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Break 52 weeks high with volume
MACD indicator bullish.
Vested. Believe that ther is potential upside!
Noticed not much posting on Rotary from this forum... not much supporter .... However, personally I think this is a good stock to buy due to many projects on hand. Compare price with Tiong Woon and Hiap Seng, this counter has more jobs than the 2... Half yearly result coming out soon... Read a lot of posting from "shareinvestor forum" these 3 days... something is coming up??? anyone got any view on this stock???? Cos last week before Federal cheong, "shareinvestor forum" also had more posting than usual....
This one going to CHEONG like Federal soon!!!! BUY!!!!!!
looks like downside is limted.. today movement thou is disappointing but neverthless is a good sign..
look like tml may drop further to 1.26.
Think not buying today already.
Me too...
waiting to buy low next week to make some kopi.
waiting at 127... :)
Might recover next week, today stocks are generally down due to banking sector selloff.
after getting the contracts why is it moving down.--confussed
Rotary Engineering Limited - Wins three contracts
Yeo Sue En, 21 Jun 2007
Rotary Engineering Limited has secured three contracts worth S$150 mln for projects in Singapore and Indonesia.
The first two contracts are from Shell Eastern Petroleum.
It will provide piping and installation for its plant on Jurong Island worth S$52 mln to be completed by March 2009.
While the other contract worth S$24 mln is for construction and engineering works for its Ethylene Catalytic Cracker Unit to be built on Bukom Island due for completion by 3Q 2008.
Rotary's third contract hails from PT. Oiltanking Merak worth S$74 mln.
It will help build a storage tank terminal in Merak, Indonesia due for completion by October 2008.
Yeo Sue En, 21 Jun 2007
Rotary Engineering Limited has secured three contracts worth S$150 mln for projects in Singapore and Indonesia.
The first two contracts are from Shell Eastern Petroleum.
It will provide piping and installation for its plant on Jurong Island worth S$52 mln to be completed by March 2009.
While the other contract worth S$24 mln is for construction and engineering works for its Ethylene Catalytic Cracker Unit to be built on Bukom Island due for completion by 3Q 2008.
Rotary's third contract hails from PT. Oiltanking Merak worth S$74 mln.
It will help build a storage tank terminal in Merak, Indonesia due for completion by October 2008.
with projects worth more than 1billion... this stock future is superb
ROTARY secures S$150m worth of contracts.
http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/474fd4b0d3deb076482573010037b585?OpenDocument
Trending up steadily since 90cts becos of this delayed project in competition, finally contracts won, muz be the fund mgrs unloading time
buy on dip. now consolidating. can try to enter ard 1.24
This counter is into constrution, specialised engineering and oil play.
need i say more? 3 of its industries are IN with construction booming and oil price rising plus it is one of the few specialist builder in its industries..
JV in middle east and china..
great future planning in developing its own talent with its own school..
let me ask u, if the mgmt cant see the bright growth and great needs in demands.. would it spend money to setup school ?
now areadi got ppl dare dare say this is a $3 stocks! i thought i am daring to say this is $2 counter..
Still vested with CPF. BULL!.
So many good stocks to buy now... need so much money to be available...
Perhaps brother Hulumas can give us some tips... hehe... :)
y $2? jv in china n middle east concurrently..
load this counter while u can. may break out soon. $2 stocks potential