Clarkson Share Discussion Threads

[woracle] 01/3/2007 23:16

Unstoppable BDI..Up another 52 to 4818.

[rivaldo] 01/3/2007 07:41

Or this one. As you say woracle, the indexes are a good indicator - well they certainly are for CKN at the least:

[woracle] 28/2/2007 22:44

This one is better. Up another 61..4765 now. BDI is a great forward predictor of world trade in 18 months time. So suggests world economy will be doing just fine..

[idioterna] 28/2/2007 21:24

Has anyone got an easy to access (and reliable) BDI link? And could we post it in the header please. This is the only one I've got:

[rivaldo] 28/2/2007 07:37

Wow - yesterday the BDI rocketed, up 95 to 4,704....just like old times and hitting new highs again. VLCC rates have also turned upwards.

[rivaldo] 27/2/2007 07:28

The BDI surged again yesterday, up 64 to 4,609.

[ianmckean] 26/2/2007 13:16

Thanks Nick. More likely alzheimers than eyesight!

[nickcduk] 26/2/2007 10:27

I think both of you need to visit specsavers! The results are due out on the 26th March.

[iroll] 26/2/2007 10:25

Clarkson Notice of Results


RNS Number:6801R
Clarkson PLC
22 February 2007





22 February 2007



CLARKSON PLC


NOTICE OF PRELIMINARY RESULTS


Clarkson PLC will be announcing results for the 12 months ended 31 December 2006
on Monday 26 March 2007.


A sell side analyst briefing will be held on the day at 9.30am at the offices of
Clarkson PLC, St. Magnus House, 3 Lower Thames Street, London EC3R 6HE.



Enquiries:


Hudson Sandler 020 7796 4133
Rebecca Ghent






This information is provided by RNS
The company news service from the London Stock Exchange

[chicken] 26/2/2007 10:22

seems strange expected them to be released by now?

[ianmckean] 26/2/2007 10:06

I just added to my stake in the hope of good results. Had expected them to be out now...

[rivaldo] 25/2/2007 17:33

On Friday the BDI shot up again, 89 to 4,545....CKN's 2006 results outlook should be something to behold as the BDI has basically doubled since this time last year.

[greenslug] 23/2/2007 17:30

lowest 875. I'm on a basic subsription and it works for me!

[goatman] 23/2/2007 15:48

Not sure how real the spike to the £8.40 area was. Can you see the trades?

As a non-subscription user I used to be able to see the days' trades. I get a blank white page now. Is it my PC settings, or have ADVFN removed this privilege? It's been like this for quite a whle, now!

TIA

G

[rivaldo] 23/2/2007 15:36

I missed it unfortunately - I blinked! Might still top up though. Nice bounce seems to indicate that people are watching CKN keenly...

[goatman] 23/2/2007 15:20

You're not kidding! LOL

Wonder who bought on that spike down!

G

[andysand] 23/2/2007 12:41

Volatile share isn't it! I have been in for several months so I am getting used to the rollercoaster ride now. Hopefully in the future liquidity will improve.

Looking forward to the results.

Andy

[rivaldo] 23/2/2007 08:46

BDI scorching ahead now, up another 57 yesterday to 4,456.

Even more interestingly, it's the Chinese New Year when you'd expect things to be quiet - when that's finished maybe freight rates will heat up even more.

[rogerbridge] 22/2/2007 22:36

Trading statement would be nice but that would go against past history. Just happy to hold at present.

[goatman] 22/2/2007 13:03

Lloyds have increased their stake to 5.2% from 4.801% last April.

Barclays, though have been reducing.

G

[tanners] 22/2/2007 09:42

Lol.....all that talk of results!

You're quite right......I just had a quick scan back and noted that even when their profits were well ahead in the past, they still never even issued a trading statement, so the lack of one is certainly not necessarily a negative.

With so many positives in their area of operations, I think we're quite entitled to expect some good figures here, and hopefully the market will start to reflect this.

[rivaldo] 22/2/2007 09:35

Bingo! RNS now out confirming results will be on 26th March.

We now know results will be in line +/-10%. My guess is that core profits will be a fair bit better than expectations since the BDI has been so far ahead for H2 - certainly the outlook should be bullish with the continued rise in the BDI in common with GOC's outlook above.

[rivaldo] 22/2/2007 07:42

Tanners, that would be ace, though unexpected as CKN don't make a habit of them...results are due on 26th March per the web site.

The BDI is scooting ahead now, up to 4,399 yesterday...

[tanners] 21/2/2007 20:27

Good find Rivaldo..... a trading statement reflecting some of this would be timely!

[rivaldo] 21/2/2007 07:35

Excellent and encouraging stuff for CKN from GOC's results this morning. These are the best bits (sorry about the formatting, I'm hopeless at it) - the 2007 outlook is pretty bullish:

"Market commentary for 2006

The freight market recovered in the second half of 2006 to unexpected levels and the market has sustained these levels thus far in 2007.

Global demand for commodities and aggregates in general as well as increased
iron ore trade ex world ports to China in addition to increased levels of port
congestion (especially in Australia) pushed freight market higher than first
half of 2006 and asset values even higher.

The following table, generated by Clarkson's Research Department, clearly
illustrates the substantial changes in freight and asset values from the first
half of 2006 compared to the second half.

June 2006 December 2006 Change
1 Year T/C
(daily rates)
1 year t/c Capesize US$36,000 US$63,000 75%
1 year t/c Panamax US$19,000 US$30,750 62%
1 year t/c Handymax US$17,500 US$26,000 50%

Asset values
10 year old Capesize US$38 million US$65 million 71%
10 year old Panamax US$28 million US$40 million 43%
10 year old Handymax US$23 million US$35 million 52%"

"Based on Drewry's latest dry bulk report, 2007 will be characterised by the
following changes based upon latest estimates:

• Dry bulk trade (mtons) increase of 2.8%
• Dry bulk trade (ton miles) increase of 3.3%
• Dry bulk trade (mdwt) increase of 4.9%

By adding to these estimates, the important component of port congestion and the continuous initialisation of new trade routes (due to globalisation), there will be no surprise to see the market moving along new historic highs."