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521-540 of 4826
link not working.
or this
http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementLast3Months& F=885820#.UgIZ1JJkPnh
pseudo ( Date: 07-Aug-2013 17:56) Posted:
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out liao la
http://infopub.sgx.com/FileOpen/NOL_Q2_2013_Results_Presentation.ashx?App=Announcement& FileID=251334
sgng123 ( Date: 07-Aug-2013 17:55) Posted:
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I would say its a very good result.
Compared to 1Q, Rates / volume are lesser, bunker same at 620+/mt but loss is > 50% lesser.
Finally would be able to compete in low rate environment.
Just a little bit more and finally we can see light at the end of the tunnel.
Heero78 ( Date: 07-Aug-2013 17:34) Posted:
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Result still not out yet, SGX site not updating anything. Anyone attending the NOL shareholder meeting ?
halleluyah ( Date: 07-Aug-2013 16:50) Posted:
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33M can be consider good result for NOL. No wonder last mins shot to 1.065
33M loss
Bro sgng, i think tis ah kong's ship got a bit of hope lei....now 1.065....keep fingers cross.
good set of results from hapag lloyd. But HL has always outperformed. Hope NOL can do the same.
will they publish results on website? or have to wait a few days later?
sgng123 ( Date: 07-Aug-2013 14:19) Posted:
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Hapag Llord one of G6 members and no6 in world ranking just in front of NOL no7 reported a small profit in 2Q. later in the evening NOL result would be out, cross finger and hope everything go well.
http://www.lloydslist.com/ll/sector/containers/article427276.ece
Asia to Europe cargo volume jumped 6% in June YOY so the collapse of spot rate in May/June is more likely related to carriers market position defending strategy. Average ship load factor for Europe tradelane in Apr is 88%, May = 96% guess June would be in similar load factor as May. Ship share price move up a bit in last 3o min today most likely short covering.
Spot rate data no longer reflect the actual demand and supply situation, it is more on the speculation for players to short down ship when rate go down. As long investors hold together and don sell soon shortists had to buy back at higher price. Could fuel a vicious cycle of short sellers VS short sellers when there is no investors selling their share lol, bringing abnormal surge in ship stock price.
TA or FA? ,)
Expect to see price dip tmrrw and Monday unless got some magic.
sgng123 ( Date: 06-Aug-2013 17:38) Posted:
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Market expect ship to post loss in 2Q so already priced in the loss, explain the slow decline of share price in the last few months. But if ship give a upside surprise, might see big gain next week due to short covering by shortists.
Play safe and don mess with ship till result is out. Agreed 3Q expected to make money but need further data on demand/supply for July/August to justify it. Currently signs are pointing to capacity pull out in Europe, might see more capacity pull out in transpacific once the peak season ended. Europe look to finally claw out of recession and economy look to pick up next year. Same go for US provided debt ceiling fight in Nov don escalate into a debt default.
Expected to loose money. Just how much. So if loose less. NOL will go up. Next Quarter, expect to make money. Present 3Q2013, loading factor improved and spot rate also improve due to improving US and Europe economy.
Heero78 ( Date: 06-Aug-2013 12:56) Posted:
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When is the next financial report? 7 aug? Look like going to be a massacre
P3 formation in 2Q14 would force more carriers to maintain capacity discipline, would like to see later this year whether more capacity would be taken out after Oct. Maersk , MSC and CMA might take out more excess capacity in Transpacific / Europe trade lane to prepare for next year merger. Currently demand in Europe is weak but if enough capacity is taken out still can make money, just need carriers to be more profit focused. 255 ships committed by top 3 carriers to P3 while maintaining existing capacity of 2.6 mil TEU. Currently 305 ships are deployed to provide similar capacity. Next year all the super big ships coming in this year would be deployed in P3, resulting in excess capacity of 50 ships that need to be taken out of service or move to intra asia or south American trade route. Demand and supply situation would stabilise by next year, so NOL investors just need to be patience and hold on fast to ur share. Fuel oil price hover around US600 per metric ton and most likely stay in tight range till year end. Fruit now starting to flower and just need time to ripe.
Avoid this counter!!!