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Re: knrorrel post# 1419

Wednesday, 02/15/2017 5:11:17 AM

Wednesday, February 15, 2017 5:11:17 AM

Post# of 3668
Clearly two-digit or more. imo. i was very careful a few days before earnings due this quarter had an history of weakness and 2016 affected by worsening market conditions in the shipping industry. once a big beats hits (EPS increased 30%), i have no doubt that 2017 will be HUGE. while company doesn't holds long term debt and profit margin surging, current price is definately a gift. Clear and Simple.

Shipping Industry PE is 248.40 (and all shippers, dip in loss and hold debt too). on 1/10 PE Industry ,That's $12-$13 PPS.

Company signed two significant agreements with COSCO and Sinotrans in December 2016. (we are talking about one of largest
 shipping agency in the World
, more info about COSCO, below). SINO is their Gate to America. Pursuant agreements, SINO will receive a percentage of the total amount of each transportation fee for the arrangement of inland transportation services shipments into U.S. ports. In December 2016, the Company Also completed the development of full-service logistics platform, and a website portal to seamlessly connect shipping customers with short-haul trucking transportation services throughout the U.S. now accessible through the Company’s website.

COSCO Shipping Company, Ltd. establishes Joint Venture separately in the Netherlands and in the U.S.A.

* Cosco Recently Raised $1.8bln Capital

* COSCO Shipping Buys Shanghai Rural Commercial Bank SRCB

* With a total of 105 oil tankers, including nine liquefied natural gas carriers and a deadweight tonnage of 17.04 million, the new company has the world's biggest fleet of oil tankers and the largest transport capacity of its kind.


My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.