Swiber
Swiber Holdings Limited
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261-280 of 804
Swiber steady ship now
Good for DBS , no wonder jump so much.
swv001 ( Date: 05-Sep-2016 10:50) Posted:
the IJM of Swiber says Swiber can be saved. It looks so good. IJM says Swiber has 1.67B secured project orders on-going, and so far received 24 expressions of interest from potential investors. Any one/bondholder has the IJM' s report sebmitted to the High Court last Friday? Please paste here? At lease the balance-sheet as of 31/07/2016. thank a lot.
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the IJM of Swiber says Swiber can be saved. It looks so good. IJM says Swiber has 1.67B secured project orders on-going, and so far received 24 expressions of interest from potential investors. Any one/bondholder has the IJM' s report sebmitted to the High Court last Friday? Please paste here? At lease the balance-sheet as of 31/07/2016. thank a lot.
At 71 years old, John Swinden is a lame CEO. He is no Warren Buffet. Raymond Kim Goh is still Chairman. There isnt going to be a chance to turn around the business.
granto ( Date: 04-Sep-2016 20:18) Posted:
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John Swinden is 71 years old. I dont think is suitable for managing such crisis. They credit him for Swiber' s projects from 2011, but these are also the projects that brings Swiber up and down too fast. I dont know, but Hillary Clinton is 69 years. If she can lead US, possible this guy is still capable.
ysh2006 ( Date: 04-Sep-2016 10:43) Posted:
Good captain need a good ship to cruise...if happened to be Tatanic than ....(Think only)
lglg666 ( Date: 04-Sep-2016 10:34) Posted:
| True! This really a good news for al |
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Good captain need a good ship to cruise...if happened to be Tatanic than ....(Think only)
lglg666 ( Date: 04-Sep-2016 10:34) Posted:
True! This really a good news for all
investshare ( Date: 04-Sep-2016 08:54) Posted:
Good, at least got a leader now.
SINGAPORE (Sept 3): Swiber Holdings, the beleaguered Singapore-based offshore oil and gas services group, has appointed John F. Swinden as group president, chief executive officer and executive director to lead the company through what it calls a ?challenging landscape? for the global oil and gas sector.
Swinden replaces Yeo Chee Neng, who resigned with effect from Sept 2, according to a filing with the Singapore stock exchange. Yeo will continue as an adviser and will work closely with the Swiber group and its interim judicial managers, the filing showed.
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True! This really a good news for all
investshare ( Date: 04-Sep-2016 08:54) Posted:
Good, at least got a leader now.
SINGAPORE (Sept 3): Swiber Holdings, the beleaguered Singapore-based offshore oil and gas services group, has appointed John F. Swinden as group president, chief executive officer and executive director to lead the company through what it calls a ?challenging landscape? for the global oil and gas sector.
Swinden replaces Yeo Chee Neng, who resigned with effect from Sept 2, according to a filing with the Singapore stock exchange. Yeo will continue as an adviser and will work closely with the Swiber group and its interim judicial managers, the filing showed.
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Good, at least got a leader now.
SINGAPORE (Sept 3): Swiber Holdings, the beleaguered Singapore-based offshore oil and gas services group, has appointed John F. Swinden as group president, chief executive officer and executive director to lead the company through what it calls a ?challenging landscape? for the global oil and gas sector.
Swinden replaces Yeo Chee Neng, who resigned with effect from Sept 2, according to a filing with the Singapore stock exchange. Yeo will continue as an adviser and will work closely with the Swiber group and its interim judicial managers, the filing showed.
Given the size of Swiber, the amount should exceed billion dollars mark.
papayaface ( Date: 04-Sep-2016 08:04) Posted:
LoD is easy to issue la. Just a letter. So which creditor will not issue? Good luck
Macqueen ( Date: 03-Sep-2016 21:35) Posted:
| 😱 oh no keep going up, that very bad in shap |
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LoD is easy to issue la. Just a letter. So which creditor will not issue? Good luck
Macqueen ( Date: 03-Sep-2016 21:35) Posted:
😱 oh no keep going up, that very bad in shape
moron101 ( Date: 03-Sep-2016 13:20) Posted:
| Latest LoD amounts already $300m.. |
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😱 oh no keep going up, that very bad in shape
moron101 ( Date: 03-Sep-2016 13:20) Posted:
| Latest LoD amounts already $300m.. |
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Latest LoD amounts already $300m..
The IJM submits a full report today to the High Court and creditors can get the report from Rajah & Tann. This report has Swiber' s balance sheet as at 31 July 2016.
Who has got this report? Can you please publish it (at least the balance sheet as at 31 July 2016) here? Thanks a lot.
Yeah....bad memories and the same old bad feeling too.
zandlery ( Date: 01-Sep-2016 16:21) Posted:
I bet this is how ppl felt last financial crisis......
no end to the drop..........that as a reference....things will recover in time
lglg666 ( Date: 01-Sep-2016 16:18) Posted:
| Craps....if that's true then we are not seeing an end to this falling sector plus the banking sector too. Feel like the another bottom just drop off, sighed. |
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I bet this is how ppl felt last financial crisis......
no end to the drop..........that as a reference....things will recover in time
lglg666 ( Date: 01-Sep-2016 16:18) Posted:
Craps....if that's true then we are not seeing an end to this falling sector plus the banking sector too. Feel like the another bottom just drop off, sighed.
Wisely ( Date: 01-Sep-2016 11:48) Posted:
You forgotten the banks. They will not toh but price sure drop also.
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Craps....if that's true then we are not seeing an end to this falling sector plus the banking sector too. Feel like the another bottom just drop off, sighed.
Wisely ( Date: 01-Sep-2016 11:48) Posted:
You forgotten the banks. They will not toh but price sure drop also.
calvino ( Date: 01-Sep-2016 05:48) Posted:
The domino affected companies are as follow:
Of the 14 companies on the list, 12 have short-term debt of over S$100m ($73.5m), 10 have negative/low cash flow, and nearly all are highly geared.
The 12 companies highlighted as having high short-term debt levels are ASL Marine, Ausgroup, Ezra Holdings, Ezion Holdings, KS Energy, Mencast, Marco Polo, Nam Cheong, Pacific Radiance, Vallianz and Vard Holdings.
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You forgotten the banks. They will not toh but price sure drop also.
calvino ( Date: 01-Sep-2016 05:48) Posted:
The domino affected companies are as follow:
Of the 14 companies on the list, 12 have short-term debt of over S$100m ($73.5m), 10 have negative/low cash flow, and nearly all are highly geared.
The 12 companies highlighted as having high short-term debt levels are ASL Marine, Ausgroup, Ezra Holdings, Ezion Holdings, KS Energy, Mencast, Marco Polo, Nam Cheong, Pacific Radiance, Vallianz and Vard Holdings.
Wisely ( Date: 29-Aug-2016 14:51) Posted:
There' s going to be domino effect after this
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Probably DBS still sponsoring them. We will know this week or next when IJM submit their accounts.
Wind22i ( Date: 31-Aug-2016 22:17) Posted:
| Does the staff in this infamous compAny still get their salary ? |
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Lauren Tang from law firm Stephenson Harwood on what lies ahead for bust Swiber Holdings...
Judicial management in Singapore: Florence Nightingale to a vulnerable company?
