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Vard Holdings
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teeth53
Supreme |
23-Jul-2013 23:15
Yells: "don't learn through life, learn to grow with life " |
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The 3rd option, is to tap capital market here as a know hub for rising equity. | ||||
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teeth53
Supreme |
23-Jul-2013 23:09
Yells: "don't learn through life, learn to grow with life " |
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Two scenes. Think like owner which one U prefer if owner is v.rich?. 1) price movment up - Owner happi oso... 2) price movement down, owner oso very happi.
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SFGuyRuleZ
Veteran |
23-Jul-2013 23:05
Yells: "You are your own master.." |
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I believe what Bro teeth53 is trying to say is that one of the fears of Fincantieri wanting to make Vard private is dimming buying interest in the market. But if really the case of making Vard private and at this market price now, then die liao lo.. But seriously, all these stuff about making it private or whatsoever is no laughing matter. It's really everyone's guess about why this why that. We really do not know if this is a " dark" attempt for Fincantieri to make it private. Even I find it ridiculous while typing this. But I seriously don't feel this is the case. More like the plunge got really to do with the bad fundamentals of the company recently. Just my opinion.. Very tired of guessing this and that..
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teeth53
Supreme |
23-Jul-2013 23:04
Yells: "don't learn through life, learn to grow with life " |
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Well. thk for putting  so much effort to explained, once again thk Qs  Wish  U huat huat, tml onward SHP Reit's  Nomore@0.900 cts  liao. |
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pineapple123
Member |
23-Jul-2013 22:59
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correct me if im wrong. there is a minimum period of one year before a next privatisation offer can be made.   i think what teeth is implying is that, the parent company can somehow do stuff (eg not paying dividends, remaining ambiguous about future prospects, not providing analysts with any proper guidance for the future (ALL OF WHICH THEY ARE DOING NOW)), so as to keep the stock price so freaking low like now. then, when they are next able to make another privatization offer, with the shares at such a cheap price, the parent company can then afford to buy the company at an even cheaper price, even if they pay a premium to it. for eg, lets say taking the current price at about 0.785, even if they pay a premium at lets say 0.85, it is still so cheap for them. of course, this would be absurd. and i hope it wouldnt happen or many people will be crying. 
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ZeeZee
Member |
23-Jul-2013 22:58
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@Simpsons: Fincantieri's intention was not to privatise the company. Their general offer was made because they acquired more than 51% of the company and the regulations states that the company is to offer the lowest price of which the buyer has purchased this 51%. Right from the start their intention was not to privatise it imo. To me, price reflects markets sentiments and it doesn't mean a good stock with strong fundamentals cant drop beyond a certain price level and I do agree what seems cheap can go cheaper. 
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Simpsons
Master |
23-Jul-2013 22:45
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Cheem leh..got any hint..dun know that it can find in my post..lol..
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Peter_Pan
Supreme |
23-Jul-2013 22:30
Yells: "kopi-o siu dai mai hum!" |
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Looking forward to more contract wins. | ||||
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teeth53
Supreme |
23-Jul-2013 22:24
Yells: "don't learn through life, learn to grow with life " |
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" Til now still do not understand  Y?. gd stk @$1.22 can drop to this lvl" Well, one of the answer u has mentioned n posted  ur-self. Just sharing forum with vested n would be  players.
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Simpsons
Master |
23-Jul-2013 21:31
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Lol..let's continue our stand on this ship..cheong ahh..lol | ||||
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SFGuyRuleZ
Veteran |
23-Jul-2013 21:25
Yells: "You are your own master.." |
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Yeap, that's what I believe too, and I wonder who gave you a thumbs down.. lol. Anyway, congrats to your YZJ!! =)
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warrenbegger
Elite |
23-Jul-2013 21:16
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Vard is not a rubbish company and  so it won't down all the way, When the dust settle, maybe it will rebound to it fair value  :)
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Simpsons
Master |
23-Jul-2013 20:52
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Oh ok..if it is mandatory, then still not so bad. Hopefully fincanteri can resume the dividends payout so can still hold on. | ||||
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SFGuyRuleZ
Veteran |
23-Jul-2013 20:44
Yells: "You are your own master.." |
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If I am not wrong, the mandatory offer is a compulsory SGX regulation. I seriously don't think they have the intention to privatize lo. Or do they? I really do not know..
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Simpsons
Master |
23-Jul-2013 20:41
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Yes. I followed this threads and used to have a lot of supporters but seem that you are the one that still remain positive on it.
Just a question, if a general offer is made and unsuccessful, is there a wait out period before the next go can be made? Since from the start, fincateri intention is to privatise the company.. |
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SFGuyRuleZ
Veteran |
23-Jul-2013 20:37
Yells: "You are your own master.." |
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Cuz from mid of last year until now, speculation has been rife for this counter, starting with STX Group in debt, then the potential takeover from Fincantieri and investors are worried about the new direction of STX OSV, and whether or not the super high dividends will still be paid out.. Then for financial year last Q, profits plunged 80% because of Brazilian yard issue. Then with all the profit guidance and slight unfortunate loss this Q, this counter dived lo.. But I still believe that in the long term and after all the dust settles, Vard will shine.. But for now, I think can hibernate. I am vested also btw. =)
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Simpsons
Master |
23-Jul-2013 20:26
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I do not read too much into charts.
Frankly, until now i still do not understand why a go stock at $1.22 can drop to this level. Now is to wait for a good opportunity to sell batch by batch with minimal loss.. |
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SFGuyRuleZ
Veteran |
23-Jul-2013 20:07
Yells: "You are your own master.." |
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The harami formed today is indeed a reversal indicator but i no longer trust any candle stick pattern for this counter le. Anyway, suppose if there really is a bullish reversal, resistance levels to break would be: 0.79, 0.8, 0.83, 0.835 and 0.865. Breaking 0.865 would most likely see 90 cents or 1 dollar soon.. Let's see how this counter performs tmr.. |
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SFGuyRuleZ
Veteran |
23-Jul-2013 20:01
Yells: "You are your own master.." |
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Thanks.. But I am currently a poor man now.  Cheers!!
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SFGuyRuleZ
Veteran |
23-Jul-2013 19:59
Yells: "You are your own master.." |
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Very well-said.. But when i thought the wind has stopped and set up my sail, a typhoon came and blew me in the opposite direction. Lucky I am resilient enough. lol..
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Cheers!!