Price dropped 5c from high of 94c to current 89c. Good time to zip some. Company may start buying back shares after XD just like CLI.. watch out.
kt3152 ( Date: 06-May-2024 10:18) Posted:
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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
Go look at the result and then consider if the share is worth a buy at this current price
Last day to buy for 9c dividend.....
U put it very well ozone.
A free business.
Who wants to take over?
You gotta be pretty savvy on shipping
Not me.
Bears only go fishing.
Current price is trading at cash on hand value
getting their shipping biz for free (caveat shipping biz not having the best of times now unless China wakes up again)
getting their shipping biz for free (caveat shipping biz not having the best of times now unless China wakes up again)
Key Statistics
| EPS  (SGD)  a | 0.24807 | Trailing EPS  (SGD)  b | 0.24807 | NAV  (SGD)  c | 1.3542 |
|---|---|---|---|---|---|
| PE  a | 3.588 | Trailing PE  d | 3.588 | Price / NAV  c | 0.6572 |
| Dividend Yield  (%)  e | 3.371 | Cash In Hand  (SGD)  f | 0.8756 | Issued & Paid-up Shares  g | 538,038,199 |
| Piotroski F Score | 5 | Market Cap (M) | 478.854 | Free Float (%) | 28.5 |
| Return on Equity (ROE) (%)  h | 18.319 | Revenue Growth (%) TTM  i | -42.291 | ||
| Net Earnings Growth (%)  j | -69.176 | 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 | ||||
Dear Bear,
Thanks for always being the life of this forum!
If Dow another big drop tnite, tmr if break 90, next support is around 88....
  good to collect....
  good to collect....
MrBear12 ( Date: 01-May-2024 19:06) Posted:
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Won' t be so happy trading tmr.
Enjoy the rest of the holiday before the wailing tomorrow
Enjoy the rest of the holiday before the wailing tomorrow
I am out too with an average of 18 cents gain per share and will be back after ex dividend.
Wishing all happy trading tomorrow.
Wishing all happy trading tomorrow.
Alignment ( Date: 01-May-2024 16:36) Posted:
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Maybe I should say this is overvalued.
Alignment ( Date: 01-May-2024 16:36) Posted:
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Even with the share price up 30% vs the price I bought in at, this company has net cash equivalent to 0.82x the mkt cap (S$400m/S$490m). Meanwhile if you strip out the cash from the mkt cap and the interest income from the P& L the residual business is trading at a P/E of 1x (!) (S$90m/S$90m). I call that cheap.
Anyway I don' t care so much - I' ve made my money and I' m out. I' m sure there are people on the forum who will argue more forcefully that this company is cheap.
 
Anyway I don' t care so much - I' ve made my money and I' m out. I' m sure there are people on the forum who will argue more forcefully that this company is cheap.
 
Can' t really agree that it is fundamentally as cheap as you say, Alignment.
I think it expensive in every way.
A stock good for shorting
I think it expensive in every way.
A stock good for shorting
I just sold my shares at 93 after buying at 71.5 in March. Back then it was cheap on a fundamental basis (still is) but there was no real catalyst. I personally don' t think the Yemen crisis is a positive but so many people did that I bought on the momentum planning to sell just before the Q1 results either proved me right or wrong, which I did. Got lucky that the momentum pushed the price up so quickly.
Will buy back in if it falls back to the 70s or if a real catalyst emerges.
Will buy back in if it falls back to the 70s or if a real catalyst emerges.
Samudera Indo at 1 year low today
 
 
Anyway I enjoyed my holiday in Europe will be back next week. 
I had nothing to do with this sell off. But just wanted to wish all a happy labor day.
By the way, this stock is good for shorters. Just my 2 cents.
But DYODD
By the way, this stock is good for shorters. Just my 2 cents.
But DYODD
Congratulations to those took profits yesterday. Never go long when prices already up so much, let' s late comers pay for it 
Samudera issued 1Q2024 business update last evening. Management advised lowered average revenue per TEU and some headwind for the container shipping segment.
Tom continue ......its upward swing......
The  gap betwee 94 and 1.19 is likely to be filled.
MrBear12 ( Date: 29-Apr-2024 16:50) Posted:
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