| Latest Forum Topics / Nam Cheong |
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Nam Cheong
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b2nb2n
Senior |
19-May-2016 09:48
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Use own pocket money to induce people to think it is cheap.. hmm..
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sheerluck
Supreme |
18-May-2016 16:41
Yells: "Work for your money first then let your money work for you" |
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I think it is the CEO who bought it.  He bought because he thinks it is cheap or he wants you to think it is cheap?  But both questions are irrelevant.  The important question is do you think it is cheap?
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b2nb2n
Senior |
18-May-2016 15:39
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Just read the announcement that director bought shares recently. Is that why yesterday and today up? |
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Qanghoo
Supreme |
12-May-2016 12:42
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It' s OK.  I' ll do my own due diligence.  I know what the shalers are like n posted my thoughts a number of times. 
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sheerluck
Supreme |
12-May-2016 11:00
Yells: "Work for your money first then let your money work for you" |
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That will depend on the reason why it tank to 3-4cts and the oil situation around that time.  US70-80 is hard to imgaine unless it is demand driven.  Saudi is already resigning to the fact that it can no longer depends on high oil price as their main revenue.  Indirectly they are saying they dont expect price to be much higher than now.  US shales are like vultures.  Once margin appears, they will just grab.  They are thirsty but more so becos their financiers are blood-thirsty!
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Qanghoo
Supreme |
12-May-2016 10:32
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For me, I' m prepared to throw in  a bet of 3-4k for 100 lots if px sinks that low.  If (n that' s a big if, of course) oil px re-balances to 70-80 USD by 2017 as some in the industry have predicted (granted, a lot of predictions have so far been hot air), there' ll be a big scramble back to EnP.  In turn, this will lead to  a rush for services n equipment n that' d put coys like NC back into  a sweet spot.  The gamble may be a safer bet than 4D, I think. 
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sheerluck
Supreme |
12-May-2016 10:00
Yells: "Work for your money first then let your money work for you" |
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This cannot hold long term.  No new contracts for donkey months now.  If continue no new contracts, this one sure bankrupt.  Their BTS strategy now backfired seriously.
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Qanghoo
Supreme |
12-May-2016 09:59
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Think if got some loose cash, wait for 3-4c to hoot some.  Long term still appears reasonably good coy to hold. 
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sheerluck
Supreme |
12-May-2016 09:57
Yells: "Work for your money first then let your money work for you" |
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Gone case.  I though 5cts a long way but now within near sight. |
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ninja1235
Member |
12-May-2016 08:34
Yells: "No one wins all the time!" |
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Distorting quarter result... 1. negative revenue 2. positive Cost of sales Loss of 132RM this quarter.... all is not well |
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ninja1235
Member |
09-May-2016 11:23
Yells: "No one wins all the time!" |
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No new orders for 1 year already. More than a dozen of unsold vessels in an oversupplied market.  Downside: Potential heavy write down inventory, receivables impairment and more cancellation of contracts. Upside: Chartering contracts signed. OPEC freeze oil production in June meeting, oil up NC up. Chance and impact of downside greater. I think very likely to go down below 7cents after 1st quarter announcement.
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sheerluck
Supreme |
05-May-2016 14:03
Yells: "Work for your money first then let your money work for you" |
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When it reaches 5cts?  Maybe.  Depends on how the O& G sector perform by then.
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Heypilee
Member |
05-May-2016 13:46
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Good time to average down now? | ||||
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sheerluck
Supreme |
05-May-2016 13:03
Yells: "Work for your money first then let your money work for you" |
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This one gone case.  5cts coming |
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Polarbear55
Senior |
28-Apr-2016 11:08
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Go! Nam Cheong, Go! Long over due!! 😅 | ||||
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Polarbear55
Senior |
06-Apr-2016 15:42
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BB after having fun with Mermaids..will be back here ya. Hahaha...come back fast fast! 😅 | ||||
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sheerluck
Supreme |
05-Apr-2016 09:04
Yells: "Work for your money first then let your money work for you" |
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Break below 10cts.  Good boy!
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shareluck
Veteran |
04-Apr-2016 11:33
Yells: "buy share also need some luck to win " |
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being stepped
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b2nb2n
Senior |
01-Apr-2016 16:39
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Youare so right!
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Polarbear55
Senior |
31-Mar-2016 15:26
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Marching forward to Step 2! 😅 | ||||
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