COSCO SHP SG    Last:0.124    +0.003

CoscoCorp

HUAT AH --- Dont worry ah

 

I support Cosco leh..... U think i will let it fall ?

marubozu1688      ( Date: 16-Feb-2011 21:55) Posted: Sorry to spoil the mood. Cosco may be sinking soon! http://mystocksinvesting.com/singapore-stocks/cosco-corp/cosco-break-up-trend-support/

 

not vested in it yet.. might consider getting some after i clear my nol for the coming result.. i like it when u share stuffs like this.. coz it always make me scare but make me more eager to try and proof that it's wrong.. and so far..  the link u posted are mostly wrong? as in it didnt happen as expected by the analysist.lol just sharing my 1 cent worth..

marubozu1688      ( Date: 16-Feb-2011 21:55) Posted: Sorry to spoil the mood. Cosco may be sinking soon! http://mystocksinvesting.com/singapore-stocks/cosco-corp/cosco-break-up-trend-support/

 

Sorry to spoil the mood.

Cosco may be sinking soon!
http://mystocksinvesting.com/singapore-stocks/cosco-corp/cosco-break-up-trend-support/

 

 

 

 

Woot Zhou Yu I love you :P

HUAT AH -- I hope u guys are making tons of money in this baby.

 

CoscoCorp CHIONG AH --- SOMEONE EAT UP 2.13 PLS

 

HUAT AH

 

 

Cosco Corp (COS SP S$2.11) Cosco is bidding aggressively in the offshore space against Singapore yards as seen in recent bids for Maersk CJ70 harsh-environment rigs (that were awarded to Keppel Corp). We believe it will benefit from the recent rush in premium jack-up rig orders given its long-time ambition to establish a track record in the offshore space. We believe that as Singapore yards get booked out progressively, rig owners may start to source from second-tier yards such as Cosco with some prior experience in rig-building. Cosco is due to announce 4Q10 results on 22 Feb. We forecast net profit of S$50m (+260% yoy, -10% qoq) similar to consensus. The qoq dip would be due to lower revenue from fewer vessel deliveries. Shipbuilding GPM could continue inching up to 6.5-7%. We believe Cosco will benefit from the recent rush in O& M orders given its capacity and long-time aspiration to move into the offshore space. Catalysts are further order wins, in our view. Reiterate  Outperform,  target price  of  S$2.63  (25% upside).

cimb

 

 

whos that idiot keep withdrawing buy Q.....

 

Full Year Results looks Good. HUAT AH ... FINALLY MOVING

 

wierd ... got contract and it still drop....

Results to be release soon. Prices seems bottom. and people are collecting.

BOSAYOR.

 

Cosco: 51% owned subsi Cosco Shipyard has secured 3 orders and 1 option to build USD113m worth of special purpose carriers. The 3 orders are scheduled for delivery btwn Feb 2013 and Feb 2014. Option will expire by end of June 2011. More on Chinese shipbuilders in Deutsche report.

Chinese Shipbuilding: Deutsche issue report noting healthy enquiries for containership and expects firm demand driven by positive macro outlook and relatively manageable global order book, 25% of total fleet below average of 32% in 1995-2010. Top picks include Buy, YZJ TP$1.90, Cosco TP$2.15 and HK counter China Rongsheng TP HK$7.45.

YZJ has indicated enquiries for dry bulk remain healthy despite falling Baltic rates, mainly from Chinese customers who wish to reduce reliance on charterers. Consolidation is expected in shipyard space due to recent order cancellations at smaller yards and re-ordering at larger yards. House also expects a stronger economy to lift sentiments of vessel owners and flow down to pricing power on end of shipyards.

On additional news, BDI rose to a 3-wk high on demand to transport S.American cargoes, advancing 30 pts (+2.5%) gaining for a 7th day.

 

On Tuesday, Cosco re-test the resistance at $2.16 and closed at $2.09 with LOW volume of 8.14 million shares traded.

A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.

Both RSI & MACD are bearish as RSI trend downwards sharply.

Important Resistance of Cosco: $2.16

Immediate Support of Cosco: $2.00

Currently prices are supported by 100 days MA

On 11/Feb, the critical support at.....................READ MORE

 

Singapore’s Cosco Corp wins $144.8m worth of contracts

WRITTEN BY THOMSON REUTERS

TUESDAY, 15 FEBRUARY 2011 17:42

Singapore-listed Chinese shipbuilder Cosco Corp (Singapore) (COSC.SI) said on Tuesday it had won contracts worth over US$113 million ($144.8 miliion) to build special purpose carriers.

 

Bullish reversal detected!

read my analysis on Cosco

 

Hmmmm, very good bet!!

I suppose the market want us to have a HAPPY LNY.

GONG XI FA CAI

chris168      ( Date: 27-Jan-2011 12:54) Posted: Bought Cosco ytd, GSP and Nobel as well when the price looked attractive again. Taking a bet on Q4 results .....

 

hear say from UOBKH:Expect minimal impact from Korea Line’s receivership. Korea Line filed for a court receivership three days ago. We expect this to have little impact on the Chinese shipyards as the bulk of the company’s ship orders were placed to South Korean and Japanese shipyards. COSCO Corp has announced it has no orders from Korea Line. While there has been no announcement from Yangzijiang Shipbuilding (YZJ), Clarksons database suggests the company has no ship orders from Korea Line.

Maintain BUY on COSCO (S) and YZJ. All large Chinese shipyard groups are builders of dry bulk carriers. We prefer yards that are positioned in the offshore and containership segments (we view these as near-term growth segments). We believe in the event of a dry bulk carrier contracting lull, they will win other types of orders with capacity diverted to other ship types. Hence, our BUY calls on COSCO (S) (COS SP/BUY/Target: S$2.50) and YZJ (YZJ SP/BUY/Target: S$2.37). Some 60% of COSCO (S)’s US$2b worth of contract wins in 2010 were offshore structure/vessel orders with the balance 40% from dry bulk carrier orders.


 

 

Bought Cosco ytd, GSP and Nobel as well when the price looked attractive again.

Taking a bet on Q4 results .....

 

Cosco unit delivers 57,000 dwt bulk carrier to Asian buyer

WRITTEN BY THE EDGE

WEDNESDAY, 26 JANUARY 2011 22:27

Cosco Corporation (Singapore) says Cosco (Guangdong) Shipyard Co. has delivered a 57,000 dwt bulk carrier Marine King to its Asian buyer. The bulk carrier measures 189.99 meters in length, 32.26 meters in breadth and 18.00 meters in depth.

 

SINGAPORE, Jan 26 (Reuters) - Shares of Singapore-listed Chinese shipbuilder Cosco Corp (Singapore) fell as much as 2.6 percent on Wednesday to a two-month low, weighed by news that Korea Line Corp <003490.KS> had filed for receivership.

At 0220 GMT, shares of Cosco were down 2.2 percent at S$2.26 with over 5.1 million shares changing hands. South Korea's Korea Line said on Tuesday it had filed for receivership, squeezed by a sharp drop in dry-bulk rates and growing global vessel deliveries ordered before the economic turmoil of 2008.

"This has put some pressure on Cosco, which owns dry bulk ships, as Korea Line has filed for receivership because of falling Baltic rates. Investors are selling as things are starting to look skittish," said a local trader.

(Reporting by Charmian Kok; Editing by Kevin Lim) ((charmian.kok@thomsonreuters.com)(+65 6403 5666)(Reuters Messaging: charmian.kok.reuters.com@reuters.net))