$SAMUDERA SHIPPING LINE LTD(S56.SI)$ is racing back up today. It traded at an average of $1.00 or higher before it paid out a bigdividend of about 13% in May. Looks like the stock price is now recovering from this huge payout.

The company is also expected to bring in increased profits this year, as they are in the process of acquiring more ships. Additionally, a share buyback programme has been announced.

With the market on the rebound, Samudera is well placed to benefit, and I expect share prices to soon increase. 


@Daily_Discussion @CaptainTiger @TigerStars

# 💰 Stocks to watch today?(05 Nov)

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  • MortimerDodd
    ·2022-06-01
    I really like Samudera's fundamentals.
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    • duseve
      Yes!
      2022-06-01
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  • ElvisMarner
    ·2022-06-01
    When does Samudera pay a dividend?
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    • duseve
      It was in May
      2022-06-01
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  • BurnellStella
    ·2022-06-01
    Its dividend yield is surprisingly high.
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    • duseve
      Yup!
      2022-06-01
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  • EvanHolt
    ·2022-06-01
    S56.si is the stock I'm focusing on.
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    • duseve
      Nice :)
      2022-06-01
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  • Mungerism
    ·2022-05-30
    Thanks for sharing this… interesting
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    • duseve
      Welcome :)
      2022-05-30
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  • LouisLowell
    ·2022-06-01
    Is shipping still the right investment now?
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  • CET 789
    ·2022-05-30
    [What] [What] [What]
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  • KamiKaze
    ·2022-06-01
    swee
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  • RqNc
    ·2022-05-31
    Nice
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  • Tbun
    ·2022-05-30
    ok
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  • LCWEE
    ·2022-05-30
    👍
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  • LCWEE
    ·2022-05-30
    👍
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  • Apple99
    ·2022-05-30
    [Miser]
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