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1901-1920 of 3100
Haha! Merely 3 trading days are all it took to hit $2.27 at today's closing......unbelievably fast!!!
Next target at $2.07-$2.18 if price still can't hold......... < $2 is coming?
Hmm...notice YZJ price movement has been in line with this one at half its NAV....say when this is at $2.70 range (6x nav), YZJ at 70cts range(3x nav)...now its at 5x nav, YZJ at 2.5x nav???
Farmer ( Date: 07-Aug-2008 09:44) Posted:
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Just wondering when the analyst sell reports will come out.
Still a dead duck. Siam ah!
http://www.cosco.com.sg/ir_insider.html
check this out.. the biggest winner are those directors... goodness, they bought like 20 cents.. just 4 years ago... already loading many lots at high 7++ , 6++, etc... some even unload at 3++ recently..
no matter what, they have such a high safety margin there... even they throw at 1 dollar still earning big...
so, we should consider buying centillion now, heee.. or what else? informatics? KXD? MDR ?whatever penny stock u want to name it..
chart tell me to buy at 1.20, heee..
As I said what's went up must come down later !! not too long will reaching $1+ level soon !! after that will join most penny stocks group like last 7 years ago !!
Sell!!!! Not worthy to keep
actually, cwquah, i wouldn't buy this counter at any price now. heh.
a pity, for such a company with stellar results. what killed this counter was not the BBs, but the management themselves. extremely inept handling of publicity--plus, directors who do regular trading AND insider trading--so what resulted was a massive loss of public confidence, hence the downtrend.
Even if cosco does recover, you're not likely to see 3.2 again.
It wasn't the BBs--who just took the opportunity--if management had played it rightly, this counter should have shot way up based on their results instead of down.
Which is why i always say, gotta differentiate between a company and its stock. Very different things.
anyhow, watch if 2.3 holds today. Friday will be crucial for this baby.
Even if it closes at 2.33, risky to buy.
fyi update only:
appears that they're trying to support cosco at 235. but there also appears to be an automated system (alt a 'live' BB) selling at the same px. it's tug of war now.
So be careful if today closes below 230.
caveat applies. not vested.
doesn't look good at all 2.29... guess should just don't touch it yet...
Hi Guys,
Though the price seem attractive now, it may be another YZJ, good stock that fell from 2+ to 1.5+ to below 1. Many waited for its 1.50+ rebound which didn't occur which ended up at .70+ cents now. Lame for a good company but then again, if there's no one buying, no matter how good it is, it doesnt matter.
Seems like the bb are tyring to consolidate ard 2.4-2.44 region before spiking it up but then again, its technically weak coupled with STI weak sentiment , dont expect too much.
Is it time to buy Cosco? I don't think so.
Nomura downgrades Cosco to Reduce from Buy. More details at SP forum.
Bought some at $2.40 , lets see how it reacts tomorrow. I believe holding this seems good. Its way oversold.
Just stay clear 1st. Unsafe at the moment for longs.
TA looks pretty bearish.
Cosco is a growth stock. I think with Dow strong on Fri, cosco will move up. Its book order is still very healthy. Really, i think in the long run, China yards will definitely overtake Spore yards, no doubt about it. Ship repair is all about costs. China is definitely very much cheaper than spore. Only advantage spore now is oil rigs and efficiency, but China can master them easily in no time.
Cosco Announcement ... for damage control ??
hotstock ( Date: 10-Aug-2008 01:22) Posted:
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Thursday cosco dinner with analysts gave more worry sign of investor confidences. Analysts questions are not answered and new head gives little insight to prevailing concern. Avoid this counter as it top my shortlist.
The Edge said a break below $2.80 indicates a target of $1.70. Take care.
http://investsgx.blogspot.com/2008/08/cosco-harbinger-of-bad-news.html
| Name of Announcer * | COSCO CORPORATION (S) LTD |
| Company Registration No. | 196100159G |
| Announcement submitted on behalf of | COSCO CORPORATION (S) LTD |
| Announcement is submitted with respect to * | COSCO CORPORATION (S) LTD |
| Announcement is submitted by * | Li Jian Xiong |
| Designation * | Alternate Director |
| Date & Time of Broadcast | 08-Aug-2008 18:01:02 |
| Announcement No. | 00108 |
| >> Announcement Details |
| The details of the announcement start here ... |
| >> PART I |
| 1. | Date of notice to issuer * | 08-08-2008 |
| 2. | Name of Director * | Wang Kai Yuen |
| 3. | Please tick one or more appropriate box(es): * |
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| >> PART II |
| 1. | Date of change of Interest | 07-08-2008 |
| 2. | Name of Registered Holder | Wang Kai Yuen |
| 3. | Circumstance(s) giving rise to the interest or change in interest | Open Market Purchase | |
| # Please specify details |
|
| 4. | Information relating to shares held in the name of the Registered Holder | ||||||||||||||
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