45/455 looks a good entry.....
short term down side coming.. support at 40 cents i will get out 1st
chiachiawee ( Date: 20-Jun-2025 17:43) Posted:
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Why gone and why game over ? They already restructured their debt and with ongoing contract I think OSVs future still bright..
chiachiawee ( Date: 20-Jun-2025 17:43) Posted:
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Gone with the wind. Game over.
GONE
Let's see if it can close 48...if can then got chance....
trader1970 ( Date: 19-Jun-2025 15:16) Posted:
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It has to burst up by tomorrow somehow to align with the rest of the oilies.. WATCH the volume spike up with price and ride along... 
really dont look good..
chiachiawee ( Date: 18-Jun-2025 18:46) Posted:
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NamCheong is now in some steady hands.
Rightstock ( Date: 17-Jun-2025 13:41) Posted:
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Even if it holds today, it might not be good Tmr.
That' s what I have been saying all along for trading in our renowed SGX!!!
BBs are always in control.
BBs are always in control.
TraderBen ( Date: 18-Jun-2025 16:26) Posted:
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when bbs not interested in a counter.. whatever good news also no use one btw today SGX volume across the board is pathetic.. Laughing stock
chiachiawee ( Date: 18-Jun-2025 16:17) Posted:
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If 48c cannot hold today. Not looking good. 
break the 200 EMA and down to 40 cents.. very soon..
DYODD
DYODD
Nam Cheong at 48.5 cents, buy and keep for the medium or long term. Do not day trade and short term trade.
Should by time to buy......
Not much movement despite good promotion by Next Insight.
Morning up a bit to $0.49 but now back to $0.485.
Up slightly but pale in comparison to oil counteres and Mermaid.
Wiating game?
 
Morning up a bit to $0.49 but now back to $0.485.
Up slightly but pale in comparison to oil counteres and Mermaid.
Wiating game?
 
TraderBen ( Date: 16-Jun-2025 10:42) Posted:
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actually next insight quite zhun one.. for the past 4-5 years they have put out quite a few good calls..
stlimst ( Date: 15-Jun-2025 21:53) Posted:
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Still waiting for action here.
 
 
Quite from next insight :
"This translates to a historical PE of 3X (based on a market cap of S$208 million at 53 cents stock price).
Unlike PE ratios, EV/EBITDA accounts for debt, and Nam Cheong's EV/EBITDA is about 3X.
These EV/EBITDA and PE figures are relatively low, indicating an undervaluation".
At the current price of $0.48, the PE is less than 3X. Seriously, seriously undervalue. Artificially suppressed I would say.
Let's see how this will unfold.
"This translates to a historical PE of 3X (based on a market cap of S$208 million at 53 cents stock price).
Unlike PE ratios, EV/EBITDA accounts for debt, and Nam Cheong's EV/EBITDA is about 3X.
These EV/EBITDA and PE figures are relatively low, indicating an undervaluation".
At the current price of $0.48, the PE is less than 3X. Seriously, seriously undervalue. Artificially suppressed I would say.
Let's see how this will unfold.