Global Ports Share Discussion Threads

[1bbernie] 25/8/2023 15:31

Does anyone know the reason for this massive drop in price?

[km18] 18/8/2023 12:14

Global Ports Holdings plc issued a trading statement for the 3 months to 30th June this morning. Cruise passenger volumes for the 3M period ending 30 June 2023 were 3.1m rising 76% compared to the comparable period last year and were 17% ahead of the 2019 levels. Adjusted revenue rose 60% to USD 43.3m, reflecting the strong growth in passenger volumes. Total consolidated revenues, including the impact of IFRIC-12 Construction revenues, were USD 53.4m compared to USD 45.7m in the comparable period. Segmental EBITDA rose strongly to USD 30.2m from USD 17.2m in the comparable period. Adjusted EBITDA was USD 28.6m a significant increase on the USD 15.4m in the comparable period. Travel continues to rebound and this is being reflected in financial performance. The share price has been trending higher powerfully over the past 12 months and has very strong momentum. Valuation messages look a little mixed with forward PE ratio close to 23x looking a little stretched, but PS ratio at 0.95x top ranked of 3 names in the Transportation Infrastructure market. If trending stocks with plenty of longer run upside potential are your thing, GPH looks to be an interesting BUY...

...from WealthOracle

[volsung] 31/7/2023 11:35

Debt is a worry as is the large individual shareholding.
However I think this is worth a gamble on recovery.
Bought in today

[jun_man] 10/7/2023 09:51

So FY results out today - no surprises, further confident commentary around booking levels for the current year. No comment (that I saw) on any exposure to the issue of the loss of certification for the fire panels reported earlier this week.

Was interesting to read that they're looking for a credit rating as a step to refinance the Sixth Street loan. Would be good if they could - but I'm sceptical with the leverage where it is today.

[jun_man] 15/5/2023 14:37

I would describe today's results as bullish... as ever, most news has already been trailed, but I think for all of us what we want to see is continued return to normal market conditions and a pay-off from the capex. From the commentary, that will now start to feed through, and whilst I'm still not overly pleased with 8x - 9x gross debt / EBITDA, all of the numbers are moving in the right direction. Net debt down slightly, EBITDA obv up significantly. The $25m shareholder loan I hadn't picked up on before, which suggests that either the company still can't get reasonable debt pricing in the market (and to answer the comment below, the existing financing is eye-wateringly expensive, but the company had to take what it could get in the debt restructuring); or that the majority shareholder is putting their returns ahead of other shareholders. Probably a bit of both. Steady as she goes.

[mustau] 28/4/2023 15:17

Heading towards 2 with yearly high broken....I guess there are benefits in remaining silent!!

[mindminer] 13/3/2023 14:19

Would we not have already seen a dilution?

[simmsc] 13/3/2023 12:29

Sorry, meant "anyone" (not anytime).

[simmsc] 13/3/2023 12:19

Respectable results. If there was no dilution risk here these shares would have flown today. Anytime care to comment on the dilution risk situation here? Is it inevitable or is there a viable alternative?

[mindminer] 13/3/2023 10:30

SP looks like it's consolidating nicely
Report looks very good
Can anybody provide an opinion on the debt and it's management?

[mustau] 13/3/2023 08:28

Shame the report is out today with all the nonsense at SVB.

[mustau] 16/2/2023 14:20

Likewise wire but holding a few in Isa.

[livewireplus] 16/2/2023 14:17

Cruise ports behemoth Global Ports launches €25m bond issuehttps://timesofmalta.com/articles/view/cruise-ports-behemoth-global-ports-launches-25m-bond-issue.1013283

[livewireplus] 16/2/2023 14:16

Valletta Awarded as Best Port of Call Global - Cruise Industry News | Cruise Newshttps://cruiseindustrynews.com/cruise-news/2023/02/valletta-awarded-as-best-port-of-call-global/

[livewireplus] 16/2/2023 14:13

I'm still here as well. Top sliced s few but have kept majority for the longer term...

[casholaa] 16/2/2023 14:10

I'm still here, in the ISA not just in spirit. Content to let it roll and see where it goes.

[mustau] 16/2/2023 14:02

Anyone??

Am I the only one left holding?

[livewireplus] 08/1/2023 10:47

Lisbon Port Welcomes Largest Ever UK Cruise Shiphttps://www.cruisehive.com/lisbon-port-welcomes-largest-ever-uk-cruise-ship/91736

[livewireplus] 04/1/2023 09:34

Yeah, have heard about Mrs. Tina - none of her trading has gone right recently and she has taken to hanging around outside naval yards wearing a mini-skirt and lots of make-up.

[casholaa] 03/1/2023 18:14

About time she started moving.

[livewireplus] 03/1/2023 12:35

Indeed. 100% increase ready over the last 6 weeks is good :-)

[dgbell7] 03/1/2023 10:19

opened a position this morning, very impressive chart

[livewireplus] 03/1/2023 09:09

.... and the rise in share price continues .... await news / developments ....