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Posted By Topic: otto marine       - Views: 4784
ckm
21-Jan 2010 Thursday 12:25 AM (5229 days ago)               #1
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now 0.495....can buy in now????
what is ur comment???? Smile




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ahpuiahsan
21-Jan 2010 Thursday 12:49 AM (5229 days ago)            #2
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Yes, i would like Bro Bin views too. Smile



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ckm
21-Jan 2010 Thursday 12:52 AM (5229 days ago)            #3
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that mean can go in???? Smile




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ahpuiahsan
21-Jan 2010 Thursday 8:19 AM (5229 days ago)            #4
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quote originally posted by ckm:

that mean can go in????



No, i means i would like to hear Bro Bin's view on this counter too. Smile



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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ckm
21-Jan 2010 Thursday 4:33 PM (5228 days ago)            #5
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today 0.485 ald......
Smile




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BIN
22-Jan 2010 Friday 1:41 AM (5228 days ago)            #6
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I did not buy otto marine, i think war over for this stock at the moment.If u want to try, maybe around 0.45.Mkt is not that gd these few days, low profile.Stay put and wait for opportunity.Trade with care.



BIN
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ahpuiahsan
22-Jan 2010 Friday 10:49 PM (5227 days ago)            #7
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quote originally posted by BIN:

I did not buy otto marine, i think war over for this stock at the moment.If u want to try, maybe around 0.45.Mkt is not that gd these few days, low profile.Stay put and wait for opportunity.Trade with care.



Thanks Bro Bin.



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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ahpuiahsan
26-Jan 2010 Tuesday 5:15 PM (5223 days ago)            #8
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Placement at $0.432
Last closing price before trading Halt is $0.48


Otto Marine proposed to raise S$95.0
million from placement of 220 million new
shares at S$0.432 per share
• Placement is expected to receive significant interest from investors
• Funds will be utilized mainly for expanding its new Specialised Offshore
Services business and expansion of it ship chartering fleet
Singapore, 26 January 2010 – Otto Marine Limited, (“Otto Marine” or the “Group”), a
leading offshore marine company which specializes in building complex offshore support
vessels and ship chartering, is pleased to announce that it intends to raise gross proceeds of
about S$95.0 million via the placement of 220 million new ordinary shares at S$0.432 per
share. The new shares represent approximately 13.2% of the total number of issued shares
of 1,670,429,000. The share placement represents a discount of approximately 9.83% to
Otto Marine’s volume-weighted average market price of S$0.4791 on 22 January 2010.
Share placement agent Kim Eng Securities Pte. Ltd has entered into a securities lending
agreement with Mr. Yaw Chee Siew, the Executive Chairman of the Group, for 220 million
shares in order to facilitate the placement.
The placement will allow the Group to raise estimate net proceeds of up to S$92.6 million.
Otto Marine intends to allocate the Net Proceeds in the following manner:
• 30% for the expansion of the Group’s chartering fleet
• 53% for investment in the Group’s Specialised Offshore Services business
• 17% for general working capital purposes
“We are very pleased that the share placement received strong support from
the investment community. With these proceeds we will be able to accelerate
our growth in our new Specialised Offshore Services business and expand our
ship chartering fleet.”



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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ckm
26-Jan 2010 Tuesday 5:37 PM (5223 days ago)            #9
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previously buy in 0.475 ald...
then how???




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ahpuiahsan
26-Jan 2010 Tuesday 5:55 PM (5223 days ago)            #10
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quote originally posted by ckm:

previously buy in 0.475 ald...
then how???



when did you buy? Thot Bro Bin already said


quote originally posted by BIN:

--------------------------------------------------------------------------------
I did not buy otto marine, i think war over for this stock at the moment.If u want to try, maybe around 0.45.Mkt is not that gd these few days, low profile.Stay put and wait for opportunity.Trade with care.



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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ckm
26-Jan 2010 Tuesday 5:58 PM (5223 days ago)            #11
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last week buy ald....




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ahpuiahsan
26-Jan 2010 Tuesday 10:22 PM (5223 days ago)            #12
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quote originally posted by ckm:

last week buy ald....



ok, so long you are able to hold, then it should go back up.
Smile It's a matter of time.



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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ahpuiahsan
01-Feb 2010 Monday 8:37 PM (5217 days ago)            #13
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The Board of Directors of Otto Marine Limited (the "Company") is pleased to inform that the Company will release its financial results for its full year 2009 on Monday, 1 March 2010, after trading hours.

Not sure how good/bad the result, trading on this counter should be interesting before the release of the Result on 01 Mar 2010



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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ckm
01-Feb 2010 Monday 9:18 PM (5217 days ago)            #14
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ya..hopefully is a positive results come out lah..haha Smile




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ahpuiahsan
06-Mar 2010 Saturday 8:52 PM (5184 days ago)            #15
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Revisit.
moving positively lately.
Bro bin, what's your view? more room to move? Smile



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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Ah xiao
08-Mar 2010 Monday 5:19 PM (5182 days ago)            #16
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not so bad counter otto marine
did not had unusual huge trading and price going the other way.
Secure invest stock
just my opinion.



xiao

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BIN
11-Mar 2010 Thursday 2:51 PM (5179 days ago)            #17
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quote originally posted by ahpuiahsan:

Revisit.
moving positively lately.
Bro bin, what's your view? more room to move?





At the moment stil can buy otto, quite supported at 0.455 lvl.

This message was edited by BIN on 11-Mar-2010 @ 2:55 PM



BIN
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CaptainTeo
19-Mar 2010 Friday 12:11 AM (5172 days ago)            #18
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I dunno. haha. Hit and run for me if i buy this stock.



Good luck!!!


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