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easywin ( Date: 07-Apr-2021 13:12) Posted:
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One day show....tomorrow no volume slowly drift down....
How often do you see Cosco with a 100 mil volume. This is similar to sembcorp marine first moves.
The shorts are going to pay a heavy price later today.
any pullback is a buying opportunity
easywin ( Date: 07-Apr-2021 13:12) Posted:
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0.40 by 5pm
Hit $0.345. Still a lot of meat for every tom, dick or longist.
Deng' s mouse is ruthless.
but dyohwadfb
Lobster ( Date: 07-Apr-2021 10:36) Posted:
Breakthrough price today. More to come.I don' t want to talk about the hidden views yet. Immediate task is to instal it to its rightful position. This is the most mistreated stock.
Lobster ( Date: 05-Apr-2021 15:07) Posted:
Hit 0.305 today. Of all the Chinese stocks this one got the most potential to double up.
0.50 in the near future is no problem. Staking my head on this. |
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50 cts possible............
Enjoy the fascination as the one, two millions is up for sales, they are being swallowed up as the fat cat races to be top volume. Rumors of a m& a, but I haven' t hear seriously of it to take it seriously.
Breakthrough price today. More to come.I don' t want to talk about the hidden views yet. Immediate task is to instal it to its rightful position. This is the most mistreated stock.
Lobster ( Date: 05-Apr-2021 15:07) Posted:
Hit 0.305 today. Of all the Chinese stocks this one got the most potential to double up.
0.50 in the near future is no problem. Staking my head on this. |
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:)
SmallSmall ( Date: 07-Apr-2021 09:46) Posted:
If Sembmarine can move, this one also can
SmallSmall ( Date: 07-Apr-2021 09:38) Posted:
| This one has finally reversed and is on an uptrend move .... |
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cosco hk (1919.hk) reported making cny 170M per day, the share price in hk jumps over 23%
dunno how this piece of news affecting sg cosco
If Sembmarine can move, this one also can
SmallSmall ( Date: 07-Apr-2021 09:38) Posted:
| This one has finally reversed and is on an uptrend move .... |
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This one has finally reversed and is on an uptrend move ....
Hit 0.305 today. Of all the Chinese stocks this one got the most potential to double up.
0.50 in the near future is no problem. Staking my head on this.
breakout... looking at 38-40c, likely to follow yzj up
Should be good> > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > >
Singapore port faces container congestion amid surge in vessel calls
in
Port News 02/03/2021
Container vessels planning to berth at Singapore port are now facing longer wait times, market sources said, with one source estimating that this has grown to five to seven days from a maximum of two days to turn around an 18,000 TEU vessel.
&ldquo There is a lot of port congestion in Singapore, which is one of the biggest factors,&rdquo a freight-forwarder based in Singapore said. Vessels calling at Singapore have not departed on time since September, the freight-forwardersaid.
According to PSA International, Singapore has been experiencing an increase in activity.
&ldquo Like many other ports across the world, PSA Singapore has been experiencing a surge in vessel calls and container volumes in recent months,&rdquo a PSA corporate spokesperson said. &ldquo This exceptional situation is due to a confluence of factors, including an unprecedented and volatile surge in cargo demand, congestion across all nodes in the global supply chain (including depots, warehouses and seaports) due to renewed lockdowns, a lack of usable empty containers while laden ones are held up longer at these nodes, and shipping lines&rsquo vessel sailing schedule reliability dropping to 10-year historical lows, causing further delays at almost every seaport worldwide.&rdquo
PSA said that PSA Singapore has been ramping up additional capacity and resources &ldquo and is working closely with shipping line customers and cargo owners to alleviate the situation.&rdquo
The number of vessels staying at Singapore port for more than two days in January, averaged 46 per day, about 59% higher than January 2020, according to data from S& P Global Platts trade flow software cFlow.
not bad at all
Ok ✅
Joelton ( Date: 02-Mar-2021 09:24) Posted:
Cosco Shipping International reports 13 per cent increase in net profit for FY20
COSCO Shipping International' s net profit rose 13 per cent year-on-year to S$8.33 million in FY2020, boosted by government grants as well as contributions from newly acquired subsidiaries in Malaysia.
Revenue was 8 per cent higher at S$185.84 million on the back of revenue contributions from the subsidiaries in Malaysia as well as revenue from its increased fleet of bulk carriers that the group had chartered in FY20.
Meanwhile, earnings per share worked out to 0.37 Singapore cent in FY20, up from 0.33 cent in the prior year.
For the year under review, gross profit fell by 25 per cent to S$30.06 million due to lower rental revenue as a result of rental waivers as well as lower gross margins.
Other income swelled from S$1.42 million to S$13.26 million, largely due to grants from the Singapore government as part of the support measures to fight the pandemic.
In an update on its proposed plans to lease land in Port Klang to build a 300,000 square foot warehouse, Cosco said it is facing delays due to the state of emergency declared in Malaysia.
Meanwhile, it has obtained a partial temporary occupation permit for the first three stories of its Jurong Island Chemical Logistics Facility. The construction of the other parts of the facility are expected to be completed in the first half of this year, Cosco added.
The company highlighted that it aims to expand its logistics network in South and South-east Asia via acquisitions and investments. It also expects to be able to leverage on its holding company, China Cosco Shipping Corporation, to potentially secure new business opportunities in the logistics space in South and South-east Asia.
Cosco said: " With the evolving situation surrounding the pandemic, there is still a high level of uncertainty in terms of the length and depth of its economic impact on the company' s financial performance in the next 12 months. The company will continue to monitor the evolving situation and place focus on enhancing stakeholders' value."
No dividend was proposed for the current financial period, as was the case in FY19.
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Cosco Shipping International reports 13 per cent increase in net profit for FY20
COSCO Shipping International' s net profit rose 13 per cent year-on-year to S$8.33 million in FY2020, boosted by government grants as well as contributions from newly acquired subsidiaries in Malaysia.
Revenue was 8 per cent higher at S$185.84 million on the back of revenue contributions from the subsidiaries in Malaysia as well as revenue from its increased fleet of bulk carriers that the group had chartered in FY20.
Meanwhile, earnings per share worked out to 0.37 Singapore cent in FY20, up from 0.33 cent in the prior year.
For the year under review, gross profit fell by 25 per cent to S$30.06 million due to lower rental revenue as a result of rental waivers as well as lower gross margins.
Other income swelled from S$1.42 million to S$13.26 million, largely due to grants from the Singapore government as part of the support measures to fight the pandemic.
In an update on its proposed plans to lease land in Port Klang to build a 300,000 square foot warehouse, Cosco said it is facing delays due to the state of emergency declared in Malaysia.
Meanwhile, it has obtained a partial temporary occupation permit for the first three stories of its Jurong Island Chemical Logistics Facility. The construction of the other parts of the facility are expected to be completed in the first half of this year, Cosco added.
The company highlighted that it aims to expand its logistics network in South and South-east Asia via acquisitions and investments. It also expects to be able to leverage on its holding company, China Cosco Shipping Corporation, to potentially secure new business opportunities in the logistics space in South and South-east Asia.
Cosco said: " With the evolving situation surrounding the pandemic, there is still a high level of uncertainty in terms of the length and depth of its economic impact on the company' s financial performance in the next 12 months. The company will continue to monitor the evolving situation and place focus on enhancing stakeholders' value."
No dividend was proposed for the current financial period, as was the case in FY19.
A small increase in Gross profit mainly due to Gov Grant... how huh? is it considered good or bad news? lol before covid this counter was in the 33 to 36 cents ... Fingers crossed!
