NOL : Has it seen it's heydays?

lifeafter41 · Nov 17, 2014

Just taken a look at NOL.
From Sep 2014 till date, 17 Nov 2014, it has drop almost 30% to S$0.75- S$0.755.
Used to be the darlings for stock many years back.

How the fortunes has changed......
Will it be able to stage a turnaround soon, or will it continue to languish......

gingerlyn · Nov 17, 2014

NOL is still making huge losses while other shipping companies have started to make profit.

pointshoar · Nov 17, 2014

gingerlyn said:
NOL is still making huge losses while other shipping companies have started to make profit.

No Orders Leh.

SgGoneWrong · Nov 17, 2014

NOL has gone down the path of no return since our great leeder ho jinx, i mean ho ching left the company.

* pls bear with this nick for a while till i set up my new account SgGoneRight.

TracyTan866 · Nov 17, 2014

SgGoneWrong said:
NOL has gone down the path of no return since our great leeder ho jinx, i mean ho ching left the company.

* pls bear with this nick for a while till i set up my new account SgGoneRight.

HC was in NOL?

laksaboy · Nov 17, 2014

That's what you expect when you let fucked up SAF trash parachute into your GLCs. A waste of money and oxygen. :wink:

Such is the sickness of the PAP system, they would rather have these inexperienced military numbnuts take up the positions of leadership instead of promoting someone who has worked for a long time in the same company/industry and knows the business inside out.

http://www.worldshipping.org/about-the-council/board-members/ng-yat-chung

TracyTan866 · Nov 17, 2014

laksaboy said:
That's what you expect when you let fucked up SAF trash parachute into your GLCs. A waste of money and oxygen.

Such is the sickness of the PAP system, they would rather have these inexperienced military numbnuts take up the positions of leadership instead of promoting someone who has worked for a long time in the same company/industry and knows the business inside out.

It's all pap's fault for using SG listed companies for their own political agenda

lifeafter41 · Nov 17, 2014

laksaboy said:
That's what you expect when you let fucked up SAF trash parachute into your GLCs. A waste of money and oxygen.

Such is the sickness of the PAP system, they would rather have these inexperienced military numbnuts take up the positions of leadership instead of promoting someone who has worked for a long time in the same company/industry and knows the business inside out.

http://www.worldshipping.org/about-the-council/board-members/ng-yat-chung

It's a total disconnect, being Chief of Army, but taking on NOL.
As for business strategy............., 3 years at the helm, bleeding all the way.

SgGoneWrong · Nov 17, 2014

TracyTan866 said:
HC was in NOL?

I vaguely remember news that she resigned from nol and shortly after financial report of nol out and mentstrating.

Dark Knight · Nov 17, 2014

Cry baby LBH, white horse Cedric Foo and that Suzhou chap David Lim was also previously from NOL.
These two book smart jokers are not good enough for real world business.

shittypore · Nov 17, 2014

Big joke lah, paper general run Nol. If domestic mkt no problem cos Familee will hve laws to put their competitors in a disadv position. International business paper generals only can invest in propeties, best they can do and hope for mkt forces and time.

50000 · Nov 17, 2014

Dark Knight said:
Cry baby LBH, white horse Cedric Foo and that Suzhou chap David Lim was also previously from NOL.
These two book smart jokers are not good enough for real world business.

don't play play hor....all of them got Harvard MBA hor....

halsey02 · Nov 17, 2014

SgGoneWrong said:
I vaguely remember news that she resigned from nol and shortly after financial report of nol out and mentstrating.

Who was menstruating ?? CT GO should have stayed in NOL...was making good money when he was around...hmmm!! maybe Jinx investment strategy of buy High sell low...buy almost worthless entities...that help NOL to sink to the bottom of the ocean....in past you say NOL is 0.75cts...they recommend a trip to Woodbridge ...

sochi2014 · Nov 17, 2014

Why are there so many penny stock companies in Singapore?

TracyTan866 · Nov 17, 2014

sochi2014 said:
Why are there so many penny stock companies in Singapore?

many SG companies are not doing well

swimorsink · Nov 17, 2014

TracyTan866 said:
many SG companies are not doing well

Which are the ones offhand?

swimorsink · Nov 17, 2014

sochi2014 said:
Why are there so many penny stock companies in Singapore?

For the punters who wanna try their luck?

SgGoneWrong · Nov 17, 2014

SgGoneWrong said:
I vaguely remember news that she resigned from nol and shortly after financial report of nol out and mentstrating.

Paiseh, great Leeder ho Ching didn't work in nol, I just read. Nol was bought over by Temasek under ho Ching.

halsey02 · Nov 17, 2014

SgGoneWrong said:
Paiseh, great Leeder ho Ching didn't work in nol, I just read. Nol was bought over by Temasek under ho Ching.

What is the different?? It is like, playing, "finding the ball, under the 3 coconuts"...

syed putra · Nov 17, 2014

Container ships nowadays big is best. If you do not have biggest container vessel, cannot compete. MISC sold their container business several years ago.

NOL : Has it seen it's heydays?

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