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741-760 of 804
Yes...confidence dented big time.
Still got US $15m legal proceedings pending? Si liao.
Their reply revealed that they are hidding things from the market.
Their US$710mil project was to commerce in first quarter in 2015. They only discuss about delay in June 2016. So the project has been sitting for 1.5 years doing nothing and Market was aware about it. And the company spent about US$2mil on something which they haven' t even started yet.
Their kaizen 4000 vessel was mean for a Vietnam project which has been terminated and the company did not reveal it as well.
Bottomline Swiber has been keeping mum about negative news. Naturally Market will be thinking what other negatives that wasn' t raised in the query are Swiber not revealing. Is this just the tip of the iceberg? You know how Market react to a company share price when there are uncertainties surrounding a company. Even so is when the coy is already problematic.
This one still haven see bottom yet
moron101 ( Date: 26-Jul-2016 09:42) Posted:
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Have they settled the parking fees of Kaizen 4K?
pnuklis ( Date: 26-Jul-2016 09:15) Posted:
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Yes shorting gx style being target Liao, I will short this my 2 cent DYODD. But must be careful profit run wait for another round Huat ah shorter
HuathuatLeo ( Date: 26-Jul-2016 08:55) Posted:
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Cannot collect money from contracts and announcing new ones is no use. Will loose more money. Poor guys I pity for those who buy in when they hear new contracts. Short this bugger
this coy still cannot find bottom. lmao haahah.. Dont know where is bottom. Trade with caution. SGX style. hahaha
yyhwin ( Date: 26-Jul-2016 00:08) Posted:
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Why need to sell now?
Will this company bankrupt?
With this reply, it is tme to sell!
All queries very well addressed. Safe now.😅
They have to halt trading if they can't respond to query on time? Very sad.
swv001 ( Date: 25-Jul-2016 09:48) Posted:
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The clock is ticking. Can sgx give them more time?
They have up to 235959 tonight to locate their lost ship.. jia you lah!
Is probably EZRA' s fault. When EZRA disposed of it asset, it written off 1/3 its values. Now market got something evidence on the worth of O& G asset in O& G counter book. If we appied -33% to Swiber' s asset, it is technically bankrupt. At current price of 12cts market is only discount its asset by 22.3%. The most market can applied is a 24.4% discount for Swiber NAV to go zero.
So Swober got 2% leeway but the fact that there is a -33% figure floating around mean Swiber is in great danger!
Swiber and Valiance shld be worth more than this 10c....what is wrong that shareholders are not aware ?
SGX....wake up and wake them up ....do something seriously.
Macqueen ( Date: 25-Jul-2016 15:51) Posted:
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10 cent coming, patient my 2 cent
swv001 ( Date: 25-Jul-2016 15:23) Posted:
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The fundamental of this coy is still quite good comparing to other O& G coys. Do not understand why it is like that.
sheerluck ( Date: 25-Jul-2016 15:02) Posted:
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This one really suay. At the rate it is going toilet paper worth more liao. Maybe one pack of 12 rolls can buyout the coy?
What the hell is Suaybo doing?
Macqueen ( Date: 25-Jul-2016 12:18) Posted:
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