inphyy

VOYAGE Research - Casting Wider Net to Secure New Projects (Update)

Written by Thursday, 15 August 2013 13:24

CosmoSteel Holdings Limited’s (CosmoSteel) 9MFY13 (ended Jun 2013) net profit of S$5.2m was lower than expected (49.5% of prior full year estimate of S$10.5m).
Nonetheless, 9M FY13 gross profit of S$22.8m still accounted for 67.3% of our previous full year estimate. CosmoSteel recently signed a MOU to collaborate with a local conglomerate in the piping system & steel products business in Myanmar.
We look forward to potential joint projects under this MOU.

2013-09-02 10:11

inphyy

Me...morning gave support (>‿◠)✌

2013-09-02 10:12

390465

will be going up soon??

2013-09-27 08:00

clarence_yeo2003

TP 0.745

2014-02-04 14:44

michelle zheng

Your own TP 745 or from somewhere else???

2014-02-04 18:34

clarence_yeo2003

@ michelle, this is purely my personal view and take.

may i ask which analyst recommendation do you refer to most of the time? can recommend me the most accurate analyst. Thanks in advance!

2014-02-06 09:26

390465

60 cents also enough liao

2014-02-06 17:01

michelle zheng

@clarence_yeo2003 I do not rely on any one analyst. From experience, there is no analyst that is correct all the time.

2014-02-06 20:22

clarence_yeo2003

accumulating opportunity emerge for cosmosteel?

2014-04-03 11:51