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Nam Cheong
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sheerluck
Supreme |
14-May-2017 12:49
Yells: "Work for your money first then let your money work for you" |
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NC should consider putting in some money converting their BTS vessels into fishing vessels, cruise boats, super-sized yachts and quickly sell them off.
Taking some losses is better than taking total losses later.
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sheerluck
Supreme |
11-May-2017 10:15
Yells: "Work for your money first then let your money work for you" |
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Just waiting for news of right issue to raise money to pay debt. |
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laksaman57
Supreme |
10-May-2017 23:55
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http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=YG7Z1YCAXE52ZBFQ&H=b4c3318ba93fda9a8397c47c199d9dfb95132773ebb1d5e6c1c1645b6bed81ed | ||||
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EmmGru
Veteran |
05-May-2017 21:50
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No bloodbath today considering oil fell 4.5% last nite. I could be wrong but NC management seems quite sincere. Seems trying harder than Ezra, at any rate. Will consider to vest a small position at a later stage. Troubled co can be a great bargain as long as they survive. They need to change their biz model and dun carry so much CIP inventory though if they dun want to get into trouble again. |
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Shifu8888
Supreme |
05-May-2017 21:12
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I am always impressed by NC... cheers | ||||
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sheerluck
Supreme |
05-May-2017 20:45
Yells: "Work for your money first then let your money work for you" |
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If they want to die faster....yes....share consolidate. If they want to live longer....then....business consolidate.
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Stocky901
Supreme |
05-May-2017 20:26
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Why don't do share consolidation? | ||||
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Wind22i
Supreme |
24-Apr-2017 12:59
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This company share price seems to indicate its going for a one way trip to holland..
Even insider happily selling.. |
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DancingMan
Member |
24-Apr-2017 12:55
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hi papaya, are you using CFDs to short or are you naked shorting?
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papayaface
Supreme |
24-Apr-2017 12:22
Yells: "This is the best time to enter....when everythings uncertain" |
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Big risk to shortists is if it gets suspended. So must be careful, not for the weak hearted. Good luck
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granto
Master |
24-Apr-2017 11:34
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Nam Cheong seeks restructuring http://splash247.com/nam-cheong-seeks-restructuring/ |
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papayaface
Supreme |
24-Apr-2017 11:03
Yells: "This is the best time to enter....when everythings uncertain" |
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Good shorting target. Good luck
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chiachiawee
Elite |
24-Apr-2017 11:02
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If you buy 100k shares, 1 pip up/down is $100 gain/loss. 1 pip itself is able to cover the trading fee both purchase and sell. The additional pips will be gain. Why cant you profit from it?
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oldbirdy
Senior |
24-Apr-2017 10:53
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Wow.....sinking fast !!!! |
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Blur_nom
Member |
23-Apr-2017 18:02
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Hey guys, I have a rather newbie question here. I see that many of our long-term members have good track record in shorting and contra play. I am curious, how do you profit from a 0.001-0.003 movement since the percentage is so insignificant (eg:1-3%) and that it wouldn' t cover the trading fee (+) , processing fee (+) and GST (7%) incurred during the trade. Please let me know what i am missing out. |
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alishan
Senior |
17-Apr-2017 18:29
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Better quickly change its name to Kan Cheong, then it can become spider climbing up. Or else all stock holders become kan cheong spiders. 
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laksaman57
Supreme |
17-Apr-2017 18:15
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http://www.straitstimes.com/business/krisenergy-gets-green-light-from-bond-holders-for-debt-restructuring .... Hope Nam Cheong bond holders dont end up like Ezra bond holders 😞 | ||||
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sheerluck
Supreme |
17-Apr-2017 12:52
Yells: "Work for your money first then let your money work for you" |
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Yes settled liao....question is the dust settled or settled into the dust?
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laksaman57
Supreme |
17-Apr-2017 12:31
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"The group can continue as a going concern as the group is in active and continuous discussions with its major lenders and other stakeholders," Nam Cheong said." Settled ?? | ||||
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alishan
Senior |
16-Apr-2017 17:26
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As it sounds in chinese, nam = difficult or going south. Nam cheong = difficult to cheong or cheong to the south. Better they change the name first, e.g. Tua Cheong. Then it will suddenly cheong. 
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