Swiber   

Swiber

next week.. T+5 from vol breakout is the same as their result day. what will happen! :o) Price action on the last 2 trading day do look like they are heading to .64.. (ie covering gap).

 

I will let the market make their own decision, i don't provide prediction on counter rebound if there are certain risks that could cause people lose money.
If people win money, i will be glad for them. 

Du_shen      ( Date: 10-Nov-2013 07:15) Posted: But u seem 101% confident that swiber will Fall to below 50c. Its like free money dropping from e sky leh MetalTrader      ( Date: 09-Nov-2013 23:30) Posted: Nope, i don't short. Its not my profession

 

I don't have any of this counter. The reason why i removed fair price & rebound price is not giving people a price to jump in, they will make their decision themselves. 

 

Concurs with yr views.  I do not want to waste so much time and efforts on Swiber.  Have given up this counter with disappointment.

MetalTrader      ( Date: 10-Nov-2013 13:12) Posted: Edited: due to some risk factors involved (I will remove the fair value & rebound- my prediction ends when value dropped to 0.62 in 3 weeks, which may come as early within 2 weeks).  Whether to buy or sell on rebound is up to the market- i won't advise. All my prediction are not to be used for your decision on buy / sell.  Thanks. On 7 Nov night- Swiber Prediction [drop till 0.62 in 1 month]: 7 Nov :  Market closed 0.68.  I predicted a fall to 0.64 within 1-2 week, while most claimed uptrend.  8 Nov:    Market closed  0.665. 9 Nov:  I predict Swiber will fall to 0.64 within 4 days (14 Nov). 10 Nov:  I predict drop to 0.62 from 1 month to  2- 3 weeks.

 

Edited: due to some risk factors involved (I will remove the fair value & rebound- my prediction ends when value dropped to 0.62 in 3 weeks, which may come as early within 2 weeks).  Whether to buy or sell on rebound is up to the market- i won't advise. All my prediction are not to be used for your decision on buy / sell. 
Thanks.

On 7 Nov night- Swiber Prediction [drop till 0.62 in 1 month]:

7 Nov :  Market closed 0.68.  I predicted a fall to 0.64 within 1-2 week, while most claimed uptrend. 
8 Nov:    Market closed  0.665.
9 Nov:  I predict Swiber will fall to 0.64 within 4 days (14 Nov).
10 Nov:  I predict drop to 0.62 from 1 month to  2- 3 weeks.

 

It was reported in Straits Times (probably 2 mths ago) that Olam and Swiber are under the short seller lists.  Whenever, Swiber start to trend northwards, it lost the momentum and reversed back down again.  This scenario has been happening so often.  Myself vested in Swiber has lost confidence in this counter and sold off at a loss with no regret.  Putting in Ezra would be a better bet in the medium and long term hold.  Did make some profits from Ezra during the Euro crisis and sold off at a good profits together with special dividends shares from Triyards.

 

But u seem 101% confident that swiber will
Fall to below 50c. Its like free money dropping from e sky leh

MetalTrader      ( Date: 09-Nov-2013 23:30) Posted: Nope, i don't short. Its not my profession. Du_shen      ( Date: 09-Nov-2013 19:16) Posted: Are u shorting

 

Nope, i don't short. Its not my profession.

Du_shen      ( Date: 09-Nov-2013 19:16) Posted: Are u shorting? MetalTrader      ( Date: 09-Nov-2013 14:50) Posted: Prediction: A correction will begins soon & downtrend to 0.64 within 2 ~ 4 days.

 

Only time will tell who is right or wrong..
This stock is in my watchlist.

 

Are u shorting?

MetalTrader      ( Date: 09-Nov-2013 14:50) Posted: Prediction: A correction will begins soon & downtrend to 0.64 within 2 ~ 4 days.

 

Swiber may fly next week due to high NAV + gain in Kreuz shares sold off + contract wins announcement.. Easily hit above 80 c after result release. .

MetalTrader      ( Date: 09-Nov-2013 14:50) Posted: Prediction: A correction will begins soon & downtrend to 0.64 within 2 ~ 4 days.

 

Nxt wk shld be interesting.. :)

 

Prediction: A correction will begins soon & downtrend to 0.64 within 2 ~ 4 days.

 

should have sold at 0.70 that morning..jumped from 0.63 plus high volume t+3/5 next week plus results out..retailers bought recently still in the $$$..retailers bought last two days still out of the $$$..swiber chngkay distributing ghk to some and akk to some..

 

Interesting to note the increased views on this counter....which is good. Especially with
the recent planned sale of Kreuz.  The balance sheet of their performances can be view on and digest to individual wish ......
Also note that a group of researcher has a target of 0.838 and given BVPS of 1.0492.  
I guess the coming results will be interesting. I look forward to it.
have a great weekend :))

 

 

 

Valuation
Historical P/E Ratio	8.38
P/E Ratio (TTM)	7.10
P/BV (latest interim)	0.65
BVPS (latest interim) (SGD)	1.0492
EPS TTM (SGD)	0.0958

Recommendation

	Current	1 week ago	1 month ago	2 months ago	3 months ago
Buy	3	3	3	3	4
Outperform	0	0	0	0	0
Hold	1	1	1	1	0
UnderPerform	0	0	0	0	0
Sell	0	0	0	0	0
No Recommendation	0	0	0	0	0
Total Recommendation	4	4	4	4	4
Consensus Target Price	0.838 Outperform
Consensus Recommendation		Outperform	Outperform	Outperform	Buy

 

Previous results not good. Next week will show improvement or not is anybody's guess. Maybe have profits take first bah..dyodd

 

hmmm, i dont think market is that smart to see these flaws that u said? singapore market is irrational one.. need to break the 0.62 strong resistance to have a chance to fall to the value u said

MetalTrader      ( Date: 09-Nov-2013 02:46) Posted: On 7 Nov night- Swiber Prediction [Fair Value 0.40- 0.55, a huge fall, & rebound at 0.45 to 55 in 3 month] + [drop till 0.62 in 1 month]: 7 Nov : Market closed 0.68.  I predicted a fall to 0.64 within 1-2 week, while most claimed uptrend. 8 Nov:   Market closed 0.665. 9 Nov: I predict Swiber will fall to 0.64 within 4 days (14 Nov). UncleFan      ( Date: 08-Nov-2013 09:09) Posted: Hi guys, I am new here. Wanna ask about Swiber's outlook. For MetalTrader, may I ask how is the price of 0.68 above market value? I thought the daily traded prices are already the market value.  So how does one exactly arrive at a target price of 0.40-0.45?

 

4 days is just an estimation, 2 days may reach 0.64 on a more stricter prediction.
To Unclefan: Some hidden value are not to be seen by eyes. If everyone can predict, i will be out of this field.

                     

 

On 7 Nov night- Swiber Prediction [Fair Value 0.40- 0.55, a huge fall, & rebound at 0.45 to 55 in 3 month] + [drop till 0.62 in 1 month]:

7 Nov : Market closed 0.68.  I predicted a fall to 0.64 within 1-2 week, while most claimed uptrend.
8 Nov:   Market closed 0.665.
9 Nov: I predict Swiber will fall to 0.64 within 4 days (14 Nov).

UncleFan      ( Date: 08-Nov-2013 09:09) Posted: Hi guys, I am new here. Wanna ask about Swiber's outlook. For MetalTrader, may I ask how is the price of 0.68 above market value? I thought the daily traded prices are already the market value.  So how does one exactly arrive at a target price of 0.40-0.45?

 

Swiber

Financial strength
Total Debt to Equity (%): 159.22
Free Cash Flow to Firm (SGD million): -297.14

Valuation
P/BV: 0.66? (Do you really think so?) 

I can based on the info, & see a bigger flaws than what you can see,
Do you really think it is this price? If so, good luck.
Flaws are hidden, just to make the overall looks more nicer.

FATABA      ( Date: 08-Nov-2013 11:31) Posted: A prediction of a price is only a guide if it comes with a time factor. Or the price target is meaningless. ( personal view) .  Anyway I am not qualify to predict a 72c at what time. However....I echo the input below....with additional 21c....how long can it be....just wait for the shareholders meeting on this approval and we shall see...good luck Disposing entire stake in Kreuz for S$256.2m Swiber Holdings announced last evening that SEA9 Pte Ltd, an investment-holding company wholly-owned by The Headland Private Equity Fund 6 L.P, has proposed to acquire Swiber?s entire 57.5% stake in Kreuz Holdings for S$0.80/share, translating to a consideration of S$256.2m for Swiber. Due to a netting agreement in which all trade and other receivables as well as payables between Kreuz and Swiber are set-off and settled, Swiber will receive S$129.2m in cash out of its S$256.2m consideration. This translates to ~S$0.21/share in cash. silvermansac      ( Date: 08-Nov-2013 10:26) Posted: Good information & advice . I need another advice from you i bought for 72 cent five month before . When it reach 72 cent again