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Vard Holdings
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sheerluck
Supreme |
21-Jan-2016 16:28
Yells: "Work for your money first then let your money work for you" |
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Wow 12cts-13cts really akan datang...
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sheerluck
Supreme |
21-Jan-2016 16:13
Yells: "Work for your money first then let your money work for you" |
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If you have read up a bit more on VARD, you will know that it is taking more than others but much less what it will be worth.
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jakob.s
Member |
21-Jan-2016 16:06
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Why is vard tanking so much more than others? |
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Qanghoo
Supreme |
20-Jan-2016 17:06
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I Koreans pull a real fast one.  At least we get to see one case ang moh out-manoeuvred.
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taxiuncle
Veteran |
20-Jan-2016 16:56
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The korean are very smart to sell away..... |
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sheerluck
Supreme |
18-Jan-2016 15:23
Yells: "Work for your money first then let your money work for you" |
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Really tanked below 20cts.....Parent coy still don' t want to take over?  Maybe they also waiting for VARD to clear the non-profitable committments from brazilian yards....Poor thing, parents also ganna trapped.... I was expecting price tanked below 20cts on FY15 becos of impairment and cashflow.  Now have to lower expectation to 12-13cts.......Still given heavy loss-mkaing expected, this range is overly opti liao......Gd luck man!
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sheerluck
Supreme |
24-Dec-2015 13:58
Yells: "Work for your money first then let your money work for you" |
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Ha!  Merry X' mas to all!
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sheerluck
Supreme |
24-Dec-2015 09:57
Yells: "Work for your money first then let your money work for you" |
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Must be mgmt all on leave for X' mas.  Maybe announce after NY. For a listed coy their priorites are in this order: - mgmt own pocket - mgmt holiday - borrowers interest - major shareholders interest - minority - will be very nice when need to ask them for money but when got their money, shut door right in front of their faces.
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chongpin
Senior |
24-Dec-2015 09:41
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Can' t find the disclosure announcement in SGX ?
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sheerluck
Supreme |
23-Dec-2015 18:02
Yells: "Work for your money first then let your money work for you" |
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You really nimble.
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Bon3260
Supreme |
23-Dec-2015 17:06
Yells: "Ooo Ooo Aaa Aaa!" |
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Bot bk 0.265. Earned 0.010 coffee monies. Better dan dun hv... (' ' ,)
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Bon3260
Supreme |
23-Dec-2015 14:12
Yells: "Ooo Ooo Aaa Aaa!" |
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Tis type of behaviour, expecting bad news cming. (' ' ,)
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jacktan77
Member |
23-Dec-2015 13:08
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No wonder CFO jump ship ... :( tough to navigate the options. Not easy for the various issues on hand |
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sheerluck
Supreme |
23-Dec-2015 12:47
Yells: "Work for your money first then let your money work for you" |
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The problem with Vard now is that they have ship building in their Brazillian yard till 2018.  This leaves 2-3 years of continuous uncertainties because of the need to do 2-3 years of crisis management for those Brazilian yards. I wonder if their parent coy is interested in a takeover since price are pretty cheap for them in comparison to what they paid before.  However, one possible scenario is that the parent coy left it listed and take some advantages of the SG capital market to rise cash.  Then used those investor money to clear mess and then still report poor results and let price tank until no tomorrow and then initiate a takeover.  Could really be after that 2018.....
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jacktan77
Member |
23-Dec-2015 12:30
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Wonder how much is the net cash available minus what is require for working capital to run the yards. Wonder if the USD construction loan for Brazil Promar, what is the options available to repay it? All the vessels in the yard is like running losses. question is how much continue to lose...:( like endless hole.. :( |
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sheerluck
Supreme |
23-Dec-2015 09:57
Yells: "Work for your money first then let your money work for you" |
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VARD could be a gem before their 2012 Brazil issue.  VARD could be a gem after their 2018 Brazil issue.
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Benjamin_29
Member |
23-Dec-2015 09:47
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Vard is a gem if not for those investments in Brazil which on hindsight  are now a bad move. But price could have bottomed |
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Bon3260
Supreme |
23-Dec-2015 09:33
Yells: "Ooo Ooo Aaa Aaa!" |
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Shorts Sell 0.275. Will buy bk late aftnoon... (' ' ,) |
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sheerluck
Supreme |
23-Dec-2015 09:11
Yells: "Work for your money first then let your money work for you" |
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BB pumped high enough to unload to others liao.  They are repeating this trick to all E& P and offhshore marine coy.  |
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pnuklis
Master |
22-Dec-2015 17:15
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What has happened is Brent has gone up very little and WTI has up more! This is not the end! wait till it goes below 30 then you can pick up Ezion at 55 cents.  |
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