
Ozone, donno who you are but followed you many times though you r a one liner, burnt in gaoxian and unifiber but prosper in sinograndness
ozone2002 ( Date: 17-May-2013 10:11) Posted:
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Wah! You first time optimistic about this counter! Thank you yah! We all huat huat big!!! Cheers!
Stormer ( Date: 17-May-2013 10:15) Posted:
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Date | Open Price | Target Price | Upside/Downside | Price Call | Source | News |
---|---|---|---|---|---|---|
16/05/2013 | 1.13 | 1.69 | +0.56 (49.56%) | BUY | OSK |   |
16/05/2013 | 1.13 | 1.10 | -0.03 (2.65%) | HOLD | Credit Suisse |   |
15/05/2013 | 1.075 | 1.52 | +0.445 (41.40%) | BUY | OCBC |   |
15/05/2013 | 1.075 | 1.65 | +0.575 (53.49%) | BUY | Maybank Kim Eng |   |
15/05/2013 | 1.075 | 1.46 | +0.385 (35.81%) | BUY | DBS Vickers |   |
07/05/2013 | 1.06 | 1.82 | +0.76 (71.70%) | BUY | OSK |   |
30/04/2013 | 1.02 | 1.66 | +0.64 (62.75%) | BUY | Maybank Kim Eng |   |
From www.i3investor.com
Recent TP generally optimistic.
Vested. May cheong towards and then above Ficantieri recent offer price of 1.22 soon.
VARD – MER targets $1.82
Macquarie’s VARD Holdings warrants
CodeNameTypeExpiryExercise Price
S5LWVardHldgsMBeCW131202 Call2-Dec-131.20
VARD rallied another 0.9% yesterday, outperforming the STI. The 0.9% gain came right after a 5.7% increase on Wednesday. The stock’s stellar performance came on the back of VARD’s earnings result which was announced after market on Tuesday. On the same day, Macquarie Equities Research (MER) released a research report with a ‘Outperform’ recommendation and a 12-month price target of $1.82. Some excerpts from the research report are shown below.
VARD’s 1Q13 profit of NOK188mn (-30% YoY) came in 5% below MER’s estimates due to slightly lower revenue booking on some vessels. More importantly, the value of new orders disclosed in the call surprised one and all, as the street had ignored the large and complex nature of new vessels.
short term should aim for the old support where investors rejected the 1.22 offer. nothing has changed fundamentally since then.
read the results released on Tuesday...
FY2013 can be a good year for 2 reasons...
FY2012 only 22 vessels delivered 5. FY2013 up to now already 19 vessels confirmed...
The Promar yard is coming into operation in June...
No dividend declared this Qtr, so there is some buying in anticipation of a good dividend payout in August. If you hold a longer term view, the risk/reward now is much lower at 112 than at 122.
The general outlook for AHTS and subsea work had turned around. Waiting for the order to come in. Funds had overestimated FY2012 results, dumped the stock and left. Now, with the latest result, they smell blood and are coming back. But they are sneaky. They are buying 1 lot at a time.... I seriously dont think the 1 lotter are capable of pushing the counter this far. The funds must be behind it.
Personally i definitely look forward to better days for Vard. But then hey, my view doesnt count, only Mr Market will decide.
Vested and you will be rewarded handsomely :) shall not comment much
What makes you so sure of that?
Tempest ( Date: 16-May-2013 15:58) Posted:
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Vard holding will continue to chiong to 1.22.. So better don miss the chance
Marching back to 1.22 offer price.
Just an illustration. Resistance is the roof and support is the floor. If you bounce a ball and it hit the roof, it will definitely bounce back. If it hit the floor it will bounce up. Imagine Vard had been coming down. At some point, it will rebound but after some time it will come down. If it happened a few times on way down, just plot the lines on the roof. There you have the resistance line.
alicialee123 ( Date: 16-May-2013 13:57) Posted:
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I know you guys want the price to go up but the price seem to be stuck at 1.145 now... any idea?
yokoosi ( Date: 16-May-2013 14:08) Posted:
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wait for closing.
Huat Huat !
 
Hello...I am a newbie. Could you please explain what you meant by " overhead downtrend resistance at 1.17" ?
MtFaber ( Date: 16-May-2013 11:13) Posted:
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Congrats to those who listen to my call (: up up all the way!
...understand ... got it .... わ か り ま し た ...了 解 ...

MtFaber ( Date: 16-May-2013 11:13) Posted:
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Caution: There is a overhead downtrend resistance at 1.17. Have to clear this to confirm end of downtrend.
guoyanyunyan ( Date: 16-May-2013 10:47) Posted:
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Hold the Fort ! Huat Ah ~
Sell at strength/resistance level.The rise is not warranted.
Up up and away....$1.2 today?
HUAT AH !!!