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Baker Technology's Q3 net profit up 120%

 
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Digital



Joined: 08 Jun 2006
Posts: 2287

PostPosted: Fri Nov 06, 2009 8:57 am    Post subject: Reply with quote

elmoboy wrote:
profit so good price still down last fews day.. sell on news.. Sad


Clue: Look at its net asset value. How many times is the price to book ratio now? Shocked
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elmoboy



Joined: 06 Feb 2007
Posts: 121

PostPosted: Fri Nov 06, 2009 8:51 am    Post subject: Reply with quote

profit so good price still down last fews day.. sell on news.. Sad
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sotong7378



Joined: 12 Jan 2009
Posts: 701

PostPosted: Wed Nov 04, 2009 12:01 pm    Post subject: Re: Baker Technology's Q3 net profit up 120% Reply with quote

Money3838 wrote:
happyinvest wrote:
Baker Technology's Q3 net profit up 120%


Baker Technology Limited on Tuesday reported net profit for the third quarter to end September rose 120 per cent to S$18.67 million, compared to S$8.50 million a year ago.

The maker of specialised marine offshore equipment and services for the oil and gas industry said revenue rose 10 per cent to S$28.78 million compared to a year ago. This was due to the completion and nearcompletion of contracts for the fabrication of specialised steel structures.

The group expects to be profitable in the fourth quarter of FY2009.
Laughing Laughing
Before RTO, Baker Tech value at USD110 million. Wink
Money3838....buy digiland leh Laughing
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teddybear



Joined: 12 Apr 2008
Posts: 2643

PostPosted: Wed Nov 04, 2009 8:25 am    Post subject: Re: Baker Technology's Q3 net profit up 120% Reply with quote

happyinvest wrote:
Baker Technology's Q3 net profit up 120%


Baker Technology Limited on Tuesday reported net profit for the third quarter to end September rose 120 per cent to S$18.67 million, compared to S$8.50 million a year ago.

The maker of specialised marine offshore equipment and services for the oil and gas industry said revenue rose 10 per cent to S$28.78 million compared to a year ago. This was due to the completion and nearcompletion of contracts for the fabrication of specialised steel structures.

The group expects to be profitable in the fourth quarter of FY2009.
Laughing Laughing


pretty good Laughing
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Breakwind



Joined: 10 May 2008
Posts: 717
Location: Where the sun don't shine....

PostPosted: Wed Nov 04, 2009 7:49 am    Post subject: Reply with quote

With P/E at only 5.6x, this gem is very cheap as compared to other oil & gas companies which are trading at 8-15x P/Es! Cash is at $67.8M (> 10ct per sh) and almost zero debt.

If u want somewhere safe and sound with potential high returns to park your cash.... really.... look no further.
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silverfern



Joined: 11 Apr 2009
Posts: 68

PostPosted: Wed Nov 04, 2009 5:42 am    Post subject: Reply with quote

Vested Laughing Laughing
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Money3838



Joined: 07 May 2008
Posts: 1644

PostPosted: Wed Nov 04, 2009 1:14 am    Post subject: Re: Baker Technology's Q3 net profit up 120% Reply with quote

happyinvest wrote:
Baker Technology's Q3 net profit up 120%


Baker Technology Limited on Tuesday reported net profit for the third quarter to end September rose 120 per cent to S$18.67 million, compared to S$8.50 million a year ago.

The maker of specialised marine offshore equipment and services for the oil and gas industry said revenue rose 10 per cent to S$28.78 million compared to a year ago. This was due to the completion and nearcompletion of contracts for the fabrication of specialised steel structures.

The group expects to be profitable in the fourth quarter of FY2009.
Laughing Laughing
Before RTO, Baker Tech value at USD110 million. Wink
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Alex Kid



Joined: 07 Oct 2009
Posts: 163

PostPosted: Tue Nov 03, 2009 11:56 pm    Post subject: Reply with quote

Morning will buy in Baker Tech if the price still around 31-32 cents Cool .
Did not expect the result so good, buy and HUAT!!!
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happyinvest



Joined: 21 May 2004
Posts: 2125

PostPosted: Tue Nov 03, 2009 9:31 pm    Post subject: Reply with quote

Laughing Laughing Laughing
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happyinvest



Joined: 21 May 2004
Posts: 2125

PostPosted: Tue Nov 03, 2009 9:14 pm    Post subject: Baker Technology's Q3 net profit up 120% Reply with quote

Baker Technology's Q3 net profit up 120%


Baker Technology Limited on Tuesday reported net profit for the third quarter to end September rose 120 per cent to S$18.67 million, compared to S$8.50 million a year ago.

The maker of specialised marine offshore equipment and services for the oil and gas industry said revenue rose 10 per cent to S$28.78 million compared to a year ago. This was due to the completion and nearcompletion of contracts for the fabrication of specialised steel structures.

The group expects to be profitable in the fourth quarter of FY2009.
Laughing Laughing
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