Don't forget that it issued rights last year, this will cause earning dilution, so it's unlikely to go back $6 that easily. Maybe another 5 years?

But it did more than double from its bottom, and the current price may have factored in the recovery. Whether it is sustainable depends on whether it can remain profitable I guess.

iS iT sustaInable ? ? ? ?

Does that mean  ALL NOL contaIner shIps

are  nOw   fUlly  deployed ? ? ? ?

In that case,  Share prIce wIll dOuble ? ? ? ?

The latest result is period 6.

It has returned back to pre-crisis level: NOL_Operating_Performance_for_P6_2010.pdf

See for yourself.

What I heard was NOL Container shipping volume and freight rates continued rebounding in

 

period 5.

 

The following is the report after previous result. People forecast a profitable year. Previous result was: 1Q10 net loss of US$98m.

Neptune Orient Expects Return to Profit on Shipping Rebound

May 15 (Bloomberg) -- Neptune Orient  Lines Ltd., owner of Asia’s largest container line by fleet size, forecast a return to profit this year as a global economic recovery boosts trade and cargo rates.

The operating environment has improved since the end of last year and “if this trend continues, Neptune Orient expects to return to profitability for the full year,” the Singapore- based company said in a statement late yesterday. The shipping line and logistics provider had its biggest loss in at least two decades last year ...more