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Latest Forum Topics / Rotary Engg  Post Reply
Rotary
alvios
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29-Jan-2010 10:36     
 
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is it consider cheap now from ur views?

thought of getting some now but market weak until i also weak... hahaha...

or should wait a while first?



dealer0168      ( Date: 22-Jan-2010 11:59) Posted:



Yup...should be out around feb. Waiting fr attractive price to buy more also.........

 

 

 
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marubozu1688
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29-Jan-2010 07:24     
 
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 Alert Admin 		False Breakout! Looks bad!
http://mystocksinvesting.com/singapore-stocks/rotary-engineering/rotary-engineering-false-breakout/
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dealer0168
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22-Jan-2010 11:59     
 
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Yup...should be out around feb. Waiting fr attractive price to buy more also.........

 

 

 
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alvios
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22-Jan-2010 10:46     
 
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is result coming in feb? Time to load a little now. :)
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dealer0168
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18-Jan-2010 21:15     
 
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This baby is slowing down. But once it last qtr result out, we may see it fly........

Cheers
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Bon3260
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15-Jan-2010 18:13     
 
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ACQUISITIONS AND DISPOSALS :: NON-MANDATORY DISCLOSURE :: ACQUISITION OF PROPERTY IN MALAYSIA
* Asterisks denote mandatory information
 
Name of Announcer * ROTARY ENGINEERING LIMITED  
Company Registration No. 198000255E  
Announcement submitted on behalf of ROTARY ENGINEERING LIMITED  
Announcement is submitted with respect to * ROTARY ENGINEERING LIMITED  
Announcement is submitted by * Tan Cher Liang  
Designation * Company Secretary  
Date & Time of Broadcast 15-Jan-2010 17:27:51  
Announcement No. 00058  
 
 
>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...
 
Announcement Title * ACQUISITION OF PROPERTY IN MALAYSIA  
Description The Board of Directors of Rotary Engineering Limited (“Company”) wishes to announce that the Company’s wholly owned subsidiary SINGLOBAL (M) Sdn Bhd (“SINGLOBAL”) has entered into a Sale & Purchase Agreement (“SPA”) with Rotary Mec (M) Sdn Bhd (“Vendor”) to purchase an industrial property in Malaysia with a land area of approximately 669 square metres with existing office/factory/ancillary buildings located at No. 16 Jalan PJS 7/21 Bandar Sunway, 46150 Petaling Jaya, Selangor for the purchase price of Malaysian Ringgit MYR1.2 million (“Consideration”) based on an independent valuation.

The Group intends to utilise the Property for its own use. The Property will be occupied by the Group’s engineering design, procurement and construction businesses in Malaysia carried on via SINGLOBAL.

Ten per cent (10%) of the Consideration was paid as a deposit upon execution of the SPA and the balance 90% will be paid on Completion.

The cost of the above acquisition will be financed by internal funds and is not expected to have any material impact on the Group’s consolidated earnings and net tangible assets per share of the Company in the financial year ended 31 December 2009.

None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the above transactions.

A copy of the SPA will be made available for inspection during normal business hours at the Company's registered office at 17 Tuas Avenue 20, Singapore 638828 for a period of 3 months from the date of this announcement.

By Order of the Board

Tan Cher Liang
Company Secretary

15 January 2010
 
 
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thulasiappan
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13-Jan-2010 22:32     
 
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 Alert Admin 		Thanks Bintang fo your kind information.

Bintang      ( Date: 12-Jan-2010 07:02) Posted:

Hi thulasiappan ,

Rotary certainly goes into uptrend now , RSI is at 80 , ADX is rising while DIs are positively placed , it would first go up to $1.25 to fill a gap there .



thulasiappan      ( Date: 11-Jan-2010 18:30) Posted:



Hi Bintang,

What is your view on Rotary. 

Thanks in advance.


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dealer0168
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13-Jan-2010 21:29     
 
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Sorry typo error, should be:

Message was quote on 11Jan10 12 jan10, 08:35am.



dealer0168      ( Date: 13-Jan-2010 21:26) Posted:

Message was quote on 11 jan10.

why u choose today, 13jan10, to reply than?.

Bc yesterday Rotary form is good

Anyway let see how Rotary move.....................

We can't talk it up or down. N i am no alibaba too

Cheers.



hotokee      ( Date: 13-Jan-2010 16:57) Posted:

You can judge from all my posts on all counters, I no alibaba...
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dealer0168
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13-Jan-2010 21:26     
 
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Message was quote on 11 jan10.

why u choose today, 13jan10, to reply than?.

Bc yesterday Rotary form is good

Anyway let see how Rotary move.....................

We can't talk it up or down. N i am no alibaba too

Cheers.



hotokee      ( Date: 13-Jan-2010 16:57) Posted:

You can judge from all my posts on all counters, I no alibaba...



dealer0168      ( Date: 12-Jan-2010 08:35) Posted:

??? actually don't know what u are talking abt. Sorry fr that. Maybe u can elaborate more.

Emm btw it seems like yr judgement is based on yr trading assumption. Correct me if i am wrong.

Btw if u study into its FA & the contracts it had obtained, u will think differently. Cheers.

 
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hotokee
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13-Jan-2010 16:57     
 
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You can judge from all my posts on all counters, I no alibaba...



dealer0168      ( Date: 12-Jan-2010 08:35) Posted:

??? actually don't know what u are talking abt. Sorry fr that. Maybe u can elaborate more.

Emm btw it seems like yr judgement is based on yr trading assumption. Correct me if i am wrong.

Btw if u study into its FA & the contracts it had obtained, u will think differently. Cheers.

 



hotokee      ( Date: 12-Jan-2010 08:26) Posted:

Be careful if you invest in this one.  It is much more trickier than Swiber.
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alvios
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13-Jan-2010 16:53     
 
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just sold at $1.12 as for pp. :( neve manage to reach $1.2 at all...

will go in this counter if it may be able to hit anywhere $1 - $1.07 range.

cheers. :)
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dealer0168
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12-Jan-2010 08:35     
 
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??? actually don't know what u are talking abt. Sorry fr that. Maybe u can elaborate more.

Emm btw it seems like yr judgement is based on yr trading assumption. Correct me if i am wrong.

Btw if u study into its FA & the contracts it had obtained, u will think differently. Cheers.

 



hotokee      ( Date: 12-Jan-2010 08:26) Posted:

Be careful if you invest in this one.  It is much more trickier than Swiber.
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hotokee
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12-Jan-2010 08:26     
 
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 Alert Admin 		Be careful if you invest in this one.  It is much more trickier than Swiber.
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Bintang
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12-Jan-2010 07:02     
 
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Hi thulasiappan ,

Rotary certainly goes into uptrend now , RSI is at 80 , ADX is rising while DIs are positively placed , it would first go up to $1.25 to fill a gap there .



thulasiappan      ( Date: 11-Jan-2010 18:30) Posted:



Hi Bintang,

What is your view on Rotary. 

Thanks in advance.

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daphnecsf
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12-Jan-2010 00:50     
 
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Oh yes! Rotary just breakout initial resistance of $1.16! More upside coming

As per ocbc's TA, Initial resistance at $1.16. On the upside, we peg the initial resistance
at $1.16 (support-turned resistance), breaking which, we see the subsequent resistance
at $1.30 (key support-turned-resistance)."

: )
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daphnecsf
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12-Jan-2010 00:42     
 
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Oh yes! Rotary just breakout initial resistance of $1.16! More upside coming.

http://www.ocbcresearch.com/Article.aspx?type=technical_analysis&id=20100105084402_68344
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thulasiappan
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11-Jan-2010 18:30     
 
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Hi Bintang,

What is your view on Rotary. 

Thanks in advance.
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dealer0168
Elite
11-Jan-2010 15:42     
 
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Speed up abit liao. Cheers.
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alexmay
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11-Jan-2010 15:24     
 
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 Alert Admin 		Rotary now rotating!!!!
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dealer0168
Elite
08-Jan-2010 20:58     
 
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Btw, should be BUY b4 it run............

CHEERS



dealer0168      ( Date: 08-Jan-2010 20:57) Posted:

The upcoming qtr Rotary will give good results based on its last year obtained contract. Some contracts is already running................. WATCH OUT b4 it run.
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