Shares & Derivatives
Partial Divestment of Nam Cheong
By The Bf Gf Money Blog  •  May 13, 2015
Nam Cheong shareholders, calm down!  This movement in the Bf Gf portfolio isn’t due to any bad news but for personal reasons.  Before, I go into that, let me just give a really brief intro about this company, for the sake of investors hearing this stock for the first time. The Business Nam Cheong is in the business of building and selling a variety of Offshore Support Vessels (OSV) used for the shallow-water drilling industry.  According to analyst reports I have read, shallow-water drilling requires oil prices of $25-50 to break even whereas deep water drilling requires $70 and above to break even.  In this aspect, you can more or less be glad that the fall in oil prices may not impact Nam Cheong so hard.  From this recent report I chanced upon, it seems like even Keppel Corp is relying on shallow-water drilling to tide them through these tough ......
Read the full article
By The Bf Gf Money Blog
When the Gf first laid her eyes on the Bf, she thought that he had the most kiam pak face she had ever seen. When the Bf first laid his eyes on the Gf, he thought he had met the most bimbotic girl in the world. But after getting to know her better, the Bf decides that she is the one and decides to chase her. Luckily, even though he has a kiam pak face, he still managed to woo her over with his charm, wit, and six-packs abs ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance