3/26/2023 0 Comments Cosco tracking port to port![]() If you'd like to know more about COSCO SHIPPING Ports as a business, it's important to be aware of any risks it's facing. However, the positive outlook means it’s worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value?Īre you a potential investor? If you’ve been keeping an eye on 1199, now may not be the most optimal time to buy, given it is trading around its fair value. ![]() However, there are also other important factors which we haven’t considered today, such as the track record of its management team. What This Means For YouĪre you a shareholder? It seems like the market has already priced in 1199’s future outlook, with shares trading around its fair value. Growth doesn’t appear to be a main reason for a buy decision for the company, at least in the near term. Though in the case of COSCO SHIPPING Ports, it is expected to deliver a relatively unexciting earnings growth of 9.1%, which doesn’t help build up its investment thesis. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. What does the future of COSCO SHIPPING Ports look like? SEHK:1199 Earnings and Revenue Growth February 23rd 2023įuture outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. Is there another opportunity to buy low in the future? Since COSCO SHIPPING Ports’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. And if you believe that the stock is really worth HK$5.55, then there isn’t much room for the share price grow beyond what it’s currently trading. View our latest analysis for COSCO SHIPPING Ports What Is COSCO SHIPPING Ports Worth?Īccording to my valuation model, COSCO SHIPPING Ports seems to be fairly priced at around 4.3% below my intrinsic value, which means if you buy COSCO SHIPPING Ports today, you’d be paying a reasonable price for it. A question to answer is whether COSCO SHIPPING Ports' current trading price of HK$5.31 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at COSCO SHIPPING Ports’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. ![]() Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. Shares in COSCO closed 0.2 cent lower or 1.03% down at 19.3 cents on Feb 15.COSCO SHIPPING Ports Limited ( HKG:1199), might not be a large cap stock, but it saw significant share price movement during recent months on the SEHK, rising to highs of HK$6.53 and falling to the lows of HK$5.31. ![]() The group will release its full results around March 1. The amount to be impaired has been assessed to be $99 million,” says COSCO in its Feb 15 statement.įor the FY2021 ended Dec 31, 2021, the group reported a 261% y-o-y surge in its earnings of $30.1 million, lifted by the gain on disposal of its 60% equity interest in its shipping subsidiary. “In accordance with the Singapore Financial Reporting Standards, the management of the company performed an annual impairment assessment on the goodwill and concluded that an impairment was required for FY2022. Cogent Holdings was compulsorily acquired by COSCO Shipping for $490 million in 2018. (formerly known as Cogent Holdings Limited). The loss was due to a non-cash impairment of goodwill in connection with the group’s investment in Cogent Holdings Pte. COSCO Shipping International is expecting to report a net loss in the FY2022 ended December with a “significant deterioration” in profit during the year. ![]()
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