High Dividend Counters, Better than putting in FD
High Dividend Counters, Better than putting in FD
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Dec 28 2007, 04:35 PM
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#1
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Senior Member
3,784 posts Joined: Jun 2005 |
APOLLO FOOD
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Dec 8 2008, 11:07 PM
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#2
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Senior Member
3,784 posts Joined: Jun 2005 |
QUOTE(simplesmile @ Dec 7 2008, 11:54 PM) I am eyeing Maybulk and Uchi Tech. i used to like maybulk but after BDI drop to 666 pts...im a bit pessimistic...somemore, the cash in the book will b used to buy a company tat involve in offshore biz (not so sure abt it) approx 800m if not mistaken....so next year div may be affected..But Maybulk might decrease due to lower international trade. Lower crude oil will also force the shipping industry to adjust shipping rates downwards. Hence, even though profitability might remain the same, the amount of profit is less. Plus piracy issues and higher freight insurance... recently I haven't read any good news about the shipping industry. Uchi Tech sales have been decreasing last 2 years. Not sure if they can innovate fast enough, or come up with new products to spur growth. I can't find much info on them. Nothing much on their website. bulk biz such as iron ore has been seeing contract renegotiated due to low demand.. due to low demand (volume) n low rate (BDI) ...better put ur money in guiness or carlsberg la |
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