Has the fat lady stopped singing?
$SamuderaShipping(S56.SG$
This article shared much optimism on the containership sector, while rate has eased, earning outlook for 2021 is great and 2022/2023 though lesser, still much higher than average historical earnings. I take comfort reading it, and await for the parent Samudera Indonesia Q3 results release in 2 weeks time.
In the article, ZIM is quoted the obvious choice, but I prefer home market SGX, Samudera as it is the only listed stock majoring on containership.
https://seekingalpha.com/article/4460320-zim-danaos-reports-of-containerships-death-are-greatly-exaggerated
This article shared much optimism on the containership sector, while rate has eased, earning outlook for 2021 is great and 2022/2023 though lesser, still much higher than average historical earnings. I take comfort reading it, and await for the parent Samudera Indonesia Q3 results release in 2 weeks time.
In the article, ZIM is quoted the obvious choice, but I prefer home market SGX, Samudera as it is the only listed stock majoring on containership.
https://seekingalpha.com/article/4460320-zim-danaos-reports-of-containerships-death-are-greatly-exaggerated
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Hungryfish OP : 2021 turned out great. 2022 will no doubt be greater. Will 2023 be greatest? I doubt so. The fat lady is still singing, though not as loud. 2023 will see much feeder newbuilt deliveries. Liners are over expanding. Certainly hope Samudera navigates well into the future - Survival of the fittest.