
tonylim ( Date: 04-Mar-2010 15:45) Posted:
|
DiViDEND rate fell due to write down of investment lOsses.
Pacific Shipping Trust which depended on PURE shipping income still pays gOOd DiViDENDS
i would not suggest to compare with history.
You see the dividends are really very attractive :
Company Name | Type | Expiry Date | Record Date | Date Paid/Payable | Particulars |
---|---|---|---|---|---|
SINGAPORE SHIPPING CORP LTD | DIVIDEND | 4 Aug 2009 | 6 Aug 2009 | 25 Aug 2009 | SGD 0.01 ONE-TIER TAX |
SINGAPORE SHIPPING CORP LTD | DIVIDEND | 5 Aug 2008 | 7 Aug 2008 | 25 Aug 2008 | SGD 0.02 ONE-TIER TAX |
SINGAPORE SHIPPING CORP LTD | DIVIDEND | 10 Dec 2007 | 12 Dec 2007 | 26 Dec 2007 | SGD 0.12 ONE-TIER TAX |
SINGAPORE SHIPPING CORP LTD | DIVIDEND | 6 Aug 2007 | 8 Aug 2007 | 21 Aug 2007 | SGD 0.09 ONE-TIER TAX |
SINGAPORE SHIPPING CORP LTD | DIVIDEND | 6 Aug 2007 | 8 Aug 2007 | 21 Aug 2007 | SGD 0.03 ONE-TIER TAX |
SINGAPORE SHIPPING CORP LTD | DIVIDEND | 2 Aug 2006 | 4 Aug 2006 | 22 Aug 2006 | SGD 0.03 ONE-TIER TAX |
SINGAPORE SHIPPING CORP LTD | DIVIDEND | 2 Aug 2006 | 4 Aug 2006 | 22 Aug 2006 | SGD 0.09 ONE-TIER TAX |
tonylim ( Date: 04-Mar-2010 14:00) Posted:
|
chinton86 ( Date: 04-Mar-2010 13:56) Posted:
|
SHiPPING iS nOw WAiTiNG fOr recOvery.
that iS why nOl lOst mOney bUt share PRiCE STiLL went Up because Of BiG sUgar daddy BEHiND iT.
frOm the ecOnOmic news, the whOle ASIA iS iN the MiDST Of recOvery.
whO iS nOt recOvering nOw iN ASIA?
accOrdingly, iT iS nOt gOing tO get wOrse.
bUt iT may take Quite sOme TiME fOr tO get bEttEr.
nO chOice bUt have tO WAiT.
iT sEEms tOmOrrOw WiLL be bEttEr.
i would say u won't win much money if u keep holding.But definitely won't lose money as compare to u changing counter to those high volatility ones.
Hi All,
Would they be anyone kind to give some advises on this counter (SP ship)? Should I keep it or sell it off? Tolong tolong please help me.
SHIP should go SHIPPING,,,,,,,,
SHIP is Definitely UNsuitable for TRADING....
JUST Leave TRADING to PROFESSIONALS at SHARE JUNCTION********
When SHIP held financial assets, profits went to HELL....
yipyip ( Date: 29-Oct-2008 23:01) Posted:
|
October 29, 2008, 6.27 pm (Singapore time) BT
S'pore Shipping warns of 6-month loss
Singapore Shipping Corp has warned that it expects to report a loss for the six months ended Sept 30, 2008.
The loss stems from the negative net change in fair value of its financial assets held for trading.
The group said it does not have any complex financial instruments and its financial assets held for trading are investments in equity and equity-linked notes whose fair values have been further impaired due to the global market plunge.
It will release its detailed results on Nov 7, 2008
For FY08, SpShip wrote down $7.5m in mark to market (M2M) losses (in other words...lost money in share trading). This was probably the major cause for Q4 dipping into the red (4Q M2M losses is $3.5m)
Perhaps market is afraid that StamfordLd will also have some M2M writedowns....(as of 3Q, STL had about 8.36m in 'current investments').
On the other hand, perhaps the BBs are trying to depress STL price (so they can buy it on the cheap) before it releases its FY08 results on 29 May.
chinton86 ( Date: 28-May-2008 16:02) Posted:
|
Seems like people throwing Stamford Land to maintain S'pore Ship's share price leh...Any views?
Don't trust Analylist's report from below...I trust S'pore Ship to perform in the long run.
Poor thing... DBSV target 22cents
0351 GMT [Dow Jones] Singapore Shipping Corp. (S19.SG) down 8.7% at 2-month low of S$0.42 in active trade as investors caught off guard by ship owner''s S$1.7 million fiscal 4Q08 loss vs S$2.6 million net profit year earlier as revenue fell 10% to S$3.0 million due to weaker USD (charter income denominated in USD). Weak results partly accounted for 71% plunge in FY08 earnings to S$3.8 million; full-year bottomline also hurt by absence of one-off gain, higher operating costs, trading loss of S$7.5 million. "We can expect revenues and operating margins to remain stable over the short term, but earnings are very likely to be affected by forex losses and losses on assets held-for-trading (equities)," says DBS Vickers, which has Sell call, S$0.22 target. Support expected at S$0.40, upper end of consolidation band during January-March period. (FKH)
UNAUDITED FULL YEAR FINANCIAL STATEMENTS AND DIVIDEND ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2008
Rev -44.6%
Profit -71.4%