ShareJunction - Stock Forum Messages

COSCO SHP SG Last:0.123

+0.001

CoscoCorp

any resistance and support before it reaches 2.3 ?

Isolator ( Date: 30-May-2011 09:53) Posted:

My first TP is still at 2.30, and will review again once it hit....

haiyo master isolator..

why didnt allow it to go down to 1.91 for me to complete my collection?

i queued at 191-194 ma.. -_-

i only managed to collect some at 194

Isolator ( Date: 30-May-2011 09:53) Posted:

My first TP is still at 2.30, and will review again once it hit....

By the way, once again.... Trade at your own risk.... Enjoy

Me too i think the support at 1.89-1.91 should hold and start to chiong and so is noble... Hopefully

buy more!

My first TP is still at 2.30, and will review again once it hit....

What is the target price?

Isolator ( Date: 30-May-2011 09:47) Posted:

When you understand how strong is the support now, you will sure not to wait....

closed price

March 21 2011 1.87

March 23 2011 1.91

March 24 2011 1.95

Go down to 1.81-1.87 I buy

what is your tp to sell ?

Isolator ( Date: 30-May-2011 09:32) Posted:

Cosco will start to rebound today, and strongly....

Respect his advise, he was right 7 out of 10 times.

eplepl ( Date: 30-May-2011 09:20) Posted:

are u working in cosco ?

where do u get so many news ? or confirmed direction.....

Isolator ( Date: 28-May-2011 01:57) Posted:

If I say Cosco will be climbing up strongly next week.. Will anyone believe me? Dont understand why keep posting the same news here...Anyway, Expect the Unexpected.... Enjoy.... Smiley

Cosco will start to rebound today, and strongly....

are u working in cosco ?

where do u get so many news ? or confirmed direction.....

Isolator ( Date: 28-May-2011 01:57) Posted:

If I say Cosco will be climbing up strongly next week.. Will anyone believe me? Dont understand why keep posting the same news here...Anyway, Expect the Unexpected.... Enjoy.... Smiley

Hi,

Sevan drilling is a major customer to cosco.... at least 1 billion contract

Do you any idea how much zero are there in a billion?

rickyw ( Date: 29-May-2011 20:04) Posted:

u r right also...

Peg_li ( Date: 29-May-2011 19:43) Posted:

Why we focus on sevan marine so much, sevan drilling is just one of coscorp's custmers.

Coscorp has many customers,there is still hope that coscop can sign contract with sevan drilling.

even not sign, coscorp still can sign offshore business with other company.

as long as coscorp can perform well in offshore business, there is still huge potential room for coscorp price's

climbing up.

u r right also...

Peg_li ( Date: 29-May-2011 19:43) Posted:

Why we focus on sevan marine so much, sevan drilling is just one of coscorp's custmers.

Coscorp has many customers,there is still hope that coscop can sign contract with sevan drilling.

even not sign, coscorp still can sign offshore business with other company.

as long as coscorp can perform well in offshore business, there is still huge potential room for coscorp price's

climbing up.

rickyw ( Date: 29-May-2011 18:01) Posted:

Update news...

'White knight' rides in for Sevan

High-powered Norwegian investor Jens Ulltveit-Moe has reportedly acquired a stake in floundering floating production outfit Sevan Marine.

Upstream staff & News reports 27 May 2011 14:24 GMT

Apparently flouting analysts’ advice to steer clear of shares in the bankruptcy-threatened company, Ulltveit-Moe bought 26.5 million shares, equivalent to a 5% stake, through his outfit Umoe Shipping & Energy, TDN Finans reported.

However, he told the Norwegian wire service: “It is undoubtedly risky and there is an undoubted risk of bankruptcy here.”

The move may raise hopes of a rescue for cash-strapped Sevan, which has seen its share plunge on the Oslo Stock Exchange and is in urgent financial restructuring talks after a planned $275 million share issue was pulled.

The company faces a liquidity crisis as it struggles to service huge debts of about $950 million while facing increased upgrade costs for its trademark cylindrical floating production, storage and offloading unit Sevan Voyageur.

Ulltveit-Moe told TDN: ”The company has an impressive technological base and I know the founder. I feel that there is very much strength in the company in terms of competence and assets, although the financial structure is impossible.”

Sevan founder Jan Erik Tveteraas stepped down as chief executive of subsidiary Sevan Drilling earlier this week.

Why we focus on sevan marine so much, sevan drilling is just one of coscorp's custmers.

Coscorp has many customers,there is still hope that coscop can sign contract with sevan drilling.

even not sign, coscorp still can sign offshore business with other company.

as long as coscorp can perform well in offshore business, there is still huge potential room for coscorp price's

climbing up.

rickyw ( Date: 29-May-2011 18:01) Posted:

Update news...

'White knight' rides in for Sevan

High-powered Norwegian investor Jens Ulltveit-Moe has reportedly acquired a stake in floundering floating production outfit Sevan Marine.

Upstream staff & News reports 27 May 2011 14:24 GMT

Apparently flouting analysts’ advice to steer clear of shares in the bankruptcy-threatened company, Ulltveit-Moe bought 26.5 million shares, equivalent to a 5% stake, through his outfit Umoe Shipping & Energy, TDN Finans reported.

However, he told the Norwegian wire service: “It is undoubtedly risky and there is an undoubted risk of bankruptcy here.”

The move may raise hopes of a rescue for cash-strapped Sevan, which has seen its share plunge on the Oslo Stock Exchange and is in urgent financial restructuring talks after a planned $275 million share issue was pulled.

The company faces a liquidity crisis as it struggles to service huge debts of about $950 million while facing increased upgrade costs for its trademark cylindrical floating production, storage and offloading unit Sevan Voyageur.

Ulltveit-Moe told TDN: ”The company has an impressive technological base and I know the founder. I feel that there is very much strength in the company in terms of competence and assets, although the financial structure is impossible.”

Sevan founder Jan Erik Tveteraas stepped down as chief executive of subsidiary Sevan Drilling earlier this week.

Update news...

'White knight' rides in for Sevan

High-powered Norwegian investor Jens Ulltveit-Moe has reportedly acquired a stake in floundering floating production outfit Sevan Marine.

Upstream staff & News reports 27 May 2011 14:24 GMT

Apparently flouting analysts’ advice to steer clear of shares in the bankruptcy-threatened company, Ulltveit-Moe bought 26.5 million shares, equivalent to a 5% stake, through his outfit Umoe Shipping & Energy, TDN Finans reported.

However, he told the Norwegian wire service: “It is undoubtedly risky and there is an undoubted risk of bankruptcy here.”

The move may raise hopes of a rescue for cash-strapped Sevan, which has seen its share plunge on the Oslo Stock Exchange and is in urgent financial restructuring talks after a planned $275 million share issue was pulled.

The company faces a liquidity crisis as it struggles to service huge debts of about $950 million while facing increased upgrade costs for its trademark cylindrical floating production, storage and offloading unit Sevan Voyageur.

Ulltveit-Moe told TDN: ”The company has an impressive technological base and I know the founder. I feel that there is very much strength in the company in terms of competence and assets, although the financial structure is impossible.”

Sevan founder Jan Erik Tveteraas stepped down as chief executive of subsidiary Sevan Drilling earlier this week.

We must watch tomorrow trades, if can perform and hold it price level, I will add some more..

hpong5 ( Date: 29-May-2011 13:38) Posted:

Ya, just noticed that the price had fallen back to the level prior to the signing of letter of intent by sevan drilling. May really be a good time to enter now.