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Thank Starship for posting the article, but the heading should be Cosco Shipping International (Singapore) Co Ltd doesn' t have port operation business.
I am aware of another Cosco (*) in Singapore operating port operation in Singapore, and asked CEO whether the port operation will come under as new business of Cosco Shipping International (Singapore) Co Ltd, the answer was " No" that came under different business structure. See the Cosco/PSA joint venture:
https://www.singaporepsa.com/our-business/terminals/joint-venture-terminals
Starship ( Date: 22-Jan-2019 09:40) Posted:
This SG Cosco don' t have any shipyard operations at all. All sold back to China Cosco.
Fm their 2017 Annual Report:
" Discontinued shipyard operations On 5 May 2017, the Group announced the disposal of all the shipyard assets in China to the Parent Group. The transaction was on a willingbuyer and willing-seller basis after taking into account the value of net assets and profits and losses till 31 March 2017.
In August 2017, the Group&rsquo s shareholders approved the sale of 51% equity interest in COSCO Shipyard Group Co., Ltd., 50% equity interest in COSCO (Nantong) Shipyard Co., Ltd. and 39.1% equity interest in COSCO (Dalian) Shipyard Co., Ltd. (collectively the Group&rsquo s shipyard business in China).
The relevant authorities in China have given their approval for the transfer of shareholdings of COSCO Shipyard Group Co., Ltd. and COSCO (Dalian) Shipyard Co., Ltd. in October 2017 and COSCO (Nantong) Shipyard Co., Ltd. in November 2017. Accordingly, the 3 entities ceased to be subsidiaries of the Company on the respective dates.
Continuing operations
The Group recorded loss from continuing operations in dry bulk shipping, ship repair, marine engineering related activities and rental of property of $27.1 million on turnover of $37.2 million for 2017. Seven bulk carriers were scrapped by the end of 2017. Currently, the Group&rsquo s dry bulk shipping fleet comprises three bulk carriers. Companies owning the seven scrapped bulk carriers have since been or will be deregistered from the Registrar of Business in Singapore and Hong Kong."
SG Cosco now has only 3 segments. Their Main business is now Logistics, the other 2 are classified as Other business:
-- Logistics (under Cogent 100%)
-- Dry bulk shipping (under PT. Ocean Global Shipping 40%)
-- Ship repair and marine engineering
http://cosco.listedcompany.com/newsroom/20180404_173908_F83_WBS36VUJIENUJYOT.1.pdf
brchkho1 ( Date: 22-Jan-2019 09:16) Posted:
| From what i know, this COSCO port operation business is not operated under COSCO Shipping Singapore |
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From what i know, this COSCO port operation business is not operated under COSCO Shipping Singapore.
tchoonw ( Date: 22-Jan-2019 07:56) Posted:
https://www.porttechnology.org/news/cosco_and_psa_expand_china_terminal
ysh2006 ( Date: 22-Jan-2019 07:50) Posted:
| Some said this stock was involved in a bankrupt offshore oil company in HK |
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They wanted the concept of Singapore RWS, hence it' s very likely GS will get it. It' s believed there are 5 in the market can do it and GS is one of them. Plan to have 3 casino, the chances are quite good, 5 go for 3. My 2 cts. DYDD.
Gencasino ( Date: 17-Jan-2019 15:43) Posted:
| Very Very High chance for malaysian company @Genting to get the Japan License...payback for atrocities committed by the Japanese in Malaysia during WW2...payback time... |
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Instead of bringing it down, it went up to 0.345
brchkho1 ( Date: 16-Jan-2019 11:59) Posted:
Hope they bring it down to 0.27...
huathuat88888 ( Date: 16-Jan-2019 09:44) Posted:
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Hope they bring it down to 0.27...
huathuat88888 ( Date: 16-Jan-2019 09:44) Posted:
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Looking at Q3, expecting NP of around $800m unless the surprises from the impairments. My 2 cts. DYDD.
shadow ( Date: 16-Jan-2019 11:01) Posted:
Genting Singapore Limited (the " Company" ) wishes to announce that the Company will release its full year financial results for the year ended 31 December 2018 on Thursday, 21 February 2019, after trading hours.
Johngenting ( Date: 16-Jan-2019 10:39) Posted:
| GS quarter result date ? Anyone"know |
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It' s quietly moving up slowly....
balasuperman ( Date: 15-Jan-2019 11:34) Posted:
| As shareholders we would definitely like to see the price of our share increase. A mandate was given to the company to do a share buy back. At current prices which is nearly 35% discount to nav it is more prudent for the company to do so. It will show the group confidence n potential of the company. Wish that they will announce forgoing dividends for next month which is at tetaively 0.005cents which works out to about 8 million dollars n use that money to buy back shares from the open maret. Let us hope for the best. |
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May be the big funds are buying leh....or the shortists are covering their shorted positions b' cos of good news is coming...
Trader130 ( Date: 15-Jan-2019 11:12) Posted:
By then big funds selling Liao I Guess 😂 😂 😂
TenPips ( Date: 15-Jan-2019 10:54) Posted:
| Next big gap - 118 to 123. Accumulated enough - time for funds to push. |
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Not all the postmen are like that guy lah. The postmen serviced my area, so far so good. What I did was, when door bell rang, I will shout out...." Coming....." . I always get my parcels or registered articles if I am at home. Have to collect from Post Office only when he/she came when no one is at home. I also evidenced one other postal inspector checking into the letter box on the mail delivery. In the begining, I thought this guy is postman and asked him some questions and he identified himself as postal inspector checking on the work of the postmen,
Starship ( Date: 15-Jan-2019 10:56) Posted:
Very disgraceful service quality. So many people colloborated that postmen failed to even knock on their doors................
SingPost delivers apology for recent ' service failures'
15 Jan 2019 09:05AM(Updated: 15 Jan 2019 10:17AM)
SINGAPORE: SingPost on Monday (Jan 14) apologised to customers for its " service deterioration" in recent weeks, citing a " tremendously busy" November-December period as the reason for poor service quality.
" It would be fair to state that we have failed to live up to expectations in recent times," said the postal delivery service on its website and in a Facebook post.
In explaining the background to the service deterioration, SingPost said it delivered an average of 3 million mail items a day, but an increase in package volumes for last year' s November-December period put additional pressure on its services.
Netizen Andy Lau said in a Facebook post last month that he had to chase after a delivery man when the man left after knocking at his door for a " few seconds" .
" Delivery guy knocked for a few seconds, ran off and left the note before I can answer the door," said Lau. " I sprinted down and camped at his bike until he appeared. Confronted him about it and he couldn' t put his words together properly on how he waited for more than 20 minutes."
Following SingPost' s apology post on Monday, its Facebook page has been inundated with complaints of poor service from other disgruntled netizens.
" Recently I found a stack of letters on top of the letter box," wrote Facebook user Terrence Wang in a comment. " It includes letters addressed to me and a lot of my neighbours. Your useless postman just (left) that whole stack of letters on top of the letter box.
" I got to go door-to-door to deliver the letters to my neighbours. Am I the postman of my block?"
In another comment, Karen Law said: " The delivery man left my packages that are worth more than USD$100 at the door step and forged the recipient' s signature. That is totally unacceptable. When I emailed Singpost, I was given a generic reply. What' s the point of providing feedback when you won' t even acknowledge the issue and answer my questions?"
Facebook user Jonathan Lau told Channel NewsAsia that he had been getting failed delivery notifications from SingPost for " as long as I can remember" - even when someone was actually at home.
" The bell would be silent the whole day and I' ll get notifications when I came home," he said. " So I reviewed my CCTV footage and found out that the postman just strolled by, dropping my regular mail together with the failed delivery slips."
" He didn' t even have my parcel in hand."
Posting his comment on Facebook, Lau rejected SingPost' s explanation about a surge in demand, saying that its issues were a " deep-seated problem that has nothing to do with surge in demand" .
Said Lau: " I wrote to say my CCTV footage showed your driver dropping a failed delivery notice without ringing the bell. That he didn' t even take my parcel from his bike. That I had received at least 12 failed notifications that past week when someone was always home.
https://www.channelnewsasia.com/news/singapore/singpost-apology-fail-delivery-mail-package-says-sorry-11123416 |
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Climbing up ....... several rounds of buying back. Watching this one closely.Vested. DYDD.
tonylim ( Date: 14-Jan-2019 09:47) Posted:
Good entry point and the dividend yield is very very attractive (9-12 %)
brchkho1 ( Date: 11-Jan-2019 21:25) Posted:
| This one appreciated about 15.1% from 26.12. Market fear, I greed. Chiong ah........ Vexted. DYDD |
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This one appreciated about 15.1% from 26.12. Market fear, I greed. Chiong ah........ Vexted. DYDD
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Official TOP is 2020, any update on the stage of construction? Usually new developments always get TOP earlier than the official deadline. Appreciate anyone living nearby to post a latest picture of this devlopment.
stockinvestor ( Date: 11-Jan-2019 09:46) Posted:
| saw a Parc Botannia ad by propnex which says Final Phase Released. All Units for Sales. |
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It' s not slowly leh. Quite fast....-6%. For those who bought with the idea of privatization, went to holland liao.
wehuattogether88 ( Date: 26-Dec-2018 11:51) Posted:
| I think the share price is slowly dropping back, those holding might not be waiting any longer...after all the privatisation might or might not materialize... |
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It' s ony my 2 cts opinion, but don' t you see that many good companies have been taken private over the years.
Qanghoo ( Date: 27-Nov-2018 17:38) Posted:
By ur arguement, the exchange can close liao.
brchkho1 ( Date: 27-Nov-2018 17:15) Posted:
| This Co is liquid, and now is profitable for several years, it' s one of the best performing business and generating good profit. The major shareholder may take it back to keep the profit within the parent company instead of letting the profit to be shared by others. Besides, it can be used as a vehicle to compliment the OBR in the aviation sector. Currently, OBR is very much on the land and marine, but little weightage on aviation.My 2 cts. DYDD. |
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Always remember, actual profit is the money in your pocket and not on paper. Don' t forget while people are buying at that kind of prices, who are selling to the buyers? My 2 cts. DYDD.
Sgvale ( Date: 27-Nov-2018 13:33) Posted:
| There's risk in this level. Those can hold , hold for hope for higher once announcement. Those can't, consider. |
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This Co is liquid, and now is profitable for several years, it' s one of the best performing business and generating good profit. The major shareholder may take it back to keep the profit within the parent company instead of letting the profit to be shared by others. Besides, it can be used as a vehicle to compliment the OBR in the aviation sector. Currently, OBR is very much on the land and marine, but little weightage on aviation.My 2 cts. DYDD.
helloisme ( Date: 27-Nov-2018 16:29) Posted:
Will they ? If yes, guess what is the price ?
brchkho1 ( Date: 27-Nov-2018 15:15) Posted:
| I am waiting for this one to be privatized |
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I am waiting for this one to be privatized.
helloisme ( Date: 26-Nov-2018 09:39) Posted:
Bashed down very badly due to the quaterly results ........investors are waiting to see the next Q resutls and dividend first ....
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Vested at low costs and DYDD.
brchkho1 ( Date: 23-Nov-2018 15:54) Posted:
Current price is near to NAV and this Company' s financials are healthy and debt free, it' s also one of the profitable SOE listed outside PRC. Not sure if the major shareholder will take it back in view of it' s good profile. After all, " fat water will not be allowed to flow into other' s farm land" .
helloisme ( Date: 17-Oct-2018 09:07) Posted:
S1.460 - $1.470 now ....
358.1 lots road block at $1.470
Real sellers or road block to collect at low price ?
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Current price is near to NAV and this Company' s financials are healthy and debt free, it' s also one of the profitable SOE listed outside PRC. Not sure if the major shareholder will take it back in view of it' s good profile. After all, " fat water will not be allowed to flow into other' s farm land" .
helloisme ( Date: 17-Oct-2018 09:07) Posted:
S1.460 - $1.470 now ....
358.1 lots road block at $1.470
Real sellers or road block to collect at low price ?
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It' s still trending down.
fatpanda ( Date: 23-Nov-2018 09:06) Posted:
Not just oversold, heavily oversold!
Sgvale ( Date: 23-Nov-2018 09:02) Posted:
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