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ranojoy Veteran	07-Aug-2014 16:55        ranojoy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I am expecting NCL to hit new highs tomorrow post results announcement...... fingers crossed.
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ash902 Veteran	07-Aug-2014 16:43        ash902 About Contact  Quote this Post!
x 0   x 0  Alert Admin	4 million share queueing to sell at 0.48.. buy queue keeps toppin up
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sincere Member	07-Aug-2014 12:43        sincere About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nam Cheong (AD, TP:S$0.52▲ ) - 2QFY14 earnings preview Author: value_investor | Publish date: Thu, 7 Aug 11:56 | > > Read article in Blog website  Target S$0.52 (Stock Rating: ADD) Nam Cheong is due to release its 2QFY14 results on 8 Aug, before trading hours. We expect it to post a 2Q core net profit of RM61.3m, bringing 1H14 core net profit to 50% of our previous FY14 estimate. The expected 60% yoy rise in 2QFY14 core earnings is due to the record vessel sales in 2013 while the 6% qoq drop is due to assumed lower margins qoq, partially offset by higher revenues. We lift our FY14-16 core EPS by 6-24% on the back of a larger delivery programme in 2016. Our P/E-based target price rises as a result of this and the higher target multiple of 9x CY15 (8x prev.), still at peer average. We see that the sector is undergoing a slight re-rating. We keep our Add call, with catalysts coming from stronger-than-expected vessel sales and earnings.  What Happened  We preview Nam Cheong' s 2QFY14 results which will be released on 8 Aug. What We Think  On the back of six vessel sales worth US$176m in the quarter, we expect Nam Cheong to post RM61.3m in core earnings for 2Q (+60% yoy), bringing 1H14 core earnings to 50% of our previous FY14 estimate. The expected 60% yoy increase in revenue is due to the record vessel sales made in 2013. We expect 2Q core earnings to drop qoq by 6% due to lower margins. We forecast Nam Cheong to achieve 18.5% gross margins for its shipbuilding segment in 2Q vs. 20.1% in 1Q. We project revenue to rise by 58% yoy and 7% qoq to RM435.2m for 2Q. The higher qoq turnover is due to the higher value of vessel sales as well as the faster delivery period for the vessels sold in 2Q (a higher proportion of the sales value will be recognised in the near term). Nam Cheong sold seven vessels worth US$113m in 1Q vs. six vessels worth US$176m in 2Q. Further, the delivery period for the vessel sales in 1Q was on average 5.4 quarters, vs. four quarters for 2Q vessel sales. In addition, we take this opportunity to raise our FY14-16 core EPS by 6-24% on the back of a larger delivery programme for 2016. We now expect the company to deliver 35 vessels worth ~US$750m in 2016 (previously 30 vessels worth ~US$650m). Our assumption of delivery of 35 vessels worth ~US$650m in 2015 is unchanged. On balance, we expect a stronger 2H for FY14 as the vessel sales pick up momentum. What You Should Do  Maintain Add. Leveraging the Chinese yards, we expect Nam Chong to post a 3-year core EPS CAGR of 18% over 2013-16, thanks to the positive sentiment in its home country (Malaysia), buoyant OSV cycle and its ability to fulfil customers' immediate needs. Source: CIMB Daybreak - 07 August 2014, Full PDF Report
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ash902 Veteran	07-Aug-2014 12:07        ash902 About Contact  Quote this Post!
x 0   x 0  Alert Admin	this stock is worth keeping for the long term
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nami_robin Member	07-Aug-2014 11:00        nami_robin About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am accumulated high but it won' t make me feel worry at all ! Good stock !
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ramuslow Member	06-Aug-2014 20:01        ramuslow About Contact  Quote this Post! Style: Technical   Mood: Yells: "MASTERSTOCKTRADER BLOG SPOT SG"
x 0   x 0  Alert Admin	This is a very strong stock.  Not affected by the recent Market sell down
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sincere Member	06-Aug-2014 11:59        sincere About Contact  Quote this Post!
x 0   x 0  Alert Admin	From OSK DMG ------------- Nam Cheong - Buy On Dips Before Results Nam Cheong will release its results before the market opens on Friday. We expect PATMI of c. MYR55m, up 35% y-o-y, on the back of a MYR1.7bn-strong orderbook (before recognitions). Nam Cheong is trading at 9x FY14F EPS and 38% core PATMI growth. The recent share price pullback due to global market jitters is non-company-specific and presents an attractive entry point. BUY before the results, with an unchanged TP of SGD0.53. ■ Strong 2Q backed by secure orders Buoyed by its MYR1.7bn-strong orderbook, we expect Nam Cheong to continue to deliver sturdy quarterly earnings of c. MYR55m, bringing its 1H14 earnings to c. 47% of our FY14F estimate. We expect 2H14 to be stronger, with higher vessel sales being the main earnings driver.   ■ Vessel sales to strengthen in 2H14 Assuming that Nam Cheong sold before delivery all of its FY14 stock and 40% of FY15&rsquo s shipbuilding programme, 18 vessels may be sold in the last five months of 2H14. Including the vessels sold on 1 July this year, it only sold 13 vessels in the first half.   ■ Consensus upgrades forecasts and more to come Three months ago, we were 45% above consensus&rsquo FY16F estimates, and expected consensus to upgrade from zero y-o-y growth assumptions. As Figure 1 shows, this is now in progress, and we believe more FY15/16F upgrades may follow in the upcoming quarters as Nam Cheong continues to deliver strong margins and earnings growth. ■ Buy on global-market jitters The recent share price pullback has nothing to do with Nam Cheong as a company, and is entirely due to global market jitters caused by Argentina&rsquo s default, European worries, as well as other macroeconomic factors. We think that the company&rsquo s consistent operational outperformance may reassure investors while the stock&rsquo s 7.5/6.6x FY15/16F P/Es continue to look undemanding.   We recommend accumulating before the 2Q14 results are released on Friday morning, and ahead of any new sales contracts. Maintain BUY, with our SGD0.53 TP based on 10x blended FY14/15F EPS. (Read Report)
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Sharemaker Member	01-Aug-2014 16:29        Sharemaker About Contact  Quote this Post!
x 0   x 0  Alert Admin	This counter and a few are definitely over-promoted. Slowly, it will retrace back to an acceptable valuation. No need to run after these counters if you are investors unless you are traders and need quick profit for KOPI.
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ash902 Veteran	01-Aug-2014 12:02        ash902 About Contact  Quote this Post!
x 0   x 0  Alert Admin	good time to buy in now as it retraced a little
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nami_robin Member	01-Aug-2014 10:39        nami_robin About Contact  Quote this Post!
x 0   x 0  Alert Admin	It' s time to collect back liao..
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sincere Member	22-Jul-2014 17:40        sincere About Contact  Quote this Post!
x 0   x 0  Alert Admin	Close at 48 cents, or +1 cents. Historic high! Yeah!!!!
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ash902 Veteran	17-Jul-2014 13:41        ash902 About Contact  Quote this Post!
x 0   x 0  Alert Admin	looks like its time..
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daffytlh Veteran	17-Jul-2014 13:11        daffytlh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	coming liao  i think
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andante Member	17-Jul-2014 10:19        andante About Contact  Quote this Post!
x 0   x 0  Alert Admin	High vol for the past 2 days but not much price change for this counter.
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nami_robin Member	11-Jul-2014 17:18        nami_robin About Contact  Quote this Post!
x 0   x 0  Alert Admin	It seems like cool down and back on the normal track.. I will continue to collect more when it drop.. :D
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rheng87 Member	10-Jul-2014 07:03        rheng87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope it cheong again today...!
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TheNoobie Member	10-Jul-2014 01:01        TheNoobie About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Money money come! "
x 0   x 0  Alert Admin	Thanks sgnec. Saw it on my poems web there. Usually I use the poems app only. It only show the most recent time frame trades only or can I view whole day? Can' t seem to scroll down ...  sgnec88      ( Date: 08-Jul-2014 01:08) Posted: TheNoobie, the info should be available on your trading platform.
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nami_robin Member	09-Jul-2014 11:12        nami_robin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today Up again... Don up too fast... I wanna accumulate more.... XD
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sgnec88 Member	08-Jul-2014 01:08        sgnec88 About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	TheNoobie, the info should be available on your trading platform.
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TheNoobie Member	07-Jul-2014 23:51        TheNoobie About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Money money come! "
x 0   x 0  Alert Admin	Hi all Im new to the stock market may I know where to find this detailed buy up or sell down info? Could be useful in analysing   Thanks  TheNoobie      ( Date: 06-Jul-2014 00:32) Posted: Hi tony  what website can I find this info from? tonylim      ( Date: 03-Jul-2014 16:40) Posted: Heavy buy up:         N4E (Nam Cheong)       SGX        Last retrieved on Thursday, 3 Jul, 2014 at 04:39:27 PM   Day High: 0.455 Net Change: 0.030 Total Value: 17,769,675   Day Low: 0.420 Last Done: 0.450 Volume: 40,667,000 Time Last Volume Buy/Sell 16:37:25 0.450 1,000 Buy Up 16:37:24 0.450 6,000 Buy Up 16:37:24 0.450 5,000 Buy Up 16:37:24 0.450 100,000 Buy Up 16:37:24 0.450 9,000 Buy Up 16:37:24 0.450 80,000 Buy Up 16:37:20 0.450 20,000 Buy Up 16:37:20 0.450 5,000 Buy Up 16:37:20 0.450 35,000 Buy Up 16:37:20 0.450 20,000 Buy Up 16:37:20 0.450 45,000 Buy Up 16:37:20 0.450 25,000 Buy Up 16:37:20 0.450 5,000 Buy Up 16:37:19 0.450 15,000 Buy Up 16:37:19 0.450 5,000 Buy Up 16:37:18 0.450 15,000 Buy Up 16:37:18 0.450 15,000 Buy Up 16:37:18 0.450 100,000 Buy Up 16:37:17 0.450 30,000 Buy Up 16:37:17 0.450 100,000 Buy
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