EXPOLANKA HOLDINGS PLC (EXPO.N0000)

Exactly what you said is correct. DELIBERATELY ATTEMPTING TO MISLEAD

Freight rates started going down. Check the frieghtos baltic index.

Stockbull wrote:Freight rates started going down. Check the frieghtos baltic index.

IT IS JUST A SMALL DIP. A 10-15% DIP WAS SEEN IN AUGUST AND REACHED ATH IN SEPTEMBER.

There was a dip in freight rates due to Chinese golden week holidays... supply chain chaos is still very much on... shopping season ahead...rates will be sky rocketing soon...

Gowri123 wrote:
There was a dip in freight rates due to Chinese golden week holidays... supply chain chaos still very much on... shopping season ahead...rates will be sky rocketing soon...

Yep:
https://twitter.com/mintzmyer/status/1447573385752596481

ADVENTUS wrote:

Stockbull wrote:Freight rates started going down. Check the frieghtos baltic index.

IT IS JUST A SMALL DIP. A 10-15% DIP WAS SEEN IN AUGUST AND REACHED ATH IN SEPTEMBER.

May be. But SG holding share too declining from 3440 last few days,  now it is 2924.
still I can not find the direction.

https://efl.global/en/press/JOC-Rankings-Disruption-boosts-NVOs-to-majority-share-of-booming-trans-Pacific

[size=50]JOC Rankings: Disruption boosts NVOs to majority share of booming trans-Pacific[/size]

US importers have increasingly turned to non-vessel-operating common carriers (NVOs) to secure capacity during the last 10 months amid widespread vessel and equipment shortages stemming from a massive spike in consumer demand.
NVOs controlled 53.1 percent (nearly 6.8 million TEU) of total eastbound trans-Pacific volume through the first eight months of 2021, up from the 46.9 percent of imports from Asia booked through NVOs during the same period in 2020 and 43.9 percent in 2019, according to data from PIERS, a sister company of JOC.com within IHS Markit.
Of the top 25 NVOs providing capacity from Asia to the United States, 23 saw their volumes rise by double-digit percentages on a year-over-year basis, with total NVO volumes rising 44.1 percent during the period. Percentage gains were led by Sri Lanka–based forwarder EFL, which handled 62,279 TEU through August, a 308.4 percent increase from last year.
To read the article on JOC.com and view the JOC Top 25 NVOs by US Imports from Asia, please click here. 

https://gcaptain.com/freight-forwarder-containergeddon/#
Will last a very very long time

Expo.n 12 Bn profit, Qtr EPS 6.17, 6 month EPS 9.38, 300% TO Growth and ROE 28%

Very important concern on world freight demand in future

Implications for the future

While manufacturers and consumers bear the increasing costs of shipping, container carriers are reporting increasing profits. In the second quarter of 2021, main container shipping companies had an average operating profit margin of over 44 percent, up from some 8.5 percent a year earlier. Some carriers are using these profits to increase their carrying capacity by buying new containers and ordering new container ships. Since building a container ship takes around 18 months, delivering these newly ordered ships will take several years. However, there is no guarantee the current situation will last that long. If container shipping becomes more resilient in the following months, allocation of shipping capacity may improve, and once the ordered ships are delivered, carriers may end up with capacity exceeding the demand.


https://www.statista.com/statistics/1250636/global-container-freight-index/

Captain wrote:Expo.n 12 Bn profit, Qtr EPS 6.17, 6 month EPS 9.38, 300% TO Growth and  ROE 28%

Decide whether you sell of buy. Remeber capital trust has done good research and any body can not tell expo will not pass 15 PE

EXPO Q2 Financials are amazing.
https://cdn.cse.lk/cmt/upload_report_file/1066_1635479452072.pdf

151 Billion Quarterly Revenue is a Massive Number.

GP % for Q2 again reporting as 15% and it is equivalent to Q1.

PBT 14.4 Billion and PAT 12 Billion goes to equity holders of the company.

Further their Leisure sector is now improving and can expect more in coming quarters.

See the top 20 shareholders in the list. all are increasing their holdings. That's their faith of the company.
 

Q2 EPS hit 6.17, almost reporting double from the Q1 EPS of 3.22. This is massive growth of this company.

EXPO is now continuously growing. It is a Quarter on Quarter (QoQ) growing Company. This is Expecting by shareholders and its very important for them to Invest.

See How much improve their Cash Flows. 13 Billion in Hand Cash equivalents. Can Go for massive further acquisitions.
Very Interesting to read its ever massive largest massively improved Cash Flow Statement.  
 
Net Asset Value improved Nice and hit 22.15 (This is a light Asset module running company)
 
What else need to expect more from EXPO ?
I believe, this may be the ever largest operational Profits reporting with in single quarter by a listed company in Sri Lanka. So, trading price should definitely react.

06 months ending Profits reports as 9.38 and many expectation global shipping crisis further continuing and next 02 quarters looks larger. Based on that, Q3 and Q4 can be reports further improved result and annual EPS looks now 20 plus.
I prefer personnel Valuation as = 20 EPS x 15 PER minimum (current),
or either = 20 EPS x 18 or 19 PER (based on Global average)
To me EXPO should bypass the Capital Trust Target Price of Rs.307 during next Q3 (Nov-Dec21 period).

Further, EXPO's recent massive acquisitions (during recent months in Q2) - exact full quarter earnings will consolidating to its financial statement at the end of Q3. Specifically, USA's domestic trucking business will earn more and more during supply chain crisis period.

Expect another Interim Dividend mostly during November, same as last year.

My EPS Predictions for 2021/22,
Q1 EPS = 3.22
Q2 EPS = 6.17
Q3 EPS expectation = 7 between can be go for until 9/10
Q4 EPS expectation = will keep minimum 5
So, Annual Prediction EPS = 23 (mostly it can be 20 plus EPS for 2021/22 FY)

Have anyone read CEO's statement given with Q2 report. Given more Hopes for its future.

EXPO's more than 93% of Businesses are located with overseas (mainly 68% in North USA). Only less than 7% contributing from SL - so nothing any major domestic/internal issues will impacting to its future earnings even tax issues. This is a international company and now Sri Lankan investors having a chance to invest in global Jaint company.

EXPO is manage by Japan based SG Holdings which is having 75% larger stake. As per their plans, more possible for EXPO to become as further leading logistic company during next coming few years.
Read below:
https://www.sg-hldgs.co.jp/en/ir/management/plan/

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Today just while ago EXPO's parent company has released (https://www.sg-hldgs.co.jp/en/ir/news/) its group financials to Japan Tokyo Stock exchange and please carefully refer below links  - You can see their comments about EXPO and also they revised its future Forecast for 2021/22 full year. This is a good news for all of us. 

https://ssl4.eir-parts.net/doc/9143/ir_material_for_fiscal_ym2/107732/00.pdf
(Page 12/13)
"Overview of Expolanka • Established: 1978 • Head office: Sri Lanka • Acquisition of shares by SG Holdings: June 2014 • Percentage held by SG Holdings: 75.6% (consolidated subsidiary) Based in South Asia where globally operating apparel manufacturers have factories, Expolanka has been growing in freight business to Europe and America. Marine transportation is also a core business now.  Future business expansion • Steadily strengthen business foundation by gaining new customers, expanding business with existing customers and expanding business area • Aim for sustained growth by strengthening global lanes such as Europe, USA, South America and Africa"


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Further they increased its group Dividend payout :
https://www.sg-hldgs.co.jp/en/newsrelease/2021/1029_4846.html

https://ssl4.eir-parts.net/doc/9143/ir_material19/171172/00.pdf

https://ssl4.eir-parts.net/doc/9143/ir_material19/171173/00.pdf

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Group Results presentation :
https://ssl4.eir-parts.net/doc/9143/ir_material_for_fiscal_ym2/107733/00.pdf

https://ssl4.eir-parts.net/doc/9143/ir_material_for_fiscal_ym2/107732/00.pdf

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Forecast :
https://ssl4.eir-parts.net/doc/9143/ir_material_for_fiscal_ym3/107726/00.pdf
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EXPO is now golden gem. Future value will be higher and higher. It should 300-400 category stock now.
If you plan to invest with EXPO - Please carefully go thru with all of above SG holdings link and study more. 

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Note :
Above is not for B/S/H recommendation - This is only my view, based on the released Q2 financials.
Welcome your comments.
(Please Understand the global shipping industry trend/earnings/supply chain crisis and do more study)

https://theloadstar.com/shifting-economic-demand-could-be-positive-for-supply-chains-long-run/

This insight always required with expo.n

As per my analysis, with 13 Bn cash in hand even Rs.2 to 3 interim dividend not a surprise from expo this time and also with peak seasons at logistic sector could be expect 7 to 10 ranged EPS for this qtr. With that expectation 15 PE for current EPS is not too risk for a any investor

https://www.youtube.com/watch?v=T6w0hHlig7Q

RATES WERE STABLE AND NOW RISING:
https://fbx.freightos.com/ 

WE COULD SEE MORE PROFITS IN THE NEXT QTR

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSS8N2RE026

Sueze canal authorities aim to increase rate by 6 percent from 2022...

https://www.wsj.com/articles/when-will-the-supply-chain-strains-finally-ease-11636106400

EXPO Ceo Hannefs daughter passed away earlier today.. lets pay our respect and may she rest in peace!

https://finance.yahoo.com/news/mondelez-cfo-sees-global-supply-chain-woes-extending-into-2022-150552193.html

https://www.investing.com/equities/sg-holdings

SG holdings continuous dropping. any reason??

You have been continusly asking this question and i think SG Holding price continusly up in last 2 to 3 months and now trading at 22 PE and with market dominant some correction is progressing but buying signals are still on with freight market congentions

If you look expo still around 10 PE for this year estimated EARNINGS.......

Dont worry EXPO day not much far.... lot of peoples are chase last few days behind clc and lofc and therefore allowed public to join with those rallies buy taking panic selling of Expo, RCL and other good profit counters...

Container spot rates in free-fall. The peak season has passed and carriers focus on getting more clients fixed to long term contracts, the spot market has entered free-fall. 
For your reference;

https://splash247.com/container-spot-rates-in-free-fall/

Captain wrote:You have been continusly asking this question and i think SG Holding price continusly up in last 2 to 3 months and now trading at 22 PE and with market dominant some correction is progressing but buying signals are still on with freight market congentions

If you look expo still around 10 PE for this year estimated EARNINGS.......

Dont worry EXPO day not much far.... lot of peoples are chase last few days behind clc and lofc and therefore allowed public to join with those rallies buy taking panic selling of Expo, RCL and other good profit counters.

The graph below shows SG down sharply since mid October, probably due to falling freight rates.