Latest Forum Topics / COSCO SHP SG Last:0.136 -- | Post Reply |
CoscoCorp
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Isolator
Supreme |
23-May-2011 17:40
Yells: "STI is hard landing to below 2000..." |
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Sometime markets  hiccup and causing panic.... As long as the trend support still can hold, it will resume back strongly... What come down sharply will bound back sharply to finish the unfinish task.... To trade, losing a few trades must not affect your next trade.....
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rotijai
Supreme |
23-May-2011 17:34
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The Board of Directors of COSCO Corporation (Singapore) Limited (the “ “Audits find irregularities in financial statements of 17 Chinese SOEs” which states that some irregularities and disciplinary violations were found in the financial statements of certain Chinese state-owned enterprises (SOEs) according to audit reports released by the National Audit Office (NAO). The Board wishes to state that neither the Company nor any of its subsidiaries has been cited as having committed any irregularities and disciplinary violations in the NAO report. By Order of the Board Jiang Li Jun Vice-Chairman and President
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artng25
Senior |
23-May-2011 17:32
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According to Xinhua news, some irregularities & disciplinary violations were found in FY09 financial statements of 17 Chinese state-owned enterprises (SOEs), including Cosco Group, CNOOC, CHALCO & China Unicom. Based on our channel checks, one of the unlisted subsidiaries of Cosco Group was said to have committed disciplinary violations. Note that the issue involves the parent company - Cosco Group & is NOT RELATED to the Singapore-listed Cosco Corporation (COS SP). Hence, this should not affect Cosco Corporation. No change to our recommendation & TP on COS SP, Buy, TP $2.86.   |
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rotijai
Supreme |
23-May-2011 17:30
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master isolator, i will join u once it gets nearer to 1.79 :) i am just a small player.. a few lost trade will make me broke :)
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chris168
Senior |
23-May-2011 17:25
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Cool man! I  bought too  ... small position ... just having a bit of fun ...
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Isolator
Supreme |
23-May-2011 17:23
Yells: "STI is hard landing to below 2000..." |
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The channel band will support it....    Only when it break 1.79 then it is over...
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parimas8
Member |
23-May-2011 17:17
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Last trade done 987,000 sell down @ 1.89 European markets are sharply lower with shares in Germany off the most. The DAX is down 1.78% while France's CAC 40 is off 1.71% and London's FTSE 100 is lower by 1.60%.
US  pre market now -104.   |
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chris168
Senior |
23-May-2011 17:16
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Goodness! it seemed like account irregularities are norms in china!! Any wonder why all those S tricks!!
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pointer
Senior |
23-May-2011 17:05
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From the chart I see,  its a double-top formation. Even if the price is up tomorrow, it may likely be a technical rebound unless there is easing of  selling pressure. Anyway, its all about judgement & strategy.
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Isolator
Supreme |
23-May-2011 17:02
Yells: "STI is hard landing to below 2000..." |
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The next few days, analysts will ask you to buy.... lol | ||||
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pharoah88
Supreme |
23-May-2011 16:50
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stocksburntme
Veteran |
23-May-2011 16:48
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my feeling tell me will go lower. but....expect the unexpected. |
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Isolator
Supreme |
23-May-2011 16:44
Yells: "STI is hard landing to below 2000..." |
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I dont need luck... I just need my charts.... This is just markets.... If a few lost trade can make me broke, then I better retired from trading.... lol |
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marina888
Member |
23-May-2011 16:44
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Safer to buy than short. Downside is  limited after nose diving  from a high of $2.39 on 18 Apr 2011 to the present price. Since news did not really impact on Company at this point of time and company had cleaned up most of the irregularities and working on the remaining ones,  this counter is still profitable and may eventually be equivalent to Semb Marine today !!  . Or else why do Tumasek invest in it. |
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Gaecia
Elite |
23-May-2011 16:38
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LOL!! He's reali loaded, u dunno?
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pointer
Senior |
23-May-2011 16:36
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U are someone that does not require luck no? Relax friend, who knows when the market rebound, your judgement will be right again.
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Isolator
Supreme |
23-May-2011 16:34
Yells: "STI is hard landing to below 2000..." |
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Is overdone.... Time to pay back.... go go go 2.30.... lol |
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Isolator
Supreme |
23-May-2011 16:26
Yells: "STI is hard landing to below 2000..." |
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Luck is always not with me...  lol |
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rotijai
Supreme |
23-May-2011 16:22
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gl to u :)
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Isolator
Supreme |
23-May-2011 16:21
Yells: "STI is hard landing to below 2000..." |
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Let's see this time round can manage to catch shorties.... lol | ||||
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