
have u covered ur short for cosco ?
Isolator ( Date: 16-Mar-2011 11:13) Posted:
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Your sharing is appreciated. :)
Isolator ( Date: 16-Mar-2011 16:35) Posted:
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Do you know I am already longing Cosco?? I am doing the buying to have my first target at 1.95... go go go...

tiancai007 ( Date: 16-Mar-2011 19:20) Posted:
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Cosco recoups losses cancellation not bad deal - DBS Vickers
Written by Dow Jones & Co, Inc     |
Wednesday, 16 March 2011 15:45 |
Written by Dow Jones & Co, Inc     |
Wednesday, 16 March 2011 15:45 |
Cosco Corp. (F83.SG) is flat at $1.84, recovering earlier losses (it hit an intraday low of $1.80) which came on news the shipbuilder had received a cancellation request from an Asian ship owner for a 79,500 DWT bulk carrier contract. 
DBS Vickers says “cancellations are not always bad news.” It understands that the ship owner is a shipping JV, where the partners decided to scrap the investment the companies were not facing any risk of bankruptcy. 
 
“We believe this is a one off cancellation as it is rare for ship owners to cancel an order during construction.” It notes, cancellation costs are high given the forfeit of a 20% deposit plus a 5%-10% penalty, so this cancellation is “not a bad deal” for Cosco. 
 
It estimates the contract price to be around US$50 million ($63.9 million), meaning “Cosco could lock in an immediate gain of US$12.5 million-US$15 million...in addition to this, we believe it makes sense for Cosco to continue building the vessel for a spot sale“.
 
DBS has a Buy call and a $3.16 target.
Looks like a dead cat rebounce, even YZJ closed 9 ct higher. Maybe you are wrong this time? 
Isolator ( Date: 16-Mar-2011 16:35) Posted:
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Learn to appreciate for any information share by anyone  whether it is against or same view of you....As final decision  is still lay  in your own hand....  Arrogant, sarcastic, hopocrite,  ignorant will not bring you any good.... Gd luck!
Let's see whether we can see 1.95 soon.... Enjoy...

FYI, I do not need to post here to gain my movement of price.... Only some who  have a peace of mind will know  how make use of  it....

Continue boast it!
here all rely on you!
hahaha!
admire you!
you are 高 人 !
Isolator ( Date: 16-Mar-2011 16:20) Posted:
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Just for thought.... Just 1  news, can have a lot of intepretations by different Analysis.... Every action of motive has been quietly executed in the markets... Just use the right tools to find them out, so that you can benefit it....
For me, I use my own methods and skill to enter or exit my trade without been affected by  any news or noises....  Only believe in what I can see from my screen....

now everybody rely on your blowing everyday!
hope your blowing can bring it up more!
haha!continue to blow it up!
Isolator ( Date: 16-Mar-2011 16:09) Posted:
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Cosco announced that it has received a cancellation request from an Asian shipowner for the contract of one 79.5k dwt bulk carrier. The vessel, which was supposed to be delivered in April 2012, has commenced operations since early 2011. As such, the shipowner agreed to pay a lump sum penalty in addition to deposit. We estimate the contract price to be c. S$50m. This means that Cosco could have lock-in an immediate gain of US$12.5m - US$15.0m for the cancellation. While we do not rule out the possibility of some cancellations and rescheduling going forward, it is not likely to be in a big wave. Maintain Buy and target price of S$3.16.
There is always a reason to make such annoucement...  On  News too for such small issue... someone want it big to create some movement in markets.... So  just hold tight....
Today will close up.... go go go 1.95......

Today coscorp performance really lousy, like rubbish!
The facking management anouncement really is not at right time!
 
No worry... it wont be too long to reach 1.95....  Vrooooom...

Long-ed... waiting for that upside to come. :)
Isolator ( Date: 16-Mar-2011 14:35) Posted:
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Your stop will not be triggle for sure....  Ok, let's see whether we are fool or the Great.... Cosco UPPPP.... smash the shortie backside.... to ride faster.... lol

i join you today. for the following reasons: gap up today and divergence in macd. 1.95  is also my  target. my sl is 1.7. 

Isolator ( Date: 16-Mar-2011 14:06) Posted:
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How come when long, there seems not many here still long....It seems like I always alone... I need to shout for UP... 1.95....  by myself... lol....
yes, i remember your 1.80......
but from what i see, support is at 1.83 and then 1.77...... maybe i'm wrong and you are right

Isolator ( Date: 16-Mar-2011 11:13) Posted:
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Cosco CANCELLATION OF ORDER ignite back 2007 dillemma where COSCO free fall in Oct 2007 from $8.00 to $0.69 Oct 2008.
Its a lousy time for cancellation or is it related. There is no clarification. HOW many more orders to go?
and JAPAN
Last Defense at Troubled Reactors: 50 Japanese Workers
By KEITH BRADSHER and HIROKO TABUCHI
Published: March 15, 2011
http://www.nytimes.com/2011/03/16/world/asia/16workers.html?hp
HOPE is very expensive at this moment!
eastcivic ( Date: 16-Mar-2011 11:07) Posted:
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