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1381-1400 of 2469
Net assets value per ordinary share $0.62
The operating margin, representing operating profit to total operating revenues, was 5.2 %. The EBITDA margin was 7.5 %. For the corresponding period last year, the operating margin and EBITDA margin were 12.9 % and 13.9 % respectively.
VARD recorded a profit margin after tax of 2.4 % for the first half of 2013 compared with 8.9 % for the corresponding period of 2012.
Operations elsewhere in the Group are not affected by the operational challenges in Brazil. The Romanian yards continue to experience a very high workload, while Vietnam is seeing sub-optimal utilization. Operations of the Company as a whole remain profitable for the year to date despite the negative result for the second quarter of 2013.
Siao rang ah.
didisiaosiao ( Date: 11-Jul-2013 21:37) Posted:
Walan you clown again......shorted yoma at 65.......u wan to confess another stock u shorted also?
All shoot to e sky......die pain pain......pls declare positions n lots shorted if sincere.....
ynnek1267 ( Date: 11-Jul-2013 21:09) Posted:
| Ya yaya.... See you so busy here. Tomorrow surely gap down one lah. So many people con to buy today. All gan jiong to sell. Break 80 cents at ope |
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Walan you clown again......shorted yoma at 65.......u wan to confess another stock u shorted also?
All shoot to e sky......die pain pain......pls declare positions n lots shorted if sincere.....
ynnek1267 ( Date: 11-Jul-2013 21:09) Posted:
Ya yaya.... See you so busy here. Tomorrow surely gap down one lah. So many people con to buy today. All gan jiong to sell. Break 80 cents at open
Peter_Pan ( Date: 11-Jul-2013 21:04) Posted:
| Told you i have 1 lot Ezra already!! A lot already! |
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Ho kang? Angmo rang company cannot touch ah. All their shipyards die one by one
Peter_Pan ( Date: 11-Jul-2013 21:13) Posted:
You think BB ah gong? Give retailers so ho kang?
ynnek1267 ( Date: 11-Jul-2013 21:09) Posted:
| Ya yaya.... See you so busy here. Tomorrow surely gap down one lah. So many people con to buy today. All gan jiong to sell. Break 80 cents at ope |
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Yes. I am waiting for a show!
New123 ( Date: 11-Jul-2013 20:53) Posted:
let the mkt show u tmr..
Peter_Pan ( Date: 11-Jul-2013 20:45) Posted:
IPO price 0.79
Supported well at 0.83
Maybe queue 0.85 still got 35% chance of getting...i hope... |
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You think BB ah gong? Give retailers so ho kang?
ynnek1267 ( Date: 11-Jul-2013 21:09) Posted:
Ya yaya.... See you so busy here. Tomorrow surely gap down one lah. So many people con to buy today. All gan jiong to sell. Break 80 cents at open
Peter_Pan ( Date: 11-Jul-2013 21:04) Posted:
| Told you i have 1 lot Ezra already!! A lot already! |
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Ya yaya.... See you so busy here. Tomorrow surely gap down one lah. So many people con to buy today. All gan jiong to sell. Break 80 cents at open
Peter_Pan ( Date: 11-Jul-2013 21:04) Posted:
Told you i have 1 lot Ezra already!! A lot already!!
ynnek1267 ( Date: 11-Jul-2013 21:02) Posted:
| Stay away lah. Buy more Ezra tomorrow lah |
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Told you i have 1 lot Ezra already!! A lot already!!
ynnek1267 ( Date: 11-Jul-2013 21:02) Posted:
Stay away lah. Buy more Ezra tomorrow lah.
Peter_Pan ( Date: 11-Jul-2013 20:58) Posted:
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Stay away lah. Buy more Ezra tomorrow lah.
Peter_Pan ( Date: 11-Jul-2013 20:58) Posted:
Pre-opening you mean?
New123 ( Date: 11-Jul-2013 20:53) Posted:
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Pre-opening you mean?
New123 ( Date: 11-Jul-2013 20:53) Posted:
let the mkt show u tmr..
Peter_Pan ( Date: 11-Jul-2013 20:45) Posted:
IPO price 0.79
Supported well at 0.83
Maybe queue 0.85 still got 35% chance of getting...i hope... |
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let the mkt show u tmr..
Peter_Pan ( Date: 11-Jul-2013 20:45) Posted:
IPO price 0.79
Supported well at 0.83
Maybe queue 0.85 still got 35% chance of getting...i hope... |
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IPO price 0.79
Supported well at 0.83
Maybe queue 0.85 still got 35% chance of getting...i hope...
But i think not possible liao...
nobody expects to be a loss for this qtr. tmr may see 80 cents then 75 cents.
I'm bullish on the prospect...but i hope it opens down tomorrow to take up positions. p
And that's why the price hovers for very long in a tight range of $0.845 to $0.85..
SFGuyRuleZ ( Date: 11-Jul-2013 20:31) Posted:
Anyway let me share one more thing. From this morning all the way to 4 pm plus, I noticed that every time when a few lots are done at the higher bid price, immediately there will be just 1 lot done at the lower bid to reflect back the lower price. I am able to monitor closely today as I am on leave. I dunno if that means anything. Just sharing..
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Anyway let me share one more thing. From this morning all the way to 4 pm plus, I noticed that every time when a few lots are done at the higher bid price, immediately there will be just 1 lot done at the lower bid to reflect back the lower price. I am able to monitor closely today as I am on leave. I dunno if that means anything. Just sharing..
a Quarter in RED & No dividend. bad news...
overall 1H is still profitable. Good news. but margin lower due to higher cost in Brazil yard.
New yards started operation. Things should come under control.
Other new yards in Romania will start operation in 3Q13. Good news
Outlook is positive. Good news
Cash position is healthy. Good news
NTA increased. Good news
Well, lets see how the BBs read it...
I am ready to add more tomorrow if drop. Good value for long term investment. A good discount!
If up, we join others here to cheer it up together :)
危 机 will not happen everyday. Am ready to catch it and gamble.
Cheers!!!
Published July 11, 2013
Vard pushed into losses by Brazil ops in Q2
VARD Holdings' two Brazil yards dragged the group into the red in its second quarter ended June 30.
Vard Holdings, formerly known as STX OSV Holdings, reported losses attributable to equity holders of the company of 20 million Norwegian kroner from a profit position of 279 million kroner in the same period last year.
Net profit in the first half of the year plummeted 69 per cent to 168 million kroner from 548 million kroner.
Vard said that earnings were hammered by delays and cost overruns at its yard in Niteroi in Brazil, while its new yard Vard Promar, recorded high-pre-operational expenses.
Definitely for this quarter, it is bad and that's why a profit guidance was issued. How bad is bad will depend on one own's intepretation. Questions we can ask is whether if this loss will persist or is it just one-time? Will there be even more downside from the operations in the Brazil shipyard, etc... If considering all factors, risks, upside and downside, etc... and one feels that it is not a worthy investment, it may be good to sell. After all, investing got largely to do with one's own foresight and judgement also. Lastly, listen to only yourself and be responsible for your own call. Don't even listen to anyone here, including me, as everyone's risk appetite, capital, time horizon, etc... are different.
uncleschampy ( Date: 11-Jul-2013 18:48) Posted:
not really good at reading reports, but isnt this very bad ? Will tomorrow crash ?
[IMG]http://i41.tinypic.com/mjwnec.png[/IMG]
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