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Vard Holdings

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Peter_Pan
    24-Jul-2013 13:40  
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Anyway, just now i met my broker for lunch. I asked him about this counter can buy or not. He advised to wait and see first.
 
 
Peter_Pan
    24-Jul-2013 13:37  
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Run road liao...

GorgeousOng      ( Date: 24-Jul-2013 13:30) Posted:

I just went to Vard office ....the door was locked... Hahaha! No one was in the office ... May be busy preparing announcement !!!

Peter_Pan      ( Date: 24-Jul-2013 13:03) Posted:

Maybe contract wins announcement is coming I guess


 
 
GorgeousOng
    24-Jul-2013 13:30  
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I just went to Vard office ....the door was locked... Hahaha! No one was in the office ... May be busy preparing announcement !!!

Peter_Pan      ( Date: 24-Jul-2013 13:03) Posted:

Maybe contract wins announcement is coming I guess.

GorgeousOng      ( Date: 24-Jul-2013 09:56) Posted:

Emmm... Let me check how many bullets I have now...ok?😏


 

 
Peter_Pan
    24-Jul-2013 13:15  
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Hope is a good guess bah....since current price looks ok to invest now. Any further drop can at least do some averaging...won't hurt your bone..only scratch the skin. lol!
 
 
Simpsons
    24-Jul-2013 13:08  
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Lol..since 1 month ago, i told myself that contract win coming..but waited neck long long..hopefully it is..
 
 
Peter_Pan
    24-Jul-2013 13:03  
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Maybe contract wins announcement is coming I guess.

GorgeousOng      ( Date: 24-Jul-2013 09:56) Posted:

Emmm... Let me check how many bullets I have now...ok?😏

Peter_Pan      ( Date: 24-Jul-2013 09:46) Posted:

The biggest BB has spoken...it's time to invest in this counter.


 

 
blurtrader
    24-Jul-2013 12:19  
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why so many 1 lotters uh?

teeth53      ( Date: 24-Jul-2013 11:58) Posted:

When those holding 5% ++ bot...? It oso time retail to collect...

 
 
teeth53
    24-Jul-2013 11:58  
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When those holding 5% ++ bot...? It oso time retail to collect...
 
 
teeth53
    24-Jul-2013 11:53  
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Well. U are right...they, the boss don sell. They either buy more at cheaper prices or when price look more n more solid...might raise more equity here. Use public money better.

newbie888      ( Date: 24-Jul-2013 00:00) Posted:

hm....if the price goes down the owner is happy as they may buy in and privatize at an even lower price....but if the price goes up why would they be happy? Unless they benefit from the sales of the shares they have on hand...With billions of book order in the pocket already y would they want to sell the co.?

teeth53      ( Date: 23-Jul-2013 23:09) Posted:



Two scenes. Think like owner which one U prefer if owner is v.rich?.

1) price movment up - Owner happi oso...

2) price movement down, owner oso very happi


 
 
TinyPotato
    24-Jul-2013 11:20  
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Seems like " someone" is accumulating at $0.785 since morning... holding well so far .. fingers & toes cross !!
 

 
Simpsons
    24-Jul-2013 11:18  
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At least fincantieri came out to give a boost of confidence in their acquisition for vard. Although should have done earlier but still late better than never lol..
 
 
MtFaber
    24-Jul-2013 11:13  
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Mmm shortists may have to return borrowed ammo soon!
 
 
Simpsons
    24-Jul-2013 10:00  
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Need to go to ammo to replenish bullets..lol
 
 
GorgeousOng
    24-Jul-2013 09:56  
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Emmm... Let me check how many bullets I have now...ok?😏

Peter_Pan      ( Date: 24-Jul-2013 09:46) Posted:

The biggest BB has spoken...it's time to invest in this counter.

 
 
Peter_Pan
    24-Jul-2013 09:52  
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Can make use of the weak China data to gain entry.
 

 
p0emmm
    24-Jul-2013 09:49  
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Uphill from now..
 
 
Peter_Pan
    24-Jul-2013 09:46  
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The biggest BB has spoken...it's time to invest in this counter.
 
 
ozone2002
    24-Jul-2013 09:42  
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Vard is the world leader in the construction of support vessels for oil and gas extraction and production.

cheapest O& M stock n what's more it's the world leader in it's industry..

standby for reversal from downtrend.. i'm watching VARD
 
 
WanSiTong
    24-Jul-2013 09:38  
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The Board of Directors of Fincantieri met today, July 23, 2013 to examine the Group's performance in the first half of 2013:

On 23 January, Fincantieri completed the acquisition of a controlling interest (50.75%) in STX OSV (now renamed Vard), and raised its stake to 55.63% after the completion of the mandatory tender offer made under the rules of the Singapore Stock Exchange. Vard is the world leader in the construction of support vessels for oil and gas extraction and production. The acquisition is part of the strategy to diversify and internationalize the Group’s operations toward businesses and geographical areas with higher growth and profitability prospects. This acquisition doubles the Group's size to some euro 4 billion in annual revenues and approximately 20,000 employees, in 21 shipyards located in 3 different continents, and allows the Group to positionitself as leader in all the high value-added and high-potential segments of the shipbuilding industry.

The first half of 2013 reports an EBIT of euro 101 million (euro 34 million at 30.06.2012), an EBITDA of euro 137 million (euro 68 million at 30.06.2012) and revenues of euro 1,934 million (euro 1,233 million at 30.06.2012). These positive operating results have been obtained in a market environment that remains challenging despite some initial signs of recovery, and have benefited from the first-time consolidation of the Vard group effective from 23 January 2013.


WanSiTong      ( Date: 24-Jul-2013 09:36) Posted:



July 23, 2013

Fincantieri Triples First Half 2013 Operating Results

Strong Growth Thanks to Acquisition of VARD

The Board of Directors of Fincantieri met today, July 23, 2013 to examine the Group's performance in the first half of 2013:

On 23 January, Fincantieri completed the acquisition of a controlling interest (50.75%) in STX OSV (now renamed Vard), and raised its stake to 55.63% after the completion of the mandatory tender offer made under the rules of the Singapore Stock Exchange. Vard is the world leader in the construction of support vessels for oil and gas extraction and production. The acquisition is part of the strategy to diversify and internationalize the Group’s operations toward businesses and geographical areas with higher growth and profitability prospects. This acquisition doubles the Group's size to some euro 4 billion in annual revenues and approximately 20,000 employees, in 21 shipyards located in 3 different continents, and allows the Group to positionitself as leader in all the high value-added and high-potential segments of the shipbuilding industry.

The first half of 2013 reports an EBIT of euro 101 million (euro 34 million at 30.06.2012), an EBITDA of euro 137 million (euro 68 million at 30.06.2012) and revenues of euro 1,934 million (euro 1,233 million at 30.06.2012). These positive operating results have been obtained in a market environment that remains challenging despite some initial signs of recovery, and have benefited from the first-time consolidation of the Vard group effective from 23 January 2013.

heavenknow      ( Date: 24-Jul-2013 00:09) Posted:



This link to the article is here -  http://www.maritime-executive.com/article/Fincantieri-Triples-First-Half-2013-Operating-Results/

For those who are interested. 


 
 
WanSiTong
    24-Jul-2013 09:36  
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July 23, 2013

Fincantieri Triples First Half 2013 Operating Results

Strong Growth Thanks to Acquisition of VARD

The Board of Directors of Fincantieri met today, July 23, 2013 to examine the Group's performance in the first half of 2013:

On 23 January, Fincantieri completed the acquisition of a controlling interest (50.75%) in STX OSV (now renamed Vard), and raised its stake to 55.63% after the completion of the mandatory tender offer made under the rules of the Singapore Stock Exchange. Vard is the world leader in the construction of support vessels for oil and gas extraction and production. The acquisition is part of the strategy to diversify and internationalize the Group’s operations toward businesses and geographical areas with higher growth and profitability prospects. This acquisition doubles the Group's size to some euro 4 billion in annual revenues and approximately 20,000 employees, in 21 shipyards located in 3 different continents, and allows the Group to positionitself as leader in all the high value-added and high-potential segments of the shipbuilding industry.

The first half of 2013 reports an EBIT of euro 101 million (euro 34 million at 30.06.2012), an EBITDA of euro 137 million (euro 68 million at 30.06.2012) and revenues of euro 1,934 million (euro 1,233 million at 30.06.2012). These positive operating results have been obtained in a market environment that remains challenging despite some initial signs of recovery, and have benefited from the first-time consolidation of the Vard group effective from 23 January 2013.

heavenknow      ( Date: 24-Jul-2013 00:09) Posted:



This link to the article is here -  http://www.maritime-executive.com/article/Fincantieri-Triples-First-Half-2013-Operating-Results/

For those who are interested. 

 
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