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COSCO SHP SG    Last:0.121    -0.002

CoscoCorp

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nickyng
    09-Dec-2008 12:12  
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unseen hands are making magics !! :P coming $1 liao siah !! :P
 
 
des_khor
    09-Dec-2008 11:10  
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Good news baby !! burn away lots of shortlist !!
 
 
louis_leecs
    08-Dec-2008 00:19  
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cosco release bad news but still up,,,,tis baby is having a recovering railly,so s-share must follow up a recovery railly,,,,dont miss tis opportunity,,,,,,china hongxing,,china xlx,,,china energy,,,li heng,,,synear,,,,china sky,,,yzjiang,,,even ausgroup,,,sgx,,,,all lead the recovery railly,,,,,,,,,,,,cheers
 

 
freeme
    07-Dec-2008 00:46  
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When they are at 0.6++ i think risk is limited liao. If ever they drop to that level again, i will buy up heavily. Currently still holding some. 

HLJHLJ      ( Date: 06-Dec-2008 22:13) Posted:

Maybe it is hedge fund buying to lure people in and then sell off later on. Not sure. Anyone knows?
With order cancellation, should be low interest, how come so active?
Anyway, from chart, supports seems to be at 0.7 and resistance at about 9.3 (nov). If breaks above this, good.
From MA,  7-14 MA has crossed but it has crossed manytimes and still downtrend. But with 20-40MA, seems like meeting soon which means that the downtrend is flattening out. I think for long term, can start accumulating if you believe it will not go bankrupt and econ picks up in 2-3 yrs time.



freeme      ( Date: 04-Dec-2008 16:33) Posted:

The cancellation wont really hurt them too much. The most is expect some mild sell down. But today really defy odds.. now become positive and the buy is so strong.. and not stopping 


 
 
HLJHLJ
    06-Dec-2008 22:13  
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Maybe it is hedge fund buying to lure people in and then sell off later on. Not sure. Anyone knows?
With order cancellation, should be low interest, how come so active?
Anyway, from chart, supports seems to be at 0.7 and resistance at about 9.3 (nov). If breaks above this, good.
From MA,  7-14 MA has crossed but it has crossed manytimes and still downtrend. But with 20-40MA, seems like meeting soon which means that the downtrend is flattening out. I think for long term, can start accumulating if you believe it will not go bankrupt and econ picks up in 2-3 yrs time.



freeme      ( Date: 04-Dec-2008 16:33) Posted:

The cancellation wont really hurt them too much. The most is expect some mild sell down. But today really defy odds.. now become positive and the buy is so strong.. and not stopping 

 
 
des_khor
    06-Dec-2008 01:27  
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China counters are moving .... now we can see S-chip first... the rest will follow soon !
 

 
dcang84
    05-Dec-2008 10:10  
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Very sad to hear Honda pulling out of Formula 1.Haiz...
 
 
dcang84
    05-Dec-2008 10:07  
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FA looks grim but technically it may not be the right time to short.
 
 
freeme
    05-Dec-2008 09:58  
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Im not too sure. but keppel corp's share price is always link to price of oil too. Since oil price might erode further, therefore their price is affected.

ilovebull      ( Date: 05-Dec-2008 08:53) Posted:

Why is it that cancellation of order does not have much effect on this counter ( ie price dont drop much ) whereas Keppel Corp' s customer "thinking" of cancellation only cause so much impact and its share price slump ?

 
 
ilovebull
    05-Dec-2008 08:53  
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Why is it that cancellation of order does not have much effect on this counter ( ie price dont drop much ) whereas Keppel Corp' s customer "thinking" of cancellation only cause so much impact and its share price slump ?
 

 
lookcc
    04-Dec-2008 23:37  
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best is leave him alone.
 
 
jackjames
    04-Dec-2008 22:47  
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what shit are you talking about? Do you go for English class before?



louis_leecs      ( Date: 04-Dec-2008 21:30) Posted:

yes,,,,,,,,,,,,,,,ho sai liao,,,,,,,,,,,,COSCO IS BACK,,,,,,,,I  CONFIRM THE BEAR RAILLY COMING,,,,,,,,,,,,SNAP UP S SHARE TIS MORNING,,,,,,,,,,,,,,BB IS BACK FROM WAT I KNOTIS,,,,,,,,,,,,,,,,,,,YEAR END RAILLY COMING FINALLY,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,PPL NERVOUS TOO MANY BAD NEWS AND (BB FROM GG) THEY NOW FOLLOW UP BUY WHEN  BAD NEWS KICK IN,,,,,,,,,,,,SO I POUR MY MONEY INTO9 MARKET AGAIN,,,,,,,,,,,,,,,,,CHEERS FOR BEAR RAILLY ,,,,,,,,,,,CHEERS FOR CHRISTMAS RAILLY,,,,,,,,,,,,CHEERRS FOR WINDOW DRESSING,,,,,,,CHEERS FOR BUY BUY CALL AKAN DATANG,,,,,,,,CHERRS

 
 
louis_leecs
    04-Dec-2008 21:30  
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yes,,,,,,,,,,,,,,,ho sai liao,,,,,,,,,,,,COSCO IS BACK,,,,,,,,I  CONFIRM THE BEAR RAILLY COMING,,,,,,,,,,,,SNAP UP S SHARE TIS MORNING,,,,,,,,,,,,,,BB IS BACK FROM WAT I KNOTIS,,,,,,,,,,,,,,,,,,,YEAR END RAILLY COMING FINALLY,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,PPL NERVOUS TOO MANY BAD NEWS AND (BB FROM GG) THEY NOW FOLLOW UP BUY WHEN  BAD NEWS KICK IN,,,,,,,,,,,,SO I POUR MY MONEY INTO9 MARKET AGAIN,,,,,,,,,,,,,,,,,CHEERS FOR BEAR RAILLY ,,,,,,,,,,,CHEERS FOR CHRISTMAS RAILLY,,,,,,,,,,,,CHEERRS FOR WINDOW DRESSING,,,,,,,CHEERS FOR BUY BUY CALL AKAN DATANG,,,,,,,,CHERRS
 
 
freeme
    04-Dec-2008 20:04  
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Yup.. spike in vol is something to watch. Im still holding on to my earlier purchase 1 month ago.

singaporegal      ( Date: 04-Dec-2008 19:47) Posted:

The recent spike in volume with increase in price looks interesting from TA view... watch this closely....

 
 
singaporegal
    04-Dec-2008 19:47  
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The recent spike in volume with increase in price looks interesting from TA view... watch this closely....
 

 
freeme
    04-Dec-2008 16:33  
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The cancellation wont really hurt them too much. The most is expect some mild sell down. But today really defy odds.. now become positive and the buy is so strong.. and not stopping 
 
 
Ongkc123
    04-Dec-2008 16:12  
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Just saw 2 reports on Cosco; one recommending a SELL (Target 0.80), and the other recommending a HOLD (Target $0.89). Moreover, 2 contract cancellations (maybe with more to come). Now suddenly, bb are buying up. Confused. Anyone knows the reason for this buying up?
 
 
freeme
    04-Dec-2008 15:56  
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the bb buy up in big fashion.. one shot clear 600+ lots.. cool
 
 
hotstock
    04-Dec-2008 12:56  
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Did anyone has any suspicion about the announcement phrase "prevailing unfavorable market conditions". Does it mean more to come?
 
 
hotstock
    04-Dec-2008 10:54  
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Hot from newsdesk.

Singapore-listed Cosco Corp is in for more bad news after the cancellation of two bulk carrier vessels ordered from its subsidiary in Dalian, said CIMB in a research note.
     The shipping sector has now entered into a "down cycle" and the cancellation is "just the beginning," the note said.
    "The outlook could worsen in 2009 as a large number of new building is scheduled for delivy, resulting in a potential glut. We see the potential for more order cancellations and deferments for Cosco."
    CIMB estimated that the total value of the cancelled ships at 80 mln usd. 
    It said it already has a built-in discount on Cosco's bulk-carrier order book of 30 pct. Its earnings forecasts for the Chinese company remain unchanged.
    It also maintained its "underperform" recommendation on the stock and the target price of 0.80 sgd.
    Cosco last traded at 0.815 sgd.
 
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