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Lucky03 Elite	14-Jun-2014 15:23        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	INTRA-European container volumes have been enjoying double-digit growth levels in the last year-and-a-half, but freight rates remain at historic lows. Thursday, 12.Jun.2014, 20:35 (GMT) Intra-Europe container traffic rises, but fails to boost sagging rates INTRA-European container volumes have been enjoying double-digit growth levels in the last year-and-a-half, but freight rates remain at historic lows. The latest figures from Container Trades Statistics show that in the first quarter of 2014 intra-European volumes surged 17.4 per cent year on year to 1.37 million TEU. The fastest growing of the sub-routes that make up this trade lane was intra-Mediterranean, which recorded a 25 per cent increase year on year to 573,362 TEU. The overall intra-Europe increase was most strongly felt in March, when volumes reached 515,000 TEU compared with 424,900 TEU a year earlier, Lloyd's List reported. Total volumes for 2013 were 11.15 per cent ahead of 2012 at 4.7 million TEU, with double-digit increases coming in all but four months of the year. But the CTS price index shows that freight rates were lower in January and February than they were 12 months earlier, while in March prices were also down. Last year' prices spent most of the year below the 2012 level and rates remain less than the 2008 average, though ahead of 2011 levels. The average monthly index level for 2014 stood at 81.3 at the end of March, while the average for 2013 was 82.3 and 2012 recorded a monthly average of 84.3.
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Lucky03 Elite	14-Jun-2014 15:19        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Low freight rate is here to stay. Whoever can be profitable at this level of rates will enjoy the growth. On the other hand, those who can't be profitable will indeed seriously considering bowing out or to be washed out. We all know that Mersk took the plunge to replace its fleet and carried out extensive cost restructuring and succeeded. It tdidn't happen over night earlybird14      ( Date: 13-Jun-2014 17:31) Posted: very positive. but P3 have started profitable. What is the chance for others to survive? Lucky03      ( Date: 13-Jun-2014 00:47) Posted: WORLD SHIPPING CSAV expects Hapag-Lloyd merger to save costs by ending duplications CHILE's Compania Sud Americana de Vapores (CSAV) says merger with Hapag-Lloyd will save it US$300 million a year because most cost reductions will come from ending service duplications and repositioning empties. Thursday, 12.Jun.2014, 04:49 (GMT) CSAV expects Hapag-Lloyd merger to save costs by ending duplications CHILE's Compania Sud Americana de Vapores (CSAV) says merger with Hapag-Lloyd will save it US$300 million a year because most cost reductions will come from ending service duplications and repositioning empties. "The networks overlap in the Caribbean. That will create the possibility to save money where we had to transport empty containers to where the cargo originated," said CSAV chief financial officer Nicolas Burr. "This means the empty container repositioning bill will be dramatically reduced at the end of the year," he said, according to Lloyd's List. Other savings relate to the procurement of port, terminal and intermodal operations and through using a single agency network and one headquarters. "We have some better contracts in Latin America, and Hapag-Lloyd can basically take advantage of that and they have better contracts in Europe and some are better in Asia and we will take advantage of that," he said. Mr Burr said CSAV expected to sign a binding agreement with Hapag-Lloyd within the next 40 days, and had set a target date of March 27, pending shareholder approval. He mentioned other benefits the merger would bring to CSAV, highlighting Hapag Lloyd's IT systems, and said he did not expect the expansion of the G6 Alliance, of which the German carrier is a member, to impact the north-south trades where it concentrates. Mr Burr said for the rest of the year, markets are expected to be volatile, although supply and demand is expected to rise by five per cent, and oversupply will remain in the market unless there is growth in the idle fleet. However, he said the creation of the P3 Network, the expansion of the G6 and CKYH Alliances, the co-operation agreement signed by China Shipping and Cosco and the potential merger of Hapag-Lloyd and CSAV were positive signals that "put enormous pressure on other players" to find other ways to consolidate.
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earlybird14 Supreme	13-Jun-2014 17:31        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	very positive. but P3 have started profitable. What is the chance for others to survive? Lucky03      ( Date: 13-Jun-2014 00:47) Posted: WORLD SHIPPING CSAV expects Hapag-Lloyd merger to save costs by ending duplications CHILE's Compania Sud Americana de Vapores (CSAV) says merger with Hapag-Lloyd will save it US$300 million a year because most cost reductions will come from ending service duplications and repositioning empties. Thursday, 12.Jun.2014, 04:49 (GMT) CSAV expects Hapag-Lloyd merger to save costs by ending duplications CHILE's Compania Sud Americana de Vapores (CSAV) says merger with Hapag-Lloyd will save it US$300 million a year because most cost reductions will come from ending service duplications and repositioning empties. "The networks overlap in the Caribbean. That will create the possibility to save money where we had to transport empty containers to where the cargo originated," said CSAV chief financial officer Nicolas Burr. "This means the empty container repositioning bill will be dramatically reduced at the end of the year," he said, according to Lloyd's List. Other savings relate to the procurement of port, terminal and intermodal operations and through using a single agency network and one headquarters. "We have some better contracts in Latin America, and Hapag-Lloyd can basically take advantage of that and they have better contracts in Europe and some are better in Asia and we will take advantage of that," he said. Mr Burr said CSAV expected to sign a binding agreement with Hapag-Lloyd within the next 40 days, and had set a target date of March 27, pending shareholder approval. He mentioned other benefits the merger would bring to CSAV, highlighting Hapag Lloyd's IT systems, and said he did not expect the expansion of the G6 Alliance, of which the German carrier is a member, to impact the north-south trades where it concentrates. Mr Burr said for the rest of the year, markets are expected to be volatile, although supply and demand is expected to rise by five per cent, and oversupply will remain in the market unless there is growth in the idle fleet. However, he said the creation of the P3 Network, the expansion of the G6 and CKYH Alliances, the co-operation agreement signed by China Shipping and Cosco and the potential merger of Hapag-Lloyd and CSAV were positive signals that "put enormous pressure on other players" to find other ways to consolidate.
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earlybird14 Supreme	13-Jun-2014 17:26        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Only Maersk can  take the lead to hike the rate like what Maersk did in 2012. Without P3 support, Hapag will only lose customers. Lucky03      ( Date: 13-Jun-2014 00:42) Posted: WORLD SHIPPING Hapag hikes Asia Europe rate US$1,000 July 9, Cosco boosts rate July 1 GERMANY's Hapag-Lloyd said it will increase rates from the Far East to North Europe and the Mediterranean by $1,000 per TEU on July 9. Wednesday, 11.Jun.2014, 19:07 (GMT) Hapag hikes Asia Europe rate US$1,000 July 9, Cosco boosts rate July 1 GERMANY's Hapag-Lloyd said it will increase rates from the Far East to North Europe and the Mediterranean by $1,000 per TEU on July 9. China's Cosco has announced a general rate increase for dry and reefer cargo moving from the Far East and Indian subcontinent to all US and Canadian destinations from July 1. The increases are $240 per TEU, $300 per FEU, $338 for 40-foot high-cube, and $380 for 45-footers to the west coast of North America. For intermodal cargo via west coast port destined beyond California, Oregon and Washington and all-water boxes bound for US east and Gulf ports, rates will rise $300 per TEU, $400 per FEU, $450 per 40-foot high-cube and $506 for 45-footers.
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Lucky03 Elite	13-Jun-2014 00:47        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	WORLD SHIPPING CSAV expects Hapag-Lloyd merger to save costs by ending duplications CHILE's Compania Sud Americana de Vapores (CSAV) says merger with Hapag-Lloyd will save it US$300 million a year because most cost reductions will come from ending service duplications and repositioning empties. Thursday, 12.Jun.2014, 04:49 (GMT) CSAV expects Hapag-Lloyd merger to save costs by ending duplications CHILE's Compania Sud Americana de Vapores (CSAV) says merger with Hapag-Lloyd will save it US$300 million a year because most cost reductions will come from ending service duplications and repositioning empties. "The networks overlap in the Caribbean. That will create the possibility to save money where we had to transport empty containers to where the cargo originated," said CSAV chief financial officer Nicolas Burr. "This means the empty container repositioning bill will be dramatically reduced at the end of the year," he said, according to Lloyd's List. Other savings relate to the procurement of port, terminal and intermodal operations and through using a single agency network and one headquarters. "We have some better contracts in Latin America, and Hapag-Lloyd can basically take advantage of that and they have better contracts in Europe and some are better in Asia and we will take advantage of that," he said. Mr Burr said CSAV expected to sign a binding agreement with Hapag-Lloyd within the next 40 days, and had set a target date of March 27, pending shareholder approval. He mentioned other benefits the merger would bring to CSAV, highlighting Hapag Lloyd's IT systems, and said he did not expect the expansion of the G6 Alliance, of which the German carrier is a member, to impact the north-south trades where it concentrates. Mr Burr said for the rest of the year, markets are expected to be volatile, although supply and demand is expected to rise by five per cent, and oversupply will remain in the market unless there is growth in the idle fleet. However, he said the creation of the P3 Network, the expansion of the G6 and CKYH Alliances, the co-operation agreement signed by China Shipping and Cosco and the potential merger of Hapag-Lloyd and CSAV were positive signals that "put enormous pressure on other players" to find other ways to consolidate.
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Lucky03 Elite	13-Jun-2014 00:42        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	WORLD SHIPPING Hapag hikes Asia Europe rate US$1,000 July 9, Cosco boosts rate July 1 GERMANY's Hapag-Lloyd said it will increase rates from the Far East to North Europe and the Mediterranean by $1,000 per TEU on July 9. Wednesday, 11.Jun.2014, 19:07 (GMT) Hapag hikes Asia Europe rate US$1,000 July 9, Cosco boosts rate July 1 GERMANY's Hapag-Lloyd said it will increase rates from the Far East to North Europe and the Mediterranean by $1,000 per TEU on July 9. China's Cosco has announced a general rate increase for dry and reefer cargo moving from the Far East and Indian subcontinent to all US and Canadian destinations from July 1. The increases are $240 per TEU, $300 per FEU, $338 for 40-foot high-cube, and $380 for 45-footers to the west coast of North America. For intermodal cargo via west coast port destined beyond California, Oregon and Washington and all-water boxes bound for US east and Gulf ports, rates will rise $300 per TEU, $400 per FEU, $450 per 40-foot high-cube and $506 for 45-footers.
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HongLimPark Senior	12-Jun-2014 16:47        HongLimPark About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sooner or later will follow after Berlian Laju. Sell until no more ships. earlybird14      ( Date: 12-Jun-2014 16:27) Posted: Cut cost? This is always mentioned in their past 3 years presentation. They show they have cut the cost in operation by saving the fuel oil cost and be efficient handling the route and cargo arrangement which all competitors are doing the same and P3, Maersk, MSC and CMA are more outstanding. However, the following are increasing their cost 1) selling head quarter, the gain is gone and easily offset by the loss in last 3 quarters, now NOL has to pay monthly rental fee and the income of  rental fee of the NOL building is gone. I don' t know how much is there but it would be another cost increase 2) selling the old vessels to container owners to unload  their assets with cash but chartered back the old vessels with well above market chartered rate. 3) Interest payments from notes and short term loan are increasing The above 3 which resolve  their short term cash flow problem but bringing long term cost increase problem. Lucky03      ( Date: 12-Jun-2014 15:18) Posted: Who cares ?! We want them to cut cost to their bone, right
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earlybird14 Supreme	12-Jun-2014 16:27        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Cut cost? This is always mentioned in their past 3 years presentation. They show they have cut the cost in operation by saving the fuel oil cost and be efficient handling the route and cargo arrangement which all competitors are doing the same and P3, Maersk, MSC and CMA are more outstanding. However, the following are increasing their cost 1) selling head quarter, the gain is gone and easily offset by the loss in last 3 quarters, now NOL has to pay monthly rental fee and the income of  rental fee of the NOL building is gone. I don' t know how much is there but it would be another cost increase 2) selling the old vessels to container owners to unload  their assets with cash but chartered back the old vessels with well above market chartered rate. 3) Interest payments from notes and short term loan are increasing The above 3 which resolve  their short term cash flow problem but bringing long term cost increase problem. Lucky03      ( Date: 12-Jun-2014 15:18) Posted: Who cares ?! We want them to cut cost to their bone, right ? earlybird14      ( Date: 12-Jun-2014 12:02) Posted: NOL is going to move out from their building to one of the office in Buona Vista. So charm.... No more headquarter.
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famouspinky Supreme	12-Jun-2014 16:26        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Other shares that went up also no building and no good looking Cash flow statement lol Currently ah Kong don't need our money Lucky03      ( Date: 12-Jun-2014 15:18) Posted: Who cares ?! We want them to cut cost to their bone, right ? earlybird14      ( Date: 12-Jun-2014 12:02) Posted: NOL is going to move out from their building to one of the office in Buona Vista. So charm.... No more headquarter.
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Lucky03 Elite	12-Jun-2014 15:18        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who cares ?! We want them to cut cost to their bone, right ? earlybird14      ( Date: 12-Jun-2014 12:02) Posted: NOL is going to move out from their building to one of the office in Buona Vista. So charm.... No more headquarter.
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earlybird14 Supreme	12-Jun-2014 12:02        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	NOL is going to move out from their building to one of the office in Buona Vista. So charm.... No more headquarter.
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Lucky03 Elite	12-Jun-2014 09:37        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	NOL exhibiting resilience. It is coming to the end if its Q2 ending Jun 14. I'm sure those in the industry will have some idea how's it doing so far. From ST : Welcome surge in India's exports NEW DELHI - India's exports increased at the fastest pace in six months in May in a boost for Prime Minister Narendra Modi's new government as it signalled a loosening of gold import rules and a push to improve trade ties with the US.
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famouspinky Supreme	11-Jun-2014 16:27        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Problem with Singapore is too much emphasis on austerity. Who cares abt austerity? Profit is more important. Ask the scholars to make $. Hw many can? What does Singapore have? Sell land?? That's the easiest way lol. No need education also know how to sell land and to make money lah. earlybird14      ( Date: 11-Jun-2014 12:32) Posted: 1st paragraph, agreed and knew that quite a substantial change in APL management during last restructure. None of the notes which are secured to pay vessels are paid and debt is increasing, new cost for interest for the high debt which is one of the reason why nol difficult to turn profitable Don't really think so. I posted a news about military contract, maersk secured the biggest value, German shipping company secured too. Therefore, it is open bids, a lot of things are changed, national interest may not complicated, if buyout come early, it is good to existing shareholders. But it may not has buyer in the market. This is not useless, this is just a better long team beat the shortist and force shortist to cover, long team is able to convince market that hank ore is a good company and earn the support. NOL? Loss making, so better don't be too positive. Temasek may help if gonna shorted badly but what will be the price after shorted. How about the 2nd possibility, temasek may know it and allow the dilution. Nol may survive, but what will be the price after these Lucky03      ( Date: 11-Jun-2014 12:01) Posted: earlybird14, you may be right with politic and difficult to control the US side. That may have been the reason to restructure management control and responsibility recently by functional role rather than geographical sector. That will force them to take accountability across countries and hopefully see better economy of scale and efficiency. As for sales of ship to offset loan, I believe quite a fair bits of NOL ships are chartered. In fact, their new ships are paid and owned and hence the earlier NOL returns the higher charges chartered fleet, the better for their cost structure. They are already doing that. If indeed NOL has no more national interest at stake, it will be good if they sell away and unlock the value for shareholders. We can be looking at 30% above valuation or close to $1.28 per share. Not sure if that's good enough for some. On the other hand, the acquisition of APL may have political mileage to secure US support and protection since it is one of the rare US shipping companies. So, it may not be straight forward to sell NOL or APL to be more exact without US' govt nodding their head ? Don't bother about those SGX shorts statistic. They are stupid and useless numbers. Probably some traders doing intra day trades but looking at some of the ave price for the various days and closing prices assuming they covered back since there was almost no change in the pools of shares available for borrowing , they could be losing money even if they don't need to pay commission to themselves ! I noticed similar stats when I was collecting Hankore and wrote to SGX for investigation as each day shorts can account for almost 70% of total daily volume ! Standard reply that they will look into it but will not share their investigation ..
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earlybird14 Supreme	11-Jun-2014 12:32        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	1st paragraph, agreed and knew that quite a substantial change in APL management during last restructure. None of the notes which are secured to pay vessels are paid and debt is increasing, new cost for interest for the high debt which is one of the reason why nol difficult to turn profitable Don't really think so. I posted a news about military contract, maersk secured the biggest value, German shipping company secured too. Therefore, it is open bids, a lot of things are changed, national interest may not complicated, if buyout come early, it is good to existing shareholders. But it may not has buyer in the market. This is not useless, this is just a better long team beat the shortist and force shortist to cover, long team is able to convince market that hank ore is a good company and earn the support. NOL? Loss making, so better don't be too positive. Temasek may help if gonna shorted badly but what will be the price after shorted. How about the 2nd possibility, temasek may know it and allow the dilution. Nol may survive, but what will be the price after these Lucky03      ( Date: 11-Jun-2014 12:01) Posted: earlybird14, you may be right with politic and difficult to control the US side. That may have been the reason to restructure management control and responsibility recently by functional role rather than geographical sector. That will force them to take accountability across countries and hopefully see better economy of scale and efficiency. As for sales of ship to offset loan, I believe quite a fair bits of NOL ships are chartered. In fact, their new ships are paid and owned and hence the earlier NOL returns the higher charges chartered fleet, the better for their cost structure. They are already doing that. If indeed NOL has no more national interest at stake, it will be good if they sell away and unlock the value for shareholders. We can be looking at 30% above valuation or close to $1.28 per share. Not sure if that's good enough for some. On the other hand, the acquisition of APL may have political mileage to secure US support and protection since it is one of the rare US shipping companies. So, it may not be straight forward to sell NOL or APL to be more exact without US' govt nodding their head ? Don't bother about those SGX shorts statistic. They are stupid and useless numbers. Probably some traders doing intra day trades but looking at some of the ave price for the various days and closing prices assuming they covered back since there was almost no change in the pools of shares available for borrowing , they could be losing money even if they don't need to pay commission to themselves ! I noticed similar stats when I was collecting Hankore and wrote to SGX for investigation as each day shorts can account for almost 70% of total daily volume ! Standard reply that they will look into it but will not share their investigation ... earlybird14      ( Date: 11-Jun-2014 11:45) Posted: Since years ago, I heard NOL internally was very politic and messy. APL management is in US, basically very hard to controlled. So, don' t push too much hope in NOL. The daily short sell volume are something cannot be neglected. Past10 trading day short sell volumes are as follow (daily volume vs daily  shortsell volume, %): 1) 10 June - 1369 vs 245 lots, 18% 2) 1310 vs 448, 34% 3) 1437 vs 404, 28% 4) 2405 vs 972, 40% 5) 568 vs 217, 38% 6) 3440 vs 1992, 58% 7) 1169 vs 680, 58% 8) 1903 vs 900, 47% 9) 4531 vs 511, 11% 10) 907 vs 371, 41%. Constant shorting volume have been started since May 2014. Total short volume since begin may is 20468 lots or market value of $20,158,034. This may continue to last the rest of the months. In my personnel opinion, 2 things may happen soon: 1) Foreign fund managers are targeting on it and shorting it. 2) NOL has engaged bank or broker to short sell the shares now at higher price, it will be covered with new shares to be issued months later which mean NOL will issue rights soon. This is just my guess based on my trading experience, it may not be right. But for holders, you can just take it as reference.
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famouspinky Supreme	11-Jun-2014 12:24        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Share price is now at equilibrium pt earlybird14      ( Date: 11-Jun-2014 11:45) Posted: Since years ago, I heard NOL internally was very politic and messy. APL management is in US, basically very hard to controlled. So, don' t push too much hope in NOL. The daily short sell volume are something cannot be neglected. Past10 trading day short sell volumes are as follow (daily volume vs daily  shortsell volume, %): 1) 10 June - 1369 vs 245 lots, 18% 2) 1310 vs 448, 34% 3) 1437 vs 404, 28% 4) 2405 vs 972, 40% 5) 568 vs 217, 38% 6) 3440 vs 1992, 58% 7) 1169 vs 680, 58% 8) 1903 vs 900, 47% 9) 4531 vs 511, 11% 10) 907 vs 371, 41%. Constant shorting volume have been started since May 2014. Total short volume since begin may is 20468 lots or market value of $20,158,034. This may continue to last the rest of the months. In my personnel opinion, 2 things may happen soon: 1) Foreign fund managers are targeting on it and shorting it. 2) NOL has engaged bank or broker to short sell the shares now at higher price, it will be covered with new shares to be issued months later which mean NOL will issue rights soon. This is just my guess based on my trading experience, it may not be right. But for holders, you can just take it as reference. foucs69      ( Date: 11-Jun-2014 11:15) Posted: haha dun think they will sell............is family business................heard big bosses is good man n humble.................. have a group of loyal old guards still around........ same have many FT managed the technical team....but main importantly is the finanical side and the business development foresight
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famouspinky Supreme	11-Jun-2014 12:15        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	3rd paragraph of APL's customers and trade route is important for national interest. 1st para of good corporate governance is Important in any good org. Meanwhile, patience is key for profitability. Lucky03      ( Date: 11-Jun-2014 12:01) Posted: earlybird14, you may be right with politic and difficult to control the US side. That may have been the reason to restructure management control and responsibility recently by functional role rather than geographical sector. That will force them to take accountability across countries and hopefully see better economy of scale and efficiency. As for sales of ship to offset loan, I believe quite a fair bits of NOL ships are chartered. In fact, their new ships are paid and owned and hence the earlier NOL returns the higher charges chartered fleet, the better for their cost structure. They are already doing that. If indeed NOL has no more national interest at stake, it will be good if they sell away and unlock the value for shareholders. We can be looking at 30% above valuation or close to $1.28 per share. Not sure if that's good enough for some. On the other hand, the acquisition of APL may have political mileage to secure US support and protection since it is one of the rare US shipping companies. So, it may not be straight forward to sell NOL or APL to be more exact without US' govt nodding their head ? Don't bother about those SGX shorts statistic. They are stupid and useless numbers. Probably some traders doing intra day trades but looking at some of the ave price for the various days and closing prices assuming they covered back since there was almost no change in the pools of shares available for borrowing , they could be losing money even if they don't need to pay commission to themselves ! I noticed similar stats when I was collecting Hankore and wrote to SGX for investigation as each day shorts can account for almost 70% of total daily volume ! Standard reply that they will look into it but will not share their investigation ... earlybird14      ( Date: 11-Jun-2014 11:45) Posted: Since years ago, I heard NOL internally was very politic and messy. APL management is in US, basically very hard to controlled. So, don' t push too much hope in NOL. The daily short sell volume are something cannot be neglected. Past10 trading day short sell volumes are as follow (daily volume vs daily  shortsell volume, %): 1) 10 June - 1369 vs 245 lots, 18% 2) 1310 vs 448, 34% 3) 1437 vs 404, 28% 4) 2405 vs 972, 40% 5) 568 vs 217, 38% 6) 3440 vs 1992, 58% 7) 1169 vs 680, 58% 8) 1903 vs 900, 47% 9) 4531 vs 511, 11% 10) 907 vs 371, 41%. Constant shorting volume have been started since May 2014. Total short volume since begin may is 20468 lots or market value of $20,158,034. This may continue to last the rest of the months. In my personnel opinion, 2 things may happen soon: 1) Foreign fund managers are targeting on it and shorting it. 2) NOL has engaged bank or broker to short sell the shares now at higher price, it will be covered with new shares to be issued months later which mean NOL will issue rights soon. This is just my guess based on my trading experience, it may not be right. But for holders, you can just take it as reference.
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Lucky03 Elite	11-Jun-2014 12:01        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	earlybird14, you may be right with politic and difficult to control the US side. That may have been the reason to restructure management control and responsibility recently by functional role rather than geographical sector. That will force them to take accountability across countries and hopefully see better economy of scale and efficiency. As for sales of ship to offset loan, I believe quite a fair bits of NOL ships are chartered. In fact, their new ships are paid and owned and hence the earlier NOL returns the higher charges chartered fleet, the better for their cost structure. They are already doing that. If indeed NOL has no more national interest at stake, it will be good if they sell away and unlock the value for shareholders. We can be looking at 30% above valuation or close to $1.28 per share. Not sure if that's good enough for some. On the other hand, the acquisition of APL may have political mileage to secure US support and protection since it is one of the rare US shipping companies. So, it may not be straight forward to sell NOL or APL to be more exact without US' govt nodding their head ? Don't bother about those SGX shorts statistic. They are stupid and useless numbers. Probably some traders doing intra day trades but looking at some of the ave price for the various days and closing prices assuming they covered back since there was almost no change in the pools of shares available for borrowing , they could be losing money even if they don't need to pay commission to themselves ! I noticed similar stats when I was collecting Hankore and wrote to SGX for investigation as each day shorts can account for almost 70% of total daily volume ! Standard reply that they will look into it but will not share their investigation ... earlybird14      ( Date: 11-Jun-2014 11:45) Posted: Since years ago, I heard NOL internally was very politic and messy. APL management is in US, basically very hard to controlled. So, don' t push too much hope in NOL. The daily short sell volume are something cannot be neglected. Past10 trading day short sell volumes are as follow (daily volume vs daily  shortsell volume, %): 1) 10 June - 1369 vs 245 lots, 18% 2) 1310 vs 448, 34% 3) 1437 vs 404, 28% 4) 2405 vs 972, 40% 5) 568 vs 217, 38% 6) 3440 vs 1992, 58% 7) 1169 vs 680, 58% 8) 1903 vs 900, 47% 9) 4531 vs 511, 11% 10) 907 vs 371, 41%. Constant shorting volume have been started since May 2014. Total short volume since begin may is 20468 lots or market value of $20,158,034. This may continue to last the rest of the months. In my personnel opinion, 2 things may happen soon: 1) Foreign fund managers are targeting on it and shorting it. 2) NOL has engaged bank or broker to short sell the shares now at higher price, it will be covered with new shares to be issued months later which mean NOL will issue rights soon. This is just my guess based on my trading experience, it may not be right. But for holders, you can just take it as reference. foucs69      ( Date: 11-Jun-2014 11:15) Posted: haha dun think they will sell............is family business................heard big bosses is good man n humble.................. have a group of loyal old guards still around........ same have many FT managed the technical team....but main importantly is the finanical side and the business development foresight
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earlybird14 Supreme	11-Jun-2014 11:45        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Since years ago, I heard NOL internally was very politic and messy. APL management is in US, basically very hard to controlled. So, don' t push too much hope in NOL. The daily short sell volume are something cannot be neglected. Past10 trading day short sell volumes are as follow (daily volume vs daily  shortsell volume, %): 1) 10 June - 1369 vs 245 lots, 18% 2) 1310 vs 448, 34% 3) 1437 vs 404, 28% 4) 2405 vs 972, 40% 5) 568 vs 217, 38% 6) 3440 vs 1992, 58% 7) 1169 vs 680, 58% 8) 1903 vs 900, 47% 9) 4531 vs 511, 11% 10) 907 vs 371, 41%. Constant shorting volume have been started since May 2014. Total short volume since begin may is 20468 lots or market value of $20,158,034. This may continue to last the rest of the months. In my personnel opinion, 2 things may happen soon: 1) Foreign fund managers are targeting on it and shorting it. 2) NOL has engaged bank or broker to short sell the shares now at higher price, it will be covered with new shares to be issued months later which mean NOL will issue rights soon. This is just my guess based on my trading experience, it may not be right. But for holders, you can just take it as reference. foucs69      ( Date: 11-Jun-2014 11:15) Posted: haha dun think they will sell............is family business................heard big bosses is good man n humble.................. have a group of loyal old guards still around........ same have many FT managed the technical team....but main importantly is the finanical side and the business development foresight earlybird14      ( Date: 11-Jun-2014 11:12) Posted: Shall Temasek bought over PIL and request PIL Management to manage NOL? This may be one of the solution.
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foucs69 Veteran	11-Jun-2014 11:19        foucs69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	they dun buy or build big big box ship trade route is mostly SEA and developing countries where Port is not big.................Africa think they alos have shares in PSA..........................PP port Berth no.1 - 4 is their so call perm berth foucs69      ( Date: 11-Jun-2014 11:15) Posted: haha dun think they will sell............is family business................heard big bosses is good man n humble.................. have a group of loyal old guards still around........ same have many FT managed the technical team....but main importantly is the finanical side and the business development foresight earlybird14      ( Date: 11-Jun-2014 11:12) Posted: Shall Temasek bought over PIL and request PIL Management to manage NOL? This may be one of the solution.
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foucs69 Veteran	11-Jun-2014 11:15        foucs69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	haha dun think they will sell............is family business................heard big bosses is good man n humble.................. have a group of loyal old guards still around........ same have many FT managed the technical team....but main importantly is the finanical side and the business development foresight earlybird14      ( Date: 11-Jun-2014 11:12) Posted: Shall Temasek bought over PIL and request PIL Management to manage NOL? This may be one of the solution. foucs69      ( Date: 11-Jun-2014 11:05) Posted: so far the best Box ship operator in Singapore is PIL...........too bad is private..........................
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