
Dear Swiber,
Sori when i broke off with you last friday, never tot that u're willing to go down utill so low to lure me back.... but now i'm stuck with china mei mei leh... maybe i dump china mei mei and come back to u if u're going to go back ur old self like when we just met??
Waiting for u patiently
Your lovely,
WLBO_BB
Likely to be supported at 1.00 near term, should rebound back to $1.10.
So can choose to sell by then, or keep for good till result release.
Think will close by 1.06 today.
Hulumas ( Date: 26-Jan-2010 16:37) Posted:
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FearValueGreed ( Date: 26-Jan-2010 16:33) Posted:
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Wa, today my darling becomes a bashing boy 7% on the Wrong side.
HAve to be optimistic with this kind of mass selling mood today.
How about another contract by today closing to beef up the sentiment?
Short sellers targetting wrong guy. Just have to hold fort with the invaders.
Huat ah. If close by 1.10, still got chance for a convincing rebound tmr.
Ai yah yr ang pao shrink bit only, mine one really no eye see.. anyway.. life like that... got up & down .. kan kai dian
WLBO_BB ( Date: 26-Jan-2010 13:45) Posted:
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Cross_Stitch ( Date: 26-Jan-2010 13:13) Posted:
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wa you waititng for what kind of signal?
To dive in or to jump out!!!!
WLBO_BB ( Date: 26-Jan-2010 10:20) Posted:
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Can buy provided you have holding power :) got 30-50% upside
I am expecting more contract wins announcements to come....and more houses upgrades.....
Today there was a married deal 15milion shares traded. Dun know which joker bought it? But it represents 3% of float, got some meat.Any way should be good news tmr.
Wa, if announces purchase by Goldman Saach, xiao liao lor , maybe Mr KS good enough to fly this sleeping AHTS.
CIMB also made its buy call today :
O
UTPERFORM Maintained Swiber Holdings S$1.15 Target: S$1.72Strong order-win momentum
Offshore & Marine
Maintain Outperform and target price of S$1.72,
year historical average). Swiber and its consortium partner have been awarded an
engineering, procurement, construction, installation and commissioning (EPCIC)
contract worth US$188.8m by a leading oil & gas operator in South Asia. We believe
Swiber’s portion could amount to 30-40% of the contract value, or around US$66m.
The current win falls within our expectations of US$500m new wins for FY10. Our
earnings estimates are unchanged, as is our target price. We expect stock catalysts
from the further announcement of order wins and strong, sustainable margins.
still based on 12x CY11 P/E (3-Comments
Strong tendering pipeline of US$7bn.
contract wins of over US$315m, reversing the decline in its order book. In addition, we
believe there could be awards from India’s national oil company, ONGC, in the near
term. We believe Swiber has submitted US$1bn worth of bids in different packages
ranging from US$70m to US$300m. We expect the order momentum to accelerate
from 1Q10 as more awards are expected from the offshore construction sector on the
Petrobras calls for re-tender of contract.
cancelled a tender to contract a wide range of flexible flowlines and rigid risers for four
of its north-east shallow fields. Swiber had been the lowest bidder for the contract
(refer to our report, “Chasing big contracts in Brazil and India” dated 26 Oct 09).
Petrobras has apparently decided to streamline work, by removing the Guaricema,
Dourado and Camorim fields located in the Sergipe-Alagoas basin from the tender.
New bidding will target only the Ubarana field and Guamare gasoline unit in the
Potiguar basin. Petrobras has invited all groups to re-bid for the new contract,
including companies previously disqualified in the first tender. An announcement of
back of a revival in capex by oil companies
the winner for this contract could be made in mid-April.
Swiber wont do placement unless the price is high enough and this can be only so and justify if they have further contracts. They have raised more than US$170m during last 6months. It doesnt justify to raise again unless new contracts, eroding the ROE and ROA unnecessarily.
So make sure you dump if it climb too fast and too furious. Haha $1.50. Looks good.
FearValueGreed ( Date: 22-Jan-2010 22:43) Posted:
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WLBO_BB,
So ur new gf muz b Rotary rite? If Rotary climbs abv Swiber 1 day do u belief?
Btw, ur ex-gf Swiber'll "eat big oil" (in Hokkien) during u & her were in love?
('',)
Swiber have been my favourite counter for the past 4 months... just like having a girlfriend during these period..
We share happiness, saddness, etc etc. .But have decided to broke off with her last friday when we cannot meet our expectation for each other
Maybe also because i did not have enough confident in her or i have fallen in love with another girl but i will back once awhile to see her... Take care Swiber and wish you guy take good care of her...
With Love,
WLBO_BB
P/S: me bot @$1.00... did not sell during high @ $1.25... but sold on friday @1.12. ..
Really fall to 1.10 region then bounce back
Really hand itchy yesterday, otherwise would have made a bit more monies
But think again if I didnt buy yesterday, would I dare to buy today?
Of course if you are a long term investor and not really if you are buying with flicker conviction.
Swiber cheong, cheong. Next week kana another contract, confirm $1.40
Analyst upgrade, add another ten cents, $1.50. Want to be poor also difficult.
But seriously, Swiber strong technical resilient these two days shows that there are lot of holders yet to unload. There must be insider info that more contract is coming. And sellers must have flushed out by today panic selling. So next week can relax a bit, no more roller coaster ride. Need a handful of buyers to push it break the $1.20 barrier
Huat ah.