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4241-4260 of 5997
time to move up further babe .. laggard behind ....
Cosco Bullish Uptrend is confirmed!
see my analysis on Cosco
gurus,
what ya say this counter breaching 2.30 tomorrow?
I will cut loss by buying back in this kind of scenario, after all got profit right?
WOW!! What a way to start the new trading year!!
I sold my Cosco today staggered fr 2.18 to 2.23, 90 lots. I still keep 10 lots to see how far it will go .....
COSCO make my day!!
breaching 2.20 now....
On Friday, Cosco continue to trend upwards and closed at $2.14 with LOW volume of 2.59 million shares traded.
A black candle sticks with no upper/lower shadow affirms that traders have no hesitant in taking profit.
Both RSI & MACD are bullish as MACD perform a “golden cross” on 31/Dec.
Important Resistance of Cosco: $2.16
Immediate Support of Cosco: $2.08
Currently prices are supported by 20 days MA
From the charts, we could see that prices are forming an ascending triangle with “higher high” and “higher low”.
In fact, we are expecting Cosco...............
READ MORE
COSCO Corporation (Singapore) Ltd (the Company) announced that COSCO (Zhoushan) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured contracts valued over USD 100 million to build four (4) bulk carriers of 57,000 dwt each. The contracts are effective following receipt of the initial deposits from the European ship owner.
It refers to the announcement made by the Company on 15 June 2010 in relation to the 11 contracts and 4 letters of intent signed by COSCO ( Dalian ) Shipyard Co., Ltd. And COSCO ( Guangdong ) Shipyard Co., Ltd. to build a total of 15 units of bulk carriers. It announced that 2 of the letters of intent for 2 bulk carriers of 57,000 dwt each have become effective following, inter alia, the payment of the initial deposits by the ship owners. Deliveries of these two bulk carriers are expected to take place on January 2012 and April 2013. As announced by the Company on 18 June 2010, 5 July 2010, 14 July 2010, 22 July 2010, 1 November 2010 and including this Announcement, a total of 9 contracts and 2 letters of intent valued had become effective. The contracts and letters of intent valued over USD 300 million. The remaining 2 contracts and 2 letters of intent have lapsed/expired and therefore will not be effective.
It also announced that the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd (“CSG”) has ceased to have management control over Diesel Marine Dalian Ltd (“Diesel Marine Dalian”) and Diesel Marine International (Nantong) Co Ltd (“Diesel Marine International”), being companies in which CSG has an interest of 30%.
/sgxmasnet/
| Cosco wins contracts worth over US$100m |
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| WRITTEN BY THOMSON REUTERS |
| THURSDAY, 30 DECEMBER 2010 18:55 |
Singapore-listed Cosco Corp (COSC.SI) said on Thursday its 51% owned subsidiary Cosco (Zhoushan) Shipyard has secured contracts valued over US$100 million ($129 million) to build four bulk carriers of 57,000 dead-weight tonnes each. The bulk carriers are scheduled for deliveries from August 2012 to March 2013.
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/theedge/i read i post/
Will Cosco Bullish trend continue??? Beware of resistance at 2.2 level...
see my analysis on Cosco here
Cosco Shipping Co. rights offering approved
Shanghai: A rights offering by Cosco Shipping Co. has been approve by Chinese regulators. The Chinese shipowner said it received approval from the China Securities Regulatory Commission to sell 393m shares through a rights offer, according to an exchange filing by the Shanghai listed company, Bloomberg reported Cosco Shipping owns and operates 89 ships including heavy lift, semi-submersibles, ro-ro, multi-purpose, general cargo ships and pure car carriers. [21/12/10]
What happened to this counter? Dropped too much today.
Fack!
how come cosco corp drop seriously?
heavenade ( Date: 16-Dec-2010 18:18) Posted:
COSCO CORPORATION (SINGAPORE) LIMITED
(Company Registration No.: 196100159G)
INCREASE IN ISSUED AND PAID-UP SHARE CAPITAL OF SUBSIDIARY COMPANY,
COSCO (SINGAPORE) PTE LTD
The Board of Directors of Cosco Corporation (Singapore) Limited (the “Company”) wishes to
announce that the Company has on 16 December 2010 increased its investment in its
wholly-owned subsidiary, Cosco (Singapore) Pte Ltd, by way of subscribing for another
82,664,105 ordinary shares in its share capital through capitalising the balance of the loans
as at 30 April 2010 totalling to S$82,664,105.00 which were given to Cosco (Singapore) Pte
Ltd.
The issued and paid-up capital of Cosco (Singapore) Pte Ltd will be increased from
S$5,000,000.00 to S$87,664,105.00 through the aforesaid capitalization exercise.
The abovementioned transaction is not expected to have any material effect on the net
earnings per share and net tangible assets per share of the Company for the financial year
ending 31 December 2010.
None of the directors or substantial shareholders of the Company has any interest, direct or
indirect on the abovementioned transaction.
By Order of the Board
Jiang Li Jun
Vice Chairman/President
16 December
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COSCO CORPORATION (SINGAPORE) LIMITED
(Company Registration No.: 196100159G)
INCREASE IN ISSUED AND PAID-UP SHARE CAPITAL OF SUBSIDIARY COMPANY,
COSCO (SINGAPORE) PTE LTD
The Board of Directors of Cosco Corporation (Singapore) Limited (the “Company”) wishes to
announce that the Company has on 16 December 2010 increased its investment in its
wholly-owned subsidiary, Cosco (Singapore) Pte Ltd, by way of subscribing for another
82,664,105 ordinary shares in its share capital through capitalising the balance of the loans
as at 30 April 2010 totalling to S$82,664,105.00 which were given to Cosco (Singapore) Pte
Ltd.
The issued and paid-up capital of Cosco (Singapore) Pte Ltd will be increased from
S$5,000,000.00 to S$87,664,105.00 through the aforesaid capitalization exercise.
The abovementioned transaction is not expected to have any material effect on the net
earnings per share and net tangible assets per share of the Company for the financial year
ending 31 December 2010.
None of the directors or substantial shareholders of the Company has any interest, direct or
indirect on the abovementioned transaction.
By Order of the Board
Jiang Li Jun
Vice Chairman/President
16 December
global market all down leh....
| Cosco target raised by DBS Vickers to $2.76 vs $2.35 |
| WRITTEN BY DOW JONES & CO, INC |
| THURSDAY, 16 DECEMBER 2010 11:29 |
DBS Vickers lifts its target price for Cosco (F83.SG) to $2.76 from $2.35 after rolling forward its valuation to blended 2011-2012 earnings to align with its Singapore peers.
Keeps its Buy call and upgrades 2011 and 2012 earnings forecasts by 2% and 17% respectively to assume increased orders. Expects US$2.5 billion ($3.3 billion) worth of new orders in 2011 compared to its previous US$2.15 billion estimate.
Says Seven Drilling’s order in March for a second rig is a strong vote of confidence in Cosco; “we believe Cosco would be the forerunner of the growing offshore market in China.”
Shares are flat at $2.11. /theedge/
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Morgan Stanley sold Cosco today. I bought from them.
If there are a lot of Delivery and no Confirm Orders then not good.
If New orders come in then Good News, then we know Cosco management is working.
Normally Cosco had Chinese Govt support, its a state company anyway.
epliew ( Date: 10-Dec-2010 14:34) Posted:
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okay, bad news?
Hawkeye ( Date: 10-Dec-2010 14:29) Posted:
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Confirmed Orders increase order book, increase earnings and dividend payout
Confirmed Delivery means successful execution of job and also means reduction of order book, COSCO need to get more job if there are a lot of delivery.
Every order is like a project won and provide job for workers and profit for share holders and company. |
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okay, bad news?
Hawkeye ( Date: 10-Dec-2010 14:29) Posted:
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Confirmed Orders increase order book, increase earnings and dividend payout
Confirmed Delivery means successful execution of job and also means reduction of order book, COSCO need to get more job if there are a lot of delivery.
Every order is like a project won and provide job for workers and profit for share holders and company.
epliew ( Date: 10-Dec-2010 13:52) Posted:
| today friday, very few people bite this news |
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Confirmed Orders increase order book, increase earnings and dividend payout
Confirmed Delivery means successful execution of job and also means reduction of order book, COSCO need to get more job if there are a lot of delivery.
Every order is like a project won and provide job for workers and profit for share holders and company.
epliew ( Date: 10-Dec-2010 13:52) Posted:
today friday, very few people bite this news.
bsiong ( Date: 10-Dec-2010 13:49) Posted:
| Cosco delivers bulk carrier Shinyo Ayush |  |
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| WRITTEN BY THE EDGE | | FRIDAY, 10 DECEMBER 2010 13:07 | Cosco Corporation (Singapore) has delivered a bulk carrier of 80,000 dwt Shinyo Ayush, measuring 229.04 meters, 32.27 meters in breadth and 20.25 meters in depth, to its European buyer.
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