I was away and missed the release of Armstrong's Q3-2012 results and their analysts' presentation meeting.  Investors should also read their powerpoint slides which give more color on the operations of their different business segments.  I was pleasantly surprised by the results which showed some resilience at the operating level without the benefit of any exceptional item.   Surprisingly the market ignored this and the shares actually fell marginally on the results release.

Key highlights of the results

1.revenue rose 1.3% to S$56.8mn which was slightly higher than Q2's revenue of S$55.0mn

2.automotive revenue grew 11.1% to S$21.8mn while revenue from consumer ...