| Latest Forum Topics / Neptune Orient L Rg |
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NOL
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jackson5
Master |
11-Dec-2015 09:15
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Now CMA has the agreement to buy NOL , along the way , if some shipping gints offer CMA for the NOL stake , CMA may just sell to them with instant profit . Like the Indian brothers who sold Parkway health to IHH Malaysia and made more than 100M without having to run Parkway. |
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Integrity
Elite |
11-Dec-2015 09:12
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Not everyone has the cash to hold for 6 months or more, and there is a small risk attached to this deal. FD is about 1.5% for 6 months now but principle amount is guaranteed. Of course epends on each individual appetite, for me  i will just buy using my extra cash and hold for 6 months. Anyway the risk is negligible in my opinion, we are talking about CMA and NOL in this case, not those " pariah' companies.
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Qanghoo
Supreme |
11-Dec-2015 08:45
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Abt five yrs ago, they also gave ' hold' call on  NOL cos shipping downturn n recovery only around 2015.  But life is really unpredictable.  Now end of 2015, Greek debt crisis already past, American economy turning corner -  rest of the wrold, led by PRC,  Japan n  Europe  collapse.    So now  Draghi n  counterparts in China n Japan working doubly hard to normalise  their economies    But perhaps when they are done, America maybe  back in recession.  So, how will shipping ever recover?
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earlybird14
Supreme |
11-Dec-2015 07:13
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6months. When oil price was high, people said low streaming and remove the over capacity, now i heard, slowly turn to normal streaming which cause shorter time for the trip and cause even more capacity, then another 20% new order will add in.
Will the market better after 6 month? Really doubt so, within this 6 month, there is a risk nol and cma making huge loss for 2 quarters and jeopardise the offer and loans from various bank. This 6% gain to 1.30, does price in the risk. I believe some brokers are instructed to accummulate at this price by hedging 6% is the cost for the hedge, of course when date approach price will slowly up to 1.30. So, when they are protected with the hedge, what those retailers are protected, sometimes easy money look easy to earn but still content the risk. So 6% for uncertainty. Bear in mind, if what if happen, nol will be back to 80-90, so it is 30% loss. 95% to earn the 6%, 5% to lose the 30%. If the deal really collapse, when news out it is instant kill at pre open market.
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fortunecat
Master |
11-Dec-2015 07:00
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ya, just seem strange for the price to stay here for everyone to buy and get that " almost guaranteed" 8c profit
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HazardKoh
Master |
11-Dec-2015 06:56
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I agree 95% chance of success .. I think the odds is like  Japan vs Singapore in a soccer match. And u know strange things happens sometimes. But of course, nothing is 100% in life. As the  expectation of success for the deal  is very high, IF (a BIG IF), any  derailment happens to  the deal, the respond will be equally strong, the drop will be quite scary too i think. Even if u put ur $$$ in fixed deposit in a bank, there is still a 1% chance the bank encouters problem and goes bankrupt. For me, i think of opportunity costs. I rather bet on other counters :) I buy other counters, I have dividend of 5% too plus the chance of capital gain especially since most counters are trading at recent low.    
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polarinda
Master |
10-Dec-2015 23:54
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If its a sure bet , everyone would be selling assets to buy at 122.
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halleluyah
Supreme |
10-Dec-2015 23:39
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Yeah same thinking. Tis mrng added some after spoken to my broker.....
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ken777
Veteran |
10-Dec-2015 23:35
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with pressure from china latest merger, the deal for CMA to buy over NOL is likely to be done deal and crucial. Very little hope left since all playing synergies , CMA say to increase PSA cargo volume with ther merger so what you guess dont really matter i think .. TH gain with NOL sale, PSA gain with more cargo volume.. left and right gain will say no meh
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sgng123
Supreme |
10-Dec-2015 23:30
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deal not sealed else stock would shoot to 1.30. now is waiting time for anti trust regulator approval though th support the deal. but anything can happen. what CMA offer did is to place a bottom on NOL share price that all, if a competing bid come along then u got dhow to see. G6 alliance losing APL, Cosco/CSCL merger would kind of screw up the alliances cargo mix and send all back to red again. G6 alliance members very quiet about losing their member APLonce CMA dea lget the approval, japanese might strike since they only one who got the firepower to fight back CMA. THis kind of wayang show u need some party spoiler and ruin CMA/Temasek scheme lol.
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AndyLoss
Master |
10-Dec-2015 22:50
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its not 1 year... the wait is only 5/6 months.. I too am thinking about the same :)
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newbie24
Veteran |
10-Dec-2015 22:32
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Given market volatility, I'm seriously considering to just pump more in here, at least it's somewhat guaranteed return.. 1 year isn't that long a wait anyway. Don't know, still looking out for market trends | ||||
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serious
Master |
10-Dec-2015 21:53
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These 2 companies are China state owned , so must get their state gov. to approve , very normal.
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Qanghoo
Supreme |
10-Dec-2015 20:05
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But NOL n CMA agreement already sealed so shd not right?
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granto
Master |
10-Dec-2015 20:00
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Wonder if this will change anything, although it was known prior... China Shipping and Cosco merger gets state approval:  http://splash247.com/china-shipping-and-cosco-merger-gets-state-approval/ |
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halleluyah
Supreme |
10-Dec-2015 16:56
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I see if dow close green tonite, tml nol will go up liao. Just now abt to go up when ssec n hsi turning green bt both u-turn then it also flw....
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jackson5
Master |
10-Dec-2015 16:48
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Whatever , they really put up the quantity to buy at 1.215 , whoever has the quantity to throw to them , they will take it . 20 over miliion shares q cannot be from small players .
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Qanghoo
Supreme |
10-Dec-2015 16:18
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No lah, cks jam the gates lah.  Happens in a lot of other stocks also.  Morning, 8.30  when boot up ur PC, q is already far bigger than u' d imagine. 
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jackson5
Master |
10-Dec-2015 16:15
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Looking the the q quantity , unlikely the retailers can put up that quantity to buy , only the BBs can do it . |
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rawlow1945
Senior |
10-Dec-2015 14:34
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very likely, all bbs waiting at 1.215 retailers waiting to sell at 1.22 contras players then will dump in at 1.215 at end of the day
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