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1501-1520 of 2165
Probably as one of the reason is that this counter has not given out dividend so far. Is it true? Correct me if I'm misinformed.
soyabean ( Date: 05-Mar-2010 23:20) Posted:
wa... so swibers holders are all punters and traders??? no one answer my question
thats it... overrun by traders liao. high time to sell |
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wa... so swibers holders are all punters and traders??? no one answer my question
thats it... overrun by traders liao. high time to sell
Ya hope so, but still have to clear some forceselling first. If able to break $1.10 then no problem. Just cross our fingers.
whatodo ( Date: 05-Mar-2010 17:14) Posted:
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To CHEONG on Monday?
susan66 ( Date: 05-Mar-2010 17:05) Posted:
| Very good, this time if up should be quite fast. The longer you wait, the higher it will go up. |
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To CHEONG on Monday?
susan66 ( Date: 05-Mar-2010 17:05) Posted:
| Very good, this time if up should be quite fast. The longer you wait, the higher it will go up. |
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Very good, this time if up should be quite fast. The longer you wait, the higher it will go up.
1.04 sell Q all eaten up..
accumulation in progress..
steady accumulation @ low $1 price..
S$0.905 iS Target fOr ENTRY ?
FearValueGreed ( Date: 04-Mar-2010 00:22) Posted:
Already give up on this one , not the company but the marco picture not looking good.
Anyway there is a gap at 90.5, so no hurry sure close |
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Ask all a question here....
i see the attributable profit to minority interest increase from US$671'000 (just 1.7% PAT) to US$4,308,000 (11.0% PAT) yoy... whats the reason for this?
Under normal circumstances, is there a "normal" level of profit attributable to minority interests?
in war there are losers and winners..
just which side u are on :)
BUY at weakness................
Cheerio man
Not worth the risk to short. Stock is a buy in my opinion
risktaker ( Date: 03-Mar-2010 21:22) Posted:
| hehe if I want to short down this baby :) Who can stop me ? None :) |
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Already give up on this one , not the company but the marco picture not looking good.
Anyway there is a gap at 90.5, so no hurry sure close
$1 support is strong... if really break.... no eye see...
risktaker ( Date: 03-Mar-2010 21:31) Posted:
lets make it close below 1.00 tomorrow :) |
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lets make it close below 1.00 tomorrow :)
hehe if I want to short down this baby :) Who can stop me ? None :)
Don't short. BUY!
178investors ( Date: 03-Mar-2010 17:22) Posted:
| I already unloaded all shitber stock yesterday and no plan to buy it anymore. If shitber falls below 99.5c in coming days, i may consider shorting. |
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think investors are too focused on the 2009 figures..
gotta look forward.. not backward..
view the forest instead of the trees..
WiTH grOss MARGiN Of 0.2%, nO prOfit can be made frOm amOunt Of cOntracts.
In 2000, SiEMENS mObile grOup achieved MULTi-BiLLiOn $ turnOver bUt had lOst $1.2 BiLLiOn.
nO lOng later, BiLLiOn $ mObile phOne factOry in BEIJING was sOld tO BEN-Q fOr just $1.
sOOn after prOmOting replacing SiMENS, BEN-Q alsO fOlded.
grOss MARGiN must be at least 20% tO be prOfitable.
ozone2002 ( Date: 03-Mar-2010 18:21) Posted:
| Swiber Holdings, BUY S$1.03, Bloomberg: SWIB SP
Look beyond 2009
Price Target: S$ 1.42
By: Wee Lee CHONG CFA, +65 6398 7971
At a Glance
FY09 results were below expectation, due to worse than expected gross
margin for variation orders.
Price catalysts - Expect year round offshore EPCIC contract wins from
various regions in Asia.
+38% to our target price of S$1.42. Maintain BUY.
Comment on Results
Swiber’s net profit was down 11% y-o-y to US$35m in FY09. The US$8m
recurring net profit in FY09 was lower than our expectation of US$20m,
after factoring in US$7m mark-to-market and one-off insurance write-off for
Swiber’s convertible bond, and the US$33m gain from vessel disposals. The
increase in Swiber’s offshore fleet and the postponement of possible profit
recognition for a US$30m project were the key reasons for the slump in
gross profit margin to only 0.2% in 4Q09, vs. a normalized 15-25%.
Net gearing is lower y-o-y. Swiber’s net gearing has fallen to 0.86x by end
FY09, vs. 1.01x at end FY08. Still, this was higher than the 0.75x as of
end 3Q09, as Swiber took on more debt to finance the slower billings to
customer. Management guides that this was due to timing issues on project
progress and actual billings.
Recommendation
US$142m y-t-d order win in 2010. We estimate that Swiber would have won
>US$788m worth of announced and unannounced contracts ( |
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actually this news can push the price up
ozone2002 ( Date: 03-Mar-2010 18:21) Posted:
| Swiber Holdings, BUY S$1.03, Bloomberg: SWIB SP
Look beyond 2009
Price Target: S$ 1.42
By: Wee Lee CHONG CFA, +65 6398 7971
At a Glance
FY09 results were below expectation, due to worse than expected gross
margin for variation orders.
Price catalysts - Expect year round offshore EPCIC contract wins from
various regions in Asia.
+38% to our target price of S$1.42. Maintain BUY.
Comment on Results
Swiber’s net profit was down 11% y-o-y to US$35m in FY09. The US$8m
recurring net profit in FY09 was lower than our expectation of US$20m,
after factoring in US$7m mark-to-market and one-off insurance write-off for
Swiber’s convertible bond, and the US$33m gain from vessel disposals. The
increase in Swiber’s offshore fleet and the postponement of possible profit
recognition for a US$30m project were the key reasons for the slump in
gross profit margin to only 0.2% in 4Q09, vs. a normalized 15-25%.
Net gearing is lower y-o-y. Swiber’s net gearing has fallen to 0.86x by end
FY09, vs. 1.01x at end FY08. Still, this was higher than the 0.75x as of
end 3Q09, as Swiber took on more debt to finance the slower billings to
customer. Management guides that this was due to timing issues on project
progress and actual billings.
Recommendation
US$142m y-t-d order win in 2010. We estimate that Swiber would have won
>US$788m worth of announced and unannounced contracts ( |
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