SEACUBE CONTAINERLEASING (fka BOX)

[johnsyn]

Good DD. But why buy new when you can own pre-owned sold at a bankruptcy sale, they just get beat to hell anyway.

[fung_derf]

Well here's a part of your answer....

SeaCube Containers Sales and Trading Group sells, buys and leases intermodal assets that it owns, acquires and finances around the world. Its products include Refrigerated Containers, Steel Dry Containers and Gensets

Looks like used stuff.

[johnsyn]

SeaCube Container Leasing Ltd. to Host Investor and Analyst Event on December 8, 2011
Boc (NYSE:BOX)
Today : Monday 21 November 2011
SeaCube Container Leasing Ltd. (NYSE: BOX), one of the world’s largest lessors of intermodal containers, announced today that it will host an investor and analyst meeting on Thursday, December 8, 2011 at 12:00 p.m. Eastern Time in New York.

The meeting will feature presentations from the Company’s Chief Executive Officer, Joseph Kwok, and Chief Operating and Chief Financial Officer, Steve Bishop. The presentations will include remarks on the Company’s position as one of the world’s top container lessors with the largest market share of refrigerated containers, its leasing and asset strategy, its dividend policy and outlook for 2012. Management will be joined by Jonathan Harrison, Principal of Harrison Consulting, a provider of data, analysis and advisory services to the container industry. Jonathan will provide an overview of the container trade, including growth drivers, current supply/demand fundamentals and outlook for the container leasing industry in 2012.

The presentations will be broadcast live over the Internet and can be accessed on the Investors section of the Company's website at www.seacubecontainers.com. Please allow extra time prior to the presentation to visit the site and download the necessary software required to listen to the internet broadcast. A replay of the presentation will also be available on the company's website for 120 days following the live event.

About SeaCube Container Leasing Ltd.

SeaCube Container Leasing Ltd. is one of the world’s largest container leasing companies based on total assets. Containers are the primary means by which products are shipped internationally because they facilitate the secure and efficient movement of goods via multiple transportation modes, including ships, rail and trucks. The principal activities of our business include the acquisition, leasing, re-leasing and subsequent sale of refrigerated and dry containers and generator sets. We lease our containers primarily under long-term contracts to a diverse group of the world’s leading shipping lines. For more information regarding SeaCube Container Leasing Ltd. please visit www.seacubecontainers.com.

[johnsyn]

A form 4 regarding SeaCube Container Leasing Ltd. has been filed with the United States Securities and Exchange Commission.

[johnsyn]

SeaCube Container Leasing Ltd. has added a news release to its Investor Relations website.

Title: SeaCube Container Leasing Ltd. to Host Investor and Analyst Event on December 8, 2011

Date(s): 21-Nov-2011 8:30 AM


If you are unable to click on the link above, please copy and paste the URL below into a web browser
http://phx.corporate-ir.net/phoenix.zhtml?c=236739&p=irol-news&nyo

[johnsyn]

SEACUBE HAS FILED A NEW 10-Q

[johnsyn]

SeaCube Container Leasing Ltd. Reports Third Quarter 2011 Results
Boc (NYSE:BOX)
Today : Tuesday 8 November 2011
SeaCube Container Leasing Ltd. (SeaCube) (NYSE: BOX), one of the world’s largest lessors of intermodal freight containers, today reported results for the third quarter ended September 30, 2011.

Adjusted net income(1) was $11.1 million for the third quarter of 2011 compared to $8.6 million in the third quarter of 2010, an increase of 30%. For the third quarter of 2011, adjusted net income per diluted common share was $0.55. The Company focuses on adjusted net income because it excludes the impact of non-cash interest expense and non-recurring items that are unrelated to the operating performance of the business.

Total revenue was $45.2 million for the third quarter of 2011 compared to $34.5 million for the third quarter of 2010, an increase of 31%. Utilization continued to be strong with average third quarter utilization of 98.2%. Adjusted EBITDA(1) was $61.6 million for the third quarter of 2011, compared to $53.2 million in the third quarter of 2010.

The Company reported net income of $8.8 million for the third quarter of 2011 compared to $4.8 million for the third quarter of 2010. Net income per diluted common share was $0.44 for the third quarter of 2011, compared to $0.29 for the third quarter of 2010.

Joseph Kwok, Chief Executive Officer of SeaCube, commented, “SeaCube once again achieved strong quarterly revenue and earnings growth, as we continued to expand our fleet of new containers. Year-to-date 2011, we have invested over $476 million in new equipment, more than twice our investment last year. For the remainder of this year and into 2012, we remain well positioned to benefit from these investments as well as our significant contracted revenue stream and market leadership in refrigerated container leasing.”

Mr. Kwok concluded, “We are pleased to declare our fifth consecutive dividend since going public in November 2010. Our cumulative dividends are now $1.12 per share. We plan on continuing to create shareholder value by distributing dividends as well as by growing our revenues, earnings and cash by investing in new containers. Our recent $250 million offering of Fixed Rate Secured Notes, which were rated “A” by Standard & Poor’s and well received by the financial community, has served to further strengthen our balance sheet.

Adjusted net income(1) was $30.8 million for the nine months ended September 30, 2011, compared to $25.4 million for the nine months ended September 30, 2010. For the nine months ended September 30, 2011, adjusted net income per diluted common share was $1.53.

Total revenue was $122.8 million for the nine months ended September 30, 2011 compared to $101.3 million for the nine months ended September 30, 2010. Adjusted EBITDA(1) was $175.2 million for the nine months ended September 30, 2011 compared to $158.2 million for the nine months ended September 30, 2010.

The Company reported net income of $27.2 million for the nine months ended September 30, 2011 compared to $19.4 million for the nine months ended September 30, 2010. Net income per diluted common share was $1.35 for the nine months ended September 30, 2011 compared to $1.19 for the nine months ended September 30, 2010.

Dividend

On November 8, 2011, the Company’s Board of Directors approved and declared a $0.24 per share cash dividend on its issued and outstanding common shares, payable on December 15, 2011 to shareholders of record at the close of business on December 8, 2011.

Investors' Conference Call

In connection with this earnings release, management will host an earnings conference call and webcast on Wednesday, November 9, 2011 at 10:00 a.m. Eastern time. The live conference call may be accessed by dialing 1-866-347-8894 (from within the U.S.) or 1-706-643-5328 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference "SeaCube Third Quarter Earnings Call." A simultaneous webcast of the conference call with an accompanying slide presentation will be available to the public at www.seacubecontainers.com. A telephonic replay of the conference call will be available until 11:59 p.m. on Friday, November 18, 2011 by dialing 1-855-859-2056 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference access code "20448086."

About SeaCube Container Leasing Ltd.

SeaCube Container Leasing Ltd. is one of the world’s largest container leasing companies based on total assets. Containers are the primary means by which products are shipped internationally because they facilitate the secure and efficient movement of goods via multiple transportation modes, including ships, rail and trucks. The principal activities of our business include the acquisition, leasing, re-leasing and subsequent sale of refrigerated and dry containers and generator sets. We lease our containers primarily under long-term contracts to a diverse group of the world’s leading shipping lines. As of September 30, 2011, we employed 74 people in seven offices worldwide and had total assets of $1.4 billion. We own or manage a fleet of 567,392 units, representing 894,248 twenty-foot equivalent units (TEUs) of containers and generator sets.

[johnsyn]

SeaCube Container Leasing Ltd. Announces Closing of $250 Million “A” Rated Fixed Rate Secured Notes
Boc (NYSE:BOX)
Today : Thursday 3 November 2011
SeaCube Container Leasing Ltd. (NYSE: BOX) announced today that its indirect wholly owned subsidiary, CLI Funding V LLC ("CLIF V”) successfully completed its offering of $250,000,000 Series 2011-2 Fixed Rate Secured Notes ("Series 2011-2 Notes") on November 3, 2011. The Series 2011-2 Notes were rated "A" by Standard & Poor's and have an interest rate of 4.94%. CLIF V will use the net proceeds of the offering for container purchases and other general business purposes.

Joseph Kwok, Chief Executive Officer of SeaCube, commented, "We are pleased by the financial community’s positive response to SeaCube’s second offering of secured notes in 2011. The successful offering further increases the Company’s available capital and highlights its stable business model and attractive future prospects. This transaction will further support SeaCube’s plans for continued fleet expansion and earnings growth.”

The notes were offered within the United States only to qualified institutional investors pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and to persons outside the United States in compliance with Regulation S under the Securities Act. The notes have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful

About SeaCube Container Leasing Ltd.

SeaCube Container Leasing Ltd. is one of the world’s largest container leasing companies based on total assets. Containers are the primary means by which products are shipped internationally because they facilitate the secure and efficient movement of goods via multiple transportation modes, including ships, rail and trucks. The principal activities of our business include the acquisition, leasing, re-leasing and subsequent sale of refrigerated and dry containers and generator sets. We lease our containers primarily under long-term contracts to a diverse group of the world’s leading shipping lines. For more information regarding SeaCube Container Leasing Ltd. please visit www.seacubecontainers.com.

[johnsyn]

SeaCube Container Leasing Ltd. Announces Date for Release of Third Quarter Results and Conference Call
Boc (NYSE:BOX)
Today : Tuesday 18 October 2011
SeaCube Container Leasing Ltd. (SeaCube) (NYSE: BOX), one of the world’s largest lessors of intermodal freight containers, announced today that it will release its results for the third quarter ended September 30, 2011 on November 8, 2011 after the market closes. A copy of the earnings release will be available in the Investor section of SeaCube’s website www.seacubecontainers.com.

In addition, management will host a conference call and webcast on Wednesday, November 9, 2011 at 10:00 a.m (Eastern Time). The live conference call may be accessed by dialing 1-866-347-8894 (from within the U.S.) or 1-706-643-5328 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference "SeaCube Third Quarter Earnings Call."

A simultaneous webcast of the conference call with an accompanying slide presentation will be available to the public at www.seacubecontainers.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

A telephonic replay of the conference call will also be available until 11:59 p.m. on Friday, November 18, 2011 by dialing 1-855-859-2056 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference access code "20448086."

About SeaCube

SeaCube is one of largest container leasing companies in the world. The Company leases its containers and generator sets primarily under long-term contracts to the world's leading shipping lines. For more information regarding SeaCube Container Leasing Ltd. please visit www.seacubecontainers.com.

[johnsyn]

another green friday.

[johnsyn]

about time we had a green day.

[johnsyn]

SeaCube Container Leasing Ltd. to Present at the 2011 Citi Industrials Conference
Boc (NYSE:BOX)
Intraday Stock Chart
Today : Tuesday 13 September 2011
SeaCube Container Leasing Ltd. (SeaCube) (NYSE: BOX), one of the world's largest lessors of intermodal freight containers, today announced that the Company’s Chief Operating and Chief Financial Officer, Steve Bishop, is scheduled to present at the 2011 Citi Industrials Conference on Wednesday, September 21, 2011 at 3:55 p.m. ET.

The presentation will be broadcast live over the Internet and can be accessed on the Investors section of the Company’s website at www.seacubecontainers.com. Please allow extra time prior to the presentation to visit the site and download the necessary software required to listen to the internet broadcast. A replay of the presentation will also be available on the company's website for 90 days following the live event.

About SeaCube

SeaCube Container Leasing Ltd. is one of the world’s largest container leasing companies based on total assets. Containers are the primary means by which products are shipped internationally because they facilitate the secure and efficient movement of goods via multiple transportation modes, including ships, rail and trucks. The principal activities of our business include the acquisition, leasing, re-leasing and subsequent sale of refrigerated and dry containers and generator sets. We lease our containers primarily under long-term contracts to a diverse group of the world’s leading shipping lines. For more information regarding SeaCube Container Leasing Ltd. please visit www.seacubecontainers.com.

[johnsyn]

For QTR 2, 2011, adjusted net income was year-over-year increase of 30%!

[johnsyn]

SeaCube Container Leasing Ltd. to Present at the Jefferies 2011 Global Shipping Conference
Boc (NYSE:BOX)
Intraday Stock Chart
Today : Wednesday 24 August 2011
SeaCube Container Leasing Ltd. (SeaCube) (NYSE: BOX), one of the world's largest lessors of intermodal freight containers, today announced that the Company’s Chief Operating and Chief Financial Officer, Steve Bishop, is scheduled to present at the Jefferies 2011 Global Shipping Conference on Wednesday, September 7, 2011 at 11:30 a.m. ET.

The presentation will be broadcast live over the Internet and can be accessed on the Investors section of the Company’s website at www.seacubecontainers.com. Please allow extra time prior to the presentation to visit the site and download the necessary software required to listen to the internet broadcast. A replay of the presentation will also be available on the company's website for 90 days following the live event.

[johnsyn]

ZACK'S GIVES BOX TARGET PRICE OF $18.60
This was back on 4 Aug, before market dumped, probably have them back on BUY, now.

http://www.stockrants.com/2011/08/04/seacube-contain-box-downgraded-by-zacks-to-neutral.html

[johnsyn]

BOX RAISES IT'S QTRLY DIVIDEND TO $.24
August 09, 2011 06:04 PM Eastern Daylight Time
SeaCube Container Leasing Ltd. Reports Second Quarter 2011 Results
Second Quarter 2011 and Year-to-Date Highlights

•For the second quarter, adjusted net income was $10.4 million, a year-over-year increase of 30%. Adjusted net income per diluted common share was $0.51. Net income was $9.4 million.
•Declared a dividend of $0.24 per share, representing a 9% increase from the previous quarter’s dividend.
•Total revenue was $40.8 million for the second quarter, a year-over-year increase of 21%.
•Average utilization was 98.6% for the second quarter.
•Ordered approximately $400 million in new equipment for delivery through November 2011; 90% is committed to long-term leases.
PARK RIDGE, N.J.--(BUSINESS WIRE)--SeaCube Container Leasing Ltd (SeaCube) (NYSE: BOX), one of the world’s largest lessors of intermodal freight containers, today reported results for the second quarter ended June 30, 2011.

Adjusted net income(1) was $10.4 million for the second quarter of 2011 compared to $8.0 million in the second quarter of 2010, an increase of 30%. For the second quarter of 2011, adjusted net income per diluted common share was $0.51. The Company focuses on adjusted net income because it excludes the impact of non-cash interest expense and non-recurring items that are unrelated to the operating performance of the business.

Total revenue was $40.8 million for the second quarter of 2011 compared to $33.6 million for the second quarter of 2010, an increase of 21%. Utilization continues to be strong with average second quarter utilization of 98.6%. Adjusted EBITDA(1) was $60.8 million for the second quarter of 2011, compared to $53.0 million in the second quarter of 2010.

The Company reported net income of $9.4 million for the second quarter of 2011 compared to $7.3 million for the second quarter of 2010. Net income per diluted common share was $0.47 for the second quarter of 2011, compared to $0.45 for the second quarter of 2010.

Joseph Kwok, Chief Executive Officer of SeaCube, commented, “SeaCube generated strong revenue and earnings growth in the second quarter, as we continued to benefit from our investments in new containers. In 2011 year-to-date, we have ordered approximately $400 million of new equipment, surpassing the amount we invested in 2010 and our original plan for 2011. Consistent with our strategy of maintaining strong utilization, 90% of the new containers are already committed to long-term leases.”

Mr. Kwok continued, “As we progress through the second half of the year, SeaCube remains well positioned to continue to achieve strong year-over-year revenue and earnings growth. Our year-to-date investment of $400 million is expected to be completed by November, and we will continue to make investments that are in the best interests of our shareholders. Our primary focus will be on the refrigerated container market, enabling the Company to take advantage of favorable sector fundamentals and further solidify its position as the largest lessor of refrigerated containers.”

Mr. Kwok concluded, “Based on our strong results for the second quarter, our Board of Directors declared a dividend of $0.24 per share, which is an increase of 9%. Since going public in November 2010, this is the second time SeaCube has raised its dividend and we have declared cumulative dividends of $0.88 per share.”

Adjusted net income(1) was $19.6 million for the six months ended June 30, 2011, compared to $16.8 million for the six months ended June 30, 2010. For the six months ended June 30, 2011, adjusted net income per diluted common share was $0.98.

Total revenue was $77.6 million for the six months ended June 30, 2011 compared to $66.8 million for the six months ended June 30, 2010. Adjusted EBITDA(1) was $113.6 million for the six months ended June 30, 2011 compared to $105.1 million for the six months ended June 30, 2010.

The Company reported net income of $18.4 million for the six months ended June 30, 2011 compared to $14.5 million for the six months ended June 30, 2010. Net income per diluted common share was $0.91 for the six months ended June 30, 2011 compared to $0.90 for the six months ended June 30, 2010.

Dividend

On August 9, 2011, the Company’s Board of Directors approved and declared a $0.24 per share cash dividend on its issued and outstanding common shares, payable on October 14, 2011 to shareholders of record at the close of business on October 7, 2011.

Investors' Conference Call

In connection with this earnings release, management will host an earnings conference call and webcast on Wednesday, August 10, 2011 at 10:00 a.m. Eastern time. The live conference call may be accessed by dialing 1-866-347-8894 (from within the U.S.) or 1-706-643-5328 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference "SeaCube Second Quarter Earnings Call." A simultaneous webcast of the conference call with an accompanying slide presentation will be available to the public at www.seacubecontainers.com. A telephonic replay of the conference call will be available until 11:59 p.m. on Friday, August 19, 2011 by dialing 1-855-859-2056 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference access code "85088495."

About SeaCube Container Leasing Ltd.

SeaCube Container Leasing Ltd. is one of the world’s largest container leasing companies based on total assets. Containers are the primary means by which products are shipped internationally because they facilitate the secure and efficient movement of goods via multiple transportation modes, including ships, rail and trucks. The principal activities of our business include the acquisition, leasing, re-leasing and subsequent sale of refrigerated and dry containers and generator sets. We lease our containers primarily under long-term contracts to a diverse group of the world’s leading shipping lines. As of June 30, 2011, we employed 76 people in seven offices worldwide and had total assets of $1.4 billion. We own or manage a fleet of 558,294 units, representing 878,397 twenty-foot equivalent units (TEUs) of containers and generator sets.

[johnsyn]

Picked up .56/share today. Nice finish.

[johnsyn]

ZACK'S GIVES BOX TARGET PRICE OF $18.60
This was back on 4 Aug, before market dumped, probably have them back on BUY, now.

http://www.stockrants.com/2011/08/04/seacube-contain-box-downgraded-by-zacks-to-neutral.html

[johnsyn]

looked over the list again (after a nice nap)- average stock listed was brought down $2, one they actually forecast target 50 cents lower. I can only assume they are "analyzing" the financials as the companies submit them to the SEC, on what they think the company is worth. IMO, it's NOT like when Zack's, etc. does a miss on EPS. Cannot imagine downgrading a growth.

[johnsyn]

Not that I could find. Schwab posts it and I can't copy from their news. Usually try to hunt down, with no avail. All the MM's sit there and constantly change target prices, there was a whole slew of stocks they changed target prices on-IMO, to usually manipulate the market. I didn't see any upgrades in the list for once, again I am guessing only, they probably are counting in a slow recovery from these market slides, doesn't have anything to do with company performance, just to save face when stock doesn't reach their target price. I wouldn't get too concerned by it, even $16 looks good right now, and if BOX picks up steam, they'll change it again.

[stockguy1234]

any reason why?

[johnsyn]

JP MORGAN SETS BOX TARGET PRICE OF $16 (down from $18)

[johnsyn]

not for me (panic)-even though I question my hubbie's moto that the market goes up, it goes down, it always goes up again. He'd rather ride it out on all. I did a couple of sells on the downswings in past. It was roll of the dice by selling on the downfall. Some stocks turned around and haven't ever picked them back up. Now everything is so volatile, I'm hanging on the best Divies such as BOX and riding it, stocks that pay just above treasury bonds I try to sell and re-buy.

[stockguy1234]

patience is the key. the word will get out, dividend policies & payments will become wider known. IMO it is panic time for the general market-

[johnsyn]

only partially agree. They just paid the Divie 15 July, next Divie Oct- it didn't seem to matter in the panic today. Agree it got burned Monday. Left the long-term believers holding today.

[stockguy1234]

positive news but with the general market down it will carry BOX down with it.

dividends will attract investors to hold and attract new investors to buy-smart move by management under these difficult investment times

[johnsyn]

SEACUBE(BOX)DECLARES $.24 DIVIDEND PAYABLE OCT, UP 9%.

[johnsyn]

SEACUBE ADJUSTED NET UP 30% OVER QTR2 2010
DECLARES $.24 DIVIDEND payable OctSeaCube Container Leasing Ltd. Reports Second Quarter 2011 Results
Boc (NYSE:BOX)
Intraday Stock Chart
Today : Wednesday 10 August 2011
SeaCube Container Leasing Ltd (SeaCube) (NYSE: BOX), one of the world’s largest lessors of intermodal freight containers, today reported results for the second quarter ended June 30, 2011.

Adjusted net income(1) was $10.4 million for the second quarter of 2011 compared to $8.0 million in the second quarter of 2010, an increase of 30%. For the second quarter of 2011, adjusted net income per diluted common share was $0.51. The Company focuses on adjusted net income because it excludes the impact of non-cash interest expense and non-recurring items that are unrelated to the operating performance of the business.

Total revenue was $40.8 million for the second quarter of 2011 compared to $33.6 million for the second quarter of 2010, an increase of 21%. Utilization continues to be strong with average second quarter utilization of 98.6%. Adjusted EBITDA(1) was $60.8 million for the second quarter of 2011, compared to $53.0 million in the second quarter of 2010.

The Company reported net income of $9.4 million for the second quarter of 2011 compared to $7.3 million for the second quarter of 2010. Net income per diluted common share was $0.47 for the second quarter of 2011, compared to $0.45 for the second quarter of 2010.

Joseph Kwok, Chief Executive Officer of SeaCube, commented, “SeaCube generated strong revenue and earnings growth in the second quarter, as we continued to benefit from our investments in new containers. In 2011 year-to-date, we have ordered approximately $400 million of new equipment, surpassing the amount we invested in 2010 and our original plan for 2011. Consistent with our strategy of maintaining strong utilization, 90% of the new containers are already committed to long-term leases.”

Mr. Kwok continued, “As we progress through the second half of the year, SeaCube remains well positioned to continue to achieve strong year-over-year revenue and earnings growth. Our year-to-date investment of $400 million is expected to be completed by November, and we will continue to make investments that are in the best interests of our shareholders. Our primary focus will be on the refrigerated container market, enabling the Company to take advantage of favorable sector fundamentals and further solidify its position as the largest lessor of refrigerated containers.”

Mr. Kwok concluded, “Based on our strong results for the second quarter, our Board of Directors declared a dividend of $0.24 per share, which is an increase of 9%. Since going public in November 2010, this is the second time SeaCube has raised its dividend and we have declared cumulative dividends of $0.88 per share.” Adjusted net income(1) was $19.6 million for the six months ended June 30, 2011, compared to $16.8 million for the six months ended June 30, 2010. For the six months ended June 30, 2011, adjusted net income per diluted common share was $0.98.

Total revenue was $77.6 million for the six months ended June 30, 2011 compared to $66.8 million for the six months ended June 30, 2010. Adjusted EBITDA(1) was $113.6 million for the six months ended June 30, 2011 compared to $105.1 million for the six months ended June 30, 2010.

The Company reported net income of $18.4 million for the six months ended June 30, 2011 compared to $14.5 million for the six months ended June 30, 2010. Net income per diluted common share was $0.91 for the six months ended June 30, 2011 compared to $0.90 for the six months ended June 30, 2010.

Dividend

On August 9, 2011, the Company’s Board of Directors approved and declared a $0.24 per share cash dividend on its issued and outstanding common shares, payable on October 14, 2011 to shareholders of record at the close of business on October 7, 2011.

Investors' Conference Call

In connection with this earnings release, management will host an earnings conference call and webcast on Wednesday, August 10, 2011 at 10:00 a.m. Eastern time. The live conference call may be accessed by dialing 1-866-347-8894 (from within the U.S.) or 1-706-643-5328 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference "SeaCube Second Quarter Earnings Call." A simultaneous webcast of the conference call with an accompanying slide presentation will be available to the public at www.seacubecontainers.com. A telephonic replay of the conference call will be available until 11:59 p.m. on Friday, August 19, 2011 by dialing 1-855-859-2056 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference access code "85088495."

[johnsyn]

The freight carrier companies are the ones that are primarily losing money- the containers will continue to be a boon, especially since the Japan quake. Too many of the shipping companies have ships that are too big for a lot of ports, so they have to keep a good inventory of different class ships, so they don't lose money from using smaller ships when port can handle bigger ones. Now that Brazil is about to takeover France and Britain as the 5th largest economy and China is about to become Brazil's biggest customer for beef, iron ore, mfr goods, China has their own ships. Need containers, both dry and refrig.

[stockguy1234]

agree-plus IMO business will pick up with the economy so you get paid while you wait

[johnsyn]

good for you, I got into it early this year because of the nice dividend, (presently averages out to 6.18%) greater than Textainer's. They just paid out $.22 per share, July 15th, which is the 2nd time in a row, used to be $.20. A lot of shipping companies have gone under, like Diana, since goods coming from Japan had slowed, and was their main business. A lot of people still shy from it because it is so new. Anyway, better return than a bank, for sure.

[stockguy1234]

nice find-have just added

[johnsyn]

SeaCube Container Leasing Ltd. Announces Date for Release of Second Quarter Results and Conference Call PARK RIDGE, N.J.--(BUSINESS WIRE)--SeaCube Container Leasing Ltd. (SeaCube) (NYSE: BOX), one of the world’s largest lessors of intermodal freight containers, announced today that it will release its results for the second quarter ended June 30, 2011 on August 9, 2011 after the market closes. A copy of the earnings release will be available in the Investor section of SeaCube’s website www.seacubecontainers.com.

In addition, management will host a conference call and webcast on Wednesday, August 10, 2011 at 10:00 a.m (Eastern Time). The live conference call may be accessed by dialing 1-866-347-8894 (from within the U.S.) or 1-706-643-5328 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference "SeaCube Second Quarter Earnings Call."

A simultaneous webcast of the conference call with an accompanying slide presentation will be available to the public at www.seacubecontainers.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

A telephonic replay of the conference call will also be available until 11:59 p.m. on Friday, August 19, 2011 by dialing 1-855-859-2056 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference access code "85088495."

About SeaCube

SeaCube is one of largest container leasing companies in the world. The Company leases its containers and generator sets primarily under long-term contracts to the world's leading shipping lines. For more information regarding SeaCube Container Leasing Ltd. please visit www.seacubecontainers.com.


Contacts
SeaCube Container Leasing Ltd.
Investors:
David Doorley, 201-391-0800

[johnsyn]

Zacks #1 Rank (strong buy)SeaCube Container Leasing Limited By: Tracey Ryniec ZACKS
July 12, 2011 BOX SeaCube Container Leasing Limited (BOX - Snapshot Report) is cashing in on the hot container leasing environment. This Zacks #1 Rank (strong buy) is super cheap, with a forward P/E of only 7.8.SeaCube is one of the largest container leasing companies in the world and offers long-term contracts to many of the big shipping lines. It owns or manages 553,130 units, equivalent to about 870,000 TEUs of containers and generator sets.

The containers consist of both refrigerated and dry containers. It has 7 offices worldwide.

Revenue Rose 10.9% in the First Quarter

On May 10, SeaCube reported its first quarter results and saw revenue jump to $36.8 million from $33.2 million in the first quarter of 2010.

Utilization is nearly as high as it can be- with an average of 98.5% in the quarter.

In 2010, there was a shortage of containers worldwide as demand picked up but containers were not delivered to companies during the recession. The containers have been rushing to catch up ever since.

SeaCube ordered more than $316 million in new equipment for delivery though June 2011. 85% of that is already committed to long-term leases.Big Dividend
SeaCube has been returning cash to shareholders. It will pay a 22 cents per share on July 15 to shareholders of record at the close of business on July 8.

This is the third quarter it has paid a dividend and the second quarter in a row it has paid 22 cents per share.

That is a dividend yield of 5.3%, which is larger than peer Textainer Group (TGH - Snapshot Report) at 4.1%.

Zacks Consensus Estimates Rise

Analysts have been bullish on SeaCube's prospects for 2011 and 2012 in the last 60 days.The 2011 Zacks Consensus Estimate has risen to $2.13 from $2.04 per share in that time.

Analysts are looking for 14% earnings growth in 2012, with the Zacks Consensus jumping to $2.43 from $2.21 per share in the last 2 months.

SeaCube is expected to report second quarter results on Aug 9 so we'll get a better read on the global economy, and the strength of the container business, then.

SeaCube Is Cheap
SeaCube has only been a public company since late 2010. In that time, however, shares have moved sharply higher.

Even with the rise in the share price, SeaCube still has attractive valuations.

In addition to a forward P/E of just 7.8, it also has a price-to-book ratio of 1.7. Normally, a P/B ratio under 3.0 would designate "value."

Additionally, the company has a return on equity (ROE) of 17.2%.With SeaCube at single digit valuations, its a cheap play on global growth. It's juicy 5.3% dividend yield isn't shabby either.

Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Turnaround Trader and Insider Trader services. You can follow her at twitter.com/traceyryniec.


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