Share Name Share Symbol Market Type Share ISIN Share Description
Clarkson Plc LSE:CKN London Ordinary Share GB0002018363 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +20.00p +0.77% 2,630.00p 2,625.00p 2,630.00p 2,690.00p 2,630.00p 2,675.00p 4,015 12:58:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 337.6 42.9 98.8 26.6 798

Clarkson Share Discussion Threads

Showing 4726 to 4748 of 5125 messages
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DateSubjectAuthorDiscuss
25/8/2010
08:39
Excellent results - back in today. CR
cockneyrebel
25/8/2010
08:26
Stunning results Bought in at the open at 902 - the only trade! Already hold BMS GL - SJ
sailing john
25/8/2010
07:35
RNS Number : 5791R Clarkson PLC 25 August 2010 ? 25 August 2010 Clarkson PLC UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2010 Clarkson PLC ('Clarksons') is the world's leading integrated shipping services group. Through our 27 offices on five continents we play a vital intermediary role in the movement of the majority of commodities around the world. Summary � Revenue up 14% to GBP101.0m (2009: GBP88.9m) reflecting improved market conditions in shipping as a result of increased international trade � Operating profit increased by 62% to GBP18.8m (2009: GBP11.6m) � Profit before taxation up 49% to GBP16.7m (2009: GBP11.2m) � Basic earnings per share up 58% to 66.7p (2009: 42.1p) � 6% increase in interim dividend to 17p per share (2009: 16p per share) � The successful launch and first trade of the Container Freight Swap Agreement, an innovative new risk management product developed by Clarkson Securities Andi Case, Chief Executive of Clarksons commented: "Uncertainty remains as to the speed and sustainability of global economic and trade growth. Nevertheless Clarksons has produced a strong set of results, ahead of the board's expectations, for the first six months of 2010. These results reflect the hard work that our team has undertaken."
welsheagle
15/7/2010
12:19
Greece's deficit was down 42% in H1 and 60% in June despite falling GDP, which puts it below a lot of others now. If they can do it, I don't see why the rest can't and most European countrioes have sharp cuts in place. I always said it was overblown by the media. Since when have our politicians and newspaper financial pundits forecast anything right? We have cut deficits back this hard before - from 85-89 and again from 1998-2001 so it is not new. Stockmarkets did very well each time, at least for a couple of years, and shares are arguably cheaper this time because of all the double-dip scaremongering. China has been buying Greek and Spanish debt recently which will help relations greatly, and they have a lot of firepower. The USA hasn't done itself any favours with them letting its hedge funds short everything European, and its own debt was recently downgraded. It needs to look at its own deficits. I think WWIII is being fought in financial markets and the USA is losing as Europe turns to face East
aleman
15/7/2010
10:46
Aleman - I am very confused by the current situation, much of the news seems to point towards a double dip recession whilst other things point to a continuing recovery. My real concern is that the banking sector problems have only been deferred not solved and the whole thing can only really be cleansed by a full blown crash followed by hyperinflation. Some major sovereign debt defaults for example. But that might be months or many years away, who knows? I am certainly in the market double bottom camp though and CKN is one of the shares most exposed to a downturn if there is one. Just as an aside, how can air freight be booming? Who is buying what I wonder? Is it BP sending stuff to the Gulf of Mexico?
kibes
15/7/2010
09:07
http://www.economist.com/blogs/newsbook/2010/07/shipping_rates_slump These ships take around three years to come onstream. Despite the cancellation of some orders the flow of new ships is now in full flow: in the first half of this year the global fleet increased by 23% as new vessels came into service at the rate of 16 a month. There are now 23 such vessels arriving each month, adding to oversupply. Other freight indicators are less negative than the Baltic Dry. Container-shipping rates are holding pretty steady as companies decide to accept a lull in traffic rather than cut rates to stimulate demand. And according to the International Air Transport Association air freight is booming, up by 34% year-on-year in May.
aleman
15/7/2010
08:12
JTCod - I can't understand why CKN is still at 900p with the collapse of the Baltic Dry Index. But container movements hit 6th busiest week ever? Conflicting messages, no idea what's going on I'm afraid but I'm just wondering about opening a short position on CKN. I'm waiting for it to get a sudden sharp move downwards sub-800p first.
kibes
12/7/2010
13:19
Sharp rise in US rail freight as container movements hit 6th busiest week ever. http://www.aar.org/newsandevents/freightrailtraffic/2010-07-08-railtraffic.aspx
aleman
11/7/2010
19:32
Investor's Chronicle this week says business is picking up.
welsheagle
11/7/2010
11:41
I would be interested to hear any thoughts on the sharp drop in the Baltic Dry Index over recent weeks. CKN and BMS are still reporting good business levels. Are we about to see profits warnings in the sector or is this just a blip perhaps? http://investmenttools.com/futures/bdi_baltic_dry_index.htm
jtcod
30/6/2010
07:31
RNS Number : 4703O Clarkson PLC 30 June 2010 ? 30 June 2010 Clarkson PLC Pre-Close Trading Update Prior to entering its close period on 30 June 2009, Clarkson PLC the world's leading shipping services group, is today providing the following update on trading. The steady improvement in our trading environment, reported at the time of our Interim Management Statement on 12 May 2010, has continued. Whilst shipping markets are recovering at differing rates, we have been pleased to see further positive signs across a number of our markets. These trends, augmented by the movement in the value of Sterling against the US dollar, mean that trading for the six months to 30 June 2010 is ahead of the Board's expectations.
welsheagle
24/6/2010
08:30
Current trading Trading across the Group is increasingly robust as the market improves. ACM's global offices are performing well, and the Board looks forward to the integration of Endeavour to further broaden the Group's offering. Despite the challenging period that the sector has experienced, the Group is ideally positioned to capitalise on the upturn in the market. With global oil demand regaining strength, and tanker demand increasing, particularly in the Far East, the prospects for ACM remain strong.
aleman
17/6/2010
09:44
http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=943 "Virtually all of the ocean carriers now seem to accept that there will not be a relapse into a second-dip recession nor an end to the growth," Hackett Associates founder Ben Hackett said, noting that many shipping companies have recently restored services and capacity that had been cut back. "Not a day goes by without a new announcement of additional services or re-instatement of services that had been withdrawn."
aleman
31/5/2010
19:30
From May's 'Company Refs', when price was 950p:- a/ Prospective PE ratio of 9.89 (based on four broker forecasts, three recommending 'Buy', and one recommending 'Add'). b/ Forecast growth in eps of 4.26%. c/ Dividend of 4.65%. d/ Two directors buying recently. e/ Net asset value per share of 510p. f/ Net cash per share of 754p. g/ Price to sales ratio of 1.01. h/ Turnover up from 82.4m to 177m in last six years.
welsheagle
24/5/2010
16:37
US retail container imports develop a growth trend in 2010 after a weak 2009. http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=925
aleman
12/5/2010
19:55
RNS Number : 7722L Clarkson PLC 12 May 2010 12 May 2010 CLARKSON PLC ("Clarksons") AGM and Interim Management Statement Clarksons, the world's leading shipping services group, today announces its Interim Management Statement published in accordance with the UK Listing Authority's Disclosure and Transparency Rules, for the period from 1 January 2010 to 12 May 2010. At the Annual General Meeting to be held in London today, Bob Benton, Chairman of Clarksons, will make the following statement: Trading As noted at the time of our year end results in March, we have experienced steady improvements in the trading environment since the beginning of the year. While the Broking segment has performed better than expected, overall at this point trading for the year is in line with the Board's expectations. Broking Both transactional volumes and rates have grown across the Group versus the same period last year. Whilst rates remain significantly lower than the average over the last five years, they have recovered from the lows experienced at the end of 2008 and into 2009. The sale and purchase market has also improved significantly year on year since the beginning of 2010 across most asset classes. We believe these improvements signal a more sustained return of activity to the Sale and Purchase market. Against this market back drop, Clarksons has benefited from its global presence, particularly in the Asian economies. These economies are currently playing an important role in global economic recovery and as the largest broker in the region, we will continue to derive competitive advantage from our reach and expertise. As a result of these steady market improvements, US dollar broking revenue has increased year on year for 2010 to date. Financial Our futures broking business has also experienced improved market conditions year on year, mirroring the pick up in physical markets. However, in keeping with global capital market activity, our investment services business is experiencing longer periods to transaction closure. Support As anticipated, this division has grown revenues year on year in 2010 to date, delivering a performance that is in line with the Board's expectations. The Port & Agency business has been the primary driver of this improvement and we have also been successful in reducing ongoing operating losses from logistics. Research Our research division has also performed in line with the Board's expectations to date in 2010. The research team successfully launched two new products during the first quarter: an updated version of the Shipping Intelligence Network, the leading online source of data in shipping, and World Fleet Monitor, a new monthly publication. Outlook The Board is encouraged by the improvements in market conditions experienced to date in 2010. Growth trends in Asia, combined with a more sustained return of volumes and rates, signal an improvement in confidence in many of our markets, although uncertainty remains. Clarkson continues to be strongly cash generative with a solid and strengthening balance sheet. The benefits we derive from our financial position means we can continue to attract top teams and grow our presence into both established and new markets. This breadth of coverage is a differentiator as is our market leading research. Whilst it is inevitable that shipping markets will continue to recover at differing rates, we believe that we have started to experience a more sustained recovery. Combined with Clarkson's clear competitive advantages, we look forward to the remainder of the year with confidence.
welsheagle
17/4/2010
21:13
Lovely rise over the last week - what's brewing? The BDI's gone nowhere.
deadly
05/4/2010
08:24
CKN dividend circa £8m of the £62m highlighted in results under dividend and management bonuses, so unless I am missing something here, they paid bonuses circa £54m at year end. BMS is debt free. Adjusting for £10m net cash at half year, it trades on hEPS of 8 with 5.3% dividend yield. I prefer hEPS as this is easier to estimate (!) and provides a more conservative valuation - effectively any growth is a bonus.
njb67
05/4/2010
08:09
As a shareholder, i will receive the dividend so no need to adjust for that It's the same for all companies and i'm interested in the forward not backward pe ratio so all in all, a bargain TRUE PE for Clarkson Re BMS - High Debt - Yes OR No ?
spob
04/4/2010
22:40
personally think BMS is better value, but there you go.
qs9
04/4/2010
21:19
spob Agreed - good point. I would adjust the stated net cash figure to reflect both the £62m due for 2009 dividends and year end bonuses paid to staff (both are reported in the full year results but will appear in the 2010 accounts) and the £7m pension deficit. This leaves a net cash figure of circa £26m which puts the company on an historic p/e of circa 8 - ((£136m MCAP / 19 million shares) / 90p hEPS). Not quite as cheap as including the full £95m but a better PE than stated in IC. I am a holder and would add if the price fell below £7.50 (giving a P/hEPS = 7 and yield = 5.7%).
njb67
25/3/2010
11:25
* Remember if you subtract the net cash from the current CKN market cap, you get a true market price which is much lower. Thus giving a very very low, TRUE FORWARD PE Ratio for Clarksons. These are a bargain price going forward It amazes me how often people fail to account for the net cash or conversely net debt position, And take into account how it affects the true price that they are paying for a company.
spob
12/3/2010
07:57
http://business.timesonline.co.uk/tol/business/markets/article7059178.ece Clarkson If stockbroking is a notoriously volatile business, shipbroking is little different. That much is evident in charter rates for the world's largest oil tankers, which collapsed from $250,000 a day in early 2008 to only $30,000 at the end of last year. So it might come as little surprise to find that the world's biggest shipbroker has not escaped unscathed from the worst downturn in its sector since 1974. Clarkson found that rock-bottom charter rates meant lower commissions. So, too, did an average 25 per cent fall in the value of second-hand tankers, where it takes a cut of their price on purchase and sale. Overall, operating profits fell 39 per cent to £24 million on sales down 29 per cent to £177 million. But yesterday's full-year results showed signs of renewed confidence - not least in the 1p rise in Clarkson's final dividend, which had been kept on hold a year ago. Charter rates have bounced off the bottom, broking volumes have picked up and an increased number of ships are changing hands. There has also been a return of time chartering, whereby vessels are hired at fixed rates for periods of typically between three and five years, rather than at spot rates - indicating that movers of seaborne cargo are keen to lock in current rates before they rise further. For its part, Clarkson says that its broking transaction volumes actually rose last year, suggesting that, in tougher times, trade has migrated to the bigger players. Equally, its overseas expansion has continued apace, especially in Asia, where it is the biggest shipbroker in Shanghai and Singapore. For the first time in its 157-year history, Clarkson has more staff abroad than on its home turf. At 853p, up 35p, or nine times 2010 earnings and yielding 5 per cent, buy on weakness.
aleman
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