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301-320 of 2835
Earning date at 26/7/24
The signs are everywhere. We will see strong numbers again.
This is a good entry price. Results should be out by next week.
beng1102 ( Date: 25-Jul-2024 13:02) Posted:
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Just STRONG BUY before it surges.
beng1102 ( Date: 24-Jul-2024 16:43) Posted:
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Ports doing well, so should shipping:
HPH Trust H1 2024 DPU falls despite increase in earnings
DPU slips to HK$0.05 on a lower distribution amount
HUTCHISON Port Holdings (HPH) Trust on Tuesday (Jul 23) reported a 66.6 per cent increase in earnings for the first half of 2024 to HK$158.1 million (S$27.2 million), from HK$94.9 million in H1 2023.
Despite the increase in earnings, distribution per unit (DPU) for the period fell to HK$0.05, from HK$0.055 in H1 2023, on a lower distribution amount.
Revenue for the period rose 2.6 per cent to HK$5.3 billion from HK$5.2 billion a year prior. This was due mainly to the 11 per cent year-on-year increase in container throughput at the trust&rsquo s Yantian International Container Terminals in China.
The higher throughput was driven by increases in laden exports, inbound empty containers, and transshipment cargoes.
This was partially offset by the container throughput of HPH Trust&rsquo s other ports in Kwai Tsing, Hong Kong, which fell 6.9 per cent in H1 2024 &ndash compared with H1 2023 &ndash on fewer local and transshipment cargoes.
The average revenue per container fell below 2023 levels due to lower storage income and renminbi depreciation.
As at Jun 30, 64 per cent of HPH Trust&rsquo s debts were on fixed interest rates, reducing its exposure to the market&rsquo s current high interest rates.
Should interest rates decrease by 25 basis points, the trust&rsquo s monthly increase expense would decrease by about HK$1.9 million. However, the trust could see a significantly higher interest rate when it refinances its debts between November 2024 and March 2025.
HPH Trust noted that its peak season started earlier than usual this year, with shipments to the US ahead of Christmas already underway as businesses try to avoid the increases in general freight rates around the end of the year.
The trust&rsquo s ports have also benefited from disruptions from nearby ports including Singapore, as vessels are returning out of schedule due to the Red Sea crisis. Extra loaders have been calling at Hong Kong since June.
The trust also said it is committed to reducing its overall
Strong Buy. Bounced back 2nd times and all likely to go up.
beng1102 ( Date: 23-Jul-2024 09:30) Posted:
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Marine stocks in play
Hutchinson port holdings just released a good set of results with China's (slow) recovery, Samu should follow suit and be good as well this Friday...cheers
STRONG BUY now as likely to U TURN UP.
Asdfgh101 ( Date: 22-Jul-2024 08:06) Posted:
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Results should be out this Friday...fun times...I am expecting an increase in 1H PATMI of about 20% to 30% with an interim dividend of $0.05 and if PATMI sustains another $0.12 for FY 2024
When is the results?
samudershipping 1h
wa up 61.8 1000 hit 1010
wb dn 61.8 945 px hit 970 dn 38.2
if hold wc up 1050
wa up 61.8 1000 hit 1010
wb dn 61.8 945 px hit 970 dn 38.2
if hold wc up 1050
Last week, Samudera was brutally shorted down abt 14% with a total vol of 14mil on 9-10Jul. The Shortist thought that Israel&ndash Hamas will sign a peace plan n Yemen&rsquo s Houthi would end the Red Sea attack but it doesn' t happen, so it' s pay back time for the Shortists !
Samu lai leow
Three New Attacks Reported in Southern Red Sea
https://gcaptain.com/two-new-attacks-reported-in-southern-red-sea/The United Kingdom Maritime Trade Operations (UKMTO) office has reported three new attacks in the southern Red Sea, including two taking place on Monday. One of the vessels reported minor damage.
Tension coming back. Price to surge. https://www.channelnewsasia.com/world/hamas-official-says-group-withdraws-gaza-truce-talks-israel-4479046
beng1102 ( Date: 12-Jul-2024 09:15) Posted:
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STRONG BUY NOW.
beng1102 ( Date: 11-Jul-2024 11:13) Posted:
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lai liao. cheong ah....
Hope for positive guidance from Samudera!
Yes! I think so. It is u turning up after 1 time selling. So I think better STRONG BUY.
Tracer63 ( Date: 10-Jul-2024 13:32) Posted:
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Last two year announced IH results on 27 July.