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Swiber

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Ktglfc

Ktglfc

Hypersonic
  On 8/11/2016 at 1:31 AM, Blueray said:

Pacific Radiance warns of Swiber impact on NTA, EPS

 

On July 29, Pacific Radiance said that it might not be able to recover about US$10.1 million due to the services rendered to Swiber's subsidiaries.

 

http://www.businesstimes.com.sg/companies-markets/pacific-radiance-warns-of-swiber-impact-on-nta-eps

 

 

 

The domino effects coming .... hold tight... cos this is just the beginning ...

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Throttle2

Throttle2

Supersonic

Nothing surprising, all these are expected.

 

So it depends on how much Swiber owes to the others.

Might bring down a few more small companies on the way south.

 

More job losses for sure.

 

Hang in there bros

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Ktglfc

Ktglfc

Hypersonic
  On 8/11/2016 at 4:51 AM, Throttle2 said:

Nothing surprising, all these are expected.

 

So it depends on how much Swiber owes to the others.

Might bring down a few more small companies on the way south.

 

More job losses for sure.

 

Hang in there bros

 

Wait for the dust to settle before investing in potential good blue stocks ...

 

On a side note, not sure how many ppl will lose their rice bowls ... Haiz...

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Blueray

Blueray

Hypersonic
Pacific Radiance chairman had pared stake in Swiber before the debacle started

 

PACIFIC Radiance executive chairman Pang Yoke Min, who owns a substantial stake in beleaguered Swiber Holdings, had from July 12 to 25 disposed of more than three million Swiber shares for S$476,477.59.

.....

The disposal price comes down to about S$0.156 per share. It also occurred before Swiber on July 28 applied to the courts to be wound up. Swiber's last trading price was S$0.109 on July 27.

 

In the latest disclosure, Mr Pang said: "I did not report the sale of 3,059,500 Swiber shares as I was advised by my financial adviser that only one percentage change in shareholding required reporting.

.....

http://www.businesstimes.com.sg/companies-markets/pacific-radiance-chairman-had-pared-stake-in-swiber-before-the-debacle-started

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Pinobii

Pinobii

Hypersonic
  On 8/11/2016 at 8:17 AM, Blueray said:

Pacific Radiance chairman had pared stake in Swiber before the debacle started

 

PACIFIC Radiance executive chairman Pang Yoke Min, who owns a substantial stake in beleaguered Swiber Holdings, had from July 12 to 25 disposed of more than three million Swiber shares for S$476,477.59.

.....

The disposal price comes down to about S$0.156 per share. It also occurred before Swiber on July 28 applied to the courts to be wound up. Swiber's last trading price was S$0.109 on July 27.

In the latest disclosure, Mr Pang said: "I did not report the sale of 3,059,500 Swiber shares as I was advised by my financial adviser that only one percentage change in shareholding required reporting.

.....

http://www.businesstimes.com.sg/companies-markets/pacific-radiance-chairman-had-pared-stake-in-swiber-before-the-debacle-started

How come never kanna sgx query?

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Blueray

Blueray

Hypersonic
  On 8/11/2016 at 8:36 AM, Pinobii said:

How come never kanna sgx query?

 

because he sold 0.67%, below 1%.

 

also shows he also no confidence already ... beep beep ...

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Staff69

Staff69

Hypersonic
(edited)
  On 8/11/2016 at 8:41 AM, Enye said:

still not too late to sell everything now

 

spread fear....

 

:D

post-131345-0-90113500-1470906115.jpg

 

 

you buy i buy

Edited by Staff69
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Staff69

Staff69

Hypersonic
  On 8/11/2016 at 9:17 AM, Enye said:

don't joke with me, boss

 

i no have high 5 figure here and low 6 figure there like you

 

i also no 50k per month like you

 

[sweatdrop]

 

 

but but

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

i no have 700k but you have

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Throttle2

Throttle2

Supersonic
  On 8/11/2016 at 5:49 AM, Ktglfc said:

Wait for the dust to settle before investing in potential good blue stocks ...

 

On a side note, not sure how many ppl will lose their rice bowls ... Haiz...

Definitely more than previous yers.

Hope they didnyt take big loan to buy property.

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Ktglfc

Ktglfc

Hypersonic
  On 8/11/2016 at 9:53 AM, Throttle2 said:

Definitely more than previous yers.

Hope they didnyt take big loan to buy property.

I hope they don't take loan to buy cars, properties etc...

 

Anyway, back to stocks :))

Eyeing bank stocks now... When there is fear, it's buying opportunities :))

Just want to have a better safer margin :))

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Showster

Showster

Twincharged

Yeah me too. I hope they full cashed down with style.

 

  On 8/11/2016 at 9:53 AM, Throttle2 said:

Definitely more than previous yers.

Hope they didnyt take big loan to buy property.

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Enye

Enye

Hypersonic
  On 8/11/2016 at 9:53 AM, Throttle2 said:

Definitely more than previous yers.

Hope they didnyt take big loan to buy property.

possible no loan on GCBs meh?

 

these people thrive on cash flow

 

 

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Kusje

Kusje

Supersonic
  On 8/11/2016 at 10:44 AM, Myxilplix said:

Lai liao, Swiber kena their first vessel arrest.

Vessel got no project. Arrest or no arrest still sitting around right?

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