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COSCO SHP SG    Last:0.129    +0.003

CoscoCorp

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freeme
    11-Apr-2008 10:03  
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Bro, hold la.. go take a look at the price now.. up up up liao. so far no bb dumping, onli buying up.. latest big buy 900lots buy up at 2.95.

Dun wori.. hehe!



Ping009      ( Date: 11-Apr-2008 10:00) Posted:



Advice needed. Bought 5 lots of this counter at $2.99. yesterday. Should i cut loss now or hold for a while longer?

Downward trend for this counter??? 

 
 
freeme
    11-Apr-2008 10:00  
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Seem no many investor follow on their report.. hahaa..

I kana from the once on olam, then panic sell when the market over-reacted. Then next day up liao..

Synear also got some siao kia report downgrade them 3.5cts onli, then after like awhile the shoot up.. 

So report just read read la..



jackjames      ( Date: 11-Apr-2008 09:53) Posted:



waaaa... target price 2.70, sure boh..... so cheap ar..

just because 1 order cancelation can drop the target price from 4.50 to 2.70.. ???? interesting man..

 
 
Ping009
    11-Apr-2008 10:00  
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Advice needed. Bought 5 lots of this counter at $2.99. yesterday. Should i cut loss now or hold for a while longer?

Downward trend for this counter??? 
 

 
edwinders
    11-Apr-2008 09:58  
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Serious thinking, downgrading such a huge company with such an order book is ridiculous. Cosco got more potential for growth with regards to so much discipline which the company is involved in. From what i have seen through working in different parts of China and different yards, Cosco has one of the most organized shipyard in China. Cheers to all
 
 
jackjames
    11-Apr-2008 09:53  
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waaaa... target price 2.70, sure boh..... so cheap ar..

just because 1 order cancelation can drop the target price from 4.50 to 2.70.. ???? interesting man..
 
 
e-bird
    11-Apr-2008 09:51  
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haha.. we don't normally but was just wondering if that means citi might do big selling again.. but looking at the counter today.. seems not bad..

nickyng      ( Date: 11-Apr-2008 09:36) Posted:

hey! since when do we go a hoot abt analyst report?? some more from craps like CITIBANK where SWFs have to "donate" funds to "bail" them....haha...that is really a joke...anyway...just play small no harm...hee...feel like SHORTING CITYDEV today..hee...

cheers ! :D



e-bird      ( Date: 11-Apr-2008 08:15) Posted:



in BT today:
Updated 7.43 am
SINGAPORE - Citi has downgraded Singapore-listed Cosco Corp to 'sell' from buy' and cut its share target price to $2.70 (US$1.96) from $4.50, citing margin contraction and slowing order book momentum


 Are people going to continue selling again today as well? I hope not!


 

 
freeme
    11-Apr-2008 09:46  
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Today dun seems like a gd day to short ba. DJI up, HSI up STi also up..

Cosco also up.. hehehe

so far not many bb action yet..
 
 
nickyng
    11-Apr-2008 09:36  
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hey! since when do we go a hoot abt analyst report?? some more from craps like CITIBANK where SWFs have to "donate" funds to "bail" them....haha...that is really a joke...anyway...just play small no harm...hee...feel like SHORTING CITYDEV today..hee...

cheers ! :D



e-bird      ( Date: 11-Apr-2008 08:15) Posted:



in BT today:
Updated 7.43 am
SINGAPORE - Citi has downgraded Singapore-listed Cosco Corp to 'sell' from buy' and cut its share target price to $2.70 (US$1.96) from $4.50, citing margin contraction and slowing order book momentum


 Are people going to continue selling again today as well? I hope not!

 
 
ozone2002
    11-Apr-2008 09:07  
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buy more no scared!
 
 
freeme
    11-Apr-2008 08:59  
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Open up 2cts.. lets see how it goes today ;)

 
 

 
cyjjerry85
    11-Apr-2008 08:59  
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yesterday's sell down was massive and it was a 'show' that many people watch...and looking at the volumes...think some of us also got involved...hahah` let's see how it goes today...

hmmm...technical charts wise..it definitely look like a downtrending stock and very near its recent low after yesterday's gap down..MACD crossover looks imminent  
 
 
freeme
    11-Apr-2008 08:57  
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Yup.. u see olam u will know liao.. they are out there to make money themselve also.. but such they are ppl who believe n panic selling once they see their report. if ever they hit 2.7, then i think load up more bec im very sure it will go up, maybe not as high as before but at least also over $3.

ygc91285      ( Date: 11-Apr-2008 08:52) Posted:



Some of the analyst try to instill fear among the investor and then they will buy in large sum at low price...

then next few weeks they will probably say somethig like price correction overdone and improvement in the industry bla bla bla....then the TP will be raised again...same old trick.

Use your own judgement while investing.....

 

 

 
 
ygc91285
    11-Apr-2008 08:52  
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Some of the analyst try to instill fear among the investor and then they will buy in large sum at low price...

then next few weeks they will probably say somethig like price correction overdone and improvement in the industry bla bla bla....then the TP will be raised again...same old trick.

Use your own judgement while investing.....

 

 
 
 
cyjjerry85
    11-Apr-2008 08:20  
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this news is quite jialat....from buy downgrade to sell...and the target price is rather low man...
 
 
e-bird
    11-Apr-2008 08:15  
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in BT today:
Updated 7.43 am
SINGAPORE - Citi has downgraded Singapore-listed Cosco Corp to 'sell' from buy' and cut its share target price to $2.70 (US$1.96) from $4.50, citing margin contraction and slowing order book momentum


 Are people going to continue selling again today as well? I hope not!
 

 
CWQuah
    11-Apr-2008 01:58  
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Well... I guess the company will weigh whether it is more profitable to earn money from writing glowing reports for a listed company, or to actually trade the stock of the company. Make a guess hehe.

I believe in price action, follow where the smart money actually goes. So I might be biased against using analyst reports for trading because of my inclination towards TA.

 

 

 
 
 
hotstock
    11-Apr-2008 01:30  
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Can anyone show me some examples that after analyst visit, they issued bad reports on the company. I think it is not likely first they are paid to go, they are paid for everything, and since it is prearranged, it cant be that bad right?

That's my opinion. u can deviate 
 
 
AK_Francis
    11-Apr-2008 01:14  
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Market nowadays is really unpredictable, even with good trading atmosphere, you may not make money out from the stock market. Markets are so vulnerable, scare leow. But with more homework done, you  still can make your way through the buoyant market. Good luck leow. Cheers. AK.
 
 
CWQuah
    11-Apr-2008 00:44  
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I am doubtful it will drop much more. The techs already hint at a buy.
 
 
Naproxen
    11-Apr-2008 00:09  
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Oh louis, you are scaring me !!!!
 
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