| Latest Forum Topics / Swiber |
 Post Reply
|
|
Swiber
|
|||||
|
Livermore
Master |
15-Aug-2009 22:33
|
||||
|
x 0
x 0 Alert Admin |
All these analyst reports only serve to make you confused
|
||||
| Useful To Me Not Useful To Me | |||||
|
qwertyuiop00
Veteran |
15-Aug-2009 21:54
|
||||
|
x 1
x 0 Alert Admin |
somehow, just my gut feeling, i feel that DBS and OCBC are putting a sell rating on swiber so that people can sell to them cheaply.. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Fishcake
Member |
15-Aug-2009 21:47
|
||||
|
x 0
x 0 Alert Admin |
from OCBC : Swiber Holdings Ltd (Swiber) reported a 11% YoY fall in revenue to US$110.8m and a 18.7% drop in net attributable profit to US$16.9m for 2Q09. Results were largely in line with expectations as 1H09 revenue and net profit account for 55% of our full-year estimates. Although gross margins were lower at 21.5% in 2Q09 compared to 26% in 2Q08, we are heartened to find that the group has regained margin stability ever since registering a loss in 4Q08 due to cost overruns. Though margins have stabilized, they are still lower than the traditionally higher margins that Swiber is used to but the group is exploring ways to enhance cost efficiencies. Swiber secured contracts totaling about US$93m in 2Q09, and its order book stands at US$509m compared to US$515m as at 31 Mar 09. We are putting our fair value estimate of S$0.62 and SELL rating under review pending an analysts’ briefing in the afternoon. (Low Pei Han) |
||||
| Useful To Me Not Useful To Me | |||||
|
rpires
Member |
15-Aug-2009 16:09
|
||||
|
x 0
x 0 Alert Admin |
so confusing. personally, first half 2009 seem to be the most difficult part of the year coz the oil price at earlier of the year is USD30+/barrel. But with oil now $70/barrel hopefully it will boost the spending of Oil and gas sector. i think second half of the year for this sector should be better than half hard of 2009 and second half of 2008. long term this stocks should be good. |
||||
| Useful To Me Not Useful To Me | |||||
|
dcang84
Veteran |
15-Aug-2009 12:41
|
||||
|
x 0
x 0 Alert Admin |
The disparity between analysis-it's either half empty or half full depending on your expectations and assumptions. Cheers! Maintain SELL. We have upgraded our target price for Swiber to S$0.73, after rolling forward to 7x blended FY09/10 PE and raising recurring net profit estimates to US$31m (+3%) in FY09 and US$42m (+24%) in FY10 on bigger order book. Maintain SELL on Swiber. ANALYST: Wee Lee CHONG CFA +65 6398 7971 weelee@dbsvickers.com Maintain Outperform and target price of S$1.71, still based on 12x CY10 P/E, in line with its 3-year average trading band. Key catalysts for the stock could include accelerated order wins and the timely delivery of new vessels. Lim Siew Khee +(65) 6210 8664 – siewkhee.lim@cimb.com |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ozone2002
Supreme |
15-Aug-2009 12:33
|
||||
|
x 0
x 0 Alert Admin |
Reason for the selldown is bcos DBS issued a report on swiber..stating its a SELL!.. Target price 73c.. |
||||
| Useful To Me Not Useful To Me | |||||
|
rpires
Member |
15-Aug-2009 12:17
|
||||
|
x 0
x 0 Alert Admin |
result worse than same Q last year. expect some pullback before rebounding. |
||||
| Useful To Me Not Useful To Me | |||||
|
solar2008
Senior |
14-Aug-2009 09:15
|
||||
|
x 0
x 0 Alert Admin |
swiber loss stream liao..guess have to wait for the next Q before it can break $1.07 mark | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
m0shii
Member |
13-Aug-2009 22:44
|
||||
|
x 0
x 0 Alert Admin |
Let DJ......cheong cheong...and tom will be relief. Dont always roller coaster | ||||
| Useful To Me Not Useful To Me | |||||
|
dragonboy
Member |
13-Aug-2009 21:59
|
||||
|
x 0
x 0 Alert Admin |
but according to anslysts they expects a slight drop in revenues n profits .....so is OK
|
||||
| Useful To Me Not Useful To Me | |||||
|
dragonboy
Member |
13-Aug-2009 21:49
|
||||
|
x 0
x 0 Alert Admin |
ezion results is good, related socks will not be affected too much.....can sleep in peace lah
|
||||
| Useful To Me Not Useful To Me | |||||
|
m0shii
Member |
13-Aug-2009 21:41
|
||||
|
x 0
x 0 Alert Admin |
Not sure able to pass thru the $1.00 mark....tomorrow hope will still cheong.... | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
dragonboy
Member |
13-Aug-2009 21:39
|
||||
|
x 0
x 0 Alert Admin |
is only earnings drops, not a big loss......so not a big problem... it will follow the rallies thru but no range
|
||||
| Useful To Me Not Useful To Me | |||||
|
m0shii
Member |
13-Aug-2009 21:35
|
||||
|
x 0
x 0 Alert Admin |
Will the not expected result of Swiber cause a fall on the counter tomorrow....starting to worry now | ||||
| Useful To Me Not Useful To Me | |||||
|
dragonboy
Member |
13-Aug-2009 21:30
|
||||
|
x 1
x 0 Alert Admin |
till date ezra, ezion n falcon up coming to the main board is still the best counter compare to the rest like asl, mermaid.......... btw this burger a yr ago was ard $2.70(jun 2008) n $2.00 (aug 2008) ,.... now is below $1.00 dirt cheap lah,,,......not to worry
|
||||
| Useful To Me Not Useful To Me | |||||
|
dragonboy
Member |
13-Aug-2009 21:19
|
||||
|
x 0
x 0 Alert Admin |
profit down abit not dat bad, still OK
|
||||
| Useful To Me Not Useful To Me | |||||
|
solar2008
Senior |
13-Aug-2009 20:06
|
||||
|
x 0
x 0 Alert Admin |
Report is out. Results disappointing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
solar2008
Senior |
13-Aug-2009 18:56
|
||||
|
x 0
x 0 Alert Admin |
By right the report should be out any minutes. Check sgx, most the results already out
|
||||
| Useful To Me Not Useful To Me | |||||
|
dragonboy
Member |
13-Aug-2009 18:53
|
||||
|
x 0
x 0 Alert Admin |
dow futures is up 81 pts.....a few of the related counters will flies....last fri they dump n tomoro they snatch....haha!
|
||||
| Useful To Me Not Useful To Me | |||||
|
ericsim
Senior |
13-Aug-2009 18:14
|
||||
|
x 0
x 0 Alert Admin |
ya lor, if hv ezion result + tonite Dow up up, 2morrow hor say liao........HUAT AH.........
|
||||
| Useful To Me Not Useful To Me | |||||