ShareJunction - Member Posts

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2014 expected to be a year of M&A. Perhaps about time for IPCO to change hands ! That will give a new breath of life and excitement to the plan to go big time into energy investment - natural gas and mining.

papayaface ( Date: 20-Dec-2013 13:52) Posted:

Today IPCO is dead meat. < 3 million shares traded in 1st half of the day. May be no BB interested in this counter this time round.

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At least expecting NOL to be profitable for the full year and continue to see cost reduction and improving operating efficiency and cash management.

Hope to will stay above 1.065 henceforth as that's when it cuts above its 20d and 50d MA while its 100d MA is above 1.075.

sgng123 ( Date: 21-Dec-2013 11:26) Posted:

US 3Q GDP revised upward from 3.6 to 4.1. If the economy continue it upward momentum , we could be in a bull market for shipping stocks in 2014 due to revived consumers demands from US . Ship fortune is heavily tied to US economy, when US good ship good. But don expect too much fron ship 4Q result since rate had been fixed to the low rate for the entire 013 contracts. What count is the rate ship get in next May contract renewal.

Lucky03 ( Date: 20-Dec-2013 07:40) Posted:

Let's hope that NOL does not disappoint us when announcing its full year result tentatively scheduled for 19 Feb 2014.

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All these news must have already been factored into the current price of 1.7c ?

moneyplant ( Date: 20-Dec-2013 10:45) Posted:

Edward Lee Ewe Ming sold close to 100 mln shares just days before the crash. Separately, we ask the questions that need to be asked about IPCO's sale of a 70% stake in Sun Spirit to Nelson Fernandez. 15/12/2013 ? IPCO International Ltd is caught in a legal battle following the crash on October 4. The US-based broking firm Interactive Brokers, which lost US$68 mln in the crash, is suing a subsidiary of IPCO International. Interactive Brokers is also pursuing arbitration through the American Arbitration Association to recover the losses. Recently, The Edge reported the broker obtained interim court orders to freeze the assets of Neo Kim Hock (the former Chairman of Blumont Group Ltd), Peter Chen Hing Woon (LionGold's business and corporate development Director), Tan Boon Keat (who appears to be an associate of Dato' John Soh Chee Wen), Quah Su-Ling (the CEO of IPCO International), Lee Chai Huat (who emerged as a shareholder of Merlin Diamonds Ltd just before Innopac Holdings Ltd's takeover offer), Kuan Ah Ming, Neptune Capital Group Ltd (an associate company of Neo Kim Hock) and Sun Spirit Group Ltd (a wholly-owned subsidiary of IPCO International). Apparently, IPCO International is directly impacted by the court's orders against its wholly-owned subsidiary Sun Spirit Group Ltd.

Rosesyrup ( Date: 20-Dec-2013 00:38) Posted:

I saw a lot of articles by professional analysts and discussion by forummers claiming that a long and big bear will follow Fed tapering.

While I agree that a bear will follow, but it will be a mini one which will end within 2 months.

General strategy=>

Sell defensive counters now.
Buy into cyclical counters 2 weeks from now.

Excited to know the outcome. Long bearish winter or a short winter?

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Let's hope that NOL does not disappoint us when announcing its full year result tentatively scheduled for 19 Feb 2014.

Lucky03 ( Date: 20-Dec-2013 07:29) Posted:

Thursday, 19th December 2013
Your daily insight into the shipping world

Shipping confidence at three year high: Moore Stephens

By Charlie Bartlett
from London

Moore Stephens surveys have found that overall confidence levels in the shipping industry are at their highest in over three years, buoyed by ?encouraging? freight rates.

November 2013 saw the average confidence level rise to 6.1 out of 10, the highest since the 6.2 recorded in August 2010. However, increases were only demonstrated by owners, from an average of 5.8 in the August 2013 survey to 6.2 in November. Confidence among managers dropped from 6.2 to 6.1, and charterer confidence fell from 6.3 to 5.7.

Respondents also showed a wavering of confidence in Asia, dropping from 6.1 to 5.9, compared with Europe, which exhibited a jump from 5.9 to 6.1, despite a previous survey in which one respondent remarked that ?the best people now are going to Singapore instead of coming to London.? Confidence in North America, meanwhile, increased dramatically from 6.0 to 6.6.

?There is, for the first time in a long while, a general feeling of optimism,? one respondent noted. ?The economic indicators, both small and large, all over the world, are pointing in the direction of recovery. We cannot expect it to reach the same levels as in 2007/2008, but a sustainable level of confidence is much better than skyrocketing markets because the higher you climb the lower you might fall.?

Other positive observations from those surveyed included ?some good signs of?a growing global economy, including the US and the EU? ?[growth] in Asia, and in Brazil and Russia? and ?an increase in the use of gas as an alternative energy source, with many countries developing infrastructure and facilities to facilitate distribution.?

More sceptical responses included concern regarding excess shipbuilding capacity ?which, coupled with the entry of new investors, will lead to a continuation in the current oversupply of tonnage and low rates?. One respondent wrote: ?We need to convince owners to stop building ships, especially tankers.?

One respondent even claimed: ?All non-operator-owned container ships need to be removed from the market, so that oversupply can be corrected.?

Moore Stephens shipping partner, Richard Greiner called the results ?A clear indication that [markets] are perceived to be improving?:

?The findings of this latest survey provide more good news for the shipping industry. It is now 15 months since we recorded a decline in shipping confidence. There is an old adage which says that confidence is contagious. If that is true, shipping certainly seems to have caught the bug.?

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Thursday, 19th December 2013
Your daily insight into the shipping world

Shipping confidence at three year high: Moore Stephens

By Charlie Bartlett
from London

Moore Stephens surveys have found that overall confidence levels in the shipping industry are at their highest in over three years, buoyed by ?encouraging? freight rates.

November 2013 saw the average confidence level rise to 6.1 out of 10, the highest since the 6.2 recorded in August 2010. However, increases were only demonstrated by owners, from an average of 5.8 in the August 2013 survey to 6.2 in November. Confidence among managers dropped from 6.2 to 6.1, and charterer confidence fell from 6.3 to 5.7.

Respondents also showed a wavering of confidence in Asia, dropping from 6.1 to 5.9, compared with Europe, which exhibited a jump from 5.9 to 6.1, despite a previous survey in which one respondent remarked that ?the best people now are going to Singapore instead of coming to London.? Confidence in North America, meanwhile, increased dramatically from 6.0 to 6.6.

?There is, for the first time in a long while, a general feeling of optimism,? one respondent noted. ?The economic indicators, both small and large, all over the world, are pointing in the direction of recovery. We cannot expect it to reach the same levels as in 2007/2008, but a sustainable level of confidence is much better than skyrocketing markets because the higher you climb the lower you might fall.?

Other positive observations from those surveyed included ?some good signs of?a growing global economy, including the US and the EU? ?[growth] in Asia, and in Brazil and Russia? and ?an increase in the use of gas as an alternative energy source, with many countries developing infrastructure and facilities to facilitate distribution.?

More sceptical responses included concern regarding excess shipbuilding capacity ?which, coupled with the entry of new investors, will lead to a continuation in the current oversupply of tonnage and low rates?. One respondent wrote: ?We need to convince owners to stop building ships, especially tankers.?

One respondent even claimed: ?All non-operator-owned container ships need to be removed from the market, so that oversupply can be corrected.?

Moore Stephens shipping partner, Richard Greiner called the results ?A clear indication that [markets] are perceived to be improving?:

?The findings of this latest survey provide more good news for the shipping industry. It is now 15 months since we recorded a decline in shipping confidence. There is an old adage which says that confidence is contagious. If that is true, shipping certainly seems to have caught the bug.?

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PUBLISHED DECEMBER 20, 2013
A merry, lucrative, 'best since crisis' Christmas for retailers in Europe
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Dare to buy: Optimism in Spain, where consumer confidence last month reached its highest level since late 2011, has prompted retailers to hire 5 per cent more staff than last Christmas. - PHOTO: REUTERS
[BERLIN] Retailers in Europe are predicting their best Christmas since the financial crisis, though optimism is laced with caution in the face of rising e-commerce and early discounting in a fragile economic recovery.
Record unemployment and shrinking disposable incomes over the past few years have kept the brake on consumer spending, which generates about two thirds of gross domestic product. But retailers are drawing confidence from signs of improving shopper sentiment as they negotiate the key Christmas period.
The average family budget for Christmas gifts across Europe should rise this year for the first time since 2008, gaining 0.7 per cent to about 450 euros (S$779), though it remains below pre-crisis levels, a survey by consultants Deloitte showed.
The biggest gain is expected in Germany, with average spending up 6.7 per cent in Europe's biggest economy. Spanish families, despite unemployment still at 26 per cent, are forecast to lift festive spending by one per cent on last year, after a 4 per cent decline in 2012, but still-gloomy Greece, Italy and Portugal are expected to remain in negative territory.
Subscribers, log in here to read the full story. If you do not have an account, subscribe here.

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Bruce Barnard, Special Correspondent | Dec 17, 2013 11:07AM EST

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Baltic ports, already the fastest growing European container hubs, are seeking to capitalize on new ocean carrier alliances to attract more cargo, according to Drewry Maritime Research.

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Shippers Push for Carrier Concessions in Trans-Pacific

JOC Staff | Dec 18, 2013 3:18PM EST

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Believing the trans-Pacific eastbound market is in their favor headed into 2014 contract negotiations, shippers are sending requests for proposals from carriers seeking low rate levels and other concessions.

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Drewry's Eastbound Trans-Pacific Rate Decline Stops

JOC Staff | Dec 18, 2013 1:04PM EST

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The Drewry benchmark rate for shipping from Hong Kong to Los Angeles remained unchanged in the week of Dec. 18, following three straight weeks of decline. This comes two days before an attempt by the member lines in the Transpacific Stabilization Agreement to launch the first of a two-stage rate increase. Carriers including Hapag Lloyd, OOCL, Cosco and U.S. Lines are adopting general rate increases of $200 per 40-foot container, effective Dec. 20 in the Asia-to-U.S. trade lane.

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Container Ship Scrapping Hits All-Time High

Bruce Barnard, Special Correspondent | Dec 17, 2013 1:28PM EST

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A record 450,000 TEUs of capacity is set to be deleted from the world container ship fleet in 2013 and the average age of ships scrapped has fallen to an all-time low of 22 years, according to industry analyst Alphaliner.

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Someone just grab all sellers at 0.017 probably in a single trade at 14:22:50 hrs ... and continue to buy and holding 0.018. Unlikely ordinary retail buyer.

moneyplant ( Date: 19-Dec-2013 15:31) Posted:

IPCO do your own DD but some cards are still on the table

With the expectation of Europe recovery in 2014, it may also help another of IPCO's subsidiary in electronic board OEM business. Together with the subsidiary operating natural gas supply network, IPCO should do well it can break away from the problem with Blumont. Given that IPCO has almost written off investment value of Blumont by taking the $100m loss for fair value accounting, any recovery in Blumont will be a bonus.

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Better that the share finds its own stability and build on fundamental for now. Looks like it may be forming the base at 1.6c.

jackson5 ( Date: 19-Dec-2013 10:14) Posted:

Edward Not buying any more lately .

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Fed decision later.

sgng123 ( Date: 18-Dec-2013 16:16) Posted:

need to remove uncertainty over fed tapering issue. don keep dragging feet and come out with proper unwinding, the cloud over when to taper hurt market sentiment a lot. everyone holding out till coast clear.

Lucky03 ( Date: 17-Dec-2013 22:09) Posted:

The 20d MA is turning upwards while the 50d MA is flattened and turning up soon. Need NOL to close above 1.065 convincingly to confirm the positive trend. MACD is turning positive too.

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With the expectation of Europe recovery in 2014, it may also help another of IPCO's subsidiary in electronic board OEM business. Together with the subsidiary operating natural gas supply network, IPCO should do well it can break away from the problem with Blumont. Given that IPCO has almost written off investment value of Blumont by taking the $100m loss for fair value accounting, any recovery in Blumont will be a bonus.

Lucky03 ( Date: 18-Dec-2013 22:44) Posted:

Will this help IPCO's subsidiary in US marketing its properties ?

PUBLISHED DECEMBER 18, 2013
US housing starts jump to near six-year high in November
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US housing starts surged to their highest level in nearly six years in November, a sign of strength in the housing market that could give the Federal Reserve ammunition to start cutting back its bond purchases - PHOTO: REUTERS
[WASHINGTON] US housing starts surged to their highest level in nearly six years in November, a sign of strength in the housing market that could give the Federal Reserve ammunition to start cutting back its bond purchases.
The Commerce Department said on Wednesday housing starts jumped 22.7 percent, the biggest increase since January 1990, to a seasonally adjusted annual rate of 1.09 million units.
That was the highest level since February 2008 and only the second time since the collapse of the housing market in 2006 that starts rose above a 1 million-unit pace.
The department also said groundbreaking increased 1.8 per cent in October and slipped 1.1 per cent in September. The release of housing starts data for September and October was delayed because of a 16-day shutdown of the federal government in October.

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Will this help IPCO's subsidiary in US marketing its properties ?

PUBLISHED DECEMBER 18, 2013
US housing starts jump to near six-year high in November
PRINT |EMAIL THIS ARTICLE

US housing starts surged to their highest level in nearly six years in November, a sign of strength in the housing market that could give the Federal Reserve ammunition to start cutting back its bond purchases - PHOTO: REUTERS
[WASHINGTON] US housing starts surged to their highest level in nearly six years in November, a sign of strength in the housing market that could give the Federal Reserve ammunition to start cutting back its bond purchases.
The Commerce Department said on Wednesday housing starts jumped 22.7 percent, the biggest increase since January 1990, to a seasonally adjusted annual rate of 1.09 million units.
That was the highest level since February 2008 and only the second time since the collapse of the housing market in 2006 that starts rose above a 1 million-unit pace.
The department also said groundbreaking increased 1.8 per cent in October and slipped 1.1 per cent in September. The release of housing starts data for September and October was delayed because of a 16-day shutdown of the federal government in October.

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Hope the mgmt has learnt their lesson and 乖乖 work hard on growing their business esp the natural gas network in China. The floor will be set at 1.6 and move up from here as they recover.

Lucky03 ( Date: 18-Dec-2013 09:26) Posted:

Hopefully fortunately that the floor may be found at 1.6 :)

Rosesyrup ( Date: 17-Dec-2013 18:32) Posted:

Unfortunately, I am looking at the same trough too => 1.4

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Hopefully fortunately that the floor may be found at 1.6 :)

Rosesyrup ( Date: 17-Dec-2013 18:32) Posted:

Unfortunately, I am looking at the same trough too => 1.4

dekmelvie ( Date: 17-Dec-2013 18:27) Posted:

.01

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Sounds like the ex-Thai PM Thaksin's dream when he proposed a similar plan to build a canal across Thailand which will effectively cut the country into 2 parts. An ambitious plan indeed and may have even offer a possible solution to their worsening flooding problem as the country is known to be sinking ... albeit very very slowly but surely.

Blanchard ( Date: 17-Dec-2013 22:20) Posted:

Info: China may build its own 'Panama Canal' in Central America through Nicaragua

http://www.policymic.com/articles/76757/china-may-build-their-own-panama-canal-in-central-America

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The 20d MA is turning upwards while the 50d MA is flattened and turning up soon. Need NOL to close above 1.065 convincingly to confirm the positive trend. MACD is turning positive too.

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The prospect for natural energy such as natural gas and in particular in China is a no brainier. The question is whether IPCO should be placing more of its investment in something more stable with good growth than overky speculative as in Blumont that their senior management also got personal interest and risk failing in governance and exercising objective judgement.

Bigmama ( Date: 17-Dec-2013 08:57) Posted:

Ipco will not profit from natural gas. Most probability going to Flip down today.

Lucky03 ( Date: 17-Dec-2013 07:38) Posted:

Asia's buyers to pay more for natural gas
While shale gas floods the US, gas demand in Asia has outstripped supply

Seeking a better deal: Japan, South Korea, Taiwan and China bought 70 per cent of global LNG supplies last year. They can spend five times as much for the super-chilled fuel as US buyers pay for piped gas.

[PERTH] Asia's biggest economies face paying twice as much for some natural gas as old supply deals are renewed, with a North American shale glut years from helping to meet soaring demand in the region.
Rocketing prices will add billions of dollars to the power bills of Asian nations and threaten competitiveness, but mean an earnings bonanza for liquefied natural gas (LNG) producers such as Malaysia's Petronas, BP and Australia's Woodside Petroleum.
Japan, South Korea, Taiwan and China bought 70 per cent of global LNG supplies last year.
They can spend five times as much for the super-chilled fuel as US buyers pay for piped gas.