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(15-05-2013, 02:31 PM)camelking Wrote: (15-05-2013, 01:52 PM)Temperament Wrote: (15-05-2013, 01:43 PM)camelking Wrote: (15-05-2013, 12:54 PM)Temperament Wrote: AH...
This is a "BLUE/BLACK CHIP" highly cyclical stock. After expanding all these years, i think it is the "worst case" so far. They have to sell their Pasir Pangjang Neptune office after unsuccessful in trying to place preference shares in the market, not long ago. i think it would have closed shop long, long time ago if without AH KONG support. Anyone still waiting for shipping cycles to turn favorable?
Yes, i am still waiting....
Sure or not?
Me not shame to tell too.
Vested 5 lots.
yes!
quite a sizeable portion of my portfolio is in NOL.
No risk, no gain... Yes Of course! If i tell you i had made a lot of money from NOL (relative to capital at that time) when i first invested 25 years ago, do you believe me? It was my darling stock counter then. Please don't ask me how much? O. K.
Sorry we are just sharing experience of history.
No quantitative analysis of stock again.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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i believe you.
No, i won't ask...don't worry....
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(15-05-2013, 02:47 PM)camelking Wrote: i believe you.
No, i won't ask...don't worry....
Thanks!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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Quote:COPENHAGEN, Denmark (AP) -- Denmark's shipping and oil group A.P. Moller-Maersk says its first quarter earnings ticked up 13 percent to 9.5 billion kroner ($1.6 billion), partly due to lower freight costs.
The Copenhagen-based group says revenue for the first three months dropped 2 percent to 79.3 billion kroner ($13.7 billion) from 81.3 billion kroner.
Maersk says its Maersk Line unit had become "more competitive and has gained strength to deal with challenging shipping markets," through lower costs.
CEO Nils S. Andersen said Friday the result was satisfactory, adding the full-year outlook was expected to be below the of the 2012 result of $4 billion.
Maersk shares rose nearly 1.6 percent in early trading in Copenhagen to 41,240 kroner ($7,127).
There is always a possibility of shipping lines turn-around when the leaders of the sector show profitability. About 1 to 2 years?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 342
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Joined: Jul 2011
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0
(17-05-2013, 04:16 PM)Temperament Wrote: Quote:COPENHAGEN, Denmark (AP) -- Denmark's shipping and oil group A.P. Moller-Maersk says its first quarter earnings ticked up 13 percent to 9.5 billion kroner ($1.6 billion), partly due to lower freight costs.
The Copenhagen-based group says revenue for the first three months dropped 2 percent to 79.3 billion kroner ($13.7 billion) from 81.3 billion kroner.
Maersk says its Maersk Line unit had become "more competitive and has gained strength to deal with challenging shipping markets," through lower costs.
CEO Nils S. Andersen said Friday the result was satisfactory, adding the full-year outlook was expected to be below the of the 2012 result of $4 billion.
Maersk shares rose nearly 1.6 percent in early trading in Copenhagen to 41,240 kroner ($7,127).
There is always a possibility of shipping lines turn-around when the leaders of the sector show profitability. About 1 to 2 years?
Maersk is not pure container shipping play as it has a oil/gas segment.
I am looking at recovery by mid 2014.
Basis? No basis....haha
NOL is unlikely to collapse in the next 2 years...so the bet is on a recovery before that......
Of course, i could be totally wrong....
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17-05-2013, 05:18 PM
(This post was last modified: 17-05-2013, 09:44 PM by Temperament.)
(17-05-2013, 04:57 PM)camelking Wrote: (17-05-2013, 04:16 PM)Temperament Wrote: Quote:COPENHAGEN, Denmark (AP) -- Denmark's shipping and oil group A.P. Moller-Maersk says its first quarter earnings ticked up 13 percent to 9.5 billion kroner ($1.6 billion), partly due to lower freight costs.
The Copenhagen-based group says revenue for the first three months dropped 2 percent to 79.3 billion kroner ($13.7 billion) from 81.3 billion kroner.
Maersk says its Maersk Line unit had become "more competitive and has gained strength to deal with challenging shipping markets," through lower costs.
CEO Nils S. Andersen said Friday the result was satisfactory, adding the full-year outlook was expected to be below the of the 2012 result of $4 billion.
Maersk shares rose nearly 1.6 percent in early trading in Copenhagen to 41,240 kroner ($7,127).
There is always a possibility of shipping lines turn-around when the leaders of the sector show profitability. About 1 to 2 years?
Maersk is not pure container shipping play as it has a oil/gas segment.
I am looking at recovery by mid 2014.
Basis? No basis....haha
NOL is unlikely to collapse in the next 2 years...so the bet is on a recovery before that......
Of course, i could be totally wrong....
Ya lol! i remember NOL sold the profitable oil/gas shipping line to Malaysia if i am not wrong It's called "America Eagles Tankers". (GOONDOO SALE).
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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Neptune Orient Lines narrows loss in Q2
SINGAPORE — Neptune Orient Lines said yesterday net loss narrowed in the second quarter of this year mainly due to cost management, and warned that it sees few signs of quick recovery in the freight rates.
NOL, about 66 per cent owned by Temasek Holdings, posted a net loss of US$35 million (S$44.4 million) in the quarter ended June 28, compared with a loss of US$118 million in the same period a year ago.
http://www.todayonline.com/business/nept...ws-loss-q2
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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Freight rates to continue falling: analysts
Decline set to carry over into next year, hurting NOL and other shipping firms
Business Times, 26 September 2013
By malminderjit singh
[Image: jb1vcQ74wYewLm.png]
SHIPPING companies are still in choppy waters with freight rates expected to continue their slide and hit companies such as Neptune Orient Lines (NOL), say analysts.
With a glut in capacity in the sector, the drop in freight rates could continue until next year, dampening hopes of a recovery in the profitability of shipping companies.
The Shanghai Containerised Freight Index shows that freight rates continued to soften this month, despite efforts to push through general rate hikes, OCBC Investment Research said in a report yesterday.
"Rates on the Asia-Europe and Latin America trade routes exhibited considerable declines of almost 30 per cent and more than 60 per cent, respectively, so far this year while the rates for the transpacific trade route have also started to ease," analysts Lim Siyi and Andy Wong wrote.
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SINGAPORE--Neptune Orient Lines said on Thursday its net loss for the fourth quarter of 2013 widened 51 per cent on year on lower revenue from the liner business and freight rates.
The container shipping company, in which sovereign investor Temasek Holdings owns a 67 per cent stake, reported a net loss of US$137.2 million for the quarter.
The company posted a net loss of US$76.3 million for 2013, compared to a net loss of $412.5 million in 2012. The figure was better than a Thomson Reuters SmartEstimate consensus of a a US$151.1 million loss.
Shipping companies have been struggling with weak demand and the pressure to order fuel-efficient large vessels to cut down on costs. NOL ordered ten 14,000-TEU (twenty-foot equivalent unit) ships in 2011, and took the delivery of the first of these megaships last March.
“Conditions in the liner industry are expected to remain challenging due to continued over-supply of capacity,” the company said ina statement, adding that liner freight rates will remain under pressure.
NOL said it would focus on managing costs and operational efficiencies with the aim to improve financial performance in 2014. REUTERS
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