| Latest Forum Topics / Neptune Orient L Rg |
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NOL
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counter
Veteran |
21-Aug-2014 08:40
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Ok, I interpret it as your saw Kuan Yin. |
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Lucky03
Elite |
21-Aug-2014 08:38
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What I posted on 2 Aug sums it up.
And add a bit of divine advice from Kuan Yin 100 Divine Lots Interpretation @ Bugis Temple Singapore :) Lot 16 Don?t wear a mournful face with drooping eyes. Put aside all cares and think of joy. A piece of jade is found in a heap of dung. The craftsman cleans the jade and it gleams as new. This lot depicts the phenomenon of harmony of yin and yang. (Note: In the Chinese Book of Changes, the character ?yin? means the female principle, also means ?moon?, ?shade? and ?negative? and the character ?yang? means the male principle, also means ?sun?, ?light? and ?positive?. When the two principles are in harmony, as in this lot, your plans will work out successfully.) What you have gained will not be lost and for what you have lost will be compensated. A villain will experience misfortune as punishment but the virtuous man will be rewarded with good luck. It is an unfavorable year for the safety of your home but you yourself will not be harmed only during the autumn and winter. Money matters will work out successfully so will matrimony. An expectant mother will have a shock. You must pray for your cattle and silkworm but nothing will go wrong with your domestic animals. Tie visitor will arrive in time and the missing will be found. You will find no clues as to the whereabouts of the things lost. You are advised not to go to law not to migrate. The sick needs prayers to god. No harm will come to the ancestral graves.
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counter
Veteran |
21-Aug-2014 07:57
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When the price fell below $0.95, many people saw fear, I saw an opportunity. What did you see?
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stevenk
Senior |
20-Aug-2014 20:44
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Lucky03
Elite |
20-Aug-2014 20:25
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Only 556 lots shorted today at ave price 1.023 compared to yesterday's 411 lots.
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Lucky03
Elite |
20-Aug-2014 19:54
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Long term investing can be quite boring without some in between bets :))
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counter
Veteran |
20-Aug-2014 19:52
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I see. You also do use a combination. Good :)
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Lucky03
Elite |
20-Aug-2014 19:29
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Glad you are not offended. I'm sure when making money, a bit of sarcasm is tolerable :))
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Lucky03
Elite |
20-Aug-2014 19:21
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Cheers ! Good luck to all - both short term and long term trade :))
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Lucky03
Elite |
20-Aug-2014 19:19
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Ump... my ave price around 0.99-1.00. There were some short term trades too but they were not significant to shout about. Don't want to count chicken before they hatch.
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counter
Veteran |
20-Aug-2014 19:09
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You can think about it this way. Although you are still sitting on a loss, your insight has helped many people here make profit which can be considered a good contribution. Besides,you really are a great contributor. The price will rise above $1.50 soon. | ||||
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counter
Veteran |
20-Aug-2014 19:05
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I am not offended actually cos i can understand your feelings. You have been in this counter much longer than most of us here. It is not a good feeling to see some people here making profit when you are still sitting on a loss. However, do not feel bad as your perseverence may pay off one day. The price may one day rise above your average cost price. just hang on | ||||
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counter
Veteran |
20-Aug-2014 18:58
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It was stated very clearly in my previous post that i would sell my NOL holdings if the price increased further. Therefore, it was not your prediction.
Your following post contained sarcasm unnecessarily and yet you expected me not to be offended. You know what....
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hem2998
Veteran |
20-Aug-2014 18:22
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hi earlybird, you are correct here. management better use good judgement ..especially now if APL is sold, then they are sitting on a loss making entity.
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hem2998
Veteran |
20-Aug-2014 18:14
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hi lucky03 ive always been impressed with your patience and passion. even when you spotted hankore early on. i won' t be surprised to see NOL above 1.50 sooner rather than later. UOBKH was already suggesting a $1.17 value after the latest results and before ths sale/ipo possibility. the stock will have some retracements....but it is surely exhibitng SMRT type scenario....where the shorts will be wiped out and the longs take control. not gonna happen within the contra cycle...so best to just keep this under th pillow and wait for headline news to chk the px. CE
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Lucky03
Elite |
20-Aug-2014 17:47
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Back to fundamental and less 'exciting' industry news. Note that China 'was still worried the 2M alliance could erode the bargaining power of China's import-export firms against big shipping companies.' How else they need to worry if not for fear that it will result in higher freight rate ? If lower, then why worry ?
SHANGHAI (Reuters) - Maersk Line plans to launch its new vessel sharing service with MSC Mediterranean as early as January next year, and expects to notify customers of the network and transit times by September. The world's largest container shipper, part of Denmark's A.P. Moller-Maersk (MAERSKb.CO), and Swiss firm Mediterranean Shipping Co (MSC) reached an agreement on ship-sharing in July, a month after China's Ministry of Commerce blocked a larger plan by the two firms and France's CMA CGM [CMACG.UL] due to competition concerns. The global industry has been battling overcapacity since the financial crisis because new vessels ordered before the downturn have flooded the market. With freight rates still in the doldrums, the companies hope their new effort at pooling ships will help them reduce operating costs. The container shipper gave notice of the new, so-called 2M vessel sharing agreement (VSA) to China's Ministry of Transport in July, Maersk China's Managing Director Jens Eskelund told reporters in a briefing in Shanghai on Wednesday. Eskelund said that unlike the earlier plan, known as P3, the 2M service did not need approval from the commerce ministry. The two partners were only required to file details of the deal with the transport ministry. The Ministry of Commerce had said earlier that they rejected the P3 alliance because the three firms would have had more than 40 percent of Asia-Europe and trans-Atlantic trade, crucial paths in the global trade of goods. Director-general of the Commerce Ministry's anti-monopoly bureau, Shang Ming, said in an interview with China's state broadcaster last month that he was still worried the 2M alliance could erode the bargaining power of China's import-export firms against big shipping companies. Eskelund, though, said the market share to be held by Maersk Line and MSC on the Asia-Europe route would be similar to what other shipping alliances held. "Other alliances have been able to operate similar market shares to the ones that we will have on Asia-Europe," Eskelund said. Analysts said 2M would give the shippers less than 30 percent capacity share on the Asia-Europe shipping route. Other alliances operating on the Asia-Europe route include G6 - made up of six shippers including Neptune Orient Lines Ltd (NEPS.Si) and Nippon Yusen KK . The CKYHE alliance - made up of shipping companies from China, Taiwan and South Korea - also operates on the route. (Reporting by Brenda Goh Editing by Tom Hogue) |
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Lucky03
Elite |
20-Aug-2014 17:33
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The growth in trading volume is widespread and global.
PUBLISHED AUGUST 20, 2014 Japan trade deficit narrows on export pick-up PRINT |EMAIL THIS ARTICLE [TOKYO] A rebound in exports helped narrow Japan's trade deficit in July, data showed on Wednesday, but the shortfall still came in worse than expected after a marked slowdown in the world's number three economy. The pick-up in shipments abroad offered some good news after figures last week showed the economy suffered its biggest quarterly contraction since the 2011 quake-tsunami disaster as an April sales tax rise slammed the brakes on growth. The latest trade figures will likely be a relief for Japanese authorities amid concerns that the yen's plunge since late 2012 has not translated into a big jump in export growth as domestic firms shift production overseas. Japan's exports in July rose 3.9 per cent on-year to 6.19 trillion yen, the first rise in three months, thanks to robust shipments of automobiles and electronic equipment such as parts for smartphones. |
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Lucky03
Elite |
20-Aug-2014 17:26
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One of my 'predictions' has already materialized. Counter has taken profit :) No offense intended, counter. You have acted in your best interest. I observed as posted earlier that prior crosses above 100d MA yielded 7-20c jump in prices. It has jumped 7c now from 0.95 to 1.02. Will see if it will stretch to 20c jump to 1.15 which I observed to be the high in Sep 13. Perhaps will need more clarify or confirmation of the NOL's next move to propel it to 1.35, high in Jan 13. There was no asset sales story back then. Purely on technical retracement. This time now, there are both recovery story plus asset sales to support the mini rally. I'm sure analysts are also making many guess games !
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spore1
Supreme |
20-Aug-2014 17:26
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Did u short ?
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earlybird14
Supreme |
20-Aug-2014 17:18
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volume is so high. the shorting volume may be shocking.
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