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Rokko Holdings Ltd updated that following last Friday’s earthquake and tsunami in Japan it expects that if protracted, the disruption to power supplies and telecommunication connections caused by the natural disaster could affect some delivery schedules of its equipment business in the short term, although the group has sufficient components and raw materials to fulfill its current orders on hand. The company does not expect its financial performance for the half year ending 30 June 2011 to be materially affected and is monitoring the situation closely and in regular contact with its suppliers and business partners.
/sgx
can enter at0.17.any advise.
wow..px went below IPO...goodness..wonder if the management is going to do anything about it...
a gd comparison is kinergy, 20cents
Not only hit....It went below~!~!
who wanna side bet one milo pengz tml will hit ipo price of 0.25? haha...
Reminded me of ... Albedo. The sell down lasted 4 months and the consolidation period lasted 5 months before it started to move north. Now no volume and price dead stuck since below IPO price I think.
contra players have to get out from this counter, that's why u see the price keep going down..
even season player AEM trading at 0.16, so high chance
this is a good shorting counter...cause it's all the way down..even today...
Oop...Sori. It is 3rd traded day...Rokko Last:0.29 Vol:2029k 
-0.015
-0.015
maybe got chance for rebounce...
Singapore manufacturers more positive on business prospects
Posted: 31 October 2007 1507 hrs
SINGAPORE: Singapore's manufacturers are slightly more confident about business prospects over the next six months, reflecting the outlook for the electronics and engineering industries, according to a survey by the Economic Development Board (EDB).
"The manufacturing sector remains positive about the business situation in the next six months ending March 2008," said the EDB in its quarterly survey of business expectations in the manufacturing sector.
Overall, a net weighted 25 percent of manufacturers polled in September and October said they expect business conditions to improve in the October to March period.
The figure was up from the 22 percent in the previous survey, which covered July to December.
Net confidence figures are optimists minus pessimists.
Some 32% of manufacturers said they expect an improvement in business conditions and 7% expect deterioration.
In the electronics industry, a net 33% of respondents expect business conditions to improve, down marginally from a net 34% expecting improvement in the last survey.
"Within the cluster, sentiments amongst chip makers have improved in the fourth quarter of the year, as output and order intakes are anticipated to be higher in the fourth quarter of 2007 compared with the third quarter," the EDB statement said.
Hiring expectations among electronics firms rose to 19% as most companies planned to expand payrolls compared with 13% in the previous quarter.
New product launches contributed to the positive outlook in the computer peripherals and infocomms and consumer electronics segments, with a corresponding expected rise in output and exports for the year-end festive season.
In transport engineering, led by marine and offshore engineering, a net weighted 33 percent of firms expect business to improve in the next six months, up from 25 percent the previous quarter, reflecting demand for oil rigs, offshore
equipment and ship conversions.
The chemicals sector was also more optimistic about business conditions in the six months ending March 2008 compared with the previous survey, despite increasing raw material costs.
In the biomedical manufacturing cluster, business confidence also rose, but production as a whole is expected to fall in the fourth quarter of the year compared with the previous quarter, the statement said.
The EDB survey received responses from 94 percent of the 394 manufacturers contacted.
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/308784/1/.html
Because this is not an attractive counters for both BBs and speculators.
Manufacturing counters need very good financial numbers to support its price.
So retailers are cashing out and BBs are waiting for more clear direction before entry.
Just look at Jurtech, Hi-P, Beyonics etc and you will see the trend.
Sell down, Sell down and Sell down... what's happening~!~!
Everyday since its IPO it has been going down...is it because of the market condition or is there just something wrong with this counter?
Today closed at 0.305ct (-0.035ct), 2nd day traded Volume: 4,340 lots.
Ref to date 29-10-07. (teeth53) on vol traded by Rokko.
hahaha...a bit more then will hit the IPO price liao...hahahaha...
What Happening why keep dropping....
It 1st trading day result is.....opened0.38ct
Closed on supportive note: $0.34 cents. Vol: 26,437 lots is not that much to encourage trading.
| Rokko | 0.340 | Vol: 26,437 | IPO offer: 0.250 | +36.00% |