
waisen good to contra man.
Just for info
-- 2300 GMT [Dow Jones] Cosco Corp.'s (F83.SG) 1Q net profit, revenue
tipped up nearly three-fold, mainly due to higher gains from deliveries
of past shipbuilding and repair contracts, low base of last year,
according to Dow Jones poll of 5 analysts; poll tips Cosco 1Q net profit
at S$117 million vs
S$42 million last year, revenue at S$1 billion vs S$356 million
year-earlier.
However, analysts say recent news of order cancellation, rising costs of
steel, labor likely to weigh on company's results going forward. "Cosco
will probably have to clarify on the cancellation of contracts and also
on input costs which have been rising," says Praveen Choudhary of Morgan
Stanley. Results due after market hours.
tmr holiday...no trading also!
think its after trading hrs
any idea wat time is the results coming out??
anybody know what time the results are released?
Hello, night bird, you still awake around 3, watching DJ ah??
my sincere advise is to wait for the release of result.
true test for the support after this, i think
the catalyst to break the support will be disappointment of result, i think
if din break, then hosay to load in man!
Cosco fell as investors sold ahead of its first-quarter earnings, dealers said.
"Investors could be shortselling in anticipation of lacklustre results," a dealer said.
Cosco will announce its first-quarter results on Apr 30.
Fellow shipbuilder Yangzijiang fell despite first-quarter net profit more than doubling compared to the same period a year ago.
"Yangzijiang's results revealed strains from higher steel prices and I believe this will affect the margins of Cosco as well," said a dealer.
Top rig builder Keppel fell a day before its first-quarter results were announced last week and they have fallen about 12% since it posted a smaller-than-expected 4% rise in quarterly profit.
my friends fm offshore banks.
just sharing my thoughts
Farmer ( Date: 29-Apr-2008 21:52) Posted:
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AK gut felling, 2.70 is the bottom. View only
Hi, yes u will be right in time to come, but $4 now is impossible ;)
yongliang168 ( Date: 29-Apr-2008 20:53) Posted:
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How do you arrive at $4ps? Where do you get the data from, pls share. I though its NAV is only ~ 45cts?
yongliang168 ( Date: 29-Apr-2008 20:53) Posted:
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Now no point talking about fundamentals. It's better to concentrate more on current market sentiments.
The Fed is widely expected to lower its key interest rate by one-quarter percentage point to 2 percent at the end of its session Wednesday.
Cosco corp fundamentals are good. IT IS worth more than $4 p/s
Any thoughts fm others?
Not nec!!! Study first, the catch may not be that simple, low to buy ah. Enjoy you weekends best leow. Cheers. Time for beer party leow, msg sounded loh.
Time to load up when price falls to $3 and below.
Most probably tomorrow this counter will drops below $3 or worse another 30cents. Do anyone agree?
triangle wedge support at 2.85
break this then all hell break loose!
COME COME!!!
