hvala… usput centrala u Kini upucava hrpu nove love za:
Infrastructure spending is set to be ramped up in China, much to the joy of the world’s dry bulk shipping community:
“With more infrastructure projects, I think it will eventually drive up commodity and shipping demand, however, we still need to see how will the local governments allocate these funds..
https://splash247.com/beijing-details-667bn-infrastructure-focused-stimulus-package/”
Today’s $667bn stimulus announcement – while not being as large as the $1trn some analysts had predicted – is still larger than the $564bn package Beijing unleashed in December 2008 in the wake of the collapse of Lehman Brothers, a stimulus that resuscitated dry bulk fortunes 11 years ago.
Baltic Dry Index Rises 1.61% to 506 Capesize -0.48% to $4,120 Panamax +4.34% to $4,572 Supramax 58k tons +1.87% to $5,450 Handysize +5.71% to $2,665
BDI -2.6% 489
Capesize -14.7% $ 3,228
Panamax +5.9% $ 5,147
Handysize +3.2% $ 3,843
Supramax +0.3% $ 5,520
Baltic Dry Index +3,1% 504
Capesize +4,4% $3,369
Panamax +6.0% $5,453
Supramax -0,3% $5,505
Handysize +2,3% $2,909
Baltic Dry Index Rises 3.17% to 520 Capesize +8.28% to $3,648 Panamax +3.7% to $5,655 Supramax 58k tons -0.73% to $5,465 Handysize +2.03% to $2,968
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BDI +5.0% to 520
Capesize +15.5% to $ 4,213
Panamax +2.8% to $ 5,815
Handysize +3 percent to $ 3,056
Supramax -0.3% to $ 5,448
BDI +5.0% to 520
Capesize +15.5% to $ 4,213
Panamax +2.8% to $ 5,815
Handysize +3 percent to $ 3,056
Supramax -0.3% to $ 5,448
Omaška, ispravan BDI je dolje, a ostalo je ok:
Baltic Dry Index Rises 5.0% to 546
O boze, atpl ne samo da nije smanjila vrijednost brodova, nego ih je povecala za skoro 3 mil kuna. Ja cu se ranit ahahaha.
China “makes America great” again :).
Očekuje se da će se sveukupni kineski uvoz željeza povećati do 2020., ali će se smanjiti rast na 6%, u odnosu na 19%-tnu projekciju rasta prije pandemije koronavirusa.
Zalihe željezne rude u kineskim lukama pale su na 109,5 milijuna tona na dan 29. svibnja, najniže razina od studenog 2016.
The Brazilian miner said its production and operation have not been impacted by the pandemic:
https://www.zawya.com/mena/en/story/Coronavirus_What_coronavirus_Chinas_commodity_imports_remain_robust_Russell-TR20200414nL3N2C21QMX1?utm_campaign=magnet&utm_source=article_page&utm_medium=related_articles
China’s first quarter crude oil imports were about 10.2 million bpd, up 5% from the same period a year earlier.
China sold $8 billion of U.S. government bonds in March, when overseas investors and central banks got rid of $300 billion of Treasurys that month to raise dollars. That leaves China’s overall holdings at $1.08 trillion, down from its high of $1.32 trillion back in November 2014.
??
Indeksi?moglo bi postati zanimljivo danas..
Indeksi?moglo bi postati zanimljivo danas..
BDI + 8,4% 592
Freight futures am update
Capesize up ~4%
Panamax up ~1
samo 4%..FFAs rally ?->Capesize +25% to $5,267?
https://twitter.com/freightinvestor/status/1268157782961856517
i..štrukle su pekli (već oko 12h), a nisu nam rekli.
Danas porast na stranim brodarima od 10 do 20 %
Takodjer preporuka strong buy za Genco Shipping, upside potencijal 120%
https://finance.yahoo.com/news/3-strong-buy-penny-stocks-134352371.html
Genco Shipping, Inc. (GNK)
Next up is a small-cap shipping company, Genco. The company boasts a market cap of $207 million, along with a major asset: a modern fleet of dry bulk carriers. These ships, varying in size from 34,000-ton Handysize freighters to the giant 175,000+ ton Capemax vessels, are wholly owned and modern, with a majority of the fleet build in the past decade. Genco transports essential dry bulk cargoes such as coal, grain, iron ore, and steel around the world.
The coronavirus pandemic, with its heavy impact on trade and travel, hit Genco hard in Q1. The company saw earnings plummet, and EPS registered a 17-cent loss per share in the first quarter, a sharp turn from Q4’s 7-cent profit. At the same time, the company was able to continue streamlining its operations, including selling off three of its least profitable vessels, and took action to improve its cash position. Genco finished the quarter with $134.3 million in unrestricted cash on hand, and is negotiating a further $25 million in collateralized credit from its main lenders.
Despite the recent struggles, one analyst argues that the $4.94 price tag is a solid deal for investors.
Writing on GNK stock for Evercore ISI, Jonathan Chappell said, “GNK still retains the strongest balance sheet in the dry bulk industry… GNK should be able to build upon its cash balance, enabling it to return to the prior dividend run rate once there is more clarity on the global economic backdrop and the timing on an eventual dry bulk market recovery, while its liquidity could also render it as the market consolidator if other less-well-capitalized owners fall victim to a prolonged global recession.”
Chappell’s numbers are upbeat, too. The $9 price target suggests a robust 82% upside potential, and fully supports his Buy rating on the stock. (To watch Chappell’s track record, click here)
Chappell’s bullish stance on Genco Shipping is in line with Wall Street’s view. GNK has a Strong Buy consensus rating, based on 4 Buy ratings and single Hold set in recent weeks. Meanwhile, the average price target of $10.80 leaves a room for nearly 119% upside from current levels. (See Genco stock analysis on TipRanks)
Kejpovi u Kini danas rastu preko 20%