Latest Forum Topics / Neptune Orient L Rg | Post Reply |
NOL
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totoro
Member |
19-Jul-2011 13:32
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Everyone, please don't be confused by Betleshazar. I think he is just posting the old news in 2009 when NOL issued rights at $1.30 (because ipunter asked him what was the rights price). | ||||
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alexchia01
Elite |
19-Jul-2011 11:13
Yells: "Catch The Stars And Ride With Them" |
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My dear friend, you sure or not? There is no news about this on SGX website or anywhere else.
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iPunter
Supreme |
19-Jul-2011 10:52
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For max profit potential, it is always       good to short or sell at the juicy peaks...    |
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iPunter
Supreme |
19-Jul-2011 10:49
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Wouldn't shorting at the theoretical     ex-rights price of 1.43 be a better idea?... |
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sureesh40
Senior |
19-Jul-2011 10:48
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Wow you got the news real fast. The announcement  is not even on the SGX or NOL's website yet.
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alexchia01
Elite |
19-Jul-2011 10:45
Yells: "Catch The Stars And Ride With Them" |
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I love NOL. My 2nd Best Short Counter. Once break below $1.36, $1.255 is the next T.P. |
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Belteshazzar
Veteran |
19-Jul-2011 09:17
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so this will be the right price to buy, cutloss is below | ||||
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Belteshazzar
Veteran |
19-Jul-2011 09:16
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A proposed NOL Rights Issue was announced this morning by NOL to raise approximately S$1.437 billion. Existing shareholders will be given the option to subscribe for 3 Rights Shares at $1.30 for every 4 existing shares that they own. The Rights Issue is renounceable and based on yesterday’s price, the theoretical ex-Rights price is S$1.43 per share. Temasek Holdings, having an interest in 67.43% in NOL’s shares, has agreed that it will subscribe and pay in full all the Rights Shares that the Temasek Entities are entitled to.  The underwriter for this issue is DBS and the indicative timetable for the NOL Rights Issue will be announced at a future date pending approval from SGX-ST. |
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iPunter
Supreme |
19-Jul-2011 09:03
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May I kindly know what is the rights issue price?..
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Belteshazzar
Veteran |
19-Jul-2011 08:59
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there will be great resistance at the right issue price | ||||
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iPunter
Supreme |
19-Jul-2011 08:56
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1.10 may be a better price to buy,       but maybe must wait long long.               Depends on whether there's going                       to be any flare-up in the waters...  |
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Belteshazzar
Veteran |
19-Jul-2011 08:47
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it is potential a 2 bagger if u wait and pick the right price. temasek bought @ 3 | ||||
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iPunter
Supreme |
18-Jul-2011 10:57
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This one is Alex's darling baobei counter... 
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alexchia01
Elite |
18-Jul-2011 10:51
Yells: "Catch The Stars And Ride With Them" |
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I love NOL. My 2nd Best Performing Short Counter. Currently sitting on the $1.36 support level. Once broken the next support is at $1.255. |
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bryansng
Senior |
18-Jul-2011 07:25
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NOL has broke its down trend channel and will have more room for going down..... be watchful of this counter, if you have vested, time to look at cut loss and if you have not, remain as such. |
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bryansng
Senior |
18-Jul-2011 00:17
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a counter showing clear sign of down trend. no sign of recovery.MACD crossing for a bearish sign and RSI is less than 30%... oversold position.
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Bintang
Elite |
17-Jul-2011 20:03
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The strong support is at $1.36 now , but going down to $1.20 would also be possible . Both daily n weekly RSI are in over -sold positions n are very weak .
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Bintang
Elite |
17-Jul-2011 16:32
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After the forming of dead cross in March 2011 , NOL has fallen non stop from $2.13   to reach $1.44 on 23/06/2011 . Then it formed a bearish pennant few days later to reach $1.55 . Breaking out of the formation with heavy volume on 06/07/2011 n went down to make new low at $1.41 last Friday ( 15/07/2011 ) .
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Bintang
Elite |
17-Jul-2011 16:21
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NOL downside target may be at $1.18 or lower . | ||||
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iPunter
Supreme |
08-Jul-2011 16:37
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Whether holding or trading,      both modes of play require different personal traits.           But the central idea in stocks play is to make profits                 while at the same time avoid significant losses taking root.                         On the whole, the stocks game is a battle with one's self... 
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