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terencefok
    04-Jul-2007 09:44  
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holding steady at 0.15
 
 
1234567
    03-Jul-2007 23:11  
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ChinChye, not too sure if this is what you want ?

http://info.sgx.com/listprosp.nsf/rev%20new%20ar%20by%20company?OpenView&Start=1&Count=30&Expand=27&RestrictToCategory=M#27

METAL COMPONENT ENGINEERING LTD
31 Dec 2006 ANNUAL REPORT 2006
31 Dec 2005 ANNUAL REPORT 2005


 
 
 
ChinChye
    03-Jul-2007 22:52  
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Hmm.. any idea where we can get the Financial Statement for past yrs??

Company website dont have, SGX dont have, shareinvestor dont have... wa.. where can i find??

I wanna learn how to see hidden profits.... appreciate ur help.. thks.

Cheers,

Anything. Smiley
 

 
terencefok
    03-Jul-2007 17:41  
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As expected, price has started moving. Still not too late to hop onto this boat. It will soon move to $0.20
 
 
hahalol
    03-Jul-2007 10:47  
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still can buy at 15.5 cents?

 
 
 
terencefok
    03-Jul-2007 08:53  
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That means stock has been cornered. You may want to ask Vic for more info.
 

 
1234567
    03-Jul-2007 08:46  
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Hi terencefok, sorry for my ignorance. What is free float negative ?
 
 
terencefok
    03-Jul-2007 07:38  
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As I have mentioned in my first post and also like what Vic said, the losses are not from operations, rather they are non-operational items. The important thing is the operating cash flows must be positive for the company to survive.

Anyway, just keep a lookout for this. It will move soon. And also the Directors increased their stake yesterday. Signal of their confidence.
 
 
ChinChye
    03-Jul-2007 00:13  
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Hi Terencefok,

I saw from shareinvestor that Temasek Holding selling off 679 lots on 28 Jun 07. And the ROE is negative... for 05 and 06.. appreciate if you can enlightened me.. thks..

Cheers,

Anything. Smiley
 
 
terencefok
    02-Jul-2007 21:32  
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Give you guys a little clue. Married deal of 5 million shares today at 13 cents each. Seller is MMI Holdings Ltd and buyers are Directors of Metal Components. Hope this helps.
 

 
terencefok
    02-Jul-2007 19:31  
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This stock is going to move soon...keep a look out
 
 
terencefok
    02-Jul-2007 17:10  
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Here is a stock that has been neglected by the market.



 

Metal Component Engineering is indeed in the red, but take a real good look at its cash flows for the past 2 years?positive, $0.72 million in 2005 and $3 million in 2006. NTA is currently at $0.13 so it?s a bargain. Its obvious that the losses are non-operation items.



 

Stock is cornered, free float negative 16,729,702 as at last Friday. Do take a look at this stock.



 

Vested.

 
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