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Acromec after it IPO @$0.22 cents
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The new norm. Ppl just don't want to accept it. Congrats to those invested. No need thank me!
Yes, I like your explanation. Medtec , UG , RS are all concept plays for initial stages of covid , even though we still need them but the prices have ran sky high and BBs are all looking for cheap and new concept plays..cleanrooms for manufacturing and testing vaccine at this stage of covid should be more appropriate for the concept plays now..let' s see how high it will go..
Wind22i ( Date: 11-Aug-2020 11:16) Posted:
| A lot of phama company like pfizer , AZ, GSK will need cleanroom to manufacturer vaccines..once its in final stage of human testing trial..there will be demand for cleanroom in medical space |
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Game on!
ssw518 ( Date: 11-Aug-2020 19:19) Posted:
Company&rsquo s response: The Company&rsquo s 80%-owned subsidiary, Acropower Pte. Ltd. (&ldquo Acropower&rdquo ), is presently in discussions with a potential investor (&ldquo PotentialInvestor&rdquo ) with regards to a potential collaboration and co-investment(the &ldquo ProposedCollaboration&rdquo )for the development of a waste-to-energy power plant (the &ldquo WTE Plant&rdquo ) which was announced on 21 May 2019. The Proposed Collaboration remains subject to contract and there is no certainty at this stage whether a legally binding definitive agreement(s) will be executed between Acropower and the Potential Investorin relation to the Proposed Collaboration.
those vested good luck, maybe dream come thru
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Company&rsquo s response: The Company&rsquo s 80%-owned subsidiary, Acropower Pte. Ltd. (&ldquo Acropower&rdquo ), is presently in discussions with a potential investor (&ldquo PotentialInvestor&rdquo ) with regards to a potential collaboration and co-investment(the &ldquo ProposedCollaboration&rdquo )for the development of a waste-to-energy power plant (the &ldquo WTE Plant&rdquo ) which was announced on 21 May 2019. The Proposed Collaboration remains subject to contract and there is no certainty at this stage whether a legally binding definitive agreement(s) will be executed between Acropower and the Potential Investorin relation to the Proposed Collaboration.
those vested good luck, maybe dream come thru
Saw518 is this for the VIapp
ssw518 ( Date: 11-Aug-2020 17:40) Posted:
Business Summary
ACROMEC Limited is an investment holding company. The Company is a specialist engineering services provider in the field of controlled environments. Its segments include Engineering, Procurement and Construction, and Maintenance. The Engineering, Procurement and Construction segment provides engineering, procurement and construction services, specializing in architectural, mechanical, electrical and process works within controlled environment. The Maintenance segment provides maintenance services for controlled environments and supporting infrastructure. The Company provides both corrective and preventive or routine maintenance services. It is focused on the design and construction of facilities requiring controlled environments, such as laboratories, medical and sterile facilities, and cleanrooms. The Company offers services to hospitals and medical centers, government agencies, research and development (R& D) companies and agencies, and pharmaceutical companies, among others.
ssw518 ( Date: 11-Aug-2020 17:39) Posted:
| |
FY2018 Q2 |
FY2018 Q4 |
FY2019 Q2 |
FY2019 Q4 |
FY2020 Q2 |
| Income Statement |
|
|
|
|
|
| Total Revenue |
22.24 |
19.20 |
12.24 |
19.67 |
11.90 |
| Cost of Revenue |
(19.32) |
(19.01) |
(9.44) |
(16.54) |
(9.74) |
| Gross Profit |
2.92 |
0.19 |
2.80 |
3.13 |
2.16 |
| Operating Expenses |
(2.79) |
(3.66) |
(2.70) |
(3.02) |
(2.51) |
| Operating Income |
0.13 |
(3.47) |
0.10 |
0.10 |
(0.35) |
| Others, Net |
(0.07) |
(0.05) |
(0.09) |
(0.09) |
(0.10) |
| Income before Taxes |
0.06 |
(3.52) |
0.01 |
0.02 |
(0.45) |
| Tax |
- |
0.01 |
0.01 |
0.00 |
0.00 |
| Extraordinary Items and Adjustments |
0.00 |
0.03 |
(0.01) |
0.00 |
(0.04) |
| Net Income |
0.06 |
(3.49) |
0.01 |
0.02 |
(0.49 |
|
|
|
|
Business Summary
ACROMEC Limited is an investment holding company. The Company is a specialist engineering services provider in the field of controlled environments. Its segments include Engineering, Procurement and Construction, and Maintenance. The Engineering, Procurement and Construction segment provides engineering, procurement and construction services, specializing in architectural, mechanical, electrical and process works within controlled environment. The Maintenance segment provides maintenance services for controlled environments and supporting infrastructure. The Company provides both corrective and preventive or routine maintenance services. It is focused on the design and construction of facilities requiring controlled environments, such as laboratories, medical and sterile facilities, and cleanrooms. The Company offers services to hospitals and medical centers, government agencies, research and development (R& D) companies and agencies, and pharmaceutical companies, among others.
ssw518 ( Date: 11-Aug-2020 17:39) Posted:
| |
FY2018 Q2 |
FY2018 Q4 |
FY2019 Q2 |
FY2019 Q4 |
FY2020 Q2 |
| Income Statement |
|
|
|
|
|
| Total Revenue |
22.24 |
19.20 |
12.24 |
19.67 |
11.90 |
| Cost of Revenue |
(19.32) |
(19.01) |
(9.44) |
(16.54) |
(9.74) |
| Gross Profit |
2.92 |
0.19 |
2.80 |
3.13 |
2.16 |
| Operating Expenses |
(2.79) |
(3.66) |
(2.70) |
(3.02) |
(2.51) |
| Operating Income |
0.13 |
(3.47) |
0.10 |
0.10 |
(0.35) |
| Others, Net |
(0.07) |
(0.05) |
(0.09) |
(0.09) |
(0.10) |
| Income before Taxes |
0.06 |
(3.52) |
0.01 |
0.02 |
(0.45) |
| Tax |
- |
0.01 |
0.01 |
0.00 |
0.00 |
| Extraordinary Items and Adjustments |
0.00 |
0.03 |
(0.01) |
0.00 |
(0.04) |
| Net Income |
0.06 |
(3.49) |
0.01 |
0.02 |
(0.49 |
|
|
| |
FY2018 Q2 |
FY2018 Q4 |
FY2019 Q2 |
FY2019 Q4 |
FY2020 Q2 |
| Income Statement |
|
|
|
|
|
| Total Revenue |
22.24 |
19.20 |
12.24 |
19.67 |
11.90 |
| Cost of Revenue |
(19.32) |
(19.01) |
(9.44) |
(16.54) |
(9.74) |
| Gross Profit |
2.92 |
0.19 |
2.80 |
3.13 |
2.16 |
| Operating Expenses |
(2.79) |
(3.66) |
(2.70) |
(3.02) |
(2.51) |
| Operating Income |
0.13 |
(3.47) |
0.10 |
0.10 |
(0.35) |
| Others, Net |
(0.07) |
(0.05) |
(0.09) |
(0.09) |
(0.10) |
| Income before Taxes |
0.06 |
(3.52) |
0.01 |
0.02 |
(0.45) |
| Tax |
- |
0.01 |
0.01 |
0.00 |
0.00 |
| Extraordinary Items and Adjustments |
0.00 |
0.03 |
(0.01) |
0.00 |
(0.04) |
| Net Income |
0.06 |
(3.49) |
0.01 |
0.02 |
(0.49 |
This cute little one already infused with the Medical Bull essence!!!
Vision of the Medical Bull 2020.
Wuhan Virus surfaced in late 2019/ early 2020 before it evolved into an international COVID-19.
This was the period in which the baby Medical Bull was conceived and delivered into SGX.
The Medical Bull carries the lineage of the magnificent Internet Bull in 2000 which had injected its spirit into counters such as Mediaring, GES, Chartered, UTAC, PanPanMedia, Ellipsiz, Pacific Century among many others.
In 2020, Medical Bull babies first came in the form of Medtecs, UG in Jan 2020. Big price spikes which only sustained for a while before crashing. Many profited and even more lost big time. Despite the virus worsening, most did not believe in a most logical way to invest : i.e. invest in companies which will benefit from the virus outbreak.
After this initial collapse of medical bull prices, these poor bulls were treated as deformities and left to languish by most, except for a minority who believed in them.
New bulls spirits were delivered into Biolidics and Clearbridge who were massively aggressive and came in with a vengeance. Once again, they were slaughtered within days. Left to die. Once again, the whole world refused to believe in the simple logic that investing in Medical Bulls is correct except for a minority.
However, they injected pure Bull essence into other Medical Bulls. Medtecs, UG, Hypens, IX, SeD, Trendlines, Biolidics, Clearbridge, Healthway, Q& M, and many others.
Slowly, one by one, these Medical Bulls grew stronger and were no longer babies and became outstanding Bulls. A few of them (like UG, Medtecs, SeD) outshone the others and they had not even reached their full potential!
These Bull essence even spilled over to other non-medical pennies& hellip Suddenly, more people took noticed and even started to believe. Even research houses started writing bullish reports. A Circle of Positivity was cast over SGX. When there is such huge aura of positive energy, the Bull feeds on it and develops immensely.
Very soon, targets like $3.88 for Medtecs & UG will become normal. These stocks will go to $2 and maybe Top Glove will even hit $20 just like Chartered. Other Medical Bulls will all aim for $0.6 to $1.1. Eventually all will join in.
This will last till end of 2020.
YOU decide how you want this to end.
Wolverine23
Ya thz 👍 will check it out 😊 👍
Fluffyclouds ( Date: 11-Aug-2020 17:16) Posted:
Hmm buddy, tonight go see their profile investor relations, see their P& L and see whats in for them and company direction.
Dont just invest without knowing. IF you believe in the company, drop how much also, you wont loose, cause you know someday it will bounce back.
Be it 1,5,10,15 years etc... cause put money in the bank also interest cant win the amount of money make as for now. Share price cheap haha! Returns high!
Deathdrake1995 ( Date: 11-Aug-2020 17:10) Posted:
| I panic sell just now so makin loses haha hope can earn back bah ~ . I will have faith keep and hold |
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Hmm buddy, tonight go see their profile investor relations, see their P& L and see whats in for them and company direction.
Dont just invest without knowing. IF you believe in the company, drop how much also, you wont loose, cause you know someday it will bounce back.
Be it 1,5,10,15 years etc... cause put money in the bank also interest cant win the amount of money make as for now. Share price cheap haha! Returns high!
Deathdrake1995 ( Date: 11-Aug-2020 17:10) Posted:
I panic sell just now so makin loses haha hope can earn back bah ~ . I will have faith keep and hold
Fluffyclouds ( Date: 11-Aug-2020 17:03) Posted:
| I would say follow 0.3 - 0.4? This is conservative. |
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I panic sell just now so makin loses haha hope can earn back bah ~ . I will have faith keep and hold
Fluffyclouds ( Date: 11-Aug-2020 17:03) Posted:
I would say follow 0.3 - 0.4? This is conservative.
Deathdrake1995 ( Date: 11-Aug-2020 16:59) Posted:
| How high is this one potential ? |
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I would say follow 0.3 - 0.4? This is conservative.
Deathdrake1995 ( Date: 11-Aug-2020 16:59) Posted:
| How high is this one potential ? |
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How high is this one potential ?
Taking profit, they prolly stuck here last time. now different for those who pick today, business would be a breeze!
destinykraze ( Date: 11-Aug-2020 16:43) Posted:
| fast and furious dump from contra players? |
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round 1 accomplished.. 11 pips gains.. wait for round 2..
destinykraze ( Date: 11-Aug-2020 16:43) Posted:
| fast and furious dump from contra players? |
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fast and furious dump from contra players?
we huat tgt wolverine bro ! this one sure can fly further to become next vicplas. will rejoin this soon
wolverine23 ( Date: 11-Aug-2020 16:05) Posted:
congrats! i added a little more 180.
johnyap89 ( Date: 11-Aug-2020 16:01) Posted:
i sold 187 first.. wait to rejoin again
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The next vicplas!
Lucas4 ( Date: 11-Aug-2020 16:13) Posted:
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Contratrader ( Date: 11-Aug-2020 16:09) Posted:
I remembered when I bought vicplas at 20+ also got many talking down the stock..now 40s...take our own risks la
wolverine23 ( Date: 11-Aug-2020 16:00) Posted:
| many kind souls in forum as well ya? all keep asking all to be careful and dont buy! hmm |
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chiong ah!!! tml 25
