stumbled upon this gem.... _____ “Shipping operations are expected to show marginal improvement in the next quarter and EcoB is expected to record higher revenue as it builds up its order book. However, it has just completed its infrastructure building phase and is not expected to record a profit in the next quarter. MRN is still at the planning phase and construction is not expected to commence until the third quarter of 2012. Therefore, the Group is not expected to report a profit for the current financial year.” (“Prospect Statement”). _____ K. so WTF is MRN? It sounds BIG.... check attachment.. http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/72CD11D75064150F482579B900364D68?opendocument