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Otto Marine is Ready to GO !!!
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nqing87
Veteran |
14-Apr-2013 12:36
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also, i think p/e ratio can be a guide only.. what's important at the end is whether investors will push the price up or not, whether they have good sentiment in it.. eg like yoma, p/e ratio over 100, but investors are positive about it.. ipco, p/e ratio is around 2, but stay at the price range for weeks, and u can observe that it is intentionally depress from the large shorting and sell queue it has every trading day..
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nqing87
Veteran |
14-Apr-2013 12:28
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hi bro, otto has around 2.8billion shares if im not wrong.. let's say base on 8.5 cents now, that means for p/e ratio to be 1, their eps must be 8.5cents per share.. so 0.085 x 2.8billion = 238million.. so to hit p/e ratio 1, they must earn 238million.. i dont see how u get 23million profit to get p/e ratio of 1
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ballball
Master |
14-Apr-2013 09:20
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I m not sure abt East Coast
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ballball
Master |
14-Apr-2013 09:16
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Izn't it a wet morning? I m sure abt East Coast. But, I can feel the cool breeze now...hhhmmmm....nice!!! | ||||
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JMS213
Senior |
14-Apr-2013 09:02
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Hi Guys, I'm out on the beach at East Coast. Someone once told me if you wqnt to know how tge ecocomy is doing take a look at the sea. Right in front of me is huge containers shipsdocking right in front of me. If you are thinking whatto do .... how about visiting Singapore Best Beach, East Coast, take in refreshing fresh air, relax and enjoy the scenery. | ||||
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JMS213
Senior |
14-Apr-2013 07:48
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Check with Stock Analyst Target Price for this BBs is $0.13 .... not bad huh .... For P/E to be less than 1, ain't we talking about the profitability of the company ..... can the income exceed $23m. I believe it is possible, looking at the key milestones and developments they have achieved beginning of the year. Different segments of the company is turning around http://www.ottomarine.com/fleet.html |
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JMS213
Senior |
13-Apr-2013 23:07
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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x 0
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Hey welcome, One of the reason to visit Japan CHERRY BLOSSOM SEASON Japan’s famed cherry blossom or “sakura” season is in full bloom now. |
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UPRR18
Member |
13-Apr-2013 21:41
Yells: "Si Mai" |
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Hey there! Who and where is Bopanha ??? Hear your name mentioned .... so many Xs .... get me excited.... what about this BBs ? If really good I also want to buy | ||||
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JMS213
Senior |
13-Apr-2013 20:54
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Otto net income FY2012 is -$73.69m & the
trailing twelve months PE 2012 is -0.0349, which means the P/E is negative …
That’s when you hear Veteran Bopanha said “Its
vessels spring a leak already, so watchout …..” A lot got to do with management team in shaping the destination of the
SHIP and we are seeing key & stupendous developments
at the beginning of this year 2013, so my projection is
the EPS is going to exceed the current
share price. As such P/E will be less than 1, implied
undervalued stock |
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jomini
Veteran |
13-Apr-2013 13:27
Yells: "slow down, think, question" |
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i really dont have an opinion on it yet. you prob not referring to the current p/e since they're reported losses. so what calculations made you estimate that the p/e is likely to be less than 1? can share? perhaps more on why you bought it instead of what others have been saying? even if you say you bought coz its a hunch its still good. lots of pple make money that way too |
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JMS213
Senior |
13-Apr-2013 11:11
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Haha ... don't you think the price is not taking the optimism into account ??? Please share otherwise. Anyway, this question need to be answered by .... Veteran Bopanha. P/E in my opinion is likely less than 1. My frank and humble opinion ... it is a formula, isn't it ? No secret lah they have been making losses it is a turn around. The figures are all published can't be wrong ...... OTTO MARINE has secured its first newbuilding orders in two years. It secured contracts for 2 AHTS vessels valued at US$27.8 million. The yard is now more efficient with a lower cost structure .... and more deals brokered. We welcome any who have differing views as well .... no need same lah. Point to note : Interesting happenings, MA 20 MA 50 and MA 100 are converging for the first time. ..... I no horoscope. These are facts and figures |
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jomini
Veteran |
13-Apr-2013 10:35
Yells: "slow down, think, question" |
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nice summary of the nice things people have been saying about it. just a few more qns...where did you get the forward p/e? was it through a brokerage report or your own estimates? what are the things that make you think the price is not taking your optimism into consideration? |
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JMS213
Senior |
13-Apr-2013 09:40
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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I believe Veteran Bopanha is talking about the Forward P/E is low, consider the Q1 alone, the amount of new orders rushing in is tremendous. His remark is " the current price never took this into consideration" ..... Growth prospect for this fantastic !!! Investing Also, Veteran KelvinLim123 said " This one is improving, management overhaul, and an expert formally from Keppel Philipine join them, and they are beginning to see orders coming in. P/E in my opinion is likely less than 1. What do you think Veterans ???? |
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JMS213
Senior |
13-Apr-2013 08:29
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Hi Jomini, Not all, it is good to have differing opinions. Iron sharpen iron, I love it.  I was just musing over what Veteran Bopanha had said, " New order has been rushing in quite regularly, but the price never took this into consideration. Time to move, tg price 12 cents" . I said to myself how about starting a new chapter for this BBs ?OTTO ready to GO !!! Since you brought up the question " too low a valuation based on? p/e?" Seniors please share your views ......  |
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jomini
Veteran |
13-Apr-2013 03:35
Yells: "slow down, think, question" |
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too low a valuation based on? p/e? just trying to clarify your points. not trying to put u down. might even buy if i think its really good
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JMS213
Senior |
13-Apr-2013 02:07
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Veteran KelvinLim123 do you know, " Otto
Marine secures charter worth up to US$57.3 million" Otto
Marine has secured a ship chartering contract for 180 days, with option
to extend for 3 months + 3 years for its newly-built 75-meters work maintenance
vessel. The contract is expected to generate about US$7.6 million for the minimum scheduled period of the charter and up to US$57.3 million if options are included. The vessel to be chartered is a 4,200-bhp work maintenance vessel christened “SOC Endeavour”. It
measures 75 x 24 meters, is ABS-classified and will be deployed for general
maintenance works in Kuwaiti, UAE and offshore Iraqi waters. Deputy president Au Chin Leng said that Otto intends to expand its chartering segment. " Notwithstanding Reflect’s judicial management application, the Company wishes to confirm that it is able to continue as a going concern due to the following reasons: (a) the Company is not dependent on Reflect
for any cashflow to sustain its operations, payment of its debts or for any
other purposes and (b) the Company's other main business
segments are not intertwined with Reflect's business of provision of seismic
and geophysical services to its customers."
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JMS213
Senior |
13-Apr-2013 01:49
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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x 0
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Based
on Veteran KelvinLim123 said " This one is improving, management overhaul,
and an expert formally from Keppel Philipine join them, and they are beginning
to see orders coming in. I
believe this guy move over to otto, bring along it former customers as
well. expect more orders to follow, propsect can only get brighter.
" Otto
has changed its outfits and putting on the engine,
Ready to GO ... |
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General Jomini is that how they address you ... it all about money in the cistern, who knows another announcement is on the way ..... it only takes a spark to get the fire going ..... campfire song lah