
many counter drops below IPO price... and this counter IPO price is only 0.36.. so, what do u think?
Ezra pays dividend but Swiber not. About 8cents for 2008
If u have not bought or looking to buy, get this one. It will play catch up with Ezra and KS Energy. It has no reason why it is lower than the 2.
Buy for at least 30c upside from here
This latest project is part of a major long-term agreement that was previously announced by Swiber in March 2008.
Some good news, will the price still go down???
1 That project encompassed Swiber providing offshore installation services in the Gulf of Thailand for various clients of CUEL at an estimated annual value of approximately US Dollars fifty million per year for a period of up to five years beginning 2009.After researching for the recent selldown, I think the concerns on funding for expansion were overdone. Both Swiber and Ezra have the same kind of asset light business model. The recent and third S&L was a good confidence indicator.
What's more to ask for a company with PE 4x FY09 and a CAGR of 53%.
I expect a 6 months target of 50% capital gain. Shall review my holding on this gem by then
May I know who issue the target price of $1. I want to take a good look at the research report. Thanks
Dont catch a falling knife. Target is $1 only.
You are dealing with Mr. Market now. Make sure you can 'forget' about your new investment for many months to come.
hotstock ( Date: 01-Sep-2008 11:43) Posted:
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Anyone think it is an opportunity to buy given that it is battered down with no apparent reason or any business change?
Now vested already since it is at 1.30 level
What happened to this gem? breaking low each day and seems unstoppable.
So much good news yet so negative sentiment for this counter. Any one know why? Why Ezra, KS Energy are not subjected to such selling???
Another report. Vested
http://www.remisiers.org/research//marinesector%20-%20positive%20200808%20dbsv.pdf
Seem exciting??? Potential contracts to come??
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_68DC79C1C244CF69482574AB003B5107/$file/PressRelease_Swiber_MOU_with_Rawabi_20Aug08.pdf?openelement
http://in.reuters.com/article/oilRpt/idINSIN27885920080814?sp=true
Phew...Swiber Order Book swell from $176M last year to $664M now!
IMHO, this counter may head north tomorrow... I am vested... As usual, disclaimer applies..
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Swiber's Q2 earnings more than triple to US$22.2m
EMERGING offshore oil and gas service provider Swiber Holdings yesterday reported second-quarter earnings growth of more than three times to US$22.2 million, from US$6.2 million last year.

Good insight you have there.
edit: your foreigner in this counter is MS.
they've been actively churning the local stocks recently. Capland runup last week was done in part by them as well.
which is why i keep saying that if you go by 'fundamentals' and 'value', that's not possible in our market.
yup looks like it, cheers.
carpet bombing by the BBs. likely same cartel that played Jade and all that.
just relax and see what they do.
above only my opinion, caveat applies.