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NOL

Those who entered @1.20 may be the lucky ones... Huat Aaaaaarh!!!...

 

Agree. 2013 will be a year of turnaround.

akchua      ( Date: 21-Feb-2013 19:26) Posted: If 2013 remain stable, the worst should be over for Cosco, YZJ and NOL. Hope no more drama for the next 6 months. Peter_Pan      ( Date: 21-Feb-2013 19:15) Posted: Monitoring to load NOL.

 

If 2013 remain stable, the worst should be over for Cosco, YZJ and NOL.

Hope no more drama for the next 6 months.

Peter_Pan      ( Date: 21-Feb-2013 19:15) Posted: Monitoring to load NOL.

 

Monitoring to load NOL.

 

Cosco result is out, go and check out.


Net profit 105 million for FY 2012,  a lot of people think Cosco and YZJ will be in red initially.


If tomorrow NOL result is good also, very likely YZJ will fair a lot better.

 

NOL - Credit Suisse
TP : $0.95
UNDERPERFORM

 

35b was wiped of frm ASX in feb and assuming interest gets hiked this year..

 

Funny thing these 3 days of selling, nol all ended up losing 0.015. Controlled decline by big players maybe. Next week is the US fiscal cliff drama on automatic spending cut due on 1 march, it gona suck for NOL share price unless 4Q result shows improved profit margin that is sustainable. Obama and the GOP going to kick the can down the road likely, cannot agreed on deficit cut but don want to get blamed lol. Last minute solution as usual.

 

3 straight days of selling activities. Now share price is at level before the surge in jan, up and down nearly 0.10 under 1 month. That is NOL style lol,look like market is pricing in the full year loss for 2012, around 200- 250mil consensus by brokerage houses. Tomorrow afternoon might be good time to load up since the dip came earlier than i thought. But exercise caution, don overstretch urself. 500 mil cost saving program most likely successful, improvement in operating margin expected. Lastly there is a wild card in 4Q result, if NOL building profit of 196mil is included it could  reduce the loss or break even for full year result.

 

Just dropped a bit more to 1.21 today..

iPunter      ( Date: 20-Feb-2013 09:54) Posted: Today dropped a bit more... new low is @1.23 It is easy to miss one's target price, but that's part of the game.  iPunter      ( Date: 15-Feb-2013 13:18) Posted: You see, sifu, I always stick to my price. Many times I miss the price closely. Too bad, But in the interest of long-term strategy, I always stick to my price no matter what.

 

Exercise caution for now. Tomorrow and friday might see some short covering but not time to load up due to uncertain trading trend from 4Q result.

As for the US spending cut due in march, high chance it would be a no event as both  Repub and demo  don want to be painted as the job killer, kick the can further down the road lol.

 

Crossing fingers, hopefully no bad news on friday!

sgng123      ( Date: 20-Feb-2013 09:17) Posted: Selling ahead of friday result, currently all the gain made in jan almost gone but after 4Q share would begin it upward momentum if no major bad news out of 4Q/US/Europe. Take care.

 

Today dropped a bit more... new low is @1.23

It is easy to miss one's target price, but that's part of the game. 

iPunter      ( Date: 15-Feb-2013 13:18) Posted: You see, sifu, I always stick to my price. Many times I miss the price closely. Too bad, But in the interest of long-term strategy, I always stick to my price no matter what. Bopanha      ( Date: 15-Feb-2013 13:14) Posted: Good trading, sifu. But have not seen anything below $1.20 in recent weeks. You are waiting in ambush, hahaha

 

This NOL is under my watchlist.

 

Selling ahead of friday result, currently all the gain made in jan almost gone but after 4Q share would begin it upward momentum if no major bad news out of 4Q/US/Europe. Take care.

 

today got big players pushing down stock to 1.24 then put a 2 mil buy block and 2 mil sell block at 1.25  , 0.6 -1 mil block  resistance at 1.245, 1.25 and 1.255 gone very fast before lunch.This effectively put nol trading at 1.245 most of the time. trading volume is like 3.5 X times yesterday volume, so very high chance it is a shorting activities. Before close strong buying volume push it back to 1.25, guess some short covering. Take care gona stay on sideline till coast is clear, very dangerous to enter market for now.

 

Averaged up at 1.245... Wish me luck !!!

 

Will be good to have a loi hei session next year same time. one for all, all for one

 

I saw two different strategies here. 

Davidscs' one is to buy now and hold for sometime. May be a year. As far as within this duration NOL could creep up to certain level, e.g. 1.7 (1.7/1.2=41% of ROI), then it is ok to hold regardless of the short term downside.

For sgng123, since the strategy is to hit and run thus the timing when to enter the battlefield is very important here. This strategy needs patience, i.e. wait until a clear trend is there. 

Nonetheless, trade carefully. I have placed in my position for NOL. lol.

 

Kim Eng research report indicated NOL might get a TP rerating from 1.41 to 1.71 based on 1.4X P/B.

If yearly transpacific service contract got renewed at a higher rate, TP rating might be even higher due to higher revenue contribution from US.

Currently brokerage houses very conservative in their TP projection due to very negative sentiment endured in the last 2 years ( US and Europe fiscal fears)

TP projection would swing upward if positive sentiment persist due to massive liquidity injection as a result of global  currencies devaluation  ( US + japan)

We can use the rebound in share price on 2010 as a guide line but stay caution whether u shorting or punting. Big price swing would be expected after Friday 4Q result.