| Latest Forum Topics / Vallianz Last:0.056 -- |
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Will it Break 10cents again???
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darocupcake
Master |
28-Jul-2016 14:08
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I wonder how many lots were short with this news from swiber. Will there be short covering later?
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darocupcake
Master |
28-Jul-2016 14:04
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Yes i agree with you on that
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zandlery
Supreme |
28-Jul-2016 13:57
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if vallianz could survive the impact......in long run might not be a bad thing to cut ties with swiber as now their main clientele are at middle east.....
take it as a new blood change......if it survive at the first place........ |
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RedEye1811
Master |
28-Jul-2016 13:49
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Not certain if investment market can wait for management to release the Q2 results. A pivotal downfall of Swiber this month was the tardy disclosure of items, and the contempt shown by management in thinking disclosures not warranted. It another case study of Noble with questionable and lax disclosures. Vallianz management needs to really step up to plate early with aim of winning confidence of investors and give reassurance to try and give some level of stability. If there are any questions about things they need to bit bullet and communicate with investors. If they stay silent then this could drive in a death nail. So whilst Q2 results be nice, may be prudent for management to get ahead of the curve and address anything questionable first. Just a view. 
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zandlery
Supreme |
28-Jul-2016 13:43
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what we worried is that Swiber owe vallianz money in book or loan to vallianz.......if normal times.....result maintain are awesome but now.....haha
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zandlery
Supreme |
28-Jul-2016 13:41
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not sure bout pass year but these 2 year seldom see vallianz register vessel involve in Swiber project......maybe due to bad credit......
So the impact of receivables from them cannot be say for sure..... don't think now I say all these they will find me trouble...haha....they have bigger problem... |
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darocupcake
Master |
28-Jul-2016 13:40
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Result should be more or less same as last Q. No new project awarded so dun expect too much of a good result
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Winlost
Veteran |
28-Jul-2016 13:39
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Will Vallianz follow Swiber to close shop too> ? |
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zandlery
Supreme |
28-Jul-2016 13:21
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to be honest my stake not low.....not all my egg though..my ball made of aluminium....haha....not steel but still durable..haha....now swiber close shop.....Q1 result can't be use as reference anymore.....that's what I think......only future result can tell where it is going.... but can expect more turbulence coming...
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sheerluck
Supreme |
28-Jul-2016 13:13
Yells: "Work for your money first then let your money work for you" |
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I think your stake not high so you so calm not kancheong.  Vallianz AR has loads of information for you to use.  Combine with their Q1 result, you can form a picture (warning first: material is not suitable for anyone with a weak heart as it is very gore and brutal, you have been warned!).
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zandlery
Supreme |
28-Jul-2016 12:20
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thanks for the consideration...haha....now that is good sheerluck....
that's why gotta look at coming result......not sure they will reflect on this coming result or will roll over to next one..if later not sure what kind of shit storm will stir.....never encounter bankruptcy before quarter result coming...... Hope for the best but prepare for the worst
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sheerluck
Supreme |
28-Jul-2016 12:14
Yells: "Work for your money first then let your money work for you" |
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Let you off becos I know you lose some money here.  But an advise, pls check if Swiber got extend any loan to Vallianz.  Debtors will recover any outrstanding load Swiber gave out and whatever receiveables in Swiber' s book to cover their loan to Swiber.  Vallianz didn' t go down becos it hapened to be in the O& G sector.
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zandlery
Supreme |
28-Jul-2016 11:48
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now that is 风 凉 话 ........
anyway.....still vested.....see how it steer from here..... damage had been done anyway. No point panic and conclude the loss........now as usual.....all kind of unclarify info start flying around...shorties assembled ........now gonna wait for the coming result and see what's going on.....
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tankookoo
Master |
28-Jul-2016 11:44
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  compliance with Chapter 9 of the SGX-ST Listing Manual (Section B: Rules of Catalist), there were no transactions with interested persons for the year ended 31 December 2015 which exceeds the stipulated threshold except as disclosed below: Name of interested person Aggregate value of all interested person transactions during the financial period under review (excluding transactions less than S$100,000 and transactions conducted under shareholders&rsquo mandate pursuant to Rule 920) Aggregate value of all interested person transactions conducted under shareholders&rsquo mandate pursuant to Rule 920 (excluding transactions less than S$100,000) Chartering services provided by the Group Swiber and its subsidiaries Nil US$9,279,408 Marine brokerage services provided by the Group Swiber and its subsidiaries Nil US$3,341,859 Ship management services provided by the Group Swiber and its subsidiaries Nil US$57,807,208 Shipyard, Engineering, Fabrication Services and Facilities services provided by the Group Swiber and its subsidiaries Nil US$10,133,641 Chartering services provided to the Group Swiber and its subsidiaries Nil US$2,844,389 Corporate services provided to the Group Swiber and its subsidiaries Nil US$384,000 Rawabi Holdings Co Ltd Nil US$539,517 Other Swiber and its subsidiaries US$5,936,800 Nil |
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sheerluck
Supreme |
28-Jul-2016 11:34
Yells: "Work for your money first then let your money work for you" |
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Adik:  Abang even though we are earning millions salary I still not satisfy.  How can we double it in double quick time? Abang:  So simple.  We sprung off one of our sub and create another board.  We all sit on it.  Pay x2 instantly!!!! And so came V. So what if business fails.  Multi-million dollar pay accumulated over the years in bank account can retire to take care of health liao lor. This is the truly 100% guarantee get rich quick scheme and is absolutely protected by the law.
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RedEye1811
Master |
28-Jul-2016 11:15
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Agree. Concern is some old Swiber guard there, and they have spun of material from the books to JV. However, if the pain of seeing Swiber going under drives them to get away from old ways then great but if they bury heads in sand and follow old ways then Swiber II. So key is how they react. History need not repeat if they change path if the demise of Swiber scares them to act. But will they is a mystery to be answered. Probability may suggest higher likelihood of heading forward with heads in sand but they may also act. The future is still to be made. |
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sheerluck
Supreme |
28-Jul-2016 11:06
Yells: "Work for your money first then let your money work for you" |
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Half of Vallianz board comes from Suaybo.  Swiber sprung off Vallianz.  Vallianz sprung off RVIC by transferrring asset and debts into the new JV.  Deja Vu.  
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RedEye1811
Master |
28-Jul-2016 10:46
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At moment liqidators for Swiber probably dumping shares in Vallianz ASAP to try and get some cash in the bank to at least pay themselves... |
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treetops
Elite |
28-Jul-2016 10:44
Yells: "Moments Today, Memories Tomorrow!" |
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Maybe you can consider to sell your position since you got at 0.019. Place some kopi $$ in pocket first at 0.022
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moron101
Supreme |
28-Jul-2016 10:32
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Share buy back activated by directors liao.. watch out ur kopi monies. Don't later see ur kopi being poured down to drain horr.. | ||||
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