NamCheong    Last:1.18    -0.01

Namcheong : strong and profitable - will cheong

Nam Cheong CEO & CFO will do a Zoom briefing via SIAS programme 
Next Tuesday:

Register: 
https://portal.sias.org.sg/Event/CreateAttendee?EventId=36244c82-f7db-f011-8544-6045bd1f089e& EventName=Corporate_Connect_featuring_Nam_Cheong_Limited

 

Thai one Dato billionaire again Malaysian Dato powerful Singapore taokey Also Next Indonesia billionaire?

 

Above $1  : )
Nice safe investment (based on earnings) and trade.
 

 

finally hit $1!! HUAT!!

 

Sell Half, keep Half (same half) again.
Safer strategy. In view this is SGX.

superstartup      ( Date: 02-Jan-2026 15:27) Posted: Up some more ! Nice.

 

Up some more !
Nice.

 

Up 7c since last 2 trading days.
Good start to 2026.

 

Going off for the year.
C u guys 2026.

 

Had earlier switched from Marco to Pac Rad.
After waiting patiently, Pac Rad finally made big move.
Now further switched all into NamCheong, added more. In view Namcheong is trading at very low PE versus the rest.
Say the same thing again. Eventually, the Value Gap will be too large to be ignored.   
 

 

To catch up with Marco and Pac Rad current price,
Namcheong need to trade at, at least $1.56

(as usual, please perform your own DD, and patience is required) 

 

Namcheong currently trading at PE 5+ only.
versus Marco Polo / Pac Rad currently trading at over PE 12 to 15+ 
 

superstartup      ( Date: 30-Dec-2025 13:07) Posted: Bought more Namcheong for 2026. DBS - One of their Top Picks for 2026 We expect potential OSV newbuild contracts and the deployment of the two workboats and an idling AHTS (due to cancellation of a Japanese offshore wind project) in early 2026 to drive a re-rating of the stock. Nam Cheong remains one of our top picks for 2026. Reiterate BUY and TP SGD1.25 (8x FY26 PE).

 

Bought more Namcheong for 2026.

DBS - One of their Top Picks for 2026

We expect potential OSV newbuild contracts and the deployment of the two workboats and an idling AHTS (due to cancellation of a Japanese offshore wind project) in early 2026 to drive a re-rating of the stock.

Nam Cheong remains one of our top picks for 2026.

Reiterate BUY and TP SGD1.25 (8x FY26 PE).

 

https://www.nextinsight.net/story-archive-mainmenu-60/948-2025/16502-upcoming-rise-of-newbuilds-nam-cheongs-latest-move-boosts-buy-case-for-1-25-target
 

Upcoming Rise of Newbuilds: NAM CHEONG' s Latest Move Boosts BUY Case For $1.25 Target


 

 

 

Match in all win money. 

Christmas present for all. 

 

Nam Cheong sells a 4,000DWT PSV for US$20.5 million
  &bull Vessel is sold to an established offshore and marine group based in Vietnam.

&bull Net proceeds will be primarily redeployed to support the Group&rsquo s shipbuilding activities, either for external sales or to support fleet expansion, depending on prevailing opportunities.
&bull The vessel sale forms part of the Group&rsquo s fleet reprofiling initiatives, supporting efficient capital recycling for the Group while enabling its customers to meet immediate offshore marine demand as their pipeline of E& P projects progresses. 


The positive thing about this strong charter rates is the vessels have value that can translate into profit over book value

 

nice consolidation at 83-85 cent level.
breakout will happen when 4Q results are out, and when first shipbuilding contracts land on Nam Cheong (soon?)
DBS target of $1.25 is achievable.

 

 

DBS' Top Small-Mid Cap Picks for 2026: Which Stock Has Highest Upside of 50%?

https://www.nextinsight.net/story-archive-mainmenu-60/948-2025/16485-dbs-top-small-mid-cap-picks-for-2026-which-stock-has-highest-upside-of-50

 

better drop to 73 level, got strong support

kye_lin      ( Date: 02-Dec-2025 11:41) Posted: Dropped to 78.5

 

Dropped to 78.5