Since last year, Cosco has been undergoing restructuring to re-position itself as a core ship-repair business. It has even enter the lucrative rig-building arena, albeit m
ore is needed for Cosco to develop itself in this altogether new field although Semb Marine having a stake in Cosco Shipyards is able to aid in one way or another. A perfect strategic alliance.
It would not be overstating to say that Cosco is a no-brainer stock to hold, as longterm investors see their holdings double/triple/quadruple in value. Such is the strong uptrend of Cosco. In the aftermath of June'06 correction, it has taken a dip below it main long uptrend channel. Now, it is back on track to continue its upwards momentum. Expect heavy selling at 1.32. Positive sign will be a close above 1.35 with big volume. Once that is achieved, its a matter of time before it h
its 1.40 an
d retest its all-time high again. Question is, will you be there when that happens?
ore is needed for Cosco to develop itself in this altogether new field although Semb Marine having a stake in Cosco Shipyards is able to aid in one way or another. A perfect strategic alliance.It would not be overstating to say that Cosco is a no-brainer stock to hold, as longterm investors see their holdings double/triple/quadruple in value. Such is the strong uptrend of Cosco. In the aftermath of June'06 correction, it has taken a dip below it main long uptrend channel. Now, it is back on track to continue its upwards momentum. Expect heavy selling at 1.32. Positive sign will be a close above 1.35 with big volume. Once that is achieved, its a matter of time before it h
its 1.40 an
d retest its all-time high again. Question is, will you be there when that happens? 
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