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Repost a good write-up from another shareholder.
Quote
Quote 1: Referring to the historic financial report, Bani explained that the revenue target of USD 1 billion was realistic. &ldquo Earlier data explained that there would be higher financial growth in the second half, compared to the first half,&rdquo he said. Bani explained that Samudera enjoyed high demand from any shipping sector, including container shipping, dry bulk, and liquid bulk.
Quote 2: 12 month Outlook. Freight rates are expected to remain higher than pre-pandemic levels due to the lag in container vessel supply to meet demand.
I am still holding some shares of Samudera Shipping, and I have been interested to bridge the Bani optimism of the 2H to the current gloomy global shipping index (Drewry, SCFI). Though management has guided that the freight rates are well supported by the contracted rates, I cannot help feeling apprehensive on the spot rates for the regional markets that it operates, have these correct sharply (after-all the spot rates will have some influence over the contracted rates upon contracts renewal).
I stumbled across these articles
24 Aug 2022
https://splash247.com/regional-liner-squ...g-nations/
Regional liner trades are being squeezed further (with the impact of higher freight rates on consumer prices now five times stronger) in many less well connected countries.
Despite a year-on-year cellular fleet growth of 3.8% as of August 1, three trades have shown a significant reduction over the past 12 months, according to Alphaliner. The intra-Europe trade was the worst hit as the total capacity of cellular ships deployed in dedicated intra-European services was down 14.2% on August 1 compared to last year.
The two other regions with a reduced offering are intra-Asia services, down by 10.3%, and all Africa-related services, which are down by 4.3% year-on-year, according to data from Alphaliner.
The ongoing shift of tonnage to the bigger tradelanes was hurting smaller and developing countries.
18 Aug 2022
https://theloadstar.com/namsung-orders-m...umes-soar/
Healthy freight rates for shipments to Singapore, Malaysia and Indonesia have convinced South Korean intra-Asia carrier Namsung Shipping to order more containerships to meet the rising demand.
Namsung confirmed to The Loadstar today it had ordered a pair of 2,500 teu ships fitted with scrubbers from compatriot shipbuilder Hyundai Mipo Dockyard, costing $43m each.
Currently, freight rates for shipments from South Korea to Singapore, Malaysia and Indonesia are averaging between $1,100 and $1,200 for a 20ft container &ndash a nine-fold increase on pre-Covid levels.
Somehow, I felt more at ease after reading, having the impression that the South East Asia feeder markets (consists of about 75% revenue) current supply conditions is still favourable to the demand, as such the spot rates do not face the same sharp correction as the global freights (For NOW)
Insider buying - Bani, @April 2022 shareholding 3,272,000
27 May 2022 6,700 (0.745)
18 Aug 2022 15,300 (0.985)
19 Aug 2022 33,800 (1.03)
25 Aug 2022 49,000 (1.02)
After 1H 2022 result release, Bani bought 98,100 shares @1.02
More to come???
Noted no insider purchase since YE2015. (as far as I can track)
Just sharing
VBs, beware of negative sentiment and the cyclical nature of this stock
Unquote
Quote
Quote 1: Referring to the historic financial report, Bani explained that the revenue target of USD 1 billion was realistic. &ldquo Earlier data explained that there would be higher financial growth in the second half, compared to the first half,&rdquo he said. Bani explained that Samudera enjoyed high demand from any shipping sector, including container shipping, dry bulk, and liquid bulk.
Quote 2: 12 month Outlook. Freight rates are expected to remain higher than pre-pandemic levels due to the lag in container vessel supply to meet demand.
I am still holding some shares of Samudera Shipping, and I have been interested to bridge the Bani optimism of the 2H to the current gloomy global shipping index (Drewry, SCFI). Though management has guided that the freight rates are well supported by the contracted rates, I cannot help feeling apprehensive on the spot rates for the regional markets that it operates, have these correct sharply (after-all the spot rates will have some influence over the contracted rates upon contracts renewal).
I stumbled across these articles
24 Aug 2022
https://splash247.com/regional-liner-squ...g-nations/
Regional liner trades are being squeezed further (with the impact of higher freight rates on consumer prices now five times stronger) in many less well connected countries.
Despite a year-on-year cellular fleet growth of 3.8% as of August 1, three trades have shown a significant reduction over the past 12 months, according to Alphaliner. The intra-Europe trade was the worst hit as the total capacity of cellular ships deployed in dedicated intra-European services was down 14.2% on August 1 compared to last year.
The two other regions with a reduced offering are intra-Asia services, down by 10.3%, and all Africa-related services, which are down by 4.3% year-on-year, according to data from Alphaliner.
The ongoing shift of tonnage to the bigger tradelanes was hurting smaller and developing countries.
18 Aug 2022
https://theloadstar.com/namsung-orders-m...umes-soar/
Healthy freight rates for shipments to Singapore, Malaysia and Indonesia have convinced South Korean intra-Asia carrier Namsung Shipping to order more containerships to meet the rising demand.
Namsung confirmed to The Loadstar today it had ordered a pair of 2,500 teu ships fitted with scrubbers from compatriot shipbuilder Hyundai Mipo Dockyard, costing $43m each.
Currently, freight rates for shipments from South Korea to Singapore, Malaysia and Indonesia are averaging between $1,100 and $1,200 for a 20ft container &ndash a nine-fold increase on pre-Covid levels.
Somehow, I felt more at ease after reading, having the impression that the South East Asia feeder markets (consists of about 75% revenue) current supply conditions is still favourable to the demand, as such the spot rates do not face the same sharp correction as the global freights (For NOW)
Insider buying - Bani, @April 2022 shareholding 3,272,000
27 May 2022 6,700 (0.745)
18 Aug 2022 15,300 (0.985)
19 Aug 2022 33,800 (1.03)
25 Aug 2022 49,000 (1.02)
After 1H 2022 result release, Bani bought 98,100 shares @1.02
More to come???
Noted no insider purchase since YE2015. (as far as I can track)
Just sharing
VBs, beware of negative sentiment and the cyclical nature of this stock
Unquote
With an annualised EPS of 88c there is plenty of cushion. Just sit back and collect final div. I predict 23c. Any other prediction?
From this report u can decide whether ur glass to be empty or full
https://www.businesstimes.com.sg/transport/shipping-giant-cma-cgm-sees-softening-of-global-freight-rates?amp
https://www.businesstimes.com.sg/transport/shipping-giant-cma-cgm-sees-softening-of-global-freight-rates?amp
DuplexCH ( Date: 21-Aug-2022 00:27) Posted:
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CEO is very quick to re-invest div. Other big shareholders may do the same. The share seems well supported at $1 at the moment
GoldenPig ( Date: 26-Aug-2022 17:53) Posted:
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The CEO bought another 49,000 shares at $1.02 yesterday.
Another big drop in rates this week. Peak shipping rates is over. Don't be caught holding the stock at peak. Remember shipping is cyclical stock. If you get caught, you have to wait till the next cycle to cash out.
https://en.sse.net.cn/indices/seafinew2.jsp
https://en.sse.net.cn/indices/seafinew2.jsp
Samudera ( Date: 19-Aug-2022 16:46) Posted:
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Heading down towards $0.94.... Be Cautious...
Also be careful of some app chat asking people to buy. This group is doing P& D tactics. Think they are stuck with the counter and desperately want to get out and sell. Retailer investors don' t get caught with this tactics. A safe buy will be near support level at around $0.95.
Also be careful of some app chat asking people to buy. This group is doing P& D tactics. Think they are stuck with the counter and desperately want to get out and sell. Retailer investors don' t get caught with this tactics. A safe buy will be near support level at around $0.95.
TradeExpert ( Date: 24-Aug-2022 09:48) Posted:
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Support level at $0.95. Now trading at $1.02 and no strength. Likely to retract back to $0.9x before finding the next support level.
Your glass is half empty, mine is half full. Happy investing 👍
ozone2002 ( Date: 20-Aug-2022 17:38) Posted:
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1.01 
+0.03
bear market for Samudera 😅 more than 20% drop from high
+0.03bear market for Samudera 😅 more than 20% drop from high
ozone2002 ( Date: 10-Aug-2022 11:14) Posted:
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👍 much appreciated
GoldenPig ( Date: 19-Aug-2022 22:45) Posted:
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You can download SGX Mobile app and set up your watchlist under Favourites menu. Very easy to see the latest announcements and corporate action etc for the companies you are watching.
DuplexCH ( Date: 19-Aug-2022 22:24) Posted:
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Thank you👍
Everyday ( Date: 19-Aug-2022 22:02) Posted:
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Sgx Co Announcement today :
https://links.sgx.com/1.0.0/corporate-announcements/A2QZWKFM0C48FZYT/0a8575479f855dc7710044b1354f69cf1ed3656def3fd7d9ff55e08bb3693071
https://links.sgx.com/1.0.0/corporate-announcements/A2QZWKFM0C48FZYT/0a8575479f855dc7710044b1354f69cf1ed3656def3fd7d9ff55e08bb3693071
DuplexCH ( Date: 19-Aug-2022 21:54) Posted:
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Just curious, from where u get such infos?
spursfan ( Date: 19-Aug-2022 17:51) Posted:
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I also added today at $1.02. Used Samudera dividends to buy and compound the returns. 😆
spursfan ( Date: 19-Aug-2022 17:51) Posted:
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ceo bought again today
33,800 Shares (S$1.03 per share)
33,800 Shares (S$1.03 per share)
Another drop
https://en.sse.net.cn/indices/seafinew2.jsp
https://en.sse.net.cn/indices/seafinew2.jsp
Samudera ( Date: 12-Aug-2022 16:03) Posted:
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People re-investing div. Smart
The CEO going to give himself fat dividend. So he better accumulate more when the price is still dirt cheap. For those still haven't vested. Don't miss the price opportunity.
GoldenPig ( Date: 19-Aug-2022 08:57) Posted:
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