#swiber

Number One Mistake in Stock Investment

This has got to be the number one mistake in stock investments! Have ever wondered why the rich are getting richer and the poor and middle class are getting poorer?  Have a read on this article and see if some of your friends are behaving like the monkeys! “This Is How Stock Market Operators Make Your Money!”…

Malaysian banks brace for hit from oil and gas sector, but not as exposed as Singapore lenders

Dateline 2016-09-26, Straits Times:

Malaysian lenders are bracing for a hit to profits this year as they bump up provisions for sour loans to the local oil and gas services sector that has been battered by the slump in energy prices and cutbacks in projects.

The problem mirrors pain playing out in neighbouring Singapore, where the collapse of oilfield services firm Swiber Holdings Ltd has stoked…

Swiber Holdings – TOO EARLY TO TURN BULLISH

Quiet on the order front

Weaker industry outlook

Vulnerable to downturns

Weak share price performance Since our previous report on 14 Aug, the share price of Swiber Holdingshas dropped 13% compared to the STI’s flattish performance. We believe that this could be related to the relatively slow new order flow – the last announced order win was in Jun, and YTD new orders total US$315m vs last…

Swiber Holdings – TOO EARLY TO TURN BULLISH

Quiet on the order front Weaker industry outlook Vulnerable to downturns

Weak share price performance Since our previous report on 14 Aug, the share price of Swiber Holdings has dropped 13% compared to the STI’s flattish performance. We believe that this could be related to the relatively slow new order flow – the last announced order win was in Jun, and YTD new orders total US$315m vs last…