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Today grab a chance to vest more lots .huat ar..
beginners ( Date: 01-May-2013 22:27) Posted:
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sold off at 0.435 alr after holding for 1 year. good luck to those still holding. too afraid that price will drop more than 10 cents after XD considering other stocks have done so after XD. feel safer with profits in pockets haha.
When will the wrt be converting? I hope price will go up after XD .
Company business with projects are on going and worth to vest and hold for few years, quite stable..
Likely scenario is :
1. Cheong from 2 May to 6 May - hopefully can break 50cts
2. Plunge on 7 May by about 10cts
3. Slowly recover back to 44cts towards div payment date
4. Cheong again after div payment
Why worried, the bosses are converting their wrt into mother shares .. if share price dropped ,their holding also kenna...so likely not so much dropping...after xd
milen_00 ( Date: 01-May-2013 14:56) Posted:
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Yes, there is a good chance to buy and high chances price will up for next few months despite of giving out high dividend. Huat together...
Hi
1. Am also thinking the same way.
2. Can use the dividend to buy when the price dips this is 1 option.
3. Based on 1Q13 net profit Nety profit S$3.2M is actually better than 1Q12 if one were to deduct S$10.9 M(capital gain- no tax)est. at 33.5% of S$9M drop in order book S$40M still remaining.
4.Besides 20% share in Discovery Offshore will bring revenue stream starting from Jun/Jul2013 (1st ultra high spec) rig and 2nd rig Oct/Nov 2013. For comparison of revenue, Asia Oil Drilling(AOD) 2 rigs(class B) is generating per rig at USD 177M + USD 34M(mobilization) for 3 years chartering contract .
Hope we huat for all holders
Good luck.
Vested
Ya man. I am vested. But I am afraid after XD it will dip badly :(.
3 more working days to go EX !
Yes confirmed AGM meeting approved on 25 Apr and can check on SGX. Good progress for dividend and hit high for next few months.
Aberdeen123 ( Date: 26-Apr-2013 09:33) Posted:
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Well said.
Hardly any positive news from management and I do not find any compelling reasons to buy.Will stay at the sideline.
Octavia ( Date: 29-Mar-2013 22:10) Posted:
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Good potential company with a new coo and good dividend. Just bought lots yesterday.
Hi
BTL 1Q13 results out can refer to SGX. Do your own analysis.
Intend to hold some lots beyond the xd date knowing that there is risk of 10c drop after xd.
Best regards
all resolutions relating to matters as set out in the Notice of AGM were duly passed. ie 10 dividend is approved. 
tea444u ( Date: 26-Apr-2013 00:24) Posted:
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hi there...are you planning to hold the stock unitl xd day? i have some but wondering if should sell? the company seems to haf plans to expand thru acquisitons etc... you holding?
gnsmj5056 ( Date: 25-Apr-2013 22:40) Posted:
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Hi thanks those who responded...but wansitong...i dont understand the second part....so 10 cent div is approved right?
WanSiTong ( Date: 25-Apr-2013 23:04) Posted:
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1. Notice of AGM:
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3EB0880960FA961948257B44002B9747/$file/Baker2013.pdf?openelement
2. RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING HELD ON 25 APRIL 2013 :
javascript:showDocns_7_2AA4H0C0908270IURSS5IF31H4_(" E16F44AE1C29FD5D48257B58003C5CAB" , " IPO New Listings" )
gnsmj5056 ( Date: 25-Apr-2013 22:40) Posted:
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Hi
Although I did not attend the AGM today, BTL informed SGX that COO has resigned but will remain as director.
This could explain why he has been dumping the shares.
Still waiting for any feedback from any attendees at the AGM.
any news? anyone attended the AGM?