Ocean Wilsons Holdings Ltd. (OCN)

Sector:

Commercial Transport

Index:

FTSE Small Cap

950.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 1,135.00
  • 52 Week Low: 875.00
  • Currency: UK Pounds
  • Shares Issued: 35.36m
  • Volume: 22,753
  • Market Cap: £335.95m
  • RiskGrade: 83

Ocean Wilsons set for solid year

Date: Wednesday 24 Mar 2010

LONDON (ShareCast) - Bermuda based investment company Ocean Wilsons saw pre-tax profits float higher in 2009, though the company acknowledged that ‘policy settings could not have been more supportive’ for investors in 2009.

While revenue in 2009 dipped to $477.9m from $498.3m the year before, profit before tax surged to $139.8m from $31.6m in 2008.

The company, which has a 58.3% stake in Wilson Sons, a provider of maritime services in Brazil, attributed the decline in revenue mainly to a fall in shipyard and logistics revenue. Volumes at the Brazilian bonus picked up in the second half of the year, the company said.

The group’s investment portfolio saw a $34.3m uplift in 2009, in sharp contrast to the loss of $59.5m suffered in 2008. Exchange gains of $23.7m also contrasted with foreign currency losses of $23.6m the year before.

‘The group delivered another excellent result in 2009 and we fully expect 2010 to be another solid year,’ said Dr. Jose Francisco Gouvea Vieira, chairman of the group.

‘The Brazilian economy remains relatively strong with forecasts predicting over 5% growth in 2010 and the fast expanding Brazilian offshore oil industry continues to offer opportunities for the Group through our offshore vessel business and Brasco which provides support services to the oil and gas industry,’ Dr. Gouvea Vieira added.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

OCN Market Data

Currency UK Pounds
Share Price 950.00p
Change Today -10.00p
% Change -1.04 %
52 Week High 1,135.00
52 Week Low 875.00
Volume 22,753
Shares Issued 35.36m
Market Cap £335.95m
RiskGrade 83

OCN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.45% above the market average17.45% above the market average17.45% above the market average17.45% above the market average17.45% above the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average
Price Trend
70.61% above the market average70.61% above the market average70.61% above the market average70.61% above the market average70.61% above the market average
30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average
Income
44.90% above the market average44.90% above the market average44.90% above the market average44.90% above the market average44.90% above the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Growth
45.84% above the market average45.84% above the market average45.84% above the market average45.84% above the market average45.84% above the market average
89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OCN Dividends

  Latest Previous
  Final Final
Ex-Div 19-May-22 13-May-21
Paid 15-Jun-22 04-Jun-21
Amount 70.00¢ 70.00¢

Trades for 20-May-2022

Time Volume / Share Price
16:35 376 @ 950.00p
16:29 21 @ 960.00p
16:29 200 @ 970.00p
14:30 2,500 @ 956.50p
14:30 2,500 @ 955.00p

OCN Key Personnel

Chair Jose F G Vieira

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