Last Price Today's Change   Day's Range   Trading Volume
0.215   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):0
Average Price Target: 0.20
Price Target Upside/Downside: -0.015


Date Subject
12-Dec-2019 Phillip Capital Morning Note - 12 Dec 2019

Business Background

PACC Offshore Services Holdings Ltd. provides offshore marine support services worldwide. The company’s Offshore Supply Vessels segment operates a fleet of mid to deepwater anchor handling tug supply vessels, which offer towing and positioning drilling rigs, transporting drilling materials, and other equipment services; and platform supply vessels that transport drilling materials and supplies to drilling rigs and offshore production platforms, as well as pipes and other materials for construction of marine structures or pipelines. The company’s Transportation and Installation segment supports marine contractors in the construction and maintenance of oilfield infrastructure and pipelines. This segment operates anchor handling tugs for cross-ocean towing, and transporting large marine structures from the builder’s yard and installing them in the oilfields; and large marine structures, and ballastable tank barges and tugs for transporting construction materials and subsea pipes. Its Offshore Accommodation segment owns and operates vessels that offer accommodation, transportation, and hospitality services for workers in oilfields. The company’s Harbour Services & Emergency Response segment owns, operates, and manages harbor tugs and heavy lift crane barges for supporting harbor towage operators and providing heavy lift services to shipyards; and provides salvage, wreck removal, emergency rescue, and oil-spill response services to vessels that require assistance after encountering collision, oil spillage, grounding, and/or fire damage. The company also provides services to control pollution from oil and chemical spillage, as well as to protect the marine environment; and ship management and chartering services, as well as rents and leases ships. It operates a fleet of approximately 100 offshore vessels. The company was incorporated in 2006 and is headquartered in Singapore. PACC Offshore Services Holdings Ltd. is a subsidiary of Kuok (Singapore) Limited.

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ta5851 no power......
25/04/2014 10:08 AM
posby haha... power need to fuel burning...ship is slow... not like car...patiently wait.. ..
25/04/2014 5:46 PM
pnuklis posh needs to show market that it has power to be better than others like Pacific Radiance, Nam Cheong, Otto, Swire and others.
27/04/2014 10:08 AM
alexyap any comment for this counter? just secured a big deal from Petrobas. Fair value?
15/05/2014 8:16 AM
kkteng70 good ..
15/05/2014 10:54 AM
moneyfacez yup good
22/05/2014 11:30 AM
BumbleBee O&G business is booming in SE Asia ....temporary setback due to upcoming World Cup effect I think ...http://shareinvestormalaysia.com/fifa-world-cup-effects-on-the-stock-market-worried/ ...after this event over market shld return to normal ...hahaaaa8
22/05/2014 10:45 PM
k6ii This counter start moving ..
27/05/2014 10:03 AM
swcltw is it too high
01/06/2014 11:34 AM
pnuklis what happened to GOSH saga in Mexico? Do people have such a short memories???????????? That was more than USD 100 million down
13/07/2014 10:10 AM
jackyng1981 No fuel for POSH to growth up.... the share price dying due to the Batam incident... yet so far, no responses was given by management...... maybe they only can answer "STILL UNDER INVESTIGATION", "Still under investigation" like MAS.......... their management working style...... really no comment and lost confident........ shit co!
01/08/2014 3:58 PM
pnuklis They seem to have goofed it up. First of all it was not wise of them to buy these two shipyards if they have no capability to run them.
01/08/2014 8:56 PM
reverrrrrr Post removed. Why?
05/08/2014 4:05 PM
jackyng1981 The co is belongs to most richestman in Malaysia?........ ...... haha....... but the co super bad performance..... yet the net profit super bad for last quarter.... prepare to run........... the co never care the shareholders. only knows the IPO fund to pay back loan.... then minor shareholder (Mr A 7 Mr B on the road), eat yourself..... you are sacrified aldy.... 0.93..... 20% gone after IPO.....
05/09/2014 4:39 PM
PoshShrHldr The last comment is right. The worst share I have ever had the misfortune of buying and I am one of the IPO buyers too. I guess the apple fell far from the tree in this case. Should not have assume the son is the same as the father. Took the money to pare down debt, bunch of con-artists and thieves, they have taken our money and ran. Wrote to their investor relations, got no reply. Called in, some lady in finance said 'market forces'. Would love meet one of the executives.
25/11/2015 11:09 PM
Diamond7 Huh! Selling pressure! Only 27 cents!
05/09/2018 10:24 AM
lching only 21 cents
14/11/2018 9:49 AM
lching company share buy back at 20 cents
22/11/2018 4:16 PM
Diamond7 Probably is the cheapest penny stock now
18/06/2019 6:32 AM
Diamond7 Moving up dy
19/07/2019 3:29 PM
lching hopeless
08/10/2019 9:46 AM
Diamond7 Kuok offers at 0.215!
Like this....losing money.
Maybulk sold to us at 0.216.
Not fair!!!

How to accept an offer like this? Directors, please reconsider.....
05/11/2019 6:27 PM
lching to do, view it as a cut loss loh....
06/11/2019 1:09 AM
chinhee Kuoks are doing shareholders to realize some cash compared to the likes of Ezra,Swiber,Pacific Radiance,Ezion etc where end result is ZERO. So unfortunately hv to just gracefully accept the loss
06/11/2019 11:08 AM

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