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agree ... when there is contract ... hopefully coming soon .. it will rise again ... UP!
TA chart shows rebound towards 0.93 on 30th NOV and 0.94 on the 7th Nov 2012.
Let's all hope for the best and may the investors and BB push it over .94 soon before Christmas ...
Merry Christmas to ALL who have vested!
Flyordie ( Date: 18-Dec-2012 17:34) Posted:
Definitely !
New123 ( Date: 18-Dec-2012 17:01) Posted:
| slowly will be inching up to $1.00... |
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Definitely !
New123 ( Date: 18-Dec-2012 17:01) Posted:
| slowly will be inching up to $1.00... |
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slowly will be inching up to $1.00...
1 unit of FPSO already costs 370M.The profit margin should be good..If they can secure a few more orders then will b very positive..
ruanlai ( Date: 17-Dec-2012 19:53) Posted:
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COSCO SECURES CONTRACT VALUED OVER USD370 MILLION FOR ONE
(1) UNIT FPSO
The Board of Directors of COSCO Corporation (Singapore) Limited (the
“Company”) is pleased to announce that COSCO Nantong Shipyard Co. Ltd., a
subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co.
Ltd., has secured a contract valued over USD370 million from a European
company to build one (1) FPSO.
The FPSO will measure 78 meters in diameter, 32 meters high and will have a
storage capacity of up to 400,000 barrels of oil. The FPSO is scheduled for
delivery in June 2015. |
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COSCO SECURES CONTRACT VALUED OVER USD370 MILLION FOR ONE
(1) UNIT FPSO
The Board of Directors of COSCO Corporation (Singapore) Limited (the
“Company”) is pleased to announce that COSCO Nantong Shipyard Co. Ltd., a
subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co.
Ltd., has secured a contract valued over USD370 million from a European
company to build one (1) FPSO.
The FPSO will measure 78 meters in diameter, 32 meters high and will have a
storage capacity of up to 400,000 barrels of oil. The FPSO is scheduled for
delivery in June 2015.
Cosco hit as low as 87c recently then it started to rebound yesterday, target 94.5c.
What is the end result then?
wesely2k ( Date: 23-Aug-2012 09:31) Posted:
| Shooting Star became Shooting Bird ! |
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Shooting Star became Shooting Bird !
Cosco increases Rates
21 Ağ ustos 2012 Salı 14:47
CHINA's flag carrier, Cosco, the world's fourth largest carrier, has announced a series of general rate increases for services from Asia to Europe, South America, South Africa and the US in September.
From September 1, rates for Far East-South Africa service will increase $250 per TEU and $500 per FEU.
Effective September 8, for the westbound Asia-Europe services from the Far East (including Japan) and Indian subcontinent to north west Europe and Mediterranean (including Israel, Lebanon, Syria, North Africa and the Black Sea), rates will increase US$400 per TEU, according to the company statement.
In regard to transpacific trade, Cosco will also increase its rates for general cargo from September 10 and for reefer cargo from September 15.
For all cargo moving from Asia to the US west coast and for intermodal cargo via west coast ports to destinations in California, Oregon and Washington states, rates will increase $400 per TEU, $500 per FEU, $563 per 40-foot high cube box and $633 per 45-foot box.
For all intermodal cargo and minilandbridge intermodal cargo via US west coast ports and Canadian ports to destinations other than those in the states of California, Oregon and Washington, rates will be up by $560 per TEU, $700 per FEU, $788 per 40-foot high cube box and $886 per 45-foot box.
For shipments moving via all-water routes to US east coast and Gulf ports and for all intermodal cargo via these ports, rates will increase $560 per TEU, $700 per FEU, $788 per 40-foot high cube box and $886 per 45-foot box.
Starting from September 15, rates for shipments from Far East to South America east coast will be up $500 per TEU and $1,000 per FEU and 40-foot high cube box.
Effective September 16, for the eastbound Asia-Europe trade, rates for shipments (including reefer cargo) from north west Europe and Mediterranean to the Far East and the Indian subcontinent will be up $150 per TEU and $300 per FEU.
http://www.turkishmaritime.com.tr
source: schednet
Cosco increases Rates
CHINA's flag carrier, Cosco, the world's fourth largest carrier, has announced a series of general rate increases for services from Asia to Europe, South America, South Africa and the US in September.
Advert
From September 1, rates for Far East-South Africa service will increase $250 per TEU and $500...
News
Giant Chinese VLCC pool in the offing
Dalian: SinoShip News has learnt that under the coordination of several
government departments, four state-owned oil tanker companies, Cosco
Dalian, CNOOC, China Merchants Energy Shipping and Nanjing Tanker, have
reached a preliminary consensus to establish an independent shipowner
company of giant proportions. The four companies will form a VLCC pool
that will ultimately have 50 newbuild VLCCs (around 16m dwt) by 2020.
Cosco Dalian, the tanker owning arm of Cosco Group, will build 20 VLCCs
, while CNOOC, China Merchant Energy Shipping and Nanjing Tanker will
each build 10 VLCCs.
A spokesperson for Cosco Dalian denied the creation of the pool.
China’s first ever shipping pool was launched this year for
semi-submersibles.
The VLCC pool is designed with two important aspects in mind for
Beijing. First, taking greater control of its oil supply chain and
secondly, providing the nation’s beleaguered shipbuilders with some much
needed work. [21/08/12]
COSCO CORPORATION SECURES CONTRACT VALUED OVER USD
TWENTY (20) MILLION FOR ONE (1) UNIT JACK-UP BARGE SEA-1250
不 是 乱 来 ， 我 叫 阮 铼 。
阮 （ RUAN） 不 是 乱 (LUAN)
Flyordie ( Date: 18-Aug-2012 20:10) Posted:
I like your nick - 乱 来
ruanlai ( Date: 18-Aug-2012 18:38) Posted:
Posted this counter good buy :
7 Aug - Nobody believed me
14 Aug - Somebody believed me
21 Aug - no need to post all believe me cos going to fly up back to $1.80 by end of years.....
Lol |
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I like your nick - 乱 来
ruanlai ( Date: 18-Aug-2012 18:38) Posted:
Posted this counter good buy :
7 Aug - Nobody believed me
14 Aug - Somebody believed me
21 Aug - no need to post all believe me cos going to fly up back to $1.80 by end of years.....
Lol |
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Whether it will go up to 1.80, usually for me, I won't put such target as we will need to base on each period of time to see if there is more buying interest in a particular stock, thus confirming that it will fly back to that price.
Eg: Once it touched Resistance Level, will it have support at that price? Once it goes to another resistance level, will it be sustainable, etc etc..
Anyway, this is my personal view only.
For now, congrats to those that have vested since 7 Aug.
Star-Trader
Posted this counter good buy :
7 Aug - Nobody believed me
14 Aug - Somebody believed me
21 Aug - no need to post all believe me cos going to fly up back to $1.80 by end of years.....
Lol
This was taken from my blog and probably is good to mention about how a stock is like nurturing a plant. Many times as I mentioned in another post in this forum, stock needs time to nurture and not by guessing game like betting :) , instead through technical analysis you will be able to at least observe some signals from there.
http://www.star-trader.blogspot.sg/2012/08/cosco-corp-technical-analysis.html Star-Trader
ruanlai ( Date: 07-Aug-2012 10:55) Posted:
Cosco Corp Technical Analysis
Cosco Corp, next stock in my radar.. The white marubozu candlestick that covered the previous black candlestick formed a bullish sentiment on this stock. Bullish divergence might be happening based on the Accumulation/Distribution line and also check the support and resistance level for this stock.. The support level I would think is 0.950 and 1.03 and 1.065 as the next pit stop to move further ahead.. If it can go through over 50 days moving average price and stays well above that price, this will be a good indication for more uptrend. Star-Trader
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buy before is gone.....
COSCO Corp Singapore (COS) is our selection of the day. From a chartist standpoint, the stock recently bounced off from the lower boundary of a MT bullish channel, and also broke above its previous resistance (the 50MA & a key psychological level at 1.00). Therefore, the upside potential has been opened to! wards 1.105, as long as 0.94 is not broken. In addition, the RSI (14) stands firmly above 50%, confirming a positive outlook.
i believe i mean close abv 1.06. watching this counter carefully.
cashiertan ( Date: 06-Aug-2012 15:13) Posted:
interesting stock. inside my stock watch list already. if can close abv 1.1 will be a good signal of reversal maybe in play. TP : $1.8 - 3.
S/L : 0.94 risk 11c for 70c to $1.9. good trade |
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