Navios Maritime Partners LP- Partnership Units (NMM)

[trickledownfacists]

Love it

[trickledownfacists]

So good

[trickledownfacists]

Added

[trickledownfacists]

$31s…….

[trickledownfacists]

$30

[trickledownfacists]

Nice

[oil export]

Perhaps NM is better after the rise of NMM

[trickledownfacists]

Next stop $35

[trickledownfacists]

$30 coming

[trickledownfacists]

Still moving

[trickledownfacists]

Beautiful

[trickledownfacists]

Took another chunk

[trickledownfacists]

Shipping rates still rising

[oil export]

See these data, P/E P/B the stock must rise strongly with such data.
https://finance.yahoo.com/quote/NMM/key-statistics?p=NMM
It's a mystery how the market did not discover this bargain

[oil export]

The company issued daily reports, earning and trading at a ridiculous price. Doubling at least within half a year.

[daddy sawbucks]

Been s/h here for long time. Anyone have any idea where this is going price wise? Thanks

[StockNinja33]

Load the boat under $1

[hotstockforyou]

nmm strong buy tradeing under 1.00 company buying back 50million in shares 8%percent dividend

[Net-Man]

Anyone heard when financials will be reported?

[Net-Man]

NMM announces $50 million repurchase plan -

Navios Maritime Partners L.P. Announces $50.0 Million Unit Repurchase ProgramFont size: A | A | A
9:00 AM ET 1/7/19 | GlobeNewswire


Navios Maritime Partners L.P. Announces $50.0 Million Unit Repurchase Program

MONACO, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that its Board of Directors has authorized a unit repurchase program for up to $50.0 million of the Company's common units over a two-year period. Unit repurchases will be made from time to time for cash in open market transactions at prevailing market prices or in privately negotiated transactions. The timing and amount of repurchases under the program will be determined by Navios Partners' management based upon market conditions and other factors. Repurchases may be made pursuant to a program adopted under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The program does not require any minimum repurchase or any specific number of units of common equity and may be suspended or reinstated at any time in the Company's discretion and without notice. The Board of Directors will review the program periodically. Repurchases will be subject to restrictions under the Company's credit facilities.

About Navios Maritime Partners L.P.

Navios Partners (NYSE:NMM) is a publicly traded master limited partnership which owns and operates dry cargo vessels. For more information, please visit our website at www.navios-mlp.com.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events including Navios Partners' expected cash flow generation, future contracted revenues, future distributions and its ability to have a dividend going forward, opportunities to reinvest cash accretively in a fleet renewal program or otherwise, potential capital gains, our ability to take advantage of dislocation in the market and Navios Partners' growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as "may", "expects", "intends", "plans", "believes", "anticipates", "hopes", "estimates", and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding expected revenue and time charters. These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by Navios Partners at the time these statements were made. Although Navios Partners believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Partners. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainty relating to global trade, including prices of seaborne commodities and continuing issues related to seaborne volume and ton miles, our continued ability to enter into long- term time charters, our ability to maximize the use of our vessels, expected demand in the dry cargo shipping sector in general and the demand for our Panamax, Capesize, UltraHandymax and Container vessels in particular, fluctuations in charter rates for dry cargo carriers and container vessels, the aging of our fleet and resultant increases in operations costs, the loss of any customer or charter or vessel, the financial condition of our customers, changes in the availability and costs of funding due to conditions in the bank market, capital markets and other factors, increases in costs and expenses, including but not limited to: crew, insurance, provisions, port expenses, lube oil, bunkers, repairs, maintenance and general and administrative expenses, the expected cost of, and our ability to comply with, governmental regulations and maritime self-regulatory organization standards, as well as standard regulations imposed by our charterers applicable to our business, general domestic and international political conditions, competitive factors in the market in which Navios Partners operates; risks associated with operations outside the United States; and other factors listed from time to time in Navios Partners' filings with the Securities and Exchange Commission, including its Forms 20-F and Forms 6-K. Navios Partners expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward looking statements contained herein to reflect any change in Navios Partners' expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Navios Partners makes no prediction or statement about the performance of its common units.

Public & Investor Relations Contact:

Navios Maritime Partners L.P.

+1.212.906.8645

[e-mail]

Nicolas Bornozis

Capital Link, Inc.

+1.212.661.7566

[e-mail]

> Dow Jones Newswires

January 07, 2019 09:00 ET (14:00 GMT)

[Net-Man]

Zacks ranks NMM strong buy:
https://finance.yahoo.com/news/value-investors-buy-navios-maritime-141002103.html

[Net-Man]

Seems a bit odd that NMM's share price has been cut by 60+% in recent months. All apparently owing to the potential of loaning money to NM. That is an obvious risk to future dividends, but I don't think the current pps reflects value or risk.

[Net-Man]

NMM currently trading at less than 25% of book value and a annualized dividend of 7%. The biggest risk is debt due in 2020, which seems easily managed with the container sales and/or negotiating new loans.

This one seems like easy money from here. Any one have any other details?

[Net-Man]

According to the latest financials, NMM has a book value of ~$4.50 per share. It's making money and on track to grow revenues. As the container ships are sold, it seems that debt could be paid off, other assets purchased, distributed to unit holders, or some combination.

My assumption is the pps is down due to parent NM. Any one have any insights?

[Net-Man]

jelliis - the numbers appear to be good for NMM. If the containers are moved into the spinoff, the transaction should be net positive with the associated debt moved off NMM's books along with the sale actually being profitable. There is a large amount of debt coming due in 2020, which is a concern. Looking for that to be restructured. All in I don't see bankruptcy in the cards.

My guess is the pps is going down due to the risks associated with NM, which is a mess.

[jellis]

Just keeps going lower and lower. What’s the possibility of bankruptcy?
Anybody !

[Net-Man]

6 months after posting that,well I didn't see that response coming! LOL

[Nostradamus2012]

No shit

[VFrankenstein]

From what I read, their debt to earnings ratio is somewhat far off.

Should be 3.0x but is only 0.55x.

[Net-Man]

Strange that NMM is down the percentage they are after reporting that dividends are starting back up and they received an increase in their credit rating. ?

[Net-Man]

My guess is the pps is going down in conjunction with the BDI, which has been drifting down for a couple of weeks. The chart pattern has a nice stair step going up though. South American grain season is starting and should push prices back up and the general cycle should continue to improve going into the fall.

[VFrankenstein]

I'd like to think they heard me..... But then who am I kidding....

This time it's nice to be proven wrong.....

Dividend to be paid out in May.....

Hopefully after they actually pay out, the price will rise.

GLTA

[Net-Man]

I have been skeptical there would be a resumption of dividends before 2019. Wonder what the $35 million will be used for? My guess is dry bulk ships.

[VFrankenstein]

And again, more dilution......

[VFrankenstein]

Resume Dividends?????????? (not)

[VFrankenstein]

Dilution????????????

[the big guy]

Does anybody know the role of this stock with Navios?

Navios Maritime Acquisition Corp NNA:NYSE

They pay a great dividend... can't find anything on them.

[benfrankledger]

$JPM $NMM - says its downgrade is based primarily on valuation, as the company enjoys positives such as low leverage, relatively higher charter coverage, low cost basis and diversification into the containership sector through long-term charters.

[T695]

Boom time coming

[T695]

Buy buy buy

[T695]

I think the entire sector get a bounce very soom

[Net-Man]

The short answer is yes. Shipping is in a recovery and growth period.

"The pickup in global growth anticipated in the April World Economic Outlook remains on track, with global output projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018."

http://www.imf.org/en/Publications/WEO/Issues/2017/07/07/world-economic-outlook-update-july-2017

Capesize and Panamax fleets are growing at slightly over 1% at the same time demand for shipping is increasing. Demand is catching up with the supply of ships and other factors will begin to kick in that will slow the supply side of the equation. Ship age isn't a factor today. However, low sulfur fuels and ballast water treatment systems are. These regulations will begin to have an effect and ships will either be scrapped or sidelined for upgrades. Either way supply becomes constrained and rates will move up.

Holding NMM.

[asdfu099]

SB?

You think the global shipping market will ever pick back up to decent levels to warrant this getting more earnings?

[T695]

Holding this and SB

[T695]

I'm holdin long, i think this go back to 10 sooner or later

[asdfu099]

Anyone still active here? Down over 4% today. Thinking about a buy.

[T695]

Interning here

[Net-Man]

Has anyone found any additional details regarding the 10 million shares being sold @ $5? The $50 million should help a good deal, but curious why the pps hasn't moved on that news.

[Net-Man]

Looks as though the $22 million is being distributed through new shares. Is this becoming the next DRYS?

[VFrankenstein]

The Master Agreement provides for the acquisition of nine additional vessels, four of which are laid up and none of which are employed under long-term charters. Navios Partners will now focus on acquiring the balance of the fleet.

If I read this correctly, the nine remaining vessels are inactive at the present time and four of them are out-of-service.

I sure hope these are cheaper....

GLTA