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Civmec forum

What can they do?  It' s just an exclusion thing to say we bo chap already.  Do what u like.

barracudaa      ( Date: 18-Mar-2015 15:26) Posted: So SGX issued " trading with caution" and the company said nothing unusual going on...what would be the next course of action by SGX? Anybody?

 

Nothing' s....

barracudaa      ( Date: 18-Mar-2015 15:26) Posted: So SGX issued " trading with caution" and the company said nothing unusual going on...what would be the next course of action by SGX? Anybody?

 

So SGX issued " trading with caution" and the company said nothing unusual going on...what would be the next course of action by SGX? Anybody?

 

Think the sell down also due to margin call....basically there are very few buyers..all leg soft soft....so brokerage just sell whatever q there...all the ways down...

edwinjup      ( Date: 18-Mar-2015 13:06) Posted: Tikam some @40c.....think some funds unloading...yet limited buyers causing the sharp drop...may need to wait long long for it recover... barracudaa      ( Date: 18-Mar-2015 12:36) Posted: 0.39-0.40.... wow...company said not aware of any special news   :)

 

Tikam some @40c.....think some funds unloading...yet limited buyers causing the sharp drop...may need to wait long long for it recover...

barracudaa      ( Date: 18-Mar-2015 12:36) Posted: 0.39-0.40.... wow...company said not aware of any special news   :)

 

0.39-0.40.... wow...company said not aware of any special news   :)

 

Already quieried yesterday mah.

 

Still sleeping mayb 

moron101      ( Date: 18-Mar-2015 10:35) Posted: 9% drop liao. SGX nvr query?

 

9% drop liao. SGX nvr query?

 

In 17 April 2014 Civmec eyes stadium opportunities. Last week they got the contract, Not bad, can perform.

 

https://au.news.yahoo.com/thewest/a/22702517/civmec-eyes-stadium-opportunities/

 

http://www.perthnow.com.au/news/western-australia/wa-firm-civmec-wins-73m-perth-stadium-steel-contract/story-fnhocxo3-1227248272461

 

Mining sector - Recovery is in slight.
Mgt changes at top firms such as Australia lead BHP Billiton, Rio Tinto, Glencore Xstrata and Anglo American have seen better profits. Such companies outperform expectations in the first quarter of 2014, this year, leading to higher profits, lower debts and more dividend payout.

The downgraded cycle is coming to an end, said BlackRock managing director Evy Hambro.

Ausgroup - On Karara Mining delay  payment.

teeth53 thot - Mining business is roaring back into life,

Another group on announcement  last May, 2013. is Ezion in supporting role in big business. Ezion endorsements to develop a supply base to support the offshore oil & gas scene in Australia. It lack of staging ground for offshore projects now resolved. We understand that the offshore projects required clear land, warehousing facilities, space for welding / painting / other jobs, and a deepwater jetty.

Ezion marine base supports four major offshore projects. The marine base will support the super-massive USD34b Ichthys LNG project, Shell&rsquo s FLNG Prelude project, and the Bonaparte LNG and Montana projects.

teeth53      ( Date: 15-Apr-2012 10:53) Posted: In anticipation,  I believe Civmec  trading for coming Monday and following is...,  may trade in a narrow margin,  expecting  to trade less, not more then  on it  first day trading high (see my 1st posting), so anything goes beyond 0.600 cts. Got profit, take some and always leave some for others, That  how mkt players is playing each day...day by day. unless one hav alot of deep pocket money to buy n keep (usually those bot on a cheap - still one day they will sell when it goes higher high)  Hav to respect on how mkt players is playing out (on how is disappointed with AusGroup performance). Happi Trading.

 

2QFY14 net profit slumped 35% to $6.2m in tandem with a 21% fall in revenue, taking 1HFY14 net profit to $14.3m (-22%). The lower top-line was impacted by slower than anticipated commencement of some secured projects, due to the late receipt of project details. Gross margins fell 4.2 ppt to 14.6% largely due to the nature and mix of contracts reported during the quarter, preliminary costs in anticipation of new projects commencing and the establishment costs of project support facilities in Henderson and Darwin. Going forward, the group remains confident of its prospects, back by an order book of $392m, while Tendering activities remain strong with a large amount of both capital and operational expenditure projects being tendered.

 

 

its order book - not i want to yaya or anything- but Vallianz a penny stock got more leh.....

Teochew      ( Date: 21-Oct-2013 21:32) Posted: CIVMEC wins over SGD$210 Million of Contracts since last announcement, Order Book at record levels   SINGAPORE, 21 October 2013 - Civmec,  an Australian based integrated multi-disciplinary heavy engineering service provider, is pleased to announce it has recently been awarded a number of new contracts.   The value of the recent contract awards increased the order book to over SGD$330 million.

 

CIVMEC wins over SGD$210 Million of Contracts since last announcement, Order Book at record levels
 
SINGAPORE, 21 October 2013 - Civmec,  an Australian based integrated multi-disciplinary heavy engineering service provider, is pleased
to announce it has recently been awarded a number of new contracts.
 
The value of the recent contract awards increased the order book to over SGD$330 million.   

 

One of Western Australia's biggest business success stories in recent times is also one of its least known.
 
Amid plenty of doom and gloom in the resources sector, heavy engineering and construction services provider Civmec is powering ahead on the back of WA's massive liquefied natural gas (LNG) expansion.

While its peers in mining are taking turns to downgrade their profit expectations, Civmec last month reported a hefty profit hike for the financial year to date.

The contractor said tendering activities were better than six months earlier and the highest since its inception.

The two key players behind Civmec are not so much low-profile as no-profile. Executive chairman Jim Fitzgerald and CEO Pat Tallon retained hefty stakes of nearly 20 per cent each when the company quietly listed on the Singapore Exchange last year.

Those shareholdings were worth $S86 million ($72 million) each at Friday's closing price.

Since taking control of the company from former parent VDM Group four years ago, Civmec's growth under Mr Fitzgerald and Mr Tallon has been nothing short of spectacular.

In the 2011-12 financial year, revenue soared more than 400 per cent to $S329 million. Net profit was up 300 per cent to $S30 million.

This year's performance will be better. Revenue for the first nine months of this financial year was up 52 per cent to $S326 million, while profit climbed 22 per cent to $S27 million.

Since building a massive fabrication facility at the Australian Marine Complex in Henderson, Civmec has been a key supplier of pre-cast concrete structures for Chevron's Gorgon LNG project.

The company raised about $S20 million from the Singapore listing, part of which was used to fund a new office at the Henderson site. The share price has more than doubled since the float.

This year Civmec has expanded its service offering to include structural, mechanical and piping installation, as well as asset management and integrated services. Mr Fitzgerald has hinted at a share placement to fund expansion.

Neither of the company's leaders is an overnight success. A qualified sheet metal worker, Mr Fitzgerald has been in the business for more than 30 years. He was a founder of resources contractor AGC, eventually becoming executive director of its parent AusGroup.

Mr Tallon got his start as a tradesman in Ireland and has spent a quarter of a century in the construction industry. He was a director of Ballymount Enterprises before it merged with Civmec in 2009.

 

Due to?

New contracts?

Or rumours of takeover news like Ezra?

She's in a good position for that due to the low share price

happyboy588      ( Date: 18-Sep-2013 09:41) Posted: filling in the gap ,  see $1 soon ,  hahahahhah

 

filling in the gap ,  see $1 soon ,  hahahahhah

 

Civmec not only filled the gap at $0.815 but also went further down to fill the gap at $0.69 .

Bintang      ( Date: 15-May-2013 08:38) Posted: Civmec is already in the long term downtrend since the dead cross formed in March 2013 , it is going down to fill the gap at $0.815 yiewkhong      ( Date: 06-May-2013 21:17) Posted: Excellent short candidat

 

...Married Deal:  Vol: 4,250 Value: $2,975,000   ie $0.700/share  Prev Close: $0.745...

...highest $1.285 (14 Jan '13) ... lowest: $0.480(23 Apr '12)... down trend since hit the highest...