Clarkson Share Discussion Threads

[happywanderer] 25/2/2005 10:20

Tried to buy some more, message comes up stock suspended on market!!!!

[rivaldo] 25/2/2005 10:09

True hawks11, it'd be nice to see the PDF presentation on the CKN web site as some companies do. Although CKN are getting quite good in this respect - there's copies of the recent IC tip and other bits and pieces on there now.

In the meantime the price is now on a breakout at a new high I believe!

[hawks11] 25/2/2005 09:13

Waiting and hoping for someone to give details of the presentations. Four positive days suggest that there will be steady gains from here, which is what I would expect, but....

[rivaldo] 25/2/2005 08:02

Not a bad start!

[rivaldo] 24/2/2005 17:40

Yep. It's been a while since CKN had one of its 4.00 surges, but today's augurs well for tomorrow.

I'm surprised they didn't issue a trading statement prior to the presentations as they would then have been freer to talk. Evidently what they could say was more than good enough.

[cat] 24/2/2005 15:59

CKN looks like its about to start another serious leg up
Still got target of £11 +

[andrbea] 24/2/2005 10:32

"At one point in 2004, China's voracious appetite for materials for its white hot construction and manufacturing markets tied up 20 percent of the world's bulk shipping capacity. Freight rates on transoceanic shipments soared by some 300 percent. "

[andrbea] 24/2/2005 10:30

"Singapore-listed Noble trades globally a wide variety of industrial and agricultural materials, including iron ore, finished steel, coal and cocoa beans.

Last year saw soaring demand for a broad range of commodities that took prices to levels not seen since the early 1990s.

Freight rates also hit historic highs as ports backed up and shipping lines operated near capacity."

[rivaldo] 24/2/2005 09:07

The Hob Nobs have run out - sell, sell, sell :o))

BDI up all of 2 points yesterday to 4,880 - but VLCC rates have really turned back upwards per Galbraiths' charts. CKN should have been able to tell a very positive story at the presentations.

[yogi] 23/2/2005 23:02

Excellent day on very low volume - may be a T trade coming through. Any feedback from the analysts meetings as yet? March is going to be interesting in the run up to the results.

[sammu] 23/2/2005 18:31

Ooh I'm really excited, this is my first spread betting position.

Sam

[lafiamma] 23/2/2005 16:59

Have a Hob Nob

[nirvs] 23/2/2005 14:54

Looks like the market agrees... ;>)

[rivaldo] 23/2/2005 14:52

Yep. It's taken a little while, but CKN is finally being appreciated for what it is. Cat's £11 target should be within reach assuming these presentations go well and CKN's results are as good as Frontline's and CMB's.....

[nirvs] 23/2/2005 14:36

This is a no-brainer. All the other shipping companies are reporting record profits. CKN will be the same.

Technically: Price is ready to break up thru a reverse Head & Shoulders (as it did when it fell through one in December). This will reach all time highs. Some EW'ers are predicting a rise to £11.00. Fine by me....very long now

[madskt] 23/2/2005 14:30

looks like its going for a 3rd attemp at 800p this year.....

Frontline said they were trading ahead of last years Q1 this morning - very likely that CKN are as well..
I'm wondering if DoQ estimates for 2005 EPS in the header are near the mark...??

[andrbea] 23/2/2005 14:28

cmb completes record year (dd 17 Feb)

[rivaldo] 23/2/2005 14:18

Up 9p now - on a day like this it's looking very promising.

[jgoold] 23/2/2005 08:33

Nice to see CKN opening up with the sea of red elsewhere.

[andrbea] 23/2/2005 07:47

comment from Clarkson on Frontline's results

``China was one of the driving forces behind the increased tanker market,'' said Tim Huxley, head of London-based shipbroker Clarkson Plc's Hong Kong office, in a phone interview. ``Crude imports by China were up 34 percent last year.''

[rivaldo] 23/2/2005 07:42

Probably a quiet start today then as they all went out and got p.ssed :o))

Nobody's mentioned Frontline's results:

This says it all:
"This is the best quarterly results ever recorded by the Company.
Operating income for the quarter was $471.7 million, up from $220.5 million in
the third quarter as the tanker market experienced a continued period of
exceptionally strong rates. The average daily time charter equivalents ("TCEs")
earned in the spot and period market by the Company's VLCCs, Suezmax tankers,
and Suezmax OBO carriers were $111,200, $85,000 and $31,100, respectively,
compared with $67,200, $45,900 and $27,300 respectively in the third quarter of
2004."

[lafiamma] 22/2/2005 22:44

it was just after 4pm when I served up the hash cake...

[doubleorquits] 22/2/2005 22:28

Rivaldo,

Looks as though they started off with the bad news which didn't last long and then followed through with the good news just before 4:30pm. Unless that was when the hob nobs arrived

[yogi] 22/2/2005 22:09

BDI up a further 45 to 4878 - approaching 5000 mark and has had a good average so far in 2005.