The increase in ROCE suggests that COSCO SHIPPING Development is becoming more efficient at generating returns. However, the stock's performance over the past five years suggests that these promising fundamentals may not yet be recognized by investors.
The market's past overconfidence led to a steeper share price decline compared to the EPS drop. The CEO's modest remuneration is noteworthy. The company's total shareholder return of -14% over the last 3 years is largely due to its dividend payments.
COSCO SHIPPING Development's P/E mirrors the market, indicating investor hopes for a business turnaround. However, if P/E aligns with recent negative growth rates, shareholders may face disappointment.
Core point: 1. The International Energy Agency forecasts that U.S. oil production will increase by another 950 Kb/d by 2023 while domestic oil demand remains virtually unchanged. 2. We expect more crude oil exports from the U.S. Gulf in 2023 but fewer incremental barrels from Europe. 3. As a result, we expect VLCCs to be less competitive in transatlantic trade, with Suezmax and Aframax regaining market ...
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This section presents the top 5 stocks in HK Crypto ETF, ranked from highest to lowest based on real-time market data. An exchange-traded fund designed to track the price performance of Bitcoin or other major crypto, allowing investors to participate in the market without directly purchasing the assets.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK Crypto ETF, ranked from highest to lowest based on real-time market data.
COSCO SHIP DEV Stock Forum
1. The International Energy Agency forecasts that U.S. oil production will increase by another 950 Kb/d by 2023 while domestic oil demand remains virtually unchanged.
2. We expect more crude oil exports from the U.S. Gulf in 2023 but fewer incremental barrels from Europe.
3. As a result, we expect VLCCs to be less competitive in transatlantic trade, with Suezmax and Aframax regaining market ...
Great earnings report today
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