Best Performing Transport Stocks: COSCO (F83); SATS (S58); HPH Trust (C6L); CDG (C52)

In the early part of November, global investors rotated out of momentum stocks (particularly those benefitting from work-from-home trends) to value stocks. It was mostly driven by developments of multiple working vaccines, following the US elections.

One of the sectors that have come back into focus in the transport industry. In Singapore, the 10 most traded transport-related stocks gained 11% in November alone.

In 4 Stocks This Week, we look at 4 of the greatest performing transportation stocks on SGX previously 4-weeks period, above the $500 million mark.

COSCO SHIPPING (SGX: F83)

Singapore-listed COSCO (SGX: F82) is involved in the business of 1) logistics; 2) dry bulk shipping; 3) ship repair and marine engineering; and 4) property development.

In its latest 1H2021 results, COSCO reported 8% rise in turnover to over $86 million. Logistics taken into account 72% of its 1H2021 turnover. However, profit dipped 69% because of rental waivers for its tenants, weak shipping charter rates and lower profit margin.

In the past 4-weeks, COSCO's share price has risen 32% to $0.245. However, within the year-to-date (YTD) it is still down about 26% from $0.330. With a market capitalisation of $549 million, COSCO is a subsidiary of China-listed COSCO China, which owns over 53% from the company's stocks.

SATS (SGX: S58)

As Asia's largest gateway services and food solution in the aviation sector, SATS (SGX: S58) is another stock heavily beaten down by global travel restrictions. In March 2021, we featured this stock among the worst-performing STI stocks. SATS stand to gain from talks of multiple vaccine possibilities and a gradual re-opening of the skies.

In its latest 1H2021 results, SATS reported over 54% stop by its revenue, translating to a loss of over $94 million over a gain of $121 million in the preceding year.

Despite an 18% drop in its share price since the start of year, SATS has a market capitalisation of $4.7 billion. Within the last 4 weeks, SATS' share price has surged 32% to $4.17.

Hutchison Port Holdings Trust (SGX: C6L)

HPH Trust (SGX: C6L) bills itself because the world's first publicly traded container port business trust. It operates 5 deepwater port terminals in Hong Kong and Shenzhen and Huizhou in China. Additionally, it operates two river ports in Jiangmen and Nanhai in China.

In HPH Trust's 1H2021 latest results, it recorded a 12% decline in revenue and other income to HK$4.8 billion. Its profit was 9% lower at HK$212 million, compared to HK$233 million in the preceding year.

In the YTD, HPH Trust share price has actually gained over 9% to US$0.188. Previously 4 weeks, its shares has soared 31%.

ComfortDelGro (SGX: C52)

Another household name nobody should be unfamiliar with in Singapore, ComfortDelGro is among the largest land transport companies on the planet – operating in 7 countries with a network of over 41,000 vehicles.

In its latest 3Q2021 business update, it achieved a revenue of $817 million, down 16% in the preceding period last year. It would have recorded an operating loss of $0.2 million if not for COVID-19 government relief amounting to in excess of $44 million.

Since the start of the year, ComfortDelGro's stock price has plunged 31%. This is despite being in the top 4 transport stock gainers in the last 4-week period, where its stock price gained about 15%.