Global Ports Share Price (GPH)

Agreed. Not sure I'd go as far as £5.50, but my target price is currently £3+ per share. After the strong performance up above £2 I expected it to be range bound for some time, but the quarter on quarter delivery continues to be on track / impressive, so I am hoping that the market starts to see more here and pushes the share price up again. The debt is still high, but ratio to EBITDA in better shape. I do wish they'd include a cashflow statement in the quarterly results, but will have to wait for YE for that. Happy to keep holding here.

Sp, projection from RSI(relative strength index), positive divergence, is 216.5-222, for 21/5/24, which includes the average true range to arrive at the upper figure of 222, for potential volatility skew. The 29/1/24, divergence pivot date was used to arrive at the forecast of 21/5/24, for the unwinding of the positive divergence. Technically, the sp, requires to break above the mid high of the bearish pivot price of 212, to signify a bullish breakout of the current downtrend. DYOR.

GPH shd be trading at £3 on current performance, Shore have a conservative price target of £5.50 by 2026 as the recent new port investments ramp up and hit the bottom line. Very undervalued..

A couple of new agreements announced this month; 15 years and 50 years respectively. Long term future looking good

Out today - usual combination of bullish commentary together with numbers that communicate a more 'steady as she goes' picture. Still seems that everything is moving in the right direction.