Posted by firehawk > 2017-02-21 23:00 | Report Abuse

POSH’s 4Q losses more than double to S$491 mil on impairments

SINGAPORE (Feb 21): Offshore support vessel operator PACC Offshore Services Holdings (POSH) has reported a net loss of US$345.4 million (S$491 million) for the 4Q16 ended Dec, more than double of its loss of US$149.7 million in 4Q15.

The latest quarterly results were primarily impacted by impairments of US$111.2 million and US$198.9 million, to goodwill and vessels respectively in 4Q16.

Revenue for 4Q declined 49% to US$36.7 million, amid what POSH describes as “continued challenging conditions across the industry”.
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Shares of POSH closed 4% lower at 36 Singapore cents on Tuesday.

Posted by Investopia > 2017-02-24 11:26 | Report Abuse

Jialat Liao.... wil take some time to recover back to black...

Posted by abv8888 > 2017-02-24 15:37 | Report Abuse

Be careful ....the cash flow.

Posted by chinkeong88 > 2017-03-16 08:59 | Report Abuse

It continue in red color since in two year ago.. such a loss continuously, how long can it defend like this suffer? Close shop at the end...hehe

Posted by deadchicken > 2017-03-17 12:24 | Report Abuse

sleeping giant waking up. BDI index 1172 and China demand goes strong.

Posted by deadchicken > 2017-03-17 12:27 | Report Abuse

RM2.00 coming!!

Posted by deadchicken > 2017-03-17 13:17 | Report Abuse

http://www.economiccalendar.com/2017/03/16/baltic-dry-index-approaches-2016-peak/

Posted by deadchicken > 2017-03-17 13:19 | Report Abuse

The BDI keeps powering forward, and on Thursday it added 25 points to reach 1172 points. It is now at its highest since early December and is quickly approaching its 2016 peak of 1,231 points.

Driving the BDI’s ascent is an increased demand for raw materials in China as the country stockpiles with the peak building season quickly approaching. Higher demand for iron ore is boosting the capesize component of the BDI index.



Earlier this week, Freight Investor Services said that the capesize index could reach new highs, having broken trend resistance two weeks ago with momentum continuing. FIS noted that recent upward moves have lasted up to eight weeks and with the climb in the capesize currently entering week five more upside could be expected. FIS noted that technically it looks as if we are starting a new bull cycle.

Strength in the capesize is really powering the BDI’s latest leg higher but soon the panamax component of the BDI should join in on the rally. Brazil’s soybean harvest is currently underway and as it proceeds demand to ship soybeans to China should increase panamax hire rates. March is peak soybean harvest season, and the harvest season generally pushes into April and then peak shipping season for soybeans begins. This year, there are positive expectations for China’s demand for soybeans.

The early spring should; therefore, be a good one for the BDI, with one major caveat Higher iron ore demand from China is what is really driving the capesize index and therefore the BDI’s ascent. This demand should continue at least for the next few months but there are concerns demand to ship iron ore into China could decrease due to the large amount of iron ore currently sitting at Chinese ports.

Posted by deadchicken > 2017-03-17 16:53 | Report Abuse

Last minutes about 3.5m deal done. Huat ar next week Monday!!!

Posted by deadchicken > 2017-03-17 19:12 | Report Abuse

BDI index 1172

Posted by chinkeong88 > 2017-03-18 00:06 | Report Abuse

Huge volume today at last 15minutes.. is investors bought??

Posted by deadchicken > 2017-03-18 08:16 | Report Abuse

BDI index 1196

Posted by chngmenghui > 2017-03-18 11:08 | Report Abuse

From where can i read n know about the news that 80% of their vessels r occupied?pls let me know

Posted by deadchicken > 2017-03-18 11:10 | Report Abuse

16 vessels and 1 tanker are occupied now. Good!!!

Posted by sheep > 2017-03-18 11:27 | Report Abuse

out of 24 vessels and 3 tankers?

Posted by deadchicken > 2017-03-18 11:54 | Report Abuse

Now they have 19 vessels and 2 tanker only.

Posted by deadchicken > 2017-03-18 11:57 | Report Abuse

Spot TC avg up to USD 9K plus double from last year.

Posted by chngmenghui > 2017-03-18 13:09 | Report Abuse

Tq

Posted by deadchicken > 2017-03-18 15:26 | Report Abuse

http://www.marinetraffic.com
Search their vessel here

Posted by chngmenghui > 2017-03-18 15:55 | Report Abuse

Tqvm

Posted by deadchicken > 2017-03-18 16:55 | Report Abuse

last minute bought 3.5m shares maybe from foreign funds. Get ready to take off soon. Bulk carrier companies already suffer for so many years. This is the right time for them to earn back what they had lost. Last year metal companies recovered, next is bulk carriers.

Posted by deadchicken > 2017-03-18 17:17 | Report Abuse

http://www.simic.net.cn/news_show.php?id=194817

Posted by deadchicken > 2017-03-19 11:40 | Report Abuse

https://finance.sina.cn/2017-03-16/detail-ifycnikk0899611.d.html?from=wap&HTTPS=1

Posted by deadchicken > 2017-03-19 11:41 | Report Abuse

早起的鸟儿有虫吃！

Posted by chngmenghui > 2017-03-19 17:48 | Report Abuse

谢谢你提供的资料

Posted by Ahbeng11 > 2017-03-19 20:05 | Report Abuse

Maybulk problems on posh, how is posh will affected maybulk performance

Posted by hng33 > 2017-03-20 10:46 | Report Abuse

bought maybulk at 74.5sen

Posted by deadchicken > 2017-03-20 10:52 | Report Abuse

Take off soon!!!

Posted by hng33 > 2017-03-20 10:53 | Report Abuse

bought more maybulk at 75.5sen

Posted by hng33 > 2017-03-20 11:32 | Report Abuse

BDI = 1196

Posted by deadchicken > 2017-03-20 15:42 | Report Abuse

Black Horse 2017!!!!

Posted by deadchicken > 2017-03-20 15:44 | Report Abuse

look at this link https://finance.sina.cn/2017-03-16/detail-ifycnikk0899611.d.html?from=wap&HTTPS

all dry bulk counter started to move now.

Posted by chngmenghui > 2017-03-20 15:50 | Report Abuse

Buyer not strong enough

Posted by deadchicken > 2017-03-20 22:10 | Report Abuse

BDI 1205!!!!!!

Posted by chngmenghui > 2017-03-20 23:07 | Report Abuse

Hopefully this will move the share price

Posted by deadchicken > 2017-03-21 09:21 | Report Abuse

波罗的海贸易海运交易所干散货运价指数周一连续第14日上涨，因海岬型船舶运费升高。整体干散货运价指数升9点，或0.75%，报1,205点，为11月23日以来最高。该指数衡量的是铁矿石、水泥、谷物、煤炭和化肥等资源的运输费用。
　　波罗的海海岬型船运价指数上涨53点，或2.2%，报2,466点。海岬型船舶日均获利上升317美元，报18,080美元，为四个月高位。该型船舶的通常运载量为15万吨。波罗的海巴拿马型船运价指数跌5点，或0.45%，至1,103点。日均获利降39美元，报8,875美元。该型船舶的通常运载量为6-7万吨。
　　较小型船舶中，超灵便型船运价指数上升5点，至884点；灵便型船运价指数升2点，报510点。

Posted by chngmenghui > 2017-03-21 10:13 | Report Abuse

Tq

Posted by chngmenghui > 2017-03-21 10:18 | Report Abuse

但股价不跑???

Posted by deadchicken > 2017-03-21 11:08 | Report Abuse

Patient bro...

Posted by sniper123 > 2017-03-21 13:06 | Report Abuse

Sori dui bu chi
wo bu Jiang HAN yu
Qing ni Jiang Ying ren, how ba????

Posted by deadchicken > 2017-03-22 16:15 | Report Abuse

Shark keep collecting!!

Posted by hng33 > 2017-03-22 16:16 | Report Abuse

bought more maybulk at 75.5-76sen

Posted by chngmenghui > 2017-03-22 16:53 | Report Abuse

Me too

Posted by chinkeong88 > 2017-03-22 19:57 | Report Abuse

Im waiting the report turn to green... im keep buying this counter for two year already..

Posted by deadchicken > 2017-03-24 11:48 | Report Abuse

港口航运板块早盘直线拉升，截至发稿，该板块整体涨幅逾2%。个股方面，连云港[股评]接近涨停，北部湾港[股评]涨逾7%，珍珠港涨近6%，南京港涨逾4%，大连港、盐田港涨逾2%。

分析认为，干散货航运大周期复苏条件已经具备。2016年是干散货本轮周期的底部，预计2017年BDI同比上涨33%-63%，中长期上涨空间大。兴业证券[股评]分析师看好2017年航运业复苏，并认为当前干散货和集运子行业处于复苏前夜，需求企稳叠加集运集中度提升及干散货产能利用率的反转，将是2017年运价向上弹性放大的重要条件，结构性复苏已启动。

Posted by chickmonk > 2017-03-24 14:52 | Report Abuse

Dry bulk starting recovery soon. Get it before too late!

Posted by chngmenghui > 2017-03-24 16:13 | Report Abuse

Deadchicken谢谢你的跟进资料

Posted by chngmenghui > 2017-03-24 16:36 | Report Abuse

Bdi?

Posted by chickmonk > 2017-03-24 16:55 | Report Abuse

Not bad. 0.76 all finish sapu!

Posted by chngmenghui > 2017-03-24 18:18 | Report Abuse

Haha.i sapulah