Clarkson Share Discussion Threads

[minuteman] 06/9/2007 15:17

Useful dividend coming up aswell

[cambium] 06/9/2007 14:03

nothing to add just thats what happens after results with nothing to get your teeth into, its the bored selling imo

[sambessey] 06/9/2007 13:47

Ok NP :) 10.5 is still very cheap though. Lets hope we see the multiple upped over the coming weeks- I'm looking for 1100p to be established before the end of the year!

Cambium: Care to elaborate?

[cambium] 06/9/2007 11:20

buy the rumour sell the fact

[sambessey] 06/9/2007 11:19

Why the sharp dropoff after strong results?

[sambessey] 06/9/2007 08:23

Minuteman:

What figure are you using for your EPS calculations? I have just checked at I still reckon ~10.5 on a share price of 1000p is correct.

[minuteman] 06/9/2007 06:51

Sambessy

Would PE not be between 7 & 7.5 based on a similar result in H2 at nearly a tenner SP?

[woracle] 05/9/2007 12:39

NET cash at £60M, but about £17M of that is earmarked for those hefty bonus's so far I reckon.

[dorisken] 05/9/2007 12:02

Given such a positive story, eps up 26% etc , the price really should move up over the next few days as the analysts and fund managers get to grips with the Interims. In the meantime I will be buying on any dips in the price.

[sambessey] 05/9/2007 08:27

Yes very nice set of results.
Puts CKN on a P/E of 10.5 (on the current ~1000p SP) if these results are in line with FY results. I wonder if this means we can expect to finally see this consistently trade over the 1000p level?

Personally I think the current financials justify a share price of about 1350p.

Obviously the court case is holding this back, (and I assume it is going to continue for a very long time yet) but if the dollar strengthens towards the end of this year (which could well happen IMO) the BDI holds up, and barring some catastrophe in the markets, I think we could be looking at around 1100p come the end of the year- even with the ongoing court case.

[qs9] 05/9/2007 07:26

Very good results IMO and look at those NET cash balances of over £60m.......

[huwrayhenry] 05/9/2007 07:09

Tim Harris, Chairman said: "The result for the first half was encouraging and
reflected both a strong shipping market and the benefits which are now coming
through from the acquisition of businesses and teams in key business lines.
This solid first half result establishes a good platform for the full year."



Richard Fulford-Smith, Chief Executive Officer of Clarksons commented: "We are
optimistic that 2007 will prove to be a strong year for Clarksons. As a result
of our strategy to increase the spread of our global businesses and the strength
of our forward order book, we are confident that despite turbulence in financial
markets in August, we should produce full year profits in line with management
expectations and continue to grow our position as the world's leading shipping
services group."

[sambessey] 04/9/2007 11:34

Sounds like it should be all quite positive- despite the weak dollar and the legal case.

[iroll] 04/9/2007 11:12

Interim results for the 6 months ending 30 June will be announced on Wednesday 5
September 2007.

[cambium] 04/9/2007 10:31

Its today now

[sambessey] 04/9/2007 10:29

Why is that?

[buzzaldrinsballs] 04/9/2007 10:24

It's tomorrow I'm looking forward to...

[sambessey] 04/9/2007 08:56

Another seller at 980? This really looks like its heading > 1000p again to me.

[sandbank] 03/9/2007 12:29

SAMBESSEY: I'm hoping for a breakout from this sideways channel- as I guess all of us are

[sambessey] 03/9/2007 09:59

Well Mr. 9.60 seems to have cleared his stock and we're still sailing northwards at a rate of knots :)

[cambium] 31/8/2007 18:21

It looks like a seller at 9.60 or so!

[minuteman] 31/8/2007 18:08

possible overhang clear, as moved nicely on thin volume today

[minuteman] 31/8/2007 09:19

about £13 will do!