ShareJunction - Member Posts

Back

Latest Posts By pharoah88 - Supreme

About pharoah88

First < Newer 12301-12320 of 13894 Older> Last

24-Mar-2010 12:44

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

aT 65% DIScOunt, the 35% fEE iS nOt EvEn EnOugh tO cOver VARiABLE cOsts.

What abOut the Very High FiXED cOst Of thE SHiP?

Hulumas ( Date: 24-Mar-2010 11:18) Posted:

SHORT? or LONG?

pharoah88 ( Date: 24-Mar-2010 11:02) Posted:

Rickmers Maritime: Vessel secures new employment at 65% discount

Summary: Rickmers Maritime (RMT) announced that its vessel - Kaethe C. Rickmers (formerly Maersk Djibouti) - has secured employment with South American liner CSAV. The agreement is for a one-year charter at US$8,288 a day, and also gives CSAV the option to renew the charter for another 12 months at US$23,888 a day. We note that the vessel was earlier earning US$22,708 a day with Maersk. The US$8,288 rate is below our estimate of US$10,000 a day - but it is a far better alternative to not securing any employment at all (which had seemed a likely possibility a few weeks ago).

We note that CSAV is a current charterer of Pacific Shipping Trust; the liner has made great strides in resolving its own financial difficulties.

Meanwhile, RMT's auditor Pricewaterhouse Coopers (PwC) said it was not in a position to express an opinion on the trust's FY09 results due to unresolved negotiations on maturing loans and large capital commitments. RMT's unit price fell 26% yesterday as a result (even though there was no new information except for the Business Times reporting that its sources say a deal has yet to be struck with the banks). We will be adjusting our earnings estimates to reflect the new CSAV charter.

In the meantime, we maintain our SELL rating and S$0.18 fair value. (Meenal Kumar)

Good Post Bad Post

24-Mar-2010 12:41

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

jUst chEck whErE arE ALL Rickmers' SHiPS flOating?

arE thEy ALL flOating at BATAM BAY?

Good Post Bad Post

24-Mar-2010 12:39

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

nO Earnings repOrted ?

pharoah88 ( Date: 23-Mar-2010 10:15) Posted:

nO NAV ????

can gO as lOw as market wants

HiGH RiSK Of sUspensiOn.

Rickmers

Symbol:
B1ZU

Currency:
Singapore Dollar

Last:

0.315

-0.095

Vol (K): 11268.0

Trading
Updated Time	23-Mar 09:50
Open	0.3	High	0.34	Low	0.265
Prev Close	0.41	Buy	-	Sell	-
Volume(K)	11268.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	0.64	52 Wk Low	0.325	52 Wk Avg Vol	1294.233
All Time High	1.72	All Time Low	0.32
Comments	No Info

*Technical Analysis Information is updated Daily

Technicals
RSI	60.85	Williams %R	-28.57
Comments (RSI)	No Info	Comments (W%R)	No Info

Good Post Bad Post

24-Mar-2010 12:34

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

SHIPS are girls.

In this sector, it lOOks like there are nO mOre MAN that RMT must offer his girls to PST's MAN, CSAV, at a Lay Long 65% DIScOunt.

mOreOver, CSAV is a pOOr MAN cOmpare tO PIL which is PST's RiCH MAN.

RMT is sO dEsparatE that EvEn his GIRLS cannOt attract Other RiCH MEN?

Are RMT's GIRLS gOOd enOugh fOr the gOOd MEN?

Good Post Bad Post

24-Mar-2010 12:27

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Depending on the profile composition of existing shareholders, are the majority shorters or longers?

because Longers Die DiE still will Long Die DiE.

and shorters will short here and go elsewhere to long.

may be return later for an after-long.

Good Post Bad Post

24-Mar-2010 12:19

TJ DaRenTang USD / ?.....?

Go to Message

x 0

what is the Wealth Creation Story at this company?

Good Post Bad Post

24-Mar-2010 12:13

Chemoil Ene USD / CHEMOIL

Go to Message

x 0

iF sOld at USD0.405 and bOught back USD0.360

that iS gOOd gOOd gOOd cOntra dEal.

Happyseah ( Date: 24-Mar-2010 12:06) Posted:

I sold. And bought back....cos of Glencore. Have to wait patiently though....

Good Post Bad Post

24-Mar-2010 12:08

StarHub / Starhub

Go to Message

x 0

ANYTIME

STAR HUB is bEttEr than CPF ANNUITY.

fOr STAR HUB DiViDEND is FREE.

fOr CPF ANNUITY PAYOUT WiLL eliminate CPF PRINCIPAL.

STAR HUB BOARD should manage the CPF BOARD.

STAR HUB MADE MONEY OUT OF NO MONEY

CPF ANNUITY MAKES CPF PRINCIPAL INTO NO MONEY AT THE END

WHO IS BETTER TO MANAGE CPF ANNUITY ?

Good Post Bad Post

24-Mar-2010 11:58

RafflesEdu / Raffles Edu

Go to Message

x 0

with lOw incOme till 2011, PRiCE may TANK tO

52 wEEk lOw S$0.335

ALL Time lOw S$0.255

Net Asset Value S$0.110

[jUSt wOnder where did all the mOney go to?]

ALL depends on the market support

Or REC buyback?

xavier26 ( Date: 24-Mar-2010 11:44) Posted:

Dear pharoah88,

I totally agree on that statement you make. All information in this counter project brighter prospect in 2011. So In the short term this counter should visit 0.32-0.34 range again. There is no earnings to support 0.37-0.41.

Good Post Bad Post

24-Mar-2010 11:52

RafflesEdu / Raffles Edu

Go to Message

x 0

RafflesEdu

Symbol:
E6D

Currency:
Singapore Dollar

Last:

0.375

-0.0050

Vol (K): 6109.0

Trading
Updated Time	24-Mar 11:27
Open	0.385	High	0.385	Low	0.375
Prev Close	0.38	Buy	-	Sell	-
Volume(K)	6109.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	0.69	52 Wk Low	0.335	52 Wk Avg Vol	13895.298
All Time High	1.38	All Time Low	0.255
Comments	No Info

*Reporting Currency in SGD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.

Financials
Date Updated	26 Feb 2010	Financial Year	30 Jun 2009
Current Year Profit (After Tax) $'000,000	51.12	Previous Year Profit (After Tax) $'000,000	98.821
Net Asset Per Share	0.11	Turnover $'000,000	477.62
Current Year EPS (After Interest and Tax)	0.02	Previous Year EPS (After Interest and Tax)	0.04
PE Ratio (After Tax)	19.3	Times Covered	1.3
Price (at update time)	0.385	Dividend Yield	0.04

*Technical Analysis Information is updated Daily

Technicals
RSI	44.58	Williams %R	-87.5
Comments (RSI)	No Info	Comments (W%R)	Oversold

Good Post Bad Post

24-Mar-2010 11:44

AusGroup / AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m

Go to Message

x 0

In this seasOn of 1Q 2010, there are lots of Bargain Hunting.

Good Post Bad Post

24-Mar-2010 11:32

SingPost / Singpost

Go to Message

x 0

SingPost

Symbol:
S08

Currency:
Singapore Dollar

Last:

1.08

No Change

Vol (K): 579.0

Trading
Updated Time	24-Mar 11:09
Open	1.09	High	1.09	Low	1.08
Prev Close	1.08	Buy	-	Sell	-
Volume(K)	579.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	1.09	52 Wk Low	0.76	52 Wk Avg Vol	4660.211
All Time High	1.31	All Time Low	0.605
Comments	Near 52 wk high

*Reporting Currency in SGD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.

Financials
Date Updated	26 Feb 2010	Financial Year	31 Mar 2009
Current Year Profit (After Tax) $'000,000	148.805	Previous Year Profit (After Tax) $'000,000	149.277
Net Asset Per Share	0.13	Turnover $'000,000	69.31
Current Year EPS (After Interest and Tax)	0.08	Previous Year EPS (After Interest and Tax)	0.08
PE Ratio (After Tax)	13.1	Times Covered	1.2
Price (at update time)	1.05	Dividend Yield	0.06

*Technical Analysis Information is updated Daily

Technicals
RSI	57.14	Williams %R	-33.33
Comments (RSI)	No Info	Comments (W%R)	No Info

Good Post Bad Post

24-Mar-2010 11:28

SingPost / Singpost

Go to Message

x 0

Singapore Post: Issues S$200m worth of notes

Summary: Singapore Post (SingPost) is issuing S$200m in principal amount of fixed rate notes due 2020 with a coupon rate of 3.5%. We had previously mentioned that the group may have to replace or upgrade its mail processing system by undertaking capex plans gradually. SingPost also has bonds maturing in Apr 2013. In our view, it is also an opportune time to issue bonds now when interest rates are still low.

Standard & Poor’s has also affirmed its AA- long-term corporate credit rating and axAAA ASEAN regional scale rating on SingPost.

Though the rating outlook has been revised to “negative” from “stable”, this merely means that the long-term credit rating may be lowered, and is not necessarily a precursor of a rating change.

With a broadening of the global economic recovery, arguably led by Asia, SingPost’s plans to expand its reach in the region should yield positive results, if properly implemented.

We maintain our BUY rating on the stock with fair value estimate of S$1.16, giving a total return of about 12% (includes 5.8% expected dividend yield). (Low Pei Han)

Good Post Bad Post

24-Mar-2010 11:23

RafflesEdu / Raffles Edu

Go to Message

x 0

Raffles Education: Potential resolution of OCL incident

Summary: Raffles Education Corp (REC) may finally see some light at the end of the tunnel that is Oriental Century Limited (OCL). ISS Corp (a group which owns and manages international schools in Singapore and China) and OCL have agreed to a transaction involving a scheme of arrangement; and via the scheme, shareholders of OCL will migrate to become ISS shareholders, with the plan to eventually list ISS on Catalist.

However, we note that the scheme is subject to several conditions and there may be potential dilution arising from the issue of new ISS shares to OCL creditors. While REC has taken an impairment charge of S$33m for OCL in FY09, it is unlikely to book any writeback from the listing of ISS.

On its core operations, REC may not see any significant growth until FY11 at the earliest, as new colleges take 2-3 years to achieve breakeven. Nevertheless, the latest developments vindicate our view that the worst is likely over for REC.

Hence, we maintain our HOLD rating and S$0.37 fair value (based on 20x blended FY10/FY11 EPS). (Carey Wong)

Good Post Bad Post

24-Mar-2010 11:09

PacShipTr US$ / PST

Go to Message

x 0

Rickmers Maritime: Vessel secures new employment at 65% great discounts

Summary: Rickmers Maritime (RMT) announced that its vessel - Kaethe C. Rickmers (formerly Maersk Djibouti) - has secured employment with South American liner CSAV. The agreement is for a one-year charter at US$8,288 a day, and also gives CSAV the option to renew the charter for another 12 months at US$23,888 a day. We note that the vessel was earlier earning US$22,708 a day with Maersk. The US$8,288 rate is below our estimate of US$10,000 a day - but it is a far better alternative to not securing any employment at all (which had seemed a likely possibility a few weeks ago).

We note that CSAV is a current charterer of Pacific Shipping Trust;

the liner has made great strides in resolving its own financial difficulties.

Meanwhile, RMT's auditor Pricewaterhouse Coopers (PwC) said it was not in a position to express an opinion on the trust's FY09 results due to unresolved negotiations on maturing loans and large capital commitments. RMT's unit price fell 26% yesterday as a result (even though there was no new information except for the Business Times reporting that its sources say a deal has yet to be struck with the banks). We will be adjusting our earnings estimates to reflect the new CSAV charter.

In the meantime, we maintain our SELL rating and S$0.18 fair value for RICKMERS MARITIME . (Meenal Kumar)

Good Post Bad Post

24-Mar-2010 11:02

RickmersMaritime / Container ships charterer with 170+ years history

Go to Message

x 0

Rickmers Maritime: Vessel secures new employment at 65% discount

We note that CSAV is a current charterer of Pacific Shipping Trust; the liner has made great strides in resolving its own financial difficulties.

In the meantime, we maintain our SELL rating and S$0.18 fair value. (Meenal Kumar)

Good Post Bad Post

24-Mar-2010 10:37

Others / STI down

Go to Message

x 0

that is what investors and traders who preferred to trade and invest in USA and not STI always said.

"STI is tOO small. It can be easily cOrnered and manipulated."

Good Post Bad Post

24-Mar-2010 10:32

SingTel / Singtel Bullish???

Go to Message

x 0

x 1

WiLL SingTel brEak S$4.22?

Good Post Bad Post

24-Mar-2010 10:31

SingTel / Singtel Bullish???

Go to Message

x 0

SingTel

Symbol:
Z74

Currency:
Singapore Dollar

Last:

3.22

No Change

Vol (K): 1570.0

Trading
Updated Time	24-Mar 10:08
Open	3.25	High	3.25	Low	3.22
Prev Close	3.22	Buy	-	Sell	-
Volume(K)	1570.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	3.5	52 Wk Low	2.43	52 Wk Avg Vol	25158.147
All Time High	4.22	All Time Low	1.94
Comments	No Info

*Reporting Currency in SGD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.

Financials
Date Updated	26 Feb 2010	Financial Year	31 Mar 2009
Current Year Profit (After Tax) $'000,000	3448.4	Previous Year Profit (After Tax) $'000,000	3960.2
Net Asset Per Share	0.66	Turnover $'000,000	289.93
Current Year EPS (After Interest and Tax)	0.22	Previous Year EPS (After Interest and Tax)	0.25
PE Ratio (After Tax)	13.9	Times Covered	1.7
Price (at update time)	3.05	Dividend Yield	0.04

*Technical Analysis Information is updated Daily

Technicals
RSI	61.32	Williams %R	-15.0
Comments (RSI)	No Info	Comments (W%R)	Overbought

Good Post Bad Post

24-Mar-2010 10:24

SingTel / Singtel Bullish???

Go to Message

x 0

x 1

M1

SingTel

Star Hub

are iNter-rElatEd

thEir cOmpEtitiOn is LiKE a gamE?

blOOdy jOkE

Good Post Bad Post

First < Newer 12301-12320 of 13894 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.