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28-02-2013, 10:18 PM
Hmm 700mil book value + 20b nok order book with 10% margin is worth another 400mil sgd.
The rest of the business and future contracts are valued at 300mil.
(The construction loans I am not sure if we should really take it as a liability because its loan taken on behalf of the shipper)
Although not below book but quite attractive priced.
Stx surely isn't in the brightest prospect league now. But this also meant its not wanted and thus inexpensive!
The rest of the business and future contracts are valued at 300mil.
(The construction loans I am not sure if we should really take it as a liability because its loan taken on behalf of the shipper)
Although not below book but quite attractive priced.
Stx surely isn't in the brightest prospect league now. But this also meant its not wanted and thus inexpensive!