
this one will take a long time to heal,
i sold this crap when it was $8+++.
guess it will never shine again until 14years later when the shipping industry need to replace their fleet again.
2.12 liao

Isolator ( Date: 08-Nov-2010 14:10) Posted:
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Written by The Edge |
Monday, 08 November 2010 15:40 |
Deutsche Bank prefers regional shipbuilders vs shippers; says newsflow on shipbuilders likely to be more positive over next six months as dry bulk shippers continue to order, container shippers turned to profit after not ordering in past two years, says Dow Jones. Also Deutsche Bank expects LNG/offshore orders to pick up, says between Chinese, Korean shipbuilders, “Better outperformance lies with the Chinese because of the various Chinese government support measures.” Top buy picks are Yangzijiang (BS6.SG), Cosco Corp (F83.SG). Reckons shipping stocks likely to struggle next six months; tips dry bulk shipping sector “to continue suffering from an oversupply situation in 2011. Hence we expect dry bulk shipping rates to correct downwards after (seasonal) run-up in 4Q.” Adds, container shipping rates started to turn down, will continue trending down in seasonally weak 4Q. Tips long shipbuilders/short shipping pair trade, specifically long Cosco/short NOL (N03.SG). To create link towards this article on your website, copy and paste the text below in your page. Preview : Long on shipbuilders but short on shipping: Deutsche Bank Monday, 08 November 2010 © 2010 - The Edge Singapore |
Last Updated on Monday, 08 November 2010 15:42 |
Written by The Edge |
Monday, 08 November 2010 15:40 |
Deutsche Bank prefers regional shipbuilders vs shippers; says newsflow on shipbuilders likely to be more positive over next six months as dry bulk shippers continue to order, container shippers turned to profit after not ordering in past two years, says Dow Jones. Also Deutsche Bank expects LNG/offshore orders to pick up, says between Chinese, Korean shipbuilders, “Better outperformance lies with the Chinese because of the various Chinese government support measures.” Top buy picks are Yangzijiang (BS6.SG), Cosco Corp (F83.SG). Reckons shipping stocks likely to struggle next six months; tips dry bulk shipping sector “to continue suffering from an oversupply situation in 2011. Hence we expect dry bulk shipping rates to correct downwards after (seasonal) run-up in 4Q.” Adds, container shipping rates started to turn down, will continue trending down in seasonally weak 4Q. Tips long shipbuilders/short shipping pair trade, specifically long Cosco/short NOL (N03.SG). To create link towards this article on your website, copy and paste the text below in your page. Preview : Long on shipbuilders but short on shipping: Deutsche Bank Monday, 08 November 2010 © 2010 - The Edge Singapore |
Last Updated on Monday, 08 November 2010 15:42 |
Isolator ( Date: 08-Nov-2010 16:14) Posted:
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bluetooth ( Date: 08-Nov-2010 15:41) Posted:
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$2.1 coming soon, dun block , those who wanna sell sell now ...
aleoleo ( Date: 08-Nov-2010 11:18) Posted:
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Because he,Quek Leng Chan is based in KL not SGX.....
crystal1818 ( Date: 08-Nov-2010 15:28) Posted:
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Thanks.
Pardon for asking, I don't see QLC in SGX.
chris168 ( Date: 08-Nov-2010 14:56) Posted:
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True @ Isolator
I am gonna realize profit soon. Q3 result is out and I have met my target for Cosco (2.05). :D Time to invest in other stocks.
I might come back for me when it dips though!
crystal1818 ( Date: 08-Nov-2010 14:21) Posted:
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GLE - GuocoLeisure
QLC - Quek Leng Chan of Hong Leong Gp
crystal1818 ( Date: 08-Nov-2010 14:21) Posted:
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I'm a short term investor.
Ok, thanks.
What is GLE stands for? I couldn't find this stock.
chris168 ( Date: 08-Nov-2010 13:17) Posted:
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Yes don't chase stocks.
One stock that comes to mind is GLE which is more for longer term and might not suit you. For short term or intraday trading BT and guys at GSP thread have lots of ideas.
QLC might want to pravitise GLE. He is collecting ... the lastest round at abt 0.68. I did at 0.63 after he have done some and still hold ... if it drops I will buy more.
crystal1818 ( Date: 08-Nov-2010 12:16) Posted:
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