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Vard Holdings
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calvino
Member |
11-Aug-2016 22:22
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U serious vested in this likely ended like Swiber sorry state stock? Its  (D/E:415%) is super far  more worse than Swiber (D/E:190%).
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GodOfTrader
Senior |
11-Aug-2016 21:47
Yells: "LET YOUR IGNORANCE BE SHOWN TOMORROW!" |
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Fire Dragon Eat Medicine (火 龙 吃 药 )    Prediction (Vard) 8 Aug- Vard ($0.136)  - I predict that Vard will continue to  fall to  at least  $0.134/ less within 2 working days  due to weak demand in oil & gas sector. 9 Aug-  Public Holiday 10 Aug-  Vard    ($0.135)  - Dropped by $0.01 11 Aug-   Vard    (Closed $0.133)  -  Prediction Fulfilled and Ended, in 2 working day (Perfect Closing Price & Time) http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=16560& searchString=& msgbdName=Others& topicTitle=Prediction(Sino%20Grandness,Vard,RH%20Petrogas%20& Ezion) As requested by: SgTrader17 (Date: 09-Aug-2016 00:16) Posted:    Go eat medicine lah.    When asked you about NOL during that time, most of the time you mentioned was ' sky aeroplane cannot be revealed' (天 机 不 可 泄 漏 ) 。     If you so clever, so smart, give a realistic time frame and target price.    Wait till Sun, Earth, Human factors to gather and then right time,  I also know in theory.    When NOL shares stucked at 70cts, your mouth also stucked for quite some time.    Lmao. http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=14951& searchString=& msgbdName=Cosco& topicTitle=Cosco%20(S)%20...%20%20%20.....%20POTENTIAL%20...%20..Multi-BAGGER |
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Longtermer
Elite |
11-Aug-2016 16:50
Yells: "A disciplined investor is a wealthy investor" |
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  Wow, stock price is so attractive now. NAV 0.49c. Current price 0.132c. A good specialised ship building company with an excellent turn-around story diversifying into many different marine segments showing good orders intake last 2 quarters. Mgtm indicated that more orders are forthcoming which will give more earning visibilty for the next few years.  With their troubled Brazilian yard out of the picture, I believe the margin should improve. With Ah gong holding 51plus %, there is very strong active support and cooperation to ensure its success. This one is one of the better bet. Vested. DYOD. Cheers.     |
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Qanghoo
Supreme |
06-Aug-2016 22:17
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I' m not trying to protect the coy.  But I think we do realise once u are in, might be hard to quit.  There are contractual obligations, employee interests, etc to consider.  Say, just say, they had quitted.  Wld they have suffered heavier losses?  Might they have been unable to complete a vessel, or vessels, for customers on time?  Might they have been blacklisted by the country?  Might they have left employees to suffer in the cold, n so risk being branded heartless by employees or even human rights orgs, etc?  So, perhaps, just perhaps, they cldn' t n not didn' t want to  quit. 
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Qanghoo
Supreme |
06-Aug-2016 22:09
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Brother, I' m still puzzled by the sudden px collapse last wk.  That' s why I am very critical of the way the local ' change management supervise the mkt.  True, caveate emptor as always.  But it' s different from tacit licensing of manipulation.  But I' m very tempted to jeep now. 
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NoRiskNoGain
Veteran |
06-Aug-2016 21:33
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Well guys, just a note of caution that low can get lower and in this sense my view is that the current management had not been protecting shareholder interest, for what reason only they know. In this sense, we got to ask ourselves that why did they take so long to close the brazil yard and let it bleed for the past few years. Anyw agree that the price look yummy at 0.13 and below and hope that oil price rise back to 80. The consolation is that vard got italian ah gong so the chance of bankrupt is low. So dyodd and hopefully the price can go back north when the up cycle of oil come
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Just4win
Supreme |
06-Aug-2016 21:01
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Qanghoo, are u vested now, or still waiting for chance to enter? I withdraw my buy queue price at 0.15 when I saw the price going through a free fall stage. Now am considering to enter at lower 0.13x.. , though my buy priority will be the blue chips.. The 3 banks n KC. 
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Qanghoo
Supreme |
06-Aug-2016 19:40
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I agree with u.  Let' s not forget that this coy was STX OSV then, n Vard Holdings now.  When they promised high payout at that time, it was the " old" management.  I, for one, have always been more circumspect as to why they were paying out so much div (n driving the share px to 2SGD) when they were abt to collapse as STX OSV at that time.  Vard, in one of its earliest announcements after taking over, I recall, did say they were still committed to a div policy.  But they also did indicate that (n I am putting it cynically) that the coffers were like empty .... N of course given the very tough current industry environment, we may have to wait longer for div to return.  Brazil?  Well, I' d say the lesss said the better .... lots of promise over the last decade, but reality is, apparently so decadent with corruption allegedly endemic.    Nonetheless, Vard, with the help of its ah gong, is making a lot of effort to diversify, n is likely to see a return to better times, perhaps sooner rather than later in my view.  DYODD of course.  These are  only my two cts. 
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sriramanv
Master |
06-Aug-2016 16:52
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Agree with you... my reasoning, is they have better transparency than many other counters.. they are diversifying into other areas to survive this downturn... parent support is there... i hope a turnover by 2017.
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NoRiskNoGain
Veteran |
06-Aug-2016 08:39
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Just thinking y u say it is a gd management when they promise 30% payout div even b4 the oil crisis and instead pay the parent company profit. From 1.23 all the way to 0.13, that is like close to 90%. Ok to be fair to them this is the downcycle of their offshore business but the investment in brazilesp the 1st yard is a total failure where delays resulted in more cash being burnt. And the low margins of these contracts took a toll on their balance sheet when they cant deliver on time and have to find excuse saying that the brazil yard is not fully equipped.
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granto
Master |
05-Aug-2016 14:46
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Vard ups stake in Brazil yard |
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sriramanv
Master |
04-Aug-2016 15:01
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My fav counter... always vested in... good management... hoping 40c by 2017...
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Qanghoo
Supreme |
02-Aug-2016 17:13
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Yes, it' s them that' s rigging the mkt.  Seriously doubt if the real concern is OnG linked.  Anyway, panic seems to have died down today ..... n share px is one of the few in the green.
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johnng
Supreme |
02-Aug-2016 13:03
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BBs playing some mind games...SMELLY BBs CLINCH CONTRACT - GAP DOWN AFTER 1 DAY CLINCH CONTRACT - GAP UP |
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Just4win
Supreme |
02-Aug-2016 11:33
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See? It has U-turned back to its opening price, after which, may go further south.  Hmmm...risky to play this counter. No sure what game BB is playing. 
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Qanghoo
Supreme |
02-Aug-2016 10:28
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It was abt 2 when they were dishing out generous div, just before the previous sub SH sold out .... more like plundering the coffers of whatever' s left before quitting. 
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KAMAL0883
Supreme |
02-Aug-2016 10:12
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26 cents consider lucky liao this counter was above $1.50 in e past
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KAMAL0883
Supreme |
02-Aug-2016 10:07
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LOL when hit 10 cents may be you will say wait for 8 cents then 5 cents LOL
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kamyip
Member |
02-Aug-2016 10:04
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What is the chances Vard is heading for delisting? |
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Qanghoo
Supreme |
02-Aug-2016 09:44
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Yep.  N by the posts I' m reading here, the oil rout is over .... but only for Vard.  Truth is. the mkt is allowed to be a free for all, n the regulators haven' t got a clue what' s going on.  Feel like it query.  Otherwise, it' s riggers playground all the way ....
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