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Mun Siong

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muifan
    10-Jun-2022 09:21  
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break 62 , then 8c otw...
 
 
eric998
    06-Jun-2022 11:44  
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BBs where got let you fast in fast out, likely fast in but out with loss.. trade with care.. do not promote such counter such as this.. i forgot to short.. wasted.. HUAT

easywin      ( Date: 03-Jun-2022 12:48) Posted:

Can try if volume picking. up with fast-in and fast-out   

ThankYou      ( Date: 03-Jun-2022 12:27) Posted:

I think difficult. It always has been pump and dump. Take a look at the charts


 
 
eric998
    06-Jun-2022 11:36  
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loss making counter better dont touch.. 

Stocksguru      ( Date: 08-Mar-2022 09:11) Posted:

dead counter stilll sleeping

Patkeane      ( Date: 08-Mar-2022 08:42) Posted:

it is time to go up .........


 

 
eric998
    06-Jun-2022 11:24  
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BBs buy and sell themselves? its an eyesore that such pump and dump in the top 10 volume.. 
 
 
eric998
    06-Jun-2022 09:28  
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this counter always red candle after long green bar the session before.. trade with care.. same as China Star.. pump and dump.. pump to 28 then dump to 23 and later lower.. China Star tricked many retailers already.,, pump and dump is illegal, those who got tricked maybe can complain and see if authority investigate... i not tricked so no complain.. HUAT 

ThankYou      ( Date: 03-Jun-2022 12:27) Posted:

I think difficult. It always has been pump and dump. Take a look at the charts.

trader1970      ( Date: 03-Jun-2022 10:39) Posted:

Good company to be awarded projects in the coming days.. Dont miss out this laggard which will be a multi-bagger....Phillips target is 12 cts..Cheers to all whom believe and be rewarded soon...angel 


 
 
easywin
    03-Jun-2022 12:48  
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Can try if volume picking. up with fast-in and fast-out   

ThankYou      ( Date: 03-Jun-2022 12:27) Posted:

I think difficult. It always has been pump and dump. Take a look at the charts.

trader1970      ( Date: 03-Jun-2022 10:39) Posted:

Good company to be awarded projects in the coming days.. Dont miss out this laggard which will be a multi-bagger....Phillips target is 12 cts..Cheers to all whom believe and be rewarded soon...angel 


 

 
ThankYou
    03-Jun-2022 12:27  
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I think difficult. It always has been pump and dump. Take a look at the charts.

trader1970      ( Date: 03-Jun-2022 10:39) Posted:

Good company to be awarded projects in the coming days.. Dont miss out this laggard which will be a multi-bagger....Phillips target is 12 cts..Cheers to all whom believe and be rewarded soon...angel 

 
 
trader1970
    03-Jun-2022 10:39  
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Good company to be awarded projects in the coming days.. Dont miss out this laggard which will be a multi-bagger....Phillips target is 12 cts..Cheers to all whom believe and be rewarded soon...angel 
 
 
trader1970
    03-Jun-2022 09:58  
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Is a laggard that yet to be spotted.. Support oil sector with liquid cash more than 2 time of the market cap.. Ridiculous right?....... Shining gemstone ....cool

Joelton      ( Date: 16-May-2022 10:57) Posted:

Mun Siong Engineering to plough US$7.5 million into Illinois expansion
MAINBOARD-LISTED Mun Siong Engineering : MF6 0% plans to invest US$7.5 million in a push into Illinois, the industrial services provider announced in a bourse filing on Sunday (May 15).
 
The diversification is part of an effort to mitigate market and customer concentration risk, especially as the group has observed that the process industry in North America &ndash unlike its other markets in Asia &ndash has a range of large and mid-sized operators, the board said.
 
Most of the investment sum &ndash which is being funded by a mix of internal resources and bank borrowings &ndash will go towards buying and equipping a property in Kankakee County through wholly owned Pegasus Industrial Midwest. The property was previously used by a structural steel fabrication company and is being sold by the estate of the owner, who died in late 2021.
 
Mun Siong&rsquo s strategic expansion targets process and power operators in the Midwestern United States, by entering the market with one-stop specialised services such as industrial cleaning and repairs of heat exchangers, before expanding into retubing, decoking and fabrication.
 
&ldquo Recent experiences in Taiwan and Malaysia would help us navigate some of the challenges in establishing presence in this new market,&rdquo the group said.
 
The board noted that the property, which is about 70 km south of Chicago, is located near &ldquo a number of large to medium-sized refineries and processing plants&rdquo that are potential customers.
 
The transaction will be done in an interested-person transaction in an assignment agreement involving a US limited liability company controlled by Mun Siong director and substantial shareholder Quek Kian Hui, whose mother is the executive chairman of Mun Siong.
 
The seller did not agree to a conditional option, while an unconditional option would require shareholders&rsquo prior approval. As such, the role of the assignor will enable &ldquo acquisition of the property in an expedient manner&rdquo , the board said, in discussing the structure of the transaction.
 
Gearing would have increased to 11.9 per cent after the investment, from 10 per cent before, according to the pro forma financial effects of the deal as disclosed in the bourse filing.
 
Separately, Mun Siong reported a pre-tax net loss of S$320,000 in a first-quarter business update for the 3 months to Mar 31, 2022, narrowing from S$1.3 million the year before.
 
Turnover rose by 13.9 per cent year on year to S$15.6 million, which the group attributed to the recognition of revenue from an ongoing turnaround project in Taiwan.

 
 
Joelton
    16-May-2022 10:57  
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Mun Siong Engineering to plough US$7.5 million into Illinois expansion
MAINBOARD-LISTED Mun Siong Engineering : MF6 0% plans to invest US$7.5 million in a push into Illinois, the industrial services provider announced in a bourse filing on Sunday (May 15).
 
The diversification is part of an effort to mitigate market and customer concentration risk, especially as the group has observed that the process industry in North America &ndash unlike its other markets in Asia &ndash has a range of large and mid-sized operators, the board said.
 
Most of the investment sum &ndash which is being funded by a mix of internal resources and bank borrowings &ndash will go towards buying and equipping a property in Kankakee County through wholly owned Pegasus Industrial Midwest. The property was previously used by a structural steel fabrication company and is being sold by the estate of the owner, who died in late 2021.
 
Mun Siong&rsquo s strategic expansion targets process and power operators in the Midwestern United States, by entering the market with one-stop specialised services such as industrial cleaning and repairs of heat exchangers, before expanding into retubing, decoking and fabrication.
 
&ldquo Recent experiences in Taiwan and Malaysia would help us navigate some of the challenges in establishing presence in this new market,&rdquo the group said.
 
The board noted that the property, which is about 70 km south of Chicago, is located near &ldquo a number of large to medium-sized refineries and processing plants&rdquo that are potential customers.
 
The transaction will be done in an interested-person transaction in an assignment agreement involving a US limited liability company controlled by Mun Siong director and substantial shareholder Quek Kian Hui, whose mother is the executive chairman of Mun Siong.
 
The seller did not agree to a conditional option, while an unconditional option would require shareholders&rsquo prior approval. As such, the role of the assignor will enable &ldquo acquisition of the property in an expedient manner&rdquo , the board said, in discussing the structure of the transaction.
 
Gearing would have increased to 11.9 per cent after the investment, from 10 per cent before, according to the pro forma financial effects of the deal as disclosed in the bourse filing.
 
Separately, Mun Siong reported a pre-tax net loss of S$320,000 in a first-quarter business update for the 3 months to Mar 31, 2022, narrowing from S$1.3 million the year before.
 
Turnover rose by 13.9 per cent year on year to S$15.6 million, which the group attributed to the recognition of revenue from an ongoing turnaround project in Taiwan.
 

 
jmlew89
    30-Mar-2022 11:15  
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collection 51 2 days ago, now 48, going to wake up?
 
 
Stocksguru
    08-Mar-2022 09:11  
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dead counter stilll sleeping

Patkeane      ( Date: 08-Mar-2022 08:42) Posted:

it is time to go up .........

 
 
Patkeane
    08-Mar-2022 08:42  
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it is time to go up .........
 
 
Sgvale
    17-Oct-2021 21:49  
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Oil price another high.
 
 
easywin
    15-Oct-2021 14:24  
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Dun think can go far, not popular counter.

trader1970      ( Date: 08-Oct-2021 12:00) Posted:

Ride on the back of oil rally, BB should be playing up to 56/57.. 50 is a good collection point. :):)

 

 
Sgvale
    15-Oct-2021 14:14  
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Solution providers for the oil and gas, process, chemical and pharmaceutical industries. Target industries are thriving sectors. Ah Siong tgt 79.
 
 
trader1970
    08-Oct-2021 12:00  
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Ride on the back of oil rally, BB should be playing up to 56/57.. 50 is a good collection point. :):)
 
 
trader1970
    08-Oct-2021 11:03  
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This one has to move soon... :):):) hiberante too long.. WATCH..:wink
 
 
trader1970
    05-Oct-2021 14:03  
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Detected some buying activity. Wont be surprised it ll be play up as oil related counters.. This counter illiquid and can be pushed up quite decent.. OTOT.. :):):)
 
 
MakeChanges
    18-Aug-2021 10:46  
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never come. wink

easywin      ( Date: 13-Aug-2021 17:44) Posted:

Some small movement today, Monday more to come?

 
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