Shares & Derivatives
Hutchison Port Holdings (HPH) Trust sets price at US$1.01…..just above the mid range of US$0.91 to US$1.08….
By Kevin Scully-Financial Blog  •  March 11, 2011
Hutchison Port Holdings (HPH) Trust sets price at US$1.01.....just above the mid range of US$0.91 to US$1.08....
Friday, 11 March, 2011  8:59 AM
Posted by Kevin Scully

 Just heard that HPH price is set at US$1.01......still a good medium term investment for yield.  I like its positioning as a proxy for container traffic growth in China and Asia through ShenZhen and Hong Kong with two berth expansions in 2011 and 2015 boosting the organic traffic growth and providing some downside support to its forecasted DPU.

However, we enter another 2008/2009 down spin caused by a collapse of Governments in the Middle East, I understand there is now violence in Saudi Arabia despite the US$37bn incentive, we could see revenue and earnings decline.....at the moment this seems unlikely but must be borne in mind by investors.

 


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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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One response to “Hutchison Port Holdings (HPH) Trust sets price at US$1.01…..just above the mid range of US$0.91 to US$1.08….”

  1. Jerry says:

    HPH Trust triggered and form a hammer formation on the trading charts. HPH Trust seems to be looking good and could potentially rebound from here next week.

    what are your sentiments of HPH Trust going forward?

    Refer to the technical chart here.
    http://sgsharemarket.com/home/2011/05/hutchison-port-holdings-trust-hph-trust/

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