
Historically only once NOL drop below 1.00 since 2008. If it does touch and go at 0.98.
This time round if 2Q12 NOL result is better than the previous 2Q (since 2Q oil price had dropped below USD100 and trade between Asian countries picked up compensating for US and EU trade) it may go upside.
No. Wait for below 1.00. Possible this coming two weeks.
Hawkeye ( Date: 25-Jul-2012 09:08) Posted:
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NOL touches 1.055 soon go below 1.05
Lucrative price to enter below 1.05
Titanic your head la, this one not normal ship.
If U know something in Navy, U will know what i means :)
JustinQuek ( Date: 24-Jul-2012 22:13) Posted:
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It might be titanic. 
warrenbegger ( Date: 24-Jul-2012 22:06) Posted:
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Will NOL like,    The dark knight rises???      From the shiit hole?
Actually it will rise when oil drops .Drops when oil rise.Thats about it. So not that stupid idea. But FA and TA fail.
warrenbegger ( Date: 24-Jul-2012 21:59) Posted:
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Maybe cash too much idle around, yesterday itchy backside load some at 1.060.
How low can it goes with a die hard STI?
Fundamental is broken, TA like rubbish, and charts draw like shiit. Only good is blue shiit with a near rotten bottom px :)
Am i too siao to buy this kind of junk shiit? LOL :)
Anyone also siao with me?
wonder who bought long long time ago at $4 & still holdg...the neck sure v v long one..
thks Guava for yr pre-empt...appreciate...all d best to u
 
Sounds like you are okay with your position. Today down quite a bit more but to be expected given DOW and Spain worries. Now even Australia seems to be taking a hit on it's worries about commodities slow down.
NOL is badly exposed. Their ships are lying idle and the need for transportation will be lessen. This may very well go below S$1.00.
But having said that, if it gets low enough and you are prepared to hold, there is always such a thing as valuation gettting too cheap to resist....
Just make sure you are comfortable with whatever position you take and don't over-commit.
tedsokny ( Date: 20-Jul-2012 13:15) Posted:
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Jeez ... what happened ?
Hi Guava
No worries, gd to share... 
Afraid I don't share the same view. Shipping industry is really dismay. The loses are only just mounting. NOL will see another round of drop. This time, well below 1.00. Sorry if this is  not what you are hoping for.
tedsokny ( Date: 20-Jul-2012 08:59) Posted:
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these days nol resistance high at 1.135...seems will go up 1.20...just my thots oni no inside news
On Thursday, NOL re-test the support at $1.10 and closed at $1.105 with HIGH volume of 9.51 million shares traded.
During the past 10 bars, there have been 5 white candles and 4 black candles for a net of 1 white candle.  During the past 50 bars, there have been 21 white candles and 25 black candles for a net of 4 black candles.
RSI & MACD are bearish as RSI trend downwards.
Important Resistance of NOL: $1.17
Immediate Support of NOL: $1.10
Currently prices are supported by 20/50 days MA at $1.10.
Today prices have re-tested  .............     READ MORE
 
 
wah?.....why suddenly so hot arh?....any bad news?, please share
very weak....
http://sgxreports.blogspot.sg/2012/07/nol.html