Neptune Orient L Rg   

NOL

Hey singaporegal, thnx for your TA point of view.....
I think NOL has reach it recent high at the moment.... will see how it goes tomorrow to confirm the long term direction.......

but some how I smell something is coming out soon.... I'm might be wrong!!

 

Signals changed... may be on uptrend now.

 

SINGAPORE, March 12 (Reuters) - Singapore''s Neptune Orient
Lines , the world''s eighth-biggest container shipping
firm, has set up a $300 million credit facility for general
corporate needs, sources close to the deal said on Monday.

  The seven-year loan is structured as a revolving credit for
the first three years and will then convert into a term loan for
last four years, a banker told Reuters.

Wonder why they need so much money for?

 

alomak EastonBay, aft I let go NOL still seem to be strong in cheonging!!!!

 

congratulation YongJiu... for making handsome 'kopi' liu..

 

hi noobie, thnx for your observation... indeed I also notices the forming of the double top..... so this morning I devested out all my NOL holding and waiting for the better return timing!!

Hope it won't sail to north too far at this period....

 

looks like a double top is forming?

singaporegal, your view?

am still learning TA.

 

in some way the shipping industry never decline in the first price,
only stock price decline for last yrs, so there is no industry recovering as well.

 

Convergence in TA charts... not a good sign. 

 

Actually I don't understand how NOL can climb and sustain at such high level. It didn't announce stellar results, crude oil is slowing crippling upwards therefore the is downward pressure on it's margin, freight rate is supposed to be climbing slightly but overall supply has also increased.  Not that I don't want it to climb, I'm just puzzled. Can anyone enlighten, please, thank you. 

 

NOL is getting more pretty & beautiful ^_^

 

Ha Ha Ha Yong Jiu :p, i mention its her TA analysis, well for appearence I dont know leh, U should ask SG GL loh. :P

:))))))

 

heheh how do you know singaporegal is pretty & beautiful?
have you met her personally? =)

 

Hi singaporegal, I see u quite pretty n beautiful .. in looking at whether the share trech is going down wards, u r very pretty good in this. Can I learn from u, By what sort of TA u observe and analyse it,

Own u 1 diet coke. Cheers

 

Hi singaporegal, regret buying nol, suffered a big loss yesterday....i think short term the share is still weak..only thing attracted me is its dividend..

luckily today recover some back from uob & cdl  vested yesterday.

cheers.



 

 

Caution on NOL... may be actually on a downtrend now

 

Hi Jackjames, CONGRATS on your promotion !!!  So we can all look forward to a treat from you hor ?  BTW, how come nowadays did not hear about your landlord already ?  You move to your new home already ?

 

"NOL is trading ahead of its fundamentals as there is still risk of industry oversupply in 2007-2008," said Deutsche Bank analyst Sam Lee who lowered his rating to "sell" from "hold", but raised his price target to $2.60 from $1.85.



Credit Suisse downgraded its rating to "neutral" from "outperform" and lowered its price target to $3.10 from $3.20 on limited share price upside after a recent surge, adding that the price already reflects assumptions on rising freight rates.

 

YongJiu



I think you have misunderstood me. 



I am also of the opinion that it shouldn't go down to $1.70 - $1.80 (as posted by sarahlkh).  That's why I said it'll be oversold (if it really goes down to those prices).  To me, it's ridiculous for NOL to go down to $1.70 - $1.80, unless they have a big catastrophe with their ships. 

 

you just unload today and want the market to be better tomorrow? then, thats sound funny..