Latest Forum Topics / Neptune Orient L Rg | Post Reply |
NOL
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Andrew
Master |
11-Mar-2009 00:13
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250M seems a bit lame for a company like NOL, if they really need money why pay 4cts div or 37M USD. Also the selling is almost instantanous, has to be a singular entity ?? As I said earlier, AXA just sold 2M shares on 5/3. and interestingly, the announcement came on the same day as if NOL got the info during lunch time ?? announced at 1717hours, 4 hours to think and write......hmmmmm Anyway, out of impulse.....buy a bit at 90......heeeeee......hope I don't lose money...... If it is indeed AXA, and selling at 20M a day, still got 4 days to sell off the balance 67M shares..... |
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lookcc
Master |
10-Mar-2009 20:47
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rights issue better than bail-out. | ||||||||||||
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DnApeh
Master |
10-Mar-2009 20:42
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smells like capland.
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iPunter
Supreme |
10-Mar-2009 20:27
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Technically very dicey... It has broken through the low floor... If the news is confirmed, it may even fall lower (but not before a small 'bargain hunter' rally)... |
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trader88.sg
Veteran |
10-Mar-2009 18:54
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'We confirm that the company has not entered into any agreements that would require disclosure in accordance with the SGX-ST Listing Rules,' If they had entered into any agreements that would require disclosure in accordance with the SGX-ST Listing Rules, it is already old news! As usual, "it is the company's policy not to comment on market rumour or speculation." Remember the Chinese saying, "无风不起浪", literally means without breeze, there will not be tides! |
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trader88.sg
Veteran |
10-Mar-2009 18:46
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Business Times - 10 Mar 2009 NOL says continually evaluates options to improve performance By ANGELA TAN Neptune Orient Lines (NOL), whose shares sank on Tuesday on rumours of an impending rights issue, said the ompany 'continually evaluates all available options to improve its performance and strategic position'. It added it is the company's policy not to comment on market rumour or speculation. 'We confirm that the company has not entered into any agreements that would require disclosure in accordance with the SGX-ST Listing Rules,' NOL said. Earlier on Tuesday, a Dow Jones report said the shipping giant is considering a rights issue to raise more than US$250 million. NOL eventually closed below S$1 a share, at 93.5 cents, down 8.5 cents from Monday. |
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gregorsamsa
Member |
10-Mar-2009 17:59
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im not trying to poor cold water, but if NOL doesn't comment on the issue, then most prob there is going to be some form of rights issue. If you guys do remember, they tried to ask Capitaland on the then rights issue rumours. what they did say was "it is not policy to comment on rumours", soon after there was the rights issue. When they asked CityDevt, they categorical denied any rights issue. Hope I didn't get the facts wrong. cheers |
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freeme
Elite |
10-Mar-2009 17:26
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hope they dun announce 1st if it is true. or if nt true den it will be strong rebound.
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AK_Francis
Supreme |
10-Mar-2009 17:19
Yells: "Happy go lucky, cheers." |
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freeme
Elite |
10-Mar-2009 17:16
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hehe hope tml will up more.. onli load 10lots nia.. didnt earn much also.. if can go back to 1.02 den will be v hapi..
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iPunter
Supreme |
10-Mar-2009 17:14
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Good... at today's close, you are already in the money... |
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freeme
Elite |
10-Mar-2009 16:44
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no stop lost in mind yet. maybe 0.88
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iPunter
Supreme |
10-Mar-2009 16:33
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.895 now... any stoploss in mind? ...
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Andrew
Master |
10-Mar-2009 16:01
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Recently AXA offloaded some shares on March 5.....just wondering if they are selling again. In just a matter of tens of minutes can push down some much, may not be just shortist..... |
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freeme
Elite |
10-Mar-2009 15:34
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heng i offload at 1.02 two days ago. re entry at 0.905 nw | ||||||||||||
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des_khor
Supreme |
10-Mar-2009 15:34
Yells: "Tell me who is the God or MFT from this forum??" |
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all became BBCs !!! | ||||||||||||
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aleoleo
Master |
10-Mar-2009 15:30
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rumous that NOL will issue RIGHTS ....... so when people got the news, just short it down loh ......
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des_khor
Supreme |
10-Mar-2009 15:30
Yells: "Tell me who is the God or MFT from this forum??" |
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right issue ?? then kenal from left !! | ||||||||||||
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freeme
Elite |
10-Mar-2009 15:24
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im seeing it from the screen drop from 1.02 straight to 0.9. scary sia what happen? | ||||||||||||
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iPunter
Supreme |
10-Mar-2009 15:23
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This is one good blue chip to buy cheap cheap and keep... But no one knows yet how cheap is the real cheap... |
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