| Latest Forum Topics / Swissco Hldg |
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Victorious Spirit Self Talk
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RedEye1811
Master |
06-Mar-2015 13:59
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If you can' t tell more then why believe your statement " oil price rebounded because of rig platform closure" . If making a statement back it up with something.
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lifeisgood
Supreme |
06-Mar-2015 13:57
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Dont get me wrong. I like swissco as a company, but I dont concur with the reasons people use to justify its share price movement. Just plain wrong reasoning. 
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lifeisgood
Supreme |
06-Mar-2015 13:52
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  There will be people who trade oil n gas counters based on crude oil price movement. This is a false premise unless it is an upstream exploration and drilling company.  If oil demand exceeds supply, and oil price rise,   and more platforms are being commissoned or restarted to chase higher oil, then good for downstream firms.  If oil demand is less than supply and more platforms are being shut down and rigs cold stacked, and then crude oil rebounded, it does not lead to more business for downstream firms.      |
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tobias_i_d
Senior |
06-Mar-2015 13:49
Yells: "Good technicians don't eat heads and tails." |
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You also need to understand the Swissco business model: http://www.oilpubs.com/oso/article.asp?v1=15552 I believe if they are aware of about to facing financial problems they wouldn' t have increased the divident to 2 cents and there wouldn' t be any insider buying. 
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lifeisgood
Supreme |
06-Mar-2015 13:47
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If you are in Singapore, talk to peple in Kep Fels. They will tell you the real picture. Cant tell you more. 
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tobias_i_d
Senior |
06-Mar-2015 13:46
Yells: "Good technicians don't eat heads and tails." |
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The Saudi oil minister thinks the other way: http://www.bdlive.co.za/markets/2015/03/04/oil-holds-steady-after-saudi-price-increases http://sputniknews.com/business/20150304/1019049017.html
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RedEye1811
Master |
06-Mar-2015 13:44
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Can you clarify - list - the oil rig platforms that have closed down? Just so got up to date info so can keep track.
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lifeisgood
Supreme |
06-Mar-2015 13:41
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Oil price rebounded because of oil rig platforms closure. So less work for all downstream companies, including swissco and all other platform service companies. You need to be aware of this. 
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Qanghoo
Supreme |
06-Mar-2015 13:23
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But oil px seem to have hit a bottom, in fact, climbing more than 10%  up from five-yr low of USD44,  But here the oil stocks  seem either to be still being squeezed  bit by bit day by day.  A real dead mkt here.  Best to quit here n look for better prospects elsewhere.
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tobias_i_d
Senior |
06-Mar-2015 12:14
Yells: "Good technicians don't eat heads and tails." |
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The share price is dictated by the oil price... Oil price up, it moves up, oil price down, it follows. But fundamentally, Swissco is a solid company. Last month there were 4 insider buying its stock. Some more it announced that their divident now becomes 2 cents per share. To all shortists, better change gear and join the party become longists instead.
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Qanghoo
Supreme |
06-Mar-2015 12:10
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Now at least kia a bit.  That day, after result n 2 ct dividend announcement, drop back to 44.  Now inching up again.
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tobias_i_d
Senior |
06-Mar-2015 12:09
Yells: "Good technicians don't eat heads and tails." |
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Who is Robert Chua?
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kokhong
Senior |
06-Mar-2015 11:32
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This one good results but fall. Another undervalued stock to put on watchlist. |
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pnuklis
Master |
01-Mar-2015 10:34
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Robert Chua is having a harty laugh at this company |
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Qanghoo
Supreme |
08-Feb-2015 14:25
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They acquire Scott(ish) n English.  Nothing to do with us.  We are Singaporeans.  HaHa.  just a joke.  Anyway,  first C20 pass control over to the original Swissco.  Now Swissco pass control over to Scott n English.  What' s happening?  Just to conclude on a lighter note again - how does this sound " Swiss(co) is to be re-named Scott n English, listed on the Singapore Exchange."  
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lifeisgood
Supreme |
08-Feb-2015 10:00
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I guess at 70 years of age, it is a good time for Robert to take a break .
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pnuklis
Master |
07-Feb-2015 16:17
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After Robert has left this company it is going in the wrong direction as for as shares are concerned. |
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tobias_i_d
Senior |
04-Feb-2015 09:19
Yells: "Good technicians don't eat heads and tails." |
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noted.. thanks... I' ll check into it.
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lifeisgood
Supreme |
03-Feb-2015 14:51
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Circular dated 30 June 2014 SWISSCO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 200404711D) CIRCULAR TO SHAREHOLDERS in relation to (1) The proposed acquisition of the entire issued and paid-up share capital of Scott and English Energy Pte. Ltd. for a purchase consideration of S$285.0 million to be satisfi ed by the allotment and issue of 452,380,952 Consideration Shares, being a very substantial acquisition and an Interested Person Transaction The % is actually 67% after the RTO. |
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lifeisgood
Supreme |
03-Feb-2015 14:35
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It is from the offer document last year. 
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