Clarkson Share Discussion Threads

[angora7] 11/8/2005 16:30

Spob:
T trades are where the buyer of the shares doesn't put the money up until a later date eg. T10 is 10days after he buys them. So if a buyer sells the shares at a profit before he has to pay for them (say after 5days), he makes a profit and doesn't spend any of his own money. Coming up to results, if a punter thinks the share price is going to go up on results day or soon after, he might buy on a T trade which calls for his money a few days after the results, that way he can sell before his money is due, and make a profit 'no money down'. I think T20 is about the longest you can buy at reasonable rates, so about 20 days before results are due T buyers might start buying, hence Rivaldos comment. Hope that helps.

[andrbea] 11/8/2005 13:57

cp ships report today (earnings)
their outlook:

We expect overall volume for 2005 to be similar to 2004 and average
freight rates to continue to improve in the second half. We are raising our
previous basic earnings per share guidance for 2005 to a range between $1.40
to $1.60 from $1.30 to $1.50. In the TransAtlantic, we expect operating income
to continue to improve, despite higher costs, by building on freight rate
increases achieved in the second quarter and on recent July increases. Our
solid performance is expected to continue in Australasia and Latin America. In
Asia, we expect operating results to improve in the second half with
continuing volume growth although freight rates are unlikely to increase much
and ship network costs will be higher until expensive short-term charters are
replaced. Unit cost increases for the second half are expected to be
relatively modest against the first half. Our cost assumptions include a
higher average fuel price of $233 per tonne (Rotterdam Barges Index) up from
$202 per tonne assumed in first quarter outlook, and average exchange rates of
US$ to Canadian $1.20, Euro 0.77 and GB Pound 0.54. The estimated adverse
impact of the Vancouver truckers strike is included in our earnings guidance.



shipping companies reporting too in India

"The private sector shipping companies, on the other hand, raked in significant increases in profits. "

[spob] 11/8/2005 13:11

Please explain sig' of T trades rivaldo - Not familiar with the significance in this situation ?

[rivaldo] 11/8/2005 09:15

BDI up again, 52 to 1,959. Last year's results were on 1st September, so not long to go. Getting within T trade territory now.

[andrbea] 10/8/2005 17:31

Barry says capesize indices are bouncing
Dry Bulk newsletter dd Aug 8


this article too caught my eye (South Africa):

"The resultant rise in charter rates for bulk carriers of all sizes - particularly the Capesizes - has brought smiles and considerable revenue to shipowners and brokers alike.

However, depending on the terms of the relevant charter party, delays to a ship on charter at tens of thousands of dollars per day, could translate into significant losses!"

[evilwebby] 10/8/2005 17:06

BDI turning up.. but it fell an awfully long way.

[andrbea] 08/8/2005 12:13

clarkson dubai (strategic location) could possibly secure market share in new markets: eg India's planned foray into IT, notably for an offering of shipping freight indices on its commodity exchnges:

"Another interesting area of development that can happen in this year is the permission for Index trading on commodity exchanges. This would help the exchanges to offer commodity indices, weather indices, shipping freight indices and bulk freight indices etc. These Index products have huge potential as it represents different industries, which faces huge risks and due to extensive fluctuations on their fortunes. "

[stromboli2] 08/8/2005 12:00

James111: Thank you. Exciting.

[andrbea] 08/8/2005 11:45

sector interest:
clarkson mentioned:

Many of the tankers, container vessels and other new ships ordered by China are being built locally. In a little over a decade, China has moved from a point where it had a minor share of world shipbuilding to become the third-largest maker behind Japan and South Korea.

Chinese officials say ship production has increased an average 26 per cent annually over the past five years. They expect their industry to have a 25 per cent share of the global market by 2010, up from 14 per cent last year. According to London-based Clarkson, the world's biggest ship-broker, Chinese yards actually won 17 per cent of all new orders by deadweight tonnage last year, with Japan capturing 35 per cent and South Korea 34 per cent.

China can now design and build giant vessels such as 300,000-tonne oil tankers, liquefied natural gas carriers, and liners that can each carry more than 8000 cargo containers. Chinese officials say that just 10 per cent of vessels built in China are for military use. "

[lauders] 06/8/2005 12:53

Thanks for bringing that piece to our attention rivaldo.

Agree about CKN, but then I suppose I am as biased as he is since we are holders ;-)

[rivaldo] 06/8/2005 09:45

Nice mention for CKN in John Lee's FT column today:


"What critics don't appreciate is that one can find international businesses within the small cap sector – and frequently these smaller companies can be world leaders in their sector. I hold several such companies and most have proved fine investments. These include.....Clarksons (£134m) number one in ship broking...."

"These are all superb companies and would certainly command premium prices on any takeovers."

[james111] 05/8/2005 16:18

Stromboli2, interims due 1st sept so not long now, midlle next week we might see a few t20 s, at least I hope so.
along with the chart looking good & as rivaldo says above autumn bounce for the BDI. I feel very content with them!
regards james.

[stromboli2] 05/8/2005 14:55

do you or anyone have a date for interims please.

[rivaldo] 05/8/2005 14:23

The BDI was up yesterday for the first time in ages! Hopefully it's just the usual summer blues with the usual autumn bounce to follow.

Up again today - the chart looks interesting. Seems to have jumped nicely to continue the long-term uptrend. And just before what should be storming interims too.

[rivaldo] 04/8/2005 11:35

10,000 shares bought at £8.20 - nice.

[evilwebby] 02/8/2005 12:15

BDI still nosediving. Sub-1800 now!

[johnrxx99] 01/8/2005 10:39

Someone is playing games trying to short at 500 shares a time.

[rivaldo] 28/7/2005 12:12

More buying today - I suspect the 6k at 817p was a buy from earlier too.

The run-up to the interims seems to be well under way now.

[rivaldo] 27/7/2005 15:12

Hello? :o))

BDI rates are still falling, but VLCC rates have soared in recent weeks, so overall I s'pose rates are a mixed bag at present. But they're still at historically good levels, and CKN should have a storming H1 in the bag to announce.

Happy to hold as the market hopefully re-rates CKN due to its diversification away from the freight rates I and everyone else here keeps going on about! And in the background there's still bid possibilities.

[ddav] 27/7/2005 11:51

ddav


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