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1881-1900 of 2153
MACD is no good. Channel looks ok. William is oversold, moving towards upper region.
Up to you. Maybe can wait a while due to poor market sentiments.
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real, but didn't clear SIA, as its dip a bit far. but unloaded KepC at 11.84 and Kepld at 5.22 in the am, to keep some cash for contingencies. Q for SingTel but didn't get.
As DJ now is rebounded around 80 pts, weather seems fine, hope can last till 2morow. Will further confirm CO price later, as son now watching EU cup, couldn't get inot Text.
williamyeo ( Date: 09-Jun-2008 19:26) Posted:
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With order books stretching to 2011, there is no reason for KepFels to do a karmakazi in price to win another order.
This new order is for a semi submersible drillng tender (SSDT). Key word is 'tender'. In the O&G terminology, 'tenders' are logistic support units. The SSDT is not a drilling rig but a rig to support the drilling rig.
Deck space on drilling rigs are usually very constrained. So, the drilling tenders serves the function as a 'warehouse' to store things like drill pipes. Accomodation units are also part of the drilling tenders. Link below may give you a better perspective of offshore semi sub rigs.
http://www.floatec.com/images/pr_content/Petromin%20on%20DTG%20Aug%202007.pdf
178investors ( Date: 09-Jun-2008 22:41) Posted:
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It's worrying that KC is getting lower and lower contract values for semisubmersibles. Is KC expecting steel prices to fall dramatically soon? or Is the lower contract value just for constructing the shell part of the semisub only?
Does anyone has more detailed info to explain the lower value.
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9-June-2008 Keppel wins another Seadrill contract worth US$160 million Keppel FELS Limited (Keppel FELS) has secured a US$160 million contract to build a repeat semisubmersible drilling tender (SSDT) for Seadrill Asia Limited (Seadrill Asia). |
TESTING.................
AK_Francis, why you suggest SIA better?
Fuel price hit USD140 already.
I think SIA would have alot of pressure keeping cost low, due to sky rocketing fuel cost
AK_Francis ( Date: 06-Jun-2008 20:19) Posted:
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honestly i see v little upside from 12-12.50.. if u all gian ST profits then shld Tp abve 12..
think it may trade significantly higher only at end of yr..
DJ Keppel Corp Unit Gets $420M Contract To Build 2 Jackup Rigs
(MORE TO FOLLOW) Dow Jones Newswires
June 05, 2008 19:05 ET (23:05 GMT)
DJ Keppel Corp Unit Gets $420M Contract To Build 2 Jackup Rigs
SINGAPORE (Dow Jones)--Keppel Corp. Ltd (BN4.SG) said Friday its unit Keppel FELS has secured a $420 million contract to build two jackup rigs for offshore drilling contractor Seadrill Ltd (SDRL.OS).
The rigs will be delivered in the second and fourth quarters of 2010 respectively, Keppel Corp. said in a statement.
The contract isn't expected to have any material impact on current-year earnings.
-By Frankie Ho, Dow Jones Newswires; 65 6415 4160; frankie.ho@dowjones.com
(END) Dow Jones Newswires
June 05, 2008 19:20 ET (23:20 GMT)
Copyright (c) 2008 Dow Jones & Company, Inc.
Singapore's Keppel Corp wins $385 million rig order from Brazilian firm
Tuesday June 03, 2008 05:42:24 EDT
SINGAPORE, Jun 03, 2008 (Thomson Financial via COMTEX News Network) --
Singapore industrial conglomerate Keppel Corp said Tuesday its unit Keppel FELS Ltd has secured a $385 million contract from Brazilian drilling contractor Queiroz Galvao Oleo e Gas (QGOG) for the construction of a semi-submersible drilling rig.
The rig, to be named Alpha Star, will be delivered in 2011 and may be deployed either in West Africa or South America.
Keppel FELS is currently building another rig called Gold Star for QGOG. The Gold Star contract was awarded to Keppel FELS in August 2006 and is expected to be delivered in the second half of 2009 to support the oil exploration projects of Petroleo Brasileiro.
($1 = S$1.36)
jonathan.burgos@thomsonreuters.com
Tomorrow this is going to cheong liao... look out for it...
:-)
Sorry for the late reply.
was playing Golf in Batam.....
Alright.
it is NOT appropriate for me to name the warrant to BUY.
But rules of warrants trading stays:
1) buy warrant that is near it's strike price (if better, over the strike price)
2) DO NOT Buy those expiring within one month.
3) Buy those heavily traded warrants.
The above three rules will ease you from being heavily manipulated by market maker, as you know market maker still has to make some money after all.
Hope without answering your Qn, I did shed some light on your query.
Congrates to those who entered today and Hanged on.
Tmr surely will GAP up again
arowana1 ( Date: 31-May-2008 22:48) Posted:
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