Thursday 25 October 2012

i am looking at the palm oil stocks now....Golden Agri resources and Wilmar ....both looks like bottoming. if u study, the other palm oil stocks have also stopped dropping....

Wilmar has daily share buy back at $3.00 and a Director has bought 2,000,000 shares at $3.18 recently.

BTW crude palm oil(CPO) has rebounded from the october lows...and seasonally CPO prices tend to rise from  Oct to Dec..due to the many festive seasons.

http://www.palmoilhq.com/crude-palm-oil-cpo-futures/

Noble is forming a nice uptrend, supported by the 20 dMA.

YZJ and Cosco should benefit from China Trillion yuan infrastracture stimulus package....both are near the previous low...COSCO $0.87..YZJ $0.91....with the good news from NOL....might stir interests in other shipping stocks.
Good news!

NOL turn a $50 M profit for 3rd Quarter(2nd quarter was $91M loss)!

They sold their NOL building..netting a sale proceeds of SGD 246M.

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/all_in_one/company/!ut/p/c5/hZHJjqpAAEW_pT_AVKFMLilKoFAQkGLaEASsRmRqEYGvb5dv89I5y5OT3OSCBHxos6li2Vh1bfYAEUjEdKsovAFVuIeyLkNyCAILawYnu_Dj43_8mXISJBS5PAood1T4P-oQRJBPL3e5t5YxOq3q5N9Xd7ExmS0_40bsrpbtOEXgUaRg-aVNFJggYY_u-tkWFokiYZm8MfFTla1WR5G3bJPL8PaXwSRsp4pejRTL8NhgOvxei79bsWTSbVP6Yf44XtmJjsUh1nDl2K3qk2zaLLOv5cmwaPcnt0b1rHepLsFwDtCO7wMdts9Zck-8KvK2tpO11DCIcAspGwsKF01VUB4OrdDC4DmUncxfJ1ZnnH1DWAhziGs6v4gyXLZVPs-ki33jB1m94HF6dV04tlcSWDnbH-iYp3PTj5dO9HffR-Ecm8OSLs_DKyuNTcHVeYybNDpbbwpso2tKEINE-t8PKpJA39CpkcnXLy9GDnM!/dl3/d3/L0lDU0lKSkthWUEhIS9JTlNBQ0lpTXdxSkFDQUpvb0dBIS80QzFiOVdfTnJ4UUMvN18yQUE0SDBDMDlPVTE3MElVQlE0QlZVMUNCNy8yMTI0NDM2MDMwNTk!/?CompanyCombons_7_2AA4H0C09OU170IUBQ4BVU1CB7_=NOL&CO_ALLONE_SELECTED_INDEX=676&CO_AllONE_CHART_RET_CODE=NOL&CO_AllONE_STOCK_NAME=NEPTUNE+ORIENT+LINES+LIMITED&CO_AllONE_IBM_CODE=1F90&CO_AllONE_HP_CODE=N03&CO_AllONE_MASTER_CODE=229

Wednesday 10 October 2012

hi,

Noble, NOL, Genting, SC Global etc seems to have bottomed...i entered with caution.