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What will the price be tomorrow? Haha
Huat ahhhhhhhhhhhhhh!
Blanchard ( Date: 06-Aug-2013 18:46) Posted:
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In addition, Rotary announced additional S$100 million of contracts bringing its order book to S$1 billion.
Second quarter results out. Do check them on SGX website. Note that profit attributable to shareholders is $5m for Q2, $7m for HY
will become $1 stock soon
Very good prospects.....
* EPC contract for the shared lubricant storage facilities in Tuas South
* Representative office to prospect for projects in Oman
* Contract wins year-to-date exceed S$600 million
Rotary Engineering wins S$200m worth of EPC contracts in Singapore and Saudi Arabia
Any news with rotary?
Was 58c in the morning, suddenly jumped to 61c breaking thru 60c barrier.....
...Key Highlights
We are recommending a Buy on Rotary
Engineering, as the company refocus their efforts
in Singapore where more than 90% of their new
order wins to date come from. In particular, (1)
prospects of additional contract wins (we
estimate about $1bln worth of new contracts in
the pipeline), (2) expectations of earnings
recovery, (3) ability to leverage on its strong
balance sheet (net cash accounts for 40% of
market cap) to undertake more contracts and
acquisitions, (4) prospects for reinstatment of
their dividends to 1.5-2 cents a share over the
next 2 years and (5) improved market confidence
in management’s turnaround efforts as they
deliver their $756mln order books, could
potentially drive its share price over
last rebound, it failed to break the strong resistance of 60 cents.
hope it can break this time.
else it will go back to 46 cents.
GO $1.30
used to play Rotary when it was above $1
it is powerful when in play
another step forward.
things are brewing.
any good news coming soon?
another baby step.......
wow up steadily. got hope.
Rotary went through a setback last year..... Get ready for her comeback this year.....
Rotary Engineering wins S$60m worth of contracts in Singapore from Apr 13 to Jun 13.
http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=880997& fileId=Rotary_PressRelease_9July2013.pdf
insiders got good news......
One of the BB bought 420lots at 51.5cents...... at a single trade. Some thing is happening.......soon
Some announcement soon.
... yi, got some volume.