船运股SB和SBLK - SB今天开盘前公布了季报,要点如下:
1。本季每股盈利$0.03,基本在我的预料之中,高于华尔街$0.014的预期(我的预估是$0.02-$0.03)。目前, Panamax的船运价已经大幅反弹,但是船运合同需要时间更新,所以其第二季度的营业收入可能基本会与第一季度的持平。如果BDI能保持现在的趋势,SB的盈利应该能在第三季度产生大幅提升。
2。公司公布了其未来的偿债计划,显示公司流动性良好,经营非常稳健。
3。本季来自营运的现金流为$10million,进一步巩固了公司的流动性。
4。趁低价回购了将近1.8 million 的公司股票,目前公司的总股数降低至101.25 million。
目前Panamax的船运价持续走高, 指数已经跨过1,300点,距离此前最高点1,700仅差300多点。
SB.PR.D目前交易价在$20左右,年化收益率已经在10%以上,加之SB的持续赢利能力,其优先股对于求稳,且对10%以上的收益率比较满足的投资者来说,是一个非常不错的投资标的。
Safe Bulkers (NYSE:SB):
Q1 Non-GAAP EPS of $0.03 beats by $0.02;
GAAP EPS of $0.03 beats by $0.01.
Revenue of $48.3M (+11.0% Y/Y) beats by $1.11M.
与我此前的估计完全一致: "我又重读了一遍SB上季的季报,目前华尔街预估其本季盈利$0.014。我估计会达到$0.02 - $0.03。"。再一次证明,我对这个公司的研究比华尔街要深入 (*$*)。
Today, Tuesday, May 28 2019, the Baltic Dry Index climbed by 16 points, reaching 1082 points.
China’s imports of U.S. coking coal rose more than five times in April from a month earlier, customs data showed, on traders’ earlier bets that trade tensions between Beijing and Washington were easing. Shipments of coking coal from the United States rose to 308,789 tonnes last month, up from 60,585 tonnes in March, according to data released by the General Administration of Customs over the weekend.
这些都是Panamax的货源。
India’s coal import increased by 13.4 per cent to 20.72 million tonnes in April compared to 18.27 million tonnes (MT) in the same last year, according to a report.
Brazil-origin soybean exports could increase at the cost of US-origin beans, amid the recent escalation of US-China trade dispute, weak Brazilian currency and approaching corn harvest, grain exporter AgriBrasil told S&P Global Platts.
本文纯属自娱自乐，不构成任何投资建议。股市有风险，投资需谨慎，买卖文中所提及的股票所产生的盈利或亏损均应由投资者个人自负。Disclosure：我重仓SB,SB.PR.D,和SBLK。
