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gelu2279 Member	29-Apr-2013 17:44        gelu2279 About Contact  Quote this Post!
x 0   x 0  Alert Admin	the rest of fincantieri is private, VARD sticks out like a sore thumb.  you spend $650M+ on a company only for it to pay 40-75% of yearly profits to public shareholders? they would swallow the other 44% any time of the day! riding the weak season for stocks, i am sure got people behind pushing it down further. Its a very unfortunate stock, lots of potential but odds are stacked against the public. Since April so many signs of 'creeping takeover'.... not vested
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zacaroo Member	29-Apr-2013 17:36        zacaroo About Contact  Quote this Post!
x 0   x 0  Alert Admin	hold until damn shag. but if cut loss not even more shag. :(
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wwteck Member	29-Apr-2013 17:33        wwteck About Contact  Quote this Post!
x 0   x 0  Alert Admin	Assuming that the management feels the company has truly promising outlook and are "baffled" by the fact that their stock has plummet without reason ... and that the above holds true ... then this can only smell like the works of market manipulation by professional & syndicate traders to scoop and accumulate at lower prices from retailers. watch out on the price & volume from here on to detect for signs of bull/bear bias. this might just be the selling climax before a consolidation & reversal. not vested. blueskyblue      ( Date: 29-Apr-2013 16:07) Posted: From OCBC:Vard: Name change for STX OSV from today Summary:   STX OSV will now commence trading under the new trading counter name Vard Holdings (SGX-ST: MS7) with effect from today. This follows its acquisition by Fincantieri in Dec last year and the passing of the special resolution to rename itself during its AGM last week. Separately, we quizzed the management on the 4% fall in its share price last Friday, and management replied that it is equally baffled and has not seen any negative developments which could have trigger such a sell-off. If anything, the management is now more excited about the new majority shareholder and the opportunities they would bring. We currently have a BUY rating with S$1.52 fair value estimate, and will provide further updates together with its 1Q results in the coming weeks.
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Moomooland Member	29-Apr-2013 17:13        Moomooland About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got dividend not?
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pauming Member	29-Apr-2013 17:11        pauming About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nerver listen to broker, because they make people broke, that was why they are called broker  ericpang      ( Date: 29-Apr-2013 16:23) Posted: lesson learnt: never trust the analysts.... lost $$$ bcos of listening to them.
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ericpang Member	29-Apr-2013 16:43        ericpang About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	I am not trying to be negative... but this is the N time I listened to analysts & I lost $$$.... good luck to those vested...
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MtFaber Member	29-Apr-2013 16:40        MtFaber About Contact  Quote this Post! Style: Technical   Mood: Yells: "PRICE may not equal VALUE"
x 0   x 1  Alert Admin	The price action only tell one thing. The outlook for the EU countries will get worse. Worse still, this is owned by the Italian government! I will only buy when the outlook turns the corner. Maybe the hedge fund is having a good time shorting!
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edwinjup Master	29-Apr-2013 16:32        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Analysts forcast mid to long terms...i still trust them..and will keep my vard under my pillow...
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ericpang Member	29-Apr-2013 16:23        ericpang About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	lesson learnt: never trust the analysts.... lost $$$ bcos of listening to them.
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blueskyblue Member	29-Apr-2013 16:07        blueskyblue About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Money fly to my pocket please."
x 0   x 0  Alert Admin	From OCBC:Vard: Name change for STX OSV from today Summary:   STX OSV will now commence trading under the new trading counter name Vard Holdings (SGX-ST: MS7) with effect from today. This follows its acquisition by Fincantieri in Dec last year and the passing of the special resolution to rename itself during its AGM last week. Separately, we quizzed the management on the 4% fall in its share price last Friday, and management replied that it is equally baffled and has not seen any negative developments which could have trigger such a sell-off. If anything, the management is now more excited about the new majority shareholder and the opportunities they would bring. We currently have a BUY rating with S$1.52 fair value estimate, and will provide further updates together with its 1Q results in the coming weeks.
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krisluke Supreme	29-Apr-2013 15:20        krisluke About Contact  Quote this Post!
x 0   x 0  Alert Admin	STX OSV has broken the 1.10 psychological support. Next downside support at 1.04 to 1.00 level. As long as 1.10 remains as the new resistance level, we are bearish with a target to 1.00. A break below 1.00 can see it go lower to 0.94.   Put a Buy stop at 1.115.
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raykee Senior	29-Apr-2013 14:26        raykee About Contact  Quote this Post!
x 0   x 0  Alert Admin	seems everyone is leaving this.... :(
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pipster Member	29-Apr-2013 11:19        pipster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Likely the fact that Fincantieri being the  Italian  state owned  shipbuilder, has a direct impact on the movement of the stock price for Vard Holdings. The new sworn in Italian coalition government failed to boost confidence for a country troubled by recession and political feuds. Shooting outside the government headquarters just made the general sentiment worse. Many retail investors would continue to cash out as the stock price continue to plummet. Im vested but seriously considering to cash out to stop the bleeding. damn.
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ericpang Member	29-Apr-2013 10:41        ericpang About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	forget it... just wait for dividends & rebound.
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MtFaber Member	29-Apr-2013 10:04        MtFaber About Contact  Quote this Post! Style: Technical   Mood: Yells: "PRICE may not equal VALUE"
x 0   x 0  Alert Admin	Mmmm...heading for previous gap between 0.93 and 0.90?
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mrwise Senior	29-Apr-2013 05:57        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I will wait till $1....
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chongpin Member	29-Apr-2013 00:12        chongpin About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	STX OSV HOLDINGS LIMITED  28-Apr-2013 11:00:54    VARD TO COMMENCE TRADING UNDER NEW SGX TRADING COUNTER NAME VARD HOLDINGS FROM 29 APRIL 2013     http://info.sgx.com/webcorannc.nsf/AnnouncementToday/7CC3AEAEAF86480848257B5A00384926?opendocument
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limlee001 Member	28-Apr-2013 18:36        limlee001 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is this a good stock to keep if it reaches S$1.00 anyone?  Any inside news?
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gelu2279 Member	28-Apr-2013 10:26        gelu2279 About Contact  Quote this Post!
x 0   x 0  Alert Admin	any signs of a 'creeping takeover'? Forward price attrition and accumulation of shares by SSH? They tried to make cash offer to all shareholders in a bid take it private isn't it?
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ericpang Member	27-Apr-2013 22:35        ericpang About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	sgx.i3investor.com/blogs/sgxstockwarrant/6790.jsp kim eng initiated with buy... Maybe they can clarify? ericpang      ( Date: 27-Apr-2013 22:30) Posted: Octavia      ( Date: 27-Apr-2013 15:16) Posted: Stock is down 2.7% at $1.08, at a new 52 wk low, and breaking a key $1.10 technical support. The momentum indicators are negative at the moment. The takeover by new parent Fincantieri, and hasty exit of previous significant shareholder Och-Ziff Management, has left the counter’s remaining ~44% float held by a fragmented pool of shareholders, likely a large portion being retail investors. No major recent corporate bad news to highlight. Nevertheless takeaways from the Maybank KE roadshow held yday are as follows, - 2013 will be a " tough" year, with earnings growth to kick in only from 2014 - outlook appears flattish, with operating margins to stay around 11-13% - the Brazil yard is currently a drag on the group an overheated shipyard industry has resulted in professional and labor shortages, and the yard has been fraught with delivery delays.The Vietnam yard currently suffers from lack of orders given limited demand for high-spec vessels in Asia - consensus order win estimates at ~NOK 9-11b, which would keep outstanding order book roughly constant - key catalysts are order wins with regard to large-sized Petrobras-related orders (timing unknown), and faster than expected ramp up of its second Brazil yard to alleviate pressures from its first yard. On Fincantieri, the parent group has an ambition to eventually become a major global shipyard group, integration is still on-going, but will take time.There is no indication of M& A angle at this point. On valuations, the stock trades at 6.6x P/e, 1.9x P/B. 1Q13 results are due 14 May.
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