
Cannot buy too fast. Q to buy also must be slow.
When hit 30 in q of 79cents have to stop. Tap at 30lots....
Do not wake up the BBs.
COSCO please buy 1 lot at a time
Do not scare off sellers....ok
Slow and steady.....
COSCO I am coming......
NOBLE clear the balance with another shorting of 200lots at 1.015.....A lot of sellers wanted to sell off today....for NOBLE to switch to COSCO....
Sold some of my Noble alr. Switching some to Cosco.
wow ... powerful....!
better hold tight tight....put on seat belt...
 
wait4opp ( Date: 04-Nov-2013 16:04) Posted:
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Sold! Left with 100lots.
Tmr then hoot COSCO.
jj7007 ( Date: 04-Nov-2013 15:26) Posted:
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No need sell all noble lah.. Anyway, take it easy no need showhand now as I think mkt may take this week to consolidate
I'm vested both sides as well, and both slightly out of the money lol.. 
wait4opp ( Date: 04-Nov-2013 15:21) Posted:
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Buy Buy Buy.
Cheap Cheap Come and Buy.
Come and buy. I am q to Sell.
 
anything less bad is already good news....
 
wait4opp ( Date: 04-Nov-2013 14:58) Posted:
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Tok to you, they sell down...
What The.....
Should sell at 98cents.... Now q first.
jj7007 ( Date: 04-Nov-2013 15:07) Posted:
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You think I do not want, the buy and sell limit are over.
Must wait till tomorrow then can buy if sell today.
Maybe later I will sell my NOBLE, will loss about 20K. Sigh
 
If u so confident, then switch some bullets to cosco lah, then tmr take profit and buy back more noble haha
BBs are going to break up soon any time from now for tomorrow robust results.
Rumours Profit 2 folds.....
Congrat. to those who bought....
Sigh ! Me all the bullets on the Noble.....
think nobody dare to play....shortist...scare...cos no meat already....and longist....scare have to hold very long....hee hee...
muifan ( Date: 04-Nov-2013 10:55) Posted:
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When post results?
This yr may be quiet but next yr onwards will come more alive 
no one playing cosco's earnings?
Hawkeye ( Date: 02-Nov-2013 17:12) Posted:
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COSCO wins ULSTEIN-design PSVs | |
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Today BDI raise another 21 point.
Cosco Corporation - Drillship saga's aftermath
Written By Stock Fanatic on Friday, November 1, 2013 
? 3Q13 results may reflect reversal and provision for drillship contract termination
? Striving to be the top offshore yard in China
? Earnings recovery to take time
? Maintain HOLD S$0.83 TP
3Q earnings could be swung by drillship provision
We expect Cosco to report a recurring net profit of S$16m in its upcoming 3Q results due on 5th Nov (after market), assuming a forex loss of S$5m resulting from RMB strengthening against USD. However, we reckon earnings could be affected by the potential reversal of profits previously recognised on the project (but likely to be minimal), and adjustment/provision for the termination of drillship contract.
Zooming in on offshore
YTD, Cosco has secured US$2.2bn of new orders, exceeding our expectations of US$2bn. We will fine-tune our order win assumption and earnings post-3Q results. Cosco targets new orders of at least US$2bn a year to replenish its orderbook, of which almost 90% is expected to come from offshore projects. Besides the key Nantong and Qidong yards which handle more sophisticated offshore projects, the other three yards, i.e. Dalian, Zhousan and Guangzhjou have also scaled their uptake on offshore projects, especially offshore support vessels (OSVs). 
That said, Cosco is transforming into an offshore-focused Group in the long run.
Intra Day

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Maintain HOLD TP S$0.83, pegged to 1.4x FY14  P/BV
While we are optimistic that Cosco will emerge as a competitive offshore yard in China in another cycle or two as it gains experience in various offshore products, earnings recovery will take time as it moves up the value chain gradually. We prefer Yangzijiang as a purer play to ride the shipbuilding recovery, and Keppel Corp as the global leader in the offshore space. (Read Report)
Zooming in on offshore
YTD, Cosco has secured US$2.2bn of new orders, exceeding our expectations of US$2bn. We will fine-tune our order win assumption and earnings post-3Q results. Cosco targets new orders of at least US$2bn a year to replenish its orderbook, of which almost 90% is expected to come from offshore projects. Besides the key Nantong and Qidong yards which handle more sophisticated offshore projects, the other three yards, i.e. Dalian, Zhousan and Guangzhjou have also scaled their uptake on offshore projects, especially offshore support vessels (OSVs). 
That said, Cosco is transforming into an offshore-focused Group in the long run.
Intra Day | |
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Technical Analysis
Daily Chart |
Maintain HOLD TP S$0.83, pegged to 1.4x FY14  P/BV
While we are optimistic that Cosco will emerge as a competitive offshore yard in China in another cycle or two as it gains experience in various offshore products, earnings recovery will take time as it moves up the value chain gradually. We prefer Yangzijiang as a purer play to ride the shipbuilding recovery, and Keppel Corp as the global leader in the offshore space. (Read Report)
Cosco to Build Two Jack-Up Rigs for KS Drilling
1 June 2011
 
Cosco's Singapore-based Cosco (Nantong) Shipyard has received a $356m contract from KS Drilling to build two jack-up rigs.
The jack-up drilling rig will be based on the LeTourneau Workhorse Class design.
The rigs will be capable of drilling at a water depth of up to 35,000ft, fully operational in 400ft water depth and can accommodate 150 persons onboard.
The rig will feature an offline stand building capacity to handle drill pipes and will be equipped with a capacity hook-load of 2m pounds.
Cosco Nantong Shipyard will deliver the first rig in the third quarter of 2013 and the second rig in the first quarter of 2014.so one jack-up drilling rig deliver the first rig in the third quarter of 2013  collect of  s$ 178 Million