Post Reply
221-240 of 479
Bon3260 ( Date: 09-Apr-2010 14:54) Posted:
|
Ozone2002,
U think I any how said 1 huh?
('',)
Bon3260 ( Date: 17-Mar-2010 22:45) Posted:
|
| Company Name | Type | Expiry Date | Record Date | Date Paid/Payable | Particulars |
|---|---|---|---|---|---|
| ROTARY ENGINEERING LIMITED | DIVIDEND | 23 Apr 2010 | 27 Apr 2010 | 12 May 2010 | SGD 0.038 ONE-TIER TAX |
What u guys think is a good tp to sell for profit. $1.2? $1.3? $1.5?
i just have a sense that market should correct in this 1-3mths time. :)
B4 the waves come, it is always quiet n calm.
action come any time from now ; see how swiber moving?
My 6senses is on this baby, PATIENCE
i wonder why i got 2 bad posts for predicting the trend correctly?
ozone2002 ( Date: 29-Mar-2010 09:40) Posted:
|
BTW, as reported Target price of $1.66 as fair value
To Add, a mass project in UAE (Yanbu Refinery) will be a great contribution to rotary share price if they win contracts.
Tender result of above mentioned project (base on adviser info) will be out on 10 may 2010.
If they manage to secure good projects, believe price will reflect b4 proper announcement.
$1.66 target price + Yanbu projects (if secure) = WOW!!!
With STI moving towards new high; as some finance adviser expect (around 3200 to 3300)
Oil and Gas sector or related industry; ROTARY will be a hidden gem to glow!
Rotary Engineering - Potential for upside surprises
Maintain Outperform; potential for upside surprises.
Rotary, thanks to a strong order book, steady execution and good cost management. We
refine our order-book recognition schedule and order-win assumptions. Our EPS
estimate for FY12 has been adjusted by -26% as we exclude any Yanbu contributions, to
be conservative. Our FY10-11 EPS estimates are intact. Our target price of S$1.66 is
also unchanged, still based on 11x CY11 P/E (5-year average). Rotary was recently
included in our top-10 picks for the Singapore market. We like it for its attractive
valuations against peers, strong earnings visibility and sustainable margins. We see
stock catalysts from stronger-than-expected margins and further order wins.
FY09 was a record year forMiddle East heat, ASEAN hots up too.
oil & gas downstream industry has reawakened. The US$10bn Yanbu refinery project in
Saudi Arabia is in the tendering process and contract announcements are expected in
May 10. While management has tried to downplay a potential S$1bn Yanbu win, we are
hopeful that Rotary can secure the project. If we include the Yanbu win, upside for our
EPS estimates for FY11-12 is 6-28%.
We reiterate that the Middle East and ASEANStrong earnings visibility on the back of S$1.3bn order book.
37% yoy increases in earnings for FY10-11 respectively. Around 80% and 60% of our
FY10 and FY11 earnings estimates are backed by secured orders.
We project 16% andUndemanding valuations.
trading at 7x CY11 P/E, below its 5-year mean of 11x.
My friend smsed me dat he bot 1.10 & cut loss 1.07 today. : (
Humans r always like dat... BBs made u scared, u fear & juz thrown blindly... : (
Bon3260 ( Date: 17-Mar-2010 22:45) Posted:
|
Yup, consolidation $1.01 to $1.03 is done for a while, volume pick up with price push up to $1.08
A healthy breakout sign; charging up postively. (unless overall market fall; should see further upside)
Chiong and Chiong
Have faith in rotary, sound fundamental with strong order book, this will grow with funds.
Heathly dividend and sound consolidation, believe any good news annouce will trigger price surge!
Remember general anaylists comment for this GEM is around S$1.44 fair value.
Possible loh, cheers.
Rotary cheong ah.....................