Swiber   

Swiber

news of swiber winning contracts would be a stronger catalyst than having good results though.. not expecting too much of the results due to lack of contract wins =/

 

Let's hope that the result on 13 Nov will be good

 

what's wrong with this counter.. seems to be languishing below 90 cents..

 

 

 

anyone knows on the outcome of swiber's bid for contracts?

 

C20 acquiring swissco.. any impact on swiber's share price? hehe 

 

lol i agree with you, but based on ezra's performance, i would think that even at $1.20, it is still undervalued, i would think around $1.40-$1.60 should be achievable! 

smilingchuan      ( Date: 26-Oct-2009 18:50) Posted: finally someone did a coverage on swiber. i would think this is the most laggard stock in singapore. aug last year it was trading at around 2 dollars plus. with this momentum and new contracts coming in. it could rally 8% a day. come end dec. it should close $1.20 or more.

 

finally someone did a coverage on swiber. i would think this is the most laggard stock in singapore. aug last year it was trading at around 2 dollars plus. with this momentum and new contracts coming in. it could rally 8% a day. come end dec. it should close $1.20 or more.

 

Swiber Holdings Quick takes - Chasing big contracts in Brazil and India - by Lim Siew Khee (SWIB SP / SWBR.SI, OUTPERFORM - Maintained, S$0.93 - Tgt. S$1.95, Oil Equipment and Services) Maintain Outperform on Swiber with a higher target price of S$1.95 (from S$1.61). We believe that Swiber could be awarded a total of US$600m contracts from Petrobras Brazil and ONGC India in the near future. Swiber's valuation of 7x core CY10 P/E is at a 30% discount to the other offshore & marine small caps under our coverage. With a potential acceleration in its order wins, we believe it could trade up to 12x, in line with its 3-year trading band. We upgrade our target price from S$1.61 to S$1.95, still based on 12x P/E but rolled forward to end-CY10. Order wins could be catalysts for the stock, we believe.

Quoted from CNA forum

 

think traders are pushing the share now, hope got good news ..

 

when will swiber touch $1 le, staying at the current lever for quite some time liao ..... go go go

 

Compare this to Ezion, Falcon, Ezra, ASL, Otto, which one you think will earn you most in a months time? My money is on Otto and Falcon..share your opinion please..

 

someone trying to accumulate this?keep having 1 lot sell down at 0.94 when it was trading at 0.94-0.945 and also1 lot sell down at 0.935 when it was trading at 0.935-0.94

 

i think got to have a little more patience on swiber. since ezra has already flown away. now swiber is the stock you better invest and hold...

 

EZA fly, but this one totally not move.

Sheet!

so invest, to select counters is very important!

 

someone should come in and burn all the shortists shorting this baby

 

i am not sure why swiber is not appreciating in price as most stocks have recovered to their highs of 2008. Swiber was trading in the region of $2.

With this 100 million bonds secured and in the pocket, it will give them more space to expand, acquire and move forward.

 

Stay vested!

 

this fellow is well perform .... hope can reach $1 soon ....

 

 

bonds were approved at today's meeting.. will it cheong on the news?

 

finally this gem woke up! will it finally unleash its true powers? hehehe!

 

Is the US$100m Conv Bond Issue fully underwritten by DBS (lead manager)? If not, Swiber is taking a very big risk here. Should the CB failed to materialise (due to falling share prices that make the floor conversion price of $1.08 unattractive) the repercussion is unimaginable.