poor&unemployed

SEA: Stable Returns in a Choppy Market?

Investing in shipping sector is not as simple as it sounds. Most of the time people are swept with the tide and confuse it to understanding the business.

Shipping is similar to real estate - floating real estate.

Sectors include - raw materials, construction, residential, commercial, leisure, homes, apartments, rental buildings, malls, office buildings, warehouses, land, management, brokers, insurance, .... virtually every sector in real estate has a peer in the shipping.

CNBC labeled SSW’s stock movement the “Christmas indicator” due to the high percentage of consumer items that are transported by the company. _ THEY HAVE NO IDEA WHAT SO EVER ABOUT WHAT THEY ARE TALKING! MAY BE THEY HAVE NOT HEARD OF COSCO, AP MOLLER (MAERSK), HAPPAG, HAMBURG SUD, CMA-CGM, HANJIN. THESE COMPANIES CARRY/CONTROL MOST OF THE CONTAINERS IN THE WORLD.

Seaspan vessels are leased to above players on contracts like many other. Many of Seaspan vessels are on lease back deals. They purchased the old vessels from likes of Maersk and leased them back for a few years. (it is opposit of lease to purchase)

COSCO, MAERSK, HAPPAG, EVERGREEN reflect on actual container cargoes.

IMHO - SEA is a vehicle to unload shipping shares to unsuspecting investors.

Look at the bath this sector has taken in past 6 months.