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Posted By Topic: COSCO Revisited       - Views: 3977
Goondoo 		13-Nov 2009 Friday 8:34 AM (5298 days ago)               #1
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  		Having recommended the above stock almost a yr ago, this stock has seen ups and downs (from a low of 69c to a high of $1.40) in this year's turbulent market.

Recent quarterly results had been disappointing due to postponement and cancellation of major projects. Many analysts have been calling for SELL, some targeting as low as 80c.

However, i choose to defer from the analysts' recommendations. After hitting at a low of $1.00 at the beginning of the week, the stock has seen a rebound of 10% to close at $1.11 yesterday. I believe there would be more upsides.

If the economy is genuinely on the recovery track, then surely more contracts would be available for grabs. COSCO being a fairly known company would clinch some of these contracts, thereby resulting in future profits.

With this in mind, i would see the stock improved at least another 50% in the next 6 months.





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Goondoo 		13-Nov 2009 Friday 11:02 AM (5297 days ago)            #2
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  		This stock has dropped to an attractive level. Time to pick up a couple.

Looking forward, the Co would make greater profit to warrant a higher share price (assuming that economy improves in next two yrs).

Recommend: Buy at $1.10





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miracle_saint 		13-Nov 2009 Friday 1:07 PM (5297 days ago)            #3
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Cosco is moving up mainly because BDI shows a good improvement during the last few day. Cosco should benefits largely if the BDI further it climb.

This stock has a lot of ex-lover and when time come.....



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Goondoo 		06-Jan 2010 Wednesday 8:49 AM (5244 days ago)            #4
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  		Hope to see the stock continue its climb in the next few weeks until the Chinese New Year.

Cheers Smile





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UDT 		23-Jan 2010 Saturday 5:23 PM (5226 days ago)            #5
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Seems like most of the sectors has gone up since the September 2009 crash and left with the shipping sector yet to make much movement.

Cosco,NOL,Keppel


When people are Greedy time to be fearful
When people are fearful time to be greedy


Start collecting them and hold for the next 1 year Smile



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eug 		24-Jan 2010 Sunday 6:13 PM (5225 days ago)            #6
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  		i personally prefer jaya holdings and courage marine, both at attractive prices with good dividend yields.



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Goondoo 		20-Apr 2010 Tuesday 9:15 PM (5139 days ago)            #7
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  		Cosco has been played up since beginning of Apr 2010. Today see the shares added another 7c to $1.86

Many people is punting up this shares. I see it will at least go up another 20c - 30c in the next two to three weeks.

Happy speculating. Smile





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BIN 		22-Apr 2010 Thursday 2:05 AM (5138 days ago)            #8
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  		quote originally posted by Goondoo:
Cosco has been played up since beginning of Apr 2010. Today see the shares added another 7c to $1.86

Many people is punting up this shares. I see it will at least go up another 20c - 30c in the next two to three weeks.

Happy speculating.



Gd chance. Smile



BIN
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