Samudera

Re: Samudera

Postby behappyalways » Thu Apr 28, 2016 7:03 am

Earning was lower as expected because last year 1Q was exceptional. I expect 2Q onwards to see earnings on par or better than previous corresponding quarters. 1Q affected by higher charter in-rates which I expect them to renew at a lower cost since most of their charter contracts are one year or less. That would improve the bottom line.

NTA is about $0.62 but net operating cash flow for 1Q2016 is US15m or 3.7 cents per share(Sing). For FY2014 and FY2015 operating cash flow are US$46.6m and US$28.1m respectively. This company is generating healthy cashflow and using it to reduce debts and which is why dividend payout ratio is high even though earning drops. My gut feeling is that if share price continues to be depressed then a privatisation is highly probably.

Samudera 1Q2016
http://infopub.sgx.com/FileOpen/Samuder ... eID=401373
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Re: Samudera

Postby behappyalways » Sun May 22, 2016 3:39 pm

RCL is Samudera's closest competitor. It is always interesting to see how your competitor is doing. Are you doing well because in general the market is doing well or are you better than your competitor?


On a positive note, it was reported in the industry that the freight rate seemed to reach the bottom

1Q2016
https://www.rclgroup.com/news_post.aspx?id=NEWS1153


behappyalways wrote:Earning was lower as expected because last year 1Q was exceptional. I expect 2Q onwards to see earnings on par or better than previous corresponding quarters. 1Q affected by higher charter in-rates which I expect them to renew at a lower cost since most of their charter contracts are one year or less. That would improve the bottom line.

NTA is about $0.62 but net operating cash flow for 1Q2016 is US15m or 3.7 cents per share(Sing). For FY2014 and FY2015 operating cash flow are US$46.6m and US$28.1m respectively. This company is generating healthy cashflow and using it to reduce debts and which is why dividend payout ratio is high even though earning drops. My gut feeling is that if share price continues to be depressed then a privatisation is highly probably.

Samudera 1Q2016
http://infopub.sgx.com/FileOpen/Samuder ... eID=401373
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Re: Samudera

Postby behappyalways » Sat Jun 04, 2016 7:00 pm

Samudera Indonesia cannot IPO their container division at a good price as long as SI's share price continues to languish. SI needs to work on their share price.

SI gives up on growth, plans to restructure
http://www.thejakartapost.com/news/2016 ... cture.html
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Re: Samudera

Postby behappyalways » Sun Jul 03, 2016 6:37 pm

From The EdgeSingapore dated 13 June

That excludes two significant strata office deals done in the quarter as well: the sale of the entire 13th floor of 6 Raffles Quay for $28m ($2,764psf)


Samudera currently owns 2 floors of 6 Raffles Quay. (which at current price is already half the market cap)
http://samudera.listedcompany.com/newsr ... erties.pdf
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Re: Samudera

Postby behappyalways » Wed Jul 27, 2016 6:20 pm

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Re: Samudera

Postby behappyalways » Sat Jul 30, 2016 4:44 pm

The Containership Network – All Creatures Great & Small
https://clarksonsresearch.wordpress.com ... eat-small/
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Re: Samudera

Postby behappyalways » Wed Sep 14, 2016 12:50 pm

Samudera Shipping flags US$3m exposure to Hanjin fall-out
http://www.businesstimes.com.sg/compani ... n-fall-out
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Re: Samudera

Postby behappyalways » Tue Oct 25, 2016 8:34 pm

(Cashflow is positive but freight rates are down....)

Samudera Shipping swings to 3Q net loss
http://www.theedgemarkets.com.sg/sg/node/294471

Samudera 3Q2016
http://infopub.sgx.com/FileOpen/Samuder ... eID=426147
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Re: Samudera

Postby behappyalways » Fri Oct 28, 2016 5:39 pm

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Re: Samudera

Postby behappyalways » Tue Dec 06, 2016 6:02 pm

PROFIT GUIDANCE FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
http://infopub.sgx.com/FileOpen/Samuder ... eID=431947
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