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OTTO Marine - 6 REASONS it WORTH more NAV 9.5 cents...immed TP 9 cents..
#1
OTTO MARINE LIMITED MISCELLANEOUS :: PRESS RELEASE: OTTO MARINE CLINCHES US$11.3 MILLION CHARTER CONTRACT FOR GO EMERALD Feb 12 2014 05:54:25 PM

OTTO MARINE LIMITED MISCELLANEOUS :: PRESS RELEASE: OTTO MARINE SECURES LONG TERM CHARTER CONTRACT FOR ITS 24,000 BHP AHTS VESSEL WORTH US$40 MILLION Feb 7 2014 05:20:51 PM

OTTO MARINE LIMITED MISCELLANEOUS :: PRESS RELASE: OTTO MARINE SECURES CHARTER CONTRACT FOR SEA FROST WORTH APPROXIMATELY US$8.0 MILLION Feb 6 2014 05:22:42 PM

OTTO MARINE LIMITED MISCELLANEOUS :: OTTO SHIPYARD CLINCH 2 NEWBUILD VESSELS CONTRACTS WORTH APPROXIMATELY USD9 MILLION Nov 18 2013 07:49:57 AM

-----------

OTTO MARINE LIMITED ACQUISITIONS AND DISPOSALS :: DISCLOSEABLE TRANSACTION :: OTTO MARINE SHIPPING ARM GO MARINE DISPOSED OFF A VESSEL FOR US$25 MILLION Nov 1 2013 07:30:24 PM
193 OTTO MARINE LIMITED MISCELLANEOUS :: SALE OF VESSEL FOR USD95 MILLION Nov 1 2013 07:14:49 PM

OTTO MARINE LIMITED MISCELLANEOUS :: GO MARINE GROUP SOLD 7 VESSELS FOR US$10 MILLION Jan 3 2014 07:16:28 PM

OTTO MARINE LIMITED ACQUISITIONS AND DISPOSALS :: DISCLOSEABLE TRANSACTION :: OTTO MARINE DISPOSED TWO VESSELS FOR USD30 MILLION Feb 4 2014 07:07:33 AM


updated 9 jan 2014...

Otto subsidiary GO Marine sold 7 vessels for US$10m .. so now adds to its cash of US$37m + US$120m from vessel sale in nov .. equates $167m

-------------------------------------

1) Turnaround from losses to report a 3Q profit of US$25m...PE less than 6 times

2) Cash position as of Sept at US$37m

3) Gearing at only 1.58 compared to 2.3 the previous year..

4) Another US$120m coming in after it sold two vessels in Nov .... so will have very healthy cash positions...

5) Possible listing of its subsidiary GO Marine....

6) 18 nov - win US$9m contract for 2 vessel....

So in time to come ... with PE less than 6 times .... and good cash position .... OTTO will cruise North ... heads up...
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
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#2
yesterday 16m shares shorted ......third highest shorted stock ...

today kateks station at 6.5 again....

HOOT ah...

0.061 1,167,000 -- 0.062 1,199,000 --
0.060 2,597,000 -- 0.063 3,864,000 --
0.059 1,488,000 -- 0.064 5,600,000 --
0.058 1,763,000 -- 0.065 10,089,000 --
0.057 1,200,000 -- 0.066 4,388,000 --
0.056 1,308,000 -- 0.067 1,260,000 --
0.055 572,000 -- 0.068 1,748,000 --
0.054 780,000 -- 0.069 1,025,000 --
0.053 858,000 -- 0.070 998,000 --
0.052 450,000 -- 0.071 25,000 --
0.051 750,000 -- 0.072 108,000 --
0.050 700,000 -- 0.073 411,000 --
0.048 200,000 -- 0.074 1,118,000 --
0.046 200,000 -- 0.075 175,000 --
0.045 10,000 -- 0.078 125,000 --
0.043 10,000 -- 0.079 253,000 --
0.041 15,000 -- 0.081 140,000 --
-- -- -- 0.084 150,000
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
Quote
#3
1 Nov

The Board of Directors (the “Board”) of Otto Marine Limited (the “Company”)
wishes to announce that its subsidiary, Go Rigel Private Limited (the “Seller”), has
signed a Memorandum of Agreement (“MOA”) to dispose off one of its vessel
known as GO RIGEL (the “Vessel”) to PT GO Marine International (the
“Purchaser”), a company incorporated in Indonesia in which it owns 49% for a sum
of US$25.0 million (the “Transaction”).
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
Quote
#4
The Board of Directors of Otto Marine Limited (the “Company”) wishes to announce that its
wholly owned subsidiary, Deep Sea 1 Pte. Ltd. (“DS1PL”) has entered into a Memorandum
of Agreement (“MOA”) to sell a vessel known as DEEP SEA 1 (the “Vessel”) to PT GO
Marine International (“GMI”), a company incorporated in Indonesia in which it owns 49% for
a sum of USD95 million.

The vessel is built in its own shipyard in Batam, the sale of the Vessel will reduce its
inventory on hand and is part of the ordinary course of business of the shipyard business.
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
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#5
One of these days ... the kateks going to get it BIG time...
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
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#6
Otto 9m revenue is US$350m ..... not any lesser compared to its peers of higher values...
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
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#7
When it crosses 65 convincingly, then I join in....now just play other stocks....
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#8
14-11-2013 3:33 PM
disiaosiao said:
When it crosses 65 convincingly, then I join in....now just play other stocks....

ok... u should be joining me soon...hehehe
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
Quote
#9
0.060 2,447,000 -- 0.061 1,134,000 --
0.059 1,588,000 -- 0.062 1,420,000 --
0.058 1,962,000 -- 0.063 6,284,000 --
0.057 1,201,000 -- 0.064 5,655,000 --
0.056 1,308,000 -- 0.065 10,289,000 --
0.055 572,000 -- 0.066 4,258,000 --
0.054 780,000 -- 0.067 1,260,000 --
0.053 730,000 -- 0.068 1,648,000 --
0.052 450,000 -- 0.069 1,025,000 --
0.051 750,000 -- 0.070 998,000 --
0.050 700,000 -- 0.071 25,000 --
0.048 200,000 -- 0.072 108,000 --
0.046 200,000 -- 0.073 411,000 --
0.045 10,000 -- 0.074 1,118,000 --
0.043 10,000 -- 0.075 175,000 --
0.041 15,000 -- 0.078 125,000 --
-- -- -- 0.079 253,000 --
-- -- -- 0.081 140,000 --
-- -- -- 0.084 150,000
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
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#10
With a few more quarters of good performance …it may even can compare with the likes of jaya …ezion that league …revenue nears half billion
The Market Wave Theory: 长江后浪推前浪,前浪死在沙滩上!哈哈 Cool
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