Neptune Orient L Rg   

NOL

only managed to unload my NOL at $2.90, unlucky day for me..

anynow, lets hope that the market will be better tomorrow.



 

 

2.88 is a high price still.. i believe there are still got rooms to further down.. but of course not to 1.70 level, 2.10 is possible... well, looking at today global sell-off, everyone is focusing on US stock tonight, if another sell down, tomorrow will be red-red-red.... anyway, today is my first day of work after chinese new year, i got promoted this morning, come and congratulate me ba.. thanks thanks.

 

Aiyoh YongJui, regret to hear that you have not sold.  Members were congratulating you... wasted... but  I suppose it is like that ie  we win some and lose some.  Past week, I also regret selling off Noble and PineAgritech etc too early. Now, I tell myself that "heng" I sold off already.

 

Mt I_tan888, I dun think NOL will go to 1.7-1.80 level at the moment..
but I do regret I didn't let it go at $3.5 last Friday!!!

 

At $1.70 - $1.80?? - It's overdone.

 

Good morning everyone, thanks for those who gave their opinion.

Will cut loss n sell all my NOL shares today...

good luck.

 

you sure or not , i don't think it will drop until that pathetic... if so, lets go and grab man...

 

tankers rates are always competitive. its difficult to make margins. definitely coming down. might end up its original region around 1.7-1.8.

 

nicky will probably short this counter tomorrow...  :)

 

alamak,we got alot of sad stories.

Only sporegal doing well.Should get to know her earlier.

cheers

 

geojam,



I never touch this stock before, but I have a similar feeder service stock, Samudera, which is also under-water now.

 

I-tan888

I kena hard from NOL last year.

Same thing,bot at S$2,went up to S$2.5,did not sell.After result went down to S$1.9.

Have 150 lots at that time.

 

On downtrend now I think

 

Just read the news from CNA's website:  NOL's profit dropped 55% YoY.

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/260892/1/.html



I think its share price will get whacked tomorrow.

 

Neptune Orient Lines - Pricing pressure continues

---

Nurwidya Abdul, 27 Feb 2007

Neptune Orient Lines says cost pressures from fuel and landside will continue through FY 2007.

FY 2006 revenue was US$7.3 bln, same as last year.

Net profit was down by 54% to US$373.2 mln. This is because of lower liner rates and pricing pressure from bunkers and fuel.

Its business generated US$559.9 mln in cash from operations, compared to US$1.1 bln last year.

It will be paying a final dividend of 4 cents per share, which makes up a total of 8 cents per share for FY 2006, same as last year.

Analysts surveyed by Reuters have on average an 'underperform' call on its stock with a price target of S$1.85, compared to the last traded price of S$3.10, down 14 cent or 4.3%.

 

Checking the chart the Acc/Dist is not uptrending. Chaikin is downtrending. MACD is below signal line. The trendline I draw (assume is correct) is uptrend but then a downturn which is close to the previous bottom. All in all dun looks good to me but then stock is a farnie creature. It may just behave the opposite of what you are expecting it to of the future. So conclusion: your monies you do the final call to buy/sell or not :)

EastonBay is correct. If some1 can be 100% correct then that some1 can quit fulltime job to play shares EXCLUSIVELY to earn a living liao lor :P

 

jonathan69, I don't think anyone here can answer your question with certainty. "if NOL prices will drop further?". If only I can answer, I will be super rich.

 

Hi, anybody know if NOL prices will drop further.

I just bought some yesterday and today big correction, wrong timing!!

 

haha .. professional / experienced . la . .. .me amateur here

 

Pros sounds like prostitute? Izit prostitute or professional? :P