Latest Forum Topics /
Vallianz
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Medtecs
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darocupcake
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02-Jun-2016 13:37
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This one in yrs to come i would think it will be another ezion
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zandlery
Supreme |
02-Jun-2016 13:31
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the way u put it I don't think you read the pass year report I guess....doesn't look like what u say......SL | ||||
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sheerluck
Supreme |
02-Jun-2016 13:28
Yells: "Work for your money first then let your money work for you" |
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Guess?  Is this not what they did?
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zandlery
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02-Jun-2016 13:27
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Nevermind.....all is guess here.....mine are guesses.....sheerluck are wild guess......no one know what happen few year down the road.... | ||||
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darocupcake
Master |
02-Jun-2016 13:12
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If you really can guess their gameplan i think you wun be here liao lolx
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sheerluck
Supreme |
02-Jun-2016 13:10
Yells: "Work for your money first then let your money work for you" |
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Happy I am. There is a pattern.  When Swiber debt and recivebale swell untill cannot tahan, offload vessel to Vallianz.  Vallianz take up loan to give Swiber. When vallianz debt and recivebale swell untill cannot tahan, offload vessel to VRIC, VRIC take up loan to give Vallianz. So can truly said Vallianz debt has reduced? Is it something they have used successfully for Swiber-Vallianz and repeating it again here?  
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zandlery
Supreme |
02-Jun-2016 12:44
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agree......but don't think they expand at wrong time.......the way they expand n coincide with charter order received.....I think they know they have demand there in middle east.......so by all mean try to increase their assest......or else no one dare to risk in this oil bear market.
They mention before still bidding for more project
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darocupcake
Master |
02-Jun-2016 11:13
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Let sheerluck happy
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nqing87
Supreme |
02-Jun-2016 11:12
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swelling debt? what i see was decreasing debt leh lol.. they are paying less interest now also.. actually vallianz is one of the stronger charterer with earning visibility.. other like posh, pac rad, all kenna blue black.. vallianz still earning money when others in red, and they are still getting contracts & increasing their fleet when others are downsizing theirs.. downside is they are working for bank now, as with many other oil counters.. they expand at a wrong time i should say..
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sheerluck
Supreme |
02-Jun-2016 11:06
Yells: "Work for your money first then let your money work for you" |
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Vallianz actually not as bad as Swiber in the size of their debts and receivables but is getting there slowly. Tone down abit. Better now?  haha!
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darocupcake
Master |
02-Jun-2016 10:48
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Oh no sheerluck come talk on this stock means its doom
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sheerluck
Supreme |
02-Jun-2016 10:39
Yells: "Work for your money first then let your money work for you" |
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My concern for Vallianz is that it is going down the same path as Swiber.  Swelling debt and receivables. |
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nqing87
Supreme |
02-Jun-2016 00:21
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of course net current assets negative, ' cos most of their assets are vessels, which are accounted under non-current assets.. if want to talk about net current assets being negative, many of our blue chips are also negative, like singtel lol.. but anyway, vallianz is basically working for the bank at this current bad oil market.. 
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zandlery
Supreme |
01-Jun-2016 22:17
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but you are right bout bad sentiment....no one are safe |
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zandlery
Supreme |
01-Jun-2016 22:05
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huh?.......some of them recorded a loss........safer? |
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zandlery
Supreme |
01-Jun-2016 21:44
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Btw the current borrowing have been reduce by 68mil in 1Q2016 compare to full year 2015 Going to keep a lookout for 2Q result to see if it is going into better position....... |
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zandlery
Supreme |
01-Jun-2016 18:29
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that's quite bad if the income is negative......in long run cannot substained which u can see on many oil company....quite common with high debt......
But I see that their debt becos of acquire new vessel which to me translate to income for each one....which utilisation of vessel are high now if report can be trust......I guess mainly due to good exposure to middle east........ They aggressively acquire assest I think they try to increase capacity to handle demand which they foresee business of supply are secure......if in this kind of market....still able to....that's say something in my book..... So back to the debt...ya.....not optimum situation but feel it improving unless multiple cancellation of order........which chances not so high |
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earlybird14
Supreme |
01-Jun-2016 18:02
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5mio profit vs few hundred million debt?
Current net assets value is negative.
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zandlery
Supreme |
01-Jun-2016 17:54
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although I'm vested.....not gonna everyday shouting huat arh......need accept the fact of bad market n believe one day the market will realise it still making money where others don't....... | ||||
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zandlery
Supreme |
01-Jun-2016 17:48
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agree not in a very optimum position.....but can see gearing down and cash flow increasing........expect next few year maintain profit or slight increase........will still survive....in bad market....it still a fighter.......price inching down is demoralising though.........haiz | ||||
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