
rayyeo ( Date: 05-Aug-2013 17:18) Posted:
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What is this info telling investor?
ozone2002 ( Date: 05-Aug-2013 16:13) Posted: |
SFGuyRuleZ ( Date: 04-Aug-2013 03:02) Posted:
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Feel I have the need to be responsible in what I post and let me eat my own humble pie..
Looked closer at the fundamentals of Swiber today and realised it has an extremely high net debt to income ratio of around 15.6, based on my projected earnings for this year. Using a new discount factor of 0.195, it's intrinsic value and also fair value based on my own analysis and valuation for Swiber as a stable company should be 0.86. Applogies..
SFGuyRuleZ ( Date: 24-Jul-2013 20:21) Posted:
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rayyeo ( Date: 29-Jul-2013 13:44) Posted:
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More or less there will be someone watching this forum one bah....
Swiber Holdings: Wins US$435m contracts sets up Islamic Trust Certificates
Summary: Swiber Holdings announced that it has clinched contracts worth about US$435m, US$330m of which were secured under the Swiber group and about US$105m under a joint venture company. Work will commence immediately and is expected to be completed by 2015. Meanwhile an SPV of the company has also established a US$500m multicurrency Islamic Trust Certificates Issue Programme proceeds from new issues will be used to refinance existing borrowings and fund capital expenditure, amongst others. Recall that the company had said that it was exploring options to establish Islamic Trust Certificates in Jun. Maintain BUY with S$0.86 fair value estimate. (Low Pei Han)
Peter_Pan ( Date: 29-Jul-2013 12:55) Posted:
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SINGAPORE—Swiber Holdings has secured contracts worth around US$435 million (S$551 million), which the company said bears witness to the industry’s recognition of Swiber’s leading edge solutions.
The company, which provides construction and support services to the offshore oil and gas industry, said the Swiber Group won a contract worth US$330 million while a joint venture company secured a deal worth US$105 million.
Swiber did not provide any further details about the contracts, but Chief Executive Officer Francis Wong said he expects the Group to continue to attract high-value work from Asia-Pacific, Latin America and the Middle East.
“Geographical diversification will indeed continue to be the cornerstone of our growth path in the offshore oil and gas industry,” he said.
rayyeo ( Date: 29-Jul-2013 12:39) Posted:
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you all too excited liao...
BB dun wan to buy up liao........
sian lah...
Peter_Pan ( Date: 29-Jul-2013 12:20) Posted:
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Du_shen ( Date: 29-Jul-2013 07:35) Posted:
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Swiber Holdings Limited a world class integrated construction and support services provider to the offshore oil and gas industry, today announced that it has clinched sizeable contracts worth approximately US$435 million. Contract wins comprise of approximately US$330 million under the Swiber Group and approximately US$105 million under Swiber Group joint venture company. These contracts will commence immediately and are expected to be completed by 2015.'(Closing Price S$0.725, -)
Time: 9:01AM
Exchange: SGX
Stock: Swiber(AK3)
Signal: Bullish ADX Crossover
Last Done: $0.755
I am confident. :)
SFGuyRuleZ ( Date: 24-Jul-2013 20:21) Posted:
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tea444u ( Date: 24-Jul-2013 18:43) Posted:
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