Rotary Engineering

[Musicwhiz]

Something is brewing?

SINGAPORE - Singapore's Rotary Engineering , a construction firm that specialises in energy projects, said Chief Financial Officer Koh Thong Hean has tendered his resignation and will leave the firm on May 3.

Koh, CFO since February 2009, is quitting to pursue another career opportunity, the company said.

Group Financial Controller Cheong Yew Meng will oversee the finance functions of the firm for the time being, Rotary said in a filing to the Singapore Exchange.

Just normal staff resigning I feel. Nothing to get too suspicious about.

(Not vested)

[winston]

Not vested

ROTARY ENGINEERING - Singapore oil services firm Rotary Engineering said on Thursday its first quarter net profit fell 62 percent to S$5.3 million from a year earlier, hit by the progressive completion of a big project, as well as fewer and lower-margin projects in Singapore.

Source: Reuters

[winston]

Not vested

RESEARCH ALERT-CIMB downgrades Rotary to neutral, target S$0.59

SINGAPORE, Aug 25 (Reuters) - CIMB Research has downgraded Singapore's Rotary Engineering , a construction firm that specialises in energy projects, to underperform from neutral and cut its target price to S$0.59 from S$0.90.

STATEMENT: CIMB said it has turned more cautious on Rotary's order given the macroeconomic uncertainties and the brokerage is expecting a weaker first half of 2012 for the firm due to slower-than-expected order wins.

It has also cut its earnings estimates for 2012-2013 by 6-16 percent to reflect a weaker order book.

Rotary's orders are expected to contract to S$450 million in 2013, from the peak of S$1.3 billion in 2009, CIMB said.

Shares of Rotary have fallen about 38 percent since the start of the year to S$0.635 on Wednesday.

Source: Reuters

[winston]

not vested

Rotary Engineering said on Monday it had won contracts worth S$110 million ($87 million) from July to September this year.

The firm said the wins include a deal to build a petrochemical plant on Jurong Island.

Source: Reuters

[behappyalways]

Rotary Engineering's full-year earnings fall 15% amid oil slump
http://sgx.i3investor.com/servlets/fdnews/58411.jsp

[behappyalways]

Rotary Engineering's 2Q earnings plunge 45% to $2 mil on lower revenue
http://sgx.i3investor.com/servlets/fdnews/62612.jsp

[behappyalways]

Rotary Engineering reports 73% fall in FY16 earnings
http://www.theedgemarkets.com.sg/articl ... 6-earnings

[behappyalways]

Rotary Engineering reports 1Q earnings of $3.7 mil
http://www.theedgemarkets.com.sg/rotary ... ngs-37-mil

[behappyalways]

rotary-engineering-2q-earnings-down-43-12-mil-despite-higher-revenue
https://www.theedgesingapore.com/rotary ... er-revenue

[behappyalways]

rotary-engineering-gets-46-cents-share-offer-executive-chairman-roger-chia-delist-company
https://www.theedgesingapore.com/rotary ... st-company