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COSCO SHP SG
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CoscoCorp
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AK_Francis
Supreme |
30-Apr-2008 21:51
Yells: "Happy go lucky, cheers." |
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21.45 DJ was 32.48 in green. Will it rally till Labour Day nite so that this burger will cheong? If both days DJ good, not much also loh, people still panic leh. | ||||||||||||||||
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yongliang168
Member |
30-Apr-2008 21:47
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I guess open will be at 3.35 to 3.45 | ||||||||||||||||
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ljkeong
Senior |
30-Apr-2008 21:29
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So good news already out. Let see this coming friday, how high Cosco will shoot up. |
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AK_Francis
Supreme |
30-Apr-2008 21:21
Yells: "Happy go lucky, cheers." |
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So far there is no adversed news for it to drop further, beside STI. | ||||||||||||||||
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yongliang168
Member |
30-Apr-2008 21:08
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Turnover and net profit doubled http://cosco.listedcompany.com/newsroom/20080430_171149_F83_71DC24CBF550A5AB4825743B002789E8.1.pdf |
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yongliang168
Member |
30-Apr-2008 21:00
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2.85? u must be dreaming |
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lucky168
Veteran |
30-Apr-2008 19:41
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oops... missed target. NOW the real test is on friday, testing 2.85 liao! |
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cyjjerry85
Elite |
30-Apr-2008 18:24
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paisae* third posting consecutively already..i jux went to another forum and saw them saying Cosco missed analysts forecasts and the management say they will be conservative in their 2008 outlook...there were mixed reviews...anyone have other views or know where to see the report tt say Cosco missed analysts forecasts? vested |
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cyjjerry85
Elite |
30-Apr-2008 18:15
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saw this on Business Times: Sentiments have been gyrating lately. Investors expect an improvement quarter-on-quarter but are still worried about high steel costs,' a dealer said... but steel costs will ease right...?tt's wad i heard from Business Times too tt it will ease end of 2008.. hope this won't affect its future profits too much as it co-relates into cost factor |
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cyjjerry85
Elite |
30-Apr-2008 18:09
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hmmm...TalkingTigress...wad u said is also quite true..no surprises from this company...near term and from the past looks good...but looking forward future wise...not too sure when Citi analysts bring them down to sell SINGAPORE, April 30 (Reuters) - Shipbuilding and repair firm Cosco Corp (Singapore) (COSC.SI: Quote, Profile, Research), controlled by China's biggest shipping company, said on Wednesday its quarterly profit doubled due to higher sales. Singapore-listed Cosco, majority-owned by China Ocean Shipping (Group) Co, said net profit for the three months to end-March rose to S$83.9 million ($61.8 million) from S$41.9 million a year ago. Cosco shares slumped 15 percent close to a one-year low a day after the firm said on April 9 that it was cancelling a $202 million rigbuilding project for Norway's Red Flag AS after the customer failed to pay a deposit. Citi analysts downgraded Cosco to "sell" this month and slashed their target price, citing risks of more contract cancellations due to a global economic slowdown, spiraling steel prices, and a potential oversupply of bulk carriers. (Reporting by Daryl Loo and Tan Wei Xin)
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TalkingTigress
Member |
30-Apr-2008 17:53
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Quite solid report for the first quarter... having no suprise for this company, it shod have promising near term | ||||||||||||||||
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Farmer
Master |
30-Apr-2008 17:44
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Are u referring to its Target Price or NAV for mentioning of $4 p/s worth? Just curious to know.
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KenKen88
Member |
30-Apr-2008 17:32
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Already in sgx. Looks good. Hopefully will translate into share price. | ||||||||||||||||
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cyjjerry85
Elite |
30-Apr-2008 17:26
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wad time is it releasing its results eh | ||||||||||||||||
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L.....
Veteran |
30-Apr-2008 17:16
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those who dont believe in cosco will know the truth after its q1 results. potentially a abve 4 stoock |
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cyjjerry85
Elite |
30-Apr-2008 16:37
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how come last half hour down...shld b up isn't it?
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viruz7667
Senior |
30-Apr-2008 13:35
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April 30, 2008, 12.09 pm (Singapore time)  Cosco rebounds ahead of Q1 results
SINGAPORE - Shares of Cosco Corp (Singapore) rebounded after strong profits posted by its Hong Kong-listed sister firm Cosco Pacific raised investors' optimism, dealers said. The Chinese shipbuilding and repair firm, which will report its first-quarter earnings later on Wednesday, rose as much as 5.2 per cent to cancel out losses from the previous day. Its shares hit an intraday high of $3.24 with over 15 million shares traded. 'Sentiments have been gyrating lately. Investors expect an improvement quarter-on-quarter but are still worried about high steel costs,' a dealer said. Cosco Pacific, a container leasing firm also controlled by Cosco (Singapore)'s parent China Ocean Shipping (Group) Co, said on Tuesday its first-quarter net profit rose 15.6 per cent. Global steel prices have seen new highs this year but are poised to ease towards the end of 2008, analysts said. -- REUTERS |
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TalkingTigress
Member |
30-Apr-2008 11:13
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Cheong loe | ||||||||||||||||
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L.....
Veteran |
30-Apr-2008 10:57
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was waiting yest for it drop to close 3 and acumulate a few more now cannot liao but i still contented with my small vestment in this.. :) |
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ozone2002
Supreme |
30-Apr-2008 10:05
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hullo.. net profit shiok shiok..these funds just becoz of some stopid cancellation start causing panick for this stock.. what idiots..!! but i like cos i get it @ cheap price..haha..accumulate la.. this one confirm go up...<$3 the best.. play the game with the BBs |
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