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Labroy Marine

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tsungjerlim
    10-Sep-2007 16:45  
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Kim Eng : BUY! TP $3.22
 
 
nickyng
    10-Sep-2007 16:41  
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ok lah..congrats to all!! almost tempted to short again at $2.15 !! hee...
 
 
thatman
    10-Sep-2007 16:36  
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BBs have regained their confidence in this counter again... And to all those who are vested... congrats to a strong re-bound today. I believe more to come...

Cheers,
ttman 
 

 
nickyng
    10-Sep-2007 15:56  
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haha...hey! i am thinking of getting a Trader licence also..at least no trading fee..hee..

btw..i trade in forex as well...quite fun playing NZDSGD and USDJPY :P any takers on these area as well? hee...
 
 
jackjames
    10-Sep-2007 15:43  
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yeah, nickyng, DBS surely easier to play, whenever US drop, DBS sure drops, when recover, DBS sure recover, ha ha.. really like your small funs... hey, I wish to be your broker..

 
 
 
agesis
    10-Sep-2007 15:30  
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Better don't get burnt. :x

Like jackjames, i am going to hold tight to this baby...
 

 
nickyng
    10-Sep-2007 15:26  
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haha...phew! ya v. lucky to cover...as seeing pre-DJ getting less -ve :P anyway had my fun!

@@ other counters like DBS to play...hee...
 
 
jackjames
    10-Sep-2007 14:43  
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waa... nickyng, u are brave man... walau... you earn SGD 35 today man.... ha ha ha.. next time short 50 lots, more shiok...

I AM HOLDING TIGHT this baby..... support point 2.60, lets marching towards it .... cheong ar!
 
 
mediacraze
    10-Sep-2007 14:22  
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yahoo....

This baby is moving..... $2.11

Chiong baby chiong.....
 
 
agesis
    10-Sep-2007 14:20  
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lucky u covered your shor position, nickyng.

im keeping my long position.. 
 

 
thatman
    10-Sep-2007 14:18  
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Chiong ar..... Momentum is picking up...

Hi, Spurs88, wonder your target price of $3 is it within 6mths?

Thanks.


Rgds,
ttman
 
 
nickyng
    10-Sep-2007 13:54  
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aya..this burger confirmed bearish for short term...in line with general mkt movement till 18th sep..in any case...covered my short postition @ $2.06 :P JUST incase!! hee....
 
 
mediacraze
    10-Sep-2007 13:13  
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Indeed good news for those vested...

A green gem among the bed of red rose today.
 
 
importexport
    10-Sep-2007 12:35  
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Labroy Marine (L26.SG) +2.5% at S$2.06, bucking decline by other STI stocks as investors expect company to benefit from Norwegian client Standard Drilling's plan to sell 2 Labroy-made jackup rigs for combined US$400 million. "The sale, once confirmed, will be positive news for Labroy, signaling a vote of confidence in a drilling contractor/operator," says DBS Vickers. Standard Drilling has total of 4 rig orders with Labroy. According to Norwegian firm's 1H07 interim report last month, progress of building all 4 rigs on schedule, with 2 rigs fully financed. DBSV says this removes risk of nonpayment for Labroy; "in the event the last two rigs are sold to a drilling contractor, this will strengthen Labroy's position in terms of payments and execution. Earlier concerns were centered around the fact that Standard Drilling is a speculator in rigs and may not be able to raise sufficient financing for the entire project." Mild volumes suggests upside capped, possibly at morning high of S$2.08. (FKH)
 
 
nickyng
    10-Sep-2007 10:37  
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shorted...5x @ $2.08 earlier ..hee...wish me luck !! :P
 

 
thatman
    10-Sep-2007 10:35  
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Yeah... indeed it's a good counter to hold for long term with certainly good returns... Must have faith in Labroy... Chiong all the way mann...

Rgds,
ttman
 
 
jackjames
    10-Sep-2007 10:30  
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yeah baby, moving liao... haha ha ha.. see you at 2.6 , heee..

 
 
 
stocker2007
    10-Sep-2007 10:21  
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some really good news coming!! rewards for those who have faith in labroy.
 
 
spurs88
    10-Sep-2007 10:20  
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Lai liao!!!!!!! Paper profit more than $100 k already. Citigroup has accumulated enough. Now to $3
 
 
spurs88
    06-Sep-2007 20:14  
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Won't be surprise that Citigroup is currently quietly accumulating this gem after issuing a downgrade recently. Expect them to upgrade soon, as they always do! Otherwise where got money to earn?
 
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