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SINGAPORE (Dow Jones)--Neptune Orient Lines Ltd. (N03.SG) Friday said that it wasn't planning to undertake a rights issue.
In a filing to the Singapore Exchange, the container shipping company said "in the course of its business, it continually evaluates all available options to improve its performance and strategic position."
Earlier this week, two people familiar with the situation told Dow Jones Newswires that NOL was considering a rights issue of more than US$250 million to boost its capital base.
really knn man.. many time i buy waited didnt go up.. sell liao immediate cheong.. wth
Offloaded 10 lots at 94 on contra, some kopi lui.
freeme ( Date: 11-Mar-2009 17:13) Posted:
i wish u good luck..
limkt009 ( Date: 11-Mar-2009 16:58) Posted:
Loaded 10 lots@87. Good luck.
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We can't use last time price to compare.... last time use to trade $8 level also ... maybe also will never ever again reach that level !
787180 ( Date: 12-Mar-2009 23:49) Posted:
See for yrself..NOL not bottom yet...
Osama lows 65c
Sars lows 58.5c
787180 ( Date: 12-Mar-2009 18:40) Posted:
Charte red and creative..if U bgt at the high..hold long term also can't recover...NOL may issue rights call..matter of time..now trying to dispel rumours after that may be true...weak financials justify rights..may do so aftyer ex-dividend....stocks held up as investors still want the $40 per lot..avoid...see JES and Casc |
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wow...close 88cts yester siah ! :D looks like got chance leh :D
See for yrself..NOL not bottom yet...
Osama lows 65c
Sars lows 58.5c
787180 ( Date: 12-Mar-2009 18:40) Posted:
Charte red and creative..if U bgt at the high..hold long term also can't recover...NOL may issue rights call..matter of time..now trying to dispel rumours after that may be true...weak financials justify rights..may do so aftyer ex-dividend....stocks held up as investors still want the $40 per lot..avoid...see JES and Casco
derricktan ( Date: 12-Mar-2009 16:50) Posted:
If you speculate, then be it long term or short term you will lose big time. If you have chartered and creative at high.(or even osim).i think you will see your grave first and remember it was the darling of so many long term investors....not to mention more more more...
Do your homeworks and be equipped with solid tools and rules for trading. |
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Good for you. Good for broker too. Good for SGX too.
freeme ( Date: 12-Mar-2009 19:11) Posted:
i offloaded this liao at no win no lose.
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i offloaded this liao at no win no lose.
Charte red and creative..if U bgt at the high..hold long term also can't recover...NOL may issue rights call..matter of time..now trying to dispel rumours after that may be true...weak financials justify rights..may do so aftyer ex-dividend....stocks held up as investors still want the $40 per lot..avoid...see JES and Casco
derricktan ( Date: 12-Mar-2009 16:50) Posted:
If you speculate, then be it long term or short term you will lose big time. If you have chartered and creative at high.(or even osim).i think you will see your grave first and remember it was the darling of so many long term investors....not to mention more more more...
Do your homeworks and be equipped with solid tools and rules for trading. |
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If one is serious about investing...
One must do it with charts and method... nothing less...
If not, everything one does has no system, no basis...
Okay, I 'll place buy order at Sgd. 0.48 then. Thank you for your valuable chart.
jackjames ( Date: 12-Mar-2009 16:31) Posted:
definitely not bottom yet, heee..
what about $0.56 ????? Cheongggggg arr!!!!
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If you speculate, then be it long term or short term you will lose big time. If you have chartered and creative at high.(or even osim).i think you will see your grave first and remember it was the darling of so many long term investors....not to mention more more more...
Do your homeworks and be equipped with solid tools and rules for trading.
Superb chart, JJ... at a relevant time too...
I am sure other forummers besides me will also much appreciate such long-termm charts for other counters too...
definitely not bottom yet, heee..
what about $0.56 ????? Cheongggggg arr!!!!
To be frank, which stock market player doesn't want to make money fast?
I am sure all will prefer this rather than wait years and years...
Speculation act does not make money! Unless you are investing for a decade period of time holding!
iPunter ( Date: 12-Mar-2009 10:12) Posted:
Many would have jumped in at the low hoping for a quick sharp rebound... But that did not happen... 
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It is down again 0.855 now.
nickyng ( Date: 11-Mar-2009 17:16) Posted:
wah close at 86.5cts !! wow..... ;D |
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SGX will investigate the issue... I'm believe that person at night can't sleep well....
AK_Francis ( Date: 12-Mar-2009 10:03) Posted:
If it is a leakage issue, someone had made tons of $ liao. D px alrdy been pressed down so low. If both SGX n NOL auth come up to clarify clearly, who dare to get involve.
On d other hand, if d Dir Bd agreed to go ahead to raise base capital, what plan are they going to table? Following Chartered, offer R n Cons later? I doubt it can work. Unlike Chartered, it still hv strong backing, bao chiat ones. Even d later, seems like not many investors keen to take d offer, eventually TM will absorb 99.99% of d offer loh.
BTW, d auth had sounded their concern on d lately R issue saga, d auth may probe in n investigate. Action will be taken against mulpractices.
Above are AK view only, no alarm for anything. Cheers. |
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It will take time for the Authority to sort the mass. One might not have the time and patience to wait.
AK_Francis ( Date: 12-Mar-2009 10:20) Posted:
Wise saying, "once d water subsided, u will see d emerging rocks liao", hence if invested, though not at d right time, u will hv your day once all d mass got sorted out, by auth or internal affair. Cheers. |
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Wise saying, "once d water subsided, u will see d emerging rocks liao", hence if invested, though not at d right time, u will hv your day once all d mass got sorted out, by auth or internal affair. Cheers.