Latest Forum Topics / Neptune Orient L Rg | Post Reply |
NOL
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Rosesyrup
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13-Nov-2013 20:19
Yells: "Get your own opinion, don't follow blindly." |
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What is so funny with this counter????? Great counter with great potential like many other commodity firms. They will recover and grow very quickly when economy starts recovering. Right now there are not enough big players in the market. Most are retailers going after pennies. When big funds come in, they look for stable blue chips, not pennies. So NOL should do great. Matter of time. We are investors, don't mind waiting for 1-2years so long as the return is good.
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banana
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13-Nov-2013 18:26
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That's the difference between a gambler and a trader:)
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heisuke
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13-Nov-2013 18:22
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I can't help but to agree with you
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sgng123
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13-Nov-2013 15:32
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maesrk post 554m profit due to cost cutting measures through fleet renewal. ship following same path just need to be patient.   |
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Rosesyrup
Veteran |
13-Nov-2013 12:50
Yells: "Get your own opinion, don't follow blindly." |
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Just wait. This counter need water (liquidity) in the market to move.  
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Heero78
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13-Nov-2013 12:49
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this stock really is a joke....sigh | ||||
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sgng123
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12-Nov-2013 13:14
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slow steaming continue but improving economy data from US/China if continue throughout 4Q then 2014 would be good for freight rate as demand pick up. Commodity stocks start their slow climbing too due to improving demand for raw materials which in a few months down the route might lead to more manufactured goods being produced and need to be shipped. Ship increase market share in 3Q maintaining 90% load factor while operating capacity go up by 60K TEU to 640K TEU, capturing market share by offering cheap rate in open market lol. 2014 is the year of the horse, hope the economy also like horse go up and up lol. | ||||
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Lucky03
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11-Nov-2013 20:18
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http://www.seatrade-global.com/news/americas/container-lines-plan-transpacific-rate-increase.html
Monday, 11th November 2013 Your daily insight into the shipping world Container lines plan transpacific rate increase By Marcus Hand from Singapore Container lines on the transpacific trade are aiming to raise Asia ? US rates by $400 per feu from 15 November. As container lines continue to struggle for profitability the 15 member lines of the Transpacific Stabilization Agreement (TSA) announced plans for the $400 per feu general rate increase on all origin and destination ports of on the Asia ? US trade. ?The trade is seeing modest but healthy cargo growth over 2012, while cargo handling, equipment and other costs continue to rise and most carriers are operating at a loss,? said TSA executive administrator Brian Conrad. ?It makes no sense for rates to be at current levels, and it threatens the ability of individual carriers to maintain service levels heading into 2014.? TSA said cargo volumes on the trade had been rising steadily since mid-August. Published in Americas, Asia, Containers © Copyright 2013 Seatrade Communications Limited. Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade Communications Limited. |
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Lucky03
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07-Nov-2013 20:55
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I'm looking at the 100 Days MA which appears to be flattening and may signal upward turn soon | ||||
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Lucky03
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07-Nov-2013 18:27
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http://www.joc.com/maritime-news/international-freight-shipping/ocean-carrier-rate-revision-roundup-nov-1_20131101.html
Ocean Carrier Rate Revision Roundup for Nov. 1 JOC Staff | Nov 01, 2013 11:38AM EDT Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December. Europe-Asia CMA CGM hopes to increase rates in its trade from North Europe, including the north continent, Scandinavia and the U.K. and excluding the Baltic region, to Asia. For shipments to the Far East, the hike will be $200 per 20-foot container and $400 per 40-foot container, effective Nov. 1. For shipments to the Red Sea and Persian Gulf, the increase will be $150 per 20-foot container and $250 per container, effective Nov. 16. Similarly, Maersk Line intends to implement a rate increase in its trade from North Europe to Asia. For shipments to the Far East, the increase will be $200 per 20-foot container and $300 per 40-foot and 45-foot container, effective Nov. 1. For shipments to the Middle East and Indian subcontinent, the hike will be $200 per 20-foot container and $300 per 40-foot, 40-foot high-cube and 45-foot container, starting Nov. 15. In addition, Maersk Line plans to hike rates in its trade from the Mediterranean to the Far East, starting Nov. 15. From the Mediterranean, excluding Syria, to the Far East, the increase will be $200 per 20-foot container and $300 per 40-foot and 45-foot container, and from Syria to the Far East the increase will be ?150 per 20-foot container and ?225 per 40-foot and 45-foot container. Asia-Latin America Two carriers hope to implement rate increases on Nov. 15: Mediterranean Shipping Co. plans to implement a rate increase on cargo from the Far East to South America?s east coast by $650 per 20-foot container and $1,300 per 40-foot container. Hapag-Lloyd plans to boost rates in its trade from East Asia, the Indian subcontinent and the Middle East to South America?s east coast by $650 per 20-foot-equivalent unit. Two carriers have also planned to boost rates on Dec. 1: Hapag-Lloyd hopes to increase rates on shipments from East Asia to Mexico, Central America?s west coast and South America?s west coast by $500 per TEU. The container line also intends to boost rates on trade from East Asia to the Caribbean, Central America?s east coast and Panama by $700 per 20-foot container and $1,000 per 40-foot container. Similarly, Hamburg Süd aims to elevate rates on its trade from Asia to Mexico, Central America?s west coast and South America?s west coast by $500 per 20-foot container, $750 per non-operated refrigerated container and $1,000 per 40-foot standard and 40-foot reefer container. It also plans to hike rates from Asia to the Caribbean by $700 per 20-foot container and $1,000 per 40-foot and 40-foot high-cube container. Trans-Pacific On Nov. 15, CMA CGM will attempt to raise rates on wastepaper shipments from the U.S. to the Far East. From the U.S. East Coast and Gulf Coast, the increase will be $160 per 20-foot container and $200 per 40-foot and 45-foot container, and from the Port of Oakland, Calif., the hike will be $120 per 20-foot container and $150 per 40-foot and 45-foot container. On the same date, CMA CGM also intends to boost rates on shipments of metal scrap, wastepaper, forestry products, plastic scrap, resin, hay and agricultural products in its trade from the U.S. West Coast and inland point locations via U.S. East Coast or Gulf Coast ports to the Far East. The hike will be $80 per 20-foot container and $100 per 40-foot and 45-foot container. Additionally, U.S. Lines hopes to increase rates on westbound citrus shipments from the U.S. and Canada to Asia, starting Dec. 1. The hike will be $400 per 20-foot reefer container and $500 per 40-foot reefer container. Asia-Africa CMA CGM aims to increase rates on its Shaka Express 2 service from Asia, including Japan, Southeast Asia and Bangladesh, to Mauritius by $200 per TEU, starting Nov. 1. The container line also plans to implement a rate increase on its Swahili Express service from India and the United Arab Emirates to East Africa, starting Nov. 15, by $500 per TEU. Intra-Asia Starting Nov. 1, CMA CGM aims to boost rates in its trade from Asia, including Japan, Southeast Asia and Bangladesh, to Jeddah, Saudi Arabia Ain Sokhna, Egypt Aqaba, Jordan Djibouti Port Sudan, Sudan and Aden and Hodeidah, Yemen. The increase will be $500 per TEU. On the same date, the carrier also hopes to raise rates in its trade from Asia, excluding Japan, to the Middle East, by $500 per TEU. Asia-Australia Maersk Line hopes to raise rates in its trade from Northeast Asia to Australia by $300 per 20-foot container and $600 per 40-foot and 40-foot high-cube container, effective Nov. 17. |
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Lucky03
Veteran |
07-Nov-2013 18:21
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More signs of Europe recovery. Trans continental trade will increase and shipping demand will rise and so is freight rate and benefitting companies such as NOL.
[FRANKFURT] German factory orders increased more than estimated in September in a sign that Europe's largest economy is benefiting from a recovery in the euro area and rising domestic investment. Orders, adjusted for seasonal swings and inflation, jumped 3.3 per cent from August, when they fell 0.3 per cent, the Economy Ministry in Berlin said yesterday. Economists forecast a gain of 0.5 per cent, according to the median of 37 estimates in a Bloomberg News survey. Orders advanced 7.9 per cent from a year ago, when adjusted for the number of working days. Europe's largest economy stands to benefit as the 17-nation euro area, its biggest export market, rebounds from a recession. Car sales in the currency bloc climbed the most in two years in September and economic confidence rose more than expected last month. The Bundesbank said last month that German gross domestic product probably expanded last quarter, albeit at a slower pace than in the three months through June. "Today's data is much stronger than expected and it shows some improvement in the German factory sector at the end of the third quarter," said Annalisa Piazza, an analyst at Newedge Group in London. PUBLISHED NOVEMBER 07, 2013 Spain Sept industrial output grows for the first time in 30 months [MADRID] Spain's industrial output grew for the first time since February 2011 in September, official data showed on Thursday, supporting preliminary data which has showed the economy emerged from recession in the third quarter. Calendar-adjusted output rose by a surprise 1.4 per cent year-on-year in September, the National Statistics Institute showed, beating expectations of a 1.5 per cent contraction. In August output fell 2.1 per cent, below a preliminary reading for a 2 per cent drop. - Reuters |
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Solidsnake
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06-Nov-2013 17:39
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RSI (5days) @ 58.5, and RSI (14days) @47.5, moving above 50, indicating an upward trend. MACD's chart indicates long/ short period has crossed signal line period upward, indicating trend is moving upward. Chaikin's accumulation/distribution chart indicates accumulation has just taken place. MA10: $1.067, MA21: $1.072, MA50: $1.09, MA100: $1.078, MA200: $1.116 Px previous close: $1.065, o:$1.065, h:$1.075, l:$1.06, c:$1.07. Vested.
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luketoh
Senior |
06-Nov-2013 17:12
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This will slowly move upwards.. | ||||
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Lucky03
Veteran |
06-Nov-2013 00:41
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http://www.joc.com/maritime-news/trade-lanes/asia-europe/scfi-asia-europe-rates-more-double_20131101.html
SCFI: Asia-to-Europe Rates More Than Double JOC Staff | Nov 01, 2013 11:08AM EDT Shanghai Containerized Freight Index, Mediterranean, week ending Nov. 1, 2013 Full-size image Spot container rates from Asia to European ports measured by the Shanghai Containerized Freight Index soared in the week ending Nov. 1. Both Mediterranean and northern European lanes saw rates increase of between $700 and $800 per 20-foot-equivalent unit, in response to a Nov. 1 general rate increase. The success of this GRI was due in part to discipline by the carriers, which was not the case in the unsuccessful GRI of Sept.1, said Jean-Marie Lamay, Head of Commodity and Freight Solutions at HSH Nordbank. The initial success of this GRI was slightly higher than anticipated, but the market is expected to slide in November due to the fact that fundamentals have not changed enough to warrant rates at this level. It is encouraging to see the market can move up by so much so fast, which shows that the layer strategy of hedging by the carriers can work to balance out the decline of rates. The spot rate from Shanghai to Mediterranean ports jumped 111.7 percent or $791 from the week before to $1,499 per TEU, up from $708, according to the latest SCFI data issued by the Shanghai Shipping Exchange. This was a rebound from the recent 10-week slump in which rates fell by a composite $788 per TEU. The SCFI to the Mediterranean is now up 42.1 percent year-over-year and up 29.4 percent from Jan. 1. Shanghai Containerized Freight Index, North Europe, week ending Nov. 1, 2013 Full-size image The spot rate from Shanghai to northern European ports for the week ending Nov. 1 climbed 112.4 percent or $753 from the week before, when it sat at $670 per TEU, reaching $1,423. The SCFI rate to northern Europe for the week ending Nov.1 is 4.6 percent below where it was at the same point in 2012, but 12.0 percent higher than at the beginning of 2013. The Nov. 1 GRI on the Asia-Europe lanes was relatively successful thus far. OOCL, Hapag Lloyd, United Arab Shipping Co., Zim Integrated Shipping Services, Evergreen, CMA CGM, and ANL had all proposed increases of between $750 and $1,000 per TEU, while Maersk Line had set a minimum increase of $600 per TEU. |
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Solidsnake
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05-Nov-2013 16:12
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Just checked. For short term play no because there are multiple road blocks ahead in MA10($1.07) MA21($1.075), MA50($1.09), MA100 ($1.08), MA($1.12).
Good news, though- MACD, Stochs, RSI (5/14 days) all turning upward. Plus Chaikin's acc/ distribution indicate no more distribution or plateaued. Maybe it's time to move up? I think BDI or container freight rates moved up very recently to prior recent drop. Hope this bodes well if the pxs can be sustained. |
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Heero78
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05-Nov-2013 16:00
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hahaha....yalor...sound like 1.70.... anyway see whether it is short live or not
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Solidsnake
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05-Nov-2013 15:32
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It's above one of the moving averages. Out now but let me go and check it out and confirm.
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heisuke
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05-Nov-2013 15:22
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you make it sound like 1.07 is a lot.. haha.. well but better than nothing still
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wait4opp
Veteran |
05-Nov-2013 15:16
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Euro FMs start to buy NOL as Euro economy show great recovery.   |
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ascend88
Senior |
05-Nov-2013 15:08
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quietly moved up to 1.07.... | ||||
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