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wait4opp
    05-Nov-2013 09:55  
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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.
 
 
wait4opp
    05-Nov-2013 09:31  
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COSCO please buy 1 lot at a time

Do not scare off sellers....ok

Slow and steady.....
 
 
wait4opp
    05-Nov-2013 09:29  
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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....
 

 
jj7007
    05-Nov-2013 09:15  
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Sold some of my Noble alr. Switching some to Cosco.
 
 
ascend88
    04-Nov-2013 16:29  
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wow ... powerful....!

better hold tight tight....put on seat belt...

 

wait4opp      ( Date: 04-Nov-2013 16:04) Posted:



Sold! Left with 100lots.

Tmr then hoot COSCO.

jj7007      ( Date: 04-Nov-2013 15:26) Posted:



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
    04-Nov-2013 16:04  
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Sold! Left with 100lots.

Tmr then hoot COSCO.

jj7007      ( Date: 04-Nov-2013 15:26) Posted:



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:



Tok to you, they sell down...

What The.....

Should sell at 98cents.... Now q first


 

 
jj7007
    04-Nov-2013 15:26  
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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:



Tok to you, they sell down...

What The.....

Should sell at 98cents.... Now q first.

jj7007      ( Date: 04-Nov-2013 15:07) Posted:

If u so confident, then switch some bullets to cosco lah, then tmr take profit and buy back more noble haha


 
 
wait4opp
    04-Nov-2013 15:23  
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Buy Buy Buy.

Cheap Cheap Come and Buy.

Come and buy. I am q to Sell.

 
 
 
ascend88
    04-Nov-2013 15:23  
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anything less bad is already good news....

 

wait4opp      ( Date: 04-Nov-2013 14:58) Posted:



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.....

 
 
wait4opp
    04-Nov-2013 15:21  
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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:

If u so confident, then switch some bullets to cosco lah, then tmr take profit and buy back more noble haha

 

 
wait4opp
    04-Nov-2013 15:20  
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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

 
 
 
jj7007
    04-Nov-2013 15:07  
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If u so confident, then switch some bullets to cosco lah, then tmr take profit and buy back more noble haha
 
 
wait4opp
    04-Nov-2013 14:58  
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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.....
 
 
ascend88
    04-Nov-2013 11:19  
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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:

no one playing cosco's earnings?

Hawkeye      ( Date: 02-Nov-2013 17:12) Posted:

COSCO wins ULSTEIN-design PSVs



ULSTEIN has entered into an agreement with COSCO (Guang Dong) Shipyard Co. Ltd, China, on deliveries of ship design, power & control equipment and on-site follow-up services of two platform supply vessels of the PX121 design. The vessels are ordered by Vroon Offshore Services of the Netherlands.

?These two vessels are part of the Vroon commitment to our business partners and will support us in meeting their service requirements in the best possible way. All at Vroon are excited to welcome these new vessels to our fleet in 2015,?? comments Jan-Piet Baars, Managing Director of Vroon Offshore Services.

?The PX121 is becoming increasingly attractive to oil companies as it offers a competitive combination of fuel-efficiency and cargo capacities/deadweight,? explains Sigurd Viseth, Managing Director of Ulstein Design & Solutions. ?This translates to a performance level that is usually expected from larger PSVs, but at a medium-sized PSV cost - delivering excellent value-for-money for the owner and operator. We?re delighted that Vroon sees the compelling benefits of this vessel. We expect to see more newbuilds of the same design type in the years to come.?

Earlier in 2013, Vroon committed to two of the same PX121 design and equipment deals, with an option for a further two. Today?s agreement marks the declaration of that option.

Each of Vroon?s four PSVs is scheduled for delivery in 2015 and intended for operation in European waters. Measuring 83.4 metres in length, with a beam of 18 metres, they boast a rectangular cargo deck of 830 square metres and a load capacity of 4,200 tonnes (dwt).

Thanks to flexible tank capacities, the PX121 is set up to support drilling activities with longer and deeper boreholes and activities further from shore. In addition to tanks for oil, water and drilling fluids, the vessel also has two stainless steel tanks for flammable liquids or corrosive chemicals. Each ship will be equipped with dynamic positioning system Class II and meets the requirements of ?Clean Design?, according to ABS class.

The PX121, which has a maximum speed of approximately 15 knots and modern accommodation for 23 people, also comes with the iconic ULSTEIN X-BOW®. The X-BOW offers efficiency over a wide draught range, which is important for PSVs as they often operate with varying loads. Furthermore, the X-BOW has unique, advantageous qualities in terms of motion and propulsion efficiency in moderate and heavy seas. Its innovative shape eliminates wave slamming and bow impact delivering better performance, while reducing noise and vibration, which in turn translates to enhanced crew comfort and safety levels.



Published : October 30, 2013


 
 
jj7007
    04-Nov-2013 11:01  
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When post results?

This yr may be quiet but next yr onwards will come more alive 
 

 
muifan
    04-Nov-2013 10:55  
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no one playing cosco's earnings?

Hawkeye      ( Date: 02-Nov-2013 17:12) Posted:

COSCO wins ULSTEIN-design PSVs



ULSTEIN has entered into an agreement with COSCO (Guang Dong) Shipyard Co. Ltd, China, on deliveries of ship design, power & control equipment and on-site follow-up services of two platform supply vessels of the PX121 design. The vessels are ordered by Vroon Offshore Services of the Netherlands.

?These two vessels are part of the Vroon commitment to our business partners and will support us in meeting their service requirements in the best possible way. All at Vroon are excited to welcome these new vessels to our fleet in 2015,?? comments Jan-Piet Baars, Managing Director of Vroon Offshore Services.

?The PX121 is becoming increasingly attractive to oil companies as it offers a competitive combination of fuel-efficiency and cargo capacities/deadweight,? explains Sigurd Viseth, Managing Director of Ulstein Design & Solutions. ?This translates to a performance level that is usually expected from larger PSVs, but at a medium-sized PSV cost - delivering excellent value-for-money for the owner and operator. We?re delighted that Vroon sees the compelling benefits of this vessel. We expect to see more newbuilds of the same design type in the years to come.?

Earlier in 2013, Vroon committed to two of the same PX121 design and equipment deals, with an option for a further two. Today?s agreement marks the declaration of that option.

Each of Vroon?s four PSVs is scheduled for delivery in 2015 and intended for operation in European waters. Measuring 83.4 metres in length, with a beam of 18 metres, they boast a rectangular cargo deck of 830 square metres and a load capacity of 4,200 tonnes (dwt).

Thanks to flexible tank capacities, the PX121 is set up to support drilling activities with longer and deeper boreholes and activities further from shore. In addition to tanks for oil, water and drilling fluids, the vessel also has two stainless steel tanks for flammable liquids or corrosive chemicals. Each ship will be equipped with dynamic positioning system Class II and meets the requirements of ?Clean Design?, according to ABS class.

The PX121, which has a maximum speed of approximately 15 knots and modern accommodation for 23 people, also comes with the iconic ULSTEIN X-BOW®. The X-BOW offers efficiency over a wide draught range, which is important for PSVs as they often operate with varying loads. Furthermore, the X-BOW has unique, advantageous qualities in terms of motion and propulsion efficiency in moderate and heavy seas. Its innovative shape eliminates wave slamming and bow impact delivering better performance, while reducing noise and vibration, which in turn translates to enhanced crew comfort and safety levels.



Published : October 30, 2013

 
 
Hawkeye
    02-Nov-2013 17:12  
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COSCO wins ULSTEIN-design PSVs



ULSTEIN has entered into an agreement with COSCO (Guang Dong) Shipyard Co. Ltd, China, on deliveries of ship design, power & control equipment and on-site follow-up services of two platform supply vessels of the PX121 design. The vessels are ordered by Vroon Offshore Services of the Netherlands.

?These two vessels are part of the Vroon commitment to our business partners and will support us in meeting their service requirements in the best possible way. All at Vroon are excited to welcome these new vessels to our fleet in 2015,?? comments Jan-Piet Baars, Managing Director of Vroon Offshore Services.

?The PX121 is becoming increasingly attractive to oil companies as it offers a competitive combination of fuel-efficiency and cargo capacities/deadweight,? explains Sigurd Viseth, Managing Director of Ulstein Design & Solutions. ?This translates to a performance level that is usually expected from larger PSVs, but at a medium-sized PSV cost - delivering excellent value-for-money for the owner and operator. We?re delighted that Vroon sees the compelling benefits of this vessel. We expect to see more newbuilds of the same design type in the years to come.?

Earlier in 2013, Vroon committed to two of the same PX121 design and equipment deals, with an option for a further two. Today?s agreement marks the declaration of that option.

Each of Vroon?s four PSVs is scheduled for delivery in 2015 and intended for operation in European waters. Measuring 83.4 metres in length, with a beam of 18 metres, they boast a rectangular cargo deck of 830 square metres and a load capacity of 4,200 tonnes (dwt).

Thanks to flexible tank capacities, the PX121 is set up to support drilling activities with longer and deeper boreholes and activities further from shore. In addition to tanks for oil, water and drilling fluids, the vessel also has two stainless steel tanks for flammable liquids or corrosive chemicals. Each ship will be equipped with dynamic positioning system Class II and meets the requirements of ?Clean Design?, according to ABS class.

The PX121, which has a maximum speed of approximately 15 knots and modern accommodation for 23 people, also comes with the iconic ULSTEIN X-BOW®. The X-BOW offers efficiency over a wide draught range, which is important for PSVs as they often operate with varying loads. Furthermore, the X-BOW has unique, advantageous qualities in terms of motion and propulsion efficiency in moderate and heavy seas. Its innovative shape eliminates wave slamming and bow impact delivering better performance, while reducing noise and vibration, which in turn translates to enhanced crew comfort and safety levels.



Published : October 30, 2013
 
 
cheongsl
    01-Nov-2013 21:19  
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Today BDI raise another 21 point.
 
 
WanSiTong
    01-Nov-2013 15:28  
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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.

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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)

 
 
samson
    01-Nov-2013 12:39  
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Cosco to Build Two Jack-Up Rigs for KS Drilling

1 June 2011

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
 
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