
Can anyone advise and comment about swiber as well as the oil & gas industry? how is the outlook gonna be like?
So is it the time now to buy more of such shares? Wait for market to boom then we can reap the harvest.haha..
iPunter ( Date: 18-Dec-2008 11:52) Posted:
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It's not only this one...
All stocks with great fundamentals have fallen very very much too...
Can anyone explain to me how come Swiber can fall from as high as $3 to the currentl $0.525.
I thought this company earns huge profit months ago? Sigh.. looks like it is still falling....

Wah $1.82 is way off. It like driving up to Penang on a Skoda or Proton.
Seriously, it may get there by 2010. It's unlike CSM which will never see the light of day even if u give them 10-20 years.
tchekchuan ( Date: 12-Dec-2008 15:31) Posted:
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Stock market always behave like this ... falling fast and climbing slow !!
Hulumas ( Date: 12-Dec-2008 15:58) Posted:
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It is a "PEAK FALL". Hence, recovering should take some times. I suppose.
tchekchuan ( Date: 12-Dec-2008 15:31) Posted:
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Sianz.. Bought 10 Swiber lots at $1.82, now not even worth half the price...
Any views about this company?