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Acromec after it IPO @$0.22 cents

Maybe can recover next news contract awarded???

tankookoo      ( Date: 29-Nov-2016 12:25) Posted: Think it will be recovering up..Company mentioned it has learnt its mistakes and will avoid the mistakes. It drop from 80 cents...now half price.....might recover to 50 cents?   ------------- On the whole, poorer manpower productivity has also impacted our project costs as manpower was increased in the second half of FY2016 to prepare for the expected increase in tender activities. These tenders were delayed, in part due to the slowing economic growth in Singapore and the uncertainty in the global economy. The Group has since taken active steps in this interim period to rationalise its costs and streamline its processes so as to achieve cost and operational optimisation. The Group has also drawn lessons learnt from such untimely and congruent events and will endeavour to ensure that such situations do not recur.

 

Think it will be recovering up..Company mentioned it has learnt its mistakes and will avoid the mistakes.

It drop from 80 cents...now half price.....might recover to 50 cents?

 

-------------

On the whole, poorer manpower productivity has also impacted our project costs as manpower was increased in the second half of FY2016 to prepare for the expected increase in tender activities. These tenders were delayed, in part due to the slowing economic growth in Singapore and the uncertainty in the global economy. The Group has since taken active steps in this interim period to rationalise its costs and streamline its processes so as to achieve cost and operational optimisation. The Group has also drawn lessons learnt from such untimely and congruent events and will endeavour to ensure that such situations do not recur.  

 

Those who got ball enter ar 0.345 huat already. Going sell down?

 

Look like shortist come already

 

Whats the fair value then? To me, IPO priced is based on FY15 @ $0.22cents. This yr FY16 is about par, therefore should be ard 0.2x-.3x range. Now at 0.4x, feel like shorting.

jazzzkk      ( Date: 29-Nov-2016 12:11) Posted: No need rationale. Rationale is net loss is expected thats why is down until this price before result Feverfire      ( Date: 29-Nov-2016 12:06) Posted: looks bullish after poor result? rationale?

 

No need rationale. Rationale is net loss is expected thats why is down until this price before result

Feverfire      ( Date: 29-Nov-2016 12:06) Posted: looks bullish after poor result? rationale?

 

They need bouns mah let u trap haha

Feverfire      ( Date: 29-Nov-2016 12:06) Posted: looks bullish after poor result? rationale?

 

looks bullish after poor result? rationale?

 

Our bro here gt trap loss 15k

 

Dont knoe.. look bullist

Feverfire      ( Date: 29-Nov-2016 12:02) Posted: hmm.. a trap?

 

hmm.. a trap? 

 

Pump up???

 

today down down down see show

 

30cent i still must consider uh.. nav only 9cents..

must factor in the price if they dont win anymore business. see how mkt reacts for the next few days then decide.

guards80      ( Date: 28-Nov-2016 18:12) Posted: Tmr for u to buy cheap if less then 30cent Feverfire      ( Date: 28-Nov-2016 18:10) Posted: this is bad. eps turned negative. cogs increased more than revenue (38% vs 23%) higher ar, lower ap, overall ocf negative. so why constitute to a higher cost of admin? Directors ownself give ownself fat paycheck ah

 

Tmr for u to buy cheap if less then 30cent

Feverfire      ( Date: 28-Nov-2016 18:10) Posted: this is bad. eps turned negative. cogs increased more than revenue (38% vs 23%) higher ar, lower ap, overall ocf negative. so why constitute to a higher cost of admin? Directors ownself give ownself fat paycheck ah

 

Ya director want more bonus haha

Feverfire      ( Date: 28-Nov-2016 18:10) Posted: this is bad. eps turned negative. cogs increased more than revenue (38% vs 23%) higher ar, lower ap, overall ocf negative. so why constitute to a higher cost of admin? Directors ownself give ownself fat paycheck ah

 

this is bad. eps turned negative.

cogs increased more than revenue (38% vs 23%)

higher ar, lower ap, overall ocf negative.

so why constitute to a higher cost of admin? Directors ownself give ownself fat paycheck ah

 

Acromec: Financial Statements and Related Announcement :: Full Yearly Results

http://repository.shareinvestor.com/rpt_view.pl/id/667959.1/type/sgxnet/original_filename/1

 

once tml results are release, more or less will hit its fair value.. can prepare to enter.. but afraid next FY also not doing so well.. then chaim liao. =(

guards80      ( Date: 28-Nov-2016 11:22) Posted: hmmm saw before opening 8.59am so many buyer and up 1.5c thot is good news haha now go down fake buyer Feverfire      ( Date: 28-Nov-2016 10:31) Posted: bro..u still hoping results are good ah?

 

hmmm saw before opening 8.59am so many buyer and up 1.5c thot is good news haha now go down fake buyer

Feverfire      ( Date: 28-Nov-2016 10:31) Posted: bro..u still hoping results are good ah?