Member Info for Bigears1170

Who mentioned ports ?

I normally don’t reply to posters with less than 4 posts , however since I’m bored I’ll oblige ........... Whoopee ....RNS unworthy = not material = who gives a hoot ......|o:

Out of interest what was your moniker prior to being deemed unsuitable of an LSE membership ?

FEEKS
Re your Saturday 12.41.
As previously noted, China who account for 23% of Ghanaian imports were closed for 6-8 weeks of Q1 .
India ,USA, Italy, Spain , France , Germany Denmark,
Ireland,Netherlands,UK ,Belgium ,Canada , Malaysia , Nigeria & Congo collectively make up the next 45% of largest Importers - all of whom are in various stages of lockdown for month one Q2 moving in to month two.

Will these shutdowns have any affect on your predictions for an increase in Tema volumes for 2020 ?

Of course ....how ignorant of me .....Apologies to those offended ......

How exciting ..... does anyone know how much we charge for a man in a van + dog ?

Had it been suggested the port might be closing ?

Morning all

Do any of your guys have a steer on how the challenge study would be monetised and what revenues it might generate ?

I merely posted that a “small” drop in cargo would be likely come Q2 due to our largest importer shutting up shop for six weeks , the effects of which won’t be known in full until July ..... the reaction to which is to post sea traffic numbers for Q1..... (o: ......... even if the sea traffic remains the same for Q2 ( which I very much doubt ) it won’t tell you what volumes of crates those ships are carrying ........|o:

Because like much of Fowlers output it’s open to more than one interpretation... is it 59% of WSG daily average or 59% of the total throughput for the year ? If it’s the former how many TEUs did they scan ? If it’s the latter he chose for some reason to omit reference to it.

You don’t know the answer so you’ve drawn your own conclusion which you now have down as matter of fact . I on the other hand have drawn on unambiguous numbers as recorded in a medium with no agenda ........|o:

https://www.theafricareport.com/11234/ghanas-tema-port-flaunts-ambition/

https://www.ghanabusinessnews.com/2020/01/12/ghana-ports-expected-to-see-more-cargo-volumes-in-2020/

836k TEU ( 2018 ) x 5% increase up to Nov 2019 = 877K x 23% China Imports = 201K TEU /12 = 16K per month less 50% ( conjecture) 8k per month = not very much money

You’ll have to forgive my ignorance as “freightwaves.com“ isn’t on my must do reading list ...........thing is the bulls here will accept zero negativity however valid .............everything always rosy in the garden at Bumbly - I on the other hand ,like a few others call a spade a spade.

The birds in the trees know China closed down for six weeks in Q1 , (Ghana’s largest importer ) - followed by the rest of the planet late Q1 early Q2 - how could any sane individual postulate an argument that cargo volumes could be up in Q2 ?

Its a ridiculous argument... however I accept the correct argument which was never proffered , that it won’t make much of a difference to WSG financially, as even if the entire Chinese import contribution of 23% was 50% down it would equate to circa 8k crates per month for Jan & Feb ( based on last years numbers ) so it will hardly dent the Tema numbers .......that’s based on my own assumed £ per crate ......|o:

New posters are unable to post links on LSE. This has been within the terms of membership for a long time.

This is so posters can be seen to be trustworthy...!

Mike - These products will undoubtedly be rolled out to weed out those with a high fever ..... who will be immediately tested with Covid 19 saliva test kits ( reputedly in the form of a pregnancy test available by the end of summer ) , if you bleep the scanner and you get saliva tested and positive you won’t pass go......simples ...

This or a similar approach will be the new normal for the foreseeable future in the densely populated workplace / airport / Train travel etc etc - issue as I see it will be supply and demand of the equipment ...not to mention our questionable ability to take advantage of a clear head start we have within the fever detection sector .........|o:

It’s got nothing to do with port capacity..... China is Ghana’s largest importer ( 23%) and they were effectively closed for Q1 .... the effect won’t be seen on Tema numbers till Q2 .

https://aimchaos.files.wordpress.com/2020/03/avacta-group-investment-thesis-3.pdf

I wonder what the local hoteliers thought when they heard the Sovereign Ferry boys were thinking of opening a hotel ..........(o:

Slipperz - What’s your interpretation of the lions share ?

$150 over the 8 years .......(o:

“When we initially announced this contract in February we announced a potential revenue value in excess of $150 million USD over the term of the contract, however following a review of operations and potential growth in passenger numbers we revised our estimates and updated the market in April suggesting that we may achieve the forecast figure of $150m by the year 8 break point rather than the full contract term of 15 years.”

Your business must:

‘’Have a borrowing proposal which the lender would consider viable, were it not for the current pandemic”

(o: