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3641-3660 of 5997
regretted selling 5lots @ 2.16, it then went up to 2.26
vow to keep the rest till 8.00!
when can i buy back ?
Exciting time hehehe .....
Never fail to impress!!
$2.26!! Strong uptrend with high volume confirmed. BBs are going nuts over this counter. Let us all hold tight and " forget" about taking profits for maximum returns...
50 lots ?
Isolator ( Date: 08-Apr-2011 10:23) Posted:
| Opportunity cost..... From a price of example of $2 to $3.... I would want to profit at least $5 instead of $1... |
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CS or CS's clients must be BUYING ? ? ? ?
You're spot on!! Too much of a coincidence that they announce underperform and then 2 days later chiong...
Peg_li ( Date: 06-Apr-2011 23:14) Posted:
maybe credit suisse want to buy this one!
shadowmoon ( Date: 06-Apr-2011 22:53) Posted:
Credit Suisse says COSCO is 'most expensive shipbuilder globally'
FOLLOWING ON COSCO’s letter of intent to build two semisubmersible rigs for Sevan Drilling, Credit Suisse has now raised questions on the attractiveness of the deal for the shipbuilder.
Credit Suisse said that based on Sevan Drilling’s investor presentation published on 3 April, the cost of hull and equipment of US$459 mn for two semisubmersible rigs is 20% lower than the Sevan Brasil rig under construction.
Hence, the profitability of this project for Cosco would be even lower than current contracts despite improved execution from the repeat order.
Furthermore, the back-end loaded payment structure of 20% payable on signing of firm contract and 80% at delivery means that the financing cost would be borne by Cosco, noted Credit Suisse.
There is a further unattractive feature: The signing of final contracts is subject to the listing of Sevan Drilling, and is expected by the end of May 2011.
The two newbuild rigs ordered are speculative and do not have contract coverage upon delivery. Options for two additional drilling units expiring in 1Q12 and 3Q12 have a similar price and payment structure, leaving little margin upside even if exercised.
Credit Suisse said it maintained its UNDERPERFORM rating and target price of S$1.60 for Cosco.
Another unfavourable comment from Credit Suisse was: “On 2011E P/E of 20x, Cosco remains the most expensive shipbuilder globally despite its poor execution track record.” |
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Opportunity cost..... From a price of example of $2 to $3.... I would want to profit at least $5 instead of $1...
Not necessary... Have been forgetting to take profit since I vested in '09...
Isolator ( Date: 08-Apr-2011 10:14) Posted:
| Too carry away may not be too good.... Got profit must remember to take.... |
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Resistance BROKEN!!!!
$2.22!!!!
Too carry away may not be too good.... Got profit must remember to take....
Resistance at 2.17 seems hard to break... Most likely because many have vested at ard 2.07-2.16 (high volume of 29.5M shares traded, more buy ups than sell downs). And those who bought between 1.80-2.07 would be profit taking now. For me, this counter is safe to keep as long as there are no major sell downs by BB... Not an inducement to buy or sell now..
On Thursday, Cosco re-test the resistance at $2.17 and closed at $2.17 with LOW volume of 7.044 million shares traded.
A black candle sticks with lower shadow affirms to profit taking from investors.
Both RSI & MACD are turning flat as RSI trend sideway.
Important Resistance of Cosco: $2.17
Immediate Support of Cosco: $2.09
Currently prices are supported by 100 days MA at $2.09
Today Cosco re-tes............
READ MORE
i sold off mine. not sure if i should buy back.
Are you vested, how many lots, what price?
It took less than 6 months (from Apr to Oct '07) to climb from $2.50 to $8... Popular counters like Cosco are potential multi-baggers because investors will simply choose the best and most well-known to invest in good times...
limkt009 ( Date: 07-Apr-2011 13:46) Posted:
| Realistically, can reach 300% or not, how long does it take to reach there? |
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Realistically, can reach 300% or not, how long does it take to reach there?
20x PE is SUPER CHEAP when compared historically!!!! In 2007 it was 70x!
300% upside to previous high. Buy!!!!
ozone2002 ( Date: 06-Apr-2011 23:06) Posted:
20x PE is SUPER EXPENSIVE!!!!!!!
advised to SELLL!!!!!
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maybe they sell and u bought ?
Peg_li ( Date: 06-Apr-2011 23:14) Posted:
maybe credit suisse want to buy this one!
shadowmoon ( Date: 06-Apr-2011 22:53) Posted:
Credit Suisse says COSCO is 'most expensive shipbuilder globally'
FOLLOWING ON COSCO’s letter of intent to build two semisubmersible rigs for Sevan Drilling, Credit Suisse has now raised questions on the attractiveness of the deal for the shipbuilder.
Credit Suisse said that based on Sevan Drilling’s investor presentation published on 3 April, the cost of hull and equipment of US$459 mn for two semisubmersible rigs is 20% lower than the Sevan Brasil rig under construction.
Hence, the profitability of this project for Cosco would be even lower than current contracts despite improved execution from the repeat order.
Furthermore, the back-end loaded payment structure of 20% payable on signing of firm contract and 80% at delivery means that the financing cost would be borne by Cosco, noted Credit Suisse.
There is a further unattractive feature: The signing of final contracts is subject to the listing of Sevan Drilling, and is expected by the end of May 2011.
The two newbuild rigs ordered are speculative and do not have contract coverage upon delivery. Options for two additional drilling units expiring in 1Q12 and 3Q12 have a similar price and payment structure, leaving little margin upside even if exercised.
Credit Suisse said it maintained its UNDERPERFORM rating and target price of S$1.60 for Cosco.
Another unfavourable comment from Credit Suisse was: “On 2011E P/E of 20x, Cosco remains the most expensive shipbuilder globally despite its poor execution track record.” |
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maybe credit suisse want to buy this one!
shadowmoon ( Date: 06-Apr-2011 22:53) Posted:
Credit Suisse says COSCO is 'most expensive shipbuilder globally'
FOLLOWING ON COSCO’s letter of intent to build two semisubmersible rigs for Sevan Drilling, Credit Suisse has now raised questions on the attractiveness of the deal for the shipbuilder.
Credit Suisse said that based on Sevan Drilling’s investor presentation published on 3 April, the cost of hull and equipment of US$459 mn for two semisubmersible rigs is 20% lower than the Sevan Brasil rig under construction.
Hence, the profitability of this project for Cosco would be even lower than current contracts despite improved execution from the repeat order.
Furthermore, the back-end loaded payment structure of 20% payable on signing of firm contract and 80% at delivery means that the financing cost would be borne by Cosco, noted Credit Suisse.
There is a further unattractive feature: The signing of final contracts is subject to the listing of Sevan Drilling, and is expected by the end of May 2011.
The two newbuild rigs ordered are speculative and do not have contract coverage upon delivery. Options for two additional drilling units expiring in 1Q12 and 3Q12 have a similar price and payment structure, leaving little margin upside even if exercised.
Credit Suisse said it maintained its UNDERPERFORM rating and target price of S$1.60 for Cosco.
Another unfavourable comment from Credit Suisse was: “On 2011E P/E of 20x, Cosco remains the most expensive shipbuilder globally despite its poor execution track record.” |
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