Latest Forum Topics / Neptune Orient L Rg | Post Reply |
NOL
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Octavia
Elite |
27-Sep-2013 16:52
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THE world's largest container ship, the Maersk Mc-Kinney Moller(18000 TEUs)  sailed into town on Friday on its maiden call at the Singapore port. The first of the series Triple-E vessels, the Maersk Line ship discharged 3,500 TEUs (Twenty-foot Equivalent Units) as it made its first port of call in Asia on the way back from Europe. |
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moneycow
Master |
27-Sep-2013 15:22
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STI green green most shipping stock up - this one down :) | ||||
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Hawkeye
Veteran |
27-Sep-2013 15:03
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Temasek belongs to Singaporean. OCBC belong to Lee Rubber Foundation - Kuala Lumpur. NOL belong to Singapore - So sure go high lah! World Class leh. Loose 1 billion but making money sure 5 billion lah! Not enough sea lane put ERP lah! and Buy Ship need COE ha ha ha
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sgng123
Veteran |
27-Sep-2013 14:39
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it obvious temasek is Singapore government owned with the cpf money as backing, ocbc is private owned with connection to elite government leader.  
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Belteshazzar
Veteran |
27-Sep-2013 10:33
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last time t bought @3 | ||||
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Rosesyrup
Veteran |
26-Sep-2013 23:31
Yells: "Get your own opinion, don't follow blindly." |
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Temasek is operating a bank too? New business?
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shadowmoon
Veteran |
26-Sep-2013 23:02
Yells: "Henshin" |
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Ha ....Ah Gong Temasek big or ocbc???
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halleluyah
Elite |
26-Sep-2013 22:59
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1.12 is the current support. | ||||
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Rosesyrup
Veteran |
26-Sep-2013 22:36
Yells: "Get your own opinion, don't follow blindly." |
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Wah OCBC maintains sell @95cents?  How come NOL still staying above $1 leh? You mean OCBC not abiding by their own TP?  | ||||
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sgng123
Veteran |
26-Sep-2013 20:13
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brokerage call is always self servicing, might had a big hedge position to cover but no investors want to let go. so had to make sell call on ship to create fear among investors, they had used it many many times but as always no one listen lol. With BDI surging for like nearly 1 month, currently at 2127 everyday going up by 50+. Demand is indeed coming back just need to wait out a few more months then freight rate for container would recover like it counterpart BDI. Had patience and u win. With actual forward economy data telling us economy recovering is on the way who would sell ship lol. | ||||
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banana
Member |
25-Sep-2013 10:58
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hmm..sell call by the elite? ,) | ||||
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Peter_Pan
Supreme |
25-Sep-2013 10:56
Yells: "did you order dunkin' donuts" |
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nol rebounds may have some legs
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Octavia
Elite |
25-Sep-2013 10:43
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OCBC maintains Sell with $0.95 TP. House note that despite industry wide efforts to push through general rate hikes, freight rates according to the Shanghai Containerised Freight Index show continued softening in Sep instead. With the traditional 3Q peak season weaker than expected and drawing to a close, likely to see freight rates subsequently head lower in 4Q13 as demand typically drops off, further affecting the ability of liners to force through rate hikes for the remainder of the year. House forecasting a much smaller core operating profit for NOL in 3Q13 and another loss-making 4Q13 to end a disappointing 2013. In light of the weaker outlook for 2H13 and beyond, maintain SELL on NOL with an unchanged fair value of S$0.95. The lack of any near-term catalyst compels house to keep P/B peg at 0.9x. | ||||
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ascend88
Senior |
25-Sep-2013 10:22
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yah ...when this guy swing....better stand far away  
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sgng123
Veteran |
25-Sep-2013 10:05
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BDI break 2000+ level earlier than most analysts estimated at end of year. In 2010 when world economy recover, BDI reached 4400+ with the peak at 2007 11000+. Let see how the index performed in Oct, might prompt me to trade. By the way OCBC put on a negative outlook on NOL 3Q based on weaken rate on Sep only another scare tactic by big shortists due to insufficient shares on market to cover their hedge position. | ||||
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Peter_Pan
Supreme |
24-Sep-2013 12:25
Yells: "did you order dunkin' donuts" |
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nol sailing the four seas | ||||
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sgng123
Veteran |
24-Sep-2013 12:19
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BDI continue it rally and global PMI rebounding only thing that is screwing market sentiment is the US budget/debt ceiling issue. Once it is over prepare for the shipping counters rally feast. | ||||
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sgng123
Veteran |
21-Sep-2013 11:45
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BDI at 1900 only like 100shy of 2000 land mark. BDI had been rallying at the start of Sep strongly almost doubling, this is good for trading sentiment for shipping counter since BDI is index for shipping cost for raw material intended for finished good. Demand might strengthen into normal weak 4Q quarter due to pent up order as a result of tapering fear. | ||||
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sgng123
Veteran |
20-Sep-2013 00:34
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Shipping counters is at recession level price zone but Fed QE is artificially holding up STI, STI should be around 2000 if not for QE. Weak Global demand and stock market at record high is dangerous for any traders. It can go both extreme end resulting in either a very strong rebound in shipping counters due to better economy in 2014 or market would follow a 1987 Black Friday crash. Hand off ship till share price recover to proper valuation since we  punters don care about share price what matter is trading volume and trend. 
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daddyo
Member |
19-Sep-2013 20:45
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This is a cyclical stock. Buying now is certainly not buying at the top of the cycle. The stock appears to be building a base for quite some time now. See if can close above 1.175 on high volume tomorrow. | ||||
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