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Hmm.....steady lah...
No more big volume buy up now? Wonder what is the next resistance? No reference point cos it' s All Time High. Anyone can predict based on candlestick or fibonaci analysis?
Hmm......sailing faster today.....Chiong Ah....
sales of vessels and purchasing more vessels when prices drop,
maybe this is why the person thumbed this down
maybe this is why the person thumbed this down
PhillipTan ( Date: 03-Aug-2021 15:53) Posted:
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Potentially can touch 55 cents
tonylim ( Date: 27-Aug-2021 15:20) Posted:
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Inching up. Touched 50 cents today. Any good news ?
hmmhmm ( Date: 27-Aug-2021 13:55) Posted:
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Hmm.....this vessel good mood today.....
Hmm.....not bad....this vessel sailing steadily......power!!!
Heng yesterday sold all at 47 cents.
But not so Heng for other counter 🤣
But not so Heng for other counter 🤣
hmmhmm ( Date: 16-Aug-2021 14:03) Posted:
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Hmm.....vessel change to turbo mode....??
sadly, cosco still sunk in teh red sea... 28.5 despite a stellar result
Hmm....tis one power.....Vessel in green sailing in red sea......
Samudera Shipping Line has ' some pricing power' will be riding the wave of higher freight rates
SAC Capital analyst Tracy Lim sees Samudera Shipping Line (SSL) as currently having " some pricing power" . The company will also be riding the wave of higher freight rates, which boosted its revenue for the 1HFY2021 ended June by 19.6% y-o-y to $209.1 million.During the half-year period, SSL also reported higher net cash of US$80.9 million ($109.4 million) as at June 30, from US$51.3 million as at Dec 31, 2020. This was due to the sale of some of SSL' s vessels and higher profitability in the 1HFY2021.
In an unrated report, Lim expects that the cash will be used to purchasing more vessels when prices drop.
" Its solid cash position also gives room for other expansion opportunities," she writes.
Looking ahead, Lim expects higher freight rates, as well as the strong demand for goods to continue to be key drivers for better profitability for the company.
To this end, she sees the global demand for goods to remain elevated despite the resurgence of Covid-19 infections, on the back of the continued US fiscal stimulus, " at least until its scheduled end in September" .
That said, near-, as well as longer-term headwinds include port congestions and the impact of high freight rates on charter-in costs when existing contracts are due.
As at 2.39pm, shares in Samudera Shipping Line are trading 0.5 cent lower or 1.2% down at 43 cents.
Expected keep dropping after the result
Samudera Shipping up 5.9% after posting H1 profit jump
Shares of mainboard-listed Samudera Shipping climbed as much as 8.2 per cent on Thursday, after the container shipping company posted a jump in its net profit for the first half ended June 30 the night before.The counter rose to an intra-day high of 46 Singapore cents as at 9.01am, up 3.5 cents from the previous day&rsquo s closing price of 42.5 cents. By 9.53am, the Samudera Shipping was up 5.9 per cent or 2.5 cents to 45 cents, with 5.7 million shares changing hands.
It later closed 0.5 Singapore cents or 1.2 per cent higher at 43 cents with 9.5 million shares having changed hands. The last time its trading volume reached near this level was on April 6 at 8.8 million.
On Wednesday, the company posted a net profit of US$36.7 million for the six months ended June 30. This was five times the US$7.2 million recorded in the previous corresponding period.
The jump in net profit came on the back of higher freight rates and significant cost-management measures put in place by the group.
The board has declared an interim dividend of 0.5 Singapore cent per share, to be paid on Aug 18. No dividend was declared for the corresponding period a year ago.
Shortages and disruptions in the shipping industry have generated interest in Samudera Shipping in recent months. Samudera Shipping serves the Asian region and previously stated it sees growth opportunities in Indonesia.
In April, brokers noted the stock remained undervalued. Lim & Tan initiated coverage on the counter with a &ldquo buy&rdquo call and target price of S$0.49, implying an upside potential of 55.5 per cent. Meanwhile, UOB Kay Hian highlighted the company&rsquo s respectable dividend yield in an unrated note.
mother price up 15%,,,,,
SGX counter kena cornered by BB, why SGX never make enquiry ??
SGX counter kena cornered by BB, why SGX never make enquiry ??
Gap up opening now dump back.
PT Samudera Indonesia Tbk (SMDR.JK)
Jakarta - Jakarta Delayed Price. Currency in IDR
Add to watchlist
750.00+85.00 (+12.78%)
As of 10:17AM WIB. Market open.
https://finance.yahoo.com/quote/SMDR.JK/
https://finance.yahoo.com/quote/SMDR.JK/
superstartup ( Date: 29-Jul-2021 09:59) Posted:
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In a non-rated report by UOB dated 5 Apr 2021 :
Samudera
&bull Trading at a deep valuation discount vs peers. Samudera currently trades at 6.5x 2020 core PE and 0.6x P/B vs peers&rsquo average of 12.1x PE and 3.1x P/B. This represents a discount of 46% and 82% respectively. In addition, Samudera has been consistently paying dividend well above its payout policy of at least 20%, even during 2016 when it was loss making. For 2020, Samudera offers a respectable dividend yield of 3.8%.
Current half-year earnings ending 30 Jun 2021
EPS USD 6.83c = SGD 9.22c
Annualised earning = SGD 18.44c (Based on current share price of 45c, PE is 2.44)
Just take UOB PE of 6.5 => Share Price of S$1.20
[ UOB indicated that at PE of 6.5 represent a discount of 46% to Samudera' s peers ]
https://research.sginvestors.io/2021/04/samudera-shipping-line-uob-kay-hian-research-2021-04-05.html
Samudera
&bull Trading at a deep valuation discount vs peers. Samudera currently trades at 6.5x 2020 core PE and 0.6x P/B vs peers&rsquo average of 12.1x PE and 3.1x P/B. This represents a discount of 46% and 82% respectively. In addition, Samudera has been consistently paying dividend well above its payout policy of at least 20%, even during 2016 when it was loss making. For 2020, Samudera offers a respectable dividend yield of 3.8%.
Current half-year earnings ending 30 Jun 2021
EPS USD 6.83c = SGD 9.22c
Annualised earning = SGD 18.44c (Based on current share price of 45c, PE is 2.44)
Just take UOB PE of 6.5 => Share Price of S$1.20
[ UOB indicated that at PE of 6.5 represent a discount of 46% to Samudera' s peers ]
https://research.sginvestors.io/2021/04/samudera-shipping-line-uob-kay-hian-research-2021-04-05.html
Samudera Shipping' s H1 profit up five times, declares 0.5 S cent interim dividend
SAMUDERA Shipping' s H1 net profit has increased more than five times on the back of higher freight rates and significant cost-management measures put in place by the group.
Net profit for the half-year ended June 30 was US$36.7 million, up from US$7.2 million a year ago. Earnings per share worked out to 6.83 US cents, up from 1.33 US cents.
The board has declared an interim dividend of 0.5 Singapore cent per share, to be paid on Aug 18. No dividend was declared for the corresponding period a year ago.
Revenue in H1 increased 19.6 per cent to US$209.1 million, driven by higher contribution from the container shipping business. Freight rates were higher, especially for carrier-owned container cargo, Samudera noted.
While demand for shipping services was strong, container volume handled only rose 8.1 per cent to 715,000 twenty-foot equivalent units.
The global port congestion situation arising from pandemic-related disruptions resulted in a shortage of capacity, the group said. Vessel turnaround time was longer, in conjunction with the volume growth in long-haul services.
Gross profit rose almost 3.5 times as Samudera worked to manage its cost of sales, which rose only 1.5 per cent in H1.
The group said it actively managed the utilisation of its container fleet and secured vessels on long-term charter in a timely manner.
Other operating income was US$2.2 million compared with US$702,000 a year ago. This was mainly due to proceeds of US$1.5 million received from the sale of ageing container boxes, as part of the group' s container fleet rejuvenation.
Samudera said the upward pressure on freight rates is expected to continue in the near term due to the global port congestion situation.
But such port delays and its associated cost impact, along with the volatile bunker price, could weigh on operating costs, the group added. The strong demand for container shipping services and the shortage of capacity have also driven an increase in vessel-charter rates.
Samudera said it has secured nine vessels on long-term charter to ensure the availability of capacity in the next 12 months to support its customers.