
Singapore-listed Neptune Orient Lines (NOL) expects to lay off hundreds of staff globally by mid-June this year.
Responding to MediaCorp, NOL - the world's seventh-largest container shipping firm - says the affected staff will be notified next month.
NOL adds that details of the restructuring plan is being finalised but it has confirmed that " some positions will be expanded, reduced or re-deployed. Some jobs will be eliminated globally."
u must see who the chairman and shareholders mah.... this one die die must support.
too big to fail...
 
Hawkeye ( Date: 10-May-2012 14:50) Posted:
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NOL is a miracle shipping stock.
when reach 1.01 it will suddenly shot up to 1.15 and beyond
gavinl ( Date: 10-May-2012 12:16) Posted:
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Totally agreed.
Ditch Nol and SIA.
GuavaXF30 ( Date: 10-May-2012 12:05) Posted:
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This one can easily go below 1.00 if the market downtrend is intact.... 


wangerism ( Date: 10-May-2012 11:08) Posted:
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Actually, I'd rather skip all shipping, airlines, ship-building counters for now. Oil related plays are better I feel. So rig-builders are okay if they are not into cargo ships too much.
JUNWEI9756 ( Date: 10-May-2012 11:11) Posted:
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believe it or not .. it will turn green soon ... lol
Becoming penny share...
 
more like takin a rest before continue its journey...
 
tok kong action coming ?
looks like an upward reversal
trying to   break 1.29-1.295 resistance
Hope you guys have profited too.
eurekaw ( Date: 26-Mar-2012 12:53) Posted:
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Neptune  Orient  Lines,  the  world''s  seventh  largest
container  shipping  firm,  said  it  plans  to  offer  Singapore  dollar
(SGD)  denominated  perpetual  capital  securities.   
      Neptune  Orient  has  mandated  DBS  Bank  Ltd  ,  Hongkong
and  Shanghai  Banking  Corporation  Ltd  ,  Oversea-Chinese
Banking  Corporation  Ltd    and  Standard  Chartered  Bank
  as  joint  lead  managers  for  the  issue. 
container  shipping  firm,  said  it  plans  to  offer  Singapore  dollar
(SGD)  denominated  perpetual  capital  securities.   
      Neptune  Orient  has  mandated  DBS  Bank  Ltd  ,  Hongkong
and  Shanghai  Banking  Corporation  Ltd  ,  Oversea-Chinese
Banking  Corporation  Ltd    and  Standard  Chartered  Bank
  as  joint  lead  managers  for  the  issue. 
Anyone long or going to long this counter?