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OtTo MaRiNe
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teeth53
Supreme |
20-Jun-2011 10:05
Yells: "don't learn through life, learn to grow with life " |
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why still nobody is buy..?. When it oredi reach 0.19 cents, hope to get some enlightening moment.
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teeth53
Supreme |
31-May-2011 22:26
Yells: "don't learn through life, learn to grow with life " |
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31-05-2011 21:16:23 OTTO MARINE LIMITED (Miscellaneous :: Cancellation Of Order H7048) < OTTO.SI>  Otto_Marine_Limited_Announcement_Cancellation_Orderr_H7048_31_May_2011.pdf
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louis001
Master |
04-May-2011 23:15
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...it can also be up again days later...similarly its down days for many counters today, general market correction.,,,,what else can one say ? hopefully, Up high Down little, Win more Lose less... |
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bryansng
Senior |
04-May-2011 11:56
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Its down again. | ||||
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cheongsl
Master |
24-Apr-2011 08:55
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Have been picking with average pricing around 0.255, target to release half at 0.36~0.37 of the long term resistance. 
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Laulan
Master |
15-Apr-2011 11:17
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52 weeks High: 54 cents, 52 weeks Low: 20 cents. Current Price: 26 cents is 54% off its high, and 30% off its low. There is good potential for making money. Please do your own research.
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Laulan
Master |
15-Apr-2011 11:07
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Should be comfortable to invest a few lots. | ||||
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louis001
Master |
15-Apr-2011 09:44
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hmm...seems to be looking good these days, slowly on the way UP....28cent is not impossible in near term...good luck. |
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cheongsl
Master |
06-Apr-2011 18:58
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get in 10 lots today for some coffee money. | ||||
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bsiong
Supreme |
05-Apr-2011 09:34
Yells: "The Greatest Wealth is Health" |
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Otto Marine announced that its wholly-owned subsidiary, Sailfish 1 Pte. Ltd has executed a memorandum of agreement on 31 March 2011 with Mermaid Marine Australia or its nominees for the sale of a Norwegian design MT6009 MKII DNV class platform supply vessel for a consideration of US$31,500,000. /sgx |
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louis001
Master |
01-Apr-2011 10:54
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Why not ? first take huge amount money of US$43.4 million (S$54.8 million equivalent) and use it to develop business to make more money, in the meantime, let one subsidiary to pay rent slowly for it and also use it to make money as well. This marine sector stock has good potential upside medium term based on today's trading price of 25-25.5cents, downside risk is limited. Disclaimer: Not an inducement to buy, sell or hold.
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bsiong
Supreme |
01-Apr-2011 10:10
Yells: "The Greatest Wealth is Health" |
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Otto Marine Limited (OML) announced that its shipbuilding arm and wholly-owned subsidiary, Otto Offshore Limited has entered into a sales agreement to sell two 8,000 bhp Anchor Handling Tug Supply to a third party at a market price of US$43.4 million (approximately S$54.8 million equivalent). These two vessels are currently under construction and the OML expects it to be completed by this year. Subsequent to the delivery of these two vessels, Redfish 3 Pte. Ltd., a unit of the OML will charter and deploy the vessels for 7 year. |
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ezy123
Member |
31-Mar-2011 18:14
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Looks like this counter is cheap at 25cents.I have accumulate a few lots here even tho i seen a downside today. Mostly likely should be up 7pts tp 8pts hope soon. Overall the shipping business should do well in the coming months especially those counters related to oil. If you compare with Ezra holding Otto Marine is still cheaper. Good Investing ezycash www.stockmarketwatch.info |
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ezy123
Member |
31-Mar-2011 18:11
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Looks like this counter is cheap at 25cents.I have accumulate a few lots here even tho i seen a downside today. Mostly likely should be up 7pts tp 8pts hope soon. Overall the shipping business should do well in the coming months especially those counters related to oil. If you compare with Ezra holding Otto Marine is still cheaper. Good Investing ezycash www.stockmarketwach.info |
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ysh2006
Senior |
31-Mar-2011 13:11
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Hi Sir Sold two boat /vessels and re- lease back out for seven years..like this can make money meh? one hand take money another hand give back to buyer.They should find new order man...!  
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wishbone
Master |
31-Mar-2011 10:36
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Today lau sai. Sigh!!!!  |
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bsiong
Supreme |
21-Feb-2011 18:01
Yells: "The Greatest Wealth is Health" |
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Otto Marine off 6.7% orderbook riskOtto Marine (G4F.SG) is down 6.7% at $0.280, falling sharply for the second straight session in heavy volume after its 4Q results Friday showed a loss of $9.3 million. DMG downgrades the stock to Sell and cuts its target price to $0.25 from $0.335. “The shipbuilding segment was the biggest drag...with a gross loss of $12.2 million due to the reversal of profit and forex loss. Excluding those items, we estimate the shipbuilding segment would have turned in a gross profit of around $10 million.” The house reduces its FY11F-FY12F net profit estimates by 39%-43% respectively due to lower new shipbuilding order assumptions. BNP Paribas, which has a Reduce rating and $0.34 target, says the risk to its earnings estimates is skewed to the downside, as the current order book has high customer concentration risk and still faces potential cancellation risks. “The imbedded risk factors are increasing, given the wide spread of unrelated operations,” it says. Orderbook suggests a $0.270 floor for the session. |
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bsiong
Supreme |
18-Feb-2011 16:53
Yells: "The Greatest Wealth is Health" |
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/cimb/ |
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tapildo76
Member |
18-Feb-2011 11:05
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The drop in the net profit is due to the one time charges which includes the reversal of the vessel cancellation. However, that had been reflected in the price when it pulls all the way back to the 30+ cents. This is double counting the impact,. However, moving forward, if you look at the revenue increase in 2010 and gone with the one time impact, you see that it should be on the positive way. Personally, i think it is a good stock to pick and when most pple digest the results, it should be coming. |
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teeth53
Supreme |
18-Feb-2011 10:29
Yells: "don't learn through life, learn to grow with life " |
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Just wondering, isit sign of thing to come??., with increases in " group revenue increased by over 36% to $579.9 million for FY2010" . " However it posted 22% fall in full year net profit to $40.7m"
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