
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B76B6063FD9C209C482578700025BC04/$file/Tender_Rig_13042011.pdf?openelement
New contract around US$66 million for one tender rig!
Dont take too long... good to short now...
Taking my time to sell ...
Sold 10 lots 2.32. Queue 10 lots at 2.33 now .... keep the last 10 lots see how, for the last part of excitement?
Interesting! every 10 lots is 5k hmmm ...
 
i think now is not juicy peak to short..... but i could be wrong.....
eplepl ( Date: 13-Apr-2011 12:22) Posted:
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Maybe can reach new heights? Break 2.40 maybe?
time to take profit and short it ?
isolator where are u !
stocksburntme ( Date: 13-Apr-2011 12:12) Posted:
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time to move again!
NOT going to make money ? u must be joking as i am making money now, 2.3 to break soon, cheers
CheongCK ( Date: 13-Apr-2011 09:41) Posted:
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Read Below, its implying that if China made to be Shipbuilding Power house.
Its not going to make money.



China is doing its best to become world's shipbuilding powerhouse during the Chinese government's 12th five-year development plan from 2011 to 2015 after it succeeded in lifting itself to one of the world shipbuilding giants during the 11th five-year plan.
Under the current situation, China's shipbuilding industry encounters six main challenges to overcome ▲ uncertainty about China's and global economic development, ▲ long-lasting shortage of demand in the international market, ▲ intensified competition day by day among shipbuilders, ▲ new regulations and policies of the international shipbuilding industry, ▲ price increase in raw materials and labor cost and ▲ inflation pressure and price instability due to the appreciation of the yuan.
The concrete target of China's shipbuilding industry during the 12th five-year plan is to upgrade China's shipbuilding industry to the world best class level with CNY 1trn ($153bn) in profit and 40% market share by 2015.
Plus, China aims to enhance independent innovation ability, to meet more than 50 of the international standards, to create world leading brand, to lead China's top 10 shipbuilders to occupy over 70% market share of China's total, to place six Chinese shipyards on the world top 10 shipbuilder list and to localize more than 80% of ship equipment and facilities.
Published : April 13, 2011
      Stocks and factors to watch:   
      -- COSCO CORP < COSC.SI>    
      - Shipbuilder COSCO Corporation said its unit has secured a
contract with Seadrill < SDRL.N> to build a drilling rig valued
at $66 million. [ID:nSNZwdwbx]
      -- COSCO CORP < COSC.SI>    
      - Shipbuilder COSCO Corporation said its unit has secured a
contract with Seadrill < SDRL.N> to build a drilling rig valued
at $66 million. [ID:nSNZwdwbx]
think tomorrow down again. sad.
Moving up first tier
• Sevan’s stronger financials post-IPO eases potential
default risk.
• Good track record and successful penetration into first
tier operators raise Cosco’s profile on the global stage.
• Expect strong price catalysts from robust offshore
contract flows.
• One of our top picks for the year Reiterate BUY with
TP of S$3.16.
• Sevan’s stronger financials post-IPO eases potential
default risk.
• Good track record and successful penetration into first
tier operators raise Cosco’s profile on the global stage.
• Expect strong price catalysts from robust offshore
contract flows.
• One of our top picks for the year Reiterate BUY with
TP of S$3.16.
well supported, should retain the uptrend
Japan 7.1 quake. 
today's gain all gone....
sorry.. but what do u mean?
pharoah88 ( Date: 11-Apr-2011 13:12) Posted:
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ANALYSTS  COSCO   CONDEMNED 
NEW MANAGEMENT
as
INCOMPETENT.
Is this a T R A P ? ? ? ? 
possible to break 2.3 this week?
Very true.....takes money on the table when it has reached your tp, totally insensitive after cashing out even if the px comtinue to climb....if you do, it will affect your trading strategically.   
In trading, you cannot always Sell at the Best Price. As long as you made a profit, it's already very good.
The worst thing is to watch your profits turn into losses.
It's never wrong to take profit.
lucky168 ( Date: 09-Apr-2011 21:52) Posted:
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