Samudera Shipping Line

Samudera poised to benefit from ‘bumper year’ for shipping lines: SAC Capital - THE EDGE SINGAPORE

Broker's Calls

Samudera poised to benefit from ‘bumper year’ for shipping lines: SAC Capital

A rising tide lifts all ships, including shipping company Samudera, which SAC Capital is optimistic on.
Samudera Shipping Line has 'some pricing power'; will be riding the wave of higher freight rates: SAC Capital - THE EDGE SINGAPORE

Broker's Calls

Samudera Shipping Line has 'some pricing power'; will be riding the wave of higher freight rates: SAC Capital

“Its solid cash position also gives room for other expansion opportunities,” writes SAC Capital analyst Tracy Lim.

Results

Higher container rates lifts Samudera Shipping's earnings

Year to date, Samudera’s shares are up around two-thirds to close at 43 cents on July 28.
Samudera Shipping Line disposes of container vessel for $16.8 mil - THE EDGE SINGAPORE

Corporate moves

Samudera Shipping Line disposes of container vessel for $16.8 mil

The book value of the vessel stands at US$11.44 million.
Broker's Digest: Samudera, Raffles Medical, Multi-Chem, iX Biopharma, Hong Leong Asia - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Samudera, Raffles Medical, Multi-Chem, iX Biopharma, Hong Leong Asia

See the analysts' recommendations and target prices here.
Samudera to benefit from favourable freight rates; trading at a huge bargain: UOB KH - THE EDGE SINGAPORE

Broker's Calls

Samudera to benefit from favourable freight rates; trading at a huge bargain: UOB KH

Samudera is trading at 6.5 times FY20 core P/E, a 46% discount to its peers' average of 12.1 times.
  •  
×