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641-660 of 2165
vested 70c..
gd luck DYODD
| Winning season | |
| SWIB SP / SWBR.SI | OUTPERFORM - Maintained | Share Price S$0.67 - Tgt. S$0.79 | |
| Offshore & Marine | - by Siew Khee LIM | |
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| Swiber is on a roll - new markets, new customers and new record high for orders. The latest win from Pemex worth US$273m has lifted its status in the offshore construction market as it outbidded some of the international big boys. Maintain Outperform and target price, still based on 0.9x P/BV (average P/BV band during 2008/09). No change to our EPS estimates as this contract win falls within our US$600m order target for 2012. Strong tendering activities could lead to more contracts. |
March 26, 2012, 8.55 pm (Singapore time)
Swiber wins US$273 mln Gulf of Mexico contract
looking good for this undervalued gem...
Singapore offshore services firm Swiber Holdings (SWBR.SI) said on Monday it had secured a US$273 million ($345 million) contract in the Gulf of Mexico.
The latest contract, awarded by an oil major from the Gulf of Mexico, entails offshore construction works for the procurement, transportation and installation of pipeline in the Gulf of Mexico, Swiber said. It did not name the oil major.
Work for the project will start immediately this year and into 2013.
Chiong Swiber!
Done.
Adding more shorts at 0.67.
0.665 breaking down.
0.67 very strong wall. Unbreakable.
Opening more shorts at 0.67. Later collect profits.
nice play by play commentary
Uncle Ti 88
http://uncleti88.blogspot.com
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I trade using the Commitments of Traders Report.
Follow the commercials. They buy we buy. They sell we sell.
Added more shorts.
Not moving. Coming down anytime.
Very strong wall.
Coming down soon.
Just opened more shorts at 0.665.
0.665 wall is very strong.
My shorts are blocking well at 0.665
lai liao
0.66 will be taken out soon.
Shortists coming out.