WOW !! What a set of results

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CockneyRebel - Thu, 01 Jan 04 :

Well done to you guys above too - I always think if a stock doesn't do as you expect then its nobody elses fault but your own. Likewise the credit for buying the stock is yours when they go the way planned too.

Thank's to many of the posters on here too that also post very informative data - it all adds to the knowledge pool and the better informed we are the less like we are to sell too soon or buy wrongly. Doubleorquits a case in point - superb bit of information - cheers.

Best wishes to all for the coming year. A big mistake I learned some years ago (and am still learning it on occasions) is not to sell too soon. At £2 a year ago I doubt many would have believed these would be £5 by year end so don't be surprised if there's bags more yet in this one imo.

I can't remember a stock where everything was culminating together at the same time -

Nearly every contry in the world moving into solid growth including Japan and the former Soviet Union.

Far greater number of goods made in the far east now and shipped to the west.

Huge demand in commodities like copper, and especially steel in China meaning even more shipping requirements.

Double Hull Tankers becoming the only acceptable standard for the EU and other countries around the world so lots of scrapping and commissioning.

Oil demad set to rises as all of these countries come out of recession.

All of this and Clarkson with its superb history ofgrowth and future growth potential still trading on a PE well below that of BMS.

Personally I think there's a very good chance these could double again in 6 months let alone a year.

Happy sailing in 2004 :-)

CR


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