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Added to YB: 2024-02-01

Pitch date: 2024-02-01

S56.SI [bullish]

Samudera Shipping Line Ltd

+72.45%

current return

Author Info

Company Info

Samudera Shipping Line Ltd engages in the transportation of containerized and non-containerized cargo to various ports in Southeast Asia, the Indian Sub-continent, the Far East, and the Middle East, and internationally.

Market Cap

SGD 403.4M

Pitch Price

SGD 0.56

Price Target

N/A

Dividend

10.89%

EV/EBITDA

1.51

P/E

3.98

EV/Sales

0.53

Sector

Marine Transportation

Category

value

Show full summary:
Samudera Shipping Line (ticker: S56.SI)

$S56.SI: $274M mkt cap, $400M cash+receivables, $115M liabilities. Solid profits, $60M H1 op profit. Red Sea issues benefit, up 10% vs $ZIM +100%. $200M dividends in 2yrs. Net-net dividend payer w/ short-term macro tailwinds likely to persist.

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