30-10-2015, 07:55 PM
(30-10-2015, 06:39 PM)Behappyalways Wrote: For NOL, part of its problems is due to management. Other shippers are still profit making while it is not. It bought new ships to save on bunker and then bunker price crashed. And the company has to increase depreciation due to new ships. Temasek has to understand warships and submarines are different from commercial ships. An admiral might not be suitable to handle commercial fleets.
As for Samudera, if the management are smart they should follow PCL (Pacific Carriers). Delist when shipping is down and list again when the sector is hot again. Anyway the NTA is about 70 cents if one revalued its office properties.
I c what u mean...
u have a good ride on samudera then...