Belships – HOLD NOK 22 (prev. BUY 19) – It is not the 4Q results we are worried about
Belships reported its 4Q21 results last week. While we were expecting the main Shipping segment to show record-high figures, as they eventually did, the Lighthouse Navigation segment was guided by the company to be lower QoQ, yet, the segment’s results were surprisingly higher. With dividends of NOK 0.9/sh proposed, extraordinary dividends for 1Q22 planned and ...
Source: hellenicshippingnews.com