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Latest Forum Topics / Otto Marine  Post Reply
new order
oldflyingfox
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19-Sep-2013 10:17     
 
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 Alert Admin 		So fast, now is already 0.07, resistance will be at 0.074. And if it is powerful enough to close the gap  at 0.078 today? 

oldflyingfox      ( Date: 19-Sep-2013 10:14) Posted:



0.064 broken, now is 0.067. With this powerful surge, should reach 0.07 soon.

Huat ah...
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oldflyingfox
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19-Sep-2013 10:14     
 
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0.064 broken, now is 0.067. With this powerful surge, should reach 0.07 soon.

Huat ah...
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teeth53
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19-Sep-2013 10:14     
 
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Breaking out and fly to me to the moon....and hold my hands...

0.065 0.067 +0.004c +6.3% so far volume changing hands - 66,288,000
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teeth53
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19-Sep-2013 09:16     
 
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I guess it can break 0.064c in the next 1-2hours, then move to test 0.065 B4 moving again.

0.065 0.065 +0.002c +3.2% so far volume changing hands - 27,143,000
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teeth53
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19-Sep-2013 08:40     
 
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RTO potential with investors injected 10 mil dollars into it Subsidiary (Australia)...humm?. Give it a thot.

teeth53      ( Date: 18-Sep-2013 13:47) Posted:

Used to watch Otto going down with asset rich but cash poor.
Now not oni still asset rich, cash oso rich n business oso bright.
Now watching Otto oni way is up, will they reward share holder?, as Otto is asset rich, give it a thot...:)

Bopanha      ( Date: 04-Apr-2013 14:37) Posted:

The reason for buying Otto Marine:- 8.8 cents is too low a valuation for Otto Marine. New orders have been rushing in quite regularly, but the price never took these into consideration.   Time to move, tg px 12 cents
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teeth53
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19-Sep-2013 08:33     
 
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I guess it breaking out time,  8c end of the month.

I watch players bring down to earth and now watch players rising Otto.

moneyplant      ( Date: 18-Sep-2013 15:49) Posted:

Broke 6 cents testing 8 cents soon
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teeth53
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18-Sep-2013 22:27     
 
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RTO?. Not  a bad idea...more  money injected into Subsidairy.

Next move is....   

teeth53      ( Date: 18-Sep-2013 13:58) Posted:

Very high potential by injecting their asset n or do a share swapping valuing Otto Marine@higher price then now.

height00      ( Date: 18-Sep-2013 13:50) Posted:

Not a bad co for rto


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teeth53
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18-Sep-2013 22:20     
 
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Go Marine Group Pty Ltd and a Singapore based private equity firm (the Investor), the Investor has subscribed for S$10 million redeemable preference shares in GMIPL.

The issuance and allotment of the redeemable preference shares in GMIPL has been completed on 18 September 2013. 

teeth53      ( Date: 18-Sep-2013 13:47) Posted:

Used to watch Otto going down with asset rich but cash poor.
Now not oni still asset rich, cash oso rich n business oso bright.
Now watching Otto oni way is up, will they reward share holder?, as Otto is asset rich, give it a thot...:)

Bopanha      ( Date: 04-Apr-2013 14:37) Posted:

The reason for buying Otto Marine:- 8.8 cents is too low a valuation for Otto Marine. New orders have been rushing in quite regularly, but the price never took these into consideration.   Time to move, tg px 12 cents
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oldflyingfox
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18-Sep-2013 22:20     
 
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When it fell from 7.9 to 6.1 cts in 1st July, the  volume was only 17 millions. Today volume was already 84 millions, so the energy is enough to push back to that level. Furthermore, the company has started to turn around from lost to profit.

Good luck to those short sellers not yet cover position.

Vested.
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teeth53
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18-Sep-2013 22:17     
 
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http://infopub.sgx.com/FileOpen/Otto_Announcement_Investment_in_Subsidiary.ashx?App=Announcement& FileID=256777

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=119044562

An energy provider for  integrated marine oil and gas logistics services.

Go Marine Group Pty Ltd specializes in marine services to the offshore oil and gas industry, offers vessels mgt, marine consultancy, project planning, subsea, and various associated services and to construction contractors, marine offshore rig moving  &   crews, full and adhoc labor supply services for vessel and rig operators.

The coy also provides harbor and port services, pilot transfer, harbor patrol, hydrographic survey and maintenance vessels, operates...lines boats in support of ships agents and support offshore supply vessels when they resupply from ports and provides inshore tugs and barges to support harbor and inshore civil engineering construction activities.

In addition, it offers seismic vessel, barges, moorings, and common marine inspection document services. Incorporated in 2009 and is based in South Perth, Australia with a subsidiary in S'pore. Go Marine Grp operates as a subsidiary of Otto Ventures Pte. Ltd.

Detailed Description  - Key Developments

Go Marine Grp pty limited  announced that it has incorporated a subsidiary, Go Marine Investments Private Limited.
The principal activity of the company is Ship management services.


teeth53      ( Date: 18-Sep-2013 13:58) Posted:

Very high potential by injecting their asset n or do a share swapping valuing Otto Marine@higher price then now.

height00      ( Date: 18-Sep-2013 13:50) Posted:

Not a bad co for rto


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moneyplant
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18-Sep-2013 21:17     
 
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Tides rise and retreat, fishes come and go.

Your money, your decision do not blame or question others for your own decision. 

height00      ( Date: 18-Sep-2013 21:02) Posted:

Are you sure will rise higher?

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height00
Senior
18-Sep-2013 21:02     
 
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 Alert Admin 		Are you sure will rise higher?
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moneyplant
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18-Sep-2013 20:16     
 
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INVESTMENT IN SUBSIDIARY The Board of Directors of Otto Marine Limited (the ?Company?) is pleased to announce that pursuant to an investment agreement dated 16 September 2013 (the ?Agreement?) entered into between Go Marine Investments Private Limited (?GMIPL?), Go Marine Group Pty Ltd (?Go Marine?) and a Singapore based private equity firm (the ?Investor?), the Investor has subscribed for S$10 million redeemable preference shares in GMIPL. The issuance and allotment of the redeemable preference shares in GMIPL has been completed on 18 September 2013. In connection with the investment in GMIPL by the Investor, Go Marine has provided a corporate guarantee in favour of the Investor in respect of all of GMIPL?s obligations under the Agreement. GMIPL is a wholly owned subsidiary of Go Marine. The directors of the Company have taken all reasonable care to ensure that the facts stated in this announcement are fair and accurate in all material aspects as at the date hereof and that no material facts have been omitted from this announcement, and they jointly and severally accept responsibility accordingly. By Order of the Board Michael See Kian Heng Executive Director and Group Chief Financial Officer 18 September 2013

 

Confirmation hot money flowed in , tides set to rise 

moneyplant      ( Date: 18-Sep-2013 15:49) Posted:

Broke 6 cents testing 8 cents soon
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moneyplant
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18-Sep-2013 15:49     
 
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 Alert Admin 		Broke 6 cents testing 8 cents soon
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moneyplant
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18-Sep-2013 14:55     
 
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 Alert Admin 		Monitor and watching out for spikes. Vested. :)
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teeth53
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18-Sep-2013 14:00     
 
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 Alert Admin 		Our master Bopanha oredi said so...price too low.

Bopanha      ( Date: 04-Apr-2013 14:37) Posted:

The reason for buying Otto Marine:- 8.8 cents is too low a valuation for Otto Marine. New orders have been rushing in quite regularly, but the price never took these into consideration.   Time to move, tg px 12 cents.

JMS213      ( Date: 04-Apr-2013 11:56) Posted:

At the break of dawn is the most exciting moment, hold fast to what is right cos it get brighter and brighter. You will look like that  Smiley  hehe 


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teeth53
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18-Sep-2013 13:58     
 
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 Alert Admin 		Very high potential by injecting their asset n or do a share swapping valuing Otto Marine@higher price then now.

height00      ( Date: 18-Sep-2013 13:50) Posted:

Not a bad co for rto

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teeth53
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18-Sep-2013 13:51     
 
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 Alert Admin 		Players brought down to earth :(, now players is rising Otto...:).

Tomique      ( Date: 18-Sep-2013 10:22) Posted:

It is moving, and moving further.   Don't forget it was only 4.7 not too long ago. Meaning very strong and strange interests.   Something cooking.  

moneyplant      ( Date: 18-Sep-2013 10:15) Posted:

Watch out for movement, Good Luck!
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height00
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18-Sep-2013 13:50     
 
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 Alert Admin 		Not a bad co for rto
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teeth53
Supreme
18-Sep-2013 13:47     
 
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 Alert Admin 		Used to watch Otto going down with asset rich but cash poor.
Now not oni still asset rich, cash oso rich n business oso bright.
Now watching Otto oni way is up, will they reward share holder?, as Otto is asset rich, give it a thot...:)

Bopanha      ( Date: 04-Apr-2013 14:37) Posted:

The reason for buying Otto Marine:- 8.8 cents is too low a valuation for Otto Marine. New orders have been rushing in quite regularly, but the price never took these into consideration.   Time to move, tg px 12 cents.

JMS213      ( Date: 04-Apr-2013 11:56) Posted:

At the break of dawn is the most exciting moment, hold fast to what is right cos it get brighter and brighter. You will look like that  Smiley  hehe 


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