Clarkson Share Discussion Threads

[cockneyrebel] 01/9/2010 10:50

Chart looking rather good here imo.

CR

[sailing john] 27/8/2010 13:07

Alan Marsh CEO of BMS invested another 45k in BMS yesterday. Well he could hardly buy CKN! but a nice vote of confidence in both BMS and CKN especially as he gifted them to the kids (No pressure Dad! - but they had better increase in value!)
SJ

[cockneyrebel] 26/8/2010 18:27

Amazed these are not up 100-150p on those results but I guess by a stroke of bad luck they released them at a time when the market was weak. Got to fancy them to go through that 980p with ease as soon as the market firms in general tho imo, especially with that Baltic index firming nicely.

CR

[sailing john] 26/8/2010 16:55

Dave - don't worry about BMS - it will catch up. CKN/BMS are like twins - never far apart though we might have to wait for BMS interims late October. Now hold both since recent CKN purchase.
GL SJ

[aleman] 26/8/2010 13:01

Was coming home from holiday yesterday. Unexpectedly strong results are great news. Any forecast updates in? A p/e of only perhaps around 7 in a growth market seems light.

[davebowler] 26/8/2010 10:52

Unlike BMS's

[cockneyrebel] 26/8/2010 10:50

CKN chart breaking out too.

CR

[cockneyrebel] 26/8/2010 10:50

Been buying these up the past couple of days

Seen the Baltic Dry index in the last week or two?



CR

[welsheagle] 25/8/2010 19:57

Panmure Gordon reiterated their 'Buy' recommendation today.

[cockneyrebel] 25/8/2010 10:34

40m net cash and looks like if the recovery continues they'll do 120p+ eps imo.

And chart just breaking out of the downtrend resistance.

CR

[cockneyrebel] 25/8/2010 08:39

Excellent results - back in today.

CR

[sailing john] 25/8/2010 08:26

Stunning results
Bought in at the open at 902 - the only trade!
Already hold BMS
GL - SJ

[welsheagle] 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."

[aleman] 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

[kibes] 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?

[aleman] 15/7/2010 09:07

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.

[kibes] 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.

[aleman] 12/7/2010 13:19

Sharp rise in US rail freight as container movements hit 6th busiest week ever.

[welsheagle] 11/7/2010 19:32

Investor's Chronicle this week says business is picking up.

[jtcod] 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?

[welsheagle] 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.

[aleman] 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

"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."