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Hi,
Does anyone know why the high volume of selling today for Swissco ? Thank you Theresa
c2o credit facility approved for aquisition of this babe. px gg up now...
Luckily escaped at 0.90 and 0.885. Should have escaped at 0.94.
Hope can catch it back at 0.75.
Swissco, Mermaid, Marco Polo, Ezion, Ezra, Penguin, Please plunge down so i can catch u all back cheap cheap!!
yoril_xq ( Date: 26-Aug-2009 13:39) Posted:
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I quoted this post after i bought Swissco at 0.65. The following Monday it dropped to 0.61. Nobody seems interested in this baby then. Someone even gave away for 0.605. When it rebounded slightly, it couldn't even break 0.63.
Hahahahaha! Yesterday all short-term resistances broken and today MAGIC!!!!
HUAT AR! I got 0.65 0.61 0.63. Still vested. HUAT!!!!!
yoril_xq ( Date: 14-Aug-2009 15:56) Posted:
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ozone2002 ( Date: 26-Aug-2009 11:34) Posted:
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This is from DBS Group Rsearch today.
Swissco is a deeply undervalued stock. Its share price, even after the recent rally, is trading at 23% discount to its estimated breakup value of S$0.94. Offshore chartering business is profitable, with earnings growth anchored by steady fleet expansion. Maintain BUY, with target price of S$1.11 (Prev S$ 0.84). Swissco could be almost debt-free (vs. 0.2x net gearing as of end 1H09), assuming that it can sell the remaining 5.3% stake in Swiber Holdings at S$0.94, and taking into account the S$55m committed capex for new vessels inthe FY09-10 forecast periods.
swiber and swissco Arg Ka liao!..
brothers in arms..
there u go right..isn't that base on heresay or shd we call it a bad word like rumour..
thus i say nothing move stock faster than rumour...really..
aleoleo ( Date: 26-Aug-2009 11:28) Posted:
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the price up is related to swiber .....
once swiber lifted the halt you will know what is happening .... trust me ...
dun chase .... up too much liao
freeme ( Date: 26-Aug-2009 11:03) Posted:
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immediate TP $1 ;)
hehe
mad... yest bot at 0.725 mornign sold too early at 0.81..
then bot back again at 0.885..