Neptune Orient L Rg   

NOL

Oh no, another paper loss counter. I sold partly today.

Fairygal      ( Date: 31-Jul-2008 12:17) Posted: Never learn from history?  Got seller, got buyer. Puzzles me.

 

Never learn from history?  Got seller, got buyer. Puzzles me.

 

Any acquisition is good .. provided the acquisition does help in growth ...

Othewise.. it will be pain to the shareholders ...

Ex.

Osim  bought Brookstone and now ... price plunged..

NOL bought APL price plunged .... and takes 5 years to recover ..

Now buying Hapaq-Lloyd    ... what can one expects...

 

ANALyst again...

0047 GMT [Dow Jones] STOCK CALL: Lehman Brothers cuts target price for

Neptune Orient Lines (N03.SG) to S$2.60 from S$3.07 after lowering

2008-2009 earnings forecasts by 26%-49% to reflect sharp rise in bunker

fuel, worse-than-expected slowdown in global economy. Expects freight rates

to decline on waning demand; "weak demand for Asia-U.S. routes is not new

news, but demand for Asia-Europe routes is slowing. We think this could act

as the next negative catalyst." Adds ongoing concerns over potential

Hapaq-Lloyd acquisition will weigh on share price in near term. Keeps

Equalweight call. Stock closed flat at S$2.98 yesterday. (FKH)

 

 

Contact us in Singapore . 65 64154 150;

MarketTalk@dowjones .com

 

 

(END) Dow Jones Newswires

 

July 30, 2008 20:48 ET (00:48 GMT)

 

Copyright (c) 2008 Dow Jones & Company, Inc.

 

any bad news for NOL ？

Why keep dropping ？

 

another competitor bid, so deal might not pull thru

xingglobal      ( Date: 25-Jul-2008 23:04) Posted: Just to recap ... when NOL acquired APL ... its price dropped drastically.... Now, buying HPL ... and wonder what will happen .....with the outlook not so bright and stormy ...... will history repeat itself again??? jasonongsc      ( Date: 24-Jul-2008 21:59) Posted: up up :) good sign if it breaks above $3.34

 

Just to recap ... when NOL acquired APL ... its price dropped drastically....

Now, buying HPL ... and wonder what will happen .....with the outlook not so bright and stormy ......

will history repeat itself again???

jasonongsc      ( Date: 24-Jul-2008 21:59) Posted: up up :) good sign if it breaks above $3.34

 

up up :) good sign if it breaks above $3.34

 

Avoid if it breaks below 3.13.

 

 

I think it is not a good news.....déjà vu .....

 

Better wait for rest first...

 

TA looks good! MA crossing soon.
Looks like buy signal from TA pt of view. My opinion only.

 

NOL today announced that it has submitted an indicative non-binding bid for Hapag-Lloyd.

The proposal involve integrating APL to form the world's 3rd largest shipping lines.

 

 

 

21 July 2008
NOL’s container shipping operating performance for the 4 weeks (Period 6) from 31 May 2008 to 27 June 2008 are as follows:
Period 6, 2008

For the four weeks of P6, 2008, container shipping volumes increased 8% over the same period last year mainly due to higher volume from the Asia-Europe and Intra-Asia trade lanes. Average revenue per FEU (Forty-foot Equivalent Unit) increased 13% due to higher BAF (Bunker Adjustment Factor) collections and higher backhaul freight rates on major trade lanes.


P6 YTD, 2008 container shipping volumes increased 13% while average revenue per FEU showed a 15% improvement over P6 YTD, 2007.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B9C851D4C4ABDEFE4825748D0030018C/$file/NOL_Operating_Performance_for_P6_2008.pdf?openelement

 

I have been regularly seeing rating of SELL by Citibank recently.  Again in the Straits Times today.

Just thinking  ????? !

 

Hi HLJHLJ,

 Thanks for your sharing,  

HLJHLJ      ( Date: 13-Jul-2008 23:25) Posted: For me, i'll wait. Citigroup as posted by ZugeLiang calls sell. TA not very good yet. US bank failing etc. I'll stay sideline for a while. Shipping co is very dependent on economy.

 

For me, i'll wait. Citigroup as posted by ZugeLiang calls sell. TA not very good yet. US bank failing etc. I'll stay sideline for a while. Shipping co is very dependent on economy.

 

NOL is one of the Blue Chip that i'm eyeing recently, Share with me the Best entering price, Pls!!!

 

14-7day MA not crossover yet. Can wait.

 

Citigroup, which has Sell call with $2.70 target, says NOL still faces more downside despite recent sharp fall; warns "investors from thinking that NOL has hit a trough valuation level. Negative industry news is just starting to materialize, and we believe NOL faces challenging times ahead." Notes overcapacity, weak pricing power becoming more pronounced in shipping sector. On reports about NOL looking to buy Hapag-Lloyd, Citi says company may end up overpaying; "if container ship prices fall during a tough global downturn, buying them at lower prices is likely to trump potential synergies from assets purchased at much higher prices today."