Mun Siong Engineering

[ValueMushroom]

how to convert the warrants into shares? so far i don't seem to receive the notification nor instructions to do..

strange

This may help you:

http://www.gotothings.com/singapore/sgx-...arrant.htm

[pianist]

how to convert the warrants into shares? so far i don't seem to receive the notification nor instructions to do..
strange

This may help you:
http://www.gotothings.com/singapore/sgx-...arrant.htm

thanks buddy, i emailed a few times to the company and sgx and there was no response from the company...and sgx as usual give a generic useless reply. your website immediately addressed my concern. thank you.

[ValueMushroom]

how to convert the warrants into shares? so far i don't seem to receive the notification nor instructions to do..
strange

This may help you:
http://www.gotothings.com/singapore/sgx-...arrant.htm

thanks buddy, i emailed a few times to the company and sgx and there was no response from the company...and sgx as usual give a generic useless reply. your website immediately addressed my concern. thank you.

You are welcome. : )

[dydx]

FY14 annual report just out…..
http://infopub.sgx.com/FileOpen/MSE-Annu...eID=341793

[dydx]

Mun Siong - now trading cum a total $0.005 in Final & Special dividends - last done at $0.087 is now at a 8-month high, still giving a good dividend yield of 5.75%. In fact, as the dividends will be paid a little over one month from now on 28May15 - with XD fixed on 8May15 - the actual annualised yield is higher than 5.75%p.a. Would Mr Market move to re-price Mun Siong even higher?

[corydorus]

Special dividend is not sustainable. If market reprice it higher maybe good time to take profit instead.

[dydx]

Yesterday (27Apr15), Mun Siong hit a high of $0.093 and closed at $0.09, up another $0.003 or 3.4%.

The Dec14 Newsletter, which gives an update on the progress of Mun Siong's business and product/service offerings, is a good read.....
http://www.mun-siong.com/uploads/newslet...202014.pdf

[dydx]

Mun Siong goes XD today (8May15) for the $0.005/share final dividend for FY14; but strangely Mr Market does not seem to want to see the share price go down by at least the same amount - which is the normal pattern for most counters.

Does this mean that those who have bought into Mun Siong recently at the $0.08/$0.09 range are mostly taking a longer term view on the further recovery of the underlying business and profitability, and beyond the 0.005/share dividend payment. Let's hope the coming Q1 result would support this optimism and also into the coming quarters.

[jjlim84]

how will oil prices affect future projects for Mun Siong?

[dydx]

how will oil prices affect future projects for Mun Siong?

Do Mun Siong's prime-name customers like Shell or Exxon invest in and operate their multi-billion dollar oil refineries and petrochemical plants for the long-term mainly based on the assumption of high or rising oil prices? The answer has to be "No". The oil majors may suffer a fall in profits in the short-term when oil prices fall suddenly and sharply, mainly because of their perpetual big 'long' position in raw material and product inventories (including on those oil & gas reserves they may have paid too high a price), but given enough they will recover from such temporary set-backs. The fact remains that the oil majors always and will continue to out-source their plant maintenance work, and that they rarely shutdown their production plants completely even in a major downturn. So in this sense Mun Siong's well-established plant maintenance services business supporting the oil majors will always be needed, and a smart and experienced management - like what we have in Mun Siong - should be able to keep the business in good shape and make some profits even under temporary tough market conditions. As Mun Siong keeps the plant maintenance work, the company will be well placed to secure any plant alteration/enhancement/expansion projects that their customers may undertake for their future development.