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COSCO SHP SG
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CoscoCorp
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Isolator
Supreme |
30-May-2011 14:05
Yells: "STI is hard landing to below 2000..." |
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My advise for shorties is to cover back now, before it is too late.... | ||||
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goldenpiggy
Senior |
30-May-2011 14:04
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Hope its not shorties covering... just BB buying... shorties can cover later so that it will bring it higher... hahaha. | ||||
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Isolator
Supreme |
30-May-2011 14:03
Yells: "STI is hard landing to below 2000..." |
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Today we are going to see 2.11... | ||||
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rotijai
Supreme |
30-May-2011 14:00
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shorties panicking ?
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agent_skali
Member |
30-May-2011 14:00
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Play cheat!
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Isolator
Supreme |
30-May-2011 13:52
Yells: "STI is hard landing to below 2000..." |
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Dont be surprise to see more than 10% increase today.... And more to come... 2.30... | ||||
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eplepl
Master |
30-May-2011 13:48
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how much stronger. within a week ?
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samson
Veteran |
30-May-2011 13:47
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COSCO MORE PROJECT COMING IN JUNE 2011. Too Many Goods News coming . TP 3.16 Since very month Also had news contract cominging. REPORTS RELATING TO SEVAN MARINE ASA _________________________________________________________________________ The board of directors (the “Board”) of COSCO Corporation (Singapore) Limited (the “Company”) refers to recent reports relating to Sevan Marine ASA. The Board wishes to clarify that all the 4 vessel building contracts entered into by the Company’s subsidiaries with the Sevan group have all been entered into with subsidiaries of Sevan Drilling ASA (a subsidiary of Sevan Marine ASA and which the Board understands is separately listed in Oslo) and not with Sevan Marine ASA. The Board further wishes to state that the payments from the Sevan Drilling group of companies in connection with the contracts stated above have, to-date, all been made in accordance with the payment schedules applicable to the respective contracts. By Order of the Board Jiang Li Jun Vice-Chairman and President 30 May 2011 ====================================================== TWO (2) CONTRACTS FOR SEVAN 650 DRILLING UNITS BECOMES EFFECTIVE _________________________________________________________________________ The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Qidong) Offshore Co., Ltd (“COSCO Qidong”), a subsidiary of the Company’s 51% owned subsidiary COSCO Shipyard Group Co Ltd, has pursuant to a letter of intent dated 24 March 2011, in respect of 2 turn-key EPC (Engineering, Procurement and Construction) contracts (the “EPC Contracts”) entered into and made effective formal agreements with Sevan Drilling Rig V Pte Ltd and Sevan Drilling Rig VI Pte Ltd. COSCO Qidong will undertake to perform EPC and installation for delivery of (2) two drilling units based on the Sevan design (Sevan 650). The contract price for each drilling unit is approximately USD525 million. Deliveries of the drilling units under the EPC contracts are expected to take place in the fourth quarter of 2013 and the second quarter of 2014, respectively. None of the directors or controlling shareholders of the Company has any interest, direct or indirect in the above transactions. The above transactions are not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31st December 2011. By Order of the Board Jiang Li Jun Vice-Chairman and President 30 May 2011
USD 114 MILLION CONTRACT FOR OCTABUOY TOPSIDE MODULE BECOMES EFFECTIVE _________________________________________________________________________ The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Nantong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary COSCO Shipyard Group Co., Ltd, has entered into and made effective formal agreement (valued at USD114 million) with ATP Oil & Gas (UK) Limited, a subsidiary of ATP Corporation, for the construction of “Octabuoy Topside Module” –Octabuoy Phase 2. The first phase of Octabuoy(hull) is scheduled for delivery by end 2011. Engineering work for Octabuoy Topside Module has commenced at COSCO Nantong Shipyard since April 2008. Octabuoy Topside Module is scheduled for delivery in the third quarter of 2013. None of the directors or controlling shareholders of the Company has any interest, direct or indirect in the above transaction. The above transaction is not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31st December 2011. By Order of the Board Jiang Li Jun Vice-Chairman and President 30 May 2011
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vincente21
Member |
30-May-2011 13:38
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3 positive annc over lunch  --------------------------------------------------------------------------------------------------------------------------- REPORTS RELATING TO SEVAN MARINE ASA __________________________________________________ _______________________ The board of directors (the “Board”) of COSCO Corporation (Singapore) Limited (the “Company”) refers to recent reports relating to Sevan Marine ASA. The Board wishes to clarify that all the 4 vessel building contracts entered into by the Company’s subsidiaries with the Sevan group have all been entered into with subsidiaries of Sevan Drilling ASA (a subsidiary of Sevan Marine ASA and which the Board understands is separately listed in Oslo) and not with Sevan Marine ASA. The Board further wishes to state that the payments from the Sevan Drilling group of companies in connection with the contracts stated above have, to-date, all been made in accordance with the payment schedules applicable to the respective contracts. By Order of the Board Jiang Li Jun Vice-Chairman and President 30 May 2011 ----------------------------------------------------------------------------------------------------------- TWO (2) CONTRACTS FOR SEVAN 650 DRILLING UNITS BECOMES EFFECTIVE __________________________________________________ _______________________ The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Qidong) Offshore Co., Ltd (“COSCO Qidong”), a subsidiary of the Company’s 51% owned subsidiary COSCO Shipyard Group Co Ltd, has pursuant to a letter of intent dated 24 March 2011, in respect of 2 turn-key EPC (Engineering, Procurement and Construction) contracts (the “EPC Contracts”) entered into and made effective formal agreements with Sevan Drilling Rig V Pte Ltd and Sevan Drilling Rig VI Pte Ltd. COSCO Qidong will undertake to perform EPC and installation for delivery of (2) two drilling units based on the Sevan design (Sevan 650). The contract price for each drilling unit is approximately USD525 million. Deliveries of the drilling units under the EPC contracts are expected to take place in the fourth quarter of 2013 and the second quarter of 2014, respectively. None of the directors or controlling shareholders of the Company has any interest, direct or indirect in the above transactions. The above transactions are not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31 st December 2011. By Order of the Board Jiang Li Jun Vice-Chairman and President 30 May 2011 ---------------------------------------------------------------------------------------------------------------------- USD 114 MILLION CONTRACT FOR OCTABUOY TOPSIDE MODULE BECOMES EFFECTIVE __________________________________________________ _______________________ The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Nantong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary COSCO Shipyard Group Co., Ltd, has entered into and made effective formal agreement (valued at USD114 million) with ATP Oil & Gas (UK) Limited, a subsidiary of ATP Corporation, for the construction of “Octabuoy Topside Module” –Octabuoy Phase 2. The first phase of Octabuoy(hull) is scheduled for delivery by end 2011. Engineering work for Octabuoy Topside Module has commenced at COSCO Nantong Shipyard since April 2008. Octabuoy Topside Module is scheduled for delivery in the third quarter of 2013. None of the directors or controlling shareholders of the Company has any interest, direct or indirect in the above transaction. The above transaction is not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31 st December 2011. By Order of the Board Jiang Li Jun Vice-Chairman and President 30 May 2011 Waiting for it to rebound back to 2.30 tp ^^ |
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hpong5
Master |
30-May-2011 13:35
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USD 114 MILLION CONTRACT FOR OCTABUOY TOPSIDE MODULE BECOMES EFFECTIVE | ||||
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hpong5
Master |
30-May-2011 13:34
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TWO (2) CONTRACTS FOR SEVAN 650 DRILLING UNITS BECOMES EFFECTIVE | ||||
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hlfoo2010
Veteran |
30-May-2011 13:02
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Appear to be rebound strangely with no solid good news, will it sink heavily closing ???????? | ||||
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xing78
Elite |
30-May-2011 12:56
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$2.00 not clear yet and you are targeting $2.30? I looking to short this at @2.00. :p |
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Isolator
Supreme |
30-May-2011 12:07
Yells: "STI is hard landing to below 2000..." |
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It has been delayed by so many tricks.... Now the rebound will be even stronger.... 2.30 will not be long... | ||||
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Tangwp
Member |
30-May-2011 12:02
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I hope so... Master Isolator any comment??? | ||||
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samson
Veteran |
30-May-2011 11:34
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Good News coming ? | ||||
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Isolator
Supreme |
30-May-2011 10:49
Yells: "STI is hard landing to below 2000..." |
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Markets always full of surprises... But base on present behaviour it is going to rebound strongly.... | ||||
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rotijai
Supreme |
30-May-2011 10:45
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u guys really thought master isolator is the god.. how long can reach 2.3.. haha |
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Isolator
Supreme |
30-May-2011 10:43
Yells: "STI is hard landing to below 2000..." |
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Dont ask for timeframe as I cant tell.... I can know it wont be long.... | ||||
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stocksburntme
Veteran |
30-May-2011 10:30
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how long do u think can reach 2.3? |
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