COSCO SHP SG    Last:0.122    +0.001

CoscoCorp

i am looking at this SAR's breakout at $3..

wanna see if this is a fake or real breakout..

do u monitor SAR ? master isolator

Isolator      ( Date: 31-May-2011 14:53) Posted: Yes... Never use all bullets in a trade no matter how sure you are... We must always have reserve or free equity for other trades....

 

Yes... Never use all bullets in a trade no matter how sure you are... We must always have reserve or free equity for other trades....

 

i already taken the risk la..

i am not cash rich.. so i need to a bit more conservative, meaning i shouldnt put all my bullets into this ship :)

Isolator      ( Date: 31-May-2011 14:41) Posted: To me... This is a rare opportunity to buy at bottom under uptrend support rebound.... I am willing to take such risk to have a very beautiful returns later on..... Such opportunity do not always happen.... Anyway, trade at your own risk...Enjoy....

 

To me... This is a rare opportunity to buy at bottom under uptrend support rebound.... I am willing to take such risk to have a very beautiful returns later on..... Such opportunity do not always happen.... Anyway, trade at your own risk...Enjoy....

 

using cfd la.. i can hold until next year :P

somemore i only bought a bit..

not bought enough ar.. hm..

like i said lo.. this ship better go down to 1.90-1.91 to fetch another half of me..

or go up to unload another half of me...

dnt get stuck there.. it's boring ..

yawns

Isolator      ( Date: 31-May-2011 14:32) Posted: Yawns because you did not bought enough or you cannot hold? lol

 

go go go 1.9. bears flex your muscles. lol

 

u asking me ah? haha. q-ing now. donno can get anot. i play small small only. not enough capital le. haha.

Isolator      ( Date: 31-May-2011 14:32) Posted: Yawns because you did not bought enough or you cannot hold? lol

 

Yawns because you did not bought enough or you cannot hold? lol

 

i think it will move up. caveat emptor.

 

yawns..

 

Buying is normal not strange.... Already bottom that's why must buy and also cover back short position... Breaking 2.01 and then go to  2.30....

 

Look like strange buys again, dip before close???????

 

DBS Group Research . Equity 31 May 2011

BUY S$1.93 STI : 3,140.60
Price Target : 12-month S$ 2.86
Reason for Report : Major contract wins
Potential Catalyst: Offshore contract wins, earnings execution

Orders flowing through
• Share price overreacted to newsflow on Cosco Group and Sevan Marine Maintain BUY and S$2.86 TP. • Cosco clarifies there is no impact from Sevan Marine’s
financial distress.
• The effectiveness of Cosco’s biggest contract worth US$1.05bn from Sevan should be neutral to positive for Cosco.
• Secured US$114m topside module contract for Octabuoy, raising YTD wins to US$1.8bn or 72% of our assumption. Concerns were overblown. Cosco’s share price seems to have overreacted to newsflow over the past one week on Cosco Group’s immaterial disciplinary violations and Sevan Marine’s financial difficulties. In spite of yesterday’s positive announcements of sizeable contract wins and management’s
clarification on Sevan mid-day, share price closed 1 Scent lower. In our view, the current price level offers a good entry point into Cosco ahead of more contract wins and as the jitters subside. Sevan’s payments on schedule. Cosco clarified that all of the existing Sevan-related rigbuiling contracts are with Sevan Drilling and not with the parent company - Sevan Marine. In addition, Cosco has reassured investors that payments to-date from Sevan Drilling have all been made in accordance with payment
schedules.
YTD wins amount to US$1.8bn. Following the finalisation of
Sevan’s US$1.05bn worth of contracts and the award of a
US$114m order for Octabuoy topside module from ATP, Cosco’s
YTD wins have been lifted substantially to US$1.8bn, forming
72% of our assumption. The finalisation of the single largest
offshore contract from Sevan should be positive to Cosco as it
raises its profile in the global offshore stage. However, we
acknowledge that Sevan Drilling’s weak balance sheet and short
operating track record are key concerns to be monitored.

 

My view for COSCO is very bullish... It is behaving within accordingly... And I am sure it is going to retest 2.01 again very soon and then to 2.30....

 

Change of view?

Isolator      ( Date: 31-May-2011 10:54) Posted: Today seems very quiet.... Storm coming?? Expect the unexpected....

 

I Think BBs cahed out and out for holiday.... hopefully when back will put it back onto cosco ship

 

This is what most traders see.... Try to  adjust some  numbers and draw a line properly,  you will see why there is a strong support for rebound...

 

this is the how i see it too.. waiting for 1.32 to long

marubozu1688      ( Date: 31-May-2011 11:27) Posted: Sorry guys to spoil the mood... I have a slightly bearish view on Cosco corp base on chart pattern. http://mystocksinvesting.com/singapore-stocks/cosco-corp/cosco-double-tops-formation/ Isolator      ( Date: 31-May-2011 10:37) Posted: The invisible hand will enter soon... The fruit of longing Cosco will pay very soon...

 

Sorry guys to spoil the mood... I have a slightly bearish view on Cosco corp base on chart pattern.
http://mystocksinvesting.com/singapore-stocks/cosco-corp/cosco-double-tops-formation/

Isolator      ( Date: 31-May-2011 10:37) Posted: The invisible hand will enter soon... The fruit of longing Cosco will pay very soon...

 

Today seems very quiet.... Storm coming?? Expect the unexpected....