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I don't think so. They made mistakes in bidding and could not achieve operational efficiency. I still believe that they will do good in coming future.
They have given reasons for their loss and also confirmed that this quarter loss is also for the same reasons and same project. I am not sure on lifetime of their projects. If not very long then should turn profitable in few quarters
I am still vested with 40% loss at present. I will average down it it goes below .0.30.
They have given reasons for their loss and also confirmed that this quarter loss is also for the same reasons and same project. I am not sure on lifetime of their projects. If not very long then should turn profitable in few quarters
I am still vested with 40% loss at present. I will average down it it goes below .0.30.
bishan22 ( Date: 02-May-2017 17:13) Posted:
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Acromec is lau kui stock. People chased up for emptiness. When reality sets in, all people run road to safety. The whole market today cheong hiong hiong, Acromec crash liao liao. Will this week Acromec fall back to where it was?
Looks like all the declared projects dont make money.... busy for nothing... a risk for all businesses.....
skdaga ( Date: 02-May-2017 17:08) Posted:
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On 28 april, acromec issued a profit warning clarifying that this quarter also they will be in net loss.
0.39 now. Dropped 18% today. Insiders know something I don't know ?
0.475-0.480 is its 3 months low...wonder what insider news are they getting for the price to be pushed down like this.
Have been watching this as well, tempted to enter. The next time it will rise is when it announces another new contract I guess
saisai ( Date: 14-Mar-2017 10:35) Posted:
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anyone knows of any news on Acromec?
this stock in my watchlist has been dropping consistently for 2 weeks already.
feels tempting to enter at this price range
Moving upwards and testing the 1st 0.58 resistance.
Aiyo. Contact is just a piece of written agreement. Deals can be back out by paying penalty. Not a confirm thing.
guards80 ( Date: 09-Feb-2017 19:27) Posted:
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This stock has already set the precedent of many contract wins followed by a profit guidance bomb. Better to trade long term, since this quarter should recover from delays in receivables last quarter. If not, all hell break loose.
Have been 2 time news contract award open go down.... wtf... not like last time with new contract will fly up 10cent. Now can avoid already lousy
bishan22 ( Date: 09-Feb-2017 11:29) Posted:
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bad for contra but good for long term
Sai news... market dont react to this......
guards80 ( Date: 07-Feb-2017 19:51) Posted:
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eat alot already going up soon
Huat today
guards80 ( Date: 08-Feb-2017 00:18) Posted:
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opening sure up 0.025 or 0.030 then gapup again few new contract is like that
Battle123 ( Date: 07-Feb-2017 23:17) Posted:
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Great wait until neck long already
See can reach 60 ?
See can reach 60 ?
Tmr huat already have been so long no new contract.
Acromec: General Announcement :: ACROMEC SECURES S$8.7 MILLION CONTRACT FROM NEW CUSTOMER IN PHARMACEUTICAL INDUSTRY
http://repository.shareinvestor.com/rpt_view.pl/id/674581.1/type/sgxnet/original_filename/1
http://repository.shareinvestor.com/rpt_view.pl/id/674581.1/type/sgxnet/original_filename/1