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NOL
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hem2998
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09-Sep-2014 07:54
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Could it be ftse sti midcap index re balancing?
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Lucky03
Elite |
09-Sep-2014 02:54
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I'm incline to speculate a combination of scenario 1 and 2 where some parties may be anticipating scenario 2 and jumping the gun. | ||||
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Lucky03
Elite |
09-Sep-2014 02:47
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3 possible scenario :
1. Someone trying to churn volume to create a sense of interest by buying and selling into each other's account and these are likely related parties or even accounts controlled by same party. 2. Genuine transfers of shares by willing buyer willing sellers and have to execute through SGX and will be carried out over a period of times as the volume of transfer is likely to be significant. They will have interest to control the price within a tight range. Usually, this can be a prelude to some corporate M&A, or acquisition exercise or transfer/injection of major shareholders or even buy out. 3. Speculative large retail players or traders who try to roll over for contra. Given the volume is relatively low, it is not obvious which of the 3 scenario is the motivation behind the current price and volume movement. I'm inclined to s
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hem2998
Veteran |
08-Sep-2014 15:49
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meaning?
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Lucky03
Elite |
08-Sep-2014 15:34
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NOL changing hands. | ||||
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Lucky03
Elite |
07-Sep-2014 19:44
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More confirmation of the recovery.
SCFI: Rates rise more than 6 percent worldwide Corianne Egan, Associate Editor | Sep 05, 2014 5:10PM EDT The SCFI rate from Asia to North Europe was up 4.2 percent from last week to $1,129 per 20-foot container. Full-size chart Spot rates on major trade lanes worldwide increased this week, with peak shipping season to Europe and North America in full swing. Spot rates from Shanghai to northern Europe, the Mediterranean and to the east and west coasts of the United States were all up on average of 6.4 percent from last week, according to the weekly Friday release of the Shanghai Containerized Freight Index. The SCFI rate to the Mediterranean was $1,487 per 20-foot container as of Sept. 5. Full-size chart Showing the first increase in five weeks, the spot rate to northern Europe was up 4.2 percent from last week to $1,129 per 20-foot container. Rates from Asia to northern European ports have suffered this year, dropping $636 or 36 percent per TEU since Jan. 1. Spot rates to the Mediterranean showed a similar story, rising after three consecutive weeks of declines that totaled $235 per TEU. The rate was reported at $1,487 per 20-foot container, 7.9 percent higher than the previous week. Even though Mediterranean spot rates have seen some week-to-week declines recently, the spot rate has shown year-over-year growth consistently since late March. This week's rate is 33.4 percent higher than the same week of 2013. The SCFI rate to the U.S. West Coast was $2,304 per 40-foot container as of Sept. 5. Full-size chart The SCFI spot rate to the U.S. West Coast was also up, jumping 5.8 percent from last week to $2,304 per 40-foot container. The spot rate is up $260 per FEU in the past two weeks. The $126-per-FEU bump puts the rate 15.8 percent higher year over year. The 15 carrier members of the TransPacific Stabilization Agreement is through the ninth month of a yearlong rate restoration effort, which has featured scheduled monthly general rate increase attempts totaling $2,200 per FEU. Since Jan. 1, however, the spot rate is up 26.9 percent or $489 per FEU. The spot rate to the U.S. East Coast was $4,636 per 40-foot container this week. Full-size chart Drewry?s benchmark spot rate from Hong Kong to Los Angeles showed an increase as well this week,with spot rates coming in at $2,375 per FEU, up 14.5 percent or $300 week-to-week and 13.9 percent year-over-year. Rates to the U.S. East Coast have been particularly strong on the spot market over the past two months, driven in part by diversions from the West Coast, and continued an upward trend this week. The spot rate was reported at $4,636 per FEU, up 6.7 percent from last week and 36.6 percent higher year-over-year. Spot rates to the U.S. East Coast are up $475 in the last two weeks and have grown 44.2 percent ? almost doubling ? in the past 12 weeks. Contact Corianne Egan at [email protected] and follow her on Twitter: @CEgan_JOC. |
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Lucky03
Elite |
07-Sep-2014 19:42
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So far, evidence has indicated that this should be a good Q3 for the shipping industry.
China factory production expands even after peak season surge to US, Europe JOC Staff | Sep 06, 2014 2:31PM EDT Chinese factories are still expanding production even though most orders for the holiday season in the U.S., Europe and elsewhere have already been shipped, suggesting global demand is building. China?s official purchasing manager index fell 0.6 percentage points to 51.7 percent in August, but any reading above 50 means production is expanding, according to the Associated Press. The index rose to a six-month high in June. HSBC?s purchasing index for Chinese production also suggested production expanded in August, albeit not at the same paced as suggested by the country?s official index. HSBC said its index slowed slightly to 50.3 after reaching an 18-month high reading of 51.7 in July. ?Although external demand showed improvement, domestic demand looked more subdued,? Hongbin Qu, chief China economist and co-head of Asian Economic Research at HSBC, said in a statement. ?We think the economy still faces considerable downside risks to growth in the second half of the year, which warrants further policy easing to ensure a steady growth recovery.? The release of the latest index readings come after container volume from Asia to its key export destinations rose. Containerized exports from Asia to Europe were up 7.3 percent year-over-year in July, and were up 8 percent year-to-date, according to Container Trade Statistics. Traffic rose 2.3 percent from June to July. Volume from Asia to North America grew 5.4 percent year-over-year July and is up 0.4 percent year-to-date. Traffic in July expanded 6.3 percent from June totals to 1.39 million TEUs. |
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sgng123
Supreme |
06-Sep-2014 13:54
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It would be more of a merger arrangement in container shipping, for NOL to merge TH might offer to buy up all outstanding shares it does not owned after APL logistic is either sold/IPO so it is easier for them to go merger with other container lines. Mergers can release lot of cost saving thorugh getting rid of excess charters and eliminate duplicate service. Merger is the way to go but not acqusition due to national interest involved. Look at Olam, currently share price is back to $2.60 lol highest point reached after TH cover up their ass with right issues plus share buyback. This shown one thing lot of share price is being artifically pushed up/down by biggest shareholder as long u got money u control the market it ver ysimple. Charle Block now must be cursing left and right losinghell lot of money trying to take on Temasek and his gang. |
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Lucky03
Elite |
05-Sep-2014 13:57
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Yep. Expect to see some actions in the shipping industry. Just beginning. China is now on aggressive rejuvenating path and to secure their supply chain and logistic control.
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hem2998
Veteran |
05-Sep-2014 08:37
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looks like TH is in streamline/expansion mode: Temasek, JTC to merge 4 units into mega-entity http://www.todayonline.com/singapore/temasek-jtc-merge-4-units-mega-entity shipping related next? |
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Lucky03
Elite |
04-Sep-2014 22:27
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One attractiveness of APL may be the potential of making further in road and access to US market which may appeal to the Chinese firms. Chinese are hungry for warehouse capacity and terminal ports.
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foucs69
Veteran |
04-Sep-2014 21:42
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Bro i dun think so Currently many chinese ship box owner is expanding their new fleet by building more ships since 2013...when price is dirt cheap.......some even add on option even current project still ongoing.
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Qanghoo
Supreme |
04-Sep-2014 21:35
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Will the Singapore Govt divest?
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Lucky03
Elite |
04-Sep-2014 21:24
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Given China Government aggressive push to reform the shipping industry and to urge them to retire aging ships and modernize their fleet for more eco-friendly and fuel efficient fleet, ever cross anyone's mind that some Chinese firms may contemplate acquiring NOL ???? NOL has just complete its exercise and offer good time to market ! | ||||
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Lucky03
Elite |
04-Sep-2014 21:17
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Global trading giant China has released a new guidance aimed at boosting the country?s shipping industry and ensuring a stronger grip of its supply chains.
Thursday, 04.Sep.2014, 11:27 (GMT) Global trading giant China has released a new guidance aimed at boosting the country?s shipping industry and ensuring a stronger grip of its supply chains. Under the new set of guidelines, Chinese shipping companies would have to rejuvenate their fleets by 2020, making them as environmentally friendly and safe as possible. Also, under the new regulatory reforms China plans to introduce, owners will be encouraged to retire their outdated vessels and improve their corporate structure so as to catch up with the competitors. The regulatory reforms are expected to include tax benefits as well. ?Shipping is a key component in economic development and plays an important role in protecting a country?s maritime rights and economy, in promoting exports and industrial development,? the State Council said in a statement. Chinese shipping companies suffered considerable losses when compared to their international competitors. Nevertheless, as reported by Reuters, the announcement has seen shares in state-backed China Shipping grow 6.8 percent at 05:40 a.m. BST, while Hong Kong-listed shares in China COSCO were 1.2 percent higher. China International Marine Containers Group Ltd was trading 7.6 percent higher, Reuters reports. China?s total shipping capacity totaling of 142 million DWT occupies 4th place on a global scale. |
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Lucky03
Elite |
04-Sep-2014 21:12
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It's a big mystery to many of us the invisible hands that are controlling the price of NOL which seem bent on holding it around the $1.005 range. In the meantime, we will have to keep focus on the fundamentals.
China?s ship scrapping policy drives out 4.2m dwt of capacity in H1 By Lee Hong Liang from Singapore The Chinese shipping market has removed around 4.2m dwt of elderly vessel tonnage in the first half of this year, bringing about a tighter market amid the industry slump, according to He Jianzhong, China?s deputy minister for transport. The removal of the excess tonnage was largely a result of the country?s ship scrapping policy revealed in December last year, where the government will offer subsidies of RMB1,500 ($247) per gross tonne to shipowers that scrap their vessels before their operational expiry dates. The subsidies would be given in two tranches ? one upon the completion of the vessel demolition and another after the construction of the new replacement vessel. He also pointed out that Chinese owners have booked 9m dwt in capacity of newbuildings during the first six months, partly to replace the scrapped tonnage and for fleet renewal. ?This is the major adjustment to the structure of China?s shipping fleet,? He was reported saying. While Beijing?s ship scrapping policy may have helped to enhance China?s overall fleet structure to a certain extent, the global shipping market remains under pressure from surplus capacity, he added. |
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sgng123
Supreme |
04-Sep-2014 15:00
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Same story played out today, increased volume but someone or somebody is trying very hard to suppress price upward movement. Don know who the seller is but obviously something is cooking up and they don want ship share price to move, waiting for an anouncement. Bro all stay sidelined as we do not know hwat is going to happen, NOl investor hold fast to ur share since the worst is probaly behind and positive result is on the horizon. The Sep GRi look successful from hong kong drewy index, US tradelane all achieved nice boost to spot rate meaning cargo demand strengthen into the peak session, look like we had returned to the norm in 3Q. Returning of chartered in 2Q14 - 1H15 would ensure 100+mil plus cost saving per quarter, which would translate into profit provided no additional 1 time cost incurred. Efficency gain from G6 also would contribute to cost saving abate not as much as chartered returns. Keyy to profit for NOL is cost reduction in fixed cost and nothing else, freight rate would remain in this range for long time due to lower operating cost. Do not expect any freight rate recovering to pre recession level, existing rate is the new norm. those liner that do not buy bigger fuel efficent ships would be phrased out of the industry while the survivor would reap the benefit of a bigger market shares from those who exit. I am dead sure NOL would be one of the survivor remaining in this onslaught cycle.
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Cool123
Senior |
04-Sep-2014 13:45
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My source told me an announcement is coming. Do not ask me what it is. Still hold it with big appetite. | ||||
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Lucky03
Elite |
04-Sep-2014 07:25
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NOL retraced from 1.035 to 1.005. The longer it stays there, the stronger will it serve as the base for the next rally up when it materializes.
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Lucky03
Elite |
04-Sep-2014 06:54
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PUBLISHED SEPTEMBER 03, 2014
US factory orders up a record 10.5% in July New orders for US factory goods jumped in July and automobile sales in August were unexpectedly strong, offering further signs of strength in the manufacturing sector - PHOTO: REUTERS [WASHINGTON] New orders for US factory goods jumped in July and automobile sales in August were unexpectedly strong, offering further signs of strength in the manufacturing sector. The Commerce Department said on Wednesday new orders for manufactured goods increased a record 10.5 per cent on robust demand for transportation equipment. June's orders were revised to show a 1.5 per cent increase instead of the previously reported 1.1 per cent rise. Orders excluding the volatile transportation category slipped 0.8 per cent in July. But that followed a 1.4 per cent increase the prior month, leaving the overall trend positive for manufacturing activity.- Reuters |
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