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6401-6420 of 6569
wait and see the news.
wait and see signal confirmation for trend.
let Mr.Market show us the way.
At what price do you suggest the best price. Last year due to Europe problem Cosco went down to about 0.80+cts.
I am looking at 0.88cts to go in further. At the moment holding at 1.03
shadowmoon ( Date: 09-May-2012 21:54) Posted:
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will buy, but not so soon. Let it drop more more first.
Cheers
Hawkeye ( Date: 08-May-2012 21:59) Posted:
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Many sell call on this counter
Sporeguy ( Date: 09-May-2012 15:56) Posted:
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Highlights:
•
turnover of $978.7m against the backdrop of a difficult business
environment in Q1 2012.
Group achieved net profit attributable to equity holders of $27.8m on•
revenues.
Group turnover fell 3.2% on declines in shipyard and dry bulk shipping•
mainly to lower revenue contributions from ship repair and ship building
projects.
Turnover from shipyard operations decreased 2.5% to $965.9m due•
$12.8m due to lower charter-hire rates.
Turnover from dry bulk shipping and other businesses dropped 37.6% to•
$27.8m on lower profit contributions from dry bulk shipping and shipyard
operations.
Net profit attributable to equity holders of the Company slipped 25.0% to•
ship building and offshore marine engineering sectors, and efficient
deliveries and yard upgrades.
1Q 2012 Results: Financial Quarter ended 31 March 2012
1Qsdd 2012 1Q 201Q201211 Chg
1Q2012 1Q2011
S$’000 S$’000
%Turnover
978,723 1,010,672 -3Gross Profit
98,806 112,042 -12Pre-tax profit
63,536 75,885 -16Net profit
27,827 37,087 -25Diluted EPS (cts) 1.24 1.66 -25
Cosco fundamentally compare with the rest of shipping companies still very strong. Still making good profit at difficult times.
Good order books till 2014. Expect strong support level at 0.93. accumulating and waiting for next wave.
| sgnewbie ( Date: 09-May-2012 09:20) Posted: |
Cosco 1Q12 result not bad at this time of difficult.
EPS of 1.73 (if continue - expect to be better for 2Q12 since BDI had increased by about 30% - expect a EPS of about 6.8 to 7 cts better than 2011)
means next year dividend 3 cts no problem again.
BUY on dip.
shadowmoon ( Date: 08-May-2012 20:16) Posted:
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Today Cosco release of 1Q12 financial result after trading hours.
Expect to be worst than 1Q11 due to bulk shipping low rates.
Shout Cheong before it cheong.... So got time to enter..... lol