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Mun Siong Engineering posts lower 1Q net profit of $1.17m with delay of project
Mun Siong Engineering reported a 8.7% rise in revenue for the first quarter of FY2011, ended 30th March 2011 (1QFY2011Q) to $15.22 million from $14 million in 1QFY2010. But net profit before tax fell to $1.17 million from $2.5 million mainly due to the increase in manpower in preparation for a project which has been delayed, says the integrated mechanical engineering, electrical and instrumentation service provider.
/theedge///
========================================================================It is time to diversify your portfolio or recover your losses in stock.
To reach financially freedom, you need to invest.
Invest in land and get a double return in 4 to 5 years.
It is just about 75 lots of Mun Siong for 1 unit of land.
Where?
http://www.youtube.com/watch?v=kMOvjDJeOuQ
How?
Message(Contact) me here for details.
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3F1A0FB43E8125654825787E003CD242/$file/MSE-20110426-News-Rel-JV_Saudi.pdf?openelement
The purpose of the JVC is to seek opportunities to carry out plant operations and maintenance services for mechanical, electrical and instrumentation requirements to oil and gas, petro-chemical and other industries in the Kingdom of Saudi Arabia and other Gulf Cooperation Council Countries.
Is this a good news???
Why release announcement before XD? Scare drop on XD ah?
Naughty :)
Anyone load this?
I blur blur load Mum Shoik today at 0.195 because of CD!!
Wish me luck(or become duck liao). Anyway i think this counter not bad.
The most i buy and hold till i really shoik lor.
Cheers! :)
Thank you for the compliment.
Timing, research, charting and a bit of luck.
Mun Siong and Dyna Mac are my current holdings. Just started loading Mun Siong today and still holding Dyna Mac @below $0.38.
I merely want to share my views on potential stocks with others.
tea444u ( Date: 06-Apr-2011 23:11) Posted:
| seems to me you are a value investor? you are the sort picking stocks real early ... the one who will be making way ahead of others like myself when we are just thinking of buying ... |
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seems to me you are a value investor? you are the sort picking stocks real early ... the one who will be making way ahead of others like myself when we are just thinking of buying ...
I am loading Mun Siong in anticipation for the next wave as what I have done for Dyna-Mac.
I have posted a forum at channelnewsasia about Dyna-Mac, nobody was interested . But Now, it is a different story.
I think Mun Siong should do well as it is in the oil & gas industries.
tea444u ( Date: 06-Apr-2011 15:00) Posted:
| really ah? been watching this stock too ...px no move. |
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really ah? been watching this stock too ...px no move.
Time to load up chtan5751 ( Date: 01-Apr-2011 17:13) Posted:
| see Mun Siong volume break more than 12k. buy 200 lots today, hope good news will announce. any comments. |
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see Mun Siong volume break more than 12k. buy 200 lots today, hope good news will announce. any comments.
