Yang Ming Marine - Macro Tailwinds Lift Operating Fortunes

Yang Ming Marine(2609 TT): Already Reeling Financials to Suffer Significant Cost Burden

Yang Ming Marine (2609 TT) – Is the Run-Up in Stock Price Justified?

DFRS Trading Idea 2017 #2 - Yang Ming Marine - High Leverage Is a Big Red Flag (Update 1)

Yang Ming Marine (2609 TT, Unattractive) – Shares Suspended Until May 4th Amid Capital Reduction

Equity analyst - Containers, Drewry Maritime Financial Research

Nilesh Tiwary

Equity analyst - Containers

Maritime Sector, Equity & Credit Research

Drewry Maritime Financial Research

With no ties to other players in the shipping, finance or banking world, we provide a uniquely impartial view of the markets and companies we cover. Our parent organization, Drewry is a leading independent provider of research services to the maritime and shipping industry, employing over 100 professionals across an international network of offices in London, Delhi, Singapore and Shanghai. Combining our market-leading resources with seasoned sector expertise DFRS offers a highly differentiated and comprehensive range of investment and financial research services to lenders and prospective investors in publicly listed maritime and shipping companies. The full service of reports, supporting resources and sector orientated webinars provides our clients with the most complete picture of the organisations under coverage as is possible. We have been charting and analysing the world’s maritime markets for more than 40 years. This unrivalled intelligence and understanding provides the foundation of our research service. Our analysts have access to one of the most up-to-date, comprehensive and reliable sources of market insight and research data available today. We look at globally listed companies within the following sectors: Port Operators, Container Shipping, Container Manufacturing & Leasing, LNG Shipping, Dry Bulk Shipping and Tanker Shipping. Combine in-depth sector expertise with financial analysis focusing on over 50 stocks globally.

Equity Bottom-Up

Yang Ming Marine Transport / Equity Bottom-Up

Government raises stake further, but is it enough? Yang Ming (YMM) completed its second round of capital raising amounting to NTD 6bn (USD 200m). The deal completion announced on 27 November comprised the issuance of 500m new shares priced at NTD 12 per share – the proceeds of which are to be used to repay the company’s outstanding debt. This is the second rights issue that YMM conducted this year, following the issue of 161.3m shares in February at NTD 10.48 per share to raise NTD 1.69bn (USD…

Government raises stake further, but is it enough? Yang Ming (YMM) completed its second round of capital raising amounting to NTD 6bn (USD 200m). The deal completion announced on 27 November comprised the issuance of 500m new shares priced at NTD 12 per share – the proceeds of which are to be used to repay the company’s outstanding debt. This is the second rights issue that YMM conducted this year, following the issue of 161.3m shares in February at NTD 10.48 per share to raise NTD 1.69bn (USD…

Is Yang Ming Out of the Woods After a Series of New Share Offerings?