Diskusjon Triggere PortefĂžljer AksjonĂŠrlister

MPC Container Ships (MPCC) 🚱

Transport
#62

HÞy RSI viser pÄ positivt momentum i mindre selskap. HÞy RSI i large cap ofte pÄ overkjÞpt og salgsignal

#63

Tusen takk for det.

#65

Change of significant shareholdings, MPC Container Ship

#66

MPC Container Ships ASA publishes FY 2020 Annual Report and FY 2020 ESG Report

#67

Financial calendar

#68

Pareto

Update - 23 Mar 2021

MPC Container Ships - Asset values are continuing higher



and we raise our TP to NOK 12 (9) in line with NAV The container market has picked up exactly where it left off before Lunar New Year; on fire. Asset values are being marked up seemingly by the day as charterers scramble to get a hold of tonnage. This is especially benefitting levered vessels in the 10 – 15-year sweet spot – exactly in MPC’s age bracket. The company continues to fix vessels in line with our estimates and we see double-digit FCF yield p.a. in 2021-22 – of which nearly 50% is fixed. We believe the market will remain strong long enough for MPC to lock-in more fixtures at decade highs (17x guided for Q2). We see a current and YE’21 NAV of NOK 12 – 13 per share, and raise our TP to NOK 12 (9) – BUY reiterated

2 Likes
#69

Hva er dine meninger om analysen zappa? Jeg sÄ for meg en pris pÄ 15 kr


#70

“MPCC: Fixes 2,800 TEU at USD 24,750/day for 24 months – ~30% above our estimates
According to Alphaliner, MPC has fixed the 2,800 TEU ‘AS Carinthia’ (2003-built) at USD 24,750/day for 24 months from Apr’21
The vessel comes of a USD 8,800/day contract and the new fixture is ~30% above our estimate – speaking volumes about how tight the container market currently is (two spot ships on record)
We estimate the contract to generate some USD ~13m in EBITDA for the period, more than our entire (newly revised) NAV-quote for the vessel of USD 11m – and as such we see further upside to both our estimates and NAV
We do not at all expect management to have included levels like these when they issued guidance last month, so expect positive revisions at the Q1 release. We are currently in the absolute high end of their EBITDA-range, but obviously expect to make positive revisions here
While some have raised concerns over ordering activity in the container space recentlym it should be noted that this has almost exclusively been larger vessels. The orderbook to fleet ratio for >8,000 TEUs have gone from 15% in Mar’20 to 18% today, while feeders (<3,000 TEUs) have dropped steadily from 10% to 7%.” - Pareto 24.03.2021 (Shipping Daily)

#71

Jeg har ingen mening om analysen

#72

Vet bare at det er elleville priser pÄ container frakt nÄ. Kan slÄ ut meget bra nÄ mot sommeren

#73

Da hjelper det ikke at Suez er stengt i tillegg

#74

Med at kanalen er stengt burde vell bety at dersom dem skal rundt Afrika sÄ trengs det flere skip som gjÞr at dem blir dyrere. Det er vel verre for tank

#75

Det er bra for alt shipping. Spesielt tank med eksponering mot Suez-bÄter (f.eks NAT, TNK og OET og produkt tankers (STNG & HAFNIA). Og ikke minst bulkers (f.eks Belships) og container selskaper med hÞy eksponering mot spot (ZIM, DAC & GSL).

#76

Shippingaksjene ligger blant vinnerne pÄ bÞrsen, der sektoren stiger etter at et gigantisk containerskip satt seg fast i Suez-kanalen, en av verdens viktigste handelsruter. Eksperter mener at det kan ta dager eller til og med uker Ä fÄ skipet lÞs.

#77

Dersom dette varer litt kommer det til Ä pÄvirke de allerede sterkt pressede langtidsratene som MPCC profitterer pÄ. Det er mye containerfrakt som gÄr gjennom denne kanalen, og det vil medfÞre fÊrre tilgjengelige skip til nye oppdrag dersom disse mÄ kjÞre lange omveier.

1 Like
#78

Sakset fra Shareville:

Noe av det mest interessante med Ă„rsrapporten er vel dette.

  • Prices increased from USD 3.75 million for a ten year old 1,000 TEU vessel in June 2020 to USD 6.5 million in February 2021.
  • For a ten year old 1,700 TEU vessel, the price increased from USD 6 million in June 2020 to USD 11 million in February 2021
  • 8m USD to USD 15 million for a 10 year old 2,800 TEU vessel
    =ca 90% verdistigning i assets ila 8mnd.
3 Likes
#79
2 Likes
#80

MPC Container Ships ASA announces annual general meeting

#81

Er det forberedelse til US-notering som skal gjĂžres:

– Reverse share split
For Ă„ legge til rette for hensiktsmessig handel og
prising av Selskapets aksjer foreslÄr styret Ä
gjennomfĂžre en aksjespleis i forholdet 10:1, slik
at 10 aksjer i Selskapet slÄs sammen til én aksje.
In order to facilitate orderly trading and pricing
of the Company’s shares, the Board proposes to
implement a reverse share split in the ratio of
10:1, so that 10 shares in the Company are
consolidated to one share.
Det foreslÄs at de av aksjonÊrene som har en
aksjebeholdning som ikke kan deles pÄ 10 vil fÄ
sin aksjebeholdning avrundet opp til nĂŠrmeste
hele tall, vederlagsfritt. Selskapet vil vederlagsfritt avgi det antall aksjer som denne
avrundingen vil medfĂžre, eller alternativt vil dette
blir oppnÄdd pÄ annet vis.
It is proposed that the shareholders with a
number of shares that cannot be divided by 10
will have their number of shares rounded up to
the closest whole number, free of charge. The
Company will free of compensation hand over the
number of shares that such rounding will entail,
or alternatively this will be achieved through
other means.
Det foreslÄs videre at styret gis fullmakt til senere
Ă„ fastsette nĂŠrmere tidspunkt for gjennomfĂžring
av spleisen, herunder siste dag for handel fĂžr
spleis, fĂžrste dag for handel uten spleis (exdato), samt andre relevante tidspunkt for
gjennomfĂžringen av spleisen.

3 Likes
#82

Spennende tider. Kan de da gÄ pÄ bÞrs i usa allerede tidlig i q2 ?