NOL no of shares 1,470,098,Cosco
2239,245…Cosco > likey an institution’s favourite with such huge
vol and mkt capitalistaion…
cosco ever hit S$8 but NOL since its ipo
donkey years ago was at about $39correct me if wrong)...dividend
NOL USD $40(ab S$ 60),Cosco (S$77) ex date
28April and its AGM is this coming
MON 20 April..likley Cosco will move
higher…
So maybe a matter of time Cosco will catch up with NOL….$1.50 as minimun upside $1.50 shd not be a
problem.
The Baltic Dry Index rises 1% ,ends 22 day slide.The index is a
measure of shipping costs for commodities rose for the first time
in 22 datys as rate increased for capsize and panamic vessels that
haul coal,iron ore and grains.This index also a measure of world
trade routes surged 1% or 15 points to 1478points It ends the
slongest slide since NOv 2008.
Besides Singapore first quarter sharp contraction also means our
economy has bottomed. but China albeit slowed down but still
positive..we’ve seen the worst…most probably..Time to keep this for
the long haul
