$SAMUDERA SHIPPING LINE LTD(S56.SI)$ 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?(29 Apr)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

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