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Nam Cheong
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sg225551
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26-Feb-2013 14:25
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Be patient. Target price should be 0.32 to 0.35.   |
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sean123
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26-Feb-2013 10:51
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I guess insiders already knew the result, that explain the stock rise a few days ago | ||||
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oldflyingfox
Master |
26-Feb-2013 10:06
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Good result was out last nite but today didn't move. | ||||
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ShareGuru
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17-Feb-2013 15:09
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Hi Guys Do not be so upbeat.  Nam Cheong is a good counter. If you have NC as one of your portfolio, congrats. Nam Cheong rose to 0.29 in Jan this year only to slide to 0.255 in end Jan/early Feb due to the placement share of 0.255 cents. This is normal as lots of investor went in to accumulate at this low price. The placement share is also not a bad thing as NC needs fresh funds to expand it business. So, based on my vision, NC should see stronger upwards momentum in the near future (1 yr period). Analyst target price is 0.33-0.34 (1 yr horizon)  when it annouces more sales of its  vessel in the next coming months.  Support - 0.24, Resistance - 0.255. Curent price - 0.250. It has reached its support level at 0.24 yesterday but it withstand the selling pressure (due to market retraction) and it rebounded  to close  at 0.250. This shows that the support level at 0.24 is  strong. The ST  index hit an 5 year high early this week and any short term retracement is  common. If it can break the resistance of  0.255 with strong volume, then upward momentum is likely to continue. Consensus on NC - Buy with TP 0.33-0.34   |
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GoodMorningSir
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08-Feb-2013 18:23
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The chart show that last time Nam Cheong use to be a few dollar stock.Do anyone know why the stock plunges down so suddenly? |
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lewfys
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08-Feb-2013 18:21
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You are not alone... Welcome to the club...
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GoodMorningSir
Member |
08-Feb-2013 18:09
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wondering when the result will come out.. Anyone invested in this stock? Have been stuck at 0.265.... |
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halleluyah
Elite |
24-Jan-2013 07:09
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Swiber was also down n unwanted fr such a long period after placement bt Ezion was the exceptional one.
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chinastar
Senior |
24-Jan-2013 06:06
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Waiting for CNY:)
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Nopainnogain
Senior |
11-Jan-2013 16:37
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how come ppl placement stock up like rocket... this stock is down?? |
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ozone2002
Supreme |
11-Jan-2013 09:17
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ride up was good enough for me..down today so take profit.. gd luck dyodd |
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zacaroo
Member |
11-Jan-2013 09:07
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didn't manage to sell at 0.285 the past couple of days. now siannn | ||||
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ozone2002
Supreme |
09-Jan-2013 11:49
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now 28c more than 20% returns.. very powerful stock gd luck dyodd
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ruiqingl
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12-Dec-2012 15:13
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any recent news on nam cheong?   http://www.bernama.com/bernama/v6/newsbusiness.php?id=714958  |
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mavenkg
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20-Nov-2012 14:10
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Hope it can breakout @0.235. |
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aimtowin
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14-Nov-2012 09:35
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Oub KH target price .30...today...
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aimtowin
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12-Nov-2012 12:21
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:-) enter some more on .235....
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zacaroo
Member |
12-Nov-2012 10:16
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same vested 10 lots at .24 think won't see green already haha | ||||
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aimtowin
Member |
12-Nov-2012 09:28
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New contract win + not bad results up so little only?
Vested a bit here
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zacaroo
Member |
09-Nov-2012 23:11
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anyone vested in this? | ||||
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