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2201-2220 of 3100
21.45 DJ was 32.48 in green. Will it rally till Labour Day nite so that this burger will cheong? If both days DJ good, not much also loh, people still panic leh.
I guess open will be at 3.35 to 3.45
So good news already out. Let see this coming friday, how high Cosco will shoot up.
So far there is no adversed news for it to drop further, beside STI.
2.85?
u must be dreaming
oops... missed target.
NOW the real test is on friday, testing 2.85 liao!
paisae* third posting consecutively already..i jux went to another forum and saw them saying Cosco missed analysts forecasts and the management say they will be conservative in their 2008 outlook...there were mixed reviews...anyone have other views or know where to see the report tt say Cosco missed analysts forecasts?
vested
saw this on Business Times:
Sentiments
have been gyrating lately. Investors expect an improvement
quarter-on-quarter but are still worried about high steel costs,' a
dealer said...
but steel costs will ease right...?tt's wad i heard from Business Times too tt it will ease end of 2008.. hope this won't affect its future profits too much as it co-relates into cost factor
hmmm...TalkingTigress...wad u said is also quite true..no surprises from this company...near term and from the past looks good...but looking forward future wise...not too sure when Citi analysts bring them down to sell
SINGAPORE, April 30 (Reuters) - Shipbuilding and repair
firm Cosco Corp (Singapore) (COSC.SI: Quote, Profile, Research), controlled by China's
biggest shipping company, said on Wednesday its quarterly
profit doubled due to higher sales.
Singapore-listed Cosco, majority-owned by China Ocean
Shipping (Group) Co, said net profit for the three months to
end-March rose to S$83.9 million ($61.8 million) from S$41.9
million a year ago.
Cosco shares slumped 15 percent close to a one-year low a
day after the firm said on April 9 that it was cancelling a
$202 million rigbuilding project for Norway's Red Flag AS after
the customer failed to pay a deposit.
Citi analysts downgraded Cosco to "sell" this month and
slashed their target price, citing risks of more contract
cancellations due to a global economic slowdown, spiraling
steel prices, and a potential oversupply of bulk carriers.
(Reporting by Daryl Loo and Tan Wei Xin)
TalkingTigress ( Date: 30-Apr-2008 17:53) Posted:
| Quite solid report for the first quarter... having no suprise for this company, it shod have promising near term |
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Quite solid report for the first quarter... having no suprise for this company, it shod have promising near term
Are u referring to its Target Price or NAV for mentioning of $4 p/s worth? Just curious to know.
yongliang168 ( Date: 29-Apr-2008 23:36) Posted:
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my friends fm offshore banks.
just sharing my thoughts
Farmer ( Date: 29-Apr-2008 21:52) Posted:
| How do you arrive at $4ps? Where do you get the data from, pls share. I though its NAV is only ~ 45cts?
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Already in sgx. Looks good. Hopefully will translate into share price.
wad time is it releasing its results eh
those who dont believe in cosco will know the truth after its q1 results. potentially a abve 4 stoock
how come last half hour down...shld b up isn't it?
April 30, 2008, 12.09 pm (Singapore time)
Cosco rebounds ahead of Q1 results
SINGAPORE - Shares of Cosco Corp (Singapore)
rebounded after strong profits posted by its Hong Kong-listed sister
firm Cosco Pacific raised investors' optimism, dealers said.
The
Chinese shipbuilding and repair firm, which will report its
first-quarter earnings later on Wednesday, rose as much as 5.2 per cent
to cancel out losses from the previous day.
Its shares hit an intraday high of $3.24 with over 15 million shares traded.
'Sentiments
have been gyrating lately. Investors expect an improvement
quarter-on-quarter but are still worried about high steel costs,' a
dealer said.
Cosco Pacific, a container leasing firm also
controlled by Cosco (Singapore)'s parent China Ocean Shipping (Group)
Co, said on Tuesday its first-quarter net profit rose 15.6 per cent.
Global steel prices have seen new highs this year but are poised to ease towards the end of 2008, analysts said. -- REUTERS
Cheong loe
was waiting yest for it drop to close 3 and acumulate a few more
now cannot liao but i still contented with my small vestment in this.. :)
hullo.. net profit shiok shiok..these funds just becoz of some stopid cancellation start causing panick for this stock..
what idiots..!!
but i like cos i get it @ cheap price..haha..accumulate la.. this one confirm go up...<$3 the best.. play the game with the BBs
