| Latest Forum Topics / Neptune Orient L Rg |
 Post Reply
|
|
THE BEST IS YET TO BE
|
|||||
|
earlybird14
Supreme |
11-Jun-2014 11:12
|
||||
|
x 0
x 0 Alert Admin |
Shall Temasek bought over PIL and request PIL Management to manage NOL? This may be one of the solution.
|
||||
| Useful To Me Not Useful To Me | |||||
|
earlybird14
Supreme |
11-Jun-2014 11:10
|
||||
|
x 0
x 0 Alert Admin |
Just bear in mind, When NOL acquired APL, APL was not a efficiency or effective shipping company ever.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
earlybird14
Supreme |
11-Jun-2014 11:07
|
||||
|
x 0
x 0 Alert Admin |
Like the busiest port in Europe, Rotterdam. None of top 10 container shipping company is from Netherland. So, without NOL, in term of affecting PSA port, I believe is close to Zero. Changing Airport need SIA, it is like Dubai Airport need Emirates airline, Qatar Airport need Qatar airline. But PSA doesn' t need NOL at all.
|
||||
| Useful To Me Not Useful To Me | |||||
|
foucs69
Veteran |
11-Jun-2014 11:05
|
||||
|
x 0
x 0 Alert Admin |
so far the best Box ship operator in Singapore is PIL...........too bad is private.......................... |
||||
| Useful To Me Not Useful To Me | |||||
|
earlybird14
Supreme |
11-Jun-2014 11:03
|
||||
|
x 0
x 0 Alert Admin |
The only reason here for holder to keep NOL is temasek. Therefore, I thought your topic is on the implication with Temasek about the local asset. NOL which is not really so local content and talking about the number of local employees, compared to company like keppel corp, Sembcorp, Singtel, PSA and etc, the effect of abandon NOL may be lower. Do singapore really need NOL? I really doubt so.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
HongLimPark
Senior |
11-Jun-2014 10:48
|
||||
|
x 0
x 0 Alert Admin |
Bailing out this trash if falls below 0.970. |
||||
| Useful To Me Not Useful To Me | |||||
|
foucs69
Veteran |
11-Jun-2014 10:40
|
||||
|
x 0
x 0 Alert Admin |
those who have business dealing with them will know why their stocks is so stagnant ..................... believe is have strong back stage support, but poor mgnt...........lucky have APL in it..........if not...................... |
||||
| Useful To Me Not Useful To Me | |||||
|
Sam1903
Senior |
11-Jun-2014 10:38
|
||||
|
x 0
x 0 Alert Admin |
Very sad indeed, this stocks used to give me kopi money some 14 years back during its glorious time and I always passed by their HQ building when going to work. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
famouspinky
Supreme |
11-Jun-2014 10:22
|
||||
|
x 0
x 0 Alert Admin |
2nd thing
Assets not in Singapore not consider as assets? ( or u call your car an asset?)
Business units not assets?
The thing with Singaporeans is want fast..but look at the mirror and think.
Any further elaboration will be ugly.
|
||||
| Useful To Me Not Useful To Me | |||||
|
famouspinky
Supreme |
11-Jun-2014 10:11
|
||||
|
x 0
x 0 Alert Admin |
There's a thing call going concern.
|
||||
| Useful To Me Not Useful To Me | |||||
|
earlybird14
Supreme |
11-Jun-2014 09:39
|
||||
|
x 0
x 0 Alert Admin |
Headquarter is sold, no more assets in singapore. All assets like terminals and logistics are in US and all those negative asset -- container vessels are floating on sea, new vessels are cheaper, bigger and faster to build, these vessels become negative asset which cannot clear the loan.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
11-Jun-2014 09:06
|
||||
|
x 0
x 0 Alert Admin |
World Bank cuts global economic forecast for 2014
Associated Press 2 hrs ago Paul Wiseman, AP Economics Writer WASHINGTON (AP) -- The World Bank downgraded its forecast for the global economy this year, citing a bitter American winter and the political crisis in Ukraine. In an outlook released Tuesday, the bank still expects the world economy to grow faster ? 2.8 percent this year versus 2.4 percent in 2013. But its new estimate is weaker than the 3.2 percent expansion it had predicted in January. The U.S. economy ? by far the world's largest ? shrank at an annual rate of 1 percent from January to March, chilled by an unusually nasty winter. The political crisis in Ukraine dragged growth in Eastern Europe and Central Asia. Together, those factors will "delay the recovery we talked about in January but not derail it," World Bank economist Andrew Burns told reporters. Helped by super-low interest rates, the world's wealthiest countries will expand 1.9 percent this year, up from 1.3 percent in 2013. In developing countries, growth is expected to stay flat at 4.8 percent. In its twice-yearly Global Economics Prospects report, the World Bank estimates that the 18 European countries that use the euro currency will grow 1.1 percent collectively this year after shrinking in 2012 and 2013. It sees the U.S. economy recovering from the weak first quarter and growing 2.1 percent this year, up from 1.9 percent in 2013. World growth is accelerating as the U.S. and Europe regain strength. Overall, the global economy is expected to expand 3.4 percent next year and 3.5 percent in 2016. The rate of economic growth has stalled in China and other developing countries that had bounced back quickly from the financial crisis of 2008-2009. China's economy is expected to decelerate steadily, from 7.7 percent growth last year to 7.6 percent this year to 7.5 percent in 2015 and 7.4 percent in 2016. In China, the slowdown is partly deliberate. Authorities are attempting to manage a transition from rapid growth based on exports and investment in real estate, factories and infrastructure to slower but more stable growth based on spending by Chinese consumers. But the Chinese slowdown has pinched other developing countries? from South Africa to Brazil ? that provide the world's second biggest economy with raw materials. The good news: The U.S. and Europe should pick up some of the slack as their economies improve and they demand more imports from developing countries. After growing less than 3 percent each of the past two years, world trade will expand 4.1 percent this year and 5.2 percent in 2015, the bank predicts. Central banks, including the U.S. Federal Reserve, have been supporting economic growth by keeping interest rates low. Last week, the European Central Bank announced additional rate cuts and took the historic step of imposing a negative interest rate ? charging banks for deposits with the ECB in an effort to prod them to make more loans instead of hoarding money. Burns said the ECB's moves to protect Europe's fragile recovery were "appropriate" and "go in the right direction." But he and other economists worry about what will happen when the central banks declare their mission accomplished and let interest rates rise again. Higher rates in the U.S. and Europe likely will lure investment away from developing countries. If the shift occurs too quickly, it could damage developing countries' economies and cause chaos in their financial markets ? a potential rerun of the Asian financial crisis of 1997-1998. Other risks to the World Bank's growth forecast include continued tension in Ukraine, political instability in Syria and Thailand and the possibility that China's economy slows faster than expected. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Lucky03
Elite |
11-Jun-2014 00:52
|
||||
|
x 0
x 0 Alert Admin |
Shipping is really a tough and confusing business to outsiders.
JOC ? Maritime News ? Container Lines Container shipping industry: Destination unknown Gary Ferrulli | Jun 09, 2014 5:41PM EDT 0 0 0 New Several items caught my attention during the past month regarding the direction of the container shipping industry. Some of the signals are becoming almost too clearly understandable, and some of them, well, point to something all too familiar when dealing with this industry: a mess with one of several possible outcomes. Let?s start with the ongoing mess regarding chassis. As most carriers try to extricate themselves from providing chassis after some 55 years of doing so in the U.S., we see many side effects. Going to one place to pick up or drop off chassis and another place to pick up or drop off containers is about as inefficient as you can get. I recall customers and truckers complaining 15 or 20 years ago about having to do that all within the confines of a terminal. Now it may be 5 minutes or more than an hour away from that terminal. The reality is that this would have happened regardless of who owned the chassis, because there simply isn?t enough room in ports and terminals for the process created by Malcom McLean and his truck-operating people five-plus decades ago. But the other pieces are like broken glass. Not all carriers are leaving the chassis-provision business, and some consider it a competitive advantage. Some are geographically selective in exiting the chassis business. And then there are the favored customers who, in their service contracts, get chassis provided for free or, at worst, at a negotiated lower cost. The point is that chassis are like all other matter in ocean transport: negotiable, but to a select few. Unlike McDonald?s, where a Big Mac is the same wherever you go, services provided by ocean carriers are anything but uniform, and that leads to much of the chaos we see today at terminals and inland points when it comes to first- and last-mile operations. Is that much different from any other industry? I?d say no, it?s similar to many other industries where provision of products and services is a one-on-one situation: Customers negotiate the best deal they can. The problem is that the carriers provided chassis in the U.S. for more than 50 years, and it takes time for change to settle into a new norm ? whatever that new norm is. Still to be defined is who the primary providers of chassis will be, the truckers like almost everywhere else in the world or third parties such as container-leasing companies or even entrepreneurs who develop another business model? Stand by, but don?t hold your breath, because it will be a mess for a few more years. Next are the ocean carrier financials reported during the past month. If you were a financial analyst with no understanding of the industry and saw the reports, you?d assume that several of these entities aren?t long for this world, because they?re apparently so far removed from being competitive in terms of revenue and profitability. First quarter results and forecasts for the remainder of the year simply reinforced the notion that emerged in last year?s reports that some carriers are truly pulling away from the rest of the industry. Are we finally getting to the point where there will be consolidation? It?s become apparent that size matters, that economies of scale matter, that fuel savings from considerably larger vessels matter, that having more larger vessels is far more economic than having more smaller vessels. That Maersk Line turned to them eight years ago and is continuing down that path has created a chasm that will take time and a lot of money for others to catch up. In the interim, more chaos similar to the situation with chassis in the U.S. will occur, except this will be on a global level and not confined to the U.S. Maybe a thinning of the herd is needed, unless you like chaos and the opportunities that presents. And opportunities are there, but history says they are there for the few, those with enough volume to be able to influence decisions. Cargo owners used to complain bitterly about not being treated equally, pointing to lower rates being available from another market source and demanding competitiveness. Now it?s worse. Rates aren?t competitive with other cargo interests in the same markets. The big-volume cargo movers have a significant advantage over even medium-sized shippers, and the small guy, well, good luck. Yet some of the medium-sized and smaller shippers are still there, making you wonder if the freight costs ever meant that much. Gary Ferrulli, a 40-year shipping industry veteran, is president of Global Logistics and Transport Consulting in Chandler, Arizona. Contact him at [email protected]. |
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
11-Jun-2014 00:10
|
||||
|
x 0
x 0 Alert Admin |
There are not short of encouraging news. Will NOL deliver a positive Q2 ?
Seatrade 10th June 2014 Shanghai moves higher box throughput in May By Lee Hong Liang from Singapore China?s Shanghai port handled a higher volume of containers in May over the previous corresponding period, while volumes remained stable month-on-month. The world?s busiest container port posted container throughput of 3.02m teu in May, up 2.8% compared to 2.94m teu recorded in the same month of 2013, data from Shanghai International Port (Group) Co (SIPG) showed. Last month?s throughput was stable compared to 3.02m teu in April this year. In the first five months of 2014, Shanghai moved a total throughput of 14.21m teu, up 4.7% from 13.57m teu in the same period of last year. Published inAsia, Containers, Port & Logistics |
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
11-Jun-2014 00:05
|
||||
|
x 0
x 0 Alert Admin |
ECB is determine to revive Europe's economies.
PUBLISHED JUNE 10, 2014 ECB policymakers say can do more if needed PRINT |EMAIL THIS ARTICLE European Central Bank policymakers stressed on Tuesday that they can still do more to support the eurozone economy after last week announcing a package of measures to ward off the threat of deflation - PHOTO: BLOOMBERG [HELSINKI/BRATISLAVA] European Central Bank policymakers stressed on Tuesday that they can still do more to support the eurozone economy after last week announcing a package of measures to ward off the threat of deflation. The central bank chiefs of Finland and Slovakia, Erkki Liikanen and Jozef Makuch, who both sit on the ECB's 24-member Governing Council, said the bank could do more if needed. Last Thursday, the ECB cut interest rates to record lows, launched a series of measures to pump money into the sluggish eurozone economy, and pledged to do more if needed to fight off the risk of Japan-like deflation. "This is not it yet," Mr Liikanen said at the Bank of Finland's quarterly news conference when asked about remaining tools in the ECB's kit. |
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
11-Jun-2014 00:03
|
||||
|
x 0
x 0 Alert Admin |
Thought APL should benefit from strong US growth.
PUBLISHED JUNE 10, 2014 US wholesale inventories rise solidly, may boost second-quarter GDP PRINT |EMAIL THIS ARTICLE US wholesale inventories rose more than expected in April, bolstering views of a sharp acceleration in economic growth in the second quarter - PHOTO: AFP [WASHINGTON] US wholesale inventories rose more than expected in April, bolstering views of a sharp acceleration in economic growth in the second quarter. The Commerce Department said on Tuesday wholesale inventories increased 1.1 per cent after advancing by the same margin in March. The rise outstripped economists' expectations for only a 0.5 per cent gain. Inventories are a key component of gross domestic product changes. The component that goes into the calculation of GDP - wholesale stocks excluding autos - increased 1.1 per cent. A sharp slowdown in the pace of restocking by businesses helped to sink economic growth in the first quarter, but a swing in inventories is expected in the April-June period. |
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
10-Jun-2014 22:11
|
||||
|
x 0
x 0 Alert Admin |
When the tide rises, all ships will rise. The big question is anyone can tell for sure how the next wave of trade growth will be like and if they will surprise many and doing more to absorb the over supply situation on the positive side !
PUBLISHED JUNE 10, 2014 Industrial output growth quickens in April, recovery broadens out PRINT |EMAIL THIS ARTICLE British industry enjoyed its strongest annual growth in over three years in April, a further sign that the country's rapid economic expansion is becoming less reliant on consumer demand - PHOTO: REUTERS [LONDON] British industry enjoyed its strongest annual growth in over three years in April, a further sign that the country's rapid economic expansion is becoming less reliant on consumer demand. Industrial output grew 3.0 per cent, beating forecasts to record its biggest annual rise since January 2011, and in the three months to April it achieved its fastest pace of growth since June 2010, official data showed on Tuesday. Britain's economy as a whole kept up last year's strong momentum in the first part of this year, and the recovery is showing signs of broadening out from its earlier reliance on consumer demand and housing-related sectors. That will be reassuring for policymakers who worry about the sustainability of a recovery led by consumers enjoying record low interest rates and a sharp rebound in house prices. |
||||
| Useful To Me Not Useful To Me | |||||
|
famouspinky
Supreme |
10-Jun-2014 18:14
|
||||
|
x 0
x 0 Alert Admin |
Possible to abandon loss making company unless no underlying assets or national interest.
|
||||
| Useful To Me Not Useful To Me | |||||
|
earlybird14
Supreme |
10-Jun-2014 16:57
|
||||
|
x 0
x 0 Alert Admin |
I am not comparing any about operation, balance sheet or anything between this company since 2 are totally different companies. But just want to point that Temasek also can abandoned their loss making subsidiary and the loss making subsidiary share price can also drop drop drop, then gonna sold out with cheap price
|
||||
| Useful To Me Not Useful To Me | |||||
|
famouspinky
Supreme |
10-Jun-2014 15:22
|
||||
|
x 0
x 0 Alert Admin |
Chartered is manufacturing. Comparing apple with banana will make u stomach pain
|
||||
| Useful To Me Not Useful To Me | |||||