Monday, March 21, 2011

KEPCORP CHART - Holding strongly above channel support despite all the negative news that were hitting the market last week.... Entry would be safer below 11.50...

One of these blue chips which will rebound fast when crisis blows over.

#O&M/KepCorp: OSX Brasil SA plans to award deals for converting 3 supertankers into FPSOs this yr. The first contract will be awarded by end-Mar 11 & the other 2 will be decided in 2H11. KepCorp is currently working on a $50m job to modify a VLCC for the group with delivery in Jun 11 & stands a good chance of bagging these 3 potentially larger contracts.


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