Latest Forum Topics /
COSCO SHP SG
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CoscoCorp
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Sgtraderguy
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02-Mar-2019 01:18
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Is it considered good?
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brchkho1
Master |
01-Mar-2019 18:23
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Result is out. https://links.sgx.com/FileOpen/COSCO-Full%20Yearly%20Results-FY2018_Final.ashx?App=Announcement& FileID=545813 |
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kt3152
Supreme |
22-Feb-2019 16:39
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Finally able to hold on to 37. looking good. | ||||
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TeoMark
Veteran |
14-Feb-2019 09:26
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once the jurong island chemical facility is up and running. this one will be a gem. good to accumulate now for the long term.
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kt3152
Supreme |
14-Feb-2019 09:18
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355 consolidated for long time. time to move higher. | ||||
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WSJ.Shares
Veteran |
22-Jan-2019 15:47
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I?m not attacking personally lor, i just see you post blindly without understanding a company.... makes me feel like listening to an idiot.... lols
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Starship
Supreme |
22-Jan-2019 14:23
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Too many posters here go around attacking others personally as if that makes them feel superior. I' m just quoting QAF' s own report. And I specifically stated I don' t understand the diff btn the 2 phrases and I Don' t Care whether I understand. This will be my last reply and don' t post anything to me anymore as I will no longer reply.
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WSJ.Shares
Veteran |
22-Jan-2019 13:51
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OMG, u totally blindly comment? U know what Cogent company business segment have? even  disposal of all the shipyard assets in China to the Parent Group... they now still have their sharing of clients from parent company and also their recent accquire Cogent(100%) and PT Ocean (40%)..... able to let them do multi diverse business.... i suggest u go read up their capabilities  :)
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Starship
Supreme |
22-Jan-2019 11:39
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The phrase " shipyard operations" comes from their Annual Report: " Discontinued shipyard operations On 5 May 2017, the Group announced the disposal of all the shipyard assets in China to the Parent Group. The transaction was on a willing buyer and willing-seller basis after taking into account the value of net assets and profits and losses till 31 March 2017."   As to the difference btn " shipyard operations" and " port operations" , I have no idea and it doesn' t matter to me anyway. Not vested in any way.  
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ysh2006
Supreme |
22-Jan-2019 10:54
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So the HK offshore oil company bankrupt maybe not involved SG Cosco, so not scare?
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brchkho1
Master |
22-Jan-2019 10:42
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Thank Starship for posting the article, but the heading should be Cosco Shipping International (Singapore) Co Ltd doesn' t have port operation business. I am aware of another Cosco (*) in Singapore operating port operation in Singapore, and asked CEO whether the port operation will come under as new business of Cosco Shipping International (Singapore) Co Ltd, the answer was " No" that came under different business structure. See the Cosco/PSA joint venture: https://www.singaporepsa.com/our-business/terminals/joint-venture-terminals  
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Starship
Supreme |
22-Jan-2019 09:40
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This SG Cosco don' t have any shipyard operations at all. All sold back to China Cosco. Fm their 2017 Annual Report: " Discontinued shipyard operations On 5 May 2017, the Group announced the disposal of all the shipyard assets in China to the Parent Group. The transaction was on a willingbuyer and willing-seller basis after taking into account the value of net assets and profits and losses till 31 March 2017. In August 2017, the Group&rsquo s shareholders approved the sale of 51% equity interest in COSCO Shipyard Group Co., Ltd., 50% equity interest in COSCO (Nantong) Shipyard Co., Ltd. and 39.1% equity interest in COSCO (Dalian) Shipyard Co., Ltd. (collectively the Group&rsquo s shipyard business in China). The relevant authorities in China have given their approval for the transfer of shareholdings of COSCO Shipyard Group Co., Ltd. and COSCO (Dalian) Shipyard Co., Ltd. in October 2017 and COSCO (Nantong) Shipyard Co., Ltd. in November 2017. Accordingly, the 3 entities ceased to be subsidiaries of the Company on the respective dates. Continuing operations The Group recorded loss from continuing operations in dry bulk shipping, ship repair, marine engineering related activities and rental of property of $27.1 million on turnover of $37.2 million for 2017. Seven bulk carriers were scrapped by the end of 2017. Currently, the Group&rsquo s dry bulk shipping fleet comprises three bulk carriers. Companies owning the seven scrapped bulk carriers have since been or will be deregistered from the Registrar of Business in Singapore and Hong Kong." SG Cosco now has only 3 segments.  Their Main business is now Logistics, the other 2 are classified as Other business: -- Logistics (under Cogent 100%) -- Dry bulk shipping (under PT. Ocean Global Shipping 40%) -- Ship repair and marine engineering http://cosco.listedcompany.com/newsroom/20180404_173908_F83_WBS36VUJIENUJYOT.1.pdf  
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ysh2006
Supreme |
22-Jan-2019 09:22
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Why it name PSA and COSCO leh ?
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brchkho1
Master |
22-Jan-2019 09:16
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From what i know, this COSCO port operation business is not operated under COSCO Shipping Singapore.
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tchoonw
Master |
22-Jan-2019 07:56
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https://www.porttechnology.org/news/cosco_and_psa_expand_china_terminal
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ysh2006
Supreme |
22-Jan-2019 07:50
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Some said this stock was involved in a bankrupt offshore oil company in HK ?
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newbieliu
Elite |
22-Jan-2019 07:37
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That?s during Xmas period la pls . If u hv bad luck that meant u too since I am holding lol
Just together more like it Wish for it to Cheong back to 40 cent soon
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tchoonw
Master |
22-Jan-2019 07:27
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Any chance of breakout soon? | ||||
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callers
Member |
26-Dec-2018 15:22
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you are a crazy f ! Now is around new year period and you use this suay word will bring bad luck to you!
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newbieliu
Elite |
26-Dec-2018 14:07
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Same zzz then it dropped I was like f
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