Swiber Halted

[lifeafter41]

SWIBER HOLDINGS LIMITED - SG1U13932587 - AK3
SWIBER S$75M 7%N160706 - SG6V59983340 - 2ESB
SWIBER S$80M 9.75% PER SEC - SG6W58985451 - 2ILB
SWIBER S$100M 5.55%N161010 - SG6PF2000000 - 3G2B
SWIBER S$130M 5.125%N160606 - SG6RD1000002 - 10AB
SWIBER S$95M 6.25%N150608 - SG6V26982490 - 2DMB

Saw Swiber was halted today in SGX.
At 480M of bond/notes due on 2015 and 2016.

With today's oil price at US$60+/-, could be a problem to rollover the notes, unless very high interest.
9.75% Per Sec is definitely very attractive, not sure what it is trading now though?

 

[JackyCheung]

I stop accumulating oil n gas company.

 

[lifeafter41]

I stop accumulating oil n gas company.

Must be sitting on paper loss then.
Though the dividend is pretty good for Kep and Semb Marine.

 

[JackyCheung]

Must be sitting on paper loss then.
Though the dividend is pretty good for Kep and Semb Marine.

Yes. Sitting on huge paper loss!

 

[uvwxyz]

I stop accumulating oil n gas company.

At this point the O and G are quite low but the issue is whether it is an opportunity or a hot potato that you would be holding if you buy now. I also heard that oil dipped below $60.

 

[JackyCheung]

At this point the O and G are quite low but the issue is whether it is an opportunity or a hot potato that you would be holding if you buy now. I also heard that oil dipped below $60.

I afraid will be another trend of gold.
wait neck long long then still no rebound.

 

[uvwxyz]

I afraid will be another trend of gold.
wait neck long long then still no rebound.

I bought another 5 lots of Ezion recently at 1.055 so really got involved now. Just wait and hope for the best. I think those oil people unlikely to let the price go too much below $60 and hopefully it will rebound until around $80. At this price most parties should be quite comfortable.

 

[JackyCheung]

I bought another 5 lots of Ezion recently at 1.055 so really got involved now. Just wait and hope for the best. I think those oil people unlikely to let the price go too much below $60 and hopefully it will rebound until around $80. At this price most parties should be quite comfortable.

Then I should buy more semb marine? Marco polo n pec.

Well last friday just bought 10 lot pec at 0.46

I think I will buy few more lot semb marine.
Dun feel comfortable to hold so much oil n gas

 

[uvwxyz]

Then I should buy more semb marine? Marco polo n pec.

Well last friday just bought 10 lot pec at 0.46

I think I will buy few more lot semb marine.
Dun feel comfortable to hold so much oil n gas

Actually if we are smart we should wait a bit more but fingers itchy.

 

[uvwxyz]

Then I should buy more semb marine? Marco polo n pec.

Well last friday just bought 10 lot pec at 0.46

I think I will buy few more lot semb marine.
Dun feel comfortable to hold so much oil n gas

Anyway Keppel has been buying back their own shares recently. I post in a moment.

 

[uvwxyz]

Share Buy-Back

Name D.O.T. Buy /Sell No.of shares S$/shr

Keppel Corporation Ltd 11-Dec-14 Share Buy-Back 660,000 8.235

Wing Tai Holdings 11-Dec-14 Share Buy-Back 253,000 1.649
Overseas-Chinese Banking Corp 11-Dec-14 Share Buy-Back 100,000 10.450
ISDN Holdings 11-Dec-14 Share Buy-Back 30,000 0.250
Koh Brothers Group 11-Dec-14 Share Buy-Back 430,000 0.320
Courts Asia Limited 11-Dec-14 Share Buy-Back 15,000 0.440
Pacific Century Regional 11-Dec-14 Share Buy-Back 793,000 0.260
Marco Polo Marine 11-Dec-14 Share Buy-Back 91,000 0.280
Sembcorp Industries 11-Dec-14 Share Buy-Back 118,000 4.280

Keppel Corporation Ltd 10-Dec-14 Share Buy-Back 500,000 8.350

Biosensor International 10-Dec-14 Share Buy-Back 791,000 0.497
China Fibretech Ltd 10-Dec-14 Share Buy-Back 100,000 0.036
Chip Eng Seng Corporation Ltd 10-Dec-14 Share Buy-Back 600,000 0.869
Courts Asia 10-Dec-14 Share Buy-Back 251,000 0.442
GP Industries 10-Dec-14 Share Buy-Back 244,000 0.600
Genting Singapore 10-Dec-14 Share Buy-Back 5,922,000 1.106
ISDN Holdings 10-Dec-14 Share Buy-Back 25,000 0.250

Keppel Corporation Ltd 10-Dec-14 Share Buy-Back 500,000 8.358

Marco Polo Marine 10-Dec-14 Share Buy-Back 56,000 0.278
Overseas-Chinese Banking Corp 10-Dec-14 Share Buy-Back 150,000 10.430
Pacific Century Regional 10-Dec-14 Share Buy-Back 46,951,000 0.260
Sembcorp Industries 10-Dec-14 Share Buy-Back 32,000 4.230
Sin Heng 10-Dec-14 Share Buy-Back 50,000 0.168
Wing Tai Holdings 10-Dec-14 Share Buy-Back 109,000 1.650
Biosensor International 9-Dec-14 Share Buy-Back 2,328,000 0.496
Broadway Industrial 9-Dec-14 Share Buy-Back 451,000 0.200
Courts Asia 9-Dec-14 Share Buy-Back 774,000 0.436
GP Industries 9-Dec-14 Share Buy-Back 400,000 0.600
Genting Singapore 9-Dec-14 Share Buy-Back 12,216,000 1.099
ISDN Holdings 9-Dec-14 Share Buy-Back 54,000 0.246
Koh Brothers Group 9-Dec-14 Share Buy-Back 34,000 0.315
KSH Holdings 9-Dec-14 Share Buy-Back 757,000 0.521
Marco Polo Marine 9-Dec-14 Share Buy-Back 36,000 0.285
Nam Cheong Limited 9-Dec-14 Share Buy-Back 1,000,000 0.330
Overseas-Chinese Banking Corp 9-Dec-14 Share Buy-Back 150,000 10.380
Pacific Century Regional 9-Dec-14 Share Buy-Back 14,000,000 0.260
SATS 9-Dec-14 Share Buy-Back 300,000 2.909
Sembcorp Industries 9-Dec-14 Share Buy-Back 150,000 4.198
Viking Offshore and Marine

 

[JackyCheung]

Actually if we are smart we should wait a bit more but fingers itchy.

Actually I got bought my semb marine last time sold time at 3.13

Well..see how the price now. 2.8++

I where got so much money to keep buying n buying.

my bank accounts dun even enough money for me to apply keppel dc reit. Ended up I had to give it a miss!

 

[uvwxyz]

Actually I got bought my semb marine last time sold time at 3.13

Well..see how the price now. 2.8++

I where got so much money to keep buying n buying.

my bank accounts dun even enough money for me to apply keppel dc reit. Ended up I had to give it a miss!

I sold some other shares to buy otherwise also no more bullets.

 

[JackyCheung]

I sold some other shares to buy otherwise also no more bullets.

My year end bonus is coming.
I will use to average my srmb marine n marco

 

[lifeafter41]

I bought another 5 lots of Ezion recently at 1.055 so really got involved now. Just wait and hope for the best. I think those oil people unlikely to let the price go too much below $60 and hopefully it will rebound until around $80. At this price most parties should be quite comfortable.

What do you think of Ezra as compared to Ezion?.

 

[uvwxyz]

What do you think of Ezra as compared to Ezion?.

I think Ezion is better. I bought some Ezra sometime back to get the Triyards dividends in specie but it all means that Ezra has hived off some of its operations.

See what Ezra hived off .....



From: Phillip Securities Research Pte Ltd
Sent: Monday, December 01, 2014 10:35:57 AM (UTC+08:00) Kuala Lumpur, Singapore
Subject: SG Report - 1st December 2014 (Triyards) *revised*

Hi,

Kindly ignore the previous email.

Please find attached for the updated version

Sorry any inconvenience caused.

Triyards - Demand for SEUs will drive the top-line despite falling oil prices (Bakhteyar Osama)
Recommendations : BUY
Last close: SGD 0.650
Target price: SGD 0.980

· Front-runners in SEA – they are the market leader and one of the very few shipyards in SEA capable of building highly sophisticated and advanced liftboats and OSVs.
· Venturing out to Global markets – planning to tap into the Middle Eastern and West African markets to increase their geographical reach.Value Synergies from new acquisition – will help them leverage on diverse clientele base of Strategic Marine plus the close proximity of the two Vungtau-Vietnam yards will help expand their production capabilities.


· Orderbook remains strong – Estimated net orderbook stands at around US$325 million as of Q1 FY2015.