Good analysis. Do u think it will ever go back to those days of $3.40 price ??

Maybe gotta give it 2-3 years??

Bo pian, I am benchmark by international indices, have to play catch up.

Also the technical charts looks increasing positive for swiber. Massive selling is unlikely.

And I trust their independent director who has a lot tricks as he is a commercial guy whom I met personally before.

This god damm oil prices hitting the roof, it will be sometime before Swiber hit 80cents and more likely it will go up during these three months as Swiber has a habit of collecting contracts towards year end.

so the pros beats the cons at this moment. but once it goes up it should shoot to at least $1.35,

You see now all their troops of ships and barge, whatever that can move in sea has been delivered to their doorstep, so if I am the boss, I wll snatch all contracts at all cost in order to maintain cash flow, so contract is a deal done. Profits later, since investor looks at contract , so we buy the news first , sell later when margins goes under.

if oil hit to $100, then this will fly but I think $1.50 is the limit unless M&A in play.

Maybe they will seek listing at elsewhere.

Fully invested. 38 lots . wat ah!!