Vard   

Vard Holdings

Wa Lau,, U said me???

So this one u post one ah???    So u r one of them who short ah???   

Or u wish to get cheaper by rubbing salt on other wound??? 

U like that no good leh, anyhow post to cause fear... Zzzzzzzzz

Aberdeen123      ( Date: 01-Aug-2013 10:07) Posted: Ship still grounded.Forward cannot gostan also cannot.Use force can break into two and sink.  It will take months before any sign of recovery.

 

That time so many had negative view on Vard and keep spitting down at  it but only one of this poor SFGuyRuleZ keep holding it.

At least i didn't anyhow post to cause fear, i even hold his  hand gently, hug and kiss her. That's love...

Some of the forumer only like to put salt on wound. Why don't give  some love to each others?

warrenbegger      ( Date: 23-Jul-2013 21:16) Posted: Vard is not a rubbish company and  so it won't down all the way, When the dust settle, maybe it will rebound to it fair value  :) SFGuyRuleZ      ( Date: 23-Jul-2013 20:37) Posted: Cuz from mid of last year until now, speculation has been rife for this counter, starting with STX Group in debt, then the potential takeover from Fincantieri and investors are worried about the new direction of STX OSV, and whether or not the super high dividends will still be paid out.. Then for financial year last Q, profits plunged 80% because of Brazilian yard issue. Then with all the profit guidance and slight unfortunate loss this Q, this counter dived lo.. But I still believe that in the long term and after all the dust settles, Vard will shine.. But for now, I think can hibernate. I am vested also btw. =)

 

To explain,

Issue with shortiest-  I think u misunderstanding me, i love shortist. Cause i also part of it.

Using Cap letters- I like big cap for no reason, is just a personal preference, nothing to do with rude unless u like it.

Readability issues-  I feel it look neat and nice, if u find it ugly, u can don't see it. By the way i didn't spam like others..

Adverse view- At least i better than others  who anyhow post that  cause fear to others,  u should F**k them all for us.

*By the way, most of the post in forum is anyhow post one, u treat them so serious ah?  U should change the way u look at things :) 

Aberdeen123      ( Date: 07-Aug-2013 11:28) Posted: Wonder what is the issue  with shortist??They  are legalised traders also abiding by the SGX rules and regulations.It is only ones' preference whtr to long or short a counter.Hence it is not advisable to create a misconception here.Without them,I dont  think you can get stock at a low price. I would rather  one exercise a healthy dose of eq.Avoid using  all  CAPITAL LETTERS, large and/or brightly-coloured fonts when posting. This is considered " rude/shouting" and causes readability issues.One shld focus on the news development  of the  counter rather than  marginalize shortist or any forumner who has an adverse view on the counter. Cheers!

 

Wonder what is the issue  with shortist??They  are legalised traders also abiding by the SGX rules and regulations.It is only ones' preference whtr to long or short a counter.Hence it is not advisable to create a misconception here.Without them,I dont  think you can get stock at a low price.

I would rather  one exercise a healthy dose of eq.Avoid using  all  CAPITAL LETTERS, large and/or brightly-coloured fonts when posting. This is considered " rude/shouting" and causes readability issues.One shld focus on the news development  of the  counter rather than  marginalize shortist or any forumner who has an adverse view on the counter.

Cheers!

 

Very Gratz to shortist,

Backside kanna tear pain pain again and again and again   :)

 

Should have more upside but must be patience.

 

 

morningstar13      ( Date: 07-Aug-2013 10:04) Posted: Vard is truely the dark horse. When everything is 'red' in my portfolio, this one is green!!! yokoosi      ( Date: 07-Aug-2013 09:54) Posted: Lift off...no horse run !!   Huat Ah....

 

Vard is truely the dark horse. When everything is 'red' in my portfolio, this one is green!!!

yokoosi      ( Date: 07-Aug-2013 09:54) Posted: Lift off...no horse run !!   Huat Ah....

 

Lift off...no horse run !!

 

Huat Ah....

 

 

 

Still cheap.

Peter_Pan      ( Date: 06-Aug-2013 21:33) Posted: 0.90 is a given.

 

Last:0.855     Vol:5956k     +0.025

we have liftoff!! :)

gd luck dyodd

ozone2002      ( Date: 07-Aug-2013 09:31) Posted: Last:0.845     Vol:4204k     +0.015 moving up..now 84.5 volume ard 4million..still pretty decent when overall mkt is down gd luck DYODD ozone2002      ( Date: 01-Aug-2013 10:03) Posted: Last:0.825     Vol:1147k - just like to say this.. do ur research.. sieve out the good fundamental stocks that are cheap.. vard is hit by bad sentiments, but they are leaders in their industry.. definitely price will rebound just like olam got hit by muddy waters..price dropped drastically.. but look where it is now, back up again gd luck dyod

 

I've sold early! Wasted...sob!!

 

http://en.wikipedia.org/wiki/Pre-salt_layer

http://subseaworldnews.com/2013/05/08/petrobras-announces-oil-discovery-in-brazils-santos-basin-pre-salt-region/

http://www.pennenergy.com/articles/pennenergy/2013/06/petrobras-starts-production-in-santos-basin-lula-nordeste-pre-sa.html

http://www.technip.com/en/entities/brazil

http://en.wikipedia.org/wiki/Pipe-laying_ship

Do your own due diligence before investing.. =)

 

 

SFGuyRuleZ      ( Date: 06-Aug-2013 21:47) Posted: Sorry the formatting is all screwed up.. Will try posting again later. Please ignore.. SFGuyRuleZ      ( Date: 06-Aug-2013 21:37) Posted: http://en.wikipedia.org/wiki/Pre-salt_layer http://subseaworldnews.com/2013/05/08/petrobras-announces-oil-discovery-in-brazils-santos-basin-pre-salt-region/ http://www.pennenergy.com/articles/pennenergy/2013/06/petrobras-starts-production-in-santos-basin-lula-nordeste-pre-sa.html http://www.technip.com/en/entities/brazil http://en.wikipedia.org/wiki/Pipe-laying_ship Do your own due diligence..

 

Cheers!!! At last stablizezzzzz

 

Last:0.845     Vol:4204k     +0.015

moving up..now 84.5 volume ard 4million..still pretty decent when overall mkt is down

gd luck DYODD

ozone2002      ( Date: 01-Aug-2013 10:03) Posted: Last:0.825     Vol:1147k - just like to say this.. do ur research.. sieve out the good fundamental stocks that are cheap.. vard is hit by bad sentiments, but they are leaders in their industry.. definitely price will rebound just like olam got hit by muddy waters..price dropped drastically.. but look where it is now, back up again gd luck dyodd iluvboost      ( Date: 25-Jul-2013 12:31) Posted: i agree. based on technical indicators, the risk to reward ratio is good. (provided no sudden bad world news) entered today at 80, SL 78 , TP ~90-100 . fifo disclaimer

 

Nice rounded bottom formed based on technical chart. Crossed the 20days MA. Hope it will cover the gap at 1.00 to 1.08 eventually. Best of luck.

 

Showing signs of healthy recovery

 

Climbing up early in the morning~

 

 

Vard Holdings - two-day non-deal roadshow in Singapore ....

We hosted Vard for a two-day non-deal roadshow in Singapore with > 30 analysts and fund managers where interest was strong, with a focus on the negative surprises in Brazil. While Vard has taken a beating post its 2Q13 results, its FY13F valuations at 9.4x P/E and 3.7x EV/EBITDA (ex. construction loans) are attractive. 
Vard?s share price has been severely hit following weak 2Q13 results. However, we see catalysts in the form of order wins and recovery of investor confidence in the stock once the worst is proven to be over.

 

Hope to stay above 1 soon

 

...with proper formatting... previous post should look like this...

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Vard suffers from delays and cost overruns in Brazil ....

Management likely to have taken a NOK200m provision.

According to OSK, it estimates Vard took a ~NOK200m provision for the delays and cost overruns in Brazil and NOK70m in goodwill write-down for Niterói. Making adjustments for the provisions, operations outside Brazil is stable, with an estimated EBITDA margin of 10%-11%.

Here's more:

Management explained that it has taken the provisions based on its best assessment of the situation in Brazil and that it has made significant changes to its productivity assumptions.

NOK650m outstanding orderbook remaining at Niterói. Four vessels are still under construction, with the last unit to be delivered in 4Q2014. These orders are expected to have zero margins until completion.

Two more hulls under sub-contract. The liquiefied petroleum gas (LPG) hulls will delivered to the company’s new 50.5%-owned shipyard, Vard Promar, by end-2013 and early-2014. Starting from the third LPG unit, all major structures will be fabricated in-house, given that Vard Promar has started its operations in June 2013.

Potential Brazilian orders valued at up to NOK6bn. Petrobras (PBR) has awarded charters for three pipelaying support vessels (PLSVs) to Sapura Navegaca and three PLSVs to Subsea 7.

Upstream reported PBR is in negotiation with Technip-DOF JV to charter four PLSVs with two 300-tonne units to be built at Vard Promar and two 650-tonne units at Vard’s yard in Norway. We estimate the total value of these four PLSVs at around NOK6bn (USD1bn).