
hopefully the price can push above $0.3 soon!
Advanced Holdings, the global supplier of proprietary process equipment and technologies, clean energy solutions and environmental technologies, today announced that it has clinched new oil & gas contracts worth $12.1 million. All these projects are expected to be completed and delivered in 2011. The projects include design and fabrication of shell and tube heat exchangers in Vietnam as well as fabrication of marine risers to be used by offshore oil rig companies.
Advanced Holdings, the supplier of proprietary process equipment and technologies, clean energy solutions and environmental technologies, today reported revenue of $18.8 million for the third quarter ended 30 September 2010 (3Q2010), representing a 3.3% increase as compared to the same period last year (3Q2009), and earnings of $1.4 million for the latest quarter. Despite higher cost outlays, the group recorded a marginally higher gross profit margin of 31.2% in 3Q2010. Managing Director Dr Wong Kar King says, “We are heartened by the improvement in our latest order book. We recently clinched four new contracts amounting to some $11 million in China and the Middle East, signifying renewed momentum in terms of demand. In addition, our opportune acquisition of both ATAC1 and AEPL2 earlier this year will enable the Group to capture a bigger slice of the market in the Oil and Gas as well as Petrochemicals and Chemicals business segments. Going forward, we will focus on further integrating our Group and improving our performance.”
expecting more good news to come....
heavy buying at 27.5 is good news.....getting nearer to my target...
alot buying @ 0.275 today but still long way from the price i enter @ 0.36 zzz
Is holiday time and sleeping like a bear in hibernation stage !
adobepie ( Date: 02-Nov-2010 22:39) Posted:
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ho sai leow....will cheque to unload at 30cts...
with these kind of volume trades, it's not likely to hit > 30cts
Im looking at $0.35 instead :)
musical chairs moving....i m waiting to unload at 30cts...
What positive news?
positive news coming....load more 40cts target
Hope there will be some movement going on for this week
Moving towards $0.30 soon :)
Let's hope this counter will shoot up during the upcoming penny stock rally.
Everybody huat ah!
Strong fundamental, cash rich, no bank loan, profitable company with good dividend yeilds but not moving at all?
Most counters are moving way ahead and this counter is still sleeping soundly?
*Shake head*
This counter really a haggard! From DOW 9900 till now 10600, or STI 2800 till now coming 3100, still $0.255?! What a joke!
Hmm, wonder Advanced Holdings clinched any big contract recently after taking over the company? Hopefully to hear some good news soon.
Very quiet for this counter, wonder when will it move again..
Everyday volume so low, not much buying and selling..
Feel like selling and move on to other counters.