Neptune Orient Lines (NOL)

[VIChris]

NOL always have ah gong behind it - another Temasek milestone after lifting stake from less than 50% to a subsidiary when shipping cycle was running real hot during the peak of last cycle.

Seems like Temasek like momentum investing in its long term strategic process...

Whatever lah, without Temasek, NOL is also another pile of scraps... better off keep things simple and invest in ks players like Godfather Ow

Odd Lots Vested
GG

NOL is heavily in debt and cannot raise enough funds if it goes on rights. So, it is likely IPO their logistics business as it can be sold at a multiple valuation price and also allow them to retain control. After IPO, they may merge or sold the loss-making shipping business. Whichever way, as long as it benefit the long-term investors, go for it asap.

NOL is like another SIA, but a ocean going one. Most nations will have their ocean national carrier and in this case NOL for Singapore.

I've spoken with a very well known veteran in this industry before. These carriers will never die off even though they might bleed most of the time. Their country will bail them out times and times again due to national interest.

Cheers!