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hmm.. i'm wonderin who that prominant investor is?
What I like about Swissco is it has a experienced management team and there is quite a prominant investor too:).
Swissssssssss CO!
compared to its peer like Labroy, ASL.....think it's still under value...fair value should be abt $1.50+....think it will be uptrend more for this stock since marine biz is projected to be performing this year..cheers...
I really good time to buy swissco now...company to expecting to receive its newly ordered vessels in rest of 2007 ..so expecting this stock to be zoom beyond 2.10... buy...buy...
Still a long way from the Arabian sea! Hold!
Swissco is quite a laggard compared to swiber.
Will it reach $2 plus just like swiber?
On the Swissco warship going to Iran to find out what is happening there:).........
Swisssssssssssss CO!
The journey continues as it sails away. No sell and hold forever.......
Last i checked, the price was $1.12 Onto..... IRAN!! (if u cant beat them, join them)
Think it is unlikely to go below $1 so I guess the only way is up.....
Hi Livermore,
I bought in at 1.09, the day's highest point today.
Quite dismayed to see it closing at 1.05.
Do you reckon it will go up to $1.10 and above soon?
I'll hold "forever". I see oil price staying high for a long , long long time........
ROFL. What's with Iran? haha... nice to see Swissco moving up today. Recent news:
Swissco Expands Vessel Fleet with Order of 3 More
Vessels worth S$13.5m
Singapore, 13 June 2007
a SESDAQ-listed marine logistics company that provides offshore support
vessels and specialized services to the oil and gas industry, is pleased to
announce that its wholly-owned subsidiary, Swissco Offshore Pte Ltd has
recently placed order for three more vessels worth S$13.5m.
The Group has placed order for a 70m offshore support workboat from a Chinese
shipyard and expects delivery in 2H08. Prior to deployment, the vessel will be
retro-fitted in Singapore with specialized and enhanced equipment to enable the
vessel to carry out higher value services. This highly specialized vessel will be
able to accommodate up to 100 persons safely and comfortably in a harsh
offshore environment, while carrying out her role as a support vessel in the oil &
gas industry.
The Group has also placed order for another two vessels from an East Malaysian
shipyard in Sarawak that had delivered vessels to the Group previously. The
order includes a 26m multi-purpose workboat and a 31m utility offshore support
vessel. These two vessels are expected to be delivered by 1H08 to join the
Group?s current growing fleet.
?We have established ourselves as a provider of specialized yet versatile vessels
in a niche market. Our recent orders are a testament to our staunch commitment
to the exacting needs of the industry? said CEO, Alex Yeo.
The Group currently operates a fleet of 17 offshore vessels and expects to take
delivery of seven more vessels for the rest of FY2007 and six in FY2008. The
Group aims to reach a target fleet size of 30 to 35 in two years? time.
? Swissco International Ltd (?Swissco? or the ?Group?),
See you guys. I am on my way to Iran!!! Bye!!!
Sold at 86c and bought back at 90c. No sell. Hold forever!
Moving fast! any news on this counter?
<-- love dis smiley
It continues its journey to Iran! Sailing away!
Oops ! Price fallg to 0.870 liao... Right time to buy ?
i think anyone who is vested in any oil & gas related stocks should see their profits 'sail to Iran' LOLz for those who invested in all oil & gas related plays, congratS!
