Brought a small position into Swiber.... how i wish i have more fund to buy more.....
1 Oct 2012
SWIBER: Laggard In The Oil And Gas Play
www.nextinsight.net/index.php/story-arch...he-oil-and-gas-play-
Kreuz share price : S$0.375
Swiber share price: $0.645
Kreuz rise does benefit Swiber
Based on Swiber’s 2011 annual report, Swiber owns 63.2% of Kreuz. As of 25 Sep, after Kreuz’s meteoric 42% rise in three months, Kreuz’s market capitalization is around $209m.
Swiber’s market capitalization is around $393m, of which one third is attributable to Kreuz.
In other words, < Swiber’s business (ex Kreuz) is only worth approximately S$261m.>
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15 April 2013
SWIBER: Is 8% Drop In Stock Price Justified?
Kreuz share price : S$0.535
Swiber share price: $0.640
As a result, the investment community may be starting to warm up to Kreuz. Kreuz closed at $0.530, near its all-time closing high of $0.535.
Kreuz’s market capitalization is around $295m. Swiber’s market capitalization is around $383m, of which 44% can be attributable to Kreuz.
< In other words, Swiber’s business (ex Kreuz) is only valued at approximately S$213m. >
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Today 8 May 2013
Kreuz share price : S$0.620
Swiber share price: $0.615
Kreuz’s market capitalization is around $345m. Swiber’s market capitalization is around $375m, of which 53% can be attributable to Kreuz.
< In other words, Swiber’s business (ex Kreuz) is only valued at approximately S$177m. >