Il futuro dei traporti sono ancora loro.. i treni!

nemo17

Enjoy the Silence
Registrato
20/2/00
Messaggi
7.223
Punti reazioni
336
Il futuro dei trasporti sono ancora loro.. i treni!

Che titolo ragazzi... son 2 anni che lo seguo ma non sono mai entrato.



October 25, 2006

Norfolk Southern Net Income Increases 38 Percent

For third-quarter 2006:

* Net income climbed 38 percent to $416 million, $1.02 per diluted
share.

* Railway operating revenues increased 11 percent to a record $2.4
billion.

* Income from railway operations improved 35 percent to a record
$715 million.

* The railway operating ratio improved 5.4 percentage points to
70.1 percent.

NORFOLK, VA. – Norfolk Southern Corporation (NYSE: NSC) reported record
third-quarter net income of $416 million, or $1.02 per diluted share, a
38 percent increase compared with $301 million, or $0.73 per diluted
share, for the same period of 2005. Third-quarter income from railway
operations increased 35 percent to a record $715 million.

”We have consistently driven financial and operational performance to
higher levels throughout each quarter this year,” said Wick Moorman,
Norfolk Southern’s CEO. “In the third quarter our performance enabled
us to produce excellent results and set records for railway operating
revenues, income from railway operations and net income, while also
significantly improving our operating ratio.”

For the first nine months, net income set a record at $1.1 billion, or
$2.62 per diluted share, an increase of 19 percent compared with $919
million, or $2.24 per diluted share, for the same period of 2005. Nine-
month results for 2005 included a benefit of $96 million from the
effects of Ohio tax legislation, which increased diluted earnings per
share by $0.23. Excluding this item, net income for the first nine
months of 2006 would have been 33 percent higher than the $823 million,
or $2.01 per diluted share, earned in the same period of 2005.

Record third-quarter railway operating revenues of $2.4 billion
improved 11 percent compared with the same quarter a year earlier. For
the first nine months, railway operating revenues increased 13 percent
to a record $7.1 billion compared with the same period of 2005. Both
improvements were largely the result of higher average revenues,
including fuel surcharges. All markets, with the exception of
automotive, posted significant revenue gains, and several set new
revenue highs.

General merchandise revenues were $1.28 billion, an increase of 13
percent compared with the same period last year and a third-quarter
record. For the first nine months, general merchandise revenues rose 15
percent to a record $3.87 billion compared with the year-earlier
period.

For the quarter, coal revenues increased 9 percent to a record $595
million and improved 9 percent to a record $1.74 billion during the
first nine months compared with the same periods of the prior year.
Intermodal revenues continued growth in both the quarter and for the
first nine months, rising 9 percent to a third-quarter record of $515
million, and climbing 13 percent to a record $1.48 billion for the
year-to-date compared with the same periods of 2005.

Railway operating expenses were $1.68 billion for the quarter, an
increase of 3 percent compared with third-quarter 2005, and $5.15
billion for the first nine months, up 8 percent compared with the same
period a year earlier. Higher diesel fuel prices contributed to the
increases during both periods.

For the quarter, the railway operating ratio improved 5.4 percentage
points to 70.1 percent. For the first nine months, the railway
operating ratio improved 3.1 percentage points to 72.6 percent.

Norfolk Southern Corporation is one of the nation’s premier
transportation companies. Its Norfolk Southern Railway subsidiary
operates 21,200 route miles in 22 states, the District of Columbia and
Ontario, Canada, serving every major container port in the eastern
United States and providing superior connections to western rail
carriers. NS operates the most extensive intermodal network in the East
and is North America's largest rail carrier of metals and automotive
products.


# # #
 
Ultima modifica:
Bello sapere che Warren Buffett ha avuto la mia stessa idea..ma dopo di me !

Warren Buffett hops aboard railroad stocks

10:00 PM PDT on Monday, April 9, 2007

By JOSH FUNK
The Associated Press

OMAHA, NEB. - Warren Buffett's company recently invested in three railroads, and in the process, Berkshire Hathaway Inc. became the largest shareholder in the BNSF Railway, according to a company filing and a media report that the company confirmed.

The disclosure sent shares of all the major freight railroads up in trading Monday, with BNSF leading the pack with a nearly 7 percent gain.

Omaha, Neb.-based Berkshire Hathaway revealed in a filing with the Securities and Exchange Commission that it owned 39 million shares of BNSF as of Thursday. The cable network CNBC reported Buffett said Berkshire had also invested in two other railroads that he declined to name.
 
E' davvero un settore interessante, che molti hanno trascurato ritenendolo
"vecchio". Invece i trasporti ferroviari si sono rinnovati al passo con i tempi.
Seguo e sono investita nel settore da molto tempo. Ho persino un mio indice
sulle ferrovie USA che, credo, sia uno dei pochi al mondo. Anche io ho accolto
con piacere la notizia che Buffett ha deciso di puntare sul settore, tuttavia
devo ammettere che ne ho approfittato per scaricargli un po' di Burlington.
Le ho tutte le principali (compreso le canadesi e la Kansas City Southern).
Prediligo la Union Pacific. Ho un po' alleggerito sulle buone notizie.
N.
 
blackpool ha scritto:
E' davvero un settore interessante, che molti hanno trascurato ritenendolo
"vecchio". Invece i trasporti ferroviari si sono rinnovati al passo con i tempi.
Seguo e sono investita nel settore da molto tempo. Ho persino un mio indice
sulle ferrovie USA che, credo, sia uno dei pochi al mondo. Anche io ho accolto
con piacere la notizia che Buffett ha deciso di puntare sul settore, tuttavia
devo ammettere che ne ho approfittato per scaricargli un po' di Burlington.
Le ho tutte le principali (compreso le canadesi e la Kansas City Southern).
Prediligo la Union Pacific. Ho un po' alleggerito sulle buone notizie.
N.

Io invece ho seguito per un po' solo Norfolk Southern e mi è sempre sembrato un buon titolo.
Il 2007 è partito un po' in sordina ma rimane il mio interesse.
Se ti va mi piacerebbe sapere quale e perchè è il mioglior titolo del settore secondo te...
Interessante il discorso dell'indice..
Comunque gran bel settore... noi siamo abituati ad abbinare i treni alle nostre FS... invece queste aziende sono delle vere e proprie cash cow spostando tonnellate di merci da una costa all'altra degli Stati Uniti.
 
complimenti....:D
seguo da tempo il settore non tanto dei treni ma della logistica e del trasporto in generale, anche dell'energia, penso che noi in Italia siamo un po fuorviati dalla situazione nostrana disastrata e spesso non riusciamo a percepire il "valore" intrinseco che sta proprio nel trasportare merci...
Buffett ha iniziato anni fà con gli investimenti in infrastrutture per il trasporto energetico, gas, elettricità etc. adesso è passato a quello più "tradizionale", perchè lui sostiene che le merci provenienti da oriente hanno bisogno di essere distribuite sull territorio USA... continuando questo ragionamento...
si potrebbe cercare di capire chi e quali sono le aziende che allora beneficiano del trasporto via mare dall'Asia all'USA...
e soprattutto quale aziende provvedano al trasporto p.es. sul territorio cinese verso i porti, perchè la rete ferroviaria è pubblica ma ci sono anche aziende private che ci operano e sono previsti fortissimi investimenti nel settore...e proprio ieri leggevo che il pil cinese avrebbe potuto crescere più del 11% in questo trimestre se ci fossero state le capacità di trasporto adeguate, la rete ferroviaria non è purtroppo in grado di sostenere il traffico richiesto, soprattutto mancano vagoni per il trasporto....
interessante analisi...
e quali sono le aziende che producono da una parte materiale ferroviario....e dall'altra conosco per ora solo un'azienda ferroviaria cinese quotata anche in USA che ha l'esclusiva del trasporto tra shenzhen e Hongkong che è la GSH, basta vedersi il grafico degli ultimi anni per capire...
buona giornata
gioia23

p.s. le aziende usa le ho seguite, ahimè di meno, finora...:D
 
Union Pacific Posts Record First Quarter Earnings

Earning Per Share Up 23 Percent

Omaha, Neb., April 19, 2007 – Union Pacific Corporation (NYSE: UNP) today reported 2007 first quarter net income of $386 million or $1.41 per diluted share, compared to $311 million, or $1.15 per diluted share in the same quarter last year.

First Quarter 2007 Highlights

First quarter operating revenue grew 4 percent to a record $3.8 billion.
Operating income increased 19 percent to a first quarter record of $719 million.
First quarter best operating ratio of 81.3 percent, year-over-year improvement of 2.4 points.


"Our operating ratio improved 2.4 points to 81.3 percent – a first quarter record," said Jim Young, Chairman and Chief Executive Officer. "We’re making good progress on improving profitability and increasing operating efficiency. I’m particularly pleased that our customers are also showing their confidence in Union Pacific with satisfaction survey results reaching a four-year high."

2007 First Quarter Summary

Quarterly operating revenue increased 4 percent in the first quarter of 2007 to a record $3.8 billion. Four of the six business groups posted revenue increases in the quarter as total average revenue per car (ARC) grew 6 percent. Yield improvements increased ARC, offset somewhat by lower year-over-year fuel surcharge revenue.
First quarter 2007 carloads declined 2 percent versus the first quarter of 2006 to 2.3 million. Winter storms, a softer housing market and decreased domestic intermodal volume all contributed to the decline.
First quarter 2007 operating income grew 19 percent versus 2006 to $719 million, setting a first quarter record.
The Railroad’s average quarterly fuel price, including transportation and taxes, was $1.90 per gallon in 2007 versus $1.87 per gallon in the first quarter of 2006.
Quarterly average train speed, as reported to the Association of American Railroads, was 21.7 mph, up 0.4 mph versus the first quarter of 2006. Quarterly terminal dwell time improved 13 percent to 25.3 hours versus 29 hours reported in the first quarter of 2006.
The Company repurchased more than 2 million common shares at an average share price of $98.68 in the first quarter of 2007.
First Quarter Railroad Commodity Revenue Summary versus 2006

Chemicals up 9 percent
Agricultural up 8 percent
Energy and Intermodal each up 4 percent
Automotive down 2 percent
Industrial Products down 3 percent
Looking Forward

"Despite economic uncertainty, we will continue to enhance shareholder value through our productivity initiatives over the balance of the year," Young said. "Our first quarter results were a good start, giving us momentum for the rest of 2007."

Union Pacific Corporation owns one of America's leading transportation companies. Its principal operating company, Union Pacific Railroad, links 23 states in the western two-thirds of the country and serves the fastest-growing U.S. population centers. Union Pacific’s diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad offers competitive long-haul routes from all major West Coast and Gulf Coast ports to eastern gateways. Union Pacific connects with Canada’s rail systems and is the only railroad serving all six major gateways to Mexico, making it North America’s premier rail franchise.




Ecco il Q1 della Union...
 
Oggi ho girovagato un po' per i siti delle società..e mi sembra di aver individuato come principali target queste 3 :

Norfolk Southern (NSC)
Burlington Northern Santa Fe (BNI)
Union Pacific (UNP)

Dando un'occhiata ai multipli la mia preferita rimane sempre Norfolk Southern che è più piccolina e sembra presentare margini leggermente migliori.
Anche in borsa il titolo si è mosso meno delle altre e potrebbe recuperare il terreno perduto.
D'altra parte mi sembra ci sia un rallentamento nel business che non ho visto nel Q1 di Union Pacific.
Burlington ha dalla sua l'ingresso di Buffett (che potrebbe essere entrato anche nelle altre) ed è quella che capitalizza di più.
Tutto sommato sono aziende molto simili... mi piacerebbe capire però quali differenze ci sono nelle rispettive "route miles" ed eventualmente capire quale sia posizionata meglio.
Altra questione è il prezzo del gasolio che è una variabile molto importante per questo settore...
Certo che l'interesse del volpone Buffett potrebbe essere il preludio ad una serie di fusioni/acquisizioni e di consolidamento di tutto il comparto.
La notevole sensibilizzazione sui problemi ecologi dovrebbe mantenere alta l'attenzione e la spinta sul massimo utilizzo della rete ferroviaria ed ho letto da qualche parte che potrebbe essere emessa una legge che facilita gli investimenti sulla rete.
Comunque mi piace molto tutto ciò e penso che prenderò posizione su uno di questi titoli magari sfruttando il primo storno.
 
In effetti in questo momento è difficile scegliere tra le ferrovie. Ovviamente non tutte coprono le stesse rotte. Io faccio così: per ciascuna regione di appartenenza ho un titolo preferito che peso maggiormente in portafoglio ma non disdegno gli altri. Ho in portafoglio UNP, BNI, CSX, NSC, CNI, CP, KSU e FLA.
Per l’est preferisco CSX a Norfolk (NSC). Per l’ovest Union (UNP) a Burlington (BNI). Per il sud preferisco Kansas City (KSU), che va anche in Messico. Le canadesi mi piacciono di meno: Canadian National (CNI) copre sia l’ovest che il sud ma è meno ramificata rispetto a Union e Burlington. La Canadian Pacific (CP) copre il nord – ovest. Per completare ho pure la Florida East Coast (FLA). Tutte le ferrovie hanno corso molto e se l’economia rallentasse….
Meglio essere prudenti: il beta del settore è 1.6. Io come ho già detto ho approfittato dell’effetto Buffet per portare a casa un po’ di profitti. Complimenti per la tua intraprendenza e le tue ricerche. Interessanti anche le tue ipotesi su eventuali fusioni. Nel caso ci guadagnerà tutto il comparto.
Ciao
N.
 
Riporto i dati storici sintetici e comparativi delle ferrovie. Il colore rosso segnala valori peggiori della media il verde migliori della media. I dati sono stati presi ieri da Yahoo.
N.
 

Allegati

  • RR.jpg
    RR.jpg
    67,9 KB · Visite: 823
Molto interessante..grazie !
Questi dati però confermano la mia incertezza nel scegliere...Direi che NSC mi piace sempre un po' di più ..anche perchè mi sembra aver corso meno delle altre.
 
Rail industry says it balances investments with returns



(Updated with stance of American Chemistry Council and with prepared comments from UPS.)

The railroad industry continues taking steps to increase the amount of traffic it can handle, but the chief executives of the largest railroads warned Wednesday that capacity investments must be balanced with the returns they generate.
The executives, who spoke before a Surface Transportation Board public hearing in Washington, D.C., about rail capacity and infrastructure requirements, also reiterated that any hint of re-regulation will damp capacity investments. The hearing was broadcast over the Internet.
Over the last several years, railroads have invested in additional employees, more tracks, new equipment and safety measures, executives said. Some customers, however, have said the companies haven't invested enough to keep up with demand.
Union Pacific Corp. (UNP : Union Pacific Corporation
News , chart , profile , more
Last: 117.21+0.74+0.64%

4:01pm 04/20/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
UNP117.21, +0.74, +0.6%) , the largest railroad by revenue, anticipates 2007 capital expenditures of $3.2 billion, which would be a record, Chairman, Chief Executive and President James Young said. About $2 billion of that amount will be used for maintenance, such as replacing locomotives and freight cars. The remaining $1.2 billion is earmarked for growth, Young said.
"We're making a bet that we can improve our returns," Young said.
Norfolk Southern Corp. (NSC : Norfolk Southern Corporation
News , chart , profile , more
Last: 56.06+0.15+0.27%

4:01pm 04/20/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
NSC56.06, +0.15, +0.3%) will have capital expenditures of about $1.35 billion this year, roughly the equivalent of the company's net profit in 2006, Chairman, President and Chief Executive Charles Moorman said. The railroad has invested in areas such as tracks and intermodal terminals, where containers and trailers are loaded and unloaded for movement on rails and trucks.
When making investments, rail companies are also taking into account the demand for coal, particularly out of Wyoming's Powder River Basin; agricultural products; intermodal and ethanol, executives said.
Whether the investments are enough remains to be seen. U.S. Department of Transportation Under Secretary for Policy Jeffrey Shane noted that congestion in the U.S., including railroads, trucks, shipping ports and airports, costs America about $200 billion a year in such things as time, traffic and wasted fuel.
Customers of railroad companies have been vocal in saying the industry isn't spending enough money to handle their higher volumes. The American Chemistry Council, which represents companies in the chemical business, has long said its members are typically subjected to poor service and high prices, given the limited number of railroads in the U.S. Tom Schick, senior director for regulatory and technical affairs for ACC, was scheduled to speak at the hearing later Wednesday.
Customers' rates will rise as capacity tightens and that is a viable concern, said Burlington Northern Santa Fe Corp. (BNI : Burlington Northern Santa Fe Corporation
News , chart , profile , more
Last: 94.07+0.34+0.36%

4:00pm 04/20/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
BNI94.07, +0.34, +0.4%) Chairman, President and Chief Executive Matthew Rose. But whenever that begins leading to an outcry for legislation or some type of regulation, the litmus test needs to be whether such action will increase capacity, Rose said. Investment tax credits can help accomplish that, he added.
The industry's profitability has risen as customers' rates have increased, but it has also been some time since any railroad has been able to sustainably earn its cost of capital, Norfolk Southern CEO Moorman said.
"Customers want more capacity, better service and lower rates, and I don't know how you do all three of those," he said.
The absence of new capacity investment and network efficiency initiatives "pose a significant threat" to United Parcel Service Inc.'s (UPS : united parcel service inc cl b
News , chart , profile , more
Last: 72.82+0.83+1.15%

4:01pm 04/20/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
UPS72.82, +0.83, +1.2%) ability to serve its customers, Thomas Jensen, a vice president with the Atlanta company, said in prepared remarks. UPS opposes any future mergers of large Class I railroads until the service levels that existed before the flurry of mergers in the 1990s return, he said.
"The promise we all heard from the railroads of improved service, more competitive rates and greater investment has not occurred," Jensen said. "The opposite has."
UPS spent more than $1.5 billion last year moving small packages and heavy freight on railroads. The company gives, on average, more than 3,100 trailers or containers to the railroads every day.
Investment tax credits can't be the only solution to tight capacity, with additional public funding means being needed, Jensen said. Also, UPS still supports a user-financed Railroad Trust Fund, similar to those used for airports, highways and inland waterways, he said. The fund would be used to increase capacity, maintain infrastructure and enhance improvement projects.
"Our intermodal freight movements move at slower speeds today than they did in the mid-90s, while service has declined," Jensen said, adding that UPS is still experiencing "significant" service issues in the western U.S.
 
Burlington Northern Santa Fe Reports First Quarter 2007 Results and Record First Quarter Revenues

FORT WORTH, Texas, April 24, 2007:

Freight revenues were a first-quarter record of $3.54 billion and were 5 percent higher compared with first quarter of 2006, on flat volumes.
Quarterly earnings were $0.96 per diluted share, which included a $0.14 charge for additional environmental expenses and a technology system write-off. This compares to first-quarter 2006 earnings of $1.09 per diluted share, which included a $0.04 per share line sale gain.
Operating income was $694 million, which included the environmental and technology charge of $81 million as well as fuel headwinds of approximately $60 million principally resulting from a decline in fuel hedge positions. This compares to first-quarter 2006 operating income of $793 million, which included $22 million from a line sale gain.
Burlington Northern Santa Fe Corporation (BNSF) (NYSE: BNI) today reported quarterly earnings of $0.96 per diluted share, which included a $0.14 charge for additional environmental expenses and a technology system write-off, compared with first-quarter 2006 earnings of $1.09 per diluted share, which included a $0.04 per share line sale gain.

"Improved yields from our well-balanced portfolio allowed us to achieve record first-quarter revenues despite flat volumes on a year-over-year basis. In addition, we continue to drive operating expense efficiencies and improve velocity, delivering our best on-time performance since 2004," said Matthew K. Rose, BNSF Chairman, President and Chief Executive Officer.

First-quarter 2007 freight revenues increased $175 million, or 5 percent, to $3.54 billion compared with $3.37 billion in the prior year. The 5-percent increase in revenue is primarily attributable to improved yields. Revenue for the first quarter of 2007 included fuel surcharges of approximately $380 million compared with approximately $350 million for the first quarter of 2006. The increase in fuel surcharges was driven primarily by increased participation in BNSF’s fuel surcharge program.

Coal revenues rose by $80 million, or 12 percent, to $760 million, as a result of higher rates from contract renewals, contractual price escalations, increased length of haul and fuel surcharges. Additionally, volumes increased by 2 percent as a result of strong customer demand. Consumer Products revenues increased $62 million, or 5 percent, to $1.31 billion primarily due to higher revenues in the international intermodal sector. Agricultural Products revenues were up $29 million, or 5 percent, to $626 million, predominately from volume growth in soybeans and fertilizer. Industrial Products revenues of $846 million remained relatively flat for the first quarter of 2007, as strong demand for petroleum and chemicals and plastic products were offset by weakness in the housing market.

Operating expenses for the first quarter of 2007 were $2.95 billion compared with first-quarter 2006 operating expenses of $2.67 billion. The $281 million increase in operating expenses was primarily due to the environmental and technology charge of $81 million as well as higher fuel expense reflecting both a declining hedge position and higher fuel prices.

Burlington Northern Santa Fe Corporation’s subsidiary BNSF Railway Company operates one of the largest North American rail networks, with about 32,000 route miles in 28 states and two Canadian provinces. BNSF Railway Company is among the world's top transporters of intermodal traffic, moves more grain than any other American railroad, carries the components of many of the products we depend on daily, and hauls enough low-sulfur coal to generate about ten percent of the electricity produced in the United States. BNSF Railway Company is an industry leader in Web-enabling a variety of customer transactions at www.bnsf.com.
 
BNI, sta testando il precedente massimo divenuto resistenza, c' è anche un gap a circa 84.
Mentre NSC sta andando a testare i massimi storici. :)
 
Il treno Norfolk rallenta un po'... :

NORFOLK, VA – For the first quarter of 2007, Norfolk Southern Corporation (NYSE: NSC) reported net income of $285 million, or $0.71 per diluted share, compared with $305 million, or $0.72 per diluted share, for the first quarter of 2006. The decline in net income reflected lower income from railway operations as well as lower non-operating income.

"We are encouraged with our performance in the first quarter, especially in light of the softness in the economy," said Norfolk Southern CEO Wick Moorman. “We will be prepared as the demand for transportation services resumes its growth, and we are continuing to invest in safety, capacity and new technology to drive further improvements in service. We are also continuing to manage our cost structure and drive further efficiencies in our operation.”

First-quarter railway operating revenues were $2.2 billion, down 2 percent compared with the first-quarter of 2006. Continued weakness in the automotive and housing industries contributed to a 4 percent reduction in volumes during the quarter compared with record volumes reported in the year-earlier period.

For the first quarter, general merchandise revenues were $1.2 billion, down 4 percent compared with the same period last year. Coal revenues reached $557 million, about even with first-quarter 2006. Intermodal revenues were $462 million, down 1 percent compared with the same period last year.

Despite costs associated with extreme winter weather conditions that were far more severe than the first quarter of 2006, first- quarter 2007 railway operating expenses declined 2 percent to $1.7 billion. The improvement largely resulted from lower compensation and benefit costs.

For the quarter, the railway operating ratio was 76.5 percent, slightly higher compared with 76.1 percent during first-quarter 2006.
Norfolk Southern Corporation is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 21,000 route miles in 22 states, the District of Columbia and Ontario, Canada, serving every major container port in the eastern United States and providing superior connections to western rail carriers. NS operates the most extensive intermodal network in the East and is North America’s largest rail carrier of metals and automotive products.

###
 
Buffett likes railroads, outlook not "sensational"



OMAHA, Neb., May 5 (Reuters) - Warren Buffett, whose Berkshire Hathaway Inc. recently bought large stakes in three railroads, said on Saturday that business would never be "sensational," yet its prospects had improved.

"What was a terrible business 30 years ago (is) a better business now," Buffett said at Berkshire's annual shareholder meeting. "It will never be a sensational business."

Buffett called railroads a "very capital-intensive" business, but said there "isn't a whole lot of new capacity. ... It could be a lot better business than in the past."

Shares of several railroads rose on Monday, April 9, after Berkshire disclosed in a regulatory filing the previous Friday that it had accumulated a 10.9 percent stake, worth $3.23 billion, in Burlington Northern Santa Fe Corp (BNI.N: Quote, Profile , Research).


On April 9, Berkshire said it also spent $700 million for a stake in a second railroad company, and slightly less to invest in a third. The other companies' identities remain unclear.

Major U.S. railroad companies whose shares rose April 9 on news of the Buffett investments included Burlington Northern, CSX Corp. (CSX.N: Quote, Profile , Research), Norfolk Southern Corp. (NSC.N: Quote, Profile , Research) and Union Pacific Corp (UNP.N: Quote, Profile , Research).
 
..."he praised Canadian National (CNI) as the best-run railroad....
forse questa è la seconda che ha acquistato?!
gioia23
 
Oggi i treni sono andati bene. Io lunedi' ero indeciso se comprare UNP (dopo una analisi, allargata all'italiana FNM, questo mi sembrava il titolo migliore del settore, sia per i relativamente pochi debiti, sia perche' -insieme ad NSC- aveva corso meno degli altri nell'ultima decade) ed Alcatel... alla fine ho scelto Alcatel che per ora si e' rivelata una scelta sbagliata.
 
La Florida East Coast Railroad ieri è stata acquisita dall'ennesimo private equity. E' la più piccola, la più debole, la meno efficiente, singolarmente la meno appetibile. La ristruttureranno un po' è la cederanno ad una delle grandi. Nel frattempo in questo ultimo mese il suo prezzo è aumentato del 40% circa. Io ne ho un po' e incasserò il profitto che però preferisco non reinvestire nelle ferrovie.
Il mio indice Railroad ieri è cresciuto del 3,49% e ha toccato il nuovo massimo di sempre a 525,85
S.
 
Nautilus70 ha scritto:
Oggi i treni sono andati bene. Io lunedi' ero indeciso se comprare UNP (dopo una analisi, allargata all'italiana FNM, questo mi sembrava il titolo migliore del settore, sia per i relativamente pochi debiti, sia perche' -insieme ad NSC- aveva corso meno degli altri nell'ultima decade) ed Alcatel... alla fine ho scelto Alcatel che per ora si e' rivelata una scelta sbagliata.

FNM ha sicuramente degli aspetti interessanti ma anche molti lati oscuri.
Uno su tutti la gestione del servizio passeggeri che è poco redditizia e dev'essere obbligatoriamente mantenuta su certi livelli qualitativi .
Poi c'è il discorso della maggioranza in mano alla regione lombardia che fanno di FNM ancora un titolo parastatale.
Vero è che hanno in mano una tratta interessantissima e molte aree e terreni che potrebbero essere riqualificati.
L'azienda ha staccato l'ultimo dividendo nel 1958.
I treni Usa son proprio altra cosa ma penso che il picco massimo di trasporti e utili l'abbiano toccato nel 2006. Ora rimane il discorso speculativo legato a Buffett o altri che sono interessati alle aziende.
 
Guangshen Railway (GSH) ha passato oggi i 40 € sul NYSE, l'anno scorso era stata anche sotto i 20$,
gioia23
 
Indietro