Orient Overseas Intl (316 HK): Spotting Initial Signs of Recovery

333 Views15 Apr 2024 07:30
​OOIL shows a QoQ freight rate uptick at 27.2% in 1Q24, with the load factor improving 0.9pp YoY. Given that 62.4% of the stock price is net cash, its 0.7x P/B ratio with 7.5% ROE is not expensive.
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  • Financial Performance Overview
  • Freight Rate Momentum
  • Load Performance
  • Geopolitical Risks and Industry Challenges
  • Valuation Insights
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