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Vard Holdings
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sheerluck
Supreme |
16-Dec-2015 19:26
Yells: "Work for your money first then let your money work for you" |
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Sign of big houses unloading?
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Greatman
Senior |
16-Dec-2015 18:53
Yells: "Be water my friend" |
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Of my trades in vard for the past few weeks, alot of counterparty trade from Goldman, UBS, and credit suisse mostly in the sells. This thing has to go below 20c    |
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sheerluck
Supreme |
16-Dec-2015 17:08
Yells: "Work for your money first then let your money work for you" |
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Wah! Last mintue show real face.
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Qanghoo
Supreme |
16-Dec-2015 10:20
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More likely chng kay having christmas feast here. 
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sheerluck
Supreme |
16-Dec-2015 09:55
Yells: "Work for your money first then let your money work for you" |
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Let see the FY2015 results first.  Expect more shit to come.
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chiawee89
Member |
16-Dec-2015 09:28
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Vard seems strong this morning |
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sheerluck
Supreme |
15-Dec-2015 14:43
Yells: "Work for your money first then let your money work for you" |
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👍 👍 👍
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Qanghoo
Supreme |
15-Dec-2015 13:00
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Haha, u remember Mr Havalange n Mr Thexiara (think his son-in-law or something) too well.  But at least in football we get some good samba, although behind our backs maybe they pass the $$$ around faster than they can string three passes together on the pitch. 
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sheerluck
Supreme |
15-Dec-2015 09:54
Yells: "Work for your money first then let your money work for you" |
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Unfortunately football also very corrupted.  Hm...what else not corrupted.....nothing.
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Qanghoo
Supreme |
15-Dec-2015 09:45
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Yep, they really make the foreign investors suckers.  Hope all foreign investors pull out to teach them a painful lesson.  Then, like our brother said, maybe more profitable to turn all the shipyards into football pitches. 
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pnuklis
Master |
15-Dec-2015 09:41
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Vard is screwed badly in Brazil. The Norwaigeans thought they can milk Brazilian cow easily and in turn got screwed. Same is the case with many pther companies like Keppel and Jurong in Brazil. First the slow down and on top of that the " operation carwash" was a trap for these guys. |
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sheerluck
Supreme |
15-Dec-2015 09:00
Yells: "Work for your money first then let your money work for you" |
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Mgmt did hint about cash outflow for Brazil ops.  Think they are going to bite the bullet for FY2015.
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Qanghoo
Supreme |
14-Dec-2015 21:11
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Brazil has killed a lot of investors, probably including SMM n KC as well (corruption issues aside).  But I think this Vard will reinvent itself, with good parentage.  Before anyone dives in though, perhaps beware of possible cash call which wld likely sink the ship further.  With so much bleeding, this cannot be ruled out. 
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sheerluck
Supreme |
14-Dec-2015 16:49
Yells: "Work for your money first then let your money work for you" |
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Just read their Q3 results.  NOK 950 mil related to Brazilian operation likely to be impaired and report in FY2015.  Like that already hint Brazilian yard is a gone case liao.  Likely to be in net liabilties from this ops.  I think price can go below 20cts no problem. |
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sheerluck
Supreme |
14-Dec-2015 12:25
Yells: "Work for your money first then let your money work for you" |
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By the way, some anal-s(h)yts called for 22cts.  Looks like its wish coming true.  I wondered how many more nails to nail the coffin?  
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sheerluck
Supreme |
14-Dec-2015 12:19
Yells: "Work for your money first then let your money work for you" |
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Indeed, turn all yards into football fields maybe more profittable.
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Qanghoo
Supreme |
14-Dec-2015 12:10
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Yep, looks like a blessing in disguise.  Best to quit Brazil.  Can close all the yards  in Brazil  .... People there can just concentrate on playing football, producing more Peles n  Messis, n sell them on for => 300mil USD n earn their forex from there. 
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sheerluck
Supreme |
14-Dec-2015 11:11
Yells: "Work for your money first then let your money work for you" |
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Might as well.  If not longer term, it will lose more given oil situation.  So not a very bad news really.
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granto
Master |
14-Dec-2015 10:42
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Transpetro terminates two LPG carriers at Vard:  http://splash247.com/transpetro-terminates-two-lpg-carriers-at-vard/ |
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Bon3260
Supreme |
11-Dec-2015 11:05
Yells: "Ooo Ooo Aaa Aaa!" |
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I rmbr, few yrs bk Vard was 1.10+. Now 0.260-0.265. Like dat, how 2 convince new generations 2 invest shares??? Haiz... (' ' ,) Couple of days ago News said oil px oredi hit record low. Few mths later, wld oil px' ll bcm cheaper dan mineral water? Buy when bad news & sell when gd news?   |
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