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Rotary Engg   

Impending Breakout

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jasonongsc
    13-Feb-2008 23:13  
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agree, fundamentally good stock
 
 
ten4one
    13-Feb-2008 13:32  
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Hi limhpp, not bad is an understatement - it is fantastic! Rotary had been delivering very good results and dividends. I can't see why not this year with their strong projects-in-hand. Cheers!
 
 
limhpp
    13-Feb-2008 11:08  
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Yes! Just to share with you on the dividends payout for the past two years

Ex-Date      Payable Date    Amount
2007-08-16 2007-09-03    SGD 0.023
2007-04-27 2007-05-14   SGD 0.031
2006-12-19 2007-01-31   SGD 0.100
2006-05-03 2006-05-19   SGD 0.010


Not bad right?

Cheers! Smiley

 
 

 
jasonrxz
    13-Feb-2008 10:47  
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Agreed and vested @ 0.955 just now... hope it can really chiong or dreep slowly....... let's wait for it to happen ok?

 

cheers  Smiley
 
 
limhpp
    13-Feb-2008 10:29  
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This counter is not only technically good now, it is also fundamentally sound.

Smiley

Congrat for those who are vested. Cheers! SmileySmileySmiley
 
 
cyjjerry85
    13-Feb-2008 10:25  
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i have been monitoring it too...technically...it looks good...when it breaks and closes above $0.98...can hope for a better upswing...however the curb may be at the 200MA line and below $1.09 resistance...
 

 
Gallen
    13-Feb-2008 10:15  
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nobody interested? :rolleyes:

steadily creeping upwards
 
 
Gallen
    13-Feb-2008 09:02  
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93 cents taken out.....onwards to $1.03.....CHEONG AH!!!!!!! :approve:
 
 
Gallen
    13-Feb-2008 08:53  
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This has been a neglected counter that is slowly creeping up and is now on the verge on a breakout from an ascending triangle pattern (resistance at 93 cents) with technical target of at least $1.03.

Technicals looking very bullish at the moment.

Fundamentally, Rotary should be trading at roughly 10x FY07 P/E and this is expected to decline to around 8X FY08 P/E which is back near its historical low P/E trading range.

With Jurong Island developments and potential Middle East contract wins, this one will rerate strongly :approve:

Don't Miss It!
[B][SIZE="3"]GRAB IT BEFORE IT SMASHES THE 93 CENTS RESISTANCE LIKE TOFU![/SIZE][/B] :wave:
 
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