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It is moving, and moving further. Don't forget it was only 4.7 not too long ago. Meaning very strong and strange interests. Something cooking.
moneyplant ( Date: 18-Sep-2013 10:15) Posted:
| Watch out for movement, Good Luck! |
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Watch out for movement, Good Luck!
hi Sir..u still vested? wonder when bbs will push this up... hoping for some good news from coy ...also delivery of two new vessels end of this month and ealy 2014 should be a good motivation for px to move up..so darn low already ...terrible!
Bopanha ( Date: 04-Apr-2013 14:37) Posted:
The reason for buying Otto Marine:- 8.8 cents is too low a valuation for Otto Marine. New orders have been rushing in quite regularly, but the price never took these into consideration. Time to move, tg px 12 cents.
JMS213 ( Date: 04-Apr-2013 11:56) Posted:
At the break of dawn is the most exciting moment, hold fast to what is right cos it get brighter and brighter. You will look like that  hehe |
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Let's start a new chapter for this BBs, Topic " Otto Marine is Ready to GO"
Based on Veteran KelvinLim123 said " This one is improving, management overhaul, and an expert formally from Keppel Philipine join them, and they are beginning to see orders coming in.
I believe this guy move over to otto, bring along it former customers as well.
expect more orders to follow, propsect can only get brighter. "
Otto has changed its outfits and putting on the engine, Ready to GO ...
This one is improving, management overhaul, and an expert formally from Keppel Philipine join them, and they are beginning to see orders coming in.
I believe this guy move over to otto, bring along it former customers as well.
expect more orders to follow, propsect can only get brighter.
Hi Jomini,This is not uncommon, it is not " round tripping " Read below, Mr Yaw owns a 29% stake in RY Offshore Limited.
Mr Yaw Chee Siew, the Company’s Chairman and Group Chief Executive Officer, owns a 29% interest in the issued and paid-up share capital of the RY Offshore Limited (the “Buyer”), with the remainder held by unrelated third parties. Save as disclosed above, none of the directors or controlling shareholders of the Company has any interest, whether direct or indirect, in the above transaction other than through their shareholdings in the Company.
At the hearing for Reflect’s application for leave to discontinue the JM Application on 5 April 2013, after hearing from solicitors for Reflect and solicitors for the creditors, the court granted a 4 week adjournment of the hearing for the JM Application and directed Reflect to file a new affidavit if it intends to proceed with the JM Application.
Expect more good news as they are changing their outfits and transforming the OTTO MARINE, ....... Cheers
its not really that. its just tt the new deal sounds like round tripping. sell to related co then related co lease to subsidiary.
just gotta read more carefully n verify with others....
I'm new in this arena, what I do know is
" when you least expect the BBs to move, it will .... not only move .... it soars like eagle" . This is that much I know .... is this one of Murphy's Law
| At the break of dawn is the most exciting and beautiful moment, hold fast to what is right cos it get brighter and brighter. You will look like that hehe |
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people are all preoccupied with hot stocks... like seeing people Q they will follow Q before they know what it is
Murphy's Law " Tell a man there are 300 billion stars in the universe and he'll believe you. Tell him a bench has wet paint on it and he'll have to touch to be sure.'
Master Bopanha,
You are absolutely right, Analyst's comment on Otto Marine,
Otto Marine Sells Vessel For US$50m
Otto Marine’s shipyard has, through its subsidiaries, sold a multi-purpose field support and ROV support Vessel named “Otto Explorer 3″ to RY Offshore for about US$50 million ($62 million)...... Otto Marine has received the deposit of US$1 million from RY Offshore for the transaction with the balance to be paid upon delivery of the Vessel to RY Offshore.....
Significance: The aforesaid transactions are expected to contribute positively to Otto Marine’s net tangible assets per shares or earnings per share of the firm for FY13.
Master Bopanha,
You are simply GREAT !!! I'm more intuitive but you know the mechanic of it all. Really want to Pai Si .... can you please provide some pointers .... please email me. Thank you
The reason for buying Otto Marine:- 8.8 cents is too low a valuation for Otto Marine. New orders have been rushing in quite regularly, but the price never took these into consideration. Time to move, tg px 12 cents.
JMS213 ( Date: 04-Apr-2013 11:56) Posted:
| At the break of dawn is the most exciting moment, hold fast to what is right cos it get brighter and brighter. You will look like that hehe |
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At the break of dawn is the most exciting moment, hold fast to what is right cos it get brighter and brighter. You will look like that hehe
chee buy some than price went down
... what happen !
Hi Master Bopanha,
Truly the Master, recently you said the BBs will go up, that very day it shot up. Guess
BUY is not a dirty word .......
YES, IT IS TIME TO BUY, BUY, BUY ..... 
The word is Buy!!! Yes before it goes up fast!! Cheers.
Yes, Senior OldflyingfoxSince the new board of management arrived, many many good news are being announced 
I was wondering where are you ...OTTO is ready to " GO" and sail the Seven Seas, The MACD is ready to break above its zero level to trigger further gains at around $0.095 and above. Don't wait before it is too late ......
Further to the Announcement, the Board is pleased to announce that Go Malaysia has on 2 April 2013, completed the transaction referred to in the Announcement. Read in between the line, ......... OTTO is get ready to " GO" and sail the Seven Seas .... INVESTMENT IN SUBSIDIARIES The Board of Directors (the “Board”) of Otto Marine Limited (the “Company”) refers to the announcement made by the Company on 25 March 2013 (the “Announcement”) in relation to the investment agreement dated 22 March 2013 entered into between Asean China Investment Fund II L.P. and UVM 2 Venture Investments LP, 2 private equity funds managed by UOB Venture Management Private Limited, Venstar Investments II Ltd., Venstar Investments III Ltd., and an individual investor (collectively, the “Investors”) and its subsidiary, Go Marine Ship Management (M) Sdn. Bhd. (“Go Malaysia”).
Further to the Announcement, the Board is pleased to announce that Go Malaysia has on 2 April 2013, completed the transaction referred to in the Announcement. In consideration for the issuance and allotment of the preference shares to the Investors, the Investors have wired an aggregate amount of US$22.5 million to Go Malaysia’s designated bank account.
The directors of the Company have taken all reasonable care to ensure that the facts stated in this announcement are fair and accurate in all material aspects as at the date hereof and that no material facts have been omitted from this announcement, and they jointly and severally accept responsibility accordingly.
By Order of the Board
See Kian Heng Executive Director and Group Chief Financial Officer 3 April 2013
