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Int'l Container Terminal Services, Inc.
#11
[Image: ICT08252011.png]

bounce off at 38.2% fibo and descending triangle support around 50. heavy volume traded at this area indicates strong support as price refused to go down further. rsi below 50 and short term oversold condition on stochastic reading. for possible triangle breakout in days to come.
As soon as you discover the difference between technical analysis and trading plan, then your eureka moment finally comes.
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#12
nice find dalmacio. judging by history. this is now the new HIGHER LOW. another sure play that we want NEWBIES to exploit.
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#13
its competitor, ATI is moving roughly at the same pace. although ICT is the better play. I forgot which company is the crony of FG.
since PNOY is sitting, i dont know if politics will play. fundamentally, this sector is almost a monopoly.
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#14
buy sa mga may trip.
should hold 50.5
gudluck sa gain
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#15
I can say only one thing about this stock "MAHAL".
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#16
Mahal nga pero possible gap up on Monday... Cool
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#17
Posted on September 13, 2011 09:36:35 PM
ICTSI eyes bid for Greek ports, readies $500M for acquisitions


KUALA LUMPUR, MALAYSIA -- International Container Terminal Services, Inc. (ICTSI) will make an offer to buy the two main Greek ports if the government were to make them available for sale, the port operator’s chief said yesterday.

http://www.bworldonline.com/content.php?...-&id=38211
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#18
^^Hmmmm... I wonder if the Greeks will take the bait, since they don't have much choice.. hehe.
~In all your ways, acknowledge God.

Initializing Bazura Mode...
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#19
CTSI out to widen presence in Africa
Firm also acquires Greek port assets

By: Paolo G. Montecillo
Philippine Daily Inquirer
1:02 am | Friday, September 16th, 2011

http://business.inquirer.net/19373/ictsi...-in-africa
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#20
ICTSI keen on ‘several’ overseas projects

PORT operator International Container Terminal Services Inc. (ICTSI) said it has submitted “a lot of bids” to operate or manage several other port projects all over the world, including facilities in Africa, South Asia and Latin America.

ICTSI executive vice president Edgardo Abesamis said the company, which is fast becoming one of the world’s top port operators, submitted its intent in port projects overseas and these are in the various stages of development.  

To expand its international operations, Abesamis said ICTSI is looking at either responding to bid invitations from various authorities or making a pitch to governments to develop a new port.

“We are just replying to several bid invitations from various port operators around the world and we don’t know when it will be awarded to us or to another company that we are competing with,” Abesamis told reporters.

“We are just waiting for the decision of the port authorities on whether ICTSI will emerge as the winning bidder,” Abesamis said.

Abesamis said it had placed a bid to operate a Bangladesh port five years ago but the port authorities there have yet to decide on the tenders. ICTSI also joined a bid to operate port in Costa Rica, but the contract was given to Maersk.

“It’s hard to say if we will bag a new port contract this year because we just respond to bid invitation by various governments,” he said.

Earlier this year, ICTSI dispatched a team to Africa to study the possibility of expanding its operations in that continent.

ICTSI has established ICTSI Africa (Pty) Ltd. for this purpose. Its subsidiary will be registered in Cape Town, South Africa with developing and managing port terminal assets in the African region being its main purpose.

“But right now the team that we have dispatched has nothing in particular to report to us yet,” he said.

The company is currently expanding its flagship port, the Manila International Container Terminal, and is allotting around $110 million to construct Berth 6 and to purchase new cargo handling equipment.

ICTSI is looking at operating the new berth within the first quarter of next year as the company is awaiting delivery of two quay cranes worth about $2.5 million each as well as six rubber-tired gantries worth $1.2 million and other principal cargo-handling equipment worth about $1 million.

ICTSI is involved in the operations and development of 22 marine terminals and port projects in 17 countries worldwide.


Source: businessmirror.com.ph

http://www.businessmirror.com.ph/home/co...s-projects
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