Rotary Engg   

Worth taking a look

Beautiful chart formation....

MACD cuts into positive, almost a cup and handle formation....

Vested some on friday and more upon breakout of 1.42 :)

 

Still holding for nearly a year with CPF despite market crashes.

 

this conuter is under value, will move higher.

 

Reaching record close. Well done !!!

 

Chairman Chia Kim Piow, who founded the company in 1972, said
Rotary has tendered for several contracts totalling S$200 million
to S$300 million for Exxon Mobil's "Singapore Parallel Train"
(SPT) project at city-state's petrochemical hub of Jurong Island.
"We have a very good chance of winning most of the SPT
projects we have tendered for,"

 

Good Luck for those who still holding on ...  Cheers

 

Lots of project....

Good stock... hold all the way....UpUp

 

 

Aiyoh... how to 'cheong' with both hands full????????? Rotary have to secure more projects at home and abroad. They're slowly into the Middle East and with their past proven track records, I'm sure they're able to secure more projects. The biggest problem is 'how to find more experienced hands' to come onboard their teams. Understand that they're starting a training college in Middle East.  Cheers!

 

Rotory's both hands full of projects. waiting it to cheong soon.

 

No news/annoucement from Rotary about the contract in ExxonMobil facility in Jurong Island yet. Anyone one any comments ?

 

CIMB,KE & OCBC "BUY" call on this stock.

More good news to be annouce. Is time to keep moving up .. 

 

Cheers !!!!!

 

No doubt a good stock

DJ MARKET TALK: Rotary Engine May Land ExxonMobil Deals - CIMB (2007/09/03 16:26PM)

0826 GMT [Dow Jones] STOCK CALL: Rotary Engineering (R07.SG) likely to land contracts for ExxonMobil''s multibillion dollar Singapore Parallel Train project on Jurong Island, says CIMB; "Rotary is almost certain to be awarded contracts, given its track record in the local EPCC (engineering, procurement, construction & commissioning) industry." Jurong Island project is Exxon''s second petrochemical complex in Singapore, estimated to cost US$4 billion; comprises steam cracker, series of downstream plants. Rotary has submitted S$200 million bid to build steam cracker. CIMB keeps Outperform call, S$1.68 target. Stock +4% at S$1.31. (FKH)

 

Still holding all the way.....

 

The decline in this counter is probably overdone. Should see some bargin hunting and move back to 1.35 - 1.40 level given the strong book order in hand..Cheers!

 

yeh, good dividend yields,secure many large projects on hand, vested n still hold firm. cheers. 

 

Rotary has secured a big pie in Shell oil refinery business in Jurong Island With Exon Mobil coming into the picture, Rotary will bag few more contracts..reckon current contract on hand is worth S700 million...From the edge article that Kim Eng has a TP of 1.57...CheerS!

 

Yes... perfectly true... :)

But how would one know which one is a winning stock in the first place?

It is always only after the event that we feel either regretful, lucky, or clever.  ..

 

yah learn a valuable lesson, never sell a winning stocks..

 

Surprised to see it at this price now. Never sold a single share and still holding....

 

Bought at 1.13 and sold at 1.35 during last correction.

Kim Eng - target price is 1.57.

Believe it will trade >1.57

 

1.6 min target.. sold at 1.27 during last correction. however no funds to renter  at 0.13 but just sold my jade. will enter tomolo..