Neptune Orient L Rg   

NOL

THE world's largest container ship, the Maersk Mc-Kinney Moller(18000 TEUs)  sailed into town on Friday on its maiden call at the Singapore port.

The first of the series Triple-E vessels, the Maersk Line ship discharged 3,500 TEUs (Twenty-foot Equivalent Units) as it made its first port of call in Asia on the way back from Europe.

 

STI green green most shipping stock up - this one down :)

 

Temasek belongs to Singaporean. OCBC belong to Lee Rubber Foundation - Kuala Lumpur.

NOL belong to Singapore - So sure go high lah! World Class leh.

Loose 1 billion but making money sure 5 billion lah! Not enough sea lane put ERP lah! and Buy Ship need COE ha ha ha

sgng123      ( Date: 27-Sep-2013 14:39) Posted: it obvious temasek is Singapore government owned with the cpf money as backing, ocbc is private owned with connection to elite government leader.   shadowmoon      ( Date: 26-Sep-2013 23:02) Posted: Ha ....Ah Gong Temasek big or ocbc??

 

it obvious temasek is Singapore government owned with the cpf money as backing, ocbc is private owned with connection to elite government leader.

 

shadowmoon      ( Date: 26-Sep-2013 23:02) Posted: Ha ....Ah Gong Temasek big or ocbc??? Rosesyrup      ( Date: 26-Sep-2013 22:36) Posted: Wah OCBC maintains sell @95cents?  How come NOL still staying above $1 leh? You mean OCBC not abiding by their own TP?

 

last time t bought @3

 

Temasek is operating a bank too? New business?

shadowmoon      ( Date: 26-Sep-2013 23:02) Posted: Ha ....Ah Gong Temasek big or ocbc??? Rosesyrup      ( Date: 26-Sep-2013 22:36) Posted: Wah OCBC maintains sell @95cents?  How come NOL still staying above $1 leh? You mean OCBC not abiding by their own TP?

 

Ha ....Ah Gong Temasek big or ocbc???

Rosesyrup      ( Date: 26-Sep-2013 22:36) Posted: Wah OCBC maintains sell @95cents?  How come NOL still staying above $1 leh? You mean OCBC not abiding by their own TP?

 

1.12 is the current support.

 

Wah OCBC maintains sell @95cents?  How come NOL still staying above $1 leh? You mean OCBC not abiding by their own TP? 

 

brokerage call is always self servicing, might had a big hedge position to cover but no investors want to let go. so had to make sell call on ship to create fear among investors, they had used it many many times but as always no one listen lol. With BDI surging for like nearly 1 month, currently at 2127 everyday going up by 50+. Demand is indeed coming back just need to wait out a few more months then freight rate for container would recover like it counterpart BDI. Had patience and u win. With actual forward economy data telling us economy recovering is on the way who would sell ship lol.

 

hmm..sell call by the elite? ,)

 

nol rebounds may have some legs

Peter_Pan      ( Date: 14-Sep-2013 15:14) Posted: nol good trading counter can make many rounds of profits sgng123      ( Date: 12-Sep-2013 21:23) Posted: 1.20 is the hardest resistance level, just look at past 4 days ship meet with strong resistance at every 3rd-4th bid while other shipping counters breeze through . 4 days all green, tomorrow if can hold onto gain then next week might see 1.20 breached. when 1.20 is breached going to be smooth sailing for ship till the next big resistance at 1.50.

 

OCBC maintains Sell with $0.95 TP. House note that despite industry wide efforts to push through general rate hikes, freight rates according to the Shanghai Containerised Freight Index show continued softening in Sep instead. With the traditional 3Q peak season weaker than expected and drawing to a close, likely to see freight rates subsequently head lower in 4Q13 as demand typically drops off, further affecting the ability of liners to force through rate hikes for the remainder of the year. House forecasting a much smaller core operating profit for NOL in 3Q13 and another loss-making 4Q13 to end a disappointing 2013. In light of the weaker outlook for 2H13 and beyond, maintain SELL on NOL with an unchanged fair value of S$0.95. The lack of any near-term catalyst compels house to keep P/B peg at 0.9x.

 

yah ...when this guy swing....better stand far away

 

sgng123      ( Date: 25-Sep-2013 10:05) Posted: BDI break 2000+ level earlier than most analysts estimated at end of year. In 2010 when world economy recover, BDI reached 4400+ with the peak at 2007 11000+. Let see how the index performed in Oct, might prompt me to trade. By the way OCBC put on a negative outlook on NOL 3Q based on weaken rate on Sep only another scare tactic by big shortists due to insufficient shares on market to cover their hedge position.

 

BDI break 2000+ level earlier than most analysts estimated at end of year. In 2010 when world economy recover, BDI reached 4400+ with the peak at 2007 11000+. Let see how the index performed in Oct, might prompt me to trade. By the way OCBC put on a negative outlook on NOL 3Q based on weaken rate on Sep only another scare tactic by big shortists due to insufficient shares on market to cover their hedge position.

 

nol sailing the four seas

 

BDI continue it rally and global PMI rebounding only thing that is screwing market sentiment is the US budget/debt ceiling issue. Once it is over prepare for the shipping counters rally feast.

 

BDI at 1900 only like 100shy of 2000 land mark. BDI had been rallying at the start of Sep strongly almost doubling, this is good for trading sentiment for shipping counter since BDI is index for shipping cost for raw material intended for finished good. Demand might strengthen into normal weak 4Q quarter due to pent up order as a result of tapering fear.

 

Shipping counters is at recession level price zone but Fed QE is artificially holding up STI, STI should be around 2000 if not for QE. Weak Global demand and stock market at record high is dangerous for any traders. It can go both extreme end resulting in either a very strong rebound in shipping counters due to better economy in 2014 or market would follow a 1987 Black Friday crash. Hand off ship till share price recover to proper valuation since we  punters don care about share price what matter is trading volume and trend. 

daddyo      ( Date: 19-Sep-2013 20:45) Posted: This is a cyclical stock. Buying now is certainly not buying at the top of the cycle. The stock appears to be building a base for quite some time now. See if can close above 1.175 on high volume tomorrow.

 

This is a cyclical stock. Buying now is certainly not buying at the top of the cycle. The stock appears to be building a base for quite some time now. See if can close above 1.175 on high volume tomorrow.