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zandlery Supreme	30-Jul-2016 16:18        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I feel the shit storm is not over yet.......I guess investor still standing by to see how it going to unveil......investor confidence still not there yet........ if coming result shown bad impact from Swiber saga....it might go further down........ Don' t take my words......get all info and decide yourself
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nngeeh Veteran	30-Jul-2016 16:11        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is Vallianz worth a punt on Monday? Vallianz dropped almost 40% since the news ..... zandlery      ( Date: 30-Jul-2016 15:42) Posted: if vallianz still profitable n payment not delay from client......next quarter result should be coming soon...... can have clearer picture from there...... nngeeh      ( Date: 30-Jul-2016 15:36) Posted: Sorry, i was referring to Swiber. Similarly, Vallianz has $157M and debt of $517M based on SGX website ... is it in much better shape than Swiber?
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zandlery Supreme	30-Jul-2016 15:49        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Swiber project which consist of offshore construction burn money faster.......salary...fuel..provision...raw material.....etc.... Ship chartering shld be less. So Swiber logically require higher cash flow to maintain their operation.........than vallianz If Swiber cashless........project cannot operated.....imagine you are the ship crew and the salary had been delay for few months.....are u gonna continue working?
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zandlery Supreme	30-Jul-2016 15:42        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	if vallianz still profitable n payment not delay from client......next quarter result should be coming soon...... can have clearer picture from there...... nngeeh      ( Date: 30-Jul-2016 15:36) Posted: Sorry, i was referring to Swiber. Similarly, Vallianz has $157M and debt of $517M based on SGX website ... is it in much better shape than Swiber? nngeeh      ( Date: 30-Jul-2016 15:33) Posted: From their FY report in Feb 2016, the cash and cash Equivalents is $93M. Why will they not able to clear the $24M, and file for liquidation/ JM? Is it because that they redeem the bond? If they are already cash strapped ... and intend to file for liquidation ... why redeem the bond?
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nngeeh Veteran	30-Jul-2016 15:36        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry, i was referring to Swiber. Similarly, Vallianz has $157M and debt of $517M based on SGX website ... is it in much better shape than Swiber? nngeeh      ( Date: 30-Jul-2016 15:33) Posted: From their FY report in Feb 2016, the cash and cash Equivalents is $93M. Why will they not able to clear the $24M, and file for liquidation/ JM? Is it because that they redeem the bond? If they are already cash strapped ... and intend to file for liquidation ... why redeem the bond? darocupcake      ( Date: 30-Jul-2016 06:54) Posted: Those who has been holding all these while n panic sell make losses because of this action by swiber
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nngeeh Veteran	30-Jul-2016 15:33        nngeeh About Contact  Quote this Post!
x 1   x 0  Alert Admin	From their FY report in Feb 2016, the cash and cash Equivalents is $93M. Why will they not able to clear the $24M, and file for liquidation/ JM? Is it because that they redeem the bond? If they are already cash strapped ... and intend to file for liquidation ... why redeem the bond? darocupcake      ( Date: 30-Jul-2016 06:54) Posted: Those who has been holding all these while n panic sell make losses because of this action by swiber
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darocupcake Master	30-Jul-2016 06:54        darocupcake About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those who has been holding all these while n panic sell make losses because of this action by swiber
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zandlery Supreme	29-Jul-2016 23:40        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Swiber apply for Judical Management........
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zandlery Supreme	29-Jul-2016 23:03        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Strong endorsement......does this hint will increase stake if open tender?
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whylikethat Veteran	29-Jul-2016 20:20        whylikethat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Media Statement Controlling shareholder Rawabi remains confident of Vallianz&rsquo s prospects Singapore, 29 July 2016 &ndash Rawabi Holding Company Limited (&ldquo Rawabi&rdquo ), a controlling shareholder of Vallianz Holdings Limited (&ldquo Vallianz&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), has reaffirmed its strong commitment to Vallianz and confidence in the Group&rsquo s business prospects, following the recent announcements by Swiber Holdings Limited. Rawabi owns an 18.7% equity stake in Vallianz. It is also a strategic joint venture partner of the Group&rsquo s Middle East business operations through Rawabi Vallianz Offshore Services Limited (&ldquo RVOS&rdquo ). Said Sheikh Abdulaziz AlTurki, Group Chairman of Rawabi and Chairman of RVOS, &ldquo As a controlling shareholder and business partner of Vallianz, Rawabi would like to express our confidence in the Group&rsquo s business prospects. Through RVOS, the Group has grown steadily to become one of the largest offshore support vessel providers in the Middle East region where offshore oil and gas activities continue to be vibrant. With a strong and capable team from Rawabi and Vallianz, we continue to secure new long term charter contracts in the Middle East from one of the world&rsquo s largest national oil companies. We see excellent opportunities for the Group to leverage our superior market position in the Middle East to increase our market share and expand our footprint in this major oil producing region. Vallianz has the full backing of Rawabi and by working together, I am positive that we can continue making further progress to bring the Group to the next level.&rdquo CEO of Vallianz, Mr Ling Yong Wah said, &ldquo We appreciate this strong endorsement from our strategic shareholder. The Group wishes to assure our shareholders that our business and operations are continuing as usual. The majority of our vessel chartering business is made up of contracts with thirdparty oil and gas companies in the Middle East region.
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zandlery Supreme	29-Jul-2016 19:39        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	but vallianz had been refering the client as NOC (national oil conpany)....middle east.....isn't it quite obvious who's the client......
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zandlery Supreme	29-Jul-2016 18:54        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	unnamed client pratice might be due to competitive bidding nature of oil n gas business....
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nqing87 Supreme	29-Jul-2016 18:20        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nothing is mentioned about suspecting to report non existent order.. but from the article, it seems that most of the oil gas players in sgx doesnt reveal much info on the clients and is like a normal practice.. had already mentioned sgx incompetency to regulate the bourse.. often retailers do not have much info about what a company is doing and they received those standard pr reply which serves no purpose.. pertaining to vallianz, they are probably the few who is still looking to expand the fleet.. if no real contract, why continue to expand.. earlybird14      ( Date: 29-Jul-2016 14:00) Posted: http://www.businesstimes.com.sg/companies-markets/swibers-move-to-wind-up-sends-shock-waves-through-market Swiber is investigated for their unnamed 700mio order in west Africa and Vietnam project order book. The management were suspected to report nonexistent order. Vallianz also has billion order was reported this year in Middle East for unnamed clients too. The fire may burn till Vallianz. But anyway, to a 2 cents stock what else can lose?
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zandlery Supreme	29-Jul-2016 14:08        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	there are website where u can trace the current location of vessel.....if u input vessel name see if they at middle east.......can say they just standing by there but...haha.....
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earlybird14 Supreme	29-Jul-2016 14:00        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	http://www.businesstimes.com.sg/companies-markets/swibers-move-to-wind-up-sends-shock-waves-through-market Swiber is investigated for their unnamed 700mio order in west Africa and Vietnam project order book. The management were suspected to report nonexistent order. Vallianz also has billion order was reported this year in Middle East for unnamed clients too. The fire may burn till Vallianz. But anyway, to a 2 cents stock what else can lose?
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zandlery Supreme	29-Jul-2016 12:59        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	not surprise as seen in one article vallianz is the second largest vessel supplier to middle east...... can't remember where....interested can google.....months back moron101      ( Date: 29-Jul-2016 08:55) Posted: Heard that many parties are eyeing on the 25% stakes from swbor. Will it be a open tender? I am sure liquidators will not want to sell them cheap cheap.. let's watch how it goes after the court hearing..
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Winlost Veteran	29-Jul-2016 09:13        Winlost About Contact  Quote this Post!
x 0   x 0  Alert Admin	Roadblock at 0.025...  moron101      ( Date: 29-Jul-2016 08:55) Posted: Heard that many parties are eyeing on the 25% stakes from swbor. Will it be a open tender? I am sure liquidators will not want to sell them cheap cheap.. let's watch how it goes after the court hearing..
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moron101 Supreme	29-Jul-2016 08:55        moron101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Heard that many parties are eyeing on the 25% stakes from swbor. Will it be a open tender? I am sure liquidators will not want to sell them cheap cheap.. let's watch how it goes after the court hearing..
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Maller Elite	29-Jul-2016 08:01        Maller About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think Today shd trend up...
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Winlost Veteran	28-Jul-2016 21:22        Winlost About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looking for it too.. See you there 0.027 Maller      ( Date: 28-Jul-2016 19:53) Posted: Wow, no halt and the reply is good.  ThinkTmr cheong to 0.027 at least!!! DYODD
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