As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Technical Analysis and Charting
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Thursday, 3 October 2013

Jack up Craze to continue by CMIB

Read? Jack up Craze to continue

What Happened

PEMEX will start the tendering process for 10 jack-up rigs in Dec-13. Delivery for the first unit will be in 28 months, with each subsequent unit to be delivered at an interval of three months. The orders can go to two yards, with one building six and the other four. (Source: ODS-Petrodata).

 Transocean is also expected to receive bids for up to 10 high-specification jack-ups by end-Oct and has approached yards in Singapore, Korea and China, with speedy delivery (27 months) as a key criterion (Source: Upstream).


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