Dyna-Mac 2012 reported net profit of SGD 28.4 m (+56.5% YOY) beating expectations. Stripping our the SGD 3.9 m gain out, the adjusted net profit at SGD 25 m was within expectations. Final DPS was SGD 0.02. Having said that, the current immediate support and resistance is 0.450 - 0.575. As shown on the weekly chart below, since last July till date, the weekly chart seem to suggest the possibility of an inverted head and shoulders formation in the marking. If this is true, based on theory, the target level may be 0.800
Swiber Holding Ltd reported that the Group hit a record for both revenue and net profit in FY 2012, the highest since its listing in 2006. Net profit surged 48.3% to US$62.5 million form US $42.2 million for the full year ended Dec 31, ...
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