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Vard Holdings
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kenkenken
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23-Oct-2013 07:16
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Profit warning can come any time. They have an option to issue or not to issue. I read all the comment here. Quite a fair bit of speculator here.
There are 3 costs that you need to know which has happen and can continue for some time. 1. One time whole impairment of N yard 2. Initial high startup cost for P yard.here wont be tjis cost amymore but now P yard is open, we wont know what the situation is like for labour skill n turnover. If it mirror N yard, you sld know what happen 3. High subcontrat for hull. There are 2 more Lpg hull that is sub out to 3rd party. Cost will definately be reflect in the next 2Q. The rest of the hull will be built inhouse. But we wont know if they have the skill mention in pt 2 for Lpg vsl. For the europe yard definately no prob. So i can say that this is a head n tail situation. Price of 0.85 wont stay here long. If u think situation will get better,easier abv 1.2. If situation persist easily below 0.8. Place ur bet now!
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lglg666
Veteran |
23-Oct-2013 00:43
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That would be nice Xmas present this year lol
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heavenknow
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22-Oct-2013 23:31
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Totally agreed, it did fell from its takeover price of 1.2 to 86 cents now. Market is not always perfect and efficient in pricing all the factors, but these issues has been around far too long not to be priced in. Just sit back and enjoy the show.
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oldflyingfox
Master |
22-Oct-2013 23:20
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All these should have already factored into the share price long time ago. | ||||||||||||||
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Rokawa
Member |
22-Oct-2013 23:11
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Didnt they mentioned that costs overrun will carry on until the last vessel is delivered at that niteroi yard or something? last vessel is until late 2014 or 2015 if i remember correctly? |
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darkknight
Member |
22-Oct-2013 22:35
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Any reason why there  might be a profit warning  of  Vard haa already  incurred the $70M  Brazil impairment in Q2?
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sean123
Member |
22-Oct-2013 21:06
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If there is no profit guideline on Thursday morning (2 weeks time before the report out on Nov 6), then the worst is over and Vard can fly... Last time the profit guideline was issued exactly 2 weeks before the report released.  I am taking the bet and collected 50 lots earlier.   |
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luketoh
Senior |
22-Oct-2013 14:18
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It seems this will be rebounding soon. | ||||||||||||||
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WanSiTong
Master |
22-Oct-2013 11:15
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Hopefully One more new contract plus good financial  results will push the price to $1.20 by 2 Dec.......Lol
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biturbo
Senior |
22-Oct-2013 11:03
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the perceived global recovery should support stocks like vard.... happy trading... |
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leewankiat
Member |
22-Oct-2013 10:36
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oh i see. Thanks for the info.
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WanSiTong
Master |
22-Oct-2013 10:28
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If a Co issues a  Profit Guidance before the Quarterly announcement, it means  profit  of the Co will be very poor or from profit to loss.
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leewankiat
Member |
22-Oct-2013 10:23
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I am new to investment....No profit guidance means good news? |
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WanSiTong
Master |
22-Oct-2013 10:03
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Heng heng no profit guidance ..........Huat arh... | ||||||||||||||
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lglg666
Veteran |
22-Oct-2013 00:00
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Dividend at 2.5 cts is pretty decent for a 82 - 83 cts share beside a chance for capital gain too.
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SFGuyRuleZ
Veteran |
21-Oct-2013 23:23
Yells: "You are your own master.." |
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Thanks.. Anyway, I doubt there will be dividend payout this year. Even if there is, it should be at most 2.5 cents, in my opinion..
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lglg666
Veteran |
21-Oct-2013 22:05
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Thanks bro for sharing....looking to vest soon
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SFGuyRuleZ
Veteran |
21-Oct-2013 17:54
Yells: "You are your own master.." |
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The ascending triangle pattern has failed on 7th October 2013 when it closes at 0.84. From the price movement as seen from chart, the pattern now seems to resemble a double bottom reversal with resistance at 0.99. That is provided if results are within expectations or better. Therefore, for people buying on purely capital gain basis, it is akin to gambling on 3Q results. As for me, I am  buying for dividend yield as when earnings recover in 2014 and 2015, and based on 30% dividend payout, I myself forecast an average annual dividend payout  of around 7-8 cents  in the near future to come which equates to ~9% dividend yield. I  may also sell some of my lots whenever there's profit to take for I would want to use some of the money to diversify my portfolio with other good counters also. My own technical indicators for Vard shows that now is a good time to buy, with immediate support placed at 0.82 - 0.83 and worst-case support at 0.805. Please always do your own due diligence. Good luck to all!!
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WanSiTong
Master |
21-Oct-2013 10:10
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No news is Good news............ Huat arhhhhhhh
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heavenknow
Member |
18-Oct-2013 00:34
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Vard doing reorganization to make it more efficient.   http://www.motorship.com/news101/industry-news/vard-reorganises-romanian-operations    Vard Vard reorganises Romanian operations 17 Oct 2013 Vard, formally STX Offshore, is reorganisation its operations Vard, formally STX Offshore, is reorganisation its operations Vard Holdings Limited, formerly STX Offshore, is reorganising its engineering division in Romania with a series of transfers and de-registration. Vard Piping SRL?s pipe fabrication business has been integrated into the Tulcea Shipyard, while its engineering division has been transferred to Vard Engineering Constanta SRL, a newly incorporated subsidiary in Romania. Owner 70% by Vard RO Holding SRL and 30% by Vard Bralia SA, Vard Engineering Constanta SRL will serve all of the group?s shipyards. Vard says it will focus on engineering capacity available in Romania, especially in Tulcea and Constanta. The paid-up capital of this company is ?320,000. In addition, AKA Ship Design SA, a subsidiary in Romania, is under liquidation. Vard Piping SRL will be de-registered in due course. STX Offshore was acquired earlier this year by Fincantieri. |
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