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I hear ya!
Hey value: On 5/26 news with 2 extensions, they said they were loading sulphur at that moment. No income from that? Wasn't that part of the new partnerships they mentioned that had no income yet?
You have time. Curious, how can anyone calculate next quarter's eps?
China to cancel domestic iron rights in favor of higher quality foreign iron. Good for Sino business.
http://www.hellenicshippingnews.com/dry-bulk-market-chinese-government-to-cancel-domestic-iron-ore-mining-rights-as-it-focuses-on-higher-quality-iron-ore-imports/
BUT, they plan on opening in several new countries in 2017-2018, which would be more upfront expenses, thus hurting eps everytime they fo it.
Good goal.
I guess we have to think "Amazon". They didnt make money for many years, focusing on revenue.
I was lucky enough to sell at $3.75 (25,000)ah, but my cost average was higher than yours: $2.92. Hard to know what future earnings will be.
So SINO lowered fees to get the higher revenues?
Value: You sure hit it right on previous Perwaja comments and a possible .07 on eps.
It didn't affect the eps?
Nice find.
I agree and I don't know what to expect for coming 10qs.
This is my only link:
http://www.dryships.com/pages/report.php
BDI above 1500 today. Love it.
Yes, it was a strange "teaser" article, limiting pertinent info to get you to "sign up".
I never thought about that.
Seeking Alpha article hit this morning!
Looking forward to it. Thanks fir your efforts.
Nice to see 50 day moving average cross above the 200 day m.a.
Some water inside our unit. The outside is a mess: need a roof, soffits, insulation, downed trees,screens,etc. It will take years to get back to normal. I was born in Florida 66 years ago and have never left during a hurricane.This was the worse because the winds were relentless for a very long time. But everyone in our complex is safe. I thank everyone for their thoughts
It is their own fault.
Great news! Thanks.
Good volume.
(I am safe, but I have penthouse condo on the water. Just a little water intrusion on my unit, buts lots of damage to the common area)
I am in Cape Coral-Ft Myers, Fl. Bracing for Hurricane Irma.
I hope I'm wrong and you are right. I was off by a penny last quarter. Seems like last quarter had a one-time tax gain of about $300,000 which throws figures off. But this 4th quarter will have a completely different one-time gain that should offset it.
I am sticking with earnings of 17 cents for the quarter.49-.50 cents for the year. Thoughts?
Cosco Returns to Profit on Freight Rates, Volumes -- Market Talk
6:44 pm ET August 30, 2017 (Dow Jones) Print
1844 ET - Cosco Shipping, the world's third-biggest container operator, posts a 1.9B yuan ($283M) 1H net profit, versus a CNY7.2B loss a year earlier, as freight rates and cargo volumes are on a steady recovery path. Volumes were up 35% and container freight rates grew around 20%. Container shipping is making a comeback after three years of heavy losses, with growing demand coming in from the US, Europe and China. Cosco, fresh from a $6.3B takeover of Hong Kong rival Orient Overseas Container Lines, is looking to spend at least another $1B in acquisitions as ship assets are still cheap compared with previous upcycles. (costas.paris@wsj.com)
(END) Dow Jones Newswires
China's August PMI 51.7. Above expectations.
Surprise, surprise! Nobody saw the sec investigation coming. Now we got new buyers forgeting that the sec could halt trading at any time (the next surprise).
Value: IWC looking like it bottomed and going higher, but it seems no affect on SINO.
Exactly. Another tricky way to con and dilute investors. Value per share will be going down again.
Looks like your timing of getting back in was quite good.
COSCO Shipping Development Co., the Chinese shipping conglomerate's container leasing arm, has entered into a contract to purchase 154,000 units of second-hand containers from a third party seller, according to multiple news sources.
By Elizabeth Landrum |Thursday, July 13, 2017
China's COSCO Shipping’s container leasing arm, COSCO Shipping Development Co. (CSDC), has agreed to buy 154,000 units of second-hand containers for $200.38 million, according to reports from multiple news sources.
CSDC subsidiary Florens Container Investment has entered into a contract with CLC II to purchase the containers, though the company did not disclose the ultimate owner of CLC II, saying the sellers are third parties independent of the company. The acquisition will be funded by internal resources and external debt financing, said CSDC.
“As the company strives to develop its container leasing business in the long run and become an industry-leading leasing company with unique competitive edge on the basis of the current leasing business, the acquisition is in line with the business of the group and will expand the scale in its container leasing business,” said CSDC in a statement. “In addition, the acquisition would increase the proportion of self-owned containers of the group and ensure that the group’s demand for containers is satisfied."
The latest news follows COSCO Shipping's $6.3 billion blockbuster acquisition of Orient Overseas (International) Limited (OOIL), parent of Hong Kong-based container carrier OOCL, a deal that would give COSCO more than 400 vessels with a capacity exceeding 2.9 million TEUs including orderbook. osco subsidiary invests $200m in container fleet
http://www.americanshipper.com/main/news/cosco-subsidiary-to-invest-200m-in-container-fleet-68095.aspx#hide
Wrong stock.Sorry. Post removed. Short interest dropped by 5,000 on 8/15 report.
IWC trying to make a comeback.
In the mean time, large bids mysteriously appear.(just when it appeared several times support had waned.)
Somebody knows something.
Waiting 4 months for an earnings release seems like a lifetime.