Izgleda da je odluka da ne ugradjuju scrubbere ipak bila vizionarska

https://lloydslist.maritimeintelligence.informa.com/LL1131688/Dry-…r-cancellations

Dry bulk and containerships lead ‘flood’ of scrubber cancellations

"The price of 0.5% very low sulphur fuel oil now used by some 70% of the international global fleet has plunged by 278% in Singapore since the beginning of 2020, when it was as high as $653.75 per tonne, according assessments compiled by price reporting agency Argus Media.

“Persistent low marine fuel prices will hit the fortunes of shipowners who have invested heavily to have their vessels equipped with scrubbers,” said Alphatanker, a research division of Paris-based brokers BRS.

The difference in price between compliant VLSFO and 3.5% high sulphur fuel oil used by vessels with scrubbers has shrunk to $50 per tonne, from more than $400 per tonne earlier this year, according to Alphatanker.

The premium is not expected to widen as VLSFO prices are unlikely to rise given free-falling demand across the oil complex.

Dry bulk scrubber penetration is just over 12%."

Full throttle: China is back to work and iron ore will be in demand

https://www.hellenicshippingnews.com/full-throttle-…l-be-in-demand/

Freight futures am update

Capesize up ~7%
Panamax up ~2%

Baltic Dry Index Falls 2.28% to 556 in London
•Capesize -3.75% to $3,675
•Panamax +2.47% to $5,227
•Supramax 58k tons -5.01% to $7,054
•Handysize -4.4% to $5,258

Zanimljiv clanak. Uglavnom o cape-ovima, ali ima zanimljivih informacija i razmisljanja.

Crossroads for dry bulk shipping: recovery or disaster?

https://www.freightwaves.com/news/crossroad…or-disaster/amp?

“If you look at the basic fundamentals of dry bulk — the end of the rains in Brazil, the talk of stimulus in China — I think you’re probably looking at a better risk-reward [balance] than the futures are telling you,” Kartsonas said. “If you get better volumes out of Brazil, I wouldn’t be surprised to see the BDI [Baltic Dry Index] double.”

Then why are April and second-quarter Capesize FFA contracts so low? “I think most of the people who trade [FFAs] are in the Western world, in London and Geneva and places like that,” Kartsonas answered. “Everybody’s affected by what’s happening [with coronavirus], sitting at home and trying to make sense of the world. They probably don’t have the most optimistic macro perspective right now. Also, it may be derisking: People may be being told, ‘Listen, forget about trading freight for now.’”

“You’re looking at the lowest prices for freight in many years. Can they go lower? Of course. But the higher risk is that rates actually snap back on seasonality, China and better weather in Brazil. I think the broader trade that people are entering into here is: long China, short the Western world.”

Baltic Dry Index Falls 1.44% to 548 in London
•Capesize +2.45% to $3,765
•Panamax +0.5% to $5,253
•Supramax 58k tons -5.53% to $6,664
•Handysize -4.05% to $5,045

Freight futures am update

Capesize up ~10%
Panamax flat

Bilbija - 21693 kom.

https://www.mojedionice.com/trg/IzvDionica…sifSim=ATPL-R-A

Quote from jasko

Bilbija - 21693 kom.

https://www.mojedionice.com/trg/IzvDionica…sifSim=ATPL-R-A

Uuups napustanje broda ili pametno cuvanje kapitala nakon ovakvog okreta u svjetskoj ekonomiji

Quote from StatusQuo

Quote from jasko

Bilbija - 21693 kom.

https://www.mojedionice.com/trg/IzvDionica…sifSim=ATPL-R-A

Uuups napustanje broda ili pametno cuvanje kapitala nakon ovakvog okreta u svjetskoj ekonomiji

S obzirom da je 26.03. Bilo protrgovano 2.300 komada... onda je vjerovatno prebacio na drugi racun, dali za trgovanje ili je mozda zalozio za dodatni $$$ 🤔 jel se vraca u Rivp.... ili atpl 🤔

Quote from D'artagnan

Quote from StatusQuo

Uuups napustanje broda ili pametno cuvanje kapitala nakon ovakvog okreta u svjetskoj ekonomiji

S obzirom da je 26.03. Bilo protrgovano 2.300 komada... onda je vjerovatno prebacio na drugi racun, dali za trgovanje ili je mozda zalozio za dodatni $$$ 🤔 jel se vraca u Rivp.... ili atpl 🤔

Ima smisla to ili je prodao van burze ali to bi trebao sam objavit s obzirom na poziciju da je prodao, nisam gledao promet samo instant reakcija

Quote from StatusQuo

Quote from D'artagnan

S obzirom da je 26.03. Bilo protrgovano 2.300 komada... onda je vjerovatno prebacio na drugi racun, dali za trgovanje ili je mozda zalozio za dodatni $$$ 🤔 jel se vraca u Rivp.... ili atpl 🤔

Ima smisla to ili je prodao van burze ali to bi trebao sam objavit s obzirom na poziciju da je prodao, nisam gledao promet samo instant reakcija

Vjerojatno nije ni kupio ni prodao, već stavio dodatne dionice ATPL u zalog za pokriće Margin kredita, jer je vrijednost dionice ATPL pala. Naravno, sve je to uz pretpostavku da su svi ti računi njegovi, ali to zna samo on i službenici u banci, a mi možemo samo pretpostavljati. Uglavnom, zanimljive promjene u top 10, npr. novi broj 10. tko bi to mogao biti?

3.	ATPL-R-A	1.	2.	BILBIJA IGOR	-21.693	-1,55%	-3,51M	118.844	162,00	26.03.20	19,25	8,52%
		7.	6.	CROATIA BANKA D.D.	+14.625	+1,05%	+2,37M	49.335	162,00	26.03.20	7,99	3,54%
		9.	8.	SB-S D.D.	+7.068	+0,51%	+1,15M	37.702	162,00	26.03.20	6,11	2,70%
		IN	10.	Grupa računa na kojima je uknjižena ista količina vr. papira				25.000	162,00	26.03.20	4,05	1,79%
		10.	OUT	SB-S D.D.					162,00	26.03.20

Hm...

"Iron ore is at $90 per ton, best-performing commodity. Strong demand from rebounding China."

Quote from Neo

Uh...vodeci dionicar prodaje....

Svakako nije dobro jer isti moze zbiti cijenu gdje pozeli. Hvala na informaciji kolega, ubuduce dugorocno out of Atpl. Preriskantno.

Vodeci dionicari ne prodaju ovako dionice. Vjerojatno ih je stavio na margin ili nesto slicno kombinira. Trenutno ima puno prilika na trzistu pa se ne bih cudio da sada podebljava neke svoje pozicije.

to bi otprilike značilo da ako mu nešto u investicijama u atpl ili gdje god drugdje pođe po zlu i pukne margin Atpl ode u MP3?.......

Quote from hugh

to bi otprilike značilo da ako mu nešto u investicijama u atpl ili gdje god drugdje pođe po zlu i pukne margin Atpl ode u MP3?.......

Teoretski, recimo da se slazem s tobom, ali opet, ima jos 118.000 dionica AP da to pokrpa, sto je vise od 19 milijuna, pa ako i to odluci staviti na margin sa polugom recimo barem 2, ima skoro 60 milijuna kn kesa - dovoljno da kupi sve ove ostale iz top 10

Trenutne valuacije:

P/NAV = 0,45

EV/EBITDA = 4,66

Prosječni P/NAV peer grupe je 0,56, EV/EBITDA 11,4.

Trenutno imovinu firmu kupujemo sa popustom 55%.

U prilogu je peer grupa za usporedbu, a možete vidjeti i preporuke analitičara i projekcije rasta dionica za ovu godinu. Projicirani prosječni rast je 88%, unatoč svim ovim stvarima sa pandemijom.

Bit ce zanimljivo iducih tjedana a ulazimo i u 4.mjesec kad se pomalo vraca zivost na brodarskom trzistu...nisam ni sanjao da bih mogao kupovati dionicu po 150-160kn a evo nam zivotne prilike.👍

A i kinezi su opet u skoro punom pogonu:

"China’s commerce ministry said during nearly all major supermarkets, convenience stores, shopping malls and farm produce retail markets have reopened, all all e-commerce platforms are operating.

About 80% of restaurants and 60% of hotels are back in business."