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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Global Ports

October 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GPH
  • Price:
  • 200p
The shares at one point soared over £1 since I wrote on them in March ‘23 and an update for the three months ended 30 June backed that by saying trading is running ahead of previous expectations. Cruise passenger volumes rose 76% year-on-year to 3.1m, while revenue and EBITDA increased 60% and 86%, respectively, to £43.3m and £28.6m. The outlook remains positive with a long-established appetite for cruising returning post Pandemic and by the end of 2027 the company expects passenger volumes will be 45% higher than pre-Covid levels. With the wind its sails, I am inclined to hold on for more gains. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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