Latest Forum Topics / Neptune Orient L Rg | Post Reply |
NOL
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sgng123
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27-Jul-2013 16:10
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If US/Europe economy data turn out to be pointing to growth in 3Q/4Q, it is fly to the moon for ship as investors price in the potential return on the backing of improved operating margin and better freight rate in annual contract next year. Can skyrocket very fast in a few weeks time since the stock is being heavily bombed out and hedge funds would be forced to cover their big short positions with little sellers in sight. All retail investors is either wiped out or holding for the long haul. It is scary when there is no sellers when doing short covering, basically the sky is the limit for upward movement. 101 reasons I don like to short NOL in recession price zone, can wipe out  mine investment out in a matter of days. | ||||
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Peter_Pan
Supreme |
27-Jul-2013 14:09
Yells: "did you order dunkin' donuts" |
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Watch the move. May breakout of the base to move higher. | ||||
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Hawkeye
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27-Jul-2013 11:40
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Davy Jones break surface ............ you get Jack Sparrow any how sail   LOL
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sgng123
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27-Jul-2013 11:29
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Next week is fun, PMI from developed countries coming out, US July job data and US 2Q GDP. If all these data pointed to a recovery in US/Europe economy recovering in 3Q/4Q then ship would slowly rise from the depth. By the way  spot rate for Europe up by 10% due to capacity reduction by carriers and next week might see if GRI and PSS would come into effect. Finally carriers are willing to remove capacity to boost profit. | ||||
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sgng123
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26-Jul-2013 15:24
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End of month approaching, short covering taking place since no news coming out yet. Jumped 0.03 look like some short sellers lost money trying to bet ship would sink in 2Q. | ||||
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Peter_Pan
Supreme |
26-Jul-2013 15:10
Yells: "did you order dunkin' donuts" |
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Huat ah! | ||||
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chris168
Senior |
26-Jul-2013 14:20
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I like to do it this way. Ditto with property investment. Why rush in when the circus is on...!
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chris168
Senior |
26-Jul-2013 14:17
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Bought some today. Bought during boring time lol. | ||||
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sgng123
Veteran |
25-Jul-2013 23:07
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Problem with ship is every time BB try to buy it up but later something global happen and cool down the heat. 2012 is hit by double dose of US fiscal fear and Euro zone breakup fear then in 1Q2013 hit again by US tax increase and spending cut. Ship try to move up 20% but later give up all the gain and back to this depression price level. Hopefully no more global dramas playing out till 2014, need a period of peace for ship to regain strength. One thing to note when ship go up, it is usually very fast and sudden can go up 20% in 1 week making punting very difficult. When Maersk announced P3 formation, ship zoomed up 10% in 2 days lol but later eased off due to no capacity taken off. Work of BB and they don want us( retail punters  ) to benefit so they jack up the share price very fast. | ||||
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Dividend_Warrior
Senior |
25-Jul-2013 21:59
Yells: "I am getting $1100 per month in dividends :)" |
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There are other stocks backed by Temasek.....
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alexsmith
Member |
25-Jul-2013 21:19
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Yup patience is the key. When you see the whole world is picking up but NOL is sinking down. Will be hovering around this price till 7/8.  Afterwards, bump up for a while then return again to this mode. Boring... |
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sgng123
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25-Jul-2013 00:20
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Patience is the key for those holding NOL, just need to wait out the storm and u see sunshine soon. The 500M cost saving and US4b fleet renewal lower NOL cost of operating by roughly 15%, when freight rate recovered due to overcapacity easing in 2014 could see good profit margin of 5% or more depending on how strong the recovery in developed countries. For now just need to hang on for a few more months till tide is changed. I  am waiting to see NOL break the $2.00 punting level then good trading time either trade/short. | ||||
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Hawkeye
Veteran |
24-Jul-2013 23:35
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European PMI for July 2013 is 50.4 and Europe are now in expansion. NOL will rally any time soon. Hopefully. |
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Hawkeye
Veteran |
24-Jul-2013 23:22
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I do not mind holding it 2years and even 10years if the return is 100% NOL is strategic to Singapore Survival.
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alexsmith
Member |
24-Jul-2013 23:16
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I would expect see this recovery in 2014/2015 ba (may rise around ~2.0/3.0 only) or when it is posting a profitable financial year. Can not expect too much this year. Just my opinion though. Agreed that current price is undervalued, but not when u compare to other shipping companies. Could still hold this counter since it is backed by Temasek while hoping for a big fruit in long term. Jia you!!! |
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sgng123
Veteran |
24-Jul-2013 20:51
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Current depressed share price is caused by European recession, once Eurozone start to recover then so should NOL share price. Take note NOL had completed cost saving program and 80% fleet renewal completed. When Eurozone recover next year or later this year, fat rewards await those who can hold and wait. | ||||
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Hawkeye
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24-Jul-2013 17:37
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NOL is a strategic for the survival of Singapore. NOL performance is dependent on World economies growth. US economy is growing, China will not let it dip below 7%, Europe is aout its lowest and now in the process to stimulate growth. So NOL will go up sooner or later. Just hold like YZJ and Cosco and it will go back up to $2.00 and collect your fruit. LOL |
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sgng123
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24-Jul-2013 17:29
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depend on how u interpret the data in 2Q. Spot rate for Europe trade lane tank and transpacific dip 15%, lot of market players used this data to support for a huge loss for NOL in 2Q. On the other hand container traffic and load factor in both Europe and transpacific rebound strongly from 1Q dismal result. Stock market is all about trading on Fear / Greed, whoever had the holding power would win, always the case. By the way Europe composite PMI go into expansion mode and now waiting to see US July job result to see whether sustained economy recovering. As for NOL incoming result, mine  guess is 50/50 but I don want to punt/short till result is out play safe is good. | ||||
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Rosesyrup
Veteran |
24-Jul-2013 00:26
Yells: "Get your own opinion, don't follow blindly." |
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Barely out of the red. Just my hunch. |
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Dividend_Warrior
Senior |
23-Jul-2013 21:51
Yells: "I am getting $1100 per month in dividends :)" |
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Yup. Definitely a loss......
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