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COSCO SHP SG
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CoscoCorp
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Hawkeye
Veteran |
08-Jun-2011 23:07
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Cosco exec warns on slowing China ore imports![]() London: A senior executive with China COSCO Holdings Co Ltd has warned on slowing iron ore imports to China. Simon Young, chief executive of COSCO UK, a unit of China's top shipping conglomerate, said China's iron ore imports dropped last year for the first time. " It was only a 9 million tonne reduction, but that could be a very strong signal," he told a Navigate shipping conference. " Throughput at the ports also show signs of slowing down." Young said overall throughput at Chinese ports saw growth of 14.3 percent in the first quarter of this year compared with almost 20 percent for the same period last year.  [08/06/11]
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Hawkeye
Veteran |
08-Jun-2011 23:00
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Look at 5 years historical Chart and you will know!
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Peg_li
Master |
08-Jun-2011 21:45
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A few month later,many people will say why never buy coscorp at 1.85 ^1.88! Very sure! |
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catalyst
Senior |
08-Jun-2011 21:26
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The imminent 1.81 coming soon? Question is also, will it break that as well? Look at YZJ today as well. Uncertain for rebound.
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Isolator
Supreme |
08-Jun-2011 15:49
![]() Yells: "STI is hard landing to below 2000..." |
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Cosco has break down....  A big correction is coming.... | ||||
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catalyst
Senior |
08-Jun-2011 13:15
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Nowadays, contract announcements dont mean much for price actions.
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eastcivic
Elite |
08-Jun-2011 12:51
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ya 1.81 looks like a good price  to buy
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catalyst
Senior |
08-Jun-2011 12:49
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Looks like Cosco is not set to rebound yet if close in red today. Retest support 1.81 soon? Maybe a chance to enter there. |
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rotijai
Supreme |
08-Jun-2011 11:02
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faster shoot shoot shoot.. master alex.. quick shout shoot cosco.. shoot cosco ! |
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Isolator
Supreme |
08-Jun-2011 11:00
![]() Yells: "STI is hard landing to below 2000..." |
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I always short when others buy... lol
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alexchia01
Elite |
08-Jun-2011 10:53
![]() Yells: "Catch The Stars And Ride With Them" |
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May not be late to you, but too late for me.
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Isolator
Supreme |
08-Jun-2011 10:40
![]() Yells: "STI is hard landing to below 2000..." |
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Nvr too late to short.... low get lower
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krisluke
Supreme |
08-Jun-2011 09:55
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Cosco: Cosco (Zhoushan), a subsidiary of the co’s 51% owned Cosco Shipyard Group, has secured a US$26m contract from a SE Asian co to build one 32k dwt semi-sub barge. Delivery is scheduled for 2Q12. Stock has a mix of Street ratings, with wide TP ranging btwn $1.57-2.86... Technically, stock may see a rebound in the near term, with negative divergence appearing on the RSI and MACD histogram since mid-May. Hooking up of the fast-Stochastic from current oversold levels should provide further confirmation for a bounce. Near term support at $1.80, resistance at $2. |
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alexchia01
Elite |
08-Jun-2011 09:50
![]() Yells: "Catch The Stars And Ride With Them" |
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It's too late to short and too early to buy. If you are not in already, better to stay by the sideline. |
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Isolator
Supreme |
08-Jun-2011 09:46
![]() Yells: "STI is hard landing to below 2000..." |
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Rebound is opportunity to sell or short or both... |
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hlfoo2010
Veteran |
08-Jun-2011 09:39
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Finally no choice have to pick Ikanbelis to eat ???? 
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Gaecia
Elite |
08-Jun-2011 00:20
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Peg,  did u  buy your  cosco at nearly $8?
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lowchia
Veteran |
07-Jun-2011 22:40
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On Tuesday, Cosco re-test the resistance at $1.90 and closed at $1.88 with LOW volume of 16.8 million shares traded. A white candle stick with short upper/lower shadow affirms that investors are still indecisive on the future direction of Cosco. Both RSI & MACD are flat as RSI trend sideways. Important Resistance of Cosco: $1.90 Immediate Support of Cosco: $1.81 Currently prices are well below 20/50/100/200 days MA. Although prices.......... READ MORE   |
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Peg_li
Master |
07-Jun-2011 22:31
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Of course not based on today's contract. but based on the whole year contract and its  more strong  presence in offshore business beside its dry bulk business.  
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rotijai
Supreme |
07-Jun-2011 22:26
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this contract comes.. a bit too early.. y cant they just hold it for another 1-2 weeks :/ uptrend or downtrend or watever trend.. let the stock to decide and we bet :)
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