2012 financial results

My take, FWIW:

1. Revenue increase I like - wait til we put a big PP expansion on top of that increased gas revenue. We will have 6 months of this current FY with that further contribution on top of higher gas prices :)
2. GP up as expected, based on above
3. NP largely unchanged if one ignores the FE component.
4. I never liked the dilution effect of RC, now for all to see at bottom of p4...but at least that funding will help get Sengkang over the line with reduced project funding costs and by end CYQ1 - so revenue for this current FY.

Mostly good.