MPC Container Ships (MPCC) 🚢

[sulzrox]

– Markedet ser sterkt ut i 2021

[Keefer]

Hvordan kan det ha seg at et så stort selskap som MPCC med hele 65 containerskip ligger og vaker med så lav MCAP i dagens marked hvor det skrikes etter containerskip, og de nærmest kan ta den prisen de vil for skip i spot? Er dette et av de mest undervurderte selskap på Oslo børs?

Femdoblede kostnader: Dette er containerkrisen

Økte fraktpriser kan gi tomme hyller og dyrere varer fra Kina

Containerkrise og historisk høye shippingrater kan gi prishopp

[Keefer]

Her er utviklingen av fraktprisene: https://fbx.freightos.com/

[Frodoen]

Noen på topp 20 som selger seg ut.
Morgan har ca 7 mill aksjer igjen.

Når de er ferdig kan de bli spennende.

Spørs hvem som kjøper.

Ratene er jo sky high.

[Keefer]

Hadde vært spennende å følge med på topp 20. Er det noen som har tilgang til oppdatert liste?

[Gnenoj]

[Oksen123]

Gladmelding fra PAS:

• MPCC: Fixtures and asset values continuing higher in line with estimates *
   MPC has had a tough start to 2021 (down 17% YTD) despite positive datapoints ticking in seemingly by the week
  Five unconfirmed fixtures have been reported since our last update (16 December), all in line with our estimates yielding ~20% FCF yield in both 2021 and 2022. Here we highlight just two examples:
  ‘AS California’ (2,800 TEU) have reportedly been chartered to Maersk for 18 months at USD 18,000/day (we estimate USD 18,500/day in 2021 and USD 15,000/day in 2022). The vessel was previously employed at USD 8,250/day
  ‘AS Selina’ (1,700 TEU) is said to have been fixed to Hapag-Lloyd for 6 months at USD 13,000/day (spot on our 2021 estimate) – a significant improvement from the previous USD 5,650/day contract
  In addition, the SCFI Index is up 9% YTD – indicating continued strong underlying demand for containers. As a large part of the world remains in lockdown, we expect this to continue for the time being – aided by a new round of stimulus checks expected in the US. MPC expects to close 20 and 13 fixtures in Q1 and Q2, respectively
• At the time of our report, our TP of NOK 7 per share corresponded to a 7.5% discount to a YE’21e NAV with values 20% higher *
  Since then, values have appreciated some ~15% and we currently estimate an NAV of NOK 6.6 per share (P/NAV 0.83x) – with only 5% more needed to reach a YE’21e NAV of NOK 7 per share with the same 7.5% discount

[Lofoten]

Behov for krise emisjon sist sommer tvang selskapet til å trykke nesten 300 millioner aksjer til 1,- kr. Når 3/4 av selskapets aksjer har hatt 500-600% stigning på kort tid, er det mange av aksjonærer som ønsker en gevinst sikring. Dette antar jeg er hovedårsaken til dagens kursnivå.

[TekBot]

MPC Container Ships ASA publishes container market and operational update

Oslo, 2 February 2021 - MPC Container Ships ASA (“MPCC” or the “Company”,
together with its subsidiaries the “Group”) today published a container market
and operational update in lieu of the continuously strong markets for global
…

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container tonnage. The update is enclosed herewith.

Further information and contact:

For further information, please contact ir@mpc-container.com.

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code “MPCC”) was formed in April 2017. Its main
activity is to own and operate a portfolio of container ships serving intra
-regional trade lanes. The Company is registered and has its business office in
Oslo, Norway. For more information, please see our website: www.mpc
-container.com.

Kilde

[sulzrox]

https://www.mpc-container.com/investors-and-media/press-releases/2021/mpc-container-ships-asa-publishes-container-market-and-operational-update/

Dette ser vel meget bra ut?

Optimised portfolio by actively utilising improved S&P market

• Divested smaller tonnage with 16.1 years average age: AS Laguna (996 TEU), AS Fiona (1,200 TEU) and AS Frida (1,200 TEU) at USD 12.7m
• Acquired 2007-built MV Nordspring (tbn “AS Nadia”) (3,500 TEU) at USD 10m, subsequently fixed with secured revenue of USD ~8m

Continued access to strong charter market, creating good earnings visibility for FY 2021-22

• Fleet utilization: 95.5% (Oct. 2020), 96.7% (Nov. 2020), 98.9% (Dec. 2020), 99.2% (Jan. 2021)
• 41 fixtures concluded since primo Q4 2020, thereof 26 /15 vessels in <2,000 TEU / >2,000 TEU sub-segment
• Average charter rate of USD ~14,400/ day per vessel with average duration of 12 months during Nov. 2020 – Jan. 2021
• 9 fixtures expected during remainder of Q1 2021, 18/11 fixtures expected in Q2 /Q3 2021
• USD ~124m / ~36m in secured revenue for FY 2021 / FY 2022

[sulzrox]

På veg mot 9kr?

[sulzrox]

Fra E24: (betalingsmur)

En norsk aksje under manges radar – enn så lenge

Utdrag:
" Det hele understreker at MPC, som har vært sterkt eksponert mot spotmarkedet, nå har fått låst inn store inntekter fremover i tid. Det borger ganske så bra for fri kontantstrøm, balansen og for å sparke i gang skikkelige utbytter over tid, i en aksje som fremdeles er ned nesten 30 prosent det siste året.""

TA:
Er vi klar for eit nytt legg opp?
Litt motstand rundt 6,86. Volum blir interessant å følge med på.
Mulig Cup&Handel. (Litt liten Handel)

[TekBot]

MPC Container Ships ASA announces date for Q4 and twelve-month 2020 results

Oslo, 23 February 2021 - MPC Container Ships ASA (the “Company”) will be
releasing its fourth quarter and twelve-month 2020 report prior to market
opening on Thursday 25 February 2021.
…

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The Company will host a webcast for the presentation of the Q4 2020 results
commencing on Thursday 25 February 2021 at 15:00 hours CET / 09:00 hours EST.
The presentation will be made available on the Company’s webpage
(https://www.mpc-container.com/en/financial-reports/) from 12:00 hours CET /
06:00 hours EST. There will be a Q&A session after the presentation.

The event is being streamed. It is recommended that you listen via your computer
speakers. Please note that for optimal viewing, it is recommended not to use
VPN, but instead to connect directly to the internet. Please disable pop-up
blockers in order to view the content in its entirety.

The live webcast can be accessed through the following link:

https://edge.media-server.com/mmc/p/ecz386nr

Alternatively, participants may dial in to the earnings call using the below
dial-in information:

Norwegian LocalCall Dial-In (Oslo): +47 23 96 02 64

US LocalCall Dial-In (New York): +1 (631) 510-7495

International/Toll Attendee Dial-In: +44 (0) 2071 928000

Conference ID: 8783105

Following the earnings call, a post-call recording of the webcast will be made
available on the Company’s webpage (https://www.mpc-container.com/en/financial
-reports/).

For further queries, please contact:

ir@mpc-container.com

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code “MPCC”) was formed in April 2017. Its main
activity is to own and operate a portfolio of container ships serving intra
-regional trade lanes. The Company is registered and has its business office in
Oslo, Norway. For more information, please see our website: www.mpc
-container.com.

Kilde

[TekBot]

MPC Container Ships ASA reports Q4 and twelve-month 2020 results

· Improved operating revenue, utilization and EBITDA compared to Q3 2020.
· Q4 2020 results still impacted by COVID and other non-recurring effects.
· Intense chartering activity both in Q4 2020 and YTD 2021 translates into
…

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significant charter backlog of ~USD 157m for FY 2021.

Oslo, 25 February 2021

Q4 and twelve-month 2020 results:

MPC Container Ships ASA (“MPCC” or the “Company”, together with its subsidiaries
the “Group”) today published its unaudited financial report for the twelve-month
period ended 31 December 2020.

· Total revenue was USD 45.6 million in Q4 2020 (Q3 2020: USD 41.2 million).
· EBITDA was USD 4.5 million in Q4 2020 (Q3 2020: USD 2.7 million), and
adjusted EBITDA was USD 7.6m in Q4 2020.
· Net loss was USD 18.4 million in Q4 2020 (Q3 2020: USD 17.8 million), and
adjusted net loss was USD 10.5m in Q4 2020.
· Utilization was 97.0% in Q4 2020 (Q3 2020: 93.8%).
· Average time charter equivalent (“TCE”) was USD 8,115 per day in Q4 2020 (Q3
2020: USD 7,412 per day).
· Cash and cash equivalents stood at USD 39.3 million as at 31 December 2020.
As at the same date, the Group has an equity ratio of 56.5% and a leverage ratio
of 40.8%.

As at 31 December 2020, the Group has acquired and taken over 65 container
vessels, whereof 57 are fully owned and 8 are operated in a joint venture.

For FY 2021, management currently expects, subject to certain assumptions,
revenues in the range of USD 200-240m and EBITDA in the range of USD 90-120m.

The above indication is based on 68% fixed operating days charter coverage for
FY 2021, reflecting ~USD 157m in contracted charter revenue. Please also note
that the above indication is subject to assessments of the current macroeconomic
and charter market environment. Accordingly, this indication involves a number
of risks and uncertainties, and the actual future financial performance of the
Company may vary significantly from the present outlook.

CEO Constantin Baack comments in relation to the announcement: "The year 2020
proved unexpectedly volatile, but the v-shaped recovery during the latter half
boded very well for the container shipping industry in particular. Tonnage
providers such as MPC Container Ships are greatly benefitting from the sharp
upturn in charter rates, albeit with a certain time lag as our customers
exhausted their pre-recovery charterparties to their fullest.

By now, the strong market momentum has pushed charter rates to 10-year highs
whilst extending achievable charter periods. In the midst of these ideal market
dynamics, MPC Container Ships has re-chartered out the majority of our fleet and
will see more vessels coming open during the next months. As such, the company
is accumulating a sizeable charter backlog and secured earnings.

The world has witnessed more than one demand disruption during the past few
years, and one should not discard similar occurrences going forward. That being
mentioned, we view the current market momentum and fundamentals as very
compelling, and look forward to 2021."

Q4 and twelve-month 2020 earnings call and webcast:

The Company will host a webcast for the presentation of the Q4 2020 results
commencing on Thursday 25 February 2021 at 15:00 hours CET / 09:00 hours EST.
The presentation will be made available on the Company’s webpage
(https://www.mpc-container.com/en/financial-reports/) prior to the earnings
call. There will be a Q&A session after the presentation.

The event is being streamed. It is recommended that you listen via your computer
speakers. Please note that for optimal viewing, it is recommended not to use
VPN, but instead to connect directly to the internet. Please disable pop-up
blockers in order to view the content in its entirety.

The live webcast can be accessed through the following link:

https://edge.media-server.com/mmc/p/ecz386nr

Alternatively, participants may dial in to the earnings call using the below
dial-in information:

Norwegian LocalCall Dial-In (Oslo): +47 23 96 02 64

US LocalCall Dial-In (New York): +1 (631) 510-7495

International/Toll Attendee Dial-In: +44 (0) 2071 928000

Conference ID: 8783105

Following the earnings call, a post-call recording of the webcast will be made
available on the Company’s webpage (https://www.mpc-container.com/en/financial
-reports/).

The above information is subject to the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act.

Further information and contact:

For further information, please contact ir@mpc-container.com.

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code “MPCC”) was formed in April 2017. Its main
activity is to own and operate a portfolio of container ships serving intra
-regional trade lanes. The Company is registered and has its business office in
Oslo, Norway. For more information, please see our website: www.mpc
-container.com.

Forward-looking statements:

This announcement includes forward-looking statements. Such statements are
generally not historical in nature, and specifically include statements about
the Company’s plans, strategies, business prospects, changes and trends in its
business, the markets in which it operates and its restructuring efforts. These
statements are made based upon management’s current plans, expectations,
assumptions and beliefs concerning future events impacting the Company and
therefore involve a number of risks, uncertainties and assumptions that could
cause actual results to differ materially from those expressed or implied in the
forward-looking statements, which speak only as of the date of this news
release. Consequently, no forward-looking statement can be guaranteed. When
considering these forward-looking statements, you should keep in mind the risks
described from time to time in the Company’s regulatory filings and periodical
reporting. The Company undertakes no obligation to update any forward-looking
statements to reflect events or circumstances after the date on which such
statement is made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the Company to
predict all of these factors. Further, the Company cannot assess the impact of
each such factor on its business or the extent to which any factor, or
combination of factors, may cause actual results to be materially different from
those contained in any forward-looking statement.

Kilde

[TekBot]

MPCC: notification of primary insider trading cf. STA Sec. 4-2

With reference to Section 4-2 of the Norwegian Securities Trading Act (“STA”), kindly note the following primary insider trade:

Name of listed entity: MPC Container Ships ASA
…

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ISIN number: NO0010791353
Stock ticker: MPCC
Name of primary insider Darren Maupin
Relation to listed entity: Member of the Board of Directors
Trade: 620,437 shares received
Date: 26.02.2021
Average price: NOK 6.32 per share
Primary insider’s total shareholdings post-trade: 1,129,083
Primary insider’s percentage shareholding post-trade: 0.2864%

Note further that the transaction is not a share purchase but represents a PIK fund redemption from Pilgrim Global ICAV where Mr. Maupin serves as Director. The transaction has been planned since late 2020. The amount of shares received and the timing of the transaction has been outside the control of Mr. Maupin.

Mr. Maupin has declared that he has fulfilled his duty to investigate whether in possession of inside information related to MPC Container Ships ASA (“MPCC”), cf. STA Section 3-2 and 3-6. He has concluded that he does not for the time being possess information of a precise nature which is likely to have a significant effect on the share price of MPCC or related financial instruments.

Kilde

[TekBot]

MPC Container Ships ASA Trade Report

Pilgrim Global ICAV transferred 620,437 shares in MPC Container Ships ASA on 26th of Feb 2021 to Darren Maupin at a price of NOK 6.32 per share. Following this trade, Pilgrim Global ICAV holds 24,132,230 shares in MPC Container Ships ASA (6.121%). Pilgrim is represented at the board of directors of MPC Container Ships ASA by Darren Maupin.
…

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Kilde

[sulzrox]

Ser fortsatt lovende ut.

[Goose11]

Det er vakkert. Venter på brudd.
Opp forhåpentlig😀

[Alfa]

Hva får deg til å trekke slutningen om 18NOK i toppen her?

[sulzrox]

Toppen? Nei mostand område om vi kommer ditt.