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Nam Cheong
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misschin
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13-Oct-2014 18:09
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OK, I' m not a clairvoyant, but if you buy NC at below 40c, the chances of it going above that within 6mths is pretty good given that it is posting record sales and hopefully record profits in the next Q and for the financial year. I think it' s a no brainer. The only way that it will sink below 40c and remain at such a subdued level is if the whole market tanked. Well, you can come back and kick my butt if I' m wrong  :-)  lol
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ytoh1688
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13-Oct-2014 17:56
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you all work for CIA or KNN? |
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linbei
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13-Oct-2014 17:52
Yells: "Huat ah!" |
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ISIS attack till 39 CTS but NATO allies air strike and Kurds force fight back to close at 40.5 CTS.very interesting. | ||||
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misschin
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13-Oct-2014 17:26
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floravale, I' m really not smart enough to know precisely what will happen in 6 months time. But I know from experience that sectors go in and out of favour. The o& g sector is now being beaten to death due to falling oil prices thanks to surplus production, slowing demand, etc. However, Opec is now thinking of cutting production to stop the fall in prices. Who knows what will happen in the next few months. Perhaps a bitter cold winter could drive up energy prices. Perhap tension in the Middle East or Russian could push up prices. One thing I know is that the demand and price of oil will always come back after a down cycle. Also the stock market is going thru a corrective mode. I see this as a healthy correction as the US economy is quite convincingly heading north. This correction is not going to last for more than a couple of months. Things will be volatile but market won' t stay down. Lastly, NC business model and fundamentals are very sound. Once the correction is over, NC share prices are in a great position to recover quicky. An ailing company with poor fundamentals after a massive beat up may not recover but not in the case of NC. So, I am confident that the stock price of NC will recover when the correction is over. It may take less than 6mths or over 6mths but it will recover. If you disagree, I would love to hear your opinion  :-) |
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floravale
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13-Oct-2014 16:48
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Care to share y u think within 6 mths?
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misschin
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13-Oct-2014 16:20
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StockFanatic said NC might go down to 37c before rebounding. Maybe better to wait a little before going in. Good luck
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RoundRound
Elite |
13-Oct-2014 16:08
Yells: "Tikam Tikam can also" |
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Look like margin call forced selling. | ||||
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andyphng
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13-Oct-2014 15:54
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0.4c now. Now is the time to enter. |
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hp3000
Veteran |
13-Oct-2014 15:04
Yells: "Huart Ah !! Count $$$$$ liao" |
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Are you sure within 6mtns it will profit ?
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misschin
Member |
13-Oct-2014 09:45
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The more sell down the better. I want to buy it cheap as within 6mtns you will see profits. BB sell down of a good stock is the best present. |
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hp3000
Veteran |
13-Oct-2014 09:39
Yells: "Huart Ah !! Count $$$$$ liao" |
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Selling down pressure still on. This stock very much depend on BB. As it div was so little no much pple interested. Can' t stand the selling down by BB. |
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misschin
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13-Oct-2014 08:11
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I am always skeptical about TP given by analysts as very seldom do prices actually reach the TPs. Instead, when insiders buy a substantial number of share of their co, it is a very good indication the companies' operations are very positive.  NC prices move slowly but  I am happy to wait.   |
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linbei
Veteran |
13-Oct-2014 07:40
Yells: "Huat ah!" |
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Hope NC can withstand Isis attack of selling down for next few day | ||||
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linbei
Veteran |
12-Oct-2014 23:26
Yells: "Huat ah!" |
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Early Nov,3Q result released. | ||||
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linbei
Veteran |
11-Oct-2014 14:47
Yells: "Huat ah!" |
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Dow is down 100 pt, 40 iscoming | ||||
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misschin
Member |
11-Oct-2014 11:06
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Yes, I too will buy too if the price falls further. The current fall in price is ridiculous and is a reflection of traders stampeding out of the sector like a herd of panic strikened cattle than a reflection of the company' s performance and business outlook. Well, you know what they say, when the market panicks, it' s time to get greedy.  
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ranojoy
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10-Oct-2014 20:03
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its on sgx website under company announcements. | ||||
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bheart87
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10-Oct-2014 19:58
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Hi, mind to share where you find this info?
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ranojoy
Veteran |
10-Oct-2014 19:22
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Nam Cheong expects record deliveries this year and next as the company's focus on shallow-water oil search products helps it withstand a drop in crude-oil prices. Nam Cheong expects to hand over 30 vessels that provide support to offshore exploration and production facilities this year and 35 in 2015, said Chief Executive Officer Leong Seng Keat | ||||
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misschin
Member |
10-Oct-2014 19:08
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3Q results must be very very good to warrant the purchases. |
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