OIL and gas contractor Swiber Holdings has filed a winding-up application, and its directors have resigned to pursue their own interests, the company announced on Thursday.

The company has also filed an application to place the company under provisional liquidation. Cameron Lindsay Duncan and Muk Siew Peng have been appointed as the joint and several provisional liquidators of the company.

The winding-up application will be heard in court on Aug 19.

Executive director and vice chairman Francis Wong, executive director and chief financial officer Leonard Tay and executive director Nitish Gupta have all resigned "to seek new opportunities".

Everyday drop 10 point
By next week klci from 1600 to 1500

Bat drag klci to drop 10 point
It is very bad

48
Wow

Only a few report higher GAAP earnings
The companies we analyzed that reported higher GAAP than non-GAAP earnings generally took actions that increased results, such as selling assets. Here, you can see which companies’ GAAP EPS was most-improved from the non-GAAP figure.

Companies where GAAP earnings are higher
Difference between non-GAAP EPS and GAAP EPS
Procter & Gamble Company
Comcast Corporation
Visa Inc.
$-0.11
$-0.03
$-0.03

Of all the companies reporting higher GAAP than non-GAAP EPS, Procter & Gamble had the widest spread. The company’s GAAP number included a gain from the sale of a business, as well as charges from discontinued operations. That led to a GAAP EPS number of 97 cents and a non-GAAP number of 86 cents in the January quarter.


David Marino-Nachison and Jessica Marmor Shaw contributed to this story.
Source: FactSet, company press releases, NASDAQ and MarketWatch analysis
Notes: EPS numbers are from each company's last reported quarter as of June 30, 2016. Because fiscal quarters vary among companies, GAAP EPS and non-GAAP EPS are from the January-quarter reporting period.
Spread for each company calculated by subtracting GAAP EPS from non-GAAP EPS.
Alphabet's Class C shares have been omitted.
The list of companies we examined did not include any in the utilities or materials sectors.

40 this week

It is good to wait many pensioners loss all their pension and put it on newspaper cry father cry mother, that is the time investor come to collect the loots.

Pensioner is very good target they are so very wealthy with cash, 500k? 600k? No problem, they got cash and they can always everytime now is the best time to invest.

I always heard people say when is the best time to invest?
They will say now is always the best time, sound true because it is long term, but they don't tell you to invest a small portion of the money slowly, many times they will like you to sailing all your family like a boss, as long as they get the commission based on the percentage of your money, the more the better, fund manager don't care about what time.

Analyst cannot jump from high rise
They too smart

Buy high sell low

Bank too big to failed

Trader come take some hit
Bank cannot accept it

Klci going 1500 soon

Wow steep drop
EPF no money now

I will only invest when fund manager jump from their high rise
By then u can collect his loots that is left behind
Remember no blood no gain

This blue chip is expired
Penny chip now

My first attempt is 5% correction
Look like I overestimate bat
It should be lower

Sell sell before your pension not enough to last for one year

I am more worrying about the domino effect
Bat collapse will affect other business affiliate with it
What can you think of it?

Pokemon go is more addictive
Smoker quit ciggy to play Pokemon
Bat also play Pokemon go

The high rise is valuable it is the paper asset that is cheap
But as you know some fund manager very black heart
They like to tell you to buy high rise so you can jump from it
The truth is the fund manager who loss in paper asset jump from it
Not the high rise at fault

Tomorrow see people jumping from the high rise
So happy

Tp:89 cents

Aeon no need handicap
Strawberry generation all want spoonfeed cannot survive

Buy house only
See people like Japanese no need handicap also can survive

Next will be epf dispose

Wow
It is overkill

Time to eat medicine
It will change your mind once you try one of it

McDonald promoting Malaysia
What sorcery is this world

Collecting loots

Wait they remove it from the index first

Bat can draw the index to very low which is very bad shape to the outlook

Cannot like that
Bursa will uma first to calm your tits

At least they did their best to polish the eps
Creative accounting still cannot save the day

80% eps drop!!
Salary already ciput boss want to cut 80%

It has never drop so much in the history of bat
Gonna be another shit

Drop a lot
People don't smoke
They vape instead

If 1 plc kaput, 1.5 fund go kaput to be fair

You see there is 1500 fund in this country
More than the plc in the bursa
Fund is bigger than plc amazing

Small fund also just take other people money
They take the profit and give you risk
If they die they can run another new fund
While people die they cannot revive

Small fund can die very fast
Time to grab the loot from small fund

But no one want to spend
Big fund all no job small fund also fked

Pensioner can take their money and spend oversea
Because their money why not?

So trader is expect to take a big hit

May be bailout at 0.10 like Mas again?

Before it can be bailout
Small timer trader will take the hit before the tax payer money kick in

It is too big to fail!

Sell sell...
Kwap no money
Kwsp no money
Pensioner still need to spend their pension

I can take asb loan 200k to keep 50 years
What bank want to give me 200k loan to keep panas for 50 years?