| Latest Forum Topics / Neptune Orient L Rg |
|
|
NOL
|
|||||
|
Lucky03
Elite |
10-Jul-2014 21:15
|
||||
|
x 0
x 0 Alert Admin |
Neptune Orient Lines Limited ("NOL") announces that its indirect wholly-owned subsidiary, Terminal Synergy Pte. Ltd. ("Terminal Synergy"), has today transferred its entire 36% equity shareholding in PSA Mumbai Investments Pte. Ltd. ("PSAMI") back to PSA India Pte Ltd ("PSA India") (the "Transaction").
PSAMI was incorporated by PSA India in Singapore on 22 April 2009 with an initial paid up share capital of S$100. Terminal Synergy acquired 36% of PSAMI from PSA India in August 2009 for a nominal sum of S$36 as both parties were then planning to jointly explore terminal investment opportunities through PSAMI. However, such a plan has since been aborted. The consideration for the Transaction was S$36, being such portion of PSAMI's share capital held by Terminal Synergy prior to the Transaction. The Transaction is not expected to have a material effect on the net tangible assets or earnings per share of the NOL Group for the current financial year. PSA India is a subsidiary of PSA International Pte. Ltd., which in turn is a subsidiary of Temasek Holdings (Private) Limited, the controlling shareholder of NOL. Save as disclosed, none of the directors or controlling shareholders of NOL has any interest, direct or indirect, in the Transaction. BY ORDER OF THE BOARD Looi Lee Hwa (Ms) / Wong Kim Wah (Ms) Company Secretaries 10 July 2014 |
||||
| Useful To Me Not Useful To Me | |||||
|
spore1
Supreme |
10-Jul-2014 21:05
|
||||
|
x 0
x 0 Alert Admin |
what goes down will eventually come up. many eg like smrt $1.02 now $1.60,noble 90 cents now $1.37,Olam $1.42 now $2.46... Buy when not many ppl want to buy( Buy when ppl is fearful)
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
spore1
Supreme |
10-Jul-2014 20:34
|
||||
|
x 0
x 0 Alert Admin |
It NAV of 94 cents ( US0.76) seems attractive. http://sporeshare.blog spot.sg/2014/05/nol.html |
||||
| Useful To Me Not Useful To Me | |||||
|
alexsmith
Member |
10-Jul-2014 19:59
|
||||
|
x 0
x 0 Alert Admin |
vested more also -- cost averaging. it' s now below it' s P/B. will hold and buy more until 2Q data. few catalyst: a. HAPAG will probably acquire NOL if temasek approves. give them previous price whereby Temasek wanna to privatize NOL. b. us economy is strong this year. else QE wont end this october c. TEMASEK could privatize NOL itself. So buy more while it is cheap. HIGH RISK HIGH GAIN? :p |
||||
| Useful To Me Not Useful To Me | |||||
|
heisuke
Member |
10-Jul-2014 17:04
|
||||
|
x 0
x 0 Alert Admin |
.935 :( |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
granto
Master |
10-Jul-2014 16:24
|
||||
|
x 0
x 0 Alert Admin |
With this news in mind, CMA CGM will be looking for a partner or alliance, might be some good news for NOL at last!! Asian box trades set for shakeup as Maersk and MSC join forces |
||||
| Useful To Me Not Useful To Me | |||||
|
spore1
Supreme |
10-Jul-2014 15:42
|
||||
|
x 0
x 0 Alert Admin |
Ok .Close 95 cents will b Gd
|
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
10-Jul-2014 14:34
|
||||
|
x 0
x 0 Alert Admin |
Vested more too. I'm actually quite positive about their Q2 result esp when they have returned so many chartered ships and took delivery of all new and more efficient ships. I listened to their voice recording of the FY13 AGM and the questions posed by Analysts and answered by NOL Mgmt. NOL Mgmt was quite conservative and not expecting a strong recovery for the US and global economy and a low freight rate. These will help to spur them on to stay focus and more aggressive cost cutting to turn around.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
spore1
Supreme |
10-Jul-2014 13:05
|
||||
|
x 0
x 0 Alert Admin |
Yup confidence is v impt ! Good value present .vested some also
|
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
10-Jul-2014 10:58
|
||||
|
x 0
x 0 Alert Admin |
PUBLISHED JULY 10, 2014
China June exports up 7.2% y-o-y, imports up 5.5% China's exports rose 7.2 per cent in June from a year earlier, while imports rose 5.5 per cent, leaving the country with a trade surplus of US$31.6 billion for the month - PHOTO: REUTERS [BEIJING] China's exports rose 7.2 per cent in June from a year earlier, while imports rose 5.5 per cent, leaving the country with a trade surplus of US$31.6 billion for the month, the Customs Administration said on Thursday. That compared with market expectations in a Reuters poll of a 10.6 per cent rise in exports, a 5.8 per cent increase in imports and a trade surplus of US$35 billion. China's exports have been sluggish for much of this year but recently began showing signs of life thanks to firmer global demand. Imports also have been weak, highlighting sluggish domestic demand, but recent data has pointed to signs of stabilisation in the world's second-largest economy. - Reuters |
||||
| Useful To Me Not Useful To Me | |||||
|
counter
Veteran |
09-Jul-2014 22:04
|
||||
|
x 0
x 0 Alert Admin |
You are right! Indeed, today is a rainy day  rather than a sunny day for NOL. But one should not predict the weather tomorrow based on the weather today. You are right to point out that it is important to have ' holding power' . But you have missed out an equally important type of ' power' and that is ' averaging power' . Thank you for your wishing of good luck. I do believe in luck. But I believe in myself and my strategy more than in luck. I thank you very much anyway.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Cool123
Senior |
09-Jul-2014 21:54
|
||||
|
x 0
x 0 Alert Admin |
Agreed with your observation. Continue to accumulate more. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Lucky03
Elite |
09-Jul-2014 19:58
|
||||
|
x 0
x 0 Alert Admin |
Tanker market expecting the balance of supply and demand to return. Hopefully the same can be said for the container market helped by growth in port volumes and recovery in global economy and hence global trade.
WORLD SHIPPING Shrinking of Ship Supply in Tanker Market Heralded The tanker market is entering a period which will see a shrinkage in the supply of ships, therefore an improved balance between supply and demand may be established, Herbjørn Hansson, Executive Chairman at Nordic American Tankers Limited (NAT) said. Wednesday, 09.Jul.2014, 06:40 (GMT) The tanker market is entering a period which will see a shrinkage in the supply of ships, therefore an improved balance between supply and demand may be established, Herbjørn Hansson, Executive Chairman at Nordic American Tankers Limited (NAT) said. ? It is many years ago since we had such a position. The recent volatility in the spot market is also indicating a tighter balance between supply and demand,? he continued. As explained by Hansson, the first quarter of 2014 produced very strong results for the company?s suezmax tankers compared with the last quarter of 2013. ?During the fourth quarter of 2013 the operating cash flow was $1.9 million. The comparable figure for the first quarter of 2014 was about $27 million, about 14 times up,? he said. ?We know that the tanker market is volatile, the first quarter of 2014 is an indication how it can evolve. 2Q2014 will not produce results at the level with 1Q2014 as the market has fallen back. At the time of this message there is an undercurrent in the market which may lead to increased rates again. Time will tell,? he added. According to him, NAT is in excellent position to reap immediate financial benefits when the market turns around, especially having in mind that NAT?s suezmax fleet wil be exfrom 20 to 22 vessels. We shall take delivery of the two new vessels in July and August 2014, respectively. In April 2014, NAT closed a following offering that brought in approximately $113 million. The proceeds are planned to be used to finance the current acquisitions, bringing the fleet to 22 vessels, and for further fleet expansion. |
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
09-Jul-2014 19:50
|
||||
|
x 0
x 0 Alert Admin |
The capital market seems to believe that the shipping industry may be turning around.
PIL?s bonds eagerly snapped up Singapore: In its first ever Singapore bonds issuance local containerline Pacific International Lines (PIL) has raised $241m. The bonds come with a three year maturity and a yield of 5.9%. The bonds were arranged by Credit Suisse, Standard Chartered Bank and DBS Bank. Proceeds from the bonds would be used for refinancing existing borrowings and financing investments for general working capital purposes. The issue is part of a medium-term note programme of up to S$1bn ($806m) announced by PIL on the Singapore Exchange last month. In the run up to issuing the bonds, privately held PIL had to release its financial statements publically for the first time. The containerline has been in the red twice since 2010, notching losses of $98.6m and $66.1m for 2011 and 2013 respectively. [09/07/14] |
||||
| Useful To Me Not Useful To Me | |||||
|
earlybird14
Supreme |
09-Jul-2014 19:41
|
||||
|
x 0
x 0 Alert Admin |
Not everyday is sunny day. if u have holding power is fine, good luck.
|
||||
| Useful To Me Not Useful To Me | |||||
|
sgng123
Supreme |
09-Jul-2014 18:42
|
||||
|
x 0
x 0 Alert Admin |
U got balls and i like it lol. Investing and not speculating always win in the end just need the time to work out. Don matter what price u buy in as long it is not in the 2007 price range u are safe. Ship share price swing a lot when global economy take off and for early indication just look to US economy GDP they give early indication of global recovery. 1Q contraction of -2.9% give short sellers reason to start their mauling but when 2Q GDP turn out very strong to make up lost ground in 1Q due to bad weather, the tide would swing and ship would also move higher once slot cost get reduced in 2Q. Stocks are priced in advance of potential future earning and less uncertainty, currently NOL future earning uncertain and container shipping market in over capacity. These would change in 2016 when demand and supply balance each other and it might go the other way since liners need to recoup back their lost revenue in the 3-4 years of continous losses. expecting 2016-2017 good days where demand would outstrip supply and shipping lines very unwilling to expand capacity due to financial constraint suffered these last 4 years.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Lucky03
Elite |
09-Jul-2014 18:41
|
||||
|
x 0
x 0 Alert Admin |
Shanghai sees strong increase in box volumes in June
By Lee Hong Liang from Singapore Shanghai port, the world?s busiest container port, posted this year?s highest monthly container throughput of 3.06m teu in June, according to data from Shanghai International Port (Group) Co (SIPG). The Chinese port?s box volumes of 3.06m teu in June was an increase of a strong 10.8% compared to 2.76m teu in the same month of last year. Last month?s volume was also up 1.4% compared to 3.08m teu in April this year, data from SIPG showed. In the first six months of 2014, Shanghai port handled a total throughput of 17.26m teu, up 5.7% compared to 16.33m teu in the corresponding period of 2013. |
||||
| Useful To Me Not Useful To Me | |||||
|
sgng123
Supreme |
09-Jul-2014 18:29
|
||||
|
x 0
x 0 Alert Admin |
hand off for punter, till 2q result out. selling pressure currently due to no big players onboard. It the same for noble earlier this year, it touch 0.85 before it start to rebound strongly. Syndicates working to grind down ship value before buying back so if u are holding then don bother with the market now till 8 aug 14 for 2Q result. NOL is trailing behind maersk reform move while other shippingline just start to wake up and follow suit. Normally when a company like NOL size done with their cost saving plans and group restruction, profit margin would go up not due to good freight rate but based off lower operating cost and wastage cut. The business model is solid just need lot of cost cutting to shave off the wastage to bring it back to health. Endure and preservance.
|
||||
| Useful To Me Not Useful To Me | |||||
|
counter
Veteran |
09-Jul-2014 17:45
|
||||
|
x 0
x 0 Alert Admin |
If you read my previous posts, you will find that I like to buy the shares of a company when it is on the operating table (e.g. Olam, Ezra, and etc). Compare the current prices and the prices back then when they were under operation. As expected, when a share is under selling pressure, we will have bros here telling you that this price or that price is possible, or think about this price or that price. These are all distractions. Focus on your yourself and your strategy. It is the link between yourself and your strategy that will help you win in the stock market. |
||||
| Useful To Me Not Useful To Me | |||||
|
counter
Veteran |
09-Jul-2014 17:33
|
||||
|
x 0
x 0 Alert Admin |
In the stock market,  I don' t spend my time thinking about the price falling below any level. In my view, every company, regardless of its profitability, is worth some value (with some exceptions)and I see the value of NOL at this price.  I have no qualms about the price continue falling cos it gives me the opportunities to accumulate more along the way. I have never made a loss in amy single trade in my entire life using this simple strategy. I have just picked up 300 lots at $0.94. |
||||
| Useful To Me Not Useful To Me | |||||

