Ocean Wilsons (holdings)... Share Discussion Threads

[davebowler] 14/3/2008 14:15

LONDON (Thomson Financial) - Ocean Wilsons Holdings Ltd said its unit Wilson Sons Comercio Industria e Agencia de Navegacao Ltda has won a platform supply vessels contract worth about 100 mln usd from Magallanes de Navegacao SA.

The maritime services supplier said it has started construction on four PSVs for Magallanes de Navegacao and expects the contracts to be completed by the beginning of 2011.



[e-mail]

tsm/ejb



COPYRIGHT



Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

[davebowler] 01/2/2008 15:53

Transcript of Wilsons webcast.

[davebowler] 15/1/2008 15:15

Sizeable chunk of shares bought by Director





3. Name of person discharging managerial responsibilities/director

WILLIAM SALOMON

....................................


4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

N/A

....................................


5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

NOTIFICATION IS IN RESPECT OF THE HOLDING REFERRED TO IN (3)

....................................


6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

ORDINARY SHARES

....................................


7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

DEUTSCHE BANK NOMINEES (JERSEY)

....................................

....................................


8 State the nature of the transaction

A PURCHASE

[davebowler] 15/1/2008 13:28

Wilson Sons Generates Revenues of US$100.1 Millions in the 2Q07
Net income of US$9.2 millions in this quarter represents a 4.8% growth against the second quarter of 2006

RIO DE JANEIRO, Brazil, Aug. 15 /PRNewswire-FirstCall/ -- Wilson Sons Limited (Bovespa: WSON11), one of the largest providers of integrated port and maritime logistics, and supply chain solutions in the Brazilian market, registered a net revenue of US$100.1 millions in the second quarter of 2007, 36.9% higher than the US$73.1 millions presented in the same period of 2006.

Wilson Sons registered an operational profit of US$12.0 millions in this quarter, 12.8% higher than the US$10.6 millions in the same quarter of 2006. The company also boosted a 17.3% EBITDA growth in this quarter (US$16.1 millions) in comparison to the last quarter (US$13.8 millions). In the first half of 2007, the company registered an EBITDA of US$35.3 millions, presenting a 22.3% growth, related to the US$28.9 millions in the same period of 2006.

The net income on the second quarter of 2007 (US$9.2 millions) was 4.8% higher than the US$8.8 millions presented in the second quarter of 2006.

Total capital expenditures in the second quarter of 2007 were US$14.1 millions, up 27.5% from the US$11.1 millions in the second quarter of 2006 as a result of the program to renew the towage fleet and the expansion of the third berth of Tecon Rio Grande. The total amount of US$27.2 millions invested in the first half of 2007 was 45.4% higher than the US$18.7 millions invested in the same period of 2006.

In April, another Platform Supply Vessel (PSV) was added to the company's fleet that provides maritime shipping support to Brazilian oil and natural gas exploration and production activities. "The PSV Saveiros Fragata, as announced last quarter, is currently chartered to Petrobras, which is in line with company strategy of growing in its Offshore segment", explained Felipe Gutterres, Wilson Sons' CFO and Investor Relations Director.

With 170 years of experience, Wilson Sons has a national network and provides a complete set of services to participants in international trade in the port and maritime sectors. The company's main activities are: port terminals, towage, logistics, ship agency, and offshore.

SOURCE Wilson Sons Limited

[pip_uk] 02/1/2008 16:09

Looking good today.
Hansa trust with a big holding also looking good.
Still selling at about a 10% to net asset value.

[shuisky] 17/12/2007 13:48

This is interesting.

Dooes anyone have access to the UBS research?

[neckygiraffe] 31/10/2007 17:23

Seems like some fairly chunky buys going through over the last week. Good to see the price following. I wonder who the new buyer is?

[robsy2] 23/10/2007 09:37

Thanks for the thread work. This stock seems to give a good exposure to Brazil , the shipping markets down there and Hansas investmnent management skills in finding decent investments with a focus on South America. As such it looks like a reasonable play for me and it pays a dividend so I'm in.

[rambutan2] 18/10/2007 16:04

giles hargreaves, of marlborough special sits fund fame, named this as one of his ten fave plays on citywire recently...

[m.t.glass] 18/10/2007 11:25

db - if you are looking at the chart in the header, with the particular mix of MAs used there, it doesn't quite make a GC, as the line being crossed has to also be rising - which it dioesn't appear to be yet..

On the other hand, if you are using some other mix of MAs, or using simple rather than exponential (which I 've not checked) the crossovers will be placed a little differently.

By the same logic I wouldn't have counted the downward crossover in June as adead cross until confirmed by the downturn of the crossed line.

[davebowler] 17/10/2007 16:29

Chartists among us;is this a golden cross?

[davebowler] 12/10/2007 11:53

Have a look at the graphs for shipping related companies-
CKN, BMS,GOC,GLBS- if this follows we should be in for a good run!

[bengt] 11/9/2007 13:48

From the results I read a NAV of about $16.24 (8 quid'ish) i.e. no discount. Am I reading this wrong?

I am very impressed by the growth in the underlying Brazilian business and think that the share is worth a punt on this basis.

[cg1953] 16/8/2007 04:29

imho, rather than doubling the interim dividend, a special tax free cash distribution would alert the market to the real underlying value of this company
after all, the sale of 41% of wilson bros was a one off event !!!
however the salomons want to put more money to work on our behalf in global equities;notwithstanding there recent good investment choices, i just feel we could now be in for a prolonged correction and would prefer my cash in hand !!!!
sell some shares instead ?
hell no, they are allready trading at a big enough discount to true nav.

[grgkecer] 15/8/2007 10:16

With Wilson Sons doing well, and plenty of cash to invest, OCN should continue to reward the few investors that appreciate its merits.

[m.t.glass] 15/8/2007 09:34

Lots of stuff to read in Interim Results this morning. Including the view they take of equity investments in general..

No significant impact yet on share price.

[nirvs] 08/8/2007 15:46

Well it looks like OCN has finally started its next leg up...With such a long consolidation, one would expect an explosive move...none as yet...long a few

[bench2] 19/6/2007 13:15

Thanks it seems that Wilson Bros is in the sweet spot for an export led economy like Brazil. On 31 May07 Hansa trust holding of OCN represented 32.6% of their total assets.Wm Salamon and his sister have a lot of their wealth tied up in OCN and Hansa.... so watch this space ... marketability in OCN is poor so the Hansa board may well ask the manager to extract more value from the OCN holding ..so I would not be surprised to see an AIM quote for Wilson bros an in specie distribution to shareholders to unlock the value and get rid of the 30% discount .

[grgkecer] 18/6/2007 17:02

But don't forget:

Dragaport
Our associated dredging company Dragaport had an excellent performance in
2006, performing work at the Brasfels shipyard site (Angra dos Reis – Rio de
Janeiro State) and in the ports of Rio Grande, Santos and Rio de Janeiro.

[bench2] 18/6/2007 16:38

Thanks for the link, interesting to read that economy only growing at 4% ..bureacracy a nightmare ..very difficult to get things done as so many people looking for a kickback...dredging Santos a good example.The danger for OCN holders is this may be as good as it gets !

[grgkecer] 18/6/2007 16:37

At the current 28 Reals, Wilson Sons is just 25% up on the flotation price in US dollar terms.

[grgkecer] 18/6/2007 15:15

Brazil tries to seize economic momentum

[bench2] 15/6/2007 21:14

OCN has crystalized considerable value for shareholders by floating WS and now has non Brazilian Port assets of 412p per share or 32.5% of Net Assets.