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edwinjup Supreme	26-May-2014 19:15        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nice...waiting for my Kopi from CEO ....hope can drink within this week...lol sheerluck      ( Date: 26-May-2014 17:29) Posted: CEO and ID has been collecting for the past two weeks liao.   Can' t say it is a bad thing.
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sheerluck Supreme	26-May-2014 17:29        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	CEO and ID has been collecting for the past two weeks liao.   Can' t say it is a bad thing.
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Peterngchinheng Senior	21-May-2014 22:13        Peterngchinheng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today reached bottom price for one year..... 26cent sheerluck      ( Date: 21-May-2014 22:08) Posted: I believe they are tendering their bid for a project  similar to the FPSO decommissioning which they devliverd within 3-4months previously.   Good revenue.   If they remain profitable by H1, they are likely to give out dividend.   It will be a token of thanks to shareholders ie don' t expect much of course that is unless thye turn in a huge profit.   HAUT HA HA! DYDD.  Peterngchinheng      ( Date: 21-May-2014 21:47) Posted: Today volumn look like higher, if compare last few days..... Is that any good news will announce
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sheerluck Supreme	21-May-2014 22:08        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	I believe they are tendering their bid for a project  similar to the FPSO decommissioning which they devliverd within 3-4months previously.   Good revenue.   If they remain profitable by H1, they are likely to give out dividend.   It will be a token of thanks to shareholders ie don' t expect much of course that is unless thye turn in a huge profit.   HAUT HA HA! DYDD.  Peterngchinheng      ( Date: 21-May-2014 21:47) Posted: Today volumn look like higher, if compare last few days..... Is that any good news will announce? sheerluck      ( Date: 21-May-2014 17:01) Posted: Didn' t managed to grab any IEV today. Missed!
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Peterngchinheng Senior	21-May-2014 21:47        Peterngchinheng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today volumn look like higher, if compare last few days..... Is that any good news will announce? sheerluck      ( Date: 21-May-2014 17:01) Posted: Didn' t managed to grab any IEV today. Missed!
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sheerluck Supreme	21-May-2014 17:01        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Didn' t managed to grab any IEV today. Missed!
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sheerluck Supreme	20-May-2014 17:57        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	That alone is not sustainable.   I much prefer to see them do a good job their turnkey projects way above water and turnkey' s GM increases.   20% GM will be great.  They mentioned that they are invited to quote for another turnkey.   Hope to see some annoucements soon. edwinjup      ( Date: 20-May-2014 17:40) Posted: The directors should buy all the ways up to 35c as only 410lots in q only...very small issues stock....cheers RoundRound      ( Date: 20-May-2014 17:30) Posted: 2 Directors, one major shareholder and the other minority, have been buying up the share at between 27.5c to 28c over the last few days
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edwinjup Supreme	20-May-2014 17:40        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	The directors should buy all the ways up to 35c as only 410lots in q only...very small issues stock....cheers RoundRound      ( Date: 20-May-2014 17:30) Posted: 2 Directors, one major shareholder and the other minority, have been buying up the share at between 27.5c to 28c over the last few days. edwinjup      ( Date: 20-May-2014 17:21) Posted: Just announce...directors carry his.buy back...
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RoundRound Elite	20-May-2014 17:30        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	2 Directors, one major shareholder and the other minority, have been buying up the share at between 27.5c to 28c over the last few days. edwinjup      ( Date: 20-May-2014 17:21) Posted: Just announce...directors carry his.buy back.... sheerluck      ( Date: 20-May-2014 16:56) Posted: Quite a huge drop today.   Think is good to collect some.
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edwinjup Supreme	20-May-2014 17:21        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just announce...directors carry his.buy back.... sheerluck      ( Date: 20-May-2014 16:56) Posted: Quite a huge drop today.   Think is good to collect some.   edwinjup      ( Date: 20-May-2014 16:38) Posted: Tikam some today at 265 after locked in profit for figtree...
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sheerluck Supreme	20-May-2014 16:56        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Quite a huge drop today.   Think is good to collect some.   edwinjup      ( Date: 20-May-2014 16:38) Posted: Tikam some today at 265 after locked in profit for figtree...
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edwinjup Supreme	20-May-2014 16:38        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tikam some today at 265 after locked in profit for figtree...
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sheerluck Supreme	12-May-2014 15:23        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Correction: Drop in GM for MNG is a surprise.   Reason being due to the change in business model.   A pity because maintaining the usual 30+% GM would have given it a PE of 11X based on the price of 26.5/27cts.   Now the PE is 15x. DYDD.    sheerluck      ( Date: 12-May-2014 10:46) Posted: IEV turned in a respectable Q1 results. GM for integrated engineering solution remained   stable at 39% GM for turnkey is 6.3% suggesting that their ERM is guiding their turnkey projects well.   Personally I was expecting a GM of 10% which would have increased their profit by about 75%.   However, given that last FY GM for turnkey is -18% I have to say well done IEV!  GM for MNG halved from their usual 30+% to 14%   due to change from combination of throughput and direct sales to direct sales of CNG only. The following from para 10 of the announcement is encouraging: The Group has completed its maiden USD 15 million FPSO decommissioning project in Malaysia in April 2014 and recently received invitation to quote for a similar contract in Malaysia. The Group has also been awarded contracts to inspect mooring systems of two FPSOs in the region. The Group is expecting a rise in demand for higher standards of safety and therefore this new service is expected to increase in the future. With the successful delivery of this turnkey another similar project will be a win situation for IEV.   If they can further improve their operation and with the guidance from the ERM, a higher GM can be expected. IEV is stepping up effort to distribute its proprietary ocean-powered marine growth control solutions with good GM of around 40%.   They are also planning to expand the CNG supply chain and exploring LNG supply chain. Drop in GM for MNG is a surprise.   Reason being due to the change in business model.   A pity because maintaining the usual 30+% GM would have given it a PE of 1X based on the price of 26.5/27cts.   Now the PE is 15x. This year they have one major capex: the KSO E& P.   This one is risky.   They either find oil () or they find soil(). All-in-all, an encouraging set of Q1 results with positive developments.   Now looking forwards to Q2 results for confirmation of a continuing recovery. DYDD.
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sheerluck Supreme	12-May-2014 10:46        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	IEV turned in a respectable Q1 results. GM for integrated engineering solution remained   stable at 39% GM for turnkey is 6.3% suggesting that their ERM is guiding their turnkey projects well.   Personally I was expecting a GM of 10% which would have increased their profit by about 75%.   However, given that last FY GM for turnkey is -18% I have to say well done IEV!  GM for MNG halved from their usual 30+% to 14%   due to change from combination of throughput and direct sales to direct sales of CNG only. The following from para 10 of the announcement is encouraging: The Group has completed its maiden USD 15 million FPSO decommissioning project in Malaysia in April 2014 and recently received invitation to quote for a similar contract in Malaysia. The Group has also been awarded contracts to inspect mooring systems of two FPSOs in the region. The Group is expecting a rise in demand for higher standards of safety and therefore this new service is expected to increase in the future. With the successful delivery of this turnkey another similar project will be a win situation for IEV.   If they can further improve their operation and with the guidance from the ERM, a higher GM can be expected. IEV is stepping up effort to distribute its proprietary ocean-powered marine growth control solutions with good GM of around 40%.   They are also planning to expand the CNG supply chain and exploring LNG supply chain. Drop in GM for MNG is a surprise.   Reason being due to the change in business model.   A pity because maintaining the usual 30+% GM would have given it a PE of 1X based on the price of 26.5/27cts.   Now the PE is 15x. This year they have one major capex: the KSO E& P.   This one is risky.   They either find oil () or they find soil(). All-in-all, an encouraging set of Q1 results with positive developments.   Now looking forwards to Q2 results for confirmation of a continuing recovery. DYDD.
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