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seanpent Supreme	29-Jul-2016 16:31        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	Time for DBS CEO to speak out ? jayarumah      ( Date: 29-Jul-2016 16:30) Posted: What is SGX doing all these while ? What is new CEO doing ? If SGX has been doing a lot, will this happen ? Change CEO still the same old system i feel Maybe that european CEO was better..at least cuter ? :)
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jayarumah Master	29-Jul-2016 16:30        jayarumah About Contact  Quote this Post!
x 0   x 0  Alert Admin	What is SGX doing all these while ? What is new CEO doing ? If SGX has been doing a lot, will this happen ? Change CEO still the same old system i feel Maybe that european CEO was better..at least cuter ? :)
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seanpent Supreme	29-Jul-2016 16:25        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	sad to see the market in this manner.  wondering if there is any insider shorting ?  will there be an investigation ? whylikethat      ( Date: 29-Jul-2016 11:42) Posted: Yes must jail these directors if not many will follow their irresponsible ways! moron101      ( Date: 29-Jul-2016 11:20) Posted: Heard that they will have to answer to court orders if required, even they have already resigned
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sheerluck Supreme	29-Jul-2016 13:30        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Strange that Swiber got US$130mil cash based on Q1 that they cannot repay that US$26mil demand?  Where those cash gone?  If really cannot then I think put together the fat salary and fat fee of the top mgmt and CEO that they happily paid themselves over the years can cover that US$26mil demand?  Maybe still got some loose change to take MRT home. tiancai007      ( Date: 29-Jul-2016 13:02) Posted: This is the reality of life. During the financial crisis in 07/08, top bankers got millions payout and no one get inducted. Only the taxpayers paid for their crimes. So are these directors. The minor shareholders paid for their crime. whylikethat      ( Date: 29-Jul-2016 11:42) Posted: Yes must jail these directors if not many will follow their irresponsible ways!
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edwinjup Supreme	29-Jul-2016 13:21        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Even dbs only mgt to get 50%....shareholders dont expect to get anythings...unless dbs give up.... dead44      ( Date: 29-Jul-2016 12:44) Posted: Swiber liquidate means close company payback debt salary then return $left to sh holder, Sh holder may get more than the last traded px if can sell asset athigher px, If there is a managment buyout event better-- new ent ,__shortreeneed to pay whatever px offered Hope when these happen later pray that oil will be at 60
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dead44 Senior	29-Jul-2016 13:20        dead44 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nta of swiber is higher than that of SGX O & g asset follows px pf oil . When finally sell asset hope it will be 80 for oil
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investshare Supreme	29-Jul-2016 13:08        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	dont forget liquidator charge a fee as well :) pnuklis      ( Date: 29-Jul-2016 13:03) Posted: The Swicer assets are over book valued vis-a-vis current mkt value so it might be nothing left by the time it comes to Share holders to get their turn to get paid. The directors of the company have run away and abandoned the ship to look for greeaner postures elsewhere. If they  can manage to get 20% of its book  value it will be very good?
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pnuklis Master	29-Jul-2016 13:03        pnuklis About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Swicer assets are over book valued vis-a-vis current mkt value so it might be nothing left by the time it comes to Share holders to get their turn to get paid. The directors of the company have run away and abandoned the ship to look for greeaner postures elsewhere. If they  can manage to get 20% of its book  value it will be very good?
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tiancai007 Master	29-Jul-2016 13:02        tiancai007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is the reality of life. During the financial crisis in 07/08, top bankers got millions payout and no one get inducted. Only the taxpayers paid for their crimes. So are these directors. The minor shareholders paid for their crime. whylikethat      ( Date: 29-Jul-2016 11:42) Posted: Yes must jail these directors if not many will follow their irresponsible ways! moron101      ( Date: 29-Jul-2016 11:20) Posted: Heard that they will have to answer to court orders if required, even they have already resigned
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investshare Supreme	29-Jul-2016 12:54        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	but can you choose not to close the position? FATABA      ( Date: 29-Jul-2016 12:41) Posted: Sorry its was base on the last traded value like halt. aro 10.9 if I am not wrong. ken777      ( Date: 29-Jul-2016 12:17) Posted: Free if use CFD to sell and not buy back. Cuz share is worthless mean 0. So you don' t pay something worthless
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pinkowl Supreme	29-Jul-2016 12:47        pinkowl About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	Is it typical for directors to resign at the same hour or day as the company files for liquidation?
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dead44 Senior	29-Jul-2016 12:44        dead44 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Swiber liquidate means close company payback debt salary then return $left to sh holder, Sh holder may get more than the last traded px if can sell asset athigher px, If there is a managment buyout event better-- new ent ,__shortreeneed to pay whatever px offered Hope when these happen later pray that oil will be at 60
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FATABA Supreme	29-Jul-2016 12:41        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Sorry its was base on the last traded value like halt. aro 10.9 if I am not wrong. ken777      ( Date: 29-Jul-2016 12:17) Posted: Free if use CFD to sell and not buy back. Cuz share is worthless mean 0. So you don' t pay something worthless FATABA      ( Date: 29-Jul-2016 12:07) Posted: Anyone knows what would happen to those who borrow using CFD to sell.....how can they buy back now ( susp) Or worst SGX also cant order a buying in......this borrowers would have to continue paying interest till the liquidation ends..which can be years ?
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pinkowl Supreme	29-Jul-2016 12:41        pinkowl About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	No need to wait till liquidation process is over to determine that shares is worthless? In the meantime, incur interest rates...? Earlybird, you here? Can you confirm this?  ken777      ( Date: 29-Jul-2016 12:17) Posted: Free if use CFD to sell and not buy back. Cuz share is worthless mean 0. So you don' t pay something worthless FATABA      ( Date: 29-Jul-2016 12:07) Posted: Anyone knows what would happen to those who borrow using CFD to sell.....how can they buy back now ( susp) Or worst SGX also cant order a buying in......this borrowers would have to continue paying interest till the liquidation ends..which can be years ?
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zandlery Supreme	29-Jul-2016 12:40        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	best they pay for shareholder losses too right....haha Just4win      ( Date: 29-Jul-2016 11:47) Posted: Better still, can take out their $ and distribute to those who have suffered under their management ... cannot let them go off too easily.  LOL.. the world is never perfect ! They will just have to live with their own guilt zandlery      ( Date: 29-Jul-2016 11:44) Posted: Freeze their account.....that will do the trick
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ken777 Veteran	29-Jul-2016 12:17        ken777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Free if use CFD to sell and not buy back. Cuz share is worthless mean 0. So you don' t pay something worthless FATABA      ( Date: 29-Jul-2016 12:07) Posted: Anyone knows what would happen to those who borrow using CFD to sell.....how can they buy back now ( susp) Or worst SGX also cant order a buying in......this borrowers would have to continue paying interest till the liquidation ends..which can be years ?
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FATABA Supreme	29-Jul-2016 12:07        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Anyone knows what would happen to those who borrow using CFD to sell.....how can they buy back now ( susp) Or worst SGX also cant order a buying in......this borrowers would have to continue paying interest till the liquidation ends..which can be years ?
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treetops Elite	29-Jul-2016 12:05        treetops About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Moments Today, Memories Tomorrow!"
x 0   x 0  Alert Admin	20 June already happened? The company made separate filings to SGX to announce the resignations of three senior executives. Francis Wong, who was Swiber CEO until June 20, stepped down as executive chairman and vice chairman. Leonard Tay resigned as executive director and chief financial officer, while Nitish Gupta vacated his executive director post.
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Just4win Supreme	29-Jul-2016 11:47        Just4win About Contact  Quote this Post!
x 0   x 0  Alert Admin	Better still, can take out their $ and distribute to those who have suffered under their management ... cannot let them go off too easily.  LOL.. the world is never perfect ! They will just have to live with their own guilt zandlery      ( Date: 29-Jul-2016 11:44) Posted: Freeze their account.....that will do the trick
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zandlery Supreme	29-Jul-2016 11:44        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Freeze their account.....that will do the trick
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