
Nope...i think it just become non-index counters....
does that mean it will delist from SGX?
Today COSCO Corp. fell 2.4% to S$1.23 @ HIGH VOL of 28 million shares traded after the Singapore Exchange announced that it will drop the shipping company from the STI and replace it with recently listed CapitaMalls Asia, which rose 1.3% to S$2.37. COSCO will be removed from the STI March 22. If you are currently vested in COSCO, I would advise to try to sell if profit. Further downside will be expected to continue in the next week.
Immediate support of Cosco: $1.16
Immediate resistance of Cosco: $1.31
See charts
nol bull running oneday slip that day dont know
Farmer ( Date: 09-Mar-2010 19:14) Posted:
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Irritating messages.
WiLL cOscO rEturn tO abOve S$8 ?
WiLL CapitalMallAsia risE tO abOve S$8?
cOscO dOwm 3 cEnts fOr dE-iNdExing
CapitalMallAsia Up 3 cEnts fOr iNdExing
CapitalMallAsia Up 3 cEnts fOr iNdExing
YangZiJiang iS STiLL thErE
cOscO's parEnt dUmpEd cOscO
Poor the only China Germ kenal kick out liao !!
Written by The Edge
Thursday, 11 March 2010 18:35
Cosco Corporation (Singapore) says subsidiary Cosco (Dalian) Shipyard Co. has agreed to cancel the shipbuilding contract of an 80,000 dwt bulk carrier following a request by a European shipowner.
Construction of the vessel has not commenced and as part of the order agreement, the buyer has paid compensation to Cosco Dalian.
Meanwhile, subsidiaries Cosco (Zhoushan) Shipyard Co. and Cosco (Guangdong) Shipyard Co. have, following requests from two Asian shipowners, delayed the deliveries for a total of four units of bulk carriers of 57,000 dwt each to April 2012.
Come on, every body does mind for "cut loss" his/her hard earned money....... That is rational!
jm2212 ( Date: 09-Mar-2010 14:15) Posted:
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How come this one is not moving in tandem with its parent or NOL?
iF all their Orders can bE cOnvErtEd tO CASH, cOscO WiLL rEturn tO S$8.00
ayo...those burgers are HUMAN oso wat? u thk they are GOD meh? :P
jm2212 ( Date: 09-Mar-2010 14:15) Posted:
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looks like all broking houses recommended sell with a very low target price for this counter, but surprisingly the price is still holding well
Are there any Singapore germs too?
des_khor ( Date: 09-Mar-2010 00:57) Posted:
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This China germs will bring you to Holland !!
WHICH fund(s) iS / are buying ?
Sell some and switch to other counters.
starlene ( Date: 08-Mar-2010 13:13) Posted:
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Cosco Corp is rescheduling 4 more 57,000 dwt bulk vessels from a European ship owner. The vessels will be delivered between 18-19 months after their original delivery dates. We are not surprised though we remain concerned about Cosco’s ability to deliver these vessels on time and within budget. Maintain Underperform w
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