Hungryfish
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$SamuderaShipping (S56.SG)$ $A.P. Moller - Maersk A/S Unsponsored ADR (AMKBY.US)$
Maersk (Maersk) announced an upgrade to its 2024 full-year guidance on Monday following a strong third-quarter performance.
The news boosted shares of ZIM Integrated Shipping Services by over 8%.
The company attributed its strong results to robust container market demand.
On the back of strong third-quarter results combined with strong container market demand and the continuation of the Red Sea situation, Maersk raise...
Maersk (Maersk) announced an upgrade to its 2024 full-year guidance on Monday following a strong third-quarter performance.
The news boosted shares of ZIM Integrated Shipping Services by over 8%.
The company attributed its strong results to robust container market demand.
On the back of strong third-quarter results combined with strong container market demand and the continuation of the Red Sea situation, Maersk raise...
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$SamuderaShipping (S56.SG)$
Same set of statistics - open out to different interpretations. Fact is average freight rate is flat in 2023 and rallied in 2024. Hence market has reacted with stock price increase but profit results disappointing. It is an almost certainty that full year profit at best match that of 2023.
It is foreseeable that global rate will decline in 4Q. Thus will depress investor sentiment and weigh down the stock price.
I am not saying Samudera is not good. Everything is goo...
Same set of statistics - open out to different interpretations. Fact is average freight rate is flat in 2023 and rallied in 2024. Hence market has reacted with stock price increase but profit results disappointing. It is an almost certainty that full year profit at best match that of 2023.
It is foreseeable that global rate will decline in 4Q. Thus will depress investor sentiment and weigh down the stock price.
I am not saying Samudera is not good. Everything is goo...
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Hungryfish
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$SamuderaShipping (S56.SG)$
A dismay 3Q2024 performance. Total container tonage unchanged from a year ago (despite new container ship additions). Ave freight rate improved only 15% (despite the recent rate rally).
A dismay 3Q2024 performance. Total container tonage unchanged from a year ago (despite new container ship additions). Ave freight rate improved only 15% (despite the recent rate rally).
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$Rex Intl (5WH.SG)$
In the last oil play, accumulated 800,000 shares at ave 0.184, and exited near bottom at 0.104 - $64,000 loss. Too painful a lesson. Will just watch as a bystander this time round.
In the last oil play, accumulated 800,000 shares at ave 0.184, and exited near bottom at 0.104 - $64,000 loss. Too painful a lesson. Will just watch as a bystander this time round.
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Hungryfish
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The Federal Reserve is set to announce its first rate cut in over four years on Wednesday, signaling a major pivot from its previous emphasis on inflation control.
Markets remain split on the scale of the cut. Futures markets indicate a 63% chance of a 50-basis-point reduction as of Wednesday morning, up from 14% a week ago. The odds of a 25-basis-point cut stand at 37%.
Wall Street and the futures market show divergence as most institutio...
Markets remain split on the scale of the cut. Futures markets indicate a 63% chance of a 50-basis-point reduction as of Wednesday morning, up from 14% a week ago. The odds of a 25-basis-point cut stand at 37%.
Wall Street and the futures market show divergence as most institutio...
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Hungryfish
commented on
$Centurion (OU8.SG)$ aiyo why go invest in China property. Die liao lah
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Hungryfish
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$Boustead (F9D.SG)$ do i need to hold currenct share to get the scrip?
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Hungryfish
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$UMS (558.SG)$
Executive director Stanley Loh bought 250k @$1.15 on 13 May Monday. A vote of confidence. Has the market over-react to the Q1 results? A good time to add ?
Executive director Stanley Loh bought 250k @$1.15 on 13 May Monday. A vote of confidence. Has the market over-react to the Q1 results? A good time to add ?
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Hungryfish
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(Here's an update to the options I wrote about earlier this week for readers who are curious whether those positions paid off.)
$GameStop (GME.US)$ call option holders got crushed as zero-days-to-expiration (0DTE) contracts quickly lose their value amid an extended stock sell-off that sent the share price back to its level before meme-stock guru Roaring Kitty returned to social media X and sparked a frenzy.
GameStop shares ...
$GameStop (GME.US)$ call option holders got crushed as zero-days-to-expiration (0DTE) contracts quickly lose their value amid an extended stock sell-off that sent the share price back to its level before meme-stock guru Roaring Kitty returned to social media X and sparked a frenzy.
GameStop shares ...
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