| Latest Forum Topics / Nam Cheong |
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Nam Cheong
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linbei
Veteran |
20-Oct-2014 18:02
Yells: "Huat ah!" |
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what a surprise so house make call,set to.sure attract lot of BBC and retailer.it remind me of genting Singapore.at this time,people are saying market will crash, print money retribution is coming,financial collopase.is it all bullet will be on NC only.?very interesting . | ||||
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rlong8288
Master |
20-Oct-2014 16:40
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better give a discount of 10% to any house TP |
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sincere
Member |
20-Oct-2014 16:37
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OSK-DMG: BUY 0.58. The report contains a v mischevious sentencem stating: " Easier  to  secure  an  iPhone  6  Plus  than  a  NCA80E.  All  of  the  20 NCA80E vessels planned for delivery in FY16 and beyond were snapped up  by  five  customers:  Bumi  Armada  (BAB  MK,  BUY,  TP:  MYR2.24), Vega  Offshore,  Geooffshore,  Opstad  and  Sofield,  with  the  last  three being new customers. In effect, this was a sold-out launch with no new supply for the next three years. The eight options (four to Bumi Armada and  four  to  GeoOffshore)  have  a  short  expiry  of  90-120  days  and  we expect  them  to  be  exercised  in  1Q15.  We  also  expect  those  vessels which  are  on  time  charters  to  be  chartered  for  five  years,  providing  a  visible source of recurring income to the shipbuilder.  "   I thought iphone 6 and + phones are popular. NC ships even more popular. Ha..... TP: Same as Apple stock price! |
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ranojoy
Veteran |
20-Oct-2014 14:44
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OSK-DMG: BUY 0.58 CIMB: BUY 0.54 with potential catalysts coming from stronger sales and margins   |
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tobias_i_d
Senior |
20-Oct-2014 14:24
Yells: "Good technicians don't eat heads and tails." |
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Maybank KimEng: BUY (TP 0.55) |
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daiwa888
Member |
20-Oct-2014 11:49
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yeah, i think the next set of results should be positive |
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tobias_i_d
Senior |
20-Oct-2014 11:43
Yells: "Good technicians don't eat heads and tails." |
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Nam Cheong Limited (Nam Cheong, or together with its subsidiaries, the Group), a leading global offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited (the SGX) and Malaysia&rsquo s largest Offshore Support Vessel (OSV) builder, announced Friday that it has launched a new Anchor Handling Tug Supply (AHTS) vessel, the NCA80E. The vessel is a 212.5 foot (64.8 meter) diesel electric powered AHTS with 80 tons bollard pull and is based on Nam Cheong&rsquo s proprietary design. http://www.rigzone.com/news/oil_gas/a/135508/Nam_Cheong_Secures_LOI_Worth_186M_for_12_Newbuild_AHTS_Vessels |
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ballball58
Member |
20-Oct-2014 10:39
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Bought a bit more today at 40.5c. I feel strongly that the 3Q results will be stellar in view of the insider purchases and stock buy backs. |
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sheerluck
Supreme |
20-Oct-2014 10:13
Yells: "Work for your money first then let your money work for you" |
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7mil buy-up at 40.5cts.   Seems like there are $$$ who are confident that NCL can go much higher than 40.5cts.
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ballball58
Member |
20-Oct-2014 10:07
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Wonder who it is. Must be one of the bb as vol is large  
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rlong8288
Master |
20-Oct-2014 10:02
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Someone is pushing out 500 lots each time at 0.405 |
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bishan22
Supreme |
20-Oct-2014 09:32
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Good volume today.  |
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sheerluck
Supreme |
20-Oct-2014 09:29
Yells: "Work for your money first then let your money work for you" |
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NCL up 2.5% but Swiber also up 2.5%.   Made sense? |
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sheerluck
Supreme |
20-Oct-2014 09:11
Yells: "Work for your money first then let your money work for you" |
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If i rem correctly, NC Lis a RTO from some company called Eagle something.  
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tyrtok
Member |
20-Oct-2014 08:49
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curious. anyone know what happened to this counter in oct 2010? what induce the sudden dropped in price? m & a? |
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tonylim
Master |
20-Oct-2014 08:41
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Defintely a good counter for a least the next few years.  Any price below 43 is a good buy
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junction
Master |
19-Oct-2014 12:57
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Agree Nam Cheong is a very good growrh counter.   Those who collected in the last couple of days should be happy.
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ballball58
Member |
19-Oct-2014 09:09
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If I' m not mistaken, a few weeks ago, two directors bought 1mil shrs each of the co. and that says a lot. I always like insider buying of a meaningful amount as what insider would put  money into a business that doesn' t hv a bright future. Furthermore the company is doing share buyback, and going into JV to explore other income streams. All very pos actions. No business is 100% safe from downturns but I think NC is as good as it gets in this environment. PE has become very attractive too. Div is crappy but I like co that plough back  money to expand business. Low div is fine as long as co is growing. All in all, I will buy more of the shrs should it fall again esp after the new vessel announcement. Sure LOI is not as good as actual purchase and we' ll have to monitor if there are any purchase of the new ves. in the next few Qs Forget about the collapsing stock market, ebola etc. They are just short term noises and distractions. And as one forummer here wrote, volatility means opportunity. NC to me is going great guns, at least for now. |
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linbei
Veteran |
18-Oct-2014 18:30
Yells: "Huat ah!" |
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actual US economy is in very good shape now.last week Dow supposed to be a correction only but social media protrait it like something bad is coming.very angry
.lucky I still insist that NC is gem not stone, I just buy buy buy.....Dow should be in a stable gear now. |
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tobias_i_d
Senior |
18-Oct-2014 12:25
Yells: "Good technicians don't eat heads and tails." |
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Agree... Dow, Nasdaq and S& P closed well yesterday... Another mini-bull can be expected on Monday onwards.. Happy weekend all :)
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