Ocean Wilsons (holdings)... Share Discussion Threads

[rhomboid] 15/8/2016 10:58

Ive sold out here this morning for a net 20% profit, yet again the investment fund had lost value and the business itself remains difficult to analyse. I know OCN is cheap, I like the dividend but I'm investing the money elsewhere, GMS, slightly related sector but more readily understandable .

I'll keep watching and thanks for the informative posts!

[piedro] 22/7/2016 05:18

From 18th July onwards, PSV 3500 Pardela will be
operating under “REB” (Brazilian Special Registry).

[piedro] 05/7/2016 10:14

June volumes should be announced shortly.

LOTM knows but is keeping quiet - I'm not going to 'feed' the information
LOL :-)

[rogerbridge] 30/6/2016 16:12

OCN is on a tasty discount also major shareholder HAN, now on a 34% discount.

[last of the mohicans] 27/6/2016 13:39

Hi Piedro,

If you have time, I'm sure some of us would like to read these press reports, given the terminal was talked about last September.

Thanks

LOTM

[piedro] 27/6/2016 10:59

Quite a significant announcement plus it has been reported in the Brazilian press that the Santa Clara Container Terminal will start receiving vessels in August

[spooky] 27/6/2016 07:44

Thanks LOTM and Piedro.

[darlocst] 27/6/2016 07:41

Am I calculating this right, the OCN discount is now well over 40%?

[piedro] 27/6/2016 07:04

The proposed expansion is to build a third quay to the north + extension of the yard area.

They applied for the early extension of their 25 year contract so that the work would be able begin as soon as possible

[last of the mohicans] 27/6/2016 06:53

spooky,

It looks like they are getting the 25 year extension to the terminal's licence.

By granting it early, Wilson's are telling the Brazil State, they will in return spend £££; on upgrading the port.

Thereby hoping to attract more business to it & earn a good rate of return on that additional investment as well as the cash already invested in Tecon Salvador.

LOTM

[spooky] 27/6/2016 06:35

Does anyone understand the significance of today's announcement?

[piedro] 09/6/2016 09:30

FWIW ...

EDISON
09 June 2016
Ocean Wilson Holdings - An unusual proposition


- some useful information in as far as it goes

[piedro] 08/6/2016 16:12

Brasco Caju will soon be attending vessels ..

[piedro] 01/6/2016 12:50

TV,

.
Edited:
... post #1145 removed due to lack of interest

[topvest] 29/5/2016 07:56

Out of interest where do you get the images from?

[piedro] 28/5/2016 22:43

WS SCORPIUS - Tug: Class ASD 2411 BHP 5,630

[piedro] 23/5/2016 13:38

Here also - filling up ....

[piedro] 19/5/2016 15:44

Full house at ...

[piedro] 16/5/2016 09:45

Shipyards
• The Shipyard orderbook at the end of the quarter included five
tugboats for the Wilson Sons fleet, two tugboats for Saam Smit
Towage Brasil and two PSV’s for WSUT. The Saam Smit has
options for a further four vessels.

- ironic; Saam Smit being their biggest competitor

[piedro] 16/5/2016 09:41

CAPEX
• The IFRS quarterly CAPEX is 98.5% higher, largely as a result of
the one-off acquisition of six tugboats that were previously the
subject of bareboat lease contracts by the Company.

• New Towage vessels and Port Terminal equipment remain the
principal 1Q16 CAPEX items. Port Terminals equipment
includes: 3 Ship-to-shore (STS) and 11 Rubber tyred gantry
(RTG) to be delivered in 2017.