Rotary Engineering Limited *Official* (SGX: R07)

[kuang89]

I just bought my first shares!! 30 lots of rotary engineering. I think the company is steady though.

Any comments from pros?

 

[kuang89]

they secured a $25 mil job a few weeks back

 

[wahkao3]

full of ABNNNNNN

 

[coey]

Can share your reason buying this stock ?

 

[Shion]

full of ABNNNNNN

So what ??????

 

[Maeda_Toshiie]

full of ABNNNNNN

Like Jacobs Engineering. One come and become manager, the rest of the clan come in to fill up...

 

[wahkao3]

Like Jacobs Engineering. One come and become manager, the rest of the clan come in to fill up...

jacobs engineering, foster wheeler full of **** also

 

[storm913]

jacobs engineering, foster wheeler full of **** also

**** will cause what ah? Curious

 

[neolaw]

I don't like their financials so much.

Plus, their industry. I don't understand their industry.

Will you tell me more about their industry? So that I can understand why their financials are that way.

 

[wahkao3]

**** will cause what ah? Curious

NS for sinkies, jobs for **** FT

 

[wahkao3]

I don't like their financials so much.

Plus, their industry. I don't understand their industry.

Will you tell me more about their industry? So that I can understand why their financials are that way.

which part of their financials no good?


they are an EPC like Jacobs and Foster Wheeler
They heavily depend on oil major plant expansion

 

[Maeda_Toshiie]

which part of their financials no good?


they are an EPC like Jacobs and Foster Wheeler
They heavily depend on oil major plant expansion

I not willing to touching EPC even during boom times (let alone now). Foster Wheeler nearly went bankrupt once when they messed up their contract bidding.

Anyway, the EPC scene is rather uneven now with some getting contracts while others are retrenching. Either way I'm not touching.

 

[wahkao3]

I not willing to touching EPC even during boom times (let alone now). Foster Wheeler nearly went bankrupt once when they messed up their contract bidding.

Anyway, the EPC scene is rather uneven now with some getting contracts while others are retrenching. Either way I'm not touching.

it's precisely because of the instability , prices are cheap, it provides a good opportunity to pick up cheap shares

 

[henrylbh]

Any chance of getting it for 50c?

 

[focus1974]

it's a cyclical counter ..
you have to buy and sell it ..
i have done two times...
bought at $0.50 sell at $1
bought at $0.50 sell at $0.75

there seems to be a support at $0.50 most of the time if you look at it since 2009.

So now at $0.50ish.. you can buy and hold for another half a year (or more..nobody knows but will have chance to go up for sure) and then sell at $0.75. To sell at $1.. i think you really need very very high oil prices and a lot of book order coming in.

 

[kuang89]

reason for buying now, because it was trading 0.52 which is near its 52 weeks low. 2ndly, i feel its finances are good, stable. At this price, if it drops further, we buy more, if it raises up to a good level, sell away to recover principle amount vested + inflation, then wait for it to drop again n invest abit more.

its order books not 100% relies on oil prices as plants always needs to be worked and when price is good, some people will want to store more to sell, when price is bad, ppl also want to keep oil to wait for price to go back.

i don't know much about its industry, but i feel that i rather buy these than those who puts their financial statements in SGX in CNY currency
very illogical but I cringe abit when I see anything not SGD or USD on the financials in SGX web

 

[kuang89]

i'm very new at investing..so i was hoping some ppl might share some views, then perhaps i can learn from there..

 

[winorlose]

paging Wk^3 shifu,

What do u think of Rotary Eng? Can compare to PEC?

Buy liao will huat?

How come all the micro O&G stocks can huat.. Rotary boh huat?

 

[Android user]

paging Wk^3 shifu,

What do u think of Rotary Eng? Can compare to PEC?

Buy liao will huat?

How come all the micro O&G stocks can huat.. Rotary boh huat?

BTP

Sent from Xiaomi REDMI NOTE 3 using GAGT

 

[winorlose]

BTP

Sent from Xiaomi REDMI NOTE 3 using GAGT

what is BTP? BMT i know

BTP is what