
I think it's just a matter of time, it's already starting to get tempting to load up for the long...
freeman_5js ( Date: 26-May-2011 16:24) Posted:
|
This is so strange... NAV @ US$0.668(SG$0.823) per share but trading @ SG$0.760...
no one showing interest , no demand. how to up . disappointed.
Laulan ( Date: 26-May-2011 11:07) Posted:
|
In good times, this guy was above $2.00.   Down alot hor?
joshua78 ( Date: 26-May-2011 11:05) Posted:
|
Good Buy? Was just wondering cause they've been dropping for a while... Even though with the strong fundamentals...
Swiber bags SE Asia bundle
Swiber has secured offshore construction projects worth a total of $109 million in South-East Asia.
Upstream staff   23 May 2011 13:40 GMT
The contracts with oil majors cover offshore construction work in Indonesia, Malaysia, Thailand and Vietnam as well as chartering of support vessels and execution of subsea and related projects.
The work will be carried out in the second quarter of this year and third quarter of 2012, Swiber said, without specifying individual projects.
The latest deals bring the offshore construction contractor’s total orderbook for the year to date to $295 million this year.
Meanwhile, subsea services subsidiary Kreuz said it has won subsea contracts worth about $44 million in Indonesia and Thailand, of which about $32 million is sourced from the parent company.
ozone2002 ( Date: 23-May-2011 21:55) Posted:
|
Swiber: secured contracts worth US$109m from oil majors for projects in Thailand, Indonesia and Malaysia. They comprise various construction, chartering and subsea related projects. The contracts are scheduled to be completed by 3Q12. This brings total contracts secured YTD to US$295m, vs FY10 revenue of $466m.
Stock currently trades at 7.8X P/E and the Street largely has Buy ratings on the stock. TP range btwn $0.88 - $1.30.
below book value just buy..!
 
ozone2002 ( Date: 04-May-2011 14:38) Posted:
|
look at europe and US tonight , then u know why~~
singmail23 ( Date: 23-May-2011 21:02) Posted:
|
Swiber Secures Contracts From Oil Majors Worth Approximately US$109 Million
May 23, 2011
  http://swiber.listedcompany.com/news.html/id/254411
weird that the share has been dropping. any idea why?   
watch for the break above 81.5 on high vol for confirmation of uptrend
gd luck
Touch wood!
Going to bankrupt?

below book value..price now is 78c
75c support..still offering good value..
ozone2002 ( Date: 02-Mar-2011 09:11) Posted:
|
For traders who like Technical and Fundamental Analysis - Market Entry and Exit for SWIBER. Do read my blog: ckhpaul.blogspot.com. 
For TA - Swiber resistance line at 0.895, support 1 - 0.8 and next support 2 - 0.765.
For FA - Swiber has NAV of 0.8596, with 50 vessels in 2010 and 55 in 2012.
 
I’ll wait
Sold mine @ $0.85
Took some
profit 1st & waiting to go back in below $0.80
joshua78 ( Date: 21-Apr-2011 10:23) Posted:
|
Looks like a good buy. Buy or wait? Any thoughts?
Swiber formed an inverted hammer bullish formation on the technical charts, closing the trading day with a white candle. Based on it’s current trading trend, Swiber could potentially trade higher and test 0.895 if it is able to overcome it's MA resistence.
http://sgsharemarket.com/home/2011/04/swiber-inverted-hammer-formation-forming-near-support/
 
 
Swiber is coming back to test the support.
http://mystocksinvesting.com/singapore-stocks/swiber/swiber-starting-up-trend/
 
 
Kreuz is following up, noon closed at 44c