Business
Singapore Shipping Corp–The replacement ship and third quarter
By Investment Moats  •  February 13, 2014
Singapore Shipping Corp–The replacement ship and third quarter vZbwSnU Nothing much to say about the business. You can read about it over here: Singapore Shipping just announced their third quarter results. You can read the announcements here Third quarter results was better than last year. The main difference being the contribution of Cougar Logistic’s assets. This was offsetting the loss in earnings this year  due to dry docking. Ships do need to be maintained to keep them tip top in the long run. For the ships they can be dry dock every 3 –5 years depending on the conditions. These are loss earnings. It looks like we will hit USD $ 8.2 mil in profits for the full year or  USD $1.8 cents in EPS which is a 10% earnings yield at the price of SGD $0.225. ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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