ocean wilsons holdings ltd (OCN:London)
ocean wilsons holdings ltd (OCN) Snapshot
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Open
1,015 GBp
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Previous Close
1,030 GBp
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Day High
1,018 GBp
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Day Low
1,013 GBp
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52 Week High
01/14/13 - 1,160 GBp
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52 Week Low
08/15/12 - 880.00 GBp
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Market Cap
358.9M
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Average Volume 10 Days
8.7K
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EPS TTM
1.17 GBp
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Shares Outstanding
35.4M
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EX-Date
05/1/13
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P/E TM
13.1x
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Dividend
0.41 GBp
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Dividend Yield
2.65%
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Related News
ocean wilsons holdings ltd (OCN) Related Businessweek News
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Ocean Wilsons Holdings Limited, an investment holding company, provides maritime and logistics services. It offers harbor and ocean towage, container terminal operation, offshore support, and ship agency services. The company’s services include loading and unloading cargo from seagoing and cabotage ships, as well as the storage of import and export cargo; support services to manoeuvres, such as berthing and towing of ships into ports; ocean towage, assistance and salvage, and other ancillary services; and maritime support services offered to oil and gas exploration and production platforms, including transporting equipment, drilling mud, cement and food, and other materials necessary to oil businesses and to platforms located on the Brazilian coast. Its services also comprise logistics control and shipping documentation to liner and tramp shipping; and helipad-approval, inspections and dock authority certificates, visa issuance, crew-change management, spare parts and supplies delivery, and pre-inspection and general management services. The company also operates a shipyard for the building and maintenance of small and medium vessels. It serves agro-industry and foodstuffs, pharmaceutical and cosmetics, oil and gas, paper and cellulose, chemical and petrochemical, and steel and mining segments. The company has operations in Bermuda, Brazil, the United Kingdom, and Guernsey. Ocean Wilsons Holdings Limited is based in Hamilton, Bermuda.
Last Reported Date: 04/19/13
ocean wilsons holdings ltd (OCN) Key Developments
Ocean Wilsons Holdings Ltd. announced consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of $645,327,000 against $698,044,000 a year ago. Operating profit was $79,425,000 against $96,933,000 a year ago. Profit before tax was $87,225,000 against $58,577,000 a year ago. Profit for the period attributable to equity holders of parent was $41,263,000 against loss for the period attributable to equity holders of parent of $8,639,000 a year ago. Basic and diluted earnings per share was 116.7 cents against basic and diluted loss per share of 24.4 cents a year ago. Net cash inflow from operating activities was $115,597,000 against $70,533,000 a year ago. Purchases of property, plant, and equipment was $162,481,000 against $234,009,000 a year ago. Purchase of intangible asset was $7,761,000 against $6,807,000 a year ago. The Board is declaring a final dividend of 38 cents per share compared to 29 cents per share in 2011 to be paid on the 31 May 2013, to shareholders of the company as of the close of business on 3 May 2013. The total dividend for the year of 42 cents per share compared to 33 cents per share in 2011 represents a 27% increase over 2011.
Ocean Wilsons Holdings Ltd. announced the appointment of Colin Maltby as a non-executive director of company with effect from January 1, 2013. He is chairman of BlackRock Absolute Return Strategies Limited and of HarbourVest Senior Loans Europe Limited, a director of BACIT Limited and Abingworth BioEquities Fund Limited, and a member of the supervisory board of Bilfinger Berger Global Infrastructure SICAV SA.
Ocean Wilsons Holdings Ltd. announced interim management statement for the nine months ended 30 September 2012 in accordance with the UK Listing Authority's Disclosure and Transparency rules. The company’s revenue for the nine months ended 30 September 2012 was USD 468.6 million was 10% lower than compared to USD 521.2 million in 2011, principally due to the devaluation of the Brazilian Real against the U.S. Dollar. The average exchange rate for the nine months ended 30 September 2012 was 1.92 compared with 1.63 for the comparative period in 2011. Approximately 65% of the Groups’ revenue is denominated in Brazilian Real. Operating profit was 29% lower at USD 55.8 million compared to USD 78.5 million. Operating profit was adversely impacted by lower revenue, higher employee and depreciation expenses. EBITDA was USD 105.6 million compared to USD 120.9 million in 2011. Adjusted EBITDA (excluding the share based payment expense) for the period was USD 107.9 million compared to USD 113.2 million in 2011. Capital expenditure was USD 135.6 million compared to USD 191.9 million was spent principally on the expansion of Tecon Salvador, the new Guarujá shipyard and vessel construction.
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| OCN:LN | 1,015.00 GBp | -15.00 | |
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Industry Analysis
OCN
Industry Average
| Valuation | OCN | Industry Range |
| Price/Earnings | 13.4x |
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| Price/Sales | 0.9x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 5.1x |
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| TEV/Sales | 0.8x |
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To contact OCEAN WILSONS HOLDINGS LTD, please visit www.oceanwilsons.bm. Company data is provided by Capital IQ. Please use this form to report any data issues.
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