| Latest Forum Topics / Swiber |
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The next chapter
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Macqueen
Master |
25-Jul-2016 12:18
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Think will further down to 10 cent.very Jia lat liao
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sheerluck
Supreme |
25-Jul-2016 12:09
Yells: "Work for your money first then let your money work for you" |
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Less than 300k lots of sell down can clear all the buy queue.  How did Swiber come to this stage?  Swiber kaki suay hor liao but suay Valiianz hor! |
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swv001
Member |
25-Jul-2016 09:48
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Swiber has not answered SGX' s query? When is the latest date/time to answer by policy? |
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moron101
Supreme |
22-Jul-2016 16:45
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Could be train instead of vessel? Reporter in china has mistaken a train as a vessel?
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sheerluck
Supreme |
22-Jul-2016 15:01
Yells: "Work for your money first then let your money work for you" |
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We must be looking at the same one.  That 2015 is the latest position they know.
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swv001
Member |
22-Jul-2016 14:53
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Can you please send me the link of this vessel' s current location?   I can only see the location of this vessel of year 2015.
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FATABA
Supreme |
22-Jul-2016 14:28
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U got a good  and interesting point . Do seem that some party is willing to buy up at low . Only wonder they mus hae resourse to gather to 50% ,,,,and more so find a party willing to buy over. Advantage is to them as they know well the true book value.
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sheerluck
Supreme |
22-Jul-2016 14:18
Yells: "Work for your money first then let your money work for you" |
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Google really anything can find.  You google " current location of Swiber' s vessel Kaizen 4000" . It shows the vessel on sea next to SuZhou.
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swv001
Member |
22-Jul-2016 13:40
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Swiber told Business Times(BT) on 20/07/2016 that  it does not have any vessel being detained in China. We see how Swiber answer SGX' s query on this vessel status next Monday. See whether they said the truth.
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moron101
Supreme |
22-Jul-2016 13:22
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Mgt has to work OT over weekend. They have up to nxt monday to reply. They burn their weekend liao. Shd be moody now..
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sheerluck
Supreme |
22-Jul-2016 13:15
Yells: "Work for your money first then let your money work for you" |
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I see.  So that' s what they are trying to do.
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swv001
Member |
22-Jul-2016 13:08
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Swiber has not answered the query raised by SGX yesterday night? |
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swv001
Member |
22-Jul-2016 12:48
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But in such a way, they can only be  millionaire, can not be billionaire. If they raise the owning % to lets say 50%, and when the share price goes up to be P/B=5(now P/B< 0.1) and sell the whole stake, then they become  billionaire.
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sheerluck
Supreme |
22-Jul-2016 11:10
Yells: "Work for your money first then let your money work for you" |
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Delisting means smaller access to capital.  If Swiber is confident that its business ops (with losses) can service its liabilities and huge debt of US$1bil and its assets can fetch what they record in their book (EZRA sell asse(t)s with at least 33% discount!), they should privates it. If not they better stay listed so they can hold their shareholders hostage by raising cash from their pocket and continue to get fat pay and continue to dilute the company. Even if the coy goes belly up, the bank account of these mgmt will be fat with millions of dollar.  So why delist when their bank account can get fatter each passing day at other else expenses. |
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swv001
Member |
22-Jul-2016 10:54
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Currently the Swiber' s 2 key persons own around 18%, PangYM owns 10%+. At current very very low price(P/B < 0.1), does it provide a very good opportunity for them to increase their owning % by giving a general offer lets say S$0.30 or even privatization? |
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FATABA
Supreme |
22-Jul-2016 10:39
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Do you mean that BB are pushing this counter down and collecting....PLAN to take it private. ( as bk value over a $1)   Possible and its gain for them
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swv001
Member |
22-Jul-2016 10:33
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Is it that Big players drilled Swiber share very deep from 180 to 130, in order to get things from forced sellers, but they found nothing?   Wasted? |
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swv001
Member |
22-Jul-2016 10:23
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How to find the current location of Swiber' s vessel Kaizen 4000 ? |
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sheerluck
Supreme |
21-Jul-2016 21:32
Yells: "Work for your money first then let your money work for you" |
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Love to but is SuayBo madagment job.  Even though their work give no profit but at least let them do more work lah.  If not all those salary even more wasteful leh.
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moron101
Supreme |
21-Jul-2016 21:04
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Can help sweeblur to answer those queries on nor? Don't think they are tough to answer. Look simple.. you can provide better answers lah..
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