Market's view on Clarkson
Published on April 2024
- Stock watcher highlights that £40 has little resistance with an all-time high soon anticipated.
- A stock watcher refers to an IC article recommending a buy for CKN, noting its resilience due to its diversified operations.
- A positive sentiment is expressed about CKN’s share price potentially reaching £40, supported by a precise profit forecast report.
- A stock watcher acknowledges decent financial results from CKN, though expected higher EPS and revenue.
- Discussion focused on the anticipation of final results announcement.
- A detailed update from CKN indicates robust trading, especially in Broking division, with profits expected to be above market expectations.
- A stock watcher discusses the potential short-term impact of Red Sea attacks on container shipping, expressing concerns about hardening large vessels.
- A comparison is made between Clarkson and other shipping firms, highlighting limited investment opportunities in the shipping sector on the UK stock exchange.
- Stock watchers discuss Clarkson’s expected performance, forecasted earnings per share, and J.P. Morgan’s target price increase.
- Analysis shared on Clarkson’s shipping market segments, emphasising positive trends in Dry Cargo and Tanker rates while noting weaker Container rates.
- Discussion on Clarkson breaching £30 share price for the first time in four months.
- A stock watcher shares insights into shipbroking market dynamics, bullish on both Braemar and Clarkson due to favourable conditions in tanker and dry cargo markets.
- A stock watcher reacts to the Baltic Dry Index reaching a 1.5-year high, indicating positive market trends.
- Analysis of the impact of China’s stimulus package and events in the Panama Canal on time charter rates, with predictions of strong performance for Clarkson in the next 12-18 months.
- Critique of the uncapped pay for Clarkson’s CEO and CFO, highlighting it as disproportionate compared to company dividends.
- A stock watcher expresses confusion over a drop in share price despite positive interims, attributing it potentially to market sentiment.
- Observations made about timely advancements in digital releases of financial write-ups, suggesting prior access before public release.