Posted by teobl9 > 2013-01-24 10:29 | Report Abuse

With EPS closes to 20 cts per year and less than 7, lowest amongst its peer, good divident yield (last year total SGD0.23, why want to sell at current level? Buy more instead!

Posted by teobl9 > 2013-01-24 10:40 | Report Abuse

With EPS closes to 20 cts per year and PER less than 7, lowest amongst its peer, good divident yield (last year total SGD0.23, why want to sell at current level? Buy more instead!

Posted by ray low > 2013-01-24 15:39 | Report Abuse

yes true, price drive down by market fear....

Posted by teobl9 > 2013-01-24 17:16 | Report Abuse

Why fear? French company offer S$1.22, only moron will sell!

Posted by ray low > 2013-01-25 17:02 | Report Abuse

that is true.

Posted by Xin Chen > 2013-01-25 17:06 | Report Abuse

people should keep the stock and bargain with French company for a better price than 1.22 if the company really wants them.

I also can't understand the sells.

Posted by kamyip > 2013-01-26 11:02 | Report Abuse

good things about all this is we know the downside ie 1.22 eventhough we all know it is undervalue. This stock has good financial numbers and competitive edge. Good in both FA and TA. I am holding for long term unless this counter is delisted.

Posted by ASEAN_Investor > 2013-04-14 11:55 | Report Abuse

I just published on STX OSV Holdings Limited (SXDEF:US; SOH:SP, check out our full story http://www.asean-investor.com/vard-the-scene-is-set-for-a-possible-rerating/

Stock price is due for a positive re-rating as all negatives are priced in: Minority shareholders rejected the lowball SGD1.22 offer from Fincantieri. The Italian shipbuilder’s 598,851,000 share purchase on 23 January 2013 represented a 50.75% stake in the company and under Singapore law, Fincantieri was required to make a mandatory general offer for the remaining shares of VARD.

Posted by benson911 > 2013-04-24 00:58 | Report Abuse

weird, can fall below sgd 1.22, any bad news?

Posted by Celine Koh > 2013-05-03 09:54 | Report Abuse

STXOSV reported falling profits and revenues in its 2012 fourth quarter and full year results --> the shipbuilder's Niteroi's yard in Brazil is suffering from high workloads and high staff turnover, which are dragging down the group's profits as the yard's productivity and delivery schedule are affected.
http://www.seatrade-global.com/news/americas/stx-osv-profits-trimmed-by-brazilian-yard.html

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 fragmented pool of shareholders, a large proportion of which are retail investors.

Shipping shocks are cyclical in nature (a type of industry that is sensitive to the business cycle, such that revenues are generally higher in periods of economic prosperity and expansion and lower in periods of economic downturn and contraction). The global OSV segment is in a mid-cyle and will resume alongside increased rig activity.

http://seekingalpha.com/article/1315321-stx-osv-holdings-the-scene-is-set-for-a-possible-rerating
http://sgx.i3investor.com/servlets/ptres/4186.jsp
http://sgx.i3investor.com/servlets/ptres/4177.jsp
http://sgx.i3investor.com/servlets/ptres/4148.jsp

Posted by raytps > 2013-05-23 09:55 | Report Abuse

why no dividend announced this season? Anyone can enlighten?

Posted by benson911 > 2013-07-03 22:36 | Report Abuse

Getting low and low...any opinion?

Posted by ycf128 > 2013-07-04 13:31 | Report Abuse

On back of the latest news, Credit Suisse downgrades to U/p from neutral and slashes TP to $0.80 from $1.10. The downward revision to earnings guidance shortly after an update in May, and scope for further cost escalations for two outsourced LPG hulls provide little assurance that challenges have been resolved. House lower 2013-14E EPS and with limited earnings visibility, downgrade Vard to UNDERPERFORM based on a P/B of 1.4x. CIMB downgrades to trading Sell from O/p with $0.94 TP. House expect the stock to come under heavy near-term selling pressure. However, a swift rebound could follow a couple of weeks later on positive news of sizeable pipe-laying support vessel (PLSV) orders. Factoring in lower margins, house cut FY13-15 EPS by 19-36% and downgrade Vard to Trading Sell from Outperform as house expect the market to focus on Brazilian issues and the stock to come under heavy near-term selling pressure. House target implies 1.9x CY13 P/BV, 1 s.d. below its trading mean since listing, which could form a floor for the stock, in house view.

Posted by benson911 > 2013-07-11 16:32 | Report Abuse

This stock will start to up....

Posted by richrich8 > 2013-07-11 19:52 | Report Abuse

lost 44mil. no dividend. wonder how the price will move tomorrow...

might go lower...

preparing to avg down for long term investment...

best time to buy more

Posted by TomYam > 2013-07-12 09:24 | Report Abuse

Vard pushed into losses by Brazil ops in Q2 (Business Times 12 July 2013)

VARD Holdings' two Brazil yards dragged the group into the red in its second quarter ended June 30.

Vard Holdings, formerly known as STX OSV Holdings, reported losses attributable to equity holders of the company of 20 million Norwegian kroner from a profit position of 279 million kroner in the same period last year.

Net profit in the first half of the year plummeted 69 per cent to 168 million kroner from 548 million kroner.

Vard said that earnings were hammered by delays and cost overruns at its yard in Niteroi in Brazil, while its new yard Vard Promar, recorded high-pre-operational expenses.

Posted by richrich8 > 2013-07-12 18:07 | Report Abuse

Price well supported. Looks like it may go up soon

Posted by Hokkien > 2013-07-14 14:59 | Report Abuse

There are so many counters if you are interested in shipyards, oil & gas. There must be reasons why this company needed to change its name to Vard. Avoid this counter.

Posted by Celine Koh > 2013-07-15 12:57 | Report Abuse

They changed name because bought over by new company.....

Posted by sengchai > 2013-07-16 18:20 | Report Abuse

U are right Abuser pls get out from here.

Posted by sgx_swinger > 2013-07-18 00:42 | Report Abuse

Vard may hit 78 to bounce .. see http://www.sharejunction.com/sharejunction/listMemberPosts.htm?username=hello123

Posted by richrich8 > 2013-07-18 10:33 | Report Abuse

Need project award news to push it above 0.90 mark... Soon... :)

Posted by sengchai > 2013-07-20 19:22 | Report Abuse

Some big fish is playing this stock up n down, watch it,

Posted by sengchai > 2013-07-22 10:49 | Report Abuse

Someone is short sell.pls be careful.

Posted by johnxiang > 2013-07-23 07:25 | Report Abuse

let go price set at 0.74, lost of 10% capital (:

Posted by kelvinleow79 > 2013-08-14 20:24 | Report Abuse

Will it continue to breakout above 0.9 from now on?

Posted by richrich8 > 2013-08-15 09:02 | Report Abuse

project awarded... but still below 0.90. perhaps need to wait until after 3Q result to show improvement in margin and profits or perhaps in FY14 when it delivers good financial result..

Good Luck!! :)

Posted by ronaldtan > 2013-11-09 22:27 | Report Abuse

I bought under STX name at1.35 now new name 0.85cts

Posted by inphyy > 2013-11-10 09:40 | Report Abuse

Recalled Histroy :

Fincantieri to Buy STX OSV to Add Oil-Rig Support Vessels
By Kyunghee Park - Dec 21, 2012 6:49 PM GMT+0800

http://www.bloomberg.com/news/2012-12-21/fincantieri-to-buy-51-of-stx-osv-to-add-oil-rig-support-vessels.html

Posted by benson911 > 2014-03-08 12:36 | Report Abuse

Uptrending....RM1 soon.........

Posted by soungsoung > 2014-03-17 22:14 | Report Abuse

overshoot SGD1 today.

Posted by amonlim8787 > 2014-03-21 10:00 | Report Abuse

Will it continue to breakout ot 1.50 level.

Posted by flekswood > 2014-03-21 10:34 | Report Abuse

resistance at 1.07-1.09

Posted by Feler Sed > 2014-04-01 17:09 |

Post removed.Why?

Posted by shahchetan > 2014-04-08 08:03 | Report Abuse

Buy at 1.20 and avg out by buy again at 0.80 , target 1.20 in 201

Posted by Revier Thomas > 2014-04-08 15:40 |

Post removed.Why?

Posted by jiunngio > 2014-04-10 16:11 | Report Abuse

why everybody keep saying RM ? SGD !!

Posted by lsngee > 2014-04-29 21:53 | Report Abuse

Vard posts 51% fall in 1Q earnings to $19.3 mil

Posted by lsngee > 2014-04-29 21:54 | Report Abuse

Vard Holdings Limited reported on Tuesday weaker earnings for the first quarter ended March 31, 2014 on higher salaries and related costs.

Singapore-listed Vard's Q1 net profit tumbles.

Posted by lsngee > 2014-04-29 21:55 | Report Abuse

OCBC target price at $0.84 SELL.

Posted by 631733 > 2014-06-04 21:43 | Report Abuse

How about Rex

Posted by pnuklis > 2014-06-11 17:33 | Report Abuse

Vard new order came on a wrong day when STI struggled.

Posted by Jincheng > 2014-09-25 15:41 | Report Abuse

OCBC analyst== anal+yst....Really bullshit!!!

Posted by member41 > 2017-03-25 10:06 | Report Abuse

Takeover fail? Only 74+%