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CoscoCorp

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goondoo
    14-Oct-2008 22:11  
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Yah, I can also imagine people who buy at 0.30 thinking it was $8 1 year ago, and confident sure win, and to their horror goes down to 3c and then chiong 500% to 15c and u still lose 50%.
 
 
jackjames
    14-Oct-2008 22:07  
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goondoo.. need not to be too pesismistic... the crash creates opportunity to gain more in the long run...

the stock that dropping to few cents, and suddenly rebound during the bull market are surprisingly crazy, like Jade, Mediaring, you name it... but definitely, Cosco is not like them la.. if Cosco can drop to 0.10, you must really laugh, and quickly buy and keep it.. 

afterall, Cosco was 30 cents ++ last few years only.. of course, it still can drop if any bad news arises.. can you imagine those people bought at 30 cents and let go at 8 dollars? waa... huat man..



goondoo      ( Date: 14-Oct-2008 21:48) Posted:



I bot cosco @ 1.2 thinking sure win.

But now, even if it drop until 0.10, i will not average down. too many cases of stock dropping to few cents and stay there forever.

 
 
goondoo
    14-Oct-2008 22:02  
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In fact my gut feel tells me COSCO single handed pull down the whole STI and shaken the confidence of the entire investing community today. STI was about 130 pt up, when COSCO suddenly plunge pulling down all the marine stocks and then all other blue chips and STI lost 80 pt to close only 50 pt up.
 

 
goondoo
    14-Oct-2008 21:59  
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I'm not trying to spread rumours on COSCO.

Who can predict that AIG will fail 1 year ago? AIG was in the Dow Jones Industrial Average. Fortune 500.

Balance sheet looks good now, does not promise survival in the future. I thk I will only trust Singapore blue chips from now on, China and U.S. blue chips can drop 90% within a year. U just need 1 off balance sheet item to bring a blue chip company with almost zero gearing into negative equity or even liquidation.

COSCO collapse almost 20% in a day when there is a global super bull run indicates serious problems with the company.
 
 
leechongpeng
    14-Oct-2008 21:53  
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I fully agreed with you about China Stock. I lost about $20K on Sunray when I exited at $0.13. Now it's trading at $0.02.

goondoo      ( Date: 14-Oct-2008 21:37) Posted:



I thk no China stock can be trusted anymore.

They should not be placed in the STI in the first place.

Gives people the false impression that they are blue chips. But can drop 90% within a year. Sounds like AIG.

Maybe will be taken off the STI soon, like it's younger cousin, YZJ?

 
 
henrytan
    14-Oct-2008 21:52  
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Check Cosco's laster quarter Cash's position, you will know that Cosco got sufficient funds to pay up their loan.  They got 1billion hard cash in bank.  Their repaybale loan only consist of 10% to 20% of their cash on hand. 
 

 
goondoo
    14-Oct-2008 21:48  
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I bot cosco @ 1.2 thinking sure win.

But now, even if it drop until 0.10, i will not average down. too many cases of stock dropping to few cents and stay there forever.
 
 
goondoo
    14-Oct-2008 21:46  
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Haiz, buy at 0.69, maybe drop to 10c? then how?

History has so many eg. AIG, China Aviation Oil...Who can be sure it will not drop to 10c?

Maybe next time will fluctuate between 10c to 30c? buy at 0.69 still lose forever.
 
 
XiaoMaGe888
    14-Oct-2008 21:40  
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You can keep BIG for 5 years,how come ask pp to buy

@0.69 ,sure make money.Smiley@#%&**&%#@@#$PP



XiaoMaGe888      ( Date: 14-Oct-2008 21:23) Posted:

Oh! forgotten liao you are rupiah millionaire SmileySmiley

jackjames      ( Date: 14-Oct-2008 20:04) Posted:

never mind, I even cover back my whole biosensor capital by my favourite 1 day holding stock of Morgan Stanley, I got more than 100% returns in just 1 day, money not even give to POEMS yet... ha ha ha...  I have to admit I sold too fast, maybe today up to $21 ..

I understand your situation, don't worry, I can keep BIG for 5 years, how about that? worry for yourself first~ *blink*..

 



 
 
goondoo
    14-Oct-2008 21:37  
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I thk no China stock can be trusted anymore.

They should not be placed in the STI in the first place.

Gives people the false impression that they are blue chips. But can drop 90% within a year. Sounds like AIG.

Maybe will be taken off the STI soon, like it's younger cousin, YZJ?
 

 
jackjames
    14-Oct-2008 21:30  
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as usual, you are just so childish.... and you know "0" , zero, about stocks....

sorry, i won't play with you, you are just dirtying the forum... pity boy, get a life! or you can just keep posting in this manner... I am not that silly to reply your childish act...
 
 
XiaoMaGe888
    14-Oct-2008 21:23  
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Oh! forgotten liao you are rupiah millionaire SmileySmiley

jackjames      ( Date: 14-Oct-2008 20:04) Posted:

never mind, I even cover back my whole biosensor capital by my favourite 1 day holding stock of Morgan Stanley, I got more than 100% returns in just 1 day, money not even give to POEMS yet... ha ha ha...  I have to admit I sold too fast, maybe today up to $21 ..

I understand your situation, don't worry, I can keep BIG for 5 years, how about that? worry for yourself first~ *blink*..

 



XiaoMaGe888      ( Date: 14-Oct-2008 16:47) Posted:

Dun talk big,

U also call buy BIG @0.69 and 0.49 so now What price?

 



 
 
leechongpeng
    14-Oct-2008 21:14  
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Always be on the safe side unless you got lot of $$$. I was tempted to buy at $1. Thank to all of you, I will now wait for $0.55.
 
 
jackjames
    14-Oct-2008 20:04  
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never mind, I even cover back my whole biosensor capital by my favourite 1 day holding stock of Morgan Stanley, I got more than 100% returns in just 1 day, money not even give to POEMS yet... ha ha ha...  I have to admit I sold too fast, maybe today up to $21 ..

I understand your situation, don't worry, I can keep BIG for 5 years, how about that? worry for yourself first~ *blink*..

 



XiaoMaGe888      ( Date: 14-Oct-2008 16:47) Posted:

Dun talk big,

U also call buy BIG @0.69 and 0.49 so now What price?

 



jackjames      ( Date: 14-Oct-2008 16:28) Posted:

$0.55 , I buy !


 
 
idesa168
    14-Oct-2008 17:05  
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Setting goal post is a tricky business. I think we must change goal post along with the mkt. If not we may get burnt! Good luck!

freeme      ( Date: 14-Oct-2008 16:48) Posted:

True la.. bec b4 these days, i did set my entry for this counter at below $1. But nw, since under pressure that it will go south more.. See how it goes ba, but below $1 looks really attractive to me ;)

idesa168      ( Date: 14-Oct-2008 16:22) Posted:

There is a reason for the share to go below $1.00. If it really go back there again, do you really want to consider taking position? Think again.


 

 
hotstock
    14-Oct-2008 16:57  
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Cosco must close way above $1 to keep positive. Europe all up by more than 4%
 
 
idesa168
    14-Oct-2008 16:56  
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Huh...buy BIG @69¢ and 49¢! Like that pants also drop liao! Hope JJ is not holding the BIG at those price as it just 27¢ today!

XiaoMaGe888      ( Date: 14-Oct-2008 16:47) Posted:

Dun talk big,

U also call buy BIG @0.69 and 0.49 so now What price?

 



jackjames      ( Date: 14-Oct-2008 16:28) Posted:

$0.55 , I buy !


 
 
freeme
    14-Oct-2008 16:48  
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True la.. bec b4 these days, i did set my entry for this counter at below $1. But nw, since under pressure that it will go south more.. See how it goes ba, but below $1 looks really attractive to me ;)

idesa168      ( Date: 14-Oct-2008 16:22) Posted:

There is a reason for the share to go below $1.00. If it really go back there again, do you really want to consider taking position? Think again.

freeme      ( Date: 14-Oct-2008 16:20) Posted:

Really suay. I was tempted to get in also but when i see today STI already up 130+ pts just now, i doubt it will cheong blindly as im very sure ppl will off load when its at its high.

Nw downgrade to 0.55! Abit low.. Just now goes under $1, which i tink not bad. But miss it, see if later got chance anot.



 
 
XiaoMaGe888
    14-Oct-2008 16:47  
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Dun talk big,

U also call buy BIG @0.69 and 0.49 so now What price?

 



jackjames      ( Date: 14-Oct-2008 16:28) Posted:

$0.55 , I buy !

paperless      ( Date: 14-Oct-2008 15:52) Posted:

*DJ Cosco Singapore Target Cut To S$0.55 From S$1.20 - CS - Tue 8:33 AM


 
 
paperless
    14-Oct-2008 16:46  
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NOte: Not a call to long or short.  Pls do ur own research.

paperless      ( Date: 14-Oct-2008 16:44) Posted:

lol..

Do research and try BerlianLaju then.

 



jackjames      ( Date: 14-Oct-2008 16:28) Posted:

$0.55 , I buy !


 
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