SamuderaShipping    Last:0.96   -

SAMUDERA SHIPPING LINE LTD

At current 81c, trading very close to cash value! why not? Very valuable proposition!
 

Key Statistics

EPS  (SGD)  a	0.24807	Trailing EPS  (SGD)  b	0.13278	NAV  (SGD)  c	1.3571
PE  a	3.265	Trailing PE  d	6.100	Price / NAV  c	0.5969
Dividend Yield  (%)  e	3.704	Cash In Hand  (SGD)  f	0.7857	Issued & Paid-up Shares  g	538,038,199
Piotroski F Score	5	Market Cap (M)	435.811	Free Float (%)	28.5
Return on Equity (ROE) (%)  h	9.784	Revenue Growth (%) TTM  i	-39.398
Net Earnings Growth (%)  j	-74.877	Net Debt/Equity  k	Net Cash	Net Debt (SGD ' 000)	-141,521
Under CPF Investment Scheme (CPFIS)			Yes
Sector & Industry			Transportation - Marine Shipping
Category Classification			Marine / Transport

 

To trade around 7 series next week.. big disappointment 😥 someone still dream on seeing 1.04?

 

Rates are coming down fast...

https://en.sse.net.cn/indices/seafinew2.jsp

Samudera      ( Date: 30-Jul-2024 14:37) Posted: One must understand Samudera biz. A big portion of their revenue comes from main liners(60% if I remember correctly) and these are on contract basis. What it meant is that if the contracts are renewed in March for example then probably you will see a not too good 2nd half just like 1st half. But if contracts are renewed recently then 2nd half should be good. How to know? When the parent company result comes out in 3q, you can roughly gauge. One might say never mind, if the contracts are not renewed, next year results should be very good when it is renewed next year....But who knows what the freight rates will be next year? Can the present freight rates be maintained???

 

No need for cold water to be splashed on anyone as its dyodd..between cash value of $0.70 and 1.2 times cash value of $0.84 it is a buy based strictly on the 1. Generous dividend payout record and 2. NAV of about $1.40 (in the past most shippers would be valued at about 0.8 NAV in good times which for Samu is about $1.10...so dyodd buy at cash or 1.2 cash, take profit at close to $1.10, collect dividends at about 10% per year..many old timers here who bought at $0.60 would have made many times over..Good luck to all who are vested

 

Good points.

Samudera      ( Date: 30-Jul-2024 14:37) Posted: One must understand Samudera biz. A big portion of their revenue comes from main liners(60% if I remember correctly) and these are on contract basis. What it meant is that if the contracts are renewed in March for example then probably you will see a not too good 2nd half just like 1st half. But if contracts are renewed recently then 2nd half should be good. How to know? When the parent company result comes out in 3q, you can roughly gauge. One might say never mind, if the contracts are not renewed, next year results should be very good when it is renewed next year....But who knows what the freight rates will be next year? Can the present freight rates be maintained???

 

Where are the strong supporter? 

beng1102      ( Date: 01-Aug-2024 11:04) Posted: Correction is OVER.  STRONG BUY NOW. HuatAh7898      ( Date: 31-Jul-2024 19:36) Posted: this Indo counter is expected to be greatly sold down further from here... the earnings reported and dividend proposed too jialat le Trade with strong spreed and take cover

 

Correction is OVER.  STRONG BUY NOW.

HuatAh7898      ( Date: 31-Jul-2024 19:36) Posted: this Indo counter is expected to be greatly sold down further from here... the earnings reported and dividend proposed too jialat le Trade with strong spreed and take cover

 

this Indo counter is expected to be greatly sold down further from here...
the earnings reported and dividend proposed too jialat le

Trade with strong spreed and take cover 

 

YZJ is ship buiding, different business right? 

Battle123      ( Date: 31-Jul-2024 10:06) Posted: Ya think some got mess wif the math calculation  Btw YZJ up 5% , tis also shipping industry , can boost a not

 

Ya think some got mess wif the math calculation 

Btw YZJ up 5% , tis also shipping industry , can boost a not

 

 

Why dig others' past posts?👎 👎

ozone2002      ( Date: 31-Jul-2024 09:53) Posted: Last:0.83        -0.005 Hope u got out in time 🕰 ️     easywin      ( Date: 28-May-2024 12:59) Posted: This BB very good hope 1.05 coming soon to let us unload and take profits very long never earn easy money alread

 

Last:0.83        -0.005
Hope u got out in time 🕰 ️  
 

easywin      ( Date: 28-May-2024 12:59) Posted: This BB very good hope 1.05 coming soon to let us unload and take profits very long never earn easy money already ozone2002      ( Date: 28-May-2024 12:34) Posted: Last:1.02        +0.045 3c more to the target price

 

Juz hope can turn back and touch 900

 

Add an analogy. The main lines take the bread, the feeder lines take the crumbs. In good times, crumbs taste good.
Now with usa-china trade war, the crumbs are hard to come by.
Main lines are struggling with costs associated with the longer transit routes, delay in schedules, mt repo etc.
High freight rates cannot cover profitability with the volumes falling.

Samudera      ( Date: 30-Jul-2024 14:37) Posted: One must understand Samudera biz. A big portion of their revenue comes from main liners(60% if I remember correctly) and these are on contract basis. What it meant is that if the contracts are renewed in March for example then probably you will see a not too good 2nd half just like 1st half. But if contracts are renewed recently then 2nd half should be good. How to know? When the parent company result comes out in 3q, you can roughly gauge. One might say never mind, if the contracts are not renewed, next year results should be very good when it is renewed next year....But who knows what the freight rates will be next year? Can the present freight rates be maintained???

 

Those bought on last Friday & yesterday above 1.00 all liao chor if still holding.. no way out 😞 😢

FOREVERFREEDOM      ( Date: 30-Jul-2024 09:05) Posted: Jump water, omg trader1970      ( Date: 29-Jul-2024 23:10) Posted: Whenever straits times news are out in such hint hint manner, means Samu shares ll jump fr gapping up tmr when market open? WATCH :):):)

 

One must understand Samudera biz. A big portion of their revenue comes from main liners(60% if I remember correctly) and these are on contract basis. What it meant is that if the contracts are renewed in March for example then probably you will see a not too good 2nd half just like 1st half. But if contracts are renewed recently then 2nd half should be good.

How to know?

When the parent company result comes out in 3q, you can roughly gauge.

One might say never mind, if the contracts are not renewed, next year results should be very good when it is renewed next year....But who knows what the freight rates will be next year? Can the present freight rates be maintained???

 

Those people start pushing from around 94 cents and they bought a few thousand lots. They pushed up to $1 and expecting to sell above $1. I doubt they have the money to pick up the few thousand lots and at present price 83, they are probably sitting at least 10 cents loss per share....they will probably have to sell and take up the losses

Samudera      ( Date: 30-Jul-2024 09:13) Posted: The share price went up the past few days because 'someone' knows a posting in straits times is coming. Now they are stuck....these people will have to dump even if contra loss....just be careful. By the way, a few weeks ago the share price has a drastic fall.... Now you know why people dump....they already know the preliminary result... Samudera      ( Date: 06-May-2024 10:41) Posted: Go to Indonesia stock exchange and look at its parent company samudera Indonesia's 1q 2024 result. Samudera shipping contributes bulk of the earnings. Sharp drop in earnings. This explains why Samudera Indonesia's share price did not move..... Go look at the result and then consider if the share is worth a buy at this current price

 

Shortists are using the fall in profit to kill.........time to kill back after lunch............

 

For pure pickup 1.2x $0.70 cash at $0.84 is about right currently as 2h 2024 should show good results...problem is yesterday result left a deep taste in the mouth as its worse than 2023...seems like company is doing something not so right...Best is if share buyback can be done at current price to show support

 

If they don't sell, they will lose more. Shortists also joined them to sell..no eye see 🙈 🙈

hschsc      ( Date: 30-Jul-2024 11:37) Posted: The company was profitable, but it was 67% less. Why did so many investors rush to sell and lose a lot of money?