week at 6760.1 and the ASX200 closed at 6748.9. Read a previous AGL Energy (AGK) stock update.

AGL Energy Limited is listed on the Australian Stock Exchange (ASX) under stock code AGK. You can view their investor website here. AGK was listed on the ASX on 12 October, 2006. Mark Johnson is the Chairman for AGL Energy and Paul Anthony the Managing Director. The Company will operate Australia's largest retail energy and dual fuel customer base and consist of a substantial portfolio of wholesale energy contracts and assets to support its retail customer base. RAMS Home Loans Limited is listed on the Australian Stock Exchange (ASX) under stock code RHG. You can view their investor website here. RHG was listed on the ASX on 27 July, 2007. Greg Kolivos is the CEO of RAMS Home Loans and John Kinghorn is the Non-Executive Chairman. RAMS is a specialist provider of residential home loans throughout Australia. Its core activities are origination, distribution and funding of home loans. RAMS began operations in 1993 as a wholesale provider of funds to lenders in the commercial and investment property markets. It sourced loans through a network of up to 20 originators. Remember to do a little fundamental and technical analysis; good luck with your share trading!