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Non-Tech : Shipping - Oil & Gas Tankers, Dry cargo, LNG
GLNG 38.28-1.1%Dec 5 9:30 AM EST
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To: Paul Senior who wrote (84)4/25/2008 8:30:25 AM
From: Lynn   of 2669
 
Paul: According to NM's web site, ML is one of the firms that covers it. Going over to ML to see what they had to say, in typical form there is no ML research available on it--my experience is that research on companies with headquarters outside the U.S.A. is _not_ made available to U.S. clients [unlike C, which makes _all_ their research available].

Morningstar (MS) does have an opinion on NM though. I find MS very conservative so for it to give NM a HOLD rating I see as a positive. They give it a fair value of $15. and $27 for, "Consider Sell."

BTW, a number of links at NM's site do not work. Also, I cannot find research for it at C. I suspect this is because I would have to use the symbols that would show in one's account if the Greek shares were purchased (e.g. KPELF rather than KPELY for Keppel research).

Lynn

Lynn
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