revenue FY17 only $112 , m FY18 double to $250m, this year FY19..could be triple $750 million..but the main issue is, profit so small...only 5-6 million !!.
Bunkering , Fuel transportation , Port operation services will affected by O&G fall? or Covid19 ? Ships and all kind marine vessel regardless merchant vessel, service vessel, O&G vessel .. need to be refuel to operate . Bunkering is a service not O&G producer . And Port Operation , also a service provider. Just market sentiments .
China already recovering from corona..should expect sea transportation will be fully recovered soon..and this one falls under essential services.. they involve in selling marine oil, not producing one..price up or down, they just maintain the same profit margin.
Forecast earnings growth is above the savings rate. Has become profitable over the past 5 years, growing earnings by 72% per year. debt to equity ratio has reduced from 69% to 29 % over the past 5 years. Debt is well covered by operating cash flow
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cutecutepanda
151 posts
Posted by cutecutepanda > 2020-02-06 16:22 | Report Abuse
limit up should be 150%