Neptune Orient L Rg   

NOL

Strange - Why buy NOL and sell STX PO LOL?????

 Personally, I rather invest in a dry bulk shipping counter - Mercator. Commodities is still in hot demand unlike electronics, cars or equipments. This is why most dry bulk shippers are still PROFITABLE!

 

Remaining news from below article that was missed out:

Specifically, Citigroup is predicting:


 

“The STI will likely edge higher in early 2010, driven by a synchronized global recovery, inventory restocking and continued accommodative fiscal and monetary policies.

”Opening of the two integrated resorts (Marina Bay Sands & Resorts World), a strategic February budget (reflecting outcome of Economic Strategies Committees) and possible early elections are potential catalysts.

“But the STI rally may stall from mid 2010 as monetary tightening starts, fiscal stimulus fades and inventory restocking ends.

”The scope, scale and synchronized nature of global stimulus withdrawal next year would probably be unprecedented.”

It is underweight on property developers and land transport; and neutral on telcos, media and REITS.

Its top sell recommendations are Keppel Land, CCT and STX Pan Ocean.

 

 

TAKE NOTE:   CITIGROUP SAYS: Overweight financials, marine, healthcare in 2010

Written by NextInsight Team

Friday, 11 December 2009

“The STI will likely edge higher in early 2010, driven by a synchronized global recovery, inventory restocking and continued accommodative fiscal and monetary policies. ”Opening of the two integrated resorts (Marina Bay Sands & Resorts World), a strategic February budget (reflecting outcome of Economic Strategies Committees) and possible early elections are potential catalysts. “But the STI rally may stall from mid 2010 as monetary tightening starts, fiscal stimulus fades and inventory restocking ends. ”The scope, scale and synchronized nature of global stimulus withdrawal next year would probably be unprecedented.” It is underweight on property developers and land transport; and neutral on telcos, media and REITS. Its top sell recommendations are Keppel Land, CCT and STX Pan Ocean. Citigroup has a target price of S$14.06 on DBS. FOR 2010, Citigroup analysts Chua Hak Bin and Ivan Lim recommend overweighting financials, offshore marine and healthcare. The foreign broker’s top buy calls are DBS, UOB, SGX, Keppel, NOL, ST Engineering, Parkway and AREIT. Its target for the STI is 3,250, based on 1.78 X price to book in 2010, or a modest upside of about 15%. Should Singapore’s GDP growth exceed its current estimates of 6.5% for 2010 by two percentage points (8%), Citigroup believes that the bull-run will continue. Specifically, Citigroup is predicting:

 

If the 'doubledip' comes true, 50c may indeed be a reasonable entry price for a long-term hold...  

 

 

do u know a few years back temasek bought @ $3. if realli 50c, i will buy buy buy 

 

If the 'doubledip' comes true, 50c may indeed be a reasonable entry price for a long-term hold...  

 

 

50 cents i buy :)

grandmaster89      ( Date: 08-Dec-2009 01:09) Posted: Personally dry bulk shipping is far more appealing that container shipping at the moment. Container Shipping is being hammered for the 2 reason - Demand: USA and Western consumers are unwilling to buy more consumer and electronic products due to the rising unemployment. Emerging countries do not have the size to become net importers yet. As a result, container shipping has taken a hit. Supply: Alot of container ships were ordered in 06-08. Most of this ships are just rolling out of the shipyards. The increase in the number of ships (6% growth this year) will hit the freight rates hard! So you can imagine, a drop in demand and massive rise in supplies. Any economics student will point out a massive plunge in rates ahha! Bulk Shipping on the other hand deals with the transport of commodities - iron ore, grains, coal, oil, wood etc Currently, I would much rather long counters like STX PO or Mercator.

 

Personally dry bulk shipping is far more appealing that container shipping at the moment.

Container Shipping is being hammered for the 2 reason -

Demand: USA and Western consumers are unwilling to buy more consumer and electronic products due to the rising unemployment. Emerging countries do not have the size to become net importers yet. As a result, container shipping has taken a hit.

Supply: Alot of container ships were ordered in 06-08. Most of this ships are just rolling out of the shipyards. The increase in the number of ships (6% growth this year) will hit the freight rates hard!

So you can imagine, a drop in demand and massive rise in supplies. Any economics student will point out a massive plunge in rates ahha!

Bulk Shipping on the other hand deals with the transport of commodities - iron ore, grains, coal, oil, wood etc

Currently, I would much rather long counters like STX PO or Mercator.

 

Good investing is not investing in time, but in right timing...

 

wongkz      ( Date: 07-Dec-2009 23:29) Posted: 不是不涨, 是时辰未到 patience is the key.

 

不是不涨, 是时辰未到

patience is the key.

 

I do agree. I picked shares whereby pple avoided especially the blue chips. it'll bear fruits in long run. those who chase after running bulls is dangerous. 

 

Bad outlook means it may chiong soon... 

Generally speaking, if outlook is considered good by the masses, then prepare for a profitable short... 

soloman      ( Date: 07-Dec-2009 21:44) Posted: THIS SHARE CAN GO DOWN BIG TIME ............ VERY BAD OUTLOOK ....................

 

Yup see this news b4 already.

But currently recovery may provide some light in the darkness for NOL.

Anyway economy seems to start with recovery with semi-com picking up well.

I feel its time to collect NOL now. Next year when recover, u want at this price.............

i don't thk u can get it. (my opinion)

soloman      ( Date: 07-Dec-2009 21:39) Posted: Page 8 | 29 October 2009 | 3Q 2009 Performance Review In view of the severity of the downturn in container shipping, the company expects to incur significant losses in the fourth quarter of 2009 and at least through the first half of next year.Despite the cost saving measures that have been implemented and recent improvements in volumes and freight rates in certain trade lanes, NOL anticipates a continuation of adverse business operating conditions.

 

THIS SHARE CAN GO DOWN BIG TIME ............

VERY BAD OUTLOOK ....................

 

Page 8 | 29 October 2009 | 3Q 2009 Performance Review

In view of the severity of the downturn in container shipping, the company expects to incur significant losses in the fourth quarter of 2009 and at least through the first half of next year.Despite the cost saving measures that have been implemented and recent improvements in volumes and freight rates in certain trade lanes, NOL anticipates a continuation of adverse business operating conditions.

 

Its amaze that u can forecast more loss in next qtr.

I am more positive bc of christmas season & current ramp up in semi-con sector.

I foreseen possible recovery in next qtr. Even if there is loss, might be minimum............

(My opinion)

soloman      ( Date: 07-Dec-2009 18:04) Posted: Sorry lah, next qtr even more losses losses continue to 1H2010 at least not the time to buy

 

Sorry lah, next qtr even more losses

losses continue to 1H2010 at least

not the time to buy

 

Any view on NOL will recover on next quater ?

 

Market is recovering, Christmas season coming also............ Order books UP

So NOL business should also start to see better recovery.

 

 

Good call indeed, may still have some upside to run...