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Qanghoo Supreme	14-Feb-2015 09:46        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe this one downtrend already.  Seems mkt here is like that.  Pump up a stock (only selectively hor) way beyond fundamentals when there' s some gd news.  Then any little sign of bad news dump way below fundamentals.  So, maybe if next two qtrs results are very good again then got hope to pump up again.  Otherwise if result only so so, maybe can fall < 30.  That' s where a lot of unsuspecting retailers are left holding the baby hoping (very often false hope) of squaring off. VeryNewcomer      ( Date: 13-Feb-2015 22:54) Posted: Given current situation, you should be happy if the price is stable. If you' re thinking of it going up, hope for 1 cent at a time. In my opinion, no point thinking of 40 cents now. I think most " experts" have given up guessing where oil price would go. losemoneyking      ( Date: 13-Feb-2015 21:05) Posted: When den can hit 40 cents? Range?
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VeryNewcomer Member	13-Feb-2015 22:54        VeryNewcomer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Given current situation, you should be happy if the price is stable. If you' re thinking of it going up, hope for 1 cent at a time. In my opinion, no point thinking of 40 cents now. I think most " experts" have given up guessing where oil price would go. losemoneyking      ( Date: 13-Feb-2015 21:05) Posted: When den can hit 40 cents? Range?
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losemoneyking Senior	13-Feb-2015 21:05        losemoneyking About Contact  Quote this Post!
x 0   x 0  Alert Admin	When den can hit 40 cents? Range?
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sun233 Elite	13-Feb-2015 17:05        sun233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Totally agree VeryNewcomer      ( Date: 13-Feb-2015 14:11) Posted: In the current low oil price environment, there are better stocks to buy outside the oil and gas sector. However, if you look within the oil and gas universe, Nam Cheong remains one of the better counters. People who are expecting past years' kind of growth are unrealistic. Considering the current circumstances, their latest results actually look pretty impressive, coupled with a higher dividend than last year. Considering their track record, I' m pretty confident their management is able to steer the company through this oil crisis. Cash flow management is key. Personally, I find the ship chartering JV with Marco Polo very strategic. Serving the Indonesian market, they do not compete head on with their main customers in Malaysia. It is one additional avenue to offload their BTS vessels, and also an additional source of revenue and cash flow that is smoother and more consistent than selling vessels. We can never catch the best timing for bottom fishing, but funds have been quietly scooping up good O& G counters that have been whacked down together with the weak ones. O& G is a cyclical sector, and the rebound will happen eventually. If you are positioned well for the recovery, the good counters will be the first to shoot up.
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VeryNewcomer Member	13-Feb-2015 14:11        VeryNewcomer About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the current low oil price environment, there are better stocks to buy outside the oil and gas sector. However, if you look within the oil and gas universe, Nam Cheong remains one of the better counters. People who are expecting past years' kind of growth are unrealistic. Considering the current circumstances, their latest results actually look pretty impressive, coupled with a higher dividend than last year. Considering their track record, I' m pretty confident their management is able to steer the company through this oil crisis. Cash flow management is key. Personally, I find the ship chartering JV with Marco Polo very strategic. Serving the Indonesian market, they do not compete head on with their main customers in Malaysia. It is one additional avenue to offload their BTS vessels, and also an additional source of revenue and cash flow that is smoother and more consistent than selling vessels. We can never catch the best timing for bottom fishing, but funds have been quietly scooping up good O& G counters that have been whacked down together with the weak ones. O& G is a cyclical sector, and the rebound will happen eventually. If you are positioned well for the recovery, the good counters will be the first to shoot up.
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losemoneyking Senior	13-Feb-2015 13:30        losemoneyking About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope kind BB buy up n kill all the shortist!
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Heero78 Veteran	13-Feb-2015 13:21        Heero78 About Contact  Quote this Post!
x 0   x 0  Alert Admin	alot of shorting actions on Nam Cheong since Feb. So u will see alot of talking down on Nam Cheong. 12/Feb - 50.37% 11/Feb - 22.03% 10/Feb - 38.03% 9/Feb - 24.35% 6/Feb - 60.52% 5/Feb - 41.33% 3/Feb - 17.14% 2/Feb - 51.61%
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RoundRound Elite	13-Feb-2015 12:25        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	Yesterday before market and after result announcement, price was 33.5c. Yes, dividend very attractive but what I said still hold here! RoundRound      ( Date: 12-Feb-2015 09:01) Posted: Some selling pressure will build up for Nam Cheong near to mid term, unless it can secure more meaty contracts these 2 quarters RoundRound      ( Date: 12-Feb-2015 08:29) Posted: Final Dividend is very attractive at 1.5c but falling net profit and falling oil prices will weigh down its share price mid-term. And Nam Cheong is not winning as many contracts as it did last Q4 to date compared to Q2 or Q3
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losemoneyking Senior	13-Feb-2015 11:14        losemoneyking About Contact  Quote this Post!
x 0   x 0  Alert Admin	Go Holland Liao. Haix.
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Hby76sg Member	13-Feb-2015 07:59        Hby76sg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hidden gem for short-term?
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losemoneyking Senior	12-Feb-2015 16:03        losemoneyking About Contact  Quote this Post!
x 0   x 0  Alert Admin	dont worry. going to sail off liao. get ready!!! RoundRound      ( Date: 12-Feb-2015 13:42) Posted: Even with a just announced 1.5c bumper final dividend, still selling down, don't look good to me. What I say this more at 8.29am and 9.01am still hold. RoundRound      ( Date: 12-Feb-2015 09:01) Posted: Some selling pressure will build up for Nam Cheong near to mid term, unless it can secure more meaty contracts these 2 quarter
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RoundRound Elite	12-Feb-2015 13:42        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	Even with a just announced 1.5c bumper final dividend, still selling down, don't look good to me. What I say this more at 8.29am and 9.01am still hold. RoundRound      ( Date: 12-Feb-2015 09:01) Posted: Some selling pressure will build up for Nam Cheong near to mid term, unless it can secure more meaty contracts these 2 quarters RoundRound      ( Date: 12-Feb-2015 08:29) Posted: Final Dividend is very attractive at 1.5c but falling net profit and falling oil prices will weigh down its share price mid-term. And Nam Cheong is not winning as many contracts as it did last Q4 to date compared to Q2 or Q3
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sun233 Elite	12-Feb-2015 11:26        sun233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let' s hope they built fast and deliver earlier than 2016. Results not too bad. But near term pressure remains. Heero78      ( Date: 12-Feb-2015 09:24) Posted: pag 22 of the report Despite the recent volatility in global oil prices, companies within the shallow water segment of the offshore and marine sector remain resilient, with projects needing oil prices at around US$25 &ndash US$50 per barrel to stay profitable1. Being a specialist in the shallow water segment, we are also less affected by the current volatility in oil prices compared to our deepwater counterparts. Over the next few years, we continue to expect the increase in cumulative planned offshore infrastructure development in the shallow water segment, as a result of more fields coming on stream than decommissioned2. In addition, we also expect the planned global delivery of more than 100 modern jackup rigs between 2015-20173, and when deployed, will drive demand for modern OSVs. We continue to see demand for AHTS vessels, and other offshore vessels, especially in the shallow water region. As at 31 December 2014, our order book value stood at approximately RM1.7 billion, comprising a mix of OSV that are due for deliveries up to 2016.
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ash902 Veteran	12-Feb-2015 09:28        ash902 About Contact  Quote this Post!
x 0   x 0  Alert Admin	long term wise, holders will be rewarded.
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Heero78 Veteran	12-Feb-2015 09:24        Heero78 About Contact  Quote this Post!
x 0   x 0  Alert Admin	pag 22 of the report Despite the recent volatility in global oil prices, companies within the shallow water segment of the offshore and marine sector remain resilient, with projects needing oil prices at around US$25 &ndash US$50 per barrel to stay profitable1. Being a specialist in the shallow water segment, we are also less affected by the current volatility in oil prices compared to our deepwater counterparts. Over the next few years, we continue to expect the increase in cumulative planned offshore infrastructure development in the shallow water segment, as a result of more fields coming on stream than decommissioned2. In addition, we also expect the planned global delivery of more than 100 modern jackup rigs between 2015-20173, and when deployed, will drive demand for modern OSVs. We continue to see demand for AHTS vessels, and other offshore vessels, especially in the shallow water region. As at 31 December 2014, our order book value stood at approximately RM1.7 billion, comprising a mix of OSV that are due for deliveries up to 2016.
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RoundRound Elite	12-Feb-2015 09:01        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	Some selling pressure will build up for Nam Cheong near to mid term, unless it can secure more meaty contracts these 2 quarters RoundRound      ( Date: 12-Feb-2015 08:29) Posted: Final Dividend is very attractive at 1.5c but falling net profit and falling oil prices will weigh down its share price mid-term. And Nam Cheong is not winning as many contracts as it did last Q4 to date compared to Q2 or Q3
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RoundRound Elite	12-Feb-2015 08:38        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	losemonenyking, now I know why you lose money because u always see wrong .....LOL Note, their earning reports have a mix of numbers in both RM & SGD currencies, but primary RM losemoneyking      ( Date: 12-Feb-2015 08:28) Posted: Paisey see wrong. Total 0.015. Still better den last yr losemoneyking      ( Date: 12-Feb-2015 08:27) Posted: N special div 0.005. Total 0.02. Forth quarter nt so good but whole yr 2014 still far better den 201
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RoundRound Elite	12-Feb-2015 08:29        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	Final Dividend is very attractive at 1.5c but falling net profit and falling oil prices will weigh down its share price mid-term. And Nam Cheong is not winning as many contracts as it did last Q4 to date compared to Q2 or Q3
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losemoneyking Senior	12-Feb-2015 08:28        losemoneyking About Contact  Quote this Post!
x 0   x 0  Alert Admin	Paisey see wrong. Total 0.015. Still better den last yr losemoneyking      ( Date: 12-Feb-2015 08:27) Posted: N special div 0.005. Total 0.02. Forth quarter nt so good but whole yr 2014 still far better den 2013 RoundRound      ( Date: 12-Feb-2015 08:17) Posted: Nam Cheong Q4 result just out. Revenue up 29% Net profit down around 40% NAV SGD 0.22 per share Dividend declared 1.5c
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losemoneyking Senior	12-Feb-2015 08:27        losemoneyking About Contact  Quote this Post!
x 0   x 0  Alert Admin	N special div 0.005. Total 0.02. Forth quarter nt so good but whole yr 2014 still far better den 2013 RoundRound      ( Date: 12-Feb-2015 08:17) Posted: Nam Cheong Q4 result just out. Revenue up 29% Net profit down around 40% NAV SGD 0.22 per share Dividend declared 1.5c
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