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Whats broker house tp? Can share?
teeth53 ( Date: 12-Nov-2013 10:00) Posted:
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Moving!!
teeth53 ( Date: 12-Nov-2013 10:00) Posted:
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Broker house has a higher TP then 0.064c
yummygd ( Date: 12-Nov-2013 09:47) Posted:
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64 very strong dun wanna move
Otto is brewing into new buzz stratry.
Otto Marine all set to report +ve result announcement with new CEO, new business strategy.
Otto Marine all set to report +ve result announcement with new CEO, new business strategy.
| Next Earnings Announcement |
11/14/2013 or 11/13/2013?. one day, not much different |
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An astronomical new record for an AHTS vessel. Otto Marine said - sold two (2) vessels to an Indonesian firm, PT Go Marine Int'l, in which it has a 49% stake.
Deep Sea 1, built at Otto Marine?s Batam yard, was sold for $95m, while an AHTS, Go Riegel, was sold for $25m.
The sales will help pay back bank loans, Otto Marine said in a release.
if for more info, link....
http://seashipnews.com/news_content.php?fid=3w3c1535
Otto Marine - A leading offshore marine company, has announced the completion of a unit of Anchor Handling Tug Supply (AHTS) vessel named ?Go Phoenix?. The highly complex Norwegian designed newest AHTS vessel, also considered one of the world?s largest, is the 2nd of the four vessels completed by Otto.
Consecutive construction of the third and fourth vessels will be completed between 2013 and 2014.
Otto Secures More Shipbuilding Orders - Separately, Otto has also announced that it has secured orders for the newbuilding of five cement carriers. All five cement carriers will be constructed in Otto?s shipyard in Batam. Additional potential contracts in the pipeline include a carrier conversion order for two bulk carriers and one ocean towing tug. With the completion of its AHTS and cement carrier orders,.
Otto is set to focus on its shipyard operations on repairs, conversion and fabrication works, which could potentially see more orders being filled for their shipyard operations. Coupled with the growing number of activities in the offshore and marine industry and the strategic location of its shipyards, Otto is set to obtain more orders in the near future.
Significance: Observed robust business activities can bring, securing additional contracts, providing steady cash inflows to the co. Otto could also rein in more growth and leverage on the increase in demand especially in Indonesia given the country?s requirement for majority ownership in vessels operating in its region.
teeth53 thot - Please do own analysis n homework, just sharing info oni.
It is out of the bottom already. 2 good business news announce today, read from SGX.
moneyplant ( Date: 31-Oct-2013 10:35) Posted:
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You mean 13 November before market opens right?
Its already scratching the bottom of the sea bed.
oldflyingfox ( Date: 31-Oct-2013 10:33) Posted:
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Still searching for the bottom, next stronger support will be at 53 and 51cts. The Q3 result will be out on 13 Oct, that day maybe a turning point.
Any news on this otto why it has been trending down of late?
Fear already inbuilt into penny stock thus the prices should include the risk/fear now....
It remains the investor's perceptions if you want to go with a stock. It all depends on your risk appetite. Higher risk higher returns. 4D/ Toto, Stocks and Bonds,FD etc...
Reading too much into tea leaves.... the SGX requires compliance . Good luck!
tenacious ( Date: 30-Oct-2013 09:49) Posted:
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The recent spate of queries are worrying .... read for yourself
clarifying sgxs clarification-20131030
From a close reading of SGX's release, the first point to note is that the exchange's powers are limited almost wholly to issuing warning signals to the market if trading takes an unusual turn. These warnings range in strength, starting with a query - the first signal that something may be amiss. Then it progresses to designation (which occurs if there may be possible manipulation and/or excessive speculation) and ends with an exchange-driven suspension (when the exchange thinks the market is not orderly, informed or fair).
Please to announce hmmm good good. Will grab more tom
moneyplant ( Date: 29-Oct-2013 20:08) Posted:
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OTTO MARINE LIMITED
(UEN : 197902647M)
(Incorporated with limited liability in the Republic of Singapore on 5 September 1979)
DATE OF RELEASE OF 3rd QUARTER 2013 FINANCIAL RESULTS ENDED 30 SEPTEMBER 2013
Otto Marine Limited (the ?Company?) is pleased to inform that the Company will release its financial results for its FY3Q2013 on Wednesday, 13 November 2013, before trading hours.
Submitted by:
Michael See Kian Heng
Executive Director and Group Chief Financial Officer
29 October 2013
moneyplant ( Date: 23-Oct-2013 16:53) Posted:
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Inflexion point, it all depends on the market movement.
If I tell you what to do I will be lying to you. Your own judgement
I shall provide facts and hard evidence.
Its slid down prices always halve after series of negative DnB Nor Market findings.
http://research.sgx.com/reports/rpt_list.pl?coy=O& action=by_coy
Red to Black this year finance. Management will at all cost avoid getting onto SGX watch list.
oldflyingfox ( Date: 23-Oct-2013 15:38) Posted:
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Short term uptrend but long term still downtrend, need to break up the long term downtrend upper channel around 7cts. And there is also a price gap of 7.4 to 7.8cts plus previous high was 7.4cts, both of these will cause some resistances.
Therefore, can consider to take some profit when it reaches at 7.x level as it will takes some time to break up all these. But remember to buy back on dip as the company has started to turn around and should be on the way back to 8.x level by next quarter report.
Price below 6cts is good entry point.
Just my opinion, good luck!
Bro moneyplant. I'm not good with TA. Does what you said means that it is on a up trend? If so got any target price? :)
moneyplant ( Date: 23-Oct-2013 10:22) Posted:
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Accelerating escalating movement in MACD, Envelope
oldflyingfox ( Date: 21-Oct-2013 21:43) Posted:
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