
There are alot of good book especially, "William J.O'Neil". He alway stress!!!!
-1st rule is to "PROTECT YOU CAPITAL"
-2nd rule is "MUST NOT FORGET 1ST RULE"
Can't remember which year my broker sent email to me about this cosco, I also kena whack, tried 1 lot@ $5.60, within 1 week I loss $500, soon i saw it goes down to $3.80. I considered myself very 'heng' to cut loss.
From that time onward, I never trust broker recommendation, if no time to see chart I rather miss it than listen to someone calls to buy something. cheers.
I get to know him last year only..... if i know him in 2007 , i will advise him to sell if drop more than 5%....
Investor no cut loss... they buy and keep for years...
Aiyo, why never set cut loss price? like holding fire.
No problem to hold an investment as long as he can pay.... $8 can be seen again once the real bull come.. If China fail, Singapore will be out for sure....

wow!!! $8 still holding the fire.....must be a very painful burnt...........
Hope that it will go up to $8 dollar and he will break even......
And I'll be HUAT AH!!!!!!....
He hard to believe that the share price will reach the level like today..... btw he thought it is a blue chip at that time.... he still hold 20 lots at that sky price !!
rickyw ( Date: 23-Jul-2010 14:09) Posted:
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really? why not cut loss?? sigh...cannot imagine..
des_khor ( Date: 23-Jul-2010 14:07) Posted:
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Who buy and sell this mornig ?? Is it possible will go up like last time $8 level again ?? my friend kenal burn until the nail also gone because he bought at 7.88 !!
I have realised CIMB always immediately comment negatively everytime when Cosco got new contract or price moved up. Not sure whether is it they have shorted.... lol...

S$1.24 ? ? ? ?
WAIT & SEE
tanweechong ( Date: 23-Jul-2010 10:24) Posted:
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Basing below info, is the drillship already build ? Delivery set for 3Q 2012 very very fast? The stock already increased very high before
"SINGAPORE – COSCO Dalian Shipyard Co Ltd. has secured a $500-million turn-key contract from Dalian Deepwater Development Ltd. to engineer, procure, and construct a DP-3 deepwater drillship. Delivery is set for 3Q 2012.
The vessel, with a hull 291 m (955 ft) by 50 m (164 ft), will be designed to drill in 10,000 ft (3,050 m) water depth to more than 30,000 ft (9,150 m) drilling depth. COSCO says the vessel will have the largest deck-load capacity, deck space, and cargo storage of any drillship.
The hull and some of the equipment was part of an FPDSO for MPF Corp. Ltd. that COSCO acquired when the company filed bankruptcy. "
Be strong... Believe in what you need to believe... Ignore those noise... If go against, let stop loss do the job...

Underperform call with S$1.24 target.....they dun like this counter is it?????confuse
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0137 GMT [Dow Jones] Cosco (F83.SG) +1.9% at 2-month high of S$1.64 in active trade as investors cheer mega drillship order worth over US$500 million. "While most of the world is still adopting a wait-and-see attitude with regard to deep-sea oil and gas exploration and production activities, some parties remain optimistic and bullish on the long-term health of this industry," says DMG, which has no rating on Cosco. CIMB, which has Underperform call with S$1.24 target, remains cautious; "we are positive on Cosco's efforts to strengthen its turnkey capabilities but remain sceptical on its execution given the difficulties it had faced in shipbuilding, which is less complicated than rig/drillship building." Contract marks Cosco's second major offshore & marine project this year, following rig order worth over US$500 million announced in March. Resistance expected at S$1.70. (frankie.ho@dowjones.com) Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=IjfeOmUhzn0qjyHDTtZjWA%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires July 22, 2010 21:37 ET (01:37 GMT) Copyright (c) 2010 Dow Jones & Company, Inc. |
I only listen to my feeling.... I need to trust it...buy...

Ha ha, ds burger yes up 10cts, ds morning rushed till 1.67 n now down back to 1.62. Those dumpped ds morning, laughing to the bank liao.
By end of the day, if still remain at yes px,1.61, heng liao. Its adek, Yangzijiang doing quite fine as well, listen to sifu,no throw yet.
Got appt, leaving desk loh. Cheers.
My feeling tell me to continue to buy......

TP upgraded from $1.65 to $2.10cents!!!!!
There is always some hidden agenda from analyst....
