Triton Intl

https://www.godmode-trader.de/artikel/hoffnungsschimmer-fuer-die-inflation-jetzt-brechen-die-charterraten-massiv-ein,11343632

2Yr·

"Charter rates for container ships are plummeting, reaching the level of two years ago at record speed"

Source guidants

Position halved

23.09

Sold at €58.12

5

8 Comments

Tabularasa@Tabularasa

2Yr

Wow thanks for this article... I'm really in the red so I don't even dare to halve etc.. I think I'll have to sit it out and hope that the freight rates will explode again at some point while I'm still alive. 😢

I wonder why there was talk in various articles that things wouldn't return to normal until mid-2024 and now, a month later, everything is heading back towards normal.

Alternatively, would it be a good idea to churn in the next few years to push down the entry price? Or rather with a big minus (get out/halve)? Or hold?

Edit:
Position is actually full. Will there be any changes to the dividends that have already been predicted? MPC should actually be paying out in week 39 now.

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https://www.defenseworld.net/2022/07/19/strs-ohio-boosts-stake-in-triton-international-limited-nysetrtn.html

2Yr·

The freight business will soon be running smoothly again. So in a few years when all this crap is over

Triton International's payout ratio is 32.14 %.

Quarterly dividend in June of 0.65 $. This corresponds to an annualized dividend of $2.60 and a dividend yield of 4.70%.

Next ex-date according to DivTimer 07.12.22 Paydate 22.12.22 expected $0.74

Hedge funds and other institutional investors own 66.27% of the company's shares.

The company's revenue increased by 20.3% year over year. As a group, equities analysts forecast that Triton International Limited will post 10.76 earnings per share for the current year.

Data from DivTimer

Text passages from

@Divmann
@Simpson
@MScottInvesting

also something for you?

19.07

Bought at €54.59

4

3 Comments

Divmann@Divmann

2Yr

It's just a very cyclical business. I somehow don't feel in a position to give an assessment, I don't know anything about the industry so far. At first glance, they have a lot of debt and in the last 19 years they have only had positive repayment power (FCF minus dividends) three times. To put it bluntly, that sounds so bad that I don't seem to understand something about the business. Perhaps the debt is so huge because there are some containers with leasing contracts on the balance sheet? I would have to delve deeper into the balance sheet, but I don't have much time for that at the moment. My exams are over next week, then I'll have a look at them and FM ;) Definitely a sector that I don't have in my portfolio yet

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2Yr·

Another 5 containers reloaded😂 or container shares

17.06

View all 3 further answers

Bought at €49.31

3

5 Comments

Homer@Simpson

2Yr

Stable business 💪😁 How high is the dividend?

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2Yr·

7c sells a part in here, finally 😀

07.06