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waters Senior	16-Apr-2017 16:37        waters About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	to be fair, nam cheong have a biz model that will cause the coy to go bust during bad times.   where got ppl buy vessels and wait for ppl to buy one without securing buy orders?   this is not car making
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HazardKoh Master	16-Apr-2017 13:09        HazardKoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	the authority will issue a standard query and then the company will issue a standard reply and life moves on. :) is a joke. So obvious insider trading happening so frequently and the standard reply u see is so standard that sometimes u wonder what is the use of query :) oldbirdy      ( Date: 12-Apr-2017 19:18) Posted: Can authority allow insider sell where they have the news before everyone... Is that fair? Why no one confront them?
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waters Senior	16-Apr-2017 13:02        waters About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Good Luck to All Nam Cheong shareholders.   Hum jim Pang liao lah.   But it is ok.   I am shareholder of Swiber, Ezra.
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laksaman57 Supreme	13-Apr-2017 23:56        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will it be the next Rickmers ?
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oldbirdy Senior	12-Apr-2017 19:18        oldbirdy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can authority allow insider sell where they have the news before everyone... Is that fair? Why no one confront them?
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Wind22i Supreme	12-Apr-2017 19:05        Wind22i About Contact  Quote this Post!
x 0   x 1  Alert Admin	I dont have this stock but what we can learn from this episode... is when the major shareholder sell and also via the wife sell and sell ..its a signal...that titanic coming
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Morello Veteran	12-Apr-2017 14:31        Morello About Contact  Quote this Post! Style: Combined   Mood: Yells: "In it for the long haul"
x 0   x 0  Alert Admin	sheerluck      ( Date: 12-Apr-2017 13:58) Posted: Celine will make sure their hearts will go on. Wind22i      ( Date: 12-Apr-2017 13:38) Posted: sinking like titanic..
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sheerluck Supreme	12-Apr-2017 13:58        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	Celine will make sure their hearts will go on. Wind22i      ( Date: 12-Apr-2017 13:38) Posted: sinking like titanic..
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Wind22i Supreme	12-Apr-2017 13:38        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	sinking like titanic..
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sheerluck Supreme	12-Apr-2017 13:09        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	NCL: Help! Help!   I am sinking! Silly Investors:   I thought you built ship? NCL:   That' s why I am sinking! Silly Investors:   What do you mean? NCL:   No wonder you are silly investors!   Can aeroplane sink?   Can car sink? Only ship can sink right! Silly Investors:   I so silly!
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oldbirdy Senior	11-Apr-2017 11:52        oldbirdy About Contact  Quote this Post!
x 0   x 0  Alert Admin	赶 尽 杀 絕 oldbirdy      ( Date: 10-Apr-2017 10:57) Posted: 赶 尽 杀 絕
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sheerluck Supreme	11-Apr-2017 11:19        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	Wow Mr Market tantaming NCL ruthlessly .... sheerluck      ( Date: 10-Apr-2017 13:21) Posted: At the rate the price is dropping, if go below 18cts, cannot even do right issue to raise fund even if pass the capital reduction in AGM.   Market really wants to kill NC meh? Let see! sheerluck      ( Date: 24-Mar-2017 01:44) Posted: Let put some numbers in to get some perspective. AT HKD0.50, that about SGD9.1cts.   With current share price of 2.8cts, this will not work.   Who will subscribe if they issue new shares at 9.1cts now? Ok so knock it down 5 times and then it will be 1.8cts.   Hooray, now par value is below current market price.    Pass the criterion.   Some more got quite a bit of buffer.   Price can drop to 1.8cts and they can still try to issue new shares at 1.8cts. (hint hint something here already hor!) One of the resolutions for the coming AGM is the renewal of share issue.   I think they can issue up to 50% of existing fully paid-up shares of new shares so that is about up to 1.05billion shares. Now assume market very kind and share price stay around 3cts (sgd hor!), then NC can raised about a maximum of RM100mil.   If market hantam Nam Cheong, and price dropped to 1.8cts, then NC can raised about RM60mil.   If market really wants to kill NC and drop the price below 1.8cts then NC can raise a white flag instead.   So assuming the optimistic scenario.   RM100mil enough? NC really bad at timing.   Missed the window right after OPEC production cut deal.   Now US shale is causing mayhem to oil price again and it seen to be getting worse.
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sheerluck Supreme	10-Apr-2017 13:21        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	At the rate the price is dropping, if go below 18cts, cannot even do right issue to raise fund even if pass the capital reduction in AGM.   Market really wants to kill NC meh? Let see! sheerluck      ( Date: 24-Mar-2017 01:44) Posted: Let put some numbers in to get some perspective. AT HKD0.50, that about SGD9.1cts.   With current share price of 2.8cts, this will not work.   Who will subscribe if they issue new shares at 9.1cts now? Ok so knock it down 5 times and then it will be 1.8cts.   Hooray, now par value is below current market price.    Pass the criterion.   Some more got quite a bit of buffer.   Price can drop to 1.8cts and they can still try to issue new shares at 1.8cts. (hint hint something here already hor!) One of the resolutions for the coming AGM is the renewal of share issue.   I think they can issue up to 50% of existing fully paid-up shares of new shares so that is about up to 1.05billion shares. Now assume market very kind and share price stay around 3cts (sgd hor!), then NC can raised about a maximum of RM100mil.   If market hantam Nam Cheong, and price dropped to 1.8cts, then NC can raised about RM60mil.   If market really wants to kill NC and drop the price below 1.8cts then NC can raise a white flag instead.   So assuming the optimistic scenario.   RM100mil enough? NC really bad at timing.   Missed the window right after OPEC production cut deal.   Now US shale is causing mayhem to oil price again and it seen to be getting worse.   EmmGru      ( Date: 24-Mar-2017 00:27) Posted: :) happen to be reading up on share consol and capital reorg of HK co recently due to Noble' s share consol haha. Think this is still +ve news provided Co already has investor in the pipeline (for pte placement).   Want to raise money from retailers don' t think realistic given poor sentiment. As long as Co can raise enough operating funds and able to pay interest, expect any bank will be willing to sit and talk. They are already in a bad situation and cannot expect to get out scot free. And don' t think any bank wants to be first to pull the plug, they still need to do business in the market when crisis is over and aside from having to protect their loan credit quality, they have to balance against gaining bad reputation of not supporting when Co needs it.
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oldbirdy Senior	10-Apr-2017 10:57        oldbirdy About Contact  Quote this Post!
x 0   x 0  Alert Admin	赶 尽 杀 絕
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oldbirdy Senior	05-Apr-2017 19:35        oldbirdy About Contact  Quote this Post!
x 0   x 0  Alert Admin	What if there' s sexy stories .... will it start to fly? Since his bro. iev already takes-off !!!
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Msport Elite	03-Apr-2017 10:05        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	seem like everyone 1 also kana going concern ie dynamac etc.. all will be ok la
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alishan Senior	01-Apr-2017 15:48        alishan About Contact  Quote this Post!
x 0   x 0  Alert Admin	cheong arkh !!!   oldbirdy      ( Date: 01-Apr-2017 14:47) Posted: Hmmmm...... their company speaks up....   难 冲 papayaface      ( Date: 01-Apr-2017 13:54) Posted: Ideal target for shortists. Thanks for the highlight. Good luck
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oldbirdy Senior	01-Apr-2017 14:47        oldbirdy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmmmm...... their company speaks up....   难 冲 papayaface      ( Date: 01-Apr-2017 13:54) Posted: Ideal target for shortists. Thanks for the highlight. Good luck Alvin2042      ( Date: 01-Apr-2017 13:51) Posted: No buyers mean no money in. They still have to service loans....also unsold vessels will also need maintenance. Unless they can come out some good news like finding buyers, the share will remain depress
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papayaface Supreme	01-Apr-2017 13:54        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Ideal target for shortists. Thanks for the highlight. Good luck Alvin2042      ( Date: 01-Apr-2017 13:51) Posted: No buyers mean no money in. They still have to service loans....also unsold vessels will also need maintenance. Unless they can come out some good news like finding buyers, the share will remain depress. oldbirdy      ( Date: 01-Apr-2017 12:49) Posted: So the cost make the account lost money due to unsold vessel to realising the profit..... why need to sell down so badly?
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Alvin2042 Master	01-Apr-2017 13:51        Alvin2042 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No buyers mean no money in. They still have to service loans....also unsold vessels will also need maintenance. Unless they can come out some good news like finding buyers, the share will remain depress. oldbirdy      ( Date: 01-Apr-2017 12:49) Posted: 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
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