| Latest Forum Topics / COSCO SHP SG Last:0.135 -- |
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CoscoCorp
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paperless
Senior |
14-Oct-2008 16:44
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lol.. Do research and try BerlianLaju then.
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Farmer
Master |
14-Oct-2008 16:35
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All sorts of things can happen to S-shares, its really amazing if u kind to think back. This one and YZJ i believe are the strongest among but see what they are now. My conclusion: Only catch them during bull or when they're dirt cheap..consider the Xchange rate oo. |
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jackjames
Elite |
14-Oct-2008 16:28
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$0.55 , I buy !
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idesa168
Elite |
14-Oct-2008 16:27
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It's not that we are in a bear mkt where good fundamental stock being bashed down that we may consider buying in for long term. But we are in SUPER BULL RALLY, just from last night's DJ cheong, and COSCO is giving a 20% discount... my view oni! | ||||
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hotstock
Veteran |
14-Oct-2008 16:26
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It is very irresponsible for CS to issue such kind of price target as we are in a state of financial turmoil while market stabilization is going on. It is not just cosco but all the companies might be affected one way or another. Such issuance should come when the market has stablized. Anyone wish to comment? | ||||
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idesa168
Elite |
14-Oct-2008 16:22
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There is a reason for the share to go below $1.00. If it really go back there again, do you really want to consider taking position? Think again.
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idesa168
Elite |
14-Oct-2008 16:21
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Can see that someone is supporting the price from falling. Must be those BB who bought at higher price. But too bad, there are some bigger BBs wanting it down! | ||||
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freeme
Elite |
14-Oct-2008 16:20
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Really suay. I was tempted to get in also but when i see today STI already up 130+ pts just now, i doubt it will cheong blindly as im very sure ppl will off load when its at its high. Nw downgrade to 0.55! Abit low.. Just now goes under $1, which i tink not bad. But miss it, see if later got chance anot.
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untitled
Member |
14-Oct-2008 16:13
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wah really suay i bought it at $1.22 just now  |
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paperless
Senior |
14-Oct-2008 16:01
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DJ MARKET TALK: Cosco +2.5% But Orderbook Concerns Remain 0301 GMT [Dow Jones] Cosco (F83.SG) +2.5% at S$1.23 but trailing bigger rig-, vessel-builders Keppel Corp. (BN4.SG), Sembcorp Marine (S51.SG) as investors prefer market leaders over China-based company, which still struggling to overcome concerns about its orderbook growth, especially in wake of Norwegian client MPF's recent bankruptcy filing. "New shipbuilding demand is unlikely to recover in the current credit and economic environment. Anecdotal evidence and risk on customer cancellations of existing orders is also increasing," says Credit Suisse, which has Underperform call. Cuts target price to S$0.55 from S$1.20, based on 1X FY08 P/B to reflect concerns on execution, earnings, cash flow. Expected resistance at 10-day moving average of around S$1.37. Keppel +5.0% at S$6.26, SembMarine +8.8% at S$2.61. (FKH) Contact us in Singapore. 65 64154 150; MarketTalk@dowjones.com (END) Dow Jones Newswires October 13, 2008 23:01 ET (03:01 GMT) Copyright (c) 2008 Dow Jones & Company, Inc. |
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samson
Veteran |
14-Oct-2008 15:59
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Cosco delivers third pontoon to JurongFiled from Singapore 10/10/2008 1:29:47 PM GMT 
DALIAN, CHINA: China's Cosco Shipyard Group recently delivered a third pontoon to Singapore's Jurong Shipyard. The structure, Pontoon-1089, sailed away from Cosco's Dalian yard in China on October 7. Pontoon-1089 is destined to be outfitted into a semisubmersible rig at Jurong Shipyard. Cosco delivered two other similar structures, Pontoon-1087 and Pontoon-1088, to Jurong last year. |
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paperless
Senior |
14-Oct-2008 15:54
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Note: Not a call for long or short. Pls do your own research. :)
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freeme
Elite |
14-Oct-2008 15:54
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wah.. whats the reason for the cut?
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paperless
Senior |
14-Oct-2008 15:52
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*DJ Cosco Singapore Target Cut To S$0.55 From S$1.20 - CS - Tue 8:33 AM | ||||
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samson
Veteran |
14-Oct-2008 15:51
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Cosco cuts steel on second Sevan 650 unitFiled from Singapore 10/13/2008 5:56:01 AM GMT NANTONG, CHINA: China's Cosco Shipyard Group started work on its second drilling unit for Norway's Sevan Marine. A steel cutting ceremony on the second Sevan 650 drilling unit was held on Oct. 10 at the Cosco Nantong shipyard. To date, the Chinese shipyard is contracted to construct the hulls of three Sevan 650 drilling units. The first unit is due for completion by the end of this year or early 2009. The cylinder-shaped Sevan 650 is designed for operations in ultra-deepwater and all ice-free areas, including the Barents Seas. Each of the drilling units is about 85 metres (279 ft) long, 75 metres (246 ft) wide and weighs about 55,350 tonnes (60,885 tons). The drilling unit will be equipped with 10,000 feet (3,048 m) of riser storage, an internal oil storage capacity of up to 150,000 barrels of oil and variable deck load of more than 15,000 tonnes (136,364 tons). http://www.energycurrent.com/index.php?id=2&storyid=13664 |
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nickyng
Supreme |
14-Oct-2008 15:45
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Modern day TITANIC !! hee... :D | ||||
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hotstock
Veteran |
14-Oct-2008 15:45
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This is a good stock but lack transparency. SembMarine has abt 30% holding in this baby. Think some shortist in place | ||||
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shunshunlili
Member |
14-Oct-2008 15:43
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should i buy now for long term? | ||||
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jackjames
Elite |
14-Oct-2008 15:40
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must be some bad news about shipbuildings.. expert google it ! | ||||
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Farmer
Master |
14-Oct-2008 15:40
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I saw quite a number of X deals done below $1...hmm who is selling? | ||||
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