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Vard Holdings
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Simpsons
Veteran |
15-Aug-2013 22:03
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Err..wat u mean? Went shopping? | ||||
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heavenknow
Member |
15-Aug-2013 21:34
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Vard went shopping~
http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content&B=AnnouncementToday&F=899382#.UgzY-HQZ7qA |
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Peter_Pan
Supreme |
15-Aug-2013 17:48
Yells: "did you order dunkin' donuts" |
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Today serial accumulation. Very funny also. | ||||
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Peter_Pan
Supreme |
15-Aug-2013 15:35
Yells: "did you order dunkin' donuts" |
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My brokers are the BBs..lol
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newagetrader
Member |
15-Aug-2013 15:24
Yells: "Trading is to make Profit$$" |
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How you see BBs are accumulating? Mind to share? Thanks :)
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Peter_Pan
Supreme |
15-Aug-2013 15:07
Yells: "did you order dunkin' donuts" |
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Today BBs are accumulating | ||||
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Peter_Pan
Supreme |
15-Aug-2013 14:54
Yells: "did you order dunkin' donuts" |
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More contract wins in the pipeline? | ||||
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newagetrader
Member |
15-Aug-2013 11:17
Yells: "Trading is to make Profit$$" |
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newagetrader
Member |
15-Aug-2013 11:04
Yells: "Trading is to make Profit$$" |
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Another point to ponder. The management & owner didn't buy any shares from market. Price is not lowest yet???  But good thing is, they also didn't sell any via open market. It is also good that the management is focus to its core role of running the biz not playing shares :)
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newagetrader
Member |
15-Aug-2013 11:00
Yells: "Trading is to make Profit$$" |
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Price are controlled by institution players. we can say whatever we like, but it will not make any change. Many are are optimistic here, but price didnt move. Long-term. Personally I think it is worth a bet. Taking away the weak 2Q result, Vard is a healthy company with earning visibility, lasting until 2016. Ship building is at mid-cycle. Vard has competitive advantage being the leader and ability to custom build advanced and larger ship. It also has long established client relationship. Based on its current order book, up to 2QFY13, only 7 out of 44 ships are build in Brazil. Hence, I think moving on Vard will be profitable after heavy write down in 2Q. By securing new orders, it will further enhance its earning visibility for future. What is important now is for Vard to control situation in Brazil Niteroi Yard and find new order for under utilised Vietnam Yard. Another risk to watch is situation in Promar Yard, which should be well-controlled within desired productivity, except higher than expected start-up cost. And most important, it declare good dividend for investors :) |
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starlene
Elite |
15-Aug-2013 09:55
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old news but...fyi   Today's Highlight Today's Highlight keeps you updated with the latest news.   |
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WanSiTong
Master |
14-Aug-2013 23:18
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Pieseh! My typing speed  is too slow. Didn't notice that Bro SFGuyRuleZ  already replied.
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WanSiTong
Master |
14-Aug-2013 23:14
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The change in interest is due to the expiry of the share options held by Mr Roy Reite and not that he sold off his 1.5m shares!.
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SFGuyRuleZ
Veteran |
14-Aug-2013 23:11
Yells: "You are your own master.." |
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He didn't sell.. The options granted to him just merely expired. In my opinion, I feel is a very personal decision for him whether or not to exercise his options. I have no idea what's the exercise price, but if the exercise price is higher than the market price now, no reason for him to exercise also.. NOL seems like gonna rebound soon too in my opinion if the economy picks up, but I won't rush in to buy yet.. =)
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Hawkeye
Veteran |
14-Aug-2013 22:57
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I will buy in Vard Holding some, but its very discouraging to see the CEO sold off his 1.5million shares today announcement. Looks I will take in Some of Vard along with my Cosco, NOL and YZJ shares. and sit tight for all shipping and shipbuilding counters to rebound this year or next year or year 2015.
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SFGuyRuleZ
Veteran |
14-Aug-2013 22:50
Yells: "You are your own master.." |
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Oh.. And plus profit-taking..
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SFGuyRuleZ
Veteran |
14-Aug-2013 22:39
Yells: "You are your own master.." |
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Technically wise, I think it is still ok? Past 2 days to me is just more accumulation, consolidation  and flushing out of contra players. In fact, there may still be consolidation tomorrow. Besides from the candlesticks the past 3 days, we can see high volume of shares bought at least above 0.85. RSI overbought conditions for a fry-pan bottom pattern breakout is characteristic of the pattern itself and should be treated as negligible. Anyway, one's money, one's own call.. |
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GorgeousOng
Elite |
14-Aug-2013 22:22
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Sista arh, macam ini boleh heart attack lah! One day good another day rosak! Scary cats coming out again!!! How?? How to invest? | ||||
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Mardi.tan
Member |
14-Aug-2013 22:11
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Scary..should let go 2molo.   |
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krisluke
Supreme |
14-Aug-2013 22:02
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Vard Holdings ST: the RSI is overbought
Trading Central | 2013-08-14 00:13:00
Alternative scenario: the downside breakout of 0.811 would call for 0.742 and 0.702. Our pivot point is at 0.811.
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Vard Holdings ? a stock that saw 54% of its stock value wiped out  in 10 months to trade at a low of $0.765 on 22 July from its all time high of $1.66 in September 2012, has risen 4.2% in the last three days.
The move comes on the back of a contract win announced at the start of this week, which is the largest ever in the company?s history. Here is what Macquarie Equities Research (MER) had to say about the win, extracted from the research note published on the same day of the announcement.
Macquarie?s STX OSV warrants
 
Vard won 4 PLSV (Pipe Lay Support Vessel) orders from the consortium of " Technip and DOF Subsea" worth US$1.1bn (NOK6.5bn).
Largest ever orders in the firm's history: Petrobras had placed orders for these 4 vessels with Technip+DOF. MER was expecting the consortium to award 1-2 of these 4 vessels to Vard but they ended up placing all 4 orders with Vard.
2 to be built in Romania/Norway, and 2 in Vard's new yard in Brazil: Hulls of first 2 vessels will be built in Romania and outfitted in Norway to be delivered in 2Q16-3Q16. The other 2 vessels will be delivered from Vard's new yard in Promar and delivered in 4Q16-2Q17.
Largest PLSVs ever to be built in the industry: The two vessels to be built in Romania/Norway will carry pipe lay towers rated at 650 tons, the largest ever in the industry, while the two vessels to be built in Brazil at 350 tons each, will be the largest ever to be constructed in Brazil.
Such high quality orders from high quality buyers re-affirm confidence in one of the world's top " support vessel builders" : Vard's yards being chosen to build all 4 vessels by the consortium is a big endorsement of its global presence and quality products, in MER?s view.
MER?s action and recommendation
2013YTD orders have reached NOK10.5bn already MER believes that after a year of pessimism, this order should work as a big catalyst, in MER?s view. MER?s and street estimates for 2013 order inflow has been between NOK10-11bn, which Vard has already achieved. The earnings downgrade cycle should reverse now, in MER?s view.
Stock at 1.1x 2014E price to book with approx. 25% return-on-equity and approx. 5% div yield: MER considers Vard's current stock price as a very attractive entry point.
MER has an Outperform rating on Vard with a 12-month target price of $1.10.
* For a full list of Macquarie?s warrants over Vard, you may wish to do a search athttp://www.warrants.com.sg/en/warrants/search_e.cgi