| Latest Forum Topics / Swiber |
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Swiber Holdings Limited
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pinkowl
Supreme |
26-Jul-2016 12:34
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Yes...confidence dented big time.  |
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moron101
Supreme |
26-Jul-2016 11:53
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Still got US $15m legal proceedings pending? Si liao. | ||||
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granto
Master |
26-Jul-2016 11:30
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Swiber reveals termination of Vietnam project |
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sheerluck
Supreme |
26-Jul-2016 10:38
Yells: "Work for your money first then let your money work for you" |
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Their reply revealed that they are hidding things from the market. Their US$710mil project was to commerce in first quarter in 2015.  They only discuss about delay in June 2016.  So the project has been sitting for 1.5 years doing nothing and Market was aware about it.  And the company spent about US$2mil on something which they haven' t even started yet. Their kaizen 4000 vessel was mean for a Vietnam project which has been terminated and the company did not reveal it as well. Bottomline Swiber has been keeping mum about negative news.  Naturally Market will be thinking what other negatives that wasn' t raised in the query are Swiber not revealing.  Is this just the tip of the iceberg?  You know how Market react to a company share price when there are uncertainties surrounding a company.  Even so is when the coy is already problematic. |
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Macqueen
Master |
26-Jul-2016 10:12
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This one still haven see bottom yet
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moron101
Supreme |
26-Jul-2016 09:42
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Have they settled the parking fees of Kaizen 4K?
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Macqueen
Master |
26-Jul-2016 09:32
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Yes shorting gx style being target Liao, I will short this my 2 cent DYODD. But must be careful profit run wait for another round Huat ah shorter
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pnuklis
Master |
26-Jul-2016 09:15
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Cannot collect money from contracts and announcing new ones is no use. Will loose more money. Poor guys I pity for those who buy in when they hear new contracts. Short this bugger |
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HuathuatLeo
Elite |
26-Jul-2016 08:55
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this coy still cannot find bottom. lmao haahah.. Dont know where is bottom. Trade with caution. SGX style. hahaha
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yyhwin
Elite |
26-Jul-2016 00:08
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Why need to sell now? Will this company bankrupt? |
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sheerluck
Supreme |
25-Jul-2016 23:51
Yells: "Work for your money first then let your money work for you" |
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With this reply, it is tme to sell! |
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moron101
Supreme |
25-Jul-2016 22:24
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All queries very well addressed. Safe now.😅 | ||||
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Stocky901
Supreme |
25-Jul-2016 20:27
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They have to halt trading if they can't respond to query on time? Very sad.
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moron101
Supreme |
25-Jul-2016 18:35
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The clock is ticking. Can sgx give them more time? | ||||
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moron101
Supreme |
25-Jul-2016 16:51
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They have up to 235959 tonight to locate their lost ship.. jia you lah! | ||||
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sheerluck
Supreme |
25-Jul-2016 16:06
Yells: "Work for your money first then let your money work for you" |
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Is probably EZRA' s fault.  When EZRA disposed of it asset, it written off 1/3 its values.  Now market got something evidence on the worth of O& G asset in O& G counter book.  If we appied -33% to Swiber' s asset, it is technically bankrupt.  At current price of 12cts market is only discount its asset by 22.3%.  The most market can applied is a 24.4% discount for Swiber NAV to go zero. So Swober got 2% leeway but the fact that there is a -33% figure floating around mean Swiber is in great danger! |
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FATABA
Supreme |
25-Jul-2016 15:56
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Swiber and Valiance shld be worth more than this 10c....what is wrong that shareholders are not aware ? SGX....wake up and wake them up ....do something seriously.
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Macqueen
Master |
25-Jul-2016 15:51
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10 cent coming, patient my 2 cent
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swv001
Member |
25-Jul-2016 15:23
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The fundamental of this coy is still quite good comparing to other O& G coys. Do not understand why it is like that.
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sheerluck
Supreme |
25-Jul-2016 15:02
Yells: "Work for your money first then let your money work for you" |
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This one really suay.  At the rate it is going toilet paper worth more liao.  Maybe one pack of 12 rolls can buyout the coy? What the hell is Suaybo doing?
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