
Yup.. i think its time for them to move up above $1..
hotstock ( Date: 04-Nov-2008 18:39) Posted:
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What else Russian cannot do? At least china government is intervening to rescue the 15 crews.
As i mentioned before Cosco is still fundamentally strong. Remember sembmarine is a key shareholder as well which means .....
I see it creeping upwards and it will soon reach 1.20 in a week or two.
The russian client really daring, dun pay n just cruise off..
But seems this incident is nt affect their stock price. Creeping up slowly when no one is notice!
Nostradamus ( Date: 04-Nov-2008 01:39) Posted:
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Cosco rose as broad market uptick offsets prospect of US$12.4 million loss stemming from trial voyage gone wrong. Of total contract value of US$16.2 million related to repair of 3 fish-processing vessels for Russian client, Cosco has received only US$3.8 million after completing work; company says customer took off with vessels during trial voyage last month, changed navigation routes without approval of Chinese coastal authorities. While Cosco says outstanding sum won't affect FY08 results if not recovered, DMG analyst Serene Lim says "this incident affirms our concerns on Cosco's customer profile (and) funding abilities."
banks are in thinking of giving cosco a big bank loan to buy metal as price has fallen reasonably low .....co may b on track to proceed with more projects instead of facing cancellation
lookslike cosco is running out of steam liao...good candidate to short now! expect to close below 80c today...
BDI retracement is getting slower, and will be good it stabilise and make a movement up. that would be good for Cosco.
Consider cheap Bluechip at the current price. Look at Sembmar, already moving up more than 20% from last monday low. however, Cosco's move was a conservative of merely less than 13%.
Even a cut liao the oil still drop.. due to slow economy. I think $50 oil is possible..
tanglinboy ( Date: 27-Oct-2008 08:43) Posted:
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I saw CNBC a few days ago. The analyst said that the OPEC will probably not let oil fall to US$50 level. They will cut production to prevent that from happening.
Buy when volume is at low and price is stable for long term investment.
That is my view.
freeme ( Date: 25-Oct-2008 00:06) Posted:
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when oil is at $50 i think should be quite safe liao
bbm2007 ( Date: 24-Oct-2008 23:48) Posted:
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closing at 0.67 with high volume again and it seem that alot throwing this share. Just wonder when will be the best price to go in to buy share...anybody?
last done .71 Sell .715 vol 15.4k.
STI at -105, not much room for down side, as HSI recovering a bit only.
15/10/2008
H:0.94 L:0.76 C:0.8
May have some force selling
0.745 liao. Trade with caution , US Future bad
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&P 500 |
-9.60 | 980.80 | 10/21 3:16am | ![]() |
Fair Value | 986.26 | 10/20 9:33pm | ||
Difference* | -5.46 | |||
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NASDAQ | -19.00 | 1341.00 | 10/21 3:16am | ![]() |
Fair Value | 1358.37 | 10/20 9:33pm | ||
Difference* | -17.37 | |||
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Dow Jones | -88.00 | 9229.00 | 10/21 |
Date & Time of Broadcast | 20-Oct-2008 12:42:24 |
The Board of Directors of COSCO Corporation (Singapore) Limited ("the Company") wishes to inform that the Company will be releasing the financial results of the Company and of the Group for the Third Quarter ended 30 September 2008 on Thursday, 30 October 2008, after trading hours.
For and on behalf of the Board
Jiang Li Jun
Vice Chairman/ President
20 October 2008
same same for those who still holding YZJ loh. Lets sing song 2morrow could be a better day liao. Cheers.
Agree. Talk about YZJ..... my heart still ache till now.....sigh.... dT_Tb
personally will not touch shipping/marine counters now.
earnings will be badly affected by depression
esp this another s share.. may be following yzj soon
Asian market only Thailand is mild + now. others lokang liao. Next Mon, STI gonna blue black again loh. Yes, must be cautious liao.