| Latest Forum Topics / Nam Cheong |
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Nam Cheong
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Johnlee215
Senior |
25-Jun-2017 23:29
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U just wanna get it cheap huh
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ysh2006
Supreme |
25-Jun-2017 14:30
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When it suddenly declare chp 11 than they wake up! Late loh!
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ysh2006
Supreme |
24-Jun-2017 19:05
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This stock no much interest in this forum.
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ysh2006
Supreme |
24-Jun-2017 06:56
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First must settle the letter if demand from OCBC lah! No pay money go chp 11 loh ...
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Tommy12356
Master |
24-Jun-2017 01:53
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If oil price   still stuck another 6-12 month, there is a risk this may folllow E ....
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laksaman57
Supreme |
23-Jun-2017 15:34
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Calm before the storm 😞 | ||||
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Johnlee215
Senior |
23-Jun-2017 10:39
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So quiet today... | ||||
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Adtower
Veteran |
22-Jun-2017 14:02
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Lol coy name already tell a lot " difficult rise" | ||||
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Johnlee215
Senior |
22-Jun-2017 09:46
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Can someone rock the baby?
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mepkoh
Elite |
22-Jun-2017 09:26
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CAPITULATION....????????????????
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Johnlee215
Senior |
22-Jun-2017 09:16
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End of low is near..., Someone just need to kill off the 0.022
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Wind22i
Supreme |
22-Jun-2017 08:17
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End is near ? | ||||
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Tommy12356
Master |
22-Jun-2017 01:48
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NC keeping going down, i hope the bottom is near. Again, so many retail cannot cut loss, very painful
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kangaroo11
Veteran |
21-Jun-2017 23:38
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We draw attention to Note 4 in the financial statements, which indicates that for the financial year ended 31 December 2016, the Group experienced a significant decrease in revenue and incurred a net loss of approximately RM42,771,000. As at 31 December 2016, the Group&rsquo s loans and borrowings that were classified as current amounted to RM948,720,000 of which RM278,566,000 pertained to medium term notes that are due for repayment on 28 August 2017. These amounts exceeded the Group&rsquo s cash and cash equivalents of RM162,618,000 as at 31 December 2016. As stated in Note 4, these events or conditions, along with other matters as set forth in the note, indicate that a material uncertainty exists that may cast significant doubt on the Group&rsquo s ability to continue as a going concern. Our opinion is not modified in respect of this matter.  | ||||
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HazardKoh
Master |
21-Jun-2017 23:17
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But if u have bond holders like those Rickmers one.. then good luck.
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sheerluck
Supreme |
21-Jun-2017 16:47
Yells: "Work for your money first then let your money work for you" |
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From NC latest balanceshet, it has RM260mil.   How can default   on the US$10 facility?   Cannot be.   US$10mil only about RM43mil.   Sub sub soil for NC lah.   Market over react liao unless the cash all gone liao?   Huh?
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ysh2006
Supreme |
21-Jun-2017 10:43
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Nam Cheong ship cannot sell har no business,  who want one !! auction maybe can at depressed price?
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granto
Master |
21-Jun-2017 10:23
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According to the link in thid article: " Nam Cheong currently has 56 vessels scheduled for delivery this year, far more than any other shipbuilder, and Splash understands that only a small percentage have been committed for sale."
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GuavaXF30
Elite |
21-Jun-2017 09:09
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Nam Cheong plunged big time. Down 22% now. | ||||
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ysh2006
Supreme |
21-Jun-2017 05:32
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Even the most business frendy bank OCBC also pull the plug you think other banks won't follow meh....
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