Swiber   

Swiber Holdings Limited

Aiyo pls understand the breakdown of this S$1.25bil.

EV = Market cap + debt - cash

At 10.9cts EV = $50 + $1379 - $176.

You think debt owners will let you discount their debt?

Hei123      ( Date: 28-Jul-2016 13:43) Posted: Of course not. Who is so stupid to pay $1 b, even though they r family. At 70 - 80% discount. When times r good, bank will shelter u with umbrella. When times r bad, when u need them the most, bank will withdraw umbrella. sheerluck      ( Date: 28-Jul-2016 13:09) Posted: In good times bank is your family. In bad times bank is your enemy. I thought I already worked out a rough EV for Swiber?  A whooping S$1.25bil bill!  Sembcorp will buy?

 

Right on....we are not talking about an individual ...BUT Swiber company OWNs Vallaince 25% which means this 25% will be liquidated

​ Tell me and SGX this is NOT serious and Valliance has NO ISSUE to continue trading ....if you lead $$ to V m you are not worry and dont want it back immeidately.

Really think there is SO MUCH not disclose till now. SGX can do your slow post check and wait for another case to over shadow this.
( penny case still outstanding after years)
 

 

pinkowl      ( Date: 28-Jul-2016 12:35) Posted: Won' t liquidator help to sell off (liquidate) swiber' s assets, including her shares in Vallianz? Such selling will depress Vallianz share price, right? That' s why it plunged 47% as of now.  investshare      ( Date: 28-Jul-2016 12:28) Posted: No, even if the major shareholder is chap 11, it does not affect the company. It just mean that the company major shareholder may change person. Remember that shareholder does not have further obligation to the company other than the capital they already invested.

 

Those bond holders all tohed....

 

Right move, cause some may to average down or try bottom fishing and end up with more cert.

 

The best is...hope for the worst not to happen. The worst is, not prepare for the worst. Buying stk is like gambling. Buy stk that one can write off like a business verture n don't loss sleep over it.
A bad judgement is made n a bad decision oneself have to decide...

 

Of course not. Who is so stupid to pay $1 b, even though they r family.

At 70 - 80% discount.

When times r good, bank will shelter u with umbrella.

When times r bad, when u need them the most, bank will withdraw umbrella.

sheerluck      ( Date: 28-Jul-2016 13:09) Posted: In good times bank is your family. In bad times bank is your enemy. I thought I already worked out a rough EV for Swiber?  A whooping S$1.25bil bill!  Sembcorp will buy? Hei123      ( Date: 28-Jul-2016 12:53) Posted: Cos DBS can talk talk to sembcorp. They are all in the family. Easy to talk. Then DBS won' t suffer loss. N sembcorp own the 51 vessels at leylong price. Oh as Im typing this, DBS just broke $15.90.

 

Retail investors die but not t directors . Hope u guys check the background of some of them. But too late to know them now .

 

can't agree more.......I have stake in vallianz n I loss a lot today....yet I never rant like all those guys......most of them never do due diligence which is DYODD mean.....not some short form u can ignore like "LOL"..........

earlybird14      ( Date: 28-Jul-2016 13:15) Posted: What a loser. When he brought Vallianz from 2-3cents to 20 plus and created few thousand jobs in Singapore in past 10 years, do you say a thank you to him. Now market is so bad oil price so low, he is forced to surrender and gave up everything. Then you as a investors didn't do home work properly, dig here and there try to find him trouble. Really what a loser. Your mistake, you bear yourself don't blame others. He got more thing to do than you to clear his miserable trouble. shadow      ( Date: 28-Jul-2016 12:47) Posted: Resigned for health reason ? He better resign also from Pungol North CCC grassroot all other activities etc... DPM Teo better take note!  Mr. Raymond Kim Goh is an industry veteran with close to two decades of experience in the offshore oil and gas industry. As Founder and Executive Chairman of the Swiber Group, Mr. Goh is the key figure in leading Swiber&rsquo s overall business, operations and marketing activities globally. In his role, Mr. Goh sets the long-term growth strategy of the Swiber Group and spearheads growth initiatives to expand the Swiber Group&rsquo s resources, develop new markets, and invest in new vessel designs and technology. Mr. Goh is also active in grassroot community activities. He serves as a patron of the Punggol North Citizen&rsquo s Consultative Committee. He also serves as Chairman of the School Advisory Board for Westwood Primary School. Mr. Goh is currently also the Non-Executive Chairman of Vallianz Holdings Limited. Mr. Goh graduated from Murdoch University in Australia with a Bachelor of Commerce (Honours) degree.

 

Lai..argh. Lai...argh. leylong leylong...argh.
50% discount...place your bet...argh.
Your money. Pls don't blame anyone.

risktaker      ( Date: 28-Jul-2016 13:20) Posted: Swiber owns 900 million share of vallianz.... now the market will have to abosrb it once vallianz are force to sell it.... Becareful..

 

BBs never do DYODD n did not plan to fail. FAIL to PLAN.

SMALL INVESTORS - ALL BLINDLY FOLLOW. OSO FAIL TO PLAN. ONI PLAN TO SUCCEED ALL THE WAY. :(

earlybird14      ( Date: 28-Jul-2016 13:15) Posted: What a loser. When he brought Vallianz from 2-3cents to 20 plus and created few thousand jobs in Singapore in past 10 years, do you say a thank you to him. Now market is so bad oil price so low, he is forced to surrender and gave up everything. Then you as a investors didn't do home work properly, dig here and there try to find him trouble. Really what a loser. Your mistake, you bear yourself don't blame others. He got more thing to do than you to clear his miserable trouble. shadow      ( Date: 28-Jul-2016 12:47) Posted: Resigned for health reason ? He better resign also from Pungol North CCC grassroot all other activities etc... DPM Teo better take note!  Mr. Raymond Kim Goh is an industry veteran with close to two decades of experience in the offshore oil and gas industry. As Founder and Executive Chairman of the Swiber Group, Mr. Goh is the key figure in leading Swiber&rsquo s overall business, operations and marketing activities globally. In his role, Mr. Goh sets the long-term growth strategy of the Swiber Group and spearheads growth initiatives to expand the Swiber Group&rsquo s resources, develop new markets, and invest in new vessel designs and technology. Mr. Goh is also active in grassroot community activities. He serves as a patron of the Punggol North Citizen&rsquo s Consultative Committee. He also serves as Chairman of the School Advisory Board for Westwood Primary School. Mr. Goh is currently also the Non-Executive Chairman of Vallianz Holdings Limited. Mr. Goh graduated from Murdoch University in Australia with a Bachelor of Commerce (Honours) degree.

 

Swiber owns 900 million share of vallianz.... now the market will have to abosrb it once vallianz are force to sell it....

Becareful..

 

I remembered reading somewhere in their last annual report that there is a single debtor owing afew hundred millions (half of their NAV)   in their books and Auditors never question their ability to collect from this " unknown" debtor , PWc Auditor also didn' t ask them to write-off collection etc, they didn' t highlight the risk of collection whatever for that single debtor ! Can this be a ' Bogus' debtor account ! Who is this big owing client and PWc didn' t even disclose also... Fishy !!

 

 

What a loser. When he brought Vallianz from 2-3cents to 20 plus and created few thousand jobs in Singapore in past 10 years, do you say a thank you to him.

Now market is so bad oil price so low, he is forced to surrender and gave up everything.

Then you as a investors didn't do home work properly, dig here and there try to find him trouble.

Really what a loser.

Your mistake, you bear yourself don't blame others.

He got more thing to do than you to clear his miserable trouble.

shadow      ( Date: 28-Jul-2016 12:47) Posted: Resigned for health reason ? He better resign also from Pungol North CCC grassroot all other activities etc... DPM Teo better take note!  Mr. Raymond Kim Goh is an industry veteran with close to two decades of experience in the offshore oil and gas industry. As Founder and Executive Chairman of the Swiber Group, Mr. Goh is the key figure in leading Swiber&rsquo s overall business, operations and marketing activities globally. In his role, Mr. Goh sets the long-term growth strategy of the Swiber Group and spearheads growth initiatives to expand the Swiber Group&rsquo s resources, develop new markets, and invest in new vessel designs and technology. Mr. Goh is also active in grassroot community activities. He serves as a patron of the Punggol North Citizen&rsquo s Consultative Committee. He also serves as Chairman of the School Advisory Board for Westwood Primary School. Mr. Goh is currently also the Non-Executive Chairman of Vallianz Holdings Limited. Mr. Goh graduated from Murdoch University in Australia with a Bachelor of Commerce (Honours) degree.

 

Better start looking for ships buyers...like Ezion little bro...Charisma. they need some ships to supplment

 

In good times bank is your family.

In bad times bank is your enemy.

I thought I already worked out a rough EV for Swiber?  A whooping S$1.25bil bill!  Sembcorp will buy?

Hei123      ( Date: 28-Jul-2016 12:53) Posted: Cos DBS can talk talk to sembcorp. They are all in the family. Easy to talk. Then DBS won' t suffer loss. N sembcorp own the 51 vessels at leylong price. Oh as Im typing this, DBS just broke $15.90.   sheerluck      ( Date: 28-Jul-2016 12:44) Posted: Don' t know how you' ll can come up with all this kind of unrealistic hopes.

 

Billion to settle their debt?. Sembcrop oso jia lat liao, kena lagi jialat, like tat?.

Hei123      ( Date: 28-Jul-2016 12:53) Posted: Cos DBS can talk talk to sembcorp. They are all in the family. Easy to talk. Then DBS won' t suffer loss. N sembcorp own the 51 vessels at leylong price. Oh as Im typing this, DBS just broke $15.90.   sheerluck      ( Date: 28-Jul-2016 12:44) Posted: Don' t know how you' ll can come up with all this kind of unrealistic hopes.

 

Vallianz shr drop 47%...so tat an indication of sales of their ships to come...leylong leylong.:(((:(

pinkowl      ( Date: 28-Jul-2016 12:35) Posted: Won' t liquidator help to sell off (liquidate) swiber' s assets, including her shares in Vallianz? Such selling will depress Vallianz share price, right? That' s why it plunged 47% as of now.  investshare      ( Date: 28-Jul-2016 12:28) Posted: No, even if the major shareholder is chap 11, it does not affect the company. It just mean that the company major shareholder may change person. Remember that shareholder does not have further obligation to the company other than the capital they already invested.

 

Hi, anyone know what happen to those who short the stock?

 

See Peh Jia Lat.

Hei123      ( Date: 28-Jul-2016 12:53) Posted: Cos DBS can talk talk to sembcorp. They are all in the family. Easy to talk. Then DBS won' t suffer loss. N sembcorp own the 51 vessels at leylong price. Oh as Im typing this, DBS just broke $15.90.   sheerluck      ( Date: 28-Jul-2016 12:44) Posted: Don' t know how you' ll can come up with all this kind of unrealistic hopes.

 

Cos DBS can talk talk to sembcorp.

They are all in the family. Easy to talk. Then DBS won' t suffer loss.

N sembcorp own the 51 vessels at leylong price.

Oh as Im typing this, DBS just broke $15.90.

 

sheerluck      ( Date: 28-Jul-2016 12:44) Posted: Don' t know how you' ll can come up with all this kind of unrealistic hopes.   Hei123      ( Date: 28-Jul-2016 12:38) Posted: DBS is their banker. How will it affect DBS? Not much right? Only hope for Swiber is DBS ask Sembcorp to buy over.