Wednesday, February 15, 2017 5:11:17 AM
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.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM