Swiber   

Swiber

i see small lots gettin thrown at the 1.09 Q..

looks like retailers are panic-ing..

TA wise indicators are crossing over.. today broke 1.09 immediate high..

still got some upside to go..

 

if you let go, the tiger might just chase it all the way up the mountain

if you keep, bbs could well take it to reach "ozone"

haha, both also could if you keep

 

ok 1.11.. breaking soon..

 

i'm still holding on to my swiber.. if it doesn't break 1.11 today..then prob will let go..

 

Thanks, will monitor closely. This morning sold Yanlord too fast, now up again. Now scared, any profit quickly take first.

WLBO_BB      ( Date: 17-Feb-2010 12:06) Posted: well my personal view only...sentiment of market in the whole not very positive... look at today volume, miserable... if u look further the past 2 or 3 weeks, most days are down...thus my humble opinion is sell on rebound... btw.. if the bumber of lots u hold is not much or is for long term then no point buy and sell so soon... wasting broker fees... my 2 cents only... hapi new year btw susan66      ( Date: 17-Feb-2010 11:59) Posted: Just bought at 1.06 & 1.07, still looking good, you think should sell

 

well my personal view only...sentiment of market in the whole not very positive... look at today volume, miserable... if u look further the past 2 or 3 weeks, most days are down...thus my humble opinion is sell on rebound... btw.. if the bumber of lots u hold is not much or is for long term then no point buy and sell so soon... wasting broker fees...

my 2 cents only... hapi new year btw

susan66      ( Date: 17-Feb-2010 11:59) Posted: Just bought at 1.06 & 1.07, still looking good, you think should sell? WLBO_BB      ( Date: 17-Feb-2010 11:32) Posted: sell on rebound..

 

Just bought at 1.06 & 1.07, still looking good, you think should sell?

WLBO_BB      ( Date: 17-Feb-2010 11:32) Posted: sell on rebound... street81      ( Date: 17-Feb-2010 11:25) Posted: Stuck at 1.10....dunno want to vest or not

 

sell on rebound...

street81      ( Date: 17-Feb-2010 11:25) Posted: Stuck at 1.10....dunno want to vest or not

 

Stuck at 1.10....dunno want to vest or not 

 

big stumbling block @ $1.11

 

looking good

 

 

Swiber    1.100   +0.030   (", ) 

starbugs      ( Date: 11-Feb-2010 09:34) Posted: $1.24 was the old TP. New TP is $1.42   Swiber Holdings Buy S$1.03, Bloomberg: SWIB SP Follow the orders Price Target: 12-Month S$ 1.42 (Prev S$ 1.24) By: Wee Lee CHONG  CFA        Price catalysts from more orders in Southeast Asia and South Asia        in the coming months.        Swiber has secured estimated US$664m new orders since our upgrade        on 8 Dec 2009.        Raised earnings estimates by 10-12% on higher order win        assumptions. Expect consensus to follow.        Target price is raised to S$1.42, upside of 38%. Maintain BUY on        Swiber. More price catalysts in the coming months. The contract award seasons in Southeast Asia and South Asia have only commenced for 1-2 months, and investors can expect more T&I order flows to Swiber in Southeast Asia till March, and full EPCIC contracts in South Asia till June. This is consistent with our Oil & Gas sector report (dated 8 December 2009), and our analyst road shows on the sector in Asia last month. US$664m worth of new orders in the past 60 days. Swiber has secured an estimated US$664m combined worth of new contracts since our upgrade on 8 December 2009. The y-t-d orders are worth an estimated US$142m. We have raised our new order win assumption to US$800m for 2010, vs. US$450m previously. Consensus numbers are too low. We have raised our above-consensus recurring net profit estimates by 12% to S$64m for FY10. Indeed, while Swiber is only expected to be marginally profitable in 4Q09, we believe it would turn around strongly in 2010. We believe the streets’ estimates have not fully factored in the contribution from Swiber’s penetration into new markets in South Asia and the Middle East in 2010, resulting in possible order flows for most of this year, vs. only 3-4 months in previous years. Raises our target price for Swiber to S$1.42 Our target price for Swiber has been raised to S$1.42, using 10x diluted recurring FY10 PE. Maintain BUY on Swiber.

 

paiseh permutation problem.. haha..

 

$1.24 was the old TP. New TP is $1.42

 

Swiber Holdings Buy S$1.03, Bloomberg: SWIB SP
Follow the orders
Price Target: 12-Month S$ 1.42 (Prev S$ 1.24)
By: Wee Lee CHONG  CFA

       Price catalysts from more orders in Southeast Asia and South Asia
       in the coming months.

       Swiber has secured estimated US$664m new orders since our upgrade
       on 8 Dec 2009.

       Raised earnings estimates by 10-12% on higher order win
       assumptions. Expect consensus to follow.

       Target price is raised to S$1.42, upside of 38%. Maintain BUY on
       Swiber.

More price catalysts in the coming months. The contract award seasons in
Southeast Asia and South Asia have only commenced for 1-2 months, and
investors can expect more T&I order flows to Swiber in Southeast Asia till
March, and full EPCIC contracts in South Asia till June. This is consistent
with our Oil & Gas sector report (dated 8 December 2009), and our analyst
road shows on the sector in Asia last month.

US$664m worth of new orders in the past 60 days. Swiber has secured an
estimated US$664m combined worth of new contracts since our upgrade on 8
December 2009. The y-t-d orders are worth an estimated US$142m. We have
raised our new order win assumption to US$800m for 2010, vs. US$450m
previously.

Consensus numbers are too low. We have raised our above-consensus recurring
net profit estimates by 12% to S$64m for FY10. Indeed, while Swiber is only
expected to be marginally profitable in 4Q09, we believe it would turn
around strongly in 2010. We believe the streets’ estimates have not fully
factored in the contribution from Swiber’s penetration into new markets in
South Asia and the Middle East in 2010, resulting in possible order flows
for most of this year, vs. only 3-4 months in previous years.

Raises our target price for Swiber to S$1.42 Our target price for Swiber
has been raised to S$1.42, using 10x diluted recurring FY10 PE. Maintain
BUY on Swiber.

 

technically oversold..

DBS issued a report TP $1.24

 

No more upside? Is this considered a rally, hope can sustain but looks like stop moving up from here. Any advice?

 

good vol today..already half of yesterdays'

broke 1.08 immediate high..

 

 

good point... if cannot tahan and sell, then will play into down trend, if can tahan, at least will slow down the down trend momemtum

FearValueGreed      ( Date: 05-Feb-2010 23:45) Posted: No hurry, buy when STI hit 2550. You see, swiber can tahan because now got news. After the main tide keeps going now, no one will hold it. Wait for 90.5. No hurry, everyone kana margin and contra , must pare off. Already give up fighting a tsunami

 

No hurry, buy when STI hit 2550.

You see, swiber can tahan because now got news.

After the main tide keeps going now, no one will hold it.

Wait for 90.5.

No hurry, everyone kana margin and contra , must pare off.

Already give up fighting a tsunami

 

yar can wait for a few days to c how it goes. market nowadays pretty bad. same fro US market, hitting lotsof blue, dragging tt rest down.

For those whu r holding some alreadx (like mi) den lan lan try to hold on if can. A market cannot stand down forever. juz hold n wait till tt drop stops.

WLBO_BB      ( Date: 05-Feb-2010 16:51) Posted: dun buy dun buy, not now not now freeman_5js      ( Date: 05-Feb-2010 16:42) Posted: how to chiong when all tt ships beside her is sinking ~ hard hold on tight for those whu can ~