(I wanted to do an extensive post on this counter. But the sudden rise in its share price make me feel that I should just post what I know first.)
While communicating about investing with my superior over lunch one day, he stated that he was looking at the marine industry as he felt the marine industry has hit a bottom and a turnaround was near.
Although I dismissed this idea straightaway, but I still decided to look through the company in the marine industry to see if I can find any good counters to invest in.
The search led me to Samudera Shipping Line Ltd.
Profile In Short (Taken from Website and 2015 Annual Report)
Samudera Shipping Line Ltd (Samudera) is engaged in the transportation of containerized cargo, gas, liquid and bulk cargo in the Southeast Asia, Indian Subcontinent, as well as the Far East. The Group’s services …