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Post by zuolun on Sept 19, 2014 16:43:12 GMT 7
zuolun bro, do you forsee any action in your crystal ball for Neptune King's ship NOL? many thanks for your insights and timely updates thanks and have a great weekend odie, Bet. Ng Yat Chung and Desmond Kuek, who is more handsome? If both are equally handsome then I believe NOL should have the same corporate action in the near future; similar to SMRT, as both are GLCs. Trains and ships are big businesses; you need time + a lot of patience to wait for these 2 handsome CEOs to effect a turnaround and make a profit. Interview with Ng Yat Chung, CEO of Neptune Orient Lines — 25 Mar 2013 SMRT CEO Desmond Kuek gave SMRT a "B" grade in reliability and availability — 14 Feb 2013
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NOL
Sept 19, 2014 20:12:25 GMT 7
zuolun likes this
Post by odie on Sept 19, 2014 20:12:25 GMT 7
Zuolun bro,
currently desmond looks more yan tao LOL
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Post by zuolun on Oct 1, 2014 11:14:26 GMT 7
NOL closed with a long tail hammer at 1.020 there is a gap at 98 cts to 99 cts NOL is a longterm contrarian play betting that the government will use taxpayers money to save a sinking ship. Since the critical support @ S$0.94 is broken, it means the short-term dead cat bounce is done (no triple bottom), expect more downside. NOL — Bearish Island Top BreakoutNOL gapped down with a hammer @ S$0.91 (-0.02, -2.2%) with 1.43m shares done on 1 Oct 2014 at 12 noon. Immediate support @ S$0.905, next support @ S$0.88, immediate resistance @ S$0.93.
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NOL
Oct 1, 2014 12:46:00 GMT 7
via mobile
zuolun likes this
Post by odie on Oct 1, 2014 12:46:00 GMT 7
Thanks bro z for update
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Post by zuolun on Oct 1, 2014 15:47:08 GMT 7
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Post by odie on Oct 1, 2014 22:01:44 GMT 7
zuolun bro, there is a gap at 93 to 92 留得青山在,不怕没柴烧
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Post by zuolun on Oct 1, 2014 23:10:20 GMT 7
zuolun bro, there is a gap at 93 to 92 留得青山在,不怕没柴烧 odie, The gap between S$0.92 to S$0.93 coupled with the confluence of the 20d, 50d and 100d SMA + a bearish bollinger bands breakout all pointing to extremely strong selling pressure on NOL. Expect another round of climatic sell-off once a 3rd dead cross occurs, i.e. the 50d SMA crosses below the 200d SMA. NOL — Bearish Island Top BreakoutNOL gapped down and closed at day's low @ S$0.905 (-0.025, -2.7%) with 4.28m shares done on 1 Oct 2014. Immediate support @ S$0.88, next support @ S$0.865, strong resistance @ S$0.93.
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Post by zuolun on Oct 22, 2014 13:29:40 GMT 7
The confluence of the 20d, 50d and 100d SMA + a bearish bollinger bands breakout all pointing to extremely strong selling pressure on NOL. Expect another round of climatic sell-off once a 3rd dead cross occurs, i.e. the 50d SMA crosses below the 200d SMA. NOL — A "Waterfall Decline" chart pattern, Interim TP S$0.76NOL closed unchanged with a doji @ S$0.825 with 1.5m shares done on 21 Oct 2014. Immediate support @ S$0.78, immediate resistance @ S$0.845. NOL (weekly) — Jan 2013 to 21 Oct 2014
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NOL
Nov 1, 2014 8:56:49 GMT 7
oldman likes this
Post by odie on Nov 1, 2014 8:56:49 GMT 7
NOL said to invite bids for APL Logistics unit By Bloomberg / Bloomberg | October 29, 2014 : 9:20 PM MYT
SINGAPORE (Oct 29) -- Neptune Orient Lines ( Financial Dashboard), Southeast Asia’s biggest container line, has asked for offers for its APL Logistics unit in a sale that could fetch at least US$1 billion, people with knowledge of the matter said.
The company has sent sale documents to potential buyers and asked for first-round bids by the end of November, the people said, asking not to be named as the process is private.
Neptune Orient is forecast to post a fourth straight annual loss this year as slowing economic growth and excess capacity depress shipping rates. In the past two years, it has sold some vessels and its Singapore headquarters building to cut costs.
Neptune Orient announced in August it is considering options for APL Logistics, including a sale or initial public offering. The unit accounted for 18% of sales last year.
There hasn’t been any material development on the review and there’s no assurance any deal will be concluded, Neptune Orient said today in an e-mailed response to Bloomberg.
CJ Korea Express Co., the country’s biggest courier delivery company, said this month it is considering an acquisition of APL Logistics.
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Post by zuolun on Nov 1, 2014 11:43:17 GMT 7
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NOL
Nov 1, 2014 12:15:19 GMT 7
Post by odie on Nov 1, 2014 12:15:19 GMT 7
thanks bro zuolun for update will keep this on watchlist
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Post by zuolun on Nov 3, 2014 18:03:20 GMT 7
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Post by zuolun on Nov 7, 2014 13:51:24 GMT 7
NOL's chart pattern is identical to SDRL = kopi-o-dai-dai NOL — A "Waterfall Decline" chart pattern, Interim TP S$0.66NOL had a long black marubozu @ S$0.765 (-0.035, -4.4%) with high volume done at 6.38m shares on 7 Nov 2014 at 2.40pm. Immediate support @ S$0.75, immediate resistance @ S$0.785.
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Post by zuolun on Nov 20, 2014 16:46:59 GMT 7
NOL — A "Waterfall Decline", Interim TP S$0.66NOL closed with a shooting star unchanged @ S$0.76 with 3.87m shares done on 20 Nov 2014. Immediate support @ S$0.735, immediate resistance @ S$0.79. Neptune Orient Lines gets ‘buy’ rating on cheap valuationBy George Joseph 19 Nov 2014 SINGAPORE: UOBKay Hian is putting a 'buy' rating on Neptune Orient Lines (NOL) shares, saying the market has overreacted to the challenges facing the Singapore-listed shipping and logistics group. The Singapore broking house said the current pricing "is not justified", as the market has failed to factor in potential revenue if Neptune Orient sells its logistics operation. Since June, NOL's share price has plunged 22% to a five-year low, sapped by the expectation of a third straight year of losses amid weak freight rates and port congestion on the US West Coast, as well as the possible sale of its profitable logistics business. While seeing a strong possibility that Neptune Orient will stay in the red in 2014, the Singapore broking house views the group's current valuation at only 0.74x 2015F P/B as very cheap, compared with historical 0.9-1.0x P/B and its peers' average of 0.8x P/B. UOBKay Hian, which set its target price for NOL shares at SGD1.01 (USD0.81), said the "current valuation discount is not justified". "If the market downgrades NOL's valuation due to the potential sale of the logistics business, the market should also include the potential disposal gain in FY15's book value," said the broker. "Assuming the disposal consideration at $720M, which is lower than market expectation of $1Bn, the book value per share would increase by $0.17 to $0.96 in FY15, equivalent to only 0.6x current FY15F P/B. We expect the price downside is very limited for NOL."
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NOL
Dec 22, 2014 20:28:47 GMT 7
Post by odie on Dec 22, 2014 20:28:47 GMT 7
NOL — A "Waterfall Decline", Interim TP S$0.66NOL closed with a shooting star unchanged @ S$0.76 with 3.87m shares done on 20 Nov 2014. Immediate support @ S$0.735, immediate resistance @ S$0.79. Bro zuolun, any updates on this counter? Thanks for your insights
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