Analyst Research Report Snapshot

Title:

ACM SHIPPING GROUP - UNDERLYING GROWTH

Price:

$10.00

Provider:

Edison Investment Research

Date:

10 Dec 2007

Pages:

4

Type:

AcrobatPDF

Companies referenced:

ACMG.L

Available for Immediate Download
Summary:

Fears about the impact of a weak US$ on earnings has naturally led to a gentle drift in the share price in recent months. However, the acquisition of the 70% of ACM Shipping Services (ACMSS) not already owned represents a natural and earnings enhancing move for the group. With tanker spot rates recovering sharply in recent weeks, the underlying trading climate also looks to be much improved, suggesting that the shares may start to recover steadily in the coming months. FOR MORE INFORMATION ON ATTACHED RESEARCH PLEASE CALL 020 7190 1755 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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