Rotary Engg   

Rotary

Current order book exceeds $700 million, with majority of it in Singapore, where Rotary has had a lot of success in the past.

And check out the CEO salary only about $700K. So this company management does not try to enrich themselves at the expense of shareholders. Kudo to Mr Chia. I hope his company does a major turnaround this year.

 

This is a super uptrend stock. Accumulate while it is still cheap! It may run like Boustead. Don' t miss out.

 

hope for good result + highier target price from analyst + contract annoucement

 

Rotary share price gaining momentum. Yesterday  huge volume done on 70 cents. Contract announcement coming soon?

 

result on 8th May

hope will push the price to target

 

I think will attempt to clear 76 soon

 

resistance at 76

I think 80+ soon once 76 cleared

try again

 

Don' t worry 

BB always show their ability by eat up all the shares in the sell queue before market open

 

 

sigh.. still rotating round and round .. 0.72..0.74..0.72...i giddy liao..

 

Still on cha cha mode. 

 

the contractor very busy at Tiong Woon site

due to labour shortage, Rotary site abit slow

work will resume soon

80+ soon

 

In 2008, the Oman Fund acquired a big stake from the 2nd largest shareholder of Rotary Mr Wong at $0.897.

So I believe the share price will at least go back there as the first target.

Subsequently,  it should  rise much higher.

 

 

Lets patiently wait for the company to grow and the share price to get there.

 

Agree.  It will be heading above the $1 mark

lifeisgood      ( Date: 15-Apr-2014 22:52) Posted: Valuation wise, the stock is very cheap compared to its peers, which are trading at 22 times PE on average. Whereas Rotary is still on single digit PE. The last few years Rotary earnings were dragged down by over $100 million of losses due to the Satorp project in the middle east. The pain is finally over so expect better profits going forward, as the majority of its $700 millionorder book is from Singapore, where Rotary is the market leader. I am expecting a minimum price traget of 90 cents and a blue sky scenaio of $1.20 to $1.40.

 

Valuation wise, the stock is very cheap compared to its peers, which are trading at 22 times PE on average. Whereas Rotary is still on single digit PE. The last few years Rotary earnings were dragged down by over $100 million of losses due to the Satorp project in the middle east. The pain is finally over so expect better profits going forward, as the majority of its $700 millionorder book is from Singapore, where Rotary is the market leader. I am expecting a minimum price traget of 90 cents and a blue sky scenaio of $1.20 to $1.40.

 

Can't agree more!

lifeisgood      ( Date: 15-Apr-2014 18:43) Posted: Rotary is on track to a strong turnaround. It should be winning some new contracts from Johor and the KL RAPID USD $16 billion project. Keep! Expect much more upside to this stock.

 

Rotary is on track to a strong turnaround.

It should be winning some new contracts from Johor and the KL RAPID USD $16 billion project.

Keep! Expect much more upside to this stock.

 

80 soon after consolidation

 

Thx, another reason i sold at $0.74 is bcoz Rotary given dividen @$ 0.015, so $0.015/$0.75= 2% gain. I doubt who will buy Rotary above $0.75 that just to earn 2% dividen?
Unless Rotary gg to win big project from Oman.

45coconuts      ( Date: 09-Apr-2014 11:07) Posted: Congrats! valuebuyer      ( Date: 09-Apr-2014 09:48) Posted: Sold all at $0.740. its oredi double the price of lowest at $0.375,likely face great resistance at $0.75, enough for me,good luck to all.

 

Congrats!

valuebuyer      ( Date: 09-Apr-2014 09:48) Posted: Sold all at $0.740. its oredi double the price of lowest at $0.375,likely face great resistance at $0.75, enough for me,good luck to all.