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Rotary Engg

Rotary

I would not know who are buying , if u cannot win them , then join them .

focus74 ( Date: 25-Aug-2009 15:14) Posted:

How do we find out which funds are buying into Rotary?

The spikeup in volume is tremendous ... I'm wondering whether it is funds buying into the company

Rotary has come back very fast from negative territory with good volume .

Bintang ( Date: 25-Aug-2009 10:16) Posted:

Rotary has pulled back today to $1.20 which is the previous break-out point of the flag formation , the immidiately correction after yesterday surging is healthy n acceptable . After this correction , it may move up again to the next target price at $1.41 .

Bintang ( Date: 24-Aug-2009 16:47) Posted:

Because of the breaking out of the flag formation with huge volume , to achieve the upside target at $1.41 may be possiible , any retreat to the support at $1.19 is again a great buying opportunity

Rotary has pulled back today to $1.20 which is the previous break-out point of the flag formation , the immidiately correction after yesterday surging is healthy n acceptable . After this correction , it may move up again to the next target price at $1.41 .

Bintang ( Date: 24-Aug-2009 16:47) Posted:

Because of the breaking out of the flag formation with huge volume , to achieve the upside target at $1.41 may be possiible , any retreat to the support at $1.19 is again a great buying opportunity .

Bintang ( Date: 14-Aug-2009 19:07) Posted:

Rotary has pulled back today after breaking out of the small flag formation , this is essential n needed in an uptrend movement . By checking the weekly chart , there is a gap at $1.41 is not filled yet

Wow up so much...

I thk i'm too late to go on board liao.

Cheers.

CIMB has given the target at $1.39

Below analyst report from CIMB today, looks like there's still lots of $$ to make but beware, profit taking tmr.

Rotary Engineering
Company update - In the company of giants - by Lawrence Lye
(RTRY SP / ROTE.SI, OUTPERFORM - Maintained, S$0.86 - Tgt. S$1.39, Oil Equipment and Services)

The recent award of a US$745m Jubail export refinery tank farm contract to Rotary has catapulted it into the big league. This is the largest single contract won by any Singapore private-sector company. Rotary now stands in the company of global EPC players. Our earlier gross margin assumptions were too conservative, given the volume of overseas contracts. Also, Rotary has the only fabrication facility in Jubail, which should give it a monopoly over fabrication work during the development of the refinery. Maintain Outperform. Our target price has been raised to S$1.39 from S$0.90, following our earnings upgrade of 24.5-66.3% for FY09-11, to factor in higher revenue and margin assumptions. Our target price remains based on 11x CY10 P/E, its 5-year average P/E. Rotary's CY10 P/E stands at 6.8x, still at a steep discount to regional peers.

Because of the breaking out of the flag formation with huge volume , to achieve the upside target at $1.41 may be possiible , any retreat to the support at $1.19 is again a great buying opportunity .

Bintang ( Date: 14-Aug-2009 19:07) Posted:

Rotary has pulled back today after breaking out of the small flag formation , this is essential n needed in an uptrend movement . By checking the weekly chart , there is a gap at $1.41 is not filled yet .

Bintang ( Date: 13-Aug-2009 19:48) Posted:

Hi tea444u , today Rotary has formed a small flag formation n broke out , it might go all the way to reach the 2 targets given to u earlier , because by measurement , the final target would be $1.51

1.41 1.41 1.41 coming,....this counter now chionging,...

Bintang ( Date: 24-Aug-2009 15:55) Posted:

Rotary has covered the gap at $1.25 already , the next gap will be at $1.41

Rotary has reached new high of 1.27. Hope Bintang's comment come true.

Bintang ( Date: 24-Aug-2009 15:55) Posted:

Rotary has covered the gap at $1.25 already , the next gap will be at $1.41

Rotary today surged to new high at $1.23 , with the large volume done , it may up move to fill the gap at $1.25 n $1,41 which were created during last bull run .

Bintang ( Date: 17-Aug-2009 11:30) Posted:

Despite the market weakness , Rotary is still holding very firm with 2 cents gain at $1.16 , with the healthy volume traded , it may go up to test the $ 1.19 new high . The support now is at $1.13 .

Rotary has pulled back today after breaking out of the small flag formation , this is essential n needed in an uptrend movement . By checking the weekly chart , there is a gap at $1.41 is not filled yet .

Bintang ( Date: 13-Aug-2009 19:48) Posted:

Hi tea444u , today Rotary has formed a small flag formation n broke out , it might go all the way to reach the 2 targets given to u earlier , because by measurement , the final target would be $1.51 .

Bintang ( Date: 04-Aug-2009 07:04) Posted:

For Rotary is $1.25 n later $1.44 , for Falcon is 85.5 cents

thanks mr bintang..will lookout for that price.

Hi tea444u , u can buy when others take profits n price stabilize .

tea444u ( Date: 13-Aug-2009 21:52) Posted:

I will.Thank you for these words. I will buy back as much as i can and then completely leave the pc.

Dear tea444u , not to be sad , everyone makes mistake , but u must learn from your mistake . If u still believe in TA n FA of Rotary , buy back as much as u could at the first min of the market opens tomorrow .Then do nothing till the target achieved .

tea444u ( Date: 13-Aug-2009 20:50) Posted:

Dear Mr Bintang...

I am so disappointed with myself. i sold off at 1.11.

really sad.I had some resons to do so.But have not bought in again. Wondering if it is too late for me to pick some? really i am ashamed of my weakness..i dont think i am made for investing. I still have falcon and kep corp . Smiley

This company has got good foresight in setting a technical manpower training institute in China to cater to its Billion dollar projects worldwide. It is now in a big league and touching $1.50 will be a breeze.

Bintang ( Date: 13-Aug-2009 19:48) Posted:

Hi tea444u , today Rotary has formed a small flag formation n broke out , it might go all the way to reach the 2 targets given to u earlier , because by measurement , the final target would be $1.51 .

Bintang ( Date: 04-Aug-2009 07:04) Posted:

For Rotary is $1.25 n later $1.44 , for Falcon is 85.5 cents

Hi tea444u , today Rotary has formed a small flag formation n broke out , it might go all the way to reach the 2 targets given to u earlier , because by measurement , the final target would be $1.51 .

Bintang ( Date: 04-Aug-2009 07:04) Posted:

For Rotary is $1.25 n later $1.44 , for Falcon is 85.5 cents .

tea444u ( Date: 04-Aug-2009 01:23) Posted:

Hi anyone here can give a minimum target price for Rotary and Falcon Energy...? thank you

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