$中远海运(F83.SG)$ Cosco Shipping expects to turn profitable forF Y2023. It expects to report earnings of approximately $1.9 million for the FY2023 ended Dec 31, 2023, compared to the net loss of $88.86 million recorded for FY2022. The earnings reversal is primarily due to the company recognising a non-cash goodwill impairment of $99 million that arose from its acquisition of Cogent Holdings in 2018, which affected FY2022 financial results. While there was no such impairment of goodwill in F...
$中远海运(F83.SG)$ Cosco rebounded from 0.132 as I mentioned on Feb 5. Shares closed higher above the MA200 with a surge in volume. MA5 is about to cross the MA20 and MA50. MACD is about to turn positive, RSI is constructive. It may reach resistance around 1.62.
中远海运股票讨论区
slow and steady reversal
May rebound from support around 0.131-0.132. May rise to resistances around 0.149-0.154.
149 again ! will it break ?
Catching up with YZJ ?
Cosco Shipping expects to turn profitable forF Y2023.
It expects to report earnings of approximately $1.9 million for the FY2023 ended Dec 31, 2023, compared to the net loss of $88.86 million recorded for FY2022.
The earnings reversal is primarily due to the company recognising a non-cash goodwill impairment of $99 million that arose from its acquisition of Cogent Holdings in 2018, which affected FY2022 financial results.
While there was no such impairment of goodwill in F...
Cosco rebounded from 0.132 as I mentioned on Feb 5. Shares closed higher above the MA200 with a surge in volume. MA5 is about to cross the MA20 and MA50. MACD is about to turn positive, RSI is constructive. It may reach resistance around 1.62.
There will be a oversupply of container ships.
Maersk shares drop after it warns on shipping outlook and suspends buybacks
Support around 1.31-1.32.
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