tag:blogger.com,1999:blog-7944902213075756335.post3430675798106888661..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): Vard Holdings: Bloodbath.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-7944902213075756335.post-79352339661511337282017-01-21T21:26:53.109+08:002017-01-21T21:26:53.109+08:00Hi James,
It has been a long time since I was a s...Hi James,<br /><br />It has been a long time since I was a shareholder. I have no idea what is going on now.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-69298168385885620062017-01-21T20:53:31.784+08:002017-01-21T20:53:31.784+08:00Hi AK
Vard holding exit offer has now turned unco...Hi AK<br /><br />Vard holding exit offer has now turned unconditional. Would you be able to talk to yourself what this means, and does it mean that we should accept the offer?<br /><br />Appreciate your advice. Thanks!Anonymoushttps://www.blogger.com/profile/17264024437571899736noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16649367447025977892017-01-21T20:49:43.989+08:002017-01-21T20:49:43.989+08:00Hi AK
Vard has extended deadline for its tender o...Hi AK<br /><br />Vard has extended deadline for its tender offer of $0.25. As this offer has turned unconditional and will expire by 26 Jan, may I ask what will happen if one does not accept this offer?<br /><br />Thanks!Anonymoushttps://www.blogger.com/profile/17264024437571899736noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-50332276867696020962015-07-22T17:07:34.155+08:002015-07-22T17:07:34.155+08:00Vard Holdings' second-quarter earnings took a ...<i>Vard Holdings' second-quarter earnings took a dive amid a slowdown in activity due to the slump in crude oil prices.<br /><br />Net profit for the three months ended June 30, 2015, plunged 58.6 per cent year on year to 58 million Norwegian kroner, the company said on Tuesday.<br /><br />Translated into Singapore dollars as at June 30, the drop was even steeper - the Q2 earnings worked out AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83539920183287848402014-10-16T21:54:00.014+08:002014-10-16T21:54:00.014+08:00Hi Janice,
You could be interested in this blog p...Hi Janice,<br /><br />You could be interested in this blog post:<br /><a href="http://singaporeanstocksinvestor.blogspot.sg/2014/08/managing-exposure-in-aks-investment.html" rel="nofollow">Managing exposure in AK's investment portfolio.</a>AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15735905805506322562014-10-16T20:32:32.991+08:002014-10-16T20:32:32.991+08:00Hi ASSI,
I would like to find out whether are you...Hi ASSI,<br /><br />I would like to find out whether are you still holding on to Yongnam & Marco Polo? <br /><br />I am also holding on to these two counters.<br /><br />How do you determine when to cut loss or when to hold?<br /><br />Thanks for your adviceJanicehttps://www.blogger.com/profile/15051497905467592080noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-72826653341388569322014-10-16T13:56:15.368+08:002014-10-16T13:56:15.368+08:00Hi Mike,
Actually, I wonder at the capabilities o...Hi Mike,<br /><br />Actually, I wonder at the capabilities or even the motivations of the owner and management. They don't seem to be very competent to me. -.-"AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21112619512898427442014-10-16T13:39:16.870+08:002014-10-16T13:39:16.870+08:00Hi AK,
Vard has heavily impaired for Brazil opera...Hi AK,<br /><br />Vard has heavily impaired for Brazil operations, so highly unlikely further impairment is needed, they have leftover sums from<br />Last year and made further provisions. <br /><br />Too bad, the buck now move on Europe and Romania which is their home turf, what excuses do they have ???<br /><br />Also, they tried to solve the Brazil labour issue by sending more expatriatea overSillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20233096129915271702014-10-16T13:12:18.076+08:002014-10-16T13:12:18.076+08:00Brazilian economy is in a funk. I wonder if KepCor...Brazilian economy is in a funk. I wonder if KepCorp and Vard made the right decision to move to Brazil in such a big way.KChttps://www.blogger.com/profile/15681244843883578276noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-26866247039240945542014-10-16T12:35:46.271+08:002014-10-16T12:35:46.271+08:00Hi teny,
I don't know about Triyards' fun...Hi teny,<br /><br />I don't know about Triyards' fundamentals but in terms of TA, an important long term support is at 67c. If that should break, we could see a retest of lows seen just a few months ago.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-48596921282381915242014-10-16T12:29:26.835+08:002014-10-16T12:29:26.835+08:00hi ak71,
Sorry abit out of topics, How about triya...hi ak71,<br />Sorry abit out of topics, How about triyards?teny123https://www.blogger.com/profile/04409096819249643756noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-45661975678669499372014-10-16T11:59:28.862+08:002014-10-16T11:59:28.862+08:00Hi James,
Thanks for sharing your perspective on ...Hi James,<br /><br />Thanks for sharing your perspective on Vard Holdings. <br /><br />I hope that results will not be as bad as feared as I do know of people, including fellow bloggers, who are heavily invested.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9206922779974740702014-10-16T11:42:13.149+08:002014-10-16T11:42:13.149+08:00The twin effects from the profit guidance and the ...The twin effects from the profit guidance and the weakening oil price/outlook of oil had caused an over the top widespread panic on this stock.<br /><br />I agree with Sillyinvestor that we are unable to ascertain the seriousness of the cost overrun.<br /><br />I bought into Vard early this year at $0.81 before the orders started to rack in. I did not liquidate my shares back in Jun 2014 as I Anonymoushttps://www.blogger.com/profile/02058629819020530135noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15781781750225415822014-10-16T08:11:57.337+08:002014-10-16T08:11:57.337+08:00Hi Mike,
I made some money here many moons ago. I...Hi Mike,<br /><br />I made some money here many moons ago. I wasn't sure if the problems in their Brazilian yards were temporary or more enduring. So, I decided not to hold. <br /><br />It seems that they have problems in their European yards now as well. -.-"AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-60644255741272071182014-10-16T00:32:17.519+08:002014-10-16T00:32:17.519+08:00The bloodbath is caused by profit guidance issued ...The bloodbath is caused by profit guidance issued by Vard.<br /><br />When the actual report is out, we can then asess how serious the cost overrun is. <br /><br />This year dividends fly fly away liao.<br /><br />However, maybe when all news is bad, Brazil then Europe and Romania, it is time to dig deep to see if the crisis will past? It is owned by italy a gong u know.<br /><br />Btw, I am not Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11529024177790897782014-10-15T22:24:15.560+08:002014-10-15T22:24:15.560+08:00Hi pf,
Well, since your motivation was to trade t...Hi pf,<br /><br />Well, since your motivation was to trade the stock and it was just play money, I guess you did not have too big an exposure. Sometimes, gambles pay off. Sometimes, they don't. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-34969021239787275512014-10-15T22:14:41.131+08:002014-10-15T22:14:41.131+08:00I was burnt by this stock twice. Sigh.
Once a yr o...I was burnt by this stock twice. Sigh.<br />Once a yr or so ago and another time early this yr. Dun dare to play le... lol.pfhttps://www.blogger.com/profile/07201135543092422698noreply@blogger.com