
will this news directly affect tis counter?
China Cosco, CSCL Both Down; Sector To Slow In 1Q...Cosco Down10%...
Detials please check my blog at http://www.freewebs.com/henryhts
Yes..dun expect any big jump today...everyone eyes are on Fed Rate Cut and overall market sentiment..
There are unknown risk factors surfacing anytime soon... and Tomorrow US will announce the FED rates. Don't know the outcome yet. For me, I will stay clear... till I see a clearer sky ahead then I invest. :-) Hope it is not too late...? Nobody know. :-p
feel like goin in at 6.55... haiz.. any "Gao Ren" can "Zhi Dian"
Vested..
wondering Y tis counter keep headin south.. can run back to abv 7 or not??
I've taken my $$ off the table already. Dun have good feeling now that it will head upward. Nikkei coming down from morning surge, DOW Futures in red, may see selldown in the afternoon...watch out.
Bullish signals with Acc/Dist and Chaikin going upwards
China shares back in favour. Cosco trading at $6.80 to $6.85 range now.
Yes, this baby up and down alot. But also make it a great counter for taking cash.... It too volatile to hold for long to my liking.
Anyway, bought at the low and sold at Friday high, meet my target earning...
Will come back to these counter again.
just hold onto this baby lah. it's rebounding. low of 5.9. likely to hit previous high of 8.1. if not by fed cut date, then in jan.
note that cosco daily movement has always been volatile (ie, large range). so a 65c movement is nothing much out of the ordinary.
vested. caveat emptor.
STX PO + $0.24 (+8.28%). COSCO +$0.65 (+10.08%).....How significant you want for a ONE DAY trade?
wondering why not much movement for stx compared to cosco if it is entering contract with cosco?... appreciate someone enlightens.. thanks.. good day everyone... :)
Thanks for the info....
Great come back from this counter. A total come back of $1.3 from low of $5.8 since last week...
No. Not because of STX.
Credit Suisse has initiated its coverage of Cosco with an "outperform" rating and a target price of $7.90, citing the Chinese shipbuilding firm's robust growth outlook.
"We expect the company's net order book to expand to $12.5 billion in '08 from $9.5 billion in '07," said Credit Suisse analyst Haider Ali.
I think the surge is concerning this.....STX Pan Ocean Co., Ltd. (?the Company?) wishes to announce that the Company has on 29 November 2007 entered into a shipbuilding contract with COSCO(Zhoushan) Shipyard Co. Ltd., China, in respect of the construction of four (4) Supramax sized bulk carriers at a price of around US$40 million per unit to be delivered in the first half of 2010. The shipbuilding contract is subject to the approval of the Board of Directors in the forthcoming Board of Directors? Meeting.
WOW.... $0.65 in one day.
Saw at last minutes big surge of volumes buying? Anyone got detail info....
Anyone has any idea how far cosco will drop? Will it drop till $2?
i dun pin high hope on this for s/t trading. too much speculative trading. think is only good for long term investment as it's quite a stable company
Is there a bullish sign? Price going lower low and acc/dist getting higher low...