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earlybird14 Supreme	10-Jun-2014 15:17        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	like chartered semi con, never die. just drop and drop and drop then gonna sold by temasek at the end. HongLimPark      ( Date: 10-Jun-2014 15:05) Posted: Got Temasek backing. Won' t die one. famouspinky      ( Date: 10-Jun-2014 14:53) Posted: Bigger market share = more orders
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HongLimPark Senior	10-Jun-2014 15:05        HongLimPark About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got Temasek backing. Won' t die one. famouspinky      ( Date: 10-Jun-2014 14:53) Posted: Bigger market share = more orders earlybird14      ( Date: 10-Jun-2014 14:13) Posted: Maersk made 1 billion, NOL lose 295million in 2013. based on current situation, if NOL can make 400 million, Maersk can make 3 to 5 billion. Then they will build another 30 tripple E 18000 TEU container vessels to flood the market with this 3 to 5 billion profit. No room for NOL to survive
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famouspinky Supreme	10-Jun-2014 14:53        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bigger market share = more orders earlybird14      ( Date: 10-Jun-2014 14:13) Posted: Maersk made 1 billion, NOL lose 295million in 2013. based on current situation, if NOL can make 400 million, Maersk can make 3 to 5 billion. Then they will build another 30 tripple E 18000 TEU container vessels to flood the market with this 3 to 5 billion profit. No room for NOL to survive famouspinky      ( Date: 10-Jun-2014 14:00) Posted: Maersk also lose money in the last 3y.only profit recently. 400 mil profit when number 1 gets 1bil is not bad lol
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Lucky03 Elite	10-Jun-2014 14:53        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don't think it is so straightforward to calculate profit between 2 large companies. Anyway, it is more than just economic or profitability that I'm buying into NOL. Let's see. earlybird14      ( Date: 10-Jun-2014 14:13) Posted: Maersk made 1 billion, NOL lose 295million in 2013. based on current situation, if NOL can make 400 million, Maersk can make 3 to 5 billion. Then they will build another 30 tripple E 18000 TEU container vessels to flood the market with this 3 to 5 billion profit. No room for NOL to survive famouspinky      ( Date: 10-Jun-2014 14:00) Posted: Maersk also lose money in the last 3y.only profit recently. 400 mil profit when number 1 gets 1bil is not bad lol
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earlybird14 Supreme	10-Jun-2014 14:13        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Maersk made 1 billion, NOL lose 295million in 2013. based on current situation, if NOL can make 400 million, Maersk can make 3 to 5 billion. Then they will build another 30 tripple E 18000 TEU container vessels to flood the market with this 3 to 5 billion profit. No room for NOL to survive famouspinky      ( Date: 10-Jun-2014 14:00) Posted: Maersk also lose money in the last 3y.only profit recently. 400 mil profit when number 1 gets 1bil is not bad lol. earlybird14      ( Date: 10-Jun-2014 13:43) Posted: In fact, after reading so many positive new in economic, NOL still making loss, you shall worry more. P3 are making profit with the global economic growth. What kind of economic growth  holders would like to expect to ensure NOL to make profit? Look back to the history chart, when NOL earned profit 400million in 2010 3Q, NOL only shoot to 2 dollar, that time, NOL was low debt and market was so positive the container shipping market was back. However, after that, 3 years running huge loss, were we in bad economic in past 3 years? No really. P3 are making profit now and are not willing to hike rate but looking for even deeply cost cutting programme, even though NOL finally break even (seem like very tough), can NOL shoot to 2 dollar? No really, the most, 1.2 to 1.3. The holders are betting 1.2 to 1.3 but facing the huge risk that NOL may continue making loss and trigger the selling pressure due to debt issue which will surface out soon. When NOL is making 295 million loss(exclude the gain from head quarter sales), Maersk is making 1 billion profit in 2013. If you expect NOL making 400 million profit, I believe Maersk can make 3 to  5 billion profit. Will the shipping market allow this happen? Answer is not. The shipping freight rate is flat for 2 years between 900 to 1200 as  shown in chart  http://www1.chineseshipping.com.cn/en/indices/scfi.jsp. P3 have accepted the fact that this will be the shipping freight rate in next few years, therefore, they are looking for further cost cutting with the basis of this freight rate and work from here to explore higher profit. However, NOL holders here are looking the other way to expect something which the market leaders(P3, not me)  believe will never happen. NOL giants vessels have been delivered all as per today date. The coming financial result will be the last hope for the holders. If NOL still fail and freight rate still at this level, what will holders expect????
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famouspinky Supreme	10-Jun-2014 14:00        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maersk also lose money in the last 3y.only profit recently. 400 mil profit when number 1 gets 1bil is not bad lol. earlybird14      ( Date: 10-Jun-2014 13:43) Posted: In fact, after reading so many positive new in economic, NOL still making loss, you shall worry more. P3 are making profit with the global economic growth. What kind of economic growth  holders would like to expect to ensure NOL to make profit? Look back to the history chart, when NOL earned profit 400million in 2010 3Q, NOL only shoot to 2 dollar, that time, NOL was low debt and market was so positive the container shipping market was back. However, after that, 3 years running huge loss, were we in bad economic in past 3 years? No really. P3 are making profit now and are not willing to hike rate but looking for even deeply cost cutting programme, even though NOL finally break even (seem like very tough), can NOL shoot to 2 dollar? No really, the most, 1.2 to 1.3. The holders are betting 1.2 to 1.3 but facing the huge risk that NOL may continue making loss and trigger the selling pressure due to debt issue which will surface out soon. When NOL is making 295 million loss(exclude the gain from head quarter sales), Maersk is making 1 billion profit in 2013. If you expect NOL making 400 million profit, I believe Maersk can make 3 to  5 billion profit. Will the shipping market allow this happen? Answer is not. The shipping freight rate is flat for 2 years between 900 to 1200 as  shown in chart  http://www1.chineseshipping.com.cn/en/indices/scfi.jsp. P3 have accepted the fact that this will be the shipping freight rate in next few years, therefore, they are looking for further cost cutting with the basis of this freight rate and work from here to explore higher profit. However, NOL holders here are looking the other way to expect something which the market leaders(P3, not me)  believe will never happen. NOL giants vessels have been delivered all as per today date. The coming financial result will be the last hope for the holders. If NOL still fail and freight rate still at this level, what will holders expect???? Lucky03      ( Date: 10-Jun-2014 00:20) Posted: Not to forget that India is experiencing euphoria now with the new PM Modi on board while Indonesia is enjoying robust export growth and Philippine is also witnessing strong recovery. Even Spore is terminal is seeing strong growth in cargo traffic at PSA terminal. I may be overly optimistic but I believe they are facts which can be read on mass media. NOL is really hopeless if they can't turn around soon after 3 years of aggressive cost cutting and reorganization plus the setup of G6. Anyway, if they can't make it on their own, then they will be better off letting others take over them and do the job.
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earlybird14 Supreme	10-Jun-2014 13:43        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	In fact, after reading so many positive new in economic, NOL still making loss, you shall worry more. P3 are making profit with the global economic growth. What kind of economic growth  holders would like to expect to ensure NOL to make profit? Look back to the history chart, when NOL earned profit 400million in 2010 3Q, NOL only shoot to 2 dollar, that time, NOL was low debt and market was so positive the container shipping market was back. However, after that, 3 years running huge loss, were we in bad economic in past 3 years? No really. P3 are making profit now and are not willing to hike rate but looking for even deeply cost cutting programme, even though NOL finally break even (seem like very tough), can NOL shoot to 2 dollar? No really, the most, 1.2 to 1.3. The holders are betting 1.2 to 1.3 but facing the huge risk that NOL may continue making loss and trigger the selling pressure due to debt issue which will surface out soon. When NOL is making 295 million loss(exclude the gain from head quarter sales), Maersk is making 1 billion profit in 2013. If you expect NOL making 400 million profit, I believe Maersk can make 3 to  5 billion profit. Will the shipping market allow this happen? Answer is not. The shipping freight rate is flat for 2 years between 900 to 1200 as  shown in chart  http://www1.chineseshipping.com.cn/en/indices/scfi.jsp. P3 have accepted the fact that this will be the shipping freight rate in next few years, therefore, they are looking for further cost cutting with the basis of this freight rate and work from here to explore higher profit. However, NOL holders here are looking the other way to expect something which the market leaders(P3, not me)  believe will never happen. NOL giants vessels have been delivered all as per today date. The coming financial result will be the last hope for the holders. If NOL still fail and freight rate still at this level, what will holders expect???? Lucky03      ( Date: 10-Jun-2014 00:20) Posted: Not to forget that India is experiencing euphoria now with the new PM Modi on board while Indonesia is enjoying robust export growth and Philippine is also witnessing strong recovery. Even Spore is terminal is seeing strong growth in cargo traffic at PSA terminal. I may be overly optimistic but I believe they are facts which can be read on mass media. NOL is really hopeless if they can't turn around soon after 3 years of aggressive cost cutting and reorganization plus the setup of G6. Anyway, if they can't make it on their own, then they will be better off letting others take over them and do the job. Lucky03      ( Date: 10-Jun-2014 00:15) Posted: We see US economy continue to stay stronger with sign of going stronger promoting FED to review QE program and possibly raising interest rate next year while Europe is seeing sign of recovery albeit fragile that promoted them to lower interest rates further and considering similar to QE type of Programme. Japan is stabilizing and emerging from decade old recession and deflation. China is struggling to find its footing while hovering around 7.4% - 7.6% growth rate. While the govt is acting tough to say that's good enough, that's obviously not true an hence there are early signs that they are taking measures to revive the growth engine. If they succeed without stroking inflation, we will have all pistons of the global engine firing in concert ! PUBLISHED JUNE 09, 2014 China c.bank cuts banks' reserve requirement ratio by 50 bps PRINT |EMAIL THIS ARTICLE China's central bank said it will cut the level of deposits that banks have to keep with it by 50 basis points for some lenders, a move aimed at freeing up more cash for loans to bolster flagging economic growth - PHOTO: REUTERS [BEIJING] China's central bank said it will cut the level of deposits that banks have to keep with it by 50 basis points for some lenders, a move aimed at freeing up more cash for loans to bolster flagging economic growth. The People's Bank of China said in a statement on its website that the reduction would be effective from June 16, and will apply to banks whose new loans to the farm sector last year exceeded 50 per cent of total new lending for 2014. It is also a requirement that outstanding loans to the farming sector exceeds 30 per cent of total outstanding loans. The central bank said in a short statement that current liquidity in China's banking system was ample, and that the direction of the country's monetary policy had not changed. Banks' reserve requirements are neither uniform or transparent in China. Smaller banks tend to have lower RRRs than major banks, which had an RRR of 20 per cent in 2012. - Reuters
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Lucky03 Elite	10-Jun-2014 06:55        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	PUBLISHED JUNE 10, 2014 Japan revises Q1 growth to annualised 6.7% The rise is mainly due to a surge in private capital spending by 7.6% BYANTHONY ROWLEYIN TOKYOPRINT |EMAIL THIS ARTICLE The strong growth - the fastest in more than two years - was mainly due to a surge in private capital spending which jumped by 7.6 per cent rather than the initially estimated 4.9 per cent - PHOTO: AFP THE Japanese economy grew much faster in the first quarter of this year than initially estimated, according to revised official data released yesterday, which showed that gross domestic product (GDP) rose at an annualised rate of 6.7 per cent in the period rather than the 5.9 per cent previously reported. The strong growth - the fastest in more than two years - was mainly due to a surge in private capital spending which jumped by 7.6 per cent rather than the initially estimated 4.9 per cent. This, analysts said, augured well for continuing growth in the world's third-largest economy "We were able to achieve an economic growth rate that we haven't heard of recently," Japanese Prime Minister Shinzo Abe told Parliament yesterday after publication of the GDP data by the Ministry of Finance News of stronger-than-expected private capital spending was of particular welcome for Mr Abe, who has staked his political fortune on reviving the economy and ridding it of deflation. While the surge in industrial output and consumer spending in the first quarter of this year was forecast in advance of the hike in the national sales tax from April 1, economists had not expected capital investment to rise correspondingly, given fears of a sales slump after the tax hike. "Companies don't tend to ramp up spending ahead of the sales tax hike, so the increase likely reflects improvements in corporate profits and diminishing slack" in the economy, Mitsumaru Kumagai, chief economist at Daiwa Institute of Research, told Reuters. Separate data published yesterday showed that consumer confidence rose for the first time in six months in May, suggesting that a generally expected post tax-hike fall-off in personal consumption and industrial output may prove less severe than feared. Service sector sentiment also edged up. Meanwhile, bank lending rose 2.3 per cent in May from a year earlier, rising for the 31st consecutive month and growing at a faster pace than 2.1 per cent in April, Bank of Japan (BOJ) data showed yesterday. The latest statistics on the economy suggest that the inevitable fall-off in output and sales that will follow the consumption tax rise may not prove as serious as feared, analysts said. The quasi-government Japan Center for Economic Research said last week that GDP is estimated to contract 4.2 per cent in the second quarter, on the basis of projections by some 40 private-sector economists. In comments to Parliament reported by Reuters yesterday, BOJ deputy governor Kikuo Iwata said that he expected exports to turn up as advanced nations recover. "The Japanese economy will continue growth above its potential rate as a trend as exports turn up and domestic demand remains firm," Mr Iwata said, adding that the economy was on track to meet the BOJ's 2 per cent annual inflation target. On the negative side, Japan suffered its biggest trade deficit ever in April as imports of fuel and electronics parts outpaced shipments of cars, leading to a smaller-than-expected current account surplus, the Ministry of Finance reported. The trade deficit stood at 780.4 billion yen (S$9.53 billion) in April, up 10.2 per cent from a year earlier. The current account came to a surplus of 187.4 billion yen, undershooting a median forecast for 322.5 billion yen as trade shortfalls widened and income gains narrowed.
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Lucky03 Elite	10-Jun-2014 00:20        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not to forget that India is experiencing euphoria now with the new PM Modi on board while Indonesia is enjoying robust export growth and Philippine is also witnessing strong recovery. Even Spore is terminal is seeing strong growth in cargo traffic at PSA terminal. I may be overly optimistic but I believe they are facts which can be read on mass media. NOL is really hopeless if they can't turn around soon after 3 years of aggressive cost cutting and reorganization plus the setup of G6. Anyway, if they can't make it on their own, then they will be better off letting others take over them and do the job. Lucky03      ( Date: 10-Jun-2014 00:15) Posted: We see US economy continue to stay stronger with sign of going stronger promoting FED to review QE program and possibly raising interest rate next year while Europe is seeing sign of recovery albeit fragile that promoted them to lower interest rates further and considering similar to QE type of Programme. Japan is stabilizing and emerging from decade old recession and deflation. China is struggling to find its footing while hovering around 7.4% - 7.6% growth rate. While the govt is acting tough to say that's good enough, that's obviously not true an hence there are early signs that they are taking measures to revive the growth engine. If they succeed without stroking inflation, we will have all pistons of the global engine firing in concert ! PUBLISHED JUNE 09, 2014 China c.bank cuts banks' reserve requirement ratio by 50 bps PRINT |EMAIL THIS ARTICLE China's central bank said it will cut the level of deposits that banks have to keep with it by 50 basis points for some lenders, a move aimed at freeing up more cash for loans to bolster flagging economic growth - PHOTO: REUTERS [BEIJING] China's central bank said it will cut the level of deposits that banks have to keep with it by 50 basis points for some lenders, a move aimed at freeing up more cash for loans to bolster flagging economic growth. The People's Bank of China said in a statement on its website that the reduction would be effective from June 16, and will apply to banks whose new loans to the farm sector last year exceeded 50 per cent of total new lending for 2014. It is also a requirement that outstanding loans to the farming sector exceeds 30 per cent of total outstanding loans. The central bank said in a short statement that current liquidity in China's banking system was ample, and that the direction of the country's monetary policy had not changed. Banks' reserve requirements are neither uniform or transparent in China. Smaller banks tend to have lower RRRs than major banks, which had an RRR of 20 per cent in 2012. - Reuters
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Lucky03 Elite	10-Jun-2014 00:15        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	We see US economy continue to stay stronger with sign of going stronger promoting FED to review QE program and possibly raising interest rate next year while Europe is seeing sign of recovery albeit fragile that promoted them to lower interest rates further and considering similar to QE type of Programme. Japan is stabilizing and emerging from decade old recession and deflation. China is struggling to find its footing while hovering around 7.4% - 7.6% growth rate. While the govt is acting tough to say that's good enough, that's obviously not true an hence there are early signs that they are taking measures to revive the growth engine. If they succeed without stroking inflation, we will have all pistons of the global engine firing in concert ! PUBLISHED JUNE 09, 2014 China c.bank cuts banks' reserve requirement ratio by 50 bps PRINT |EMAIL THIS ARTICLE China's central bank said it will cut the level of deposits that banks have to keep with it by 50 basis points for some lenders, a move aimed at freeing up more cash for loans to bolster flagging economic growth - PHOTO: REUTERS [BEIJING] China's central bank said it will cut the level of deposits that banks have to keep with it by 50 basis points for some lenders, a move aimed at freeing up more cash for loans to bolster flagging economic growth. The People's Bank of China said in a statement on its website that the reduction would be effective from June 16, and will apply to banks whose new loans to the farm sector last year exceeded 50 per cent of total new lending for 2014. It is also a requirement that outstanding loans to the farming sector exceeds 30 per cent of total outstanding loans. The central bank said in a short statement that current liquidity in China's banking system was ample, and that the direction of the country's monetary policy had not changed. Banks' reserve requirements are neither uniform or transparent in China. Smaller banks tend to have lower RRRs than major banks, which had an RRR of 20 per cent in 2012. - Reuters
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Lucky03 Elite	09-Jun-2014 22:56        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pardon my grammar :) Lucky03      ( Date: 09-Jun-2014 22:52) Posted: I bought into IPCO at ave price of 0.9c but cut loss recently at 0.8c when it did not seem to go anywhere. As it shot up today, I reflected why I bought into IPCO in the first place. Was it be doing much better suddenly or had it turned around ? No. I was buying into IPCO purely because my view then was that it has gone significantly below 'fair value' and the potential for upside can be highly rewarding. Of course its price movement has much to do with the meteoric 45% rise of Blumont price today. Well, I failed to stick to my original plan. I stuck to my plan when I bought and held Hankore for almost a year when it shot up from 3c+ to 7c+ when I let go. It was 'fair value' by then as far as I'm concerned. Of course, it continued to surge to high of 15c ! Well, I'm buying into NOL for same argument. Is NOL suddenly turning around ? I doubt and earlybird14 assessment that NOL and G6 may never be able to catch up with P3. The point is that is has gone significantly below 'fair value' and the potential for upside can be very rewarding vis a vis its downside risk when the time is right. I started buying into NOL around Aug last year. 3 more mths to hit my 1 year anniversary ? :) The point here is that share price is not always a reflection of the performance of a company. It is the perceived future value of the underlying potential. It is a balance of upside potential vs downside risk. When the balance is tilted to the favour of the underlying potential, it is good to buy in. No guaranteed of holding period or unforeseen development that may drag it much lower but it should have low risk of going totally belly up. Anyway, this will always be my personal opinion and my personal risk appetite. Everyone should have your own build up over time and experience.
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Lucky03 Elite	09-Jun-2014 22:52        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I bought into IPCO at ave price of 0.9c but cut loss recently at 0.8c when it did not seem to go anywhere. As it shot up today, I reflected why I bought into IPCO in the first place. Was it be doing much better suddenly or had it turned around ? No. I was buying into IPCO purely because my view then was that it has gone significantly below 'fair value' and the potential for upside can be highly rewarding. Of course its price movement has much to do with the meteoric 45% rise of Blumont price today. Well, I failed to stick to my original plan. I stuck to my plan when I bought and held Hankore for almost a year when it shot up from 3c+ to 7c+ when I let go. It was 'fair value' by then as far as I'm concerned. Of course, it continued to surge to high of 15c ! Well, I'm buying into NOL for same argument. Is NOL suddenly turning around ? I doubt and earlybird14 assessment that NOL and G6 may never be able to catch up with P3. The point is that is has gone significantly below 'fair value' and the potential for upside can be very rewarding vis a vis its downside risk when the time is right. I started buying into NOL around Aug last year. 3 more mths to hit my 1 year anniversary ? :) The point here is that share price is not always a reflection of the performance of a company. It is the perceived future value of the underlying potential. It is a balance of upside potential vs downside risk. When the balance is tilted to the favour of the underlying potential, it is good to buy in. No guaranteed of holding period or unforeseen development that may drag it much lower but it should have low risk of going totally belly up. Anyway, this will always be my personal opinion and my personal risk appetite. Everyone should have your own build up over time and experience.
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famouspinky Supreme	09-Jun-2014 19:16        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sti as a whole/sg economy is under perform. earlybird14      ( Date: 09-Jun-2014 16:22) Posted: Yes, this is the purpose that i post here. I am not shorting or buying NOL, just contribute my previous research on NOL to whoever need it. Anyway, all the best to whoever vested, I can understand how hard to accept the fact that the invested stock go under water. hem2998      ( Date: 09-Jun-2014 15:25) Posted: negative and positive views help us make a proper decision. appreciate both your views.
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earlybird14 Supreme	09-Jun-2014 16:22        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Yes, this is the purpose that i post here. I am not shorting or buying NOL, just contribute my previous research on NOL to whoever need it. Anyway, all the best to whoever vested, I can understand how hard to accept the fact that the invested stock go under water. hem2998      ( Date: 09-Jun-2014 15:25) Posted: negative and positive views help us make a proper decision. appreciate both your views. earlybird14      ( Date: 09-Jun-2014 15:10) Posted: sng123 is knowledgeable. I just posted negative view which holders are not  willing to know and. But it is to let new comers to think twice if they want to move in.
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hem2998 Veteran	09-Jun-2014 15:25        hem2998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	negative and positive views help us make a proper decision. appreciate both your views. earlybird14      ( Date: 09-Jun-2014 15:10) Posted: sng123 is knowledgeable. I just posted negative view which holders are not  willing to know and. But it is to let new comers to think twice if they want to move in. hem2998      ( Date: 09-Jun-2014 14:51) Posted: hi earlybird, you sound very knowledgeable and dn wish to dispute how badly run NOL is. my only hope for NOL is M& A since its a Temasek company. -- nothing else.
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earlybird14 Supreme	09-Jun-2014 15:10        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	sng123 is knowledgeable. I just posted negative view which holders are not  willing to know and. But it is to let new comers to think twice if they want to move in. hem2998      ( Date: 09-Jun-2014 14:51) Posted: hi earlybird, you sound very knowledgeable and dn wish to dispute how badly run NOL is. my only hope for NOL is M& A since its a Temasek company. -- nothing else.   earlybird14      ( Date: 09-Jun-2014 14:42) Posted: Holders can hope whatever they wants. However, fact is NOL is positioned very bad in the industry. They can only adopt the plan which P3 had been adopted few years ago like order giant vessels. However, the further cost cutting plan implemented by P3 is not NOL can follow. NYK(2.7%), Hapag-Lloyd(4.2%) and OOCL(2.8%) (from the TGA) and APL(3.2%), HMM(2.1%) and MOL (3.1%) so called G6 only owned 18.1% market share. All are lossing money and always only chase behind P3, no matter on rate hiking or new strategy implementation.
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heisuke Member	09-Jun-2014 14:58        heisuke About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	+1% now. trying inch up?
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hem2998 Veteran	09-Jun-2014 14:51        hem2998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hi earlybird, you sound very knowledgeable and dn wish to dispute how badly run NOL is. my only hope for NOL is M& A since its a Temasek company. -- nothing else.   earlybird14      ( Date: 09-Jun-2014 14:42) Posted: Holders can hope whatever they wants. However, fact is NOL is positioned very bad in the industry. They can only adopt the plan which P3 had been adopted few years ago like order giant vessels. However, the further cost cutting plan implemented by P3 is not NOL can follow. NYK(2.7%), Hapag-Lloyd(4.2%) and OOCL(2.8%) (from the TGA) and APL(3.2%), HMM(2.1%) and MOL (3.1%) so called G6 only owned 18.1% market share. All are lossing money and always only chase behind P3, no matter on rate hiking or new strategy implementation. Lucky03      ( Date: 09-Jun-2014 10:30) Posted: Maybe the only option for NOL is to do an M&A then.
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earlybird14 Supreme	09-Jun-2014 14:42        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Holders can hope whatever they wants. However, fact is NOL is positioned very bad in the industry. They can only adopt the plan which P3 had been adopted few years ago like order giant vessels. However, the further cost cutting plan implemented by P3 is not NOL can follow. NYK(2.7%), Hapag-Lloyd(4.2%) and OOCL(2.8%) (from the TGA) and APL(3.2%), HMM(2.1%) and MOL (3.1%) so called G6 only owned 18.1% market share. All are lossing money and always only chase behind P3, no matter on rate hiking or new strategy implementation. Lucky03      ( Date: 09-Jun-2014 10:30) Posted: Maybe the only option for NOL is to do an M&A then. earlybird14      ( Date: 09-Jun-2014 10:28) Posted: P3, total shipping volume are 40% of the market. Order book of new vessels keep growing. G6 can' t do anything on the 3 giants. The more profit the P3 can bring in, the more vessels they are going to order.
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Lucky03 Elite	09-Jun-2014 10:30        Lucky03 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe the only option for NOL is to do an M&A then. earlybird14      ( Date: 09-Jun-2014 10:28) Posted: P3, total shipping volume are 40% of the market. Order book of new vessels keep growing. G6 can' t do anything on the 3 giants. The more profit the P3 can bring in, the more vessels they are going to order. Lucky03      ( Date: 08-Jun-2014 23:12) Posted: WORLD SHIPPING Maersk the Big Winner as Giant Shipping Alliance Approaches Liftoff Cost control is paramount particularly in any business where the goods and services on offer are commodities or the industry so fragmented that owners have little pricing power. This is doubly so if the business is also capital intensive so sweating assets as hard as possible is essential for survival, let alone generating returns, through one business cycle and into another. Saturday, 07.Jun.2014, 19:02 (GMT) Cost control is paramount particularly in any business where the goods and services on offer are commodities or the industry so fragmented that owners have little pricing power. This is doubly so if the business is also capital intensive so sweating assets as hard as possible is essential for survival, let alone generating returns, through one business cycle and into another. Container shipping is just such a case, hence the significance for A.P. Moeller MaerskMAERSK-B.KO +0.07% of regulatory approval for P3, a giant shipping alliance between the Danish group?s Maersk Line unit, France?s CMA CGM, and Swiss-based Mediterranean Shipping Co. Chinese regulators are poised to give the green light to the tie-up between the world?s three biggest container operators this month, according to people familiar with the matter. The alliance got the nod from regulators in the U.S. a few months ago while the Europe regulator said it had no objections Wednesday. P3 is set to start operations this fall, just a few months later than originally expected. Maersk expects to save nearly $1 billion a year from sharing facilities and vessels with its partners on routes between Asia and Europe in combination with the entry into service of its new Triple-E cargo ships, the largest and most efficient ships of their kind which are capable of transporting up to 18,000 containers each. In doing so, the shipping group would entrench its position as the leader in an industry grappling with low freight rates, amid sluggish growth in global trade, as well as high fuel costs. ?Maersk Line?s [operating profit] margin gap versus peers [rose] to 9.1 percentage points in the first quarter 2014, bolstering its ability to produce good returns while competitors break even or remain loss-making,? said Robert Joynson, an analyst at Macquarie in a recent note to clients. The P3 plan has already led to change in the industry. German container shipper Hapag-Lloyd AG and its Chilean peer Compania Sud Americana de Vapores SAVAPORES.SN -0.04% completed their merger to create the world?s fourth-largest container-shipping company in terms of capacity in April, bulking up on America-Europe routes where P3 won?t operate. More change may be on its way. ?You just can?t compete with the capacity and network efficiencies of the P3,? the owner of a small Greek container-shipping firm said, speaking on condition of anonymity. ?You have to buy bigger ships and combine your capacity with someone else to stay in the business, at least in the Europe-Asia trade.? Source: Wall Street Journal Read: 109 Times- Maersk, the Big Winner, Giant Shipping Alliance, -
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