This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

SeaCube Container Leasing Management Presents At Deutsche Bank Aviation And Transportation Conference (Transcript)

Stocks in this article: BOX

SeaCube Container Leasing Ltd. (BOX)

Deutsche Bank Aviation and Transportation Conference

September 6, 2012 2:45 PM ET

Executives

Stephen Bishop – CFO

Hilliard Terry – Textainer, CFO

Presentation



Unidentified Analyst

All right. Well without further ado, we’re going to move on to our container panel here. So we’re moving on to the shipping side of the program. And this smooth transition – we’re not into tankers or dry bulk yet. We’re on the transportation end of the shipping world here with the container leasing guys.

And I’m very pleased to introduce the CFOs of both SeaCube and Textainer, we have Steve Bishop who we’ll hear from first and then Hilliard Terry following him. Thank you.

Stephen Bishop

Thanks Jess [ph] and I’m going to keep my remark short because we want to keep a panel discussion going on here so I’ve just got a couple of slides. Obviously we always do the forward-looking statements, so I’d ask you to read this at your leisure and use your cautionary statements.

In terms of SeaCube the company, we’re one of the world’s largest container leasing company, a total fleet of almost 600,000 containers that both – we produce dry containers and gen set, and we’re also one of the largest lessors of refrigerated containers with about 20% global market share.

95% of our containers are on long term leases and average in main lease term is 3.8 years. $1.4 billion net book value, currently we’ve got 43% of our portfolio in reefers, 55% in dry containers and as well 2% in generator sets.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs