Amedeo Res Share Discussion Threads

[napoleon111] 10/4/2014 09:11

Samsung Heavy Industries said on April 9 that it won an order worth 1.34 trillion won (US$1.27 billion) to build two drillships for an unnamed shipowner from Oceania. This is the first drillship order landed by a Korean shipyard. The contract volume is equivalent to 9.0 percent of the company's sales revenue last year. It will deliver the ships by the end of June 2017.




Until last year, the global drillship market had almost been dominated by Korean shipbuilders. But the situation is changing as Transocean Ltd. of the United States awarded this February a deal to build two drillships to Singapore's Jurong Shipyard at the cost of $540 million. It was a shock to the shipbuilding industry because the Singaporean shipbuilder was a specialist in semi-submersible drilling rigs and jack-up rigs, but not in drillships.




The fact that Samsung Heavy won this time a large-scale drillship order shows that Korean shipyards are still strong in drillship making. Including the latest deal, Samsung Heavy has won $3.3 billion this year to date, reaching about the 20-percent level of this year's target order booking volume of $15 billion. A Samsung Heavy Industries official said, "We are still holding the highest drillship market share in the world, with commensurate technical know-how and experience. We are confident we can keep the No. 1 position for the foreseeable future."

[ultrapunch] 09/4/2014 23:15

oilbuy. Why do you say it was definitely a buy? You have no proof. In fact the lse site has it as a sell because it was below the mid price when reported. It's impossible to say definitely whether it's a buy or sell. Rather like the 1,030,000 trade yesterday at 1.075p which was bang on the mid price at the time it was reported.

[oilbuy] 09/4/2014 17:02

1,075,000 buy

[ultrapunch] 08/4/2014 13:54

Chart looks interesting. I have a small stake bought recently at 1p. I presume the share price will travel sideways in those tight BB's until the next news? Probably the full year results to 31/12/13? Watch for the volume starting to increase.

[genises] 08/4/2014 12:54

May 4 weeks to go

[loverat] 08/4/2014 11:36

Can't see any trades or activity today.

[oilbuy] 08/4/2014 11:33

AMED

Poised for breakout!!!

[davethechef] 08/4/2014 08:43

Intriguing; maybe news later?

Or later this week, MM's got wind of.

[oilbuy] 08/4/2014 08:02

10.3% opening !!!!!!

[marty421] 06/4/2014 16:22

Keep the faith Oilbuy hopefully this week sees a change in trading range

[oilbuy] 06/4/2014 13:58

AMED

Bollinger bands very tight. Potential spike up when MACD becomes positive again.

[oilbuy] 04/4/2014 15:32

marty sure hope so !!!!!

[marty421] 03/4/2014 15:54

Genesis, you think there is no chance of news before may eh...

Oilbuy, I hope that dramatic move is upwards :-)

[oilbuy] 02/4/2014 20:35

Bollinger bands getting very tight.There could be a dramatic movement in the share price.

[oilbuy] 01/4/2014 18:19

AMED

Bollinger bands getting tight.

[genises] 31/3/2014 21:40

may marty421

[marty421] 29/3/2014 11:06

Thankfully March almost out of the way. Let's have some news in April and folk piling in here

[moormoney] 28/3/2014 11:19

Welcome Mr Multibag. I hope you do Multibag :)

[mr multi bag] 27/3/2014 09:42

Bought in here today. Looks positive.

[moormoney] 25/3/2014 15:35

A bit more movement in the right direction again...we need the share price to follow!

[howdlep] 25/3/2014 13:32

that's 3 x 1m buys today now...

[howdlep] 25/3/2014 10:50

with funding secured at 1p I have added this morning. Just a question of waiting for the newsflow to come and this will have a very quick re rating, given the tiny free float

[davethechef] 19/3/2014 16:50

Delayed hefty trade 2.5mill 0.98p, 'worked buy' I guess.

About time we had a bit of movement in the right direction

[bckttsim] 19/3/2014 14:22

1.06 to buy1.0 to sellNot what it says .