M Smith comments11 Jun 2014 11:18
Servelec group were part of CSE Singapore until December before the IPO. I am a director of Servelec Controls who are part of Servelec Group UK. CSE bought my company SIA in 2010, SIA made PAT of around 2m in 2010 and since we have been Servelec controls turnover has increased to 17m and PAT last year was 3.4m, since 2010 Servelec controls has made good profits therefore M Smith is making comments that do not reflect the company . M Smith appears to know more about the Healthcare side of the business and obviously knows employees which leads me to conclude a biased opinion, maybe an ex employee.But as far as the comment that other businesses are losing money or making very little money is simply not the case, any division that turns over 17m and make 3.4m PAT is not a red herring.