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Very close to your TP of 0.10 cents. Otto huat huat...arhh.
All now leaving it to Brokers Securities houses players.
yummygd ( Date: 12-Nov-2013 10:23) Posted:
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Otto Marine -- New NAV per share (US cents) 7.59 ( or 9.54 Singapore cents)
teeth53 ( Date: 12-Nov-2013 10:30) Posted:
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http://infopub.sgx.com/FileOpen/Otto_Marine_Limited_Announcement_Q3FY2013_Results_13_November_2013.ashx?App=Announcement& FileID=264003
Revenue - External revenue increased by US$68.3 million primarily contributed by the shipbuilding, ship repairs and conversion, chartering and subsea services segments. The increase was partially offset by the leasing and geophysical segment.
Shipbuilding, ship repairs and conversion ? external revenue for the segment increased US$65.9
mil primarily due to sale delivery of vessels and increased ship repairs and fabrication work.
Chartering ? The rise in revenue (US$28.4m) was contributed by better utilization and higher
charter rates.
Leasing ? The decrease in revenue (US$6.7 million) was attributable to the reduction in fleet size for
the leasing segment due to monetization of finance lease receivables in Q4 2012.
Gross profit (loss) -- The improvement in gross profit amounting to US$23.2 million was primarily contributed by the shipbuilding, ship repairs and conversion segment and lower gross loss in the geophysical segment.
The increase was partially offset by the decrease in gross profit in the chartering, leasing and subsea
segments.
The improvement in gross profit in the shipbuilding, ship repairs and conversion segment was due to
the increase in revenue. The decrease in gross profit in the chartering segment was primarily due to
increased repair costs of vessels while the decrease in gross profit in the leasing segment was due to
the reduction in number of vessels for leasing.
Other income -- Other income decreased by US$6.5 mil primarily as a result of decrease in rental income (US$0.1m), reduced gain on disposal of property, plant and equipment (US$12.2m), reduced gain from the changes in the fair value of interest rate swap (US$0.2m) and other income (US$0.3m). The decrease was partially negated by an increase in net foreign exchange gain (US$6.1m) and gain on disposal of investment in joint venture (US$0.2m).
http://infopub.sgx.com/FileOpen/Otto_Marine_Limited_PPT_3Q2013_13_November_2013.ashx?App=Announcement& FileID=264007
Otto_Marine_Limited_PPT_3Q2013_13_November_2013.pdf
Otto Marine is an offshore marine group with a focus on complex,
sophisticated and environmental friendly offshore support vessels.
Share Information. -- Incorporated 5 September 1979
Listed 28 November 2008. --
Current Share Price * S$ 0.060. Market Capitalisation S$ 247.62 million
P/B ratio 0.63x
NAV per share (US cents) 7.59 (9.54 Singapore cents)
Free Float 36.59% - Major Shareholders Mr. Yaw Chee Siew (63.41%)
Source: www.sgx.com 11 Nov 2013
Its out. Seems like this year gonna be profitable . q3 doing well.
I think it should be safe this time round. If you look at their announcement during 2011 and 2012, normally, they will issue profit warning, but since we didn't see any prior to their result release tomorrow, i think it should be quite safe.
gavinl ( Date: 12-Nov-2013 22:11) Posted:
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Gambling bugs bite me. Lol.
oldflyingfox ( Date: 12-Nov-2013 21:24) Posted:
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Private Fund injection, debt cleared now board purges out Standard Chartered proxies that have been " Jiak Liao Be" since 2008. Inflexion point.
Reference: http://ottomarine.listedcompany.com/news.html/id/379892
oldflyingfox ( Date: 12-Nov-2013 21:24) Posted:
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wow, play contra just before the Q3 report, u r very brave!
Boring day. See got luck tmr or not? Lol
gavinl ( Date: 12-Nov-2013 10:58) Posted:
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Best to wait, BB actions might not be consistent. DD required
Wow! Congras.
yummygd ( Date: 12-Nov-2013 11:11) Posted:
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Good luck To us both ! Bought at 6 sometime
Back.
Back.
gavinl ( Date: 12-Nov-2013 10:58) Posted:
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Miss yummy, u bought otto too?
I just bought 200@ 0.063 for contra.
Wish us good luck. Lol
I just bought 200@ 0.063 for contra.
Wish us good luck. Lol
yummygd ( Date: 12-Nov-2013 10:35) Posted:
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Roger! Its been brewing for sometime. Hopefully the explosion is not so small. Anyways results coming soon. Hope its outstanding
teeth53 ( Date: 12-Nov-2013 10:33) Posted:
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All dependable on mkt BBs n players, just like viking...
My acct came under Kimeng, went to do a brief check on historic trading, mentioned to hold...when it was trading at low of less then 6c, with a premium of 50% TP.
My bad i meant 8
yummygd ( Date: 12-Nov-2013 10:23) Posted:
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Thanks so TP around 10 at least? If base on below 6 .
teeth53 ( Date: 12-Nov-2013 10:21) Posted:
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My acct came under Kimeng, went to do a brief check on historic trading, mentioned to hold...when it was trading at low of less then 6c, with a premium of 50% TP.