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11-09-2016, 11:24 PM
(This post was last modified: 11-09-2016, 11:25 PM by BlueKelah.)
Most of Hanjin fleet will likely be sold to other company and recycled back to the global shipping supply.
The still bad global economy will not help demand side either.
maersk has said they won't be adding capacity even after getting new ex hanjin clients.
So short term spike in freight rates but longer term should be low again when the hanjin fleets joins back the global shipping fleets.
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11-09-2016, 11:36 PM
(This post was last modified: 11-09-2016, 11:37 PM by BlueKelah.)
It all fits together. Once qe3 ended in Oct 2014, global company earnings started going downhill. They call it earnings recession.
Add in all the bankruptcy in OnG there is No hope for any upCycle unless qe4 come.
This is similar what happen in 2011 after qe2 ended.
So obviously global trade will shrink and shrink until some big stimulus comes along.
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12-11-2016, 06:55 PM
(This post was last modified: 12-11-2016, 06:56 PM by Greenrookie.)
http://www.nextinsight.net/story-archive...tor-bottom
The biggest indication that management will tinker with payout ratio to support dividends. It has been historical been around 30%
Assume 4% yield of a price of 70-80. Cents.
They need to pay only 2.8 - 3.2 cents as dividends, hardly need much change to payout ratio
Hardly challenging due to the low price. The joke is if price go to $1.
Assume 7 cents full year EPS, payout ratio still need. It need not be above 50%. Pretty manageable. Also a cheap way to put a floor on price falling
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Low order better than no order. Tankers order from blangadesh
http://splash247.com/bangladeshi-order-t...g-tankers/
(Vested)
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It would appear so from the announcement. Guess one would find out in future.
This seems rather consistent given that Newyard Worldwide Holdings, wholly owned by Ren Yuan Lin recently invested $2m in Kimly for 10m shares.
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From Worst to Best: Chinese Shipbuilder's Fortunes Turn Around
By Krystal Chia and Livia Yap
August 7, 2017, 4:00 AM GMT+8
A recovery in demand for new bulk carriers has helped Singapore’s worst-performing stock in 2016 become its best this year.
Yangzijiang Shipbuilding Holdings Ltd., which specializes in dry-bulk carriers, has rallied 79 percent in 2017 to lead the benchmark Straits Times Index. The Chinese shipbuilding firm has made a comeback after it won 13 contracts worth $318 million in the first quarter, about 40 percent of its $823 million worth of orders it won last year.
Its share-price gain this year is almost five times that of the Straits Times Index, which is heading toward its best showing in five years with a 15 percent advance. The bulk-shipping industry is in the midst of a recovery and scrapping of older vessels are creating demand for new ones, underpinning Yangzijiang.
More details in
https://www.bloomberg.com/news/articles/...urn-around
Specuvestor: Asset - Business - Structure.
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