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oldbirdy Senior	01-Apr-2017 12:49        oldbirdy About Contact  Quote this Post!
x 0   x 0  Alert Admin	So the cost make the account lost money due to unsold vessel to realising the profit..... why need to sell down so badly? laksaman57      ( Date: 01-Apr-2017 10:44) Posted: Unsold vessel dont incur cost ? oldbirdy      ( Date: 31-Mar-2017 23:42) Posted: At this price...... Is basically not justify Watch out for strong rebound..... they still have many unsold vessels.... zero value? Cannot be right !!
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laksaman57 Supreme	01-Apr-2017 10:44        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Unsold vessel dont incur cost ? oldbirdy      ( Date: 31-Mar-2017 23:42) Posted: At this price...... Is basically not justify Watch out for strong rebound..... they still have many unsold vessels.... zero value? Cannot be right !!
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ysh2006 Supreme	01-Apr-2017 10:43        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It could be Ezra effect...Auditor said  company maybe cannot survive make public' kan cheong ' spider mah.....Next AGM sure they will replace this auditor..... oldbirdy      ( Date: 28-Mar-2017 23:28) Posted: the problem is .... why lately the selling down so firece .....Fast and   furious !!!
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alishan Senior	01-Apr-2017 09:34        alishan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Need to change the name to Kan Cheong, then it will climb up like spider.   Or else all shareholders become kan cheong spiders.   oldbirdy      ( Date: 31-Mar-2017 23:42) Posted: At this price...... Is basically not justify Watch out for strong rebound..... they still have many unsold vessels.... zero value? Cannot be right !!
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oldbirdy Senior	31-Mar-2017 23:42        oldbirdy About Contact  Quote this Post!
x 0   x 0  Alert Admin	At this price...... Is basically not justify Watch out for strong rebound..... they still have many unsold vessels.... zero value? Cannot be right !!
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Msport Elite	29-Mar-2017 09:44        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	sellers all sold... look like gonna have short covering rally soon....
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oldbirdy Senior	28-Mar-2017 23:28        oldbirdy About Contact  Quote this Post!
x 0   x 0  Alert Admin	the problem is .... why lately the selling down so firece .....Fast and   furious !!!
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Charleschoong Veteran	28-Mar-2017 23:16        Charleschoong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Any Comment for this share?
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sheerluck Supreme	28-Mar-2017 15:54        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 1   x 0  Alert Admin	Indeed a super good news.   Use own JV to buy up some of its unsold vessels.   Watch out for vessels sale from Nam Cheong.   Coming soon.   Then followed by next quarter reporting a " stronger" balance sheet. If CEO and/or wife start buying shares from open market can comfirm frying pan is out liao.   shares69      ( Date: 28-Mar-2017 14:46) Posted: super super good news. thank you!!!
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laksaman57 Supreme	28-Mar-2017 15:01        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	"It's a way of Marco Polo putting some of its excess boats into Malaysia. I don't see it helping Nam Cheong newbuilds in China at all," a well place source told Splash." granto      ( Date: 28-Mar-2017 14:42) Posted: Marco Polo looks to Malaysian JV with Nam Cheong to find work http://splash247.com/marco-polo-looks-malaysian-jv-nam-cheong-find-work/
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shares69 Member	28-Mar-2017 14:46        shares69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	super super good news. thank you!!!
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granto Master	28-Mar-2017 14:42        granto About Contact  Quote this Post!
x 0   x 0  Alert Admin	Marco Polo looks to Malaysian JV with Nam Cheong to find work http://splash247.com/marco-polo-looks-malaysian-jv-nam-cheong-find-work/
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BillionX Senior	25-Mar-2017 10:50        BillionX About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is very telling when the company management offload shares prior to the press release on the audited accounts.Does not look good!
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NoRiskNoGain Veteran	25-Mar-2017 09:33        NoRiskNoGain About Contact  Quote this Post!
x 0   x 0  Alert Admin	Working is one thing and being in the bod is another. I work for SCI that doesn means i will have insight on their management decision. That being said, their debt ratio and revenue will be the deciding factor. No one want to buy a sinking ship no matter which datos or billionaire, knowing that this coy will bleed more in the near future. Linc energy was one example, SS was genting but still chap 11 Goodfaith      ( Date: 24-Mar-2017 18:39) Posted: Happen to work in Sarawak for some project last few month gave me some insight into Tansri ' s effort to save this ship. NoRiskNoGain      ( Date: 24-Mar-2017 17:47) Posted: Wow u are so confident on NC ah?? I think u might have loaded up on my shorts 😉
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mepkoh Elite	25-Mar-2017 09:26        mepkoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	another one bite the dust?? unlikely..but share prices not going anywhere until loans settled.. below 2 cts...i will be buying.
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shadow Veteran	25-Mar-2017 09:15        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for the advice  sheerluck      ( Date: 24-Mar-2017 23:35) Posted: Since you are vested, you are their shareholders.   Don' t be active here but passive with them.   You should start to comm with their IR to ask questions that can keep you up-to-date with their business and capital restructuring.   They may not be able to say much in public when query but sometime, they might reveal a bit more in private emails.   Just differentiate between facts or things that they said had actually happen and optimistic comments. You should be aware that NC builts tons of OSV without contracts and their vessels are in severely overspplied market.   Volatility in oIl price made their shares volatile as well but volatiltiy in oil price is very bad for their businesses.   Brent recovered from a low of US$26 to US$56 but still NC didn' t clinch a singledeal but in fact got contract cancellation.   This should give you a favour of their situation. shadow      ( Date: 24-Mar-2017 19:22) Posted: If i am wrong i am prepared to write-off my investment in NC... no right or wrong is a matter of opinions. Certain things we may share same opinions but certain things we may not. Well, like in Ezion case, I agreed with you that we can wait and see further signs of improvement before taking any actions. Every investment decision we take is a risk , no 100% sure  correct , we make some we lose some... For those vested in NC, good luck.. for those  not vested because perhaps just being prudence is not wrong either. Let see how NC  can pull out this shit hole like you said...
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laksaman57 Supreme	25-Mar-2017 00:04        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://splash247.com/singapore-oil-gas-inferno/
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sheerluck Supreme	24-Mar-2017 23:35        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Since you are vested, you are their shareholders.   Don' t be active here but passive with them.   You should start to comm with their IR to ask questions that can keep you up-to-date with their business and capital restructuring.   They may not be able to say much in public when query but sometime, they might reveal a bit more in private emails.   Just differentiate between facts or things that they said had actually happen and optimistic comments. You should be aware that NC builts tons of OSV without contracts and their vessels are in severely overspplied market.   Volatility in oIl price made their shares volatile as well but volatiltiy in oil price is very bad for their businesses.   Brent recovered from a low of US$26 to US$56 but still NC didn' t clinch a singledeal but in fact got contract cancellation.   This should give you a favour of their situation. shadow      ( Date: 24-Mar-2017 19:22) Posted: If i am wrong i am prepared to write-off my investment in NC... no right or wrong is a matter of opinions. Certain things we may share same opinions but certain things we may not. Well, like in Ezion case, I agreed with you that we can wait and see further signs of improvement before taking any actions. Every investment decision we take is a risk , no 100% sure  correct , we make some we lose some... For those vested in NC, good luck.. for those  not vested because perhaps just being prudence is not wrong either. Let see how NC  can pull out this shit hole like you said... sheerluck      ( Date: 24-Mar-2017 19:07) Posted: I dont see any insights but just 没 凭 没 据 的 空 口 白 话 。 I salute Datuk Tiong but shake head on Nam Cheong.   See how they pull NC out of this shit hole ba.
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shadow Veteran	24-Mar-2017 19:22        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	If i am wrong i am prepared to write-off my investment in NC... no right or wrong is a matter of opinions. Certain things we may share same opinions but certain things we may not. Well, like in Ezion case, I agreed with you that we can wait and see further signs of improvement before taking any actions. Every investment decision we take is a risk , no 100% sure  correct , we make some we lose some... For those vested in NC, good luck.. for those  not vested because perhaps just being prudence is not wrong either. Let see how NC  can pull out this shit hole like you said... sheerluck      ( Date: 24-Mar-2017 19:07) Posted: I dont see any insights but just 没 凭 没 据 的 空 口 白 话 。 I salute Datuk Tiong but shake head on Nam Cheong.   See how they pull NC out of this shit hole ba. shadow      ( Date: 24-Mar-2017 19:02) Posted: Good insight ! Is those people who  are sincere in running a business will succeed....Tansri profiles and his years of hard work is definitely something... Sad to say  many companies listed these days are out for a quick killing and then let  their business died slowly &   nobody cares. I hope Tansri will manage to turn the tide around for NC again in the future. When you invest in the co , u invest & trust  in the people behind it !
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sheerluck Supreme	24-Mar-2017 19:07        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	I dont see any insights but just 没 凭 没 据 的 空 口 白 话 。 I salute Datuk Tiong but shake head on Nam Cheong.   See how they pull NC out of this shit hole ba. shadow      ( Date: 24-Mar-2017 19:02) Posted: Good insight ! Is those people who  are sincere in running a business will succeed....Tansri profiles and his years of hard work is definitely something... Sad to say  many companies listed these days are out for a quick killing and then let  their business died slowly &   nobody cares. I hope Tansri will manage to turn the tide around for NC again in the future. When you invest in the co , u invest & trust  in the people behind it !   Goodfaith      ( Date: 24-Mar-2017 18:39) Posted: Happen to work in Sarawak for some project last few month gave me some insight into Tansri ' s effort to save this ship.
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