Back

Latest Forum Topics / COSCO SHP SG    Last:0.135 --

Post Reply

CoscoCorp Post Reply Rate topic
cyjjerry85 Elite	16-Aug-2007 23:40        cyjjerry85 About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	what a great fall on Cosco today...seems really a tempt to get it at such a low price now...well..i would think majority of TA charts in SGX are very bearish...this counter is of no exception as well
Useful To Me  Not Useful To Me
winsontkl Elite	16-Aug-2007 23:32        winsontkl About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cosco has went up substantially this year and believe BB is cashing out to beef up their bullet or locked in their "Fat" profit. But just saw from news that it is due to Hong Kong drastic drop on its parent company, I think, that dragged it down.
Useful To Me  Not Useful To Me
singaporegal Supreme	16-Aug-2007 21:20        singaporegal About Contact  Quote this Post! Style: Technical   Mood: Yells: "Female TA nut"
x 0   x 0  Alert Admin	TA charts show bearishness. Acc/Dist and Chaikin all on decline.
Useful To Me  Not Useful To Me
sanye_2007 Member	16-Aug-2007 17:33        sanye_2007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Price slip 11% in one day, double the STI decline. Any particular reason?
Useful To Me  Not Useful To Me
sandbox Senior	01-Aug-2007 21:14        sandbox About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Zhuge_liang, when were the results announced?  This evening after closing?
Useful To Me  Not Useful To Me
zhuge_liang Supreme	01-Aug-2007 20:30        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cosco posted a 58% rise in quarterly profit thanks to strong business at its shipyards. JPMorgan has raised its tp to $8 from $3.82. Morgan Stanley has also raised its tp to $4.60 from $3.10.
Useful To Me  Not Useful To Me
Ryanwong Member	26-Jul-2007 11:04        Ryanwong About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://main.ednews.hk/listedco/listconews/sehk/SEHK_LISTEDCO_DATETIME_TODAY.HTM China COSCO Holdings Company Limited* (Stock code : 1919) ANNOUNCEMENT (HONG KONG) At the request of China COSCO Holdings Company Limited (the ?Company?), trading in shares of the Company will be suspended with effect from 9:30 a.m. on 26 July 2007 pending the release of an announcement relating to a possible significant transaction which is of a price-sensitive nature. Beijing, the PRC, 26 July 2007 By Order of the Board of China COSCO Holdings Company Limited Zhang Yongjian Joint Company Secretary
Useful To Me  Not Useful To Me
EastonBay Master	23-Jul-2007 12:13        EastonBay About Contact  Quote this Post!
x 0   x 0  Alert Admin	wow, 5.5 up 0.40 on heavy volume. Prob a result of dbsv's report.
Useful To Me  Not Useful To Me
Ryanwong Member	23-Jul-2007 11:04        Ryanwong About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS Vickers (Spore) Cosco Corporation; BUY S$5.10; Price Target : 12-month S$ 6.10 Cosco Corporation Big plans ahead Story: We are impressed with the rapid development of its various yards, specifically at Cosco Zhoushan. The group now operates 12 docks, total group docking capacity has increased by 28% to hit 1.7mdwt, following the commencement of its VLCC dry dock at Zhoushan. Point: In addition to new sites, workshops, berths and docks added over the year, the group is negotiating for additional sites at Dalian, Zhoushan and a new offshore base near Nantong. This implies upside to our order book assumptions, once its expansion plans are firmed up. In addition, the group has available slots for delivery of offshore projects in 2009, and we would expect more offshore contracts to be awarded in 2H07. Relevance: The stock is trading at P/E of 24.5x and 18.2x vs its 3 year eps cagr of 43.5%. Maintain Buy, based on SOP value of S$6.10.
Useful To Me  Not Useful To Me
Ryanwong Member	20-Jul-2007 12:24        Ryanwong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Saw this at CNA forums  19 July 2007 Update C O S C O C O R P O R A T I O N ( S I N G A P O R E ) Highlights From Shipyard Visit Net EPS EV/ Year to Turnover EBITDA Profit EPS Growth PE EBITDA DPS* 31 Dec (S$m) (S$m) (S$m) (¢) (%) (x) (x) (¢) 2005 873.1 241.4 160.5 7.4 148.3 66.4 44.8 1.0 2006 1,215.5 305.8 205.4 9.3 26.5 52.5 35.4 2.5 2007F 2,253.6 475.4 284.6 12.7 36.9 38.3 22.8 3.0 2008F 4,356.1 715.9 439.5 19.7 54.4 24.8 15.1 3.5 2009F 6,434.2 900.7 557.4 24.9 26.8 19.6 12.0 3.5 No. of Shares (m) 2,235.5 Market Cap (S$m) 10,909.0 (US$m) 7,188.3 Major Shareholders (%) China Ocean Shipping (Group)Co 53.9 Book NTA per Share (S$) 0.32 ROE (%) 34.5 Net Cash per Share (S$) 0.04 Results Due 1Q: Apr 1H: Aug 3Q: Oct Final: Feb Market PE - STI (x) 2006 15.8 2007F 19.1 Analyst: Mark Tan COSCO Corporation's (COS (S)) arranged a company visit to its shipyards in Dalian, Zhoushan and Nantong this week and we were impressed by the level of activity and expansion at these yards. Accelerated expansion at COSCO Zhoushan. COSCO Zhoushan has undergone tremendous expansion in the past 12 months. Dry dock capacity has increased by more than 260% to 550,000dwt while berthing capacity has increased by more than 80%, with seven berths spanning 1.8km currently in operation. Zhoushan's steel and block fabrication workshops have also recently been completed with new offshore, engine and specialist workshops expected to be completed by Nov 07. Once completed, Zhoushan will have some 200,000 sqm of workshop space at its disposal. Management confident of completing major offshore projects. Management remains confident of their ability to complete the offshore contracts that they have secured. Fabrication of the US$170m circular Sevan 650 semi-submersible rig began in Apr 07 at COSCO Nantong and work is proceeding according to schedule. Continued expansion and exceptional orderflow: Maintain BUY. A new 500,000dwt dry dock and three new berths are under construction at COSCO Zhoushan. Management is also looking at acquiring a site adjacent to COSCO Nantong to increase its shipyard capacity there. New orders secured thus far this year stand at S$5.3b, 5.2x of COSCO Shipyard Group's total shipyard sales in 2006. Given the continued expansion and COS (S)'s exceptional orderflow, we reiterate our BUY recommendation on COS (S) and maintain our target price of S$6.00 based on a sum-of-the-parts valuation
Useful To Me  Not Useful To Me
awchyeong Member	13-Jul-2007 16:17        awchyeong About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Personel feel that buy below 4.8. vested
Useful To Me  Not Useful To Me
megator Member	13-Jul-2007 15:38        megator About Contact  Quote this Post!
x 0   x 0  Alert Admin	What's the direction for cosco now? Is it too high to buy now?
Useful To Me  Not Useful To Me
zhuge_liang Supreme	12-Jul-2007 23:47        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	DBS has upgraded its tp to $6.10 after the company secured US$563m worth of contracts. Its order book profile has shifted from 16% shipbuilding in early Apr '07 to 62% shipbuilding and 38% offshore structures (contract wins total US$3.4b ytd) as orders surge.
Useful To Me  Not Useful To Me
jessie Senior	12-Jul-2007 13:47        jessie About Contact  Quote this Post!
x 0   x 0  Alert Admin	it reminds me of this guy who attended ray's gathering... he must be very happy if he is still holding this counter....
Useful To Me  Not Useful To Me
EastonBay Master	12-Jul-2007 11:20        EastonBay About Contact  Quote this Post!
x 0   x 0  Alert Admin	Broke $5 level on good volume!!! Heng ah, kept some. Unlucky me, sold some on Monday at 4.12 only to see it rise 4 days in a row from 4.12 to 5. Too keen to lock in some profit on Monday    CoscoCorp   5.000 +0.360 +7.8 6,218 119 4.980 5.000 644 5.200 4.880 TSC
Useful To Me  Not Useful To Me
zhuge_liang Supreme	11-Jul-2007 00:55        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi unicornInLuv, Tks. Analysts have been very positive on Cosco. Cosco rose to a record high of $4.46 after DBSV raised its 12-month tp for the stock to $5.60 from $3.45. "Restructuring is far from over. The group could divest its fleet of 12 bulk carriers and may be eyeing other shipyards as acquisition targets to strengthen its position as a leading shipyard group in China," DBSV analyst Janice Chua said in a research note on Tuesday. Chua said the firm may head for a A-share listing in Shanghai, which could finance its potential acquisitions. "Earnings visibility is strong, with 85% of FY08 sales and 60% of FY09 sales already covered by its existing order book," she added.
Useful To Me  Not Useful To Me
unicornInLuv Member	10-Jul-2007 23:00        unicornInLuv About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hey zhugeliang, it's been some time since i heard from you.  Any more gd news on Cosco or other counters?  Been reading your posts for some time before I decided to write... . Keep up with the gd job.
Useful To Me  Not Useful To Me
zhuge_liang Supreme	04-Jul-2007 12:20        zhuge_liang About Contact  Quote this Post!
x 2   x 0  Alert Admin	It surged after BNP Paribas initiated coverage of the firm with a "buy" call and target price of $5.80. The firm has undergone major restructuring over the past decade to focus on its shipyard, which has a greater growth potential than its bulk shipping arm, BNP Paribas analyst Stanley Tan said in a research note on Tuesday. "Factors such as Cosco's domestic leadership in ship repair, coupled with its fast-growing engineering and shipbuilding segment, China's ambition for the industry, as well as potential asset injections makes for a compelling multi-year investment," Tan said.
Useful To Me  Not Useful To Me
zhuge_liang Supreme	26-Jun-2007 12:17        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	China COSCO Holdings (the world's 5th-biggest container ship operator) more than doubled as they listed in Shanghai.
Useful To Me  Not Useful To Me
odoraemon Member	22-Jun-2007 11:29        odoraemon About Contact  Quote this Post!
x 0   x 0  Alert Admin	wa.....yoyo down now.......any more upside?
Useful To Me  Not Useful To Me

                                                         First   < Newer   2921-2940 of 3100   Older>   Last