COSCO SHP SG    Last:0.116   -

CoscoCorp

thats because Kim Eng is not a share holder.

Cosco did not pay Kim Eng to write. Anyway Kim Eng analysis is bias from the content.

sgnewbie      ( Date: 15-Mar-2012 09:10) Posted: Kim Eng on Cosco http://sg-shares.blogspot.com/2012/03/cosco-corp.html

 

Kim Eng on Cosco

http://sg-shares.blogspot.com/2012/03/cosco-corp.html 

 

BDI Uptrend, giving more hope on freight increase.

12 March 2012

Baltic Dry Index (BDI)      +13     837
Rates

		BCI	(Cape index)	BPI	(Panamax index)	BSI	(Supramax index)
INDEX		1496	-7	912	+23	882	+18
SPOT 4 TCE AVG	(USD)	5718	-68	7309	+180	9223	+188
YESTERDAY	(USD)	5786		7129		9035
YEAR AGO	(USD)	10845		17070		16034

 

Baltic Dry Index continue uptrend - Cosco will move up (Keep finger crossed)

09 March 2012

Baltic Dry Index (BDI)      +12     824
Rates

		BCI	(Cape index)	BPI	(Panamax index)	BSI	(Supramax index)
INDEX		1503	-3	889	+16	864	+23
SPOT 4 TCE AVG	(USD)	5786	-36	7129	+123	9035	+246
YESTERDAY	(USD)	5822		7006		8789
YEAR AGO	(USD)	11038		17115		15985

Hawkeye      ( Date: 10-Mar-2012 10:59) Posted: COSCO eyes " better box" COSCO chairman Wei Jiafu believes container shipping to fare better in 2012. Wei told the TPM 2012 conference that the global container market would fare better this year because of the consistent growth of US and China economies. However, he warned the market rise would accompanied by fluctuations. With many container lines plunging steeply into the red in 2011 due to low freight rates Wei called on both lines and shippers to restore reasonable freight rate levels. Published : March 9, 2012

 

COSCO eyes " better box"

COSCO chairman Wei Jiafu believes container shipping to fare better in 2012. Wei told the TPM 2012 conference that the global container market would fare better this year because of the consistent growth of US and China economies. However, he warned the market rise would accompanied by fluctuations. With many container lines plunging steeply into the red in 2011 due to low freight rates Wei called on both lines and shippers to restore reasonable freight rate levels. Published : March 9, 2012

 

Cosco looks cheaper, and getting some attention today.

Trading in thight band 1.155-1.16-1.165

colin_twiggs      ( Date: 06-Mar-2012 13:29) Posted: The Cosco correction is testing the band of support between 1.10 and 1.15. Respect would present a buying opportunity -- especially if Twiggs Money Flow holds above zero and 63-day Momentum rises above zero -- while failure of support would indicate a larger-scale correction to test primary support at 0.85.

 

The Cosco correction is testing the band of support between 1.10 and 1.15. Respect would present a buying opportunity -- especially if Twiggs Money Flow holds above zero and 63-day Momentum rises above zero -- while failure of support would indicate a larger-scale correction to test primary support at 0.85.

 

 

Still doesn't go up, seems like  been pushing down..NOL already cheong.. when is cosco turn..

 

Cosco’s new orders to yield low to mid-single digit gross margins

  Excluding the four options, the new contract will lift Cosco’s YTD new orders to US$305m.

  According to DBS, Cosco has secured seven bulk carrier contracts and options worth US$190m in aggregate from two European companies comprising:

  1) One unit of 35k dwt handysize vessel to be delivered in 1Q13.
  2) Two units of 64k dwt handymax vessels and four options for similar vessels with eco-friendly and fuelefficient designs. The two contracts are still pending board’s approval and delivery is scheduled in 1Q-2Q14. The delivery for the vessels under options will be 18 months after the contracts are effective.

  Here’s more from DBS:

Contract pricing in line with market. We estimate contract values for the 35k dwt handysize and 64k dwt handymax vessels at about US$22m and US$28m respectively, largely in line with the market. Based Cosco’s current cost structure and efficiency level, these vessels could probably yield low to mid-single digit gross margins.

YTD wins lifted to US$305m. Excluding the four options, the new contract will lift Cosco’s YTD new orders to US$305m, representing 15% of our assumption. Recall that Cosco secured piplelay vessel contracts from SapuraCrest worth US$227m in Jan.

Maintain FULLY VALUED and TP of 88cents, implying PE of 14.7x on FY12F earnings. Poor earnings visibility and steep learning curve will add pressure to share price performance. Upside risks are potential asset injections from the parent, earnings turnaround, recovery of newbuild prices and orders. 

 

Cosco [F83] potential breakout: Expect short-term support at $1.20 medium-term at $1.10.

 

 

 

Cosco wins six contracts worth more than $238m

Cosco Corporation (Singapore) says its units it has secured contracts for seven bulk carriers worth more than US$190 million ($238 million).

Cosco (Guangdong) Shipyard Co won a contract from a European company to build a bulk carrier of 35,000 dwt to be delivered in the first quarter of 2013.

Cosco (Zhoushan) Shipyard won two contracts with option for four more contracts from another European company to build six units of 64,000 dwt bulk carriers with eco-friendly and fuel-efficient designs.

 

cosco CHeong ahhhhhhhhhhhhhhhh :)

 

Initial target for Cosco is $1.50. Calculated as 1.30 + (1.30 - 1.10).

Some of the other potential breakouts are also starting to lift.

 

no la... no time to punt informatics.... i only like to shout and disturb :) so many stocks in sti, shiok!!! hoot ahh... wah cosco cheonging! :) CNA - kana monitored, u want to keep your pants and underwear dont anyhow tok over there :)

 

coocoobond3 you still actrive in CNA forum ? :)

You any how any how one...:)

See that now you punting on Informatics :)

Cumming soon ?

coocoobond3      ( Date: 29-Feb-2012 12:29) Posted: wah kaao....... hoong kan liao lor......... haha :)

 

wah kaao....... hoong kan liao lor......... haha :)

 

  DBS Vickers just release this report this morning. See for infos.

-----------------------------------------------------------------


Cosco Corporation: FULLY VALUED S$1.18 Bloomberg Code: COS SP Secures dry bulk orders Price Target : 12-month S$ 0.88 (Prev S$ 0.88)

 

sti all stocks cheong ahhhhhhhhhhhhhhhhhhhhhhhhhhh cheong ahhhhhhhhhhhhhhhhhhhhhhhhhh ho ho ho... happy today can go drink kopi later :)

 

sold my cosco... thanks so much for the kopi$$$ haha :)

 

Broken out. Fly Cosco Fly!

colin_twiggs      ( Date: 28-Feb-2012 11:37) Posted: I still can't figure out how to link forum threads/topics, but here is the daily chart of Cosco -- identified as a potential breakout.   Respect of support at $1.10 would confirm the primary up-trend. Especially if 63-day Twiggs Momentum recovers above zero.