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Lucky03 Elite	17-Oct-2014 23:01        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Korean express company lines up APL Logistics for acquisition Greg Knowler, Senior Asia Editor | Oct 17, 2014 4:59AM EDT PHUKET ? CJ Korea Express is mulling the acquisition of NOL Group's APL Logistics, the Korean courier giant said in an exchange filing, removing any lingering doubts that the logistics division of the Singapore-based shipping company is up for sale. The largest express operator in the Korean Peninsula told the Korea Stock Exchange it is considering options that included acquisition of the logistics unit or a "strategic alliance." NOL is no stranger to divestment, having offloaded its Singapore headquarters building for $300 million in late 2012. However, a sale of the logistics division would be a bigger, more strategic move, considering that it?s a success story within the group, recording a 7 percent increase in revenue to $379 million in the second quarter as sales grew in all regions covered by APL Logistics. The Singapore-listed NOL said in August media reports that it planed to sell APL Logistics for up to $900 million were "preliminary and exploratory in nature," but if there were any doubts that the logistics unit is on the block, they must surely be dispelled by the CJ Korea Express statement to shareholders. CJ Korea Express said it is interested in growing its business outside the country and has been looking at acquisition opportunities. The second-quarter figures at APL Logistics were all well in the black. Earnings before interest and taxes were up 40 percent, and logistics revenue in the first half topped $800 million, up 3 percent year-over-year. The division generates 18 percent of NOL?s revenue, and is strong in the U.S. automotive and retail sectors where 45 percent of revenue from auto logistics and 29 percent from retail. APL Logistics is benefiting in part from assisting longtime customers to serve growing consumer markets in Asia, whereas previously it mostly helped those customers to source in Asia to serve consumer markets in Europe and North America. The promising outlook at APL Logistics is in contrast to the liner division, APL, which Alphaliner recently described as ?underperforming its peers.? Overcapacity in container shipping, the group?s main source of revenue, and low freight rates have dragged down earnings at the Singapore-based carrier. Container volume fell 6 percent, pulling revenue down to $1.7 billion, 2.3 percent below the second quarter of 2013. In the first half of the year, only a strong focus on costs and operating efficiency allowed APL to post a 29 percent improvement in its core EBIT in the second quarter, but the line still recorded a loss of $29 million. Without APL Logistics, NOL will be relying heavily on its liner division, which has been struggling and is subject to a high level of volatility in container rates. Container shipping is a key area for the group with 85 percent of its revenue derived from handling boxes. Poor freight rates have dragged down the carrier earnings in the past few years, and selling the logistics unit will remove a critical revenue stream for the loss-making line. The trend has been for container lines with logistics divisions to separate the two lines of business organizationally, under the belief that there are few synergies between them. Damco, the firmer Maersk Logistics business, is separately branded business. The idea that a logistics unit can help provide a stream of higher revenue business for the carrier, which led several carriers into the logistics business, has been undermined by the commoditization of container shipping where shippers often demand the lowest price. To have credibility with customers, logistics firms must be able to demonstrate independence among the carriers they choose to use. However, this strategy could be unraveling, according to Alphaliner. In the last couple of years, several carriers have disposed of their logistics segments, including China Cosco, which sold its stake in Cosco Logistics back to Cosco Group in March 2013, Alphaliner said. Hyundai Group sold an 88.8 percent stake in Hyundai Logistics to the Japanese financial company Orix in July, and Hanjin Shipping disposed of its third-party logistics arm Hanjin Logistics Korea in March in an asset split, according to the maritime analyst. ?These disposals point to the reduced relevance of logistics capabilities for carriers, as the bundling of 3PL services with ocean transportation has not yielded significant synergies,? Alphaliner said. ?The affiliated 3PLs are also increasingly competing against the carriers? own customers, the traditional freight forwarders and independent 3PLs, with some carriers de-emphasizing their links with 3PL affiliates.? The disposals of Cosco Logistics, Hyundai Logistics and Hanjin Logistics were mainly driven by the need to raise cash for the parent companies? troubled container shipping divisions, and now NOL could follow with the divestment of APL Logistics, Alphaliner said. Contact Greg Knowler at [email protected] or follow him on Twitter: @gregknowler.
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finance Member	17-Oct-2014 19:03        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	I had sent you a private message earlybird14      ( Date: 17-Oct-2014 16:57) Posted: Since your confidence is there, why not just proceed to buy. Oil price is green, Europe and US future is green, may be a good days for next week. I bought some other counters for technical rebound for next week as well. All the best to you. finance      ( Date: 17-Oct-2014 16:51) Posted: Becos I notice in July (even when everyone knows NOL is gonna be loss-making this year) when news broke in July they wanna sell the thingy, NOL share price still spiked up from 94 cts to $1.02 in just 3 days, hence this shows even if NOL is confirmed lossmaking this year but if they divests their thingy, the share price will still go up
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finance Member	17-Oct-2014 18:54        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	I had sent you a private message on NOL ! danger      ( Date: 17-Oct-2014 16:34) Posted: Already loaded up at 81.5c.. there is no turning back for NOL hem2998      ( Date: 17-Oct-2014 12:11) Posted: i believe the markets are efficient. the fall is a reflection of its performance.
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finance Member	17-Oct-2014 16:57        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	dow futures super green 170 now
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earlybird14 Supreme	17-Oct-2014 16:57        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Since your confidence is there, why not just proceed to buy. Oil price is green, Europe and US future is green, may be a good days for next week. I bought some other counters for technical rebound for next week as well. All the best to you. finance      ( Date: 17-Oct-2014 16:51) Posted: Becos I notice in July (even when everyone knows NOL is gonna be loss-making this year) when news broke in July they wanna sell the thingy, NOL share price still spiked up from 94 cts to $1.02 in just 3 days, hence this shows even if NOL is confirmed lossmaking this year but if they divests their thingy, the share price will still go up earlybird14      ( Date: 17-Oct-2014 16:13) Posted: I will choose Ezion, but not now, at least the oil price is settled down. NOL is hopeless. Vard is high cost shipbuilding company. Ezion is one of top liftboat owner in the world (unique and niche Market) with good chartered rate..
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finance Member	17-Oct-2014 16:51        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	Becos I notice in July (even when everyone knows NOL is gonna be loss-making this year) when news broke in July they wanna sell the thingy, NOL share price still spiked up from 94 cts to $1.02 in just 3 days, hence this shows even if NOL is confirmed lossmaking this year but if they divests their thingy, the share price will still go up earlybird14      ( Date: 17-Oct-2014 16:13) Posted: I will choose Ezion, but not now, at least the oil price is settled down. NOL is hopeless. Vard is high cost shipbuilding company. Ezion is one of top liftboat owner in the world (unique and niche Market) with good chartered rate.. finance      ( Date: 17-Oct-2014 16:09) Posted: Becos actually when NOL at 90 cts last week I almost wanted to key in buy 60 lots but I did not buy eventually...........so now 82 cts very tempted. If can 82 to 89, 7 cts profit for 60 lots is also good profits But also worry NOL may drop below 80 cts next week instead...........so now very undecided, I' m now looking at either Ezion, NOL or Vard for trading buy but undecided to choose which one
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danger Supreme	17-Oct-2014 16:34        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Already loaded up at 81.5c.. there is no turning back for NOL hem2998      ( Date: 17-Oct-2014 12:11) Posted: i believe the markets are efficient. the fall is a reflection of its performance. finance      ( Date: 17-Oct-2014 11:01) Posted: any reasons why you think at current price of 82.5 cts is the bottom already? do you think NOL will fall below 80 cts nearer/around to it' s reporting date?
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earlybird14 Supreme	17-Oct-2014 16:13        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I will choose Ezion, but not now, at least the oil price is settled down. NOL is hopeless. Vard is high cost shipbuilding company. Ezion is one of top liftboat owner in the world (unique and niche Market) with good chartered rate.. finance      ( Date: 17-Oct-2014 16:09) Posted: Becos actually when NOL at 90 cts last week I almost wanted to key in buy 60 lots but I did not buy eventually...........so now 82 cts very tempted. If can 82 to 89, 7 cts profit for 60 lots is also good profits But also worry NOL may drop below 80 cts next week instead...........so now very undecided, I' m now looking at either Ezion, NOL or Vard for trading buy but undecided to choose which one earlybird14      ( Date: 17-Oct-2014 16:03) Posted: save your money in bank and come back may be in early Dec. If this downturn is not continue, a year end dressing shall be started in Dec. So many counter can choose, why NOL. just for 82 to 89?
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finance Member	17-Oct-2014 16:11        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anothing thing................so you don' t think STI 3150 is the bottom for this year? Then you think STI is likely will drop until which level for the remaining 2 mths this 2014?! earlybird14      ( Date: 17-Oct-2014 16:03) Posted: save your money in bank and come back may be in early Dec. If this downturn is not continue, a year end dressing shall be started in Dec. So many counter can choose, why NOL. just for 82 to 89? finance      ( Date: 17-Oct-2014 15:45) Posted: you are crazy lah! I don' t want to throw my money into blackhole, haha. I now got spare $60,000, was thinking of buying NOL at today' s prices(but haven' t key in buy order yet, now still thinking), many forummers posted 80 cts is likely bottom and should have a technical rebound? Do you think NOL will fall below 80 cts next week? So you don' t NOL will have a short technical rebound towards 89 cts in the next 1 -2 weeks??
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finance Member	17-Oct-2014 16:09        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	Becos actually when NOL at 90 cts last week I almost wanted to key in buy 60 lots but I did not buy eventually...........so now 82 cts very tempted. If can 82 to 89, 7 cts profit for 60 lots is also good profits But also worry NOL may drop below 80 cts next week instead...........so now very undecided, I' m now looking at either Ezion, NOL or Vard for trading buy but undecided to choose which one earlybird14      ( Date: 17-Oct-2014 16:03) Posted: save your money in bank and come back may be in early Dec. If this downturn is not continue, a year end dressing shall be started in Dec. So many counter can choose, why NOL. just for 82 to 89? finance      ( Date: 17-Oct-2014 15:45) Posted: you are crazy lah! I don' t want to throw my money into blackhole, haha. I now got spare $60,000, was thinking of buying NOL at today' s prices(but haven' t key in buy order yet, now still thinking), many forummers posted 80 cts is likely bottom and should have a technical rebound? Do you think NOL will fall below 80 cts next week? So you don' t NOL will have a short technical rebound towards 89 cts in the next 1 -2 weeks??
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earlybird14 Supreme	17-Oct-2014 16:03        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	save your money in bank and come back may be in early Dec. If this downturn is not continue, a year end dressing shall be started in Dec. So many counter can choose, why NOL. just for 82 to 89? finance      ( Date: 17-Oct-2014 15:45) Posted: you are crazy lah! I don' t want to throw my money into blackhole, haha. I now got spare $60,000, was thinking of buying NOL at today' s prices(but haven' t key in buy order yet, now still thinking), many forummers posted 80 cts is likely bottom and should have a technical rebound? Do you think NOL will fall below 80 cts next week? So you don' t NOL will have a short technical rebound towards 89 cts in the next 1 -2 weeks?? earlybird14      ( Date: 17-Oct-2014 15:36) Posted: 1 year ago, market sentiment was relatively good and NOL was about 1 dollar. If placement around 70 to 80cents may attract people to buy. Now, market sentiment is so bad. Credit is tightened. SGX trading volume is so low. Recent rumour was confirmed by NOL management that they are looking for buyer or potential of IPO logistic business. The IPO plan is dragging, sooner, IPO in US will slowly become impossible if the weak market sentiment now is continue. So highly likely, NOL has to sell away the logistic business. Based on situation now, NOL has to raise cash. placement is almost not possible in next few months. If you dare to buy NOL  in this kind of market, I salute you to throw money into a black hole. Soon, you will find a lot of blue chip will become more attractive to buy. Why not, be patient and see how thing going.
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finance Member	17-Oct-2014 15:47        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	you kum gong! you don' t anyhow say bad things about our Temasek haha Heero78      ( Date: 17-Oct-2014 15:40) Posted: hahah...placement or right issue now will kill NOL about 50%...who want to apply for its right/placement? maybe kum gong temasek will lor... finance      ( Date: 17-Oct-2014 13:10) Posted: what do you think of the likelihood of NOL announcing a share placement on it' s coming results this end of October??
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finance Member	17-Oct-2014 15:45        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	you are crazy lah! I don' t want to throw my money into blackhole, haha. I now got spare $60,000, was thinking of buying NOL at today' s prices(but haven' t key in buy order yet, now still thinking), many forummers posted 80 cts is likely bottom and should have a technical rebound? Do you think NOL will fall below 80 cts next week? So you don' t NOL will have a short technical rebound towards 89 cts in the next 1 -2 weeks?? earlybird14      ( Date: 17-Oct-2014 15:36) Posted: 1 year ago, market sentiment was relatively good and NOL was about 1 dollar. If placement around 70 to 80cents may attract people to buy. Now, market sentiment is so bad. Credit is tightened. SGX trading volume is so low. Recent rumour was confirmed by NOL management that they are looking for buyer or potential of IPO logistic business. The IPO plan is dragging, sooner, IPO in US will slowly become impossible if the weak market sentiment now is continue. So highly likely, NOL has to sell away the logistic business. Based on situation now, NOL has to raise cash. placement is almost not possible in next few months. If you dare to buy NOL  in this kind of market, I salute you to throw money into a black hole. Soon, you will find a lot of blue chip will become more attractive to buy. Why not, be patient and see how thing going. finance      ( Date: 17-Oct-2014 15:25) Posted: then why in one yr previous post early this year you wrote NOL will have a share placement/cash call within the next 1 year?! I' m not vested in this NOL. But I' m very tempted to buy at today' s price to hold till next Jan........But I' m still undecided as now, haven' t key in buy order yet
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Heero78 Veteran	17-Oct-2014 15:40        Heero78 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hahah...placement or right issue now will kill NOL about 50%...who want to apply for its right/placement? maybe kum gong temasek will lor... finance      ( Date: 17-Oct-2014 13:10) Posted: what do you think of the likelihood of NOL announcing a share placement on it' s coming results this end of October?? earlybird14      ( Date: 16-Oct-2014 16:25) Posted: After selling NOL Logistics, what left over to NOL? Debt plus broken and outdated container fleet? still worth for investment?
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earlybird14 Supreme	17-Oct-2014 15:36        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	1 year ago, market sentiment was relatively good and NOL was about 1 dollar. If placement around 70 to 80cents may attract people to buy. Now, market sentiment is so bad. Credit is tightened. SGX trading volume is so low. Recent rumour was confirmed by NOL management that they are looking for buyer or potential of IPO logistic business. The IPO plan is dragging, sooner, IPO in US will slowly become impossible if the weak market sentiment now is continue. So highly likely, NOL has to sell away the logistic business. Based on situation now, NOL has to raise cash. placement is almost not possible in next few months. If you dare to buy NOL  in this kind of market, I salute you to throw money into a black hole. Soon, you will find a lot of blue chip will become more attractive to buy. Why not, be patient and see how thing going. finance      ( Date: 17-Oct-2014 15:25) Posted: then why in one yr previous post early this year you wrote NOL will have a share placement/cash call within the next 1 year?! I' m not vested in this NOL. But I' m very tempted to buy at today' s price to hold till next Jan........But I' m still undecided as now, haven' t key in buy order yet earlybird14      ( Date: 17-Oct-2014 15:04) Posted: Do you think what will be the likelihood of share placement with a 4 year loss making company? Anybody will buy? We are talking about billion dollar share placement instead of X0million dollar share placement. In this market, NOL hardly get support for their share placement. I believe their management has done their own due diligent and decide to IPO or sell their Logistic business to raise money. existing holders shall worry what else can sell after logistic business is sold.
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finance Member	17-Oct-2014 15:25        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	then why in one yr previous post early this year you wrote NOL will have a share placement/cash call within the next 1 year?! I' m not vested in this NOL. But I' m very tempted to buy at today' s price to hold till next Jan........But I' m still undecided as now, haven' t key in buy order yet earlybird14      ( Date: 17-Oct-2014 15:04) Posted: Do you think what will be the likelihood of share placement with a 4 year loss making company? Anybody will buy? We are talking about billion dollar share placement instead of X0million dollar share placement. In this market, NOL hardly get support for their share placement. I believe their management has done their own due diligent and decide to IPO or sell their Logistic business to raise money. existing holders shall worry what else can sell after logistic business is sold.   finance      ( Date: 17-Oct-2014 13:10) Posted: what do you think of the likelihood of NOL announcing a share placement on it' s coming results this end of October??
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earlybird14 Supreme	17-Oct-2014 15:04        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Do you think what will be the likelihood of share placement with a 4 year loss making company? Anybody will buy? We are talking about billion dollar share placement instead of X0million dollar share placement. In this market, NOL hardly get support for their share placement. I believe their management has done their own due diligent and decide to IPO or sell their Logistic business to raise money. existing holders shall worry what else can sell after logistic business is sold.   finance      ( Date: 17-Oct-2014 13:10) Posted: what do you think of the likelihood of NOL announcing a share placement on it' s coming results this end of October?? earlybird14      ( Date: 16-Oct-2014 16:25) Posted: After selling NOL Logistics, what left over to NOL? Debt plus broken and outdated container fleet? still worth for investment?
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finance Member	17-Oct-2014 14:51        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	you shld ask BBs in the market phileasx      ( Date: 17-Oct-2014 14:13) Posted: you shld ask BBs in the market, they drive the price to squeeze out profits finance      ( Date: 17-Oct-2014 11:01) Posted: any reasons why you think at current price of 82.5 cts is the bottom already? do you think NOL will fall below 80 cts nearer/around to it' s reporting date?
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phileasx Member	17-Oct-2014 14:13        phileasx About Contact  Quote this Post!   Yells: "The market and your trades and positions are all linked!"
x 0   x 0  Alert Admin	you shld ask BBs in the market, they drive the price to squeeze out profits finance      ( Date: 17-Oct-2014 11:01) Posted: any reasons why you think at current price of 82.5 cts is the bottom already? do you think NOL will fall below 80 cts nearer/around to it' s reporting date? danger      ( Date: 17-Oct-2014 09:12) Posted: oh yes ! Nothing to lose at this rock bottom price
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finance Member	17-Oct-2014 13:10        finance About Contact  Quote this Post!
x 0   x 0  Alert Admin	what do you think of the likelihood of NOL announcing a share placement on it' s coming results this end of October?? earlybird14      ( Date: 16-Oct-2014 16:25) Posted: After selling NOL Logistics, what left over to NOL? Debt plus broken and outdated container fleet? still worth for investment? Heero78      ( Date: 16-Oct-2014 14:36) Posted: CJ Korea Express Considers NOL Logistics Business Purchase http://www.bloomberg.com/news/2014-10-16/cj-korea-express-considers-acquisition-of-nol-logistics-business.html can log in liao...0.815
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