| Latest Forum Topics / Vard |
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Vard Holdings
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SgTrader17
Elite |
09-Sep-2016 08:20
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Vard has the support of its parent COY.
With its price at below 20cts, so Long it continues to have business and successfully restructure its business, one day may have its glory again. I am still thinking will it be privatised one day? Maybe? A few years time? No one knows. I think there is always a possibility. |
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1oopls
Master |
09-Sep-2016 00:03
Yells: "I love my evil cute cute darling" |
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Longtermer
Elite |
08-Sep-2016 23:53
Yells: "A disciplined investor is a wealthy investor" |
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Hit 60c? Not so soon but it is likely given time. It was trading over $1 in better times but hit by oil crisis and trouble in Brazil. Company has cleaned up the yard and moved on. In fact it has diversified well into many other vessel types sheltering itself from the oil storm. Current orders taken and announced since Q1 to date is 25 vessels, total value about NOK10,000m to NOK11,000m. This exclude other jobs like hull sections manufacturing and electronics etc. We still have 4.5 more months for 2016. Compare this with year 2015 of just 6 vessels valued NOK3,594m. Vard make some small losses last Qtr but should turn profitable in the next 1-2 quarters. After that we should see better profitability going forward due to existing and possibly more orders to come. Vard is multi capability shipyard and very well supported by parent.  Once the company turn around successfully and profitability come, I see at least 0.6x BV or 30c. Give them another few Qtr of strong earnings and we may see your TP 60c or more. DYOD and all the best to all vested.   
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kannady
Member |
08-Sep-2016 21:24
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What I made from Tigerair I bought Vard avrg at. 189 its almost 6 months now, hope it will finally go North....
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HuathuatLeo
Elite |
08-Sep-2016 17:16
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can go to 60cts bor? lmao hahahaha
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NoMoney
Master |
08-Sep-2016 16:58
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i bought at 30 cents but avg down to 23 cents wanna avg down more at 13.5 but market very unstable dont wanna throw anymore money to avg down
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Longtermer
Elite |
08-Sep-2016 15:55
Yells: "A disciplined investor is a wealthy investor" |
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Keep this counter for a while. It will bring you multi fold returns. Use to be more than $1. Cheers   |
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SgTrader17
Elite |
08-Sep-2016 15:48
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I bought Vard at 26cts.
Never average down. But still holding on to it. Cos I am confident of its parent COY. The previous Low of 13cts see it rebounded back to 18cts. Maybe this time will also hit Accumulate slowly. Good luck to all. |
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NoMoney
Master |
08-Sep-2016 15:39
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funny noone talking about this liao... it decided to move away from 13.5cents |
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Wilsontay
Member |
04-Sep-2016 22:41
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Vard' s debt is vessels construction related, it has no bonds.  Its recent drop on 1 Aug 16  is due to a  local brokerage  (UOBKH) removed Vard from its marginable list following the release of its result, and restricted its online trading. Other brokerage firms (like CIMB Securities) also followed suit to reduce the  maximum  margin amount  given  to Vard. Think this has resulted  in a short-term squeeze on Vard.  On the other hand, Vard has been winning contracts. They are quite aggressive to increase their orderbook following a switch to build cruise ships.       |
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sheerluck
Supreme |
01-Sep-2016 15:43
Yells: "Work for your money first then let your money work for you" |
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VARD has been stuck in this 13-14cts range for a long time.  Now coming to test 13cts. Interestingly, even though SJers here preceive VARD' s mgmt as one of the more capable group among SGX-listed OSV builders, it got reported short activities almost every day in 2016 so far.  This appears strange to me as compared to Nam Cheong, VARD build with contract and is diversing into other vessel type. So how' s VARD compared to Nam Cheong in quality and ratios? - VARD build with contract, Nam Cheong has load of vessel build without contracts in their BTS programme. - VARD is diversing into other vessel type while Nam Cheong is still in OSV. - VARD net gearing is 2.7x compared to NC' s 1.1. - VARD  current ratio  is 1.0x compared to NC' s 2.4. Quality of mgmt wise, VARD appears better.  Fin ratios wise NC appears better. |
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sriramanv
Master |
01-Sep-2016 15:36
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this is showing better than noble...in terms of price stability, turnaround etc., i am transferring my noble money to here... |
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Longtermer
Elite |
26-Aug-2016 21:07
Yells: "A disciplined investor is a wealthy investor" |
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  Great to see Vard getting more deals. Good results should come next. Follow by share price sharply up i hope. All the best to all onboard.!   :)   |
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1oopls
Master |
26-Aug-2016 20:13
Yells: "I love my evil cute cute darling" |
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Great Singapore Sale in bad economy , so lucky to be picking stocks in times like this.  |
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1oopls
Master |
26-Aug-2016 20:10
Yells: "I love my evil cute cute darling" |
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Wow good news. When Fed news out , load when it drop further.. |
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Qanghoo
Supreme |
26-Aug-2016 18:12
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Great, thx brother.  It  certainly appears to be making progress towards turning around as some of us were hoping, speculating n even believing.  Fingers crossed that 1-2 yrs time can be back to 50c. 
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sriramanv
Master |
26-Aug-2016 17:43
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announcement 2 contracts win... better than noble for turn-around
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sriramanv
Master |
24-Aug-2016 13:32
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This seems better than noble.. price is more stable and chances of turn-around is better in long-term |
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Qanghoo
Supreme |
23-Aug-2016 09:29
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I agree with u.  Especially with the introduction of the 100-share lots, it' s in fact helping the chng kays more n killing liquidity faster.  But they will never change once they' ve introduced something until they realise, too late, that the room is completely empty.  Anyway,  I' m waiting for 12c next  before venturing in again.  I believe long run, it' d be up again.  But for now, good to sideline for a while.   
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moron101
Supreme |
23-Aug-2016 07:51
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Very quiet stock.. But a lot of ikan bilis 0.1 lot i-traders working very hard day & night to depress the price daily.. Bad for the world class exchange.. Sideline first.. | ||||
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