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Pacific Radiance Turning Bullish.See Chart. Post Reply Rate topic
Jimmykohkk Master	03-Mar-2015 20:25        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	opps.. predict wrongly. Close 70.5 cents. Sentiment very bad. Anyway some news.   PACIFIC RADIANCE LTD. COMPANY REGISTRATION NO. 200609894C JOINT VENTURE BY WHOLLY-OWNED SUBSIDIARY WITH DUTA MARINE SDN. BHD. The Board of Directors of Pacific Radiance Ltd. (the " Company" ) wishes to announce that its wholly-owned subsidiary, Alstonia Offshore Pte. Ltd. (" Alstonia" ), has on 3 March 2015 entered into a Joint Venture Agreement with Duta Marine Sdn. Bhd. (" Duta Marine" ) to jointly incorporate a company to be named " Duta Radiance Maritim Sdn Bhd" (" JV Company" ) in Malaysia. Under the terms of the Joint Venture Agreement, Alstonia and Duta Marine respectively will hold 49% and 51% equity interest in JV Company. The JV Company intends to be engaged in the ship owning, operating, management and chartering of marine vessels. The investment in the JV Company will be funded through internal resources and is not expected to have any material impact on the Company' s net tangible assets and earnings per share of the Company for the current financial year. None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the aforesaid joint venture save for their shareholdings in the Company. By Order of the Board of Pacific Radiance Ltd. Loo Choo Leong Group Finance Director 3 March 2015 The initial public offering of Pacific Radiance Ltd. was sponsored by United Overseas Bank Limited and UOB Kay Hian Private Limited (the " Joint Issue Managers" ). The Joint Issue Managers assume no responsibility for the contents of this announcement. VeryNewcomer      ( Date: 03-Mar-2015 15:10) Posted: During the global financial crisis, everyone said not to touch the banks because they will collapse. After the crisis is over, everyone said I should have bought during the crisis. During the Mexican gulf oil spill crisis, everyone said not to touch BP because it will collapse. After the oil spill, everyone said I should have bought BP. During every crisis, there will be winners and losers. It' s important to pick only the best companies, making good profits and having lots of cash. You can have high debt (of course preferably put to good use), but you must never run out of cash. In the current oil crisis, Ezion, Pacific Radiance, Nam Cheong, Keppel Corp & Sembcorp are head and shoulders above the rest by a large margin.
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VeryNewcomer Member	03-Mar-2015 15:10        VeryNewcomer About Contact  Quote this Post!
x 0   x 0  Alert Admin	During the global financial crisis, everyone said not to touch the banks because they will collapse. After the crisis is over, everyone said I should have bought during the crisis. During the Mexican gulf oil spill crisis, everyone said not to touch BP because it will collapse. After the oil spill, everyone said I should have bought BP. During every crisis, there will be winners and losers. It' s important to pick only the best companies, making good profits and having lots of cash. You can have high debt (of course preferably put to good use), but you must never run out of cash. In the current oil crisis, Ezion, Pacific Radiance, Nam Cheong, Keppel Corp & Sembcorp are head and shoulders above the rest by a large margin.
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Jimmykohkk Master	03-Mar-2015 15:02        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sellers getting lesser. From > 100s lots down to below 100. I think BBs collected enuf.. Now is only way up.. let see whether i am correct.. Tomorrow will go back to 73-74.. Today will end up 72.
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Jimmykohkk Master	03-Mar-2015 14:02        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	oil start to climb again.. time to buy pacific radiance .. at almost it' s record low of 70 cents (when oil was $45).
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Jimmykohkk Master	02-Mar-2015 09:14        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	pacific radiance is at almost historical low .. so why not ride along with the analyst and let them help us push up the share price until > $1 ..  I bet with u when the share price > $1, they will have a higher target price of $1.50. So when share price hits > $1, and they issue another higher target price, then is time for us to sell. So ride along with the analysts lo.. Jimmykohkk      ( Date: 02-Mar-2015 09:11) Posted: u see har.. when analyst talk up a share, giving high target price  when the share price is already  quite  high, is dangerous.. becos it means they want u to buy, so that they can offload.. When analyst talk up a share when the share price is at almost historical low...it means they have collected and want u to help push the share price higher, until high even for them to give another talk up another higher target price  and then dump :)
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Jimmykohkk Master	02-Mar-2015 09:11        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	u see har.. when analyst talk up a share, giving high target price  when the share price is already  quite  high, is dangerous.. becos it means they want u to buy, so that they can offload.. When analyst talk up a share when the share price is at almost historical low...it means they have collected and want u to help push the share price higher, until high even for them to give another talk up another higher target price  and then dump :)
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Jimmykohkk Master	02-Mar-2015 08:54        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	yup.. agree.. but personally i think pacific radiance is a good bet.. :)   stockhero      ( Date: 02-Mar-2015 08:52) Posted: I think most bros would agree with me that we should not read too much into analysis report and price target. Jimmykohkk      ( Date: 02-Mar-2015 08:45) Posted: http://research.dmg.com.sg:9898/UploadPDF/SG_Pacific%20Radiance_4Q%20Results%20Review_20150227.pdf DMG report has a price target of $1.24..
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stockhero Veteran	02-Mar-2015 08:52        stockhero About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think most bros would agree with me that we should not read too much into analysis report and price target. Jimmykohkk      ( Date: 02-Mar-2015 08:45) Posted: http://research.dmg.com.sg:9898/UploadPDF/SG_Pacific%20Radiance_4Q%20Results%20Review_20150227.pdf DMG report has a price target of $1.24..
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stockhero Veteran	02-Mar-2015 08:51        stockhero About Contact  Quote this Post!
x 0   x 0  Alert Admin	One of the main problems with high debt is the high financing cost which will reduce profit. However, the profit performance of Ezion is awesome considering the current external factors. Besides, what is the point of having a lot of cash and zero debt when the company is making little profit. halleluyah      ( Date: 02-Mar-2015 08:39) Posted: ezion debt is vry high if were to compare to tis bugger stockhero      ( Date: 02-Mar-2015 08:22) Posted: but dun you think that companies like Ezion would be a better bet given its strong fundamentals?
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Jimmykohkk Master	02-Mar-2015 08:45        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://research.dmg.com.sg:9898/UploadPDF/SG_Pacific%20Radiance_4Q%20Results%20Review_20150227.pdf DMG report has a price target of $1.24..
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Jimmykohkk Master	02-Mar-2015 08:42        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes.. pacific radiance debt ratio is now 0.52.. they are reducing the debts aggressively. good sign halleluyah      ( Date: 02-Mar-2015 08:39) Posted: ezion debt is vry high if were to compare to tis bugger stockhero      ( Date: 02-Mar-2015 08:22) Posted: but dun you think that companies like Ezion would be a better bet given its strong fundamentals?
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halleluyah Supreme	02-Mar-2015 08:39        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	ezion debt is vry high if were to compare to tis bugger stockhero      ( Date: 02-Mar-2015 08:22) Posted: but dun you think that companies like Ezion would be a better bet given its strong fundamentals? Jimmykohkk      ( Date: 01-Mar-2015 13:05) Posted: I like to buy companies whose share price has been beaten down by alot not due to it' s internal problem but due to external problem out of it' s control. So counters like Pacific Radiance, share price has dropped more than half due to drop in oil price and not becos of anything wrong with the company. So when oil price recovers, share price will likely to recover.  (although oil may not recover, then the most share price drop to 70 cents if oil hits low of  $45 again. But for oil to remain oil for more than a few years, chance is quite slim). But if u buy companies that share price has dropped due to it' s own internal problem like not able to bring the costs down,  owing  huge loans  etc, then is very risky. I can name one such company :  Swee Hong. So if oil price recovers, most likely  pacific radiance will recover to it' s peak of > $1.50, while i dun think swee hong can recover  even if oil recovers.
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stockhero Veteran	02-Mar-2015 08:22        stockhero About Contact  Quote this Post!
x 0   x 0  Alert Admin	but dun you think that companies like Ezion would be a better bet given its strong fundamentals? Jimmykohkk      ( Date: 01-Mar-2015 13:05) Posted: I like to buy companies whose share price has been beaten down by alot not due to it' s internal problem but due to external problem out of it' s control. So counters like Pacific Radiance, share price has dropped more than half due to drop in oil price and not becos of anything wrong with the company. So when oil price recovers, share price will likely to recover.  (although oil may not recover, then the most share price drop to 70 cents if oil hits low of  $45 again. But for oil to remain oil for more than a few years, chance is quite slim). But if u buy companies that share price has dropped due to it' s own internal problem like not able to bring the costs down,  owing  huge loans  etc, then is very risky. I can name one such company :  Swee Hong. So if oil price recovers, most likely  pacific radiance will recover to it' s peak of > $1.50, while i dun think swee hong can recover  even if oil recovers.
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Jimmykohkk Master	01-Mar-2015 13:05        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	I like to buy companies whose share price has been beaten down by alot not due to it' s internal problem but due to external problem out of it' s control. So counters like Pacific Radiance, share price has dropped more than half due to drop in oil price and not becos of anything wrong with the company. So when oil price recovers, share price will likely to recover.  (although oil may not recover, then the most share price drop to 70 cents if oil hits low of  $45 again. But for oil to remain oil for more than a few years, chance is quite slim). But if u buy companies that share price has dropped due to it' s own internal problem like not able to bring the costs down,  owing  huge loans  etc, then is very risky. I can name one such company :  Swee Hong. So if oil price recovers, most likely  pacific radiance will recover to it' s peak of > $1.50, while i dun think swee hong can recover  even if oil recovers.
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Jimmykohkk Master	01-Mar-2015 12:57        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	u forgot a very important event. Europe launching QE starting this month. :) victortan      ( Date: 01-Mar-2015 12:39) Posted: Why I said she is chun is that oil remain around this $48 to $49 like she said, and if this level remain here for a while it would be like a spring hold down long enough , if let go will jump skyward. I think very possible. Now China cut rate and US rig count is down too. And news say OPEC may meet to cut output. All this are positive for crude oil victortan      ( Date: 01-Mar-2015 12:27) Posted: I read from valuebuddies that one guy/gal said authentically that oil will reach $65 , before it go to a low of $35. I see she is quite chun so far as she forcast oil.    http://www.valuebuddies.com/thread-5541-page-54.html
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victortan Elite	01-Mar-2015 12:39        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why I said she is chun is that oil remain around this $48 to $49 like she said, and if this level remain here for a while it would be like a spring hold down long enough , if let go will jump skyward. I think very possible. Now China cut rate and US rig count is down too. And news say OPEC may meet to cut output. All this are positive for crude oil victortan      ( Date: 01-Mar-2015 12:27) Posted: I read from valuebuddies that one guy/gal said authentically that oil will reach $65 , before it go to a low of $35. I see she is quite chun so far as she forcast oil.    http://www.valuebuddies.com/thread-5541-page-54.html
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victortan Elite	01-Mar-2015 12:29        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	A pretty girl call YewKim, hehehe. Wish she is right, then oil and gas counter like Ezion will soar. vested. victortan      ( Date: 01-Mar-2015 12:27) Posted: I read from valuebuddies that one guy/gal said authentically that oil will reach $65 , before it go to a low of $35. I see she is quite chun so far as she forcast oil.    http://www.valuebuddies.com/thread-5541-page-54.html
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victortan Elite	01-Mar-2015 12:27        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I read from valuebuddies that one guy/gal said authentically that oil will reach $65 , before it go to a low of $35. I see she is quite chun so far as she forcast oil.    http://www.valuebuddies.com/thread-5541-page-54.html
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Jimmykohkk Master	01-Mar-2015 10:46        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	1) China just cut interest by 0.25 basis 2) Europe going to launch QE this month ==> Oil will recover and I 100% sure Pacific Radiance will get back to 90 cents at least in another 3-6mths time. IF NOT, I WILL QUIT THIS FORUM!!!
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pnuklis Master	01-Mar-2015 10:31        pnuklis About Contact  Quote this Post!
x 0   x 0  Alert Admin	Honeymoon is over
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