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Otto Marine outlook and strategy very strong

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Teochew
    03-Oct-2013 20:55  
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The standard answers given by all the trainer are as follows:

" I want to share my knowledge with  all my students,  so that all my students  can make tons of money,  and then join me to contribute 20% of the money to charity organisaitons.  By doing so,  we can go to the heaven when we die" .     

  If you don't believe, please check with all the trainers in Singapore.

kelvinLim123      ( Date: 03-Oct-2013 19:48) Posted:



If all is too profitable, I would not be here, 

today i cut loses on 3, counters,

if trading is so easy, i wonder why those people bother to advertise here, their so call trading talent.

they are not cheap, 3 to 4 to 5K !!!

if can work, then why bother to teach, OH, i want to make easy money by teaching,


if that your trading really work and easy, do you still got time to teach, u wouldn't have the time to enjoy your money make easily from trading.


am i right? 

jomini      ( Date: 03-Oct-2013 19:35) Posted:

then dont bother the old man. he s doing u a favou


 
 
kelvinLim123
    03-Oct-2013 19:48  
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If all is too profitable, I would not be here, 

today i cut loses on 3, counters,

if trading is so easy, i wonder why those people bother to advertise here, their so call trading talent.

they are not cheap, 3 to 4 to 5K !!!

if can work, then why bother to teach, OH, i want to make easy money by teaching,


if that your trading really work and easy, do you still got time to teach, u wouldn't have the time to enjoy your money make easily from trading.


am i right? 

jomini      ( Date: 03-Oct-2013 19:35) Posted:

then dont bother the old man. he s doing u a favour

kelvinLim123      ( Date: 03-Oct-2013 19:30) Posted:

U sell to me when i bought at 4 to 5c onward??? thanks keep selling, I bought more at 6c.


 
 
jomini
    03-Oct-2013 19:35  
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then dont bother the old man. he s doing u a favour

kelvinLim123      ( Date: 03-Oct-2013 19:30) Posted:

U sell to me when i bought at 4 to 5c onward??? thanks keep selling, I bought more at 6c.

jomini      ( Date: 03-Oct-2013 19:25) Posted:



its his choice. if u  re really so confident  u can pick up from him. cheap. his loss ur gai


 

 
kelvinLim123
    03-Oct-2013 19:30  
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U sell to me when i bought at 4 to 5c onward??? thanks keep selling, I bought more at 6c.

jomini      ( Date: 03-Oct-2013 19:25) Posted:



its his choice. if u  re really so confident  u can pick up from him. cheap. his loss ur gain

kelvinLim123      ( Date: 03-Oct-2013 18:07) Posted:



U said today last day of contra, then why u sell, y not buy more?

Isn't it funny, unless u contra, no money to pick up.

I see this 8 to 10 2 to 3 mths time,


 
 
jomini
    03-Oct-2013 19:25  
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its his choice. if u  re really so confident  u can pick up from him. cheap. his loss ur gain

kelvinLim123      ( Date: 03-Oct-2013 18:07) Posted:



U said today last day of contra, then why u sell, y not buy more?

Isn't it funny, unless u contra, no money to pick up.

I see this 8 to 10 2 to 3 mths time,


oldflyingfox      ( Date: 02-Oct-2013 16:32) Posted:



If it closed below 0.066, I may consider cut loss. Today volume was low compare to the few days.

Those playing contra on 25 Sept, today will be the last day for them to sell. Look like they are being targeted by the big players.

Good Luck!


 
 
kelvinLim123
    03-Oct-2013 18:07  
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U said today last day of contra, then why u sell, y not buy more?

Isn't it funny, unless u contra, no money to pick up.

I see this 8 to 10 2 to 3 mths time,


oldflyingfox      ( Date: 02-Oct-2013 16:32) Posted:



If it closed below 0.066, I may consider cut loss. Today volume was low compare to the few days.

Those playing contra on 25 Sept, today will be the last day for them to sell. Look like they are being targeted by the big players.

Good Luck!

 

 
kelvinLim123
    03-Oct-2013 17:57  
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virgoan.read your mail.
 
 
central
    03-Oct-2013 17:01  
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If today closing 65 still strong ?

virgoan      ( Date: 02-Oct-2013 18:41) Posted:



Hi Kelvin...tks 4 ur Amplefield buy call.

What is ur target price? Tks 

kelvinLim123      ( Date: 02-Oct-2013 18:33) Posted:

do monitor and keep dreaming. dream do come true, but only in your dream..lol


 
 
virgoan
    02-Oct-2013 18:41  
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Hi Kelvin...tks 4 ur Amplefield buy call.

What is ur target price? Tks 

kelvinLim123      ( Date: 02-Oct-2013 18:33) Posted:

do monitor and keep dreaming. dream do come true, but only in your dream..lol

oldflyingfox      ( Date: 02-Oct-2013 17:25) Posted:



Up one day down one day, killing all the contra players.

Still monitoring closely.


 
 
kelvinLim123
    02-Oct-2013 18:33  
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do monitor and keep dreaming. dream do come true, but only in your dream..lol

oldflyingfox      ( Date: 02-Oct-2013 17:25) Posted:



Up one day down one day, killing all the contra players.

Still monitoring closely.

 

 
oldflyingfox
    02-Oct-2013 17:25  
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Up one day down one day, killing all the contra players.

Still monitoring closely.
 
 
oldflyingfox
    02-Oct-2013 16:32  
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If it closed below 0.066, I may consider cut loss. Today volume was low compare to the few days.

Those playing contra on 25 Sept, today will be the last day for them to sell. Look like they are being targeted by the big players.

Good Luck!
 
 
fulson
    02-Oct-2013 14:22  
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Reentered at 0.068 hope it chiongs. :)
 
 
whiteegg
    02-Oct-2013 14:15  
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positioning for outbreak as the past days many has collected during dips
 
 
fulson
    02-Oct-2013 08:32  
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Nope i sold all yest. should have exited earlier when it was 0.072.
 

 
oldflyingfox
    02-Oct-2013 08:22  
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Meaning u have sold some and still holding some?

fulson      ( Date: 01-Oct-2013 23:34) Posted:

Nice move bro. Was tempted to exit last week but greed took over ). Good luck to you. Shall watch the market tomorrow may enter again.

 
 
fulson
    01-Oct-2013 23:34  
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Nice move bro. Was tempted to exit last week but greed took over ). Good luck to you. Shall watch the market tomorrow may enter again.
 
 
oldflyingfox
    01-Oct-2013 23:11  
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I also exited last week at 0.069 but re-entered today at 0.068 after it was  supported and bounded back from 0.066.
 
 
fulson
    01-Oct-2013 20:50  
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I exited too early at 0.067. Should buy back more tomorrow? Hmmm...
 
 
central
    01-Oct-2013 19:27  
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Good news .

vested ! 

moneyplant      ( Date: 01-Oct-2013 18:58) Posted:

Maybe less is more in this counter. As always expect the unexpected leaps to test 82 cents vested

luckyfa      ( Date: 01-Oct-2013 18:14) Posted:

Otto Marine: Repositioning for growth



Singapore: In the news more than most this year at our Southeast Asian sister site SeaShip News has been Singapore?s offshore contractor Otto Marine, for better and for worse. The company is on the news site today too. Garrick Stanley has been in the role of group ceo for just over a month now trying to continue the process of making the firm more profitable with an eye to increasing the company?s fleet of offshore support vessels.  
Stanley joined Otto subsidiary Go Marine Group back in 2007 as managing director and has over 18 years experience in the industry.
 
The shipyard has been through a ?cost cutting and efficiency consolidation stage whereby fats are trimmed and resources redeployed,? Garrick says. Nevertheless, the upshot is that the yard is now ready to take on new projects, it bagged its first orders for two years towards the beginning of the year, for instance.
 
?The focus for the yard is to expand our ship repair and conversion, fabrication and newbuilding where the yard can be cost competitive for local content taking advantage of its position in Indonesia,? Garrick says. The yard is located in Batam, near Singapore.
 
The yard has been very focused in the past couple of years in completing construction of four Norwegian designed VS 491 CD 24,000 bhp anchor handlers as well as a drillship for a third party customer.
 
In the interview Garrick is keen to portray the group?s full range of offerings beyong just the shipyard.
 
?The company has definitely developed into a marine services company with a shipyard,? he stresses.
 
?Our shipping business has now refocused to renew, expand and upgrade our own fleet whilst the shipyard increases our offshore fabrication capabilities and ship repair,? Garrick explains.  
 
Group revenues are currently dominated from Otto Marine?s fleet of 63 vessels operating around the world.
 
?We are seeing an increase in demand for our fleet and increasing day rates and utilization,? says the new ceo.
 
Beside chartering, Otto Marine provides services like offshore accommodation, maintenance and services to platforms, crewing and manning services and consultancy.
 
Most of the vessels are locked in with term contracts with as long as five years. Annual average chartering revenue is in the range of $250m to $300m.
 
Although some have concerns about rates in the OSV business, Garrick is not worried.
 
?We are bullish about the sector as it has been relatively flat over the last five years,? he says, adding: ?The newbuilding program has slowed in the last two years and the demand and supply equilibrium has started to stabilise.?   [19/08/13]


 
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