6H·

Long-term prospects at HAUTO are green!

Hoegh Autoliners $HAUTO (+1,44%) is stepping up the pace: the car transport specialist is massively expanding its fleet and relying on the largest and greenest ships in its class. What does the company expect from this multi-million euro investment in the future?

The Norwegian company is getting down to brass tacks and has currently drawn up options for the construction of four additional special ships for vehicle transport (PCTC - Pure Car and Truck Carriers). This brings the total number of newbuildings of the modern Aurora class on order to twelve ships.

The new freighters will be built at the Chinese shipyard China Merchants Heavy Industry in Jiangsu. Hoegh Autoliners is also securing flexibility: further options for up to eight additional ships, divided into two packages of four, remain available. These steps underline the company's clear commitment to modernizing and expanding its own capacities.

9 Commenti

D.S.@Cato_Bamboo

Good luck! 👍

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Melchior@ColdzeroNL

Since last year my position is in total 15K for the long term. They have a good strategy for a long period so I just rake in the dividends and reinvest them in less cyclical company's and so become more able to pay all my bills in a few years.

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Divi_Jaeger@asset_engineer_1744

I don't know how a company can be profitable with a dividend of 40% in the long term 😳

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Arthur S.@trade_commander_77

@asset_engineer_1744 Höegh's dividend policy is that they want to distribute almost 100% of the profit to their shareholders (mostly Höegh family and friends/MA), if the company is still very profitable, I am also worried, but not so much... Let's see what happens in a year's time

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bull_investor_vkmhk@bull_investor_vkmhk

@asset_engineer_1744 Not bad that you don't know that 😉

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Gomerdoc@Gomerdoc

With a base of 13.45 billion, including EBIDTA of 6.7 billion and a free cash flow of 2.3 billion, that's fine.
The question is, is the company making a profit, what is the order volume and the outlook: and from this point of view, it works.
They haven't just been doing this job since yesterday. I think the management already knows what they are doing: high dividends can also be a warning sign. In this particular case, however, I don't think so.
The risk is more that morons like Donald will bring the global transportation of cars and large machines to a standstill: but even then it will have to continue at some point, and $HAUTO is one of the best positioned companies in the world.

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ETF-DIY@ETF-DIY

Well, I'm curious about that :D

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Novius@Novius

I've been invested with around 4.5k for a few months now and I'm curious to see how it pays off. I think there are some people here on GQ who have been invested for a "long time".

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Arthur S.@trade_commander_77

@Novius Yes, I have been invested for about 1 year and bought in before the all-time high, and after the correction I already have a positive balance sheet. I think and hope that the share price will not slide any further, so we should be in the black.

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