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Vard Holdings
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danytan
Senior |
07-Nov-2013 10:59
Yells: "Up up and away!" |
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Ya, loyalty subscriber. can share ur avg cost if u dun mind?
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Peter_Pan
Supreme |
07-Nov-2013 10:58
Yells: "did you order dunkin' donuts" |
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shake it baby..!  |
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WanSiTong
Master |
07-Nov-2013 10:49
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Yes, Vard should issue a royalty award to be. Hahaha....
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danytan
Senior |
07-Nov-2013 10:34
Yells: "Up up and away!" |
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Master WanSiTong, guessing you're vested? :p
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WanSiTong
Master |
07-Nov-2013 10:24
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Tomorrow will be better! Huat arh.....  
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danytan
Senior |
07-Nov-2013 10:20
Yells: "Up up and away!" |
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if u have holding power, there will be benefits if the fundamentals prove themselves
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GorgeousOng
Elite |
07-Nov-2013 09:45
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Thank you for listening n support!!! Cheers!!!
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WanSiTong
Master |
07-Nov-2013 09:18
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That the way I like it........ http://www.youtube.com/watch?v=dd--tIkrVoA& hl=en-GB& gl=SG     |
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danytan
Senior |
07-Nov-2013 09:17
Yells: "Up up and away!" |
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Gorgeous those still vested believe in fundamentals of vard...
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jacelin84
Member |
07-Nov-2013 09:16
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Vard's Q3 net profit declines 66.7%
Revenue fell 3.5 per cent to NOK 2.37 billion from NOK 2.46 billion a year ago. Earnings per share declined to 1.36 SGD cents from 4.16 SGD cents. " The weaker financial performance of the group is mainly attributable to Vard Niterói still suffering from an overload situation, leading to further delays and cost overruns. Lower productivity resulting from, among other factors, a shortage of qualified labour, is resulting in a loss at the yard, and is dragging down margins for the group,'' Vard said. |
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GorgeousOng
Elite |
07-Nov-2013 07:03
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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After closing...I slapped my self... why I touch Vard again!!! 😡 😡 😡 Why...why...Then..... I ...think...think...the reason is I base on Vard 's pipe line to invest ...emmm .....I am satisfied with my finding... I am happy with my mistake!!! Thai buchai don't ask me to bang wall yah!!! My money I decide Your money you decide CIMB Research on SGX Author: value_investor | Latest post: Wed, 6 Nov 23:44 Blog Headlines (by Date) Blog Index Vard Holdings Ltd - Buy ahead of earnings recovery Author: value_investor | Publish date: Wed, 6 Nov 23:46 | >> Read article in Blog website Target S$0.98 (Long Term: Out Perform) While Vard's 3Q earnings miss of 5% was hardly inspirational, it cannot be argued that the company is in a downward spiral either. We expect a 2-year EPS CAGR of 15% in FY13-15 due to margins recovery. Catalysts could come from stronger earnings and orders. At 60% of our FY13 EPS, 9M13 was 5% below our and broadly in line with consensus. We cut our FY13 EPS to factor in the miss and adjust our FY14/15 EPS by +7%/-19% as we cut our orders outlook and adjust our order recognition schedule. We upgrade to Outperform from Neutral as we think that earnings have bottomed out. Our target price rises as we roll forward to 9x CY15 P/E (10% above its mean since IPO). 3Q earnings bottomed out Owing to the lower-than-expected turnover and the corresponding operating leverage effects, Vard recorded NOK66m core earnings (-71% yoy) for 3Q. We note that the low turnover was somewhat due to seasonality and expect a stronger 4Q. While continued delays and cost overruns for the Niteroi yard are hardly inspirational, it cannot be argued that the company is in a downward spiral either. In fact, EBITDA margins improved slightly by 0.2% pts qoq to 4.3% while the group achieved gross margins of 31.4% vs. our forecast of 26.2%. Record orders in 3Q Thanks to the record-NOK6.5bn pipe lay support vessel order, Vard secured NOK8bn orders in 3Q, bringing the YTD orders to NOK11.9bn. The current order book stands at NOK19.5bn, or 1.6x book-to-bill. Outperform premised on conservative grounds Our 9x CY15 P/E-derived target price factors in a recovery of EBITDA margins to 8.3% for FY15, 8% for FY14 and 6.7% for FY13 (within the company's historical average). We expect margins to improve due to 1) zero-margin projects in Niteroi being flushed out, 2) higher utilisation at the Promar yard, 3) scaling of the learning curve for Transpetro orders and 4) investment initiatives in its Romanian and Vietnamese yards paying off |
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Peter_Pan
Supreme |
06-Nov-2013 19:50
Yells: "did you order dunkin' donuts" |
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this one must chant "goondu goondu sad sad everyblardy fudge fudge" | ||||||||
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Peter_Pan
Supreme |
06-Nov-2013 19:47
Yells: "did you order dunkin' donuts" |
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vard not looking good with this set of results, profits q tsui, sad sad | ||||||||
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eaton1977
Member |
06-Nov-2013 19:33
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Hope more contact come in and improve of margin | ||||||||
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halleluyah
Elite |
06-Nov-2013 17:52
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Nimble a bit during closing match....not tat bad lah tis Q as still got little profit.
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Solidsnake
Member |
06-Nov-2013 17:51
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Short-term rebound at best. Looks like it's going to test $0.79. Chaikin's acc/distribution chart indicates further distribution has taken place. Sell when there's opportunity. Otherwise, cut loss. |
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rabbitfoot
Veteran |
06-Nov-2013 17:42
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Lets sob together :(
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danytan
Senior |
06-Nov-2013 17:26
Yells: "Up up and away!" |
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there are bound to be shareholders vested before the italians bought over so holding will be much more. what has happened to them? |
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Peter_Pan
Supreme |
06-Nov-2013 17:13
Yells: "did you order dunkin' donuts" |
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vard no cute cute.. T-T | ||||||||
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evahsu
Member |
06-Nov-2013 16:58
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Px on a dwntrend.Expect more selling pressure to come. |
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