Navios Maritime Partners LP- Partnership Units (NMM)

[cashcow3]

next HIGHFLYER
http://www.nasdaq.com/de/symbol/nmm/real-time

[artsea]

Pre-market over 2$ a share

[ddubs75]

Funny most of the posters here were the same ones over at sunedison. I came over there and said it looked like it was going bankrupt and they yelled it was going to the moon.. Now I say the same here! Looks like a BK on it's way! Just Saying

[lower case man]

Thanks for posting. Bought into this several months ago.
Not an active Board. Hope share price rebounds.

[madghost]

Wanted to have at least one message for 2016. It may take awhile but those of us who are long NMM will have their patience rewarded. Hopefully by sometime in 2017.

[honey/pot]

I like the comparison but what drove FREE from a $70.00 stock to a penny stock in a years time? Something fundamentally doesnt jive. Good luck with FREE

[legalizeMJ]

NMM vs FREE(It's industry comparison)

NMM and FREE are in THE SAME sector.

NMM= $3.08 per share, its 52 wk high= $14.19

FREE= $0.0175 per share, FREE 52 wk high= $70.83.With a 52 week high of $70.83, FREE has plenty of room to run higher from these levels.

[honey/pot]

If that is the case there are a lot of bargains coming up in December. I suspect in January as the new year begins shedding off the doldrums of 2015 we'll see the market turn around as a whole.

[slimpickens]

I suspect they'll keep the .85 at least for one year

[honey/pot]

It seems like all dividend paying companies are reeling in the dividend in order to conserve cash. Navios is no different. Their yield is still strong given market conditions which I suspect will change coming the new year. My question is, if the beat estimates, do they reinstate the .443 level or keep it at .2125?

[VPM1969]

Woa, There's people that post on this board?! Wow

[Uranium]

I sold out last week. Anjilika didn't sound very confident in fact pretty negative. And the divy cut

[Kylef]

Looking like A Bounce Might Come Soon, Maybe from $5.00 Area upto $6.80

[abomination907]

Latest acquisition looks promising:

http://finance.yahoo.com/news/navios-maritime-partners-l-p-142157043.html

[abomination907]

Will this retrace all the way back up?

[abomination907]

Nice gains today...should have bought more this morning

[Uranium]

Baltic Dry Index looking much better. Golden Cross and approaching a 7 month high

[Johnny Z]

Wow what a slaughter today! Anybody know why by any chance? Can't find anything in the news about the company.

[eastunder]

Navios Maritime Partners L.P. Announces Cash Distribution of $0.4425 per Unit

Press Release: Navios Maritime Partners L.P. – Mon, Apr 22, 2013 9:11 AM EDT.. .

PIRAEUS, GREECE--(Marketwired - Apr 22, 2013) - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) announced today that its Board of Directors has declared a cash distribution of $0.4425 per unit for the quarter ended March 31, 2013. This distribution represents an annualized distribution of $1.77 per unit.

The cash distribution will be payable on May 14, 2013 to unit holders of record as of May 10, 2013.

[Ecomike]

The BAIT (dividend) on the end of that fish hook is looking awfully tempting here, until I look at earnings.

[JammingJAY]

$.44 dividend this quarter.

Nice.

[ScovilleUnits]

NMM..Reports Financial Results 1Qtr Ended March 31, 2011

http://www.knobias.com/story.htm?eid=3.1.1566cb010cee2215f7bb61ecbbfe8a0c469b0ebb4b97d83c0d5d77a7b3845fe9

[ScovilleUnits]

43¢ dividend per/share last Qtr?

NMM: $0.43 Cash Dividend; Approaching Record Date

Friday , February 04, 2011 07:00ET

The previously announced $0.43 cash dividend for Navios Maritime Partners LP- Partnership Units (NYSE: NMM) will only be applicable to shareholders of record as of February 09, 2011. Shares are also expected to go ex-dividend on February 07, 2011.

DECL-DATE X-DATE REC-DATE PAY-DATE
----------- ----------- ----------- -----------
01/21/2011 02/07/2011 02/09/2011 02/14/2011

AMOUNT: $0.43 cash (USD)
FREQUENCY: QUARTERLY (based on history)
CHANGE: INCREASE in regular dividend

............ http://www.knobias.com/story.htm?eid=3.1.d0aa1664da0a5697754a28edd0822d764c53c6a0f866de82235bffcd56015392

[Ecomike]

No, I sold about 6 months ago, at about this level. I got out of most of my dividend stocks as I fear we are near a high in the bond and dividend stock markets. There were other issues in this one that worried me too. I also wanted to protect my gains.

If I was retired and needed good dividend cash flow at a high rate I might still be in this one. I am playing oversold, higher risk stocks right now. But I am still watching the BDI and shipper stocks closely.

[JammingJAY]

You still in?

[JammingJAY]

Well?


Almost nineteen dollars with dividend.

Hello?

:)

[JammingJAY]

Been some news with NMM.

Dividend .42 not bad.

http://www.mysmartrend.com/news-briefs/news-watch/top-5-companies-marine-industry-highest-sales-growth-tbsi-nmm-ssw-free-egle

[investorwisdom]

EMPIRE!!! DYNASTY!!!!!!!

[Ecomike]

I think you miss understood what I said, The large share holder did not dump shares, and it was the CEO you named, the problem was she sold herself about $50 (or 100?) million dollars of new treasury shares at $12, while we were paying $20 for retail shares, and that was the day the price spiked down on the chart to $12. Not a good sign IMHO, and the only reason I did not buy back shares of NMM yet, even at $15. And that $12/share sweethart deal coincided with one of the recent Cape Ship purchases from NM to NMM.

[investorwisdom]

The only major stockholder that matters is the CEO Angeliki Frangou who holds over 40% outstanding IMO... She is holding, what does it matter if a large shareholder dumps? that just means the weak hands are out!

[Ecomike]

Then it sounds like you missed the news where the major stock holder of both companies sold himself a large batch of shares a few weeks ago of NMM stock directly at $12/share, while the retail was around $20, and the dollar amount was near the cost of one of those Cape ships they had just bought. That was also the day the retail price on NMM nosed dived, when the news came out.

[investorwisdom]

Mike I know what you mean i got burned bad by TK when they made the sister company TNK tankers buy a tanker from the momma TK and made them dilute buy 30% the float for one damm tanker! NOW TELL ME THAT DON"T SUCK! especially when the prospectus says all profits paid back in diviends, they just screwed the shareholders, Even though NM made NMM pay the full price, that was the actual cost they paid at the top of the market and NMM can pull its weight, so yes Im cautious, but dont see the same thing hapenning, if they do, its another story, but I think NMM can see $30+ so far they did nothing to hurt investors, maybe NMM will do a 1 or 2 million share offering, but nothing to burn investors.

[Ecomike]

If I had the cash I would have caught the knife here recently myself. That said, what I was getting at is that one hand is washing the other here, and in the process inflating the current apparent asset value of the Cape ships it is selling from NM to NMM. While it is great for gaming the banks to loan more money against the apparent book value of assets possibly at lower rates, it inflates the numbers investors see as well in terms of stockholder equity, and asset value. One of their competitors just ordered a brand new Cape ship from Korea for delivery late next year, for half of what NMM is paying NM for the same size ship.

I have already been burned by DRYS, EXM and PRGN's shell games, so I am being a lot more cautious now. That said, this is the first sign I have seen of this sort of game playing with NM or NMM. Of course since NM is the general partner in NMM, it is almost like selling myself something, LOL, except they are both public companies with outside stock holders and banks loaning them money.

I hope you understand, I am not saying this not a good time to buy this one, I just don't like the smell of the prices they are using for the Cape ship deals, especially since they are not arms length deals, and I now know what the ships are selling for at an arms length deal (possibly distressed, but arms length current market price).

Oh, and congrats on the Mod position! GLTA

[investorwisdom]

I think you have to look beyond the bigger picture, NM and NMM are interrelated, blood brothers, what's good for one is good for the other, these guys know what they are doing, and they would not of made the deal if it was not a good long term move or repositioning.

[investorwisdom]

welcome me as the new mod and shareholder!

[investorwisdom]

That was a correction pullback buying opportunity!

[investorwisdom]

were picking op, the chart is awesome!

[investorwisdom]

This has great exposure to emerging markets and rising BDI rates!

[investorwisdom]

Incredible I bought 500 shares today weeeeeeeeeee

[Ecomike]

Today may have been the bottom. BDI was up off the charts today, with Cape ship rates up 20% in one day! Earnings come out Thursday morning IIRC.

[Ecomike]

I was a roaring bull on this one 6 - 16 months ago, but the recent events and manipulation scare the hell out of me. NM sold NMM a Cape size ship recently for 110 million, a 2009 year IIRC with a charter, then buys 1/2 off shares to help them pay for it (I think), while a smaller competitor a few weeks ago bought a brand new Capex from Korea for about 55 million!!!!!

I got screwed by EXM, PRGN and DRYS too many times to trust greeks anymore, at least from the buy and hold for ever standpoint. I made good money on NM and NMM in 2009, but decided not to over stay my welcome like I did the others. But I am till watching and learning here.

GLTA

[JammingJAY]

Yes I missed the down spike, not fast enough I guess.

It sure recovered quick. Watching the down trend today, hope to grab some cheap shares. The bounce yesterday I'm guessing showed the support level.

I'm long so the dips are ok I like to buy cheap shares of a well run company.

NNA was up a penny today, NM +.02.

ED: Just checked it's down to $17.84 after the close.

[Ecomike]

Any idea why the price dropped 10% at one point today?

Never mind, this was in the quarterly report, might have spooked some longs combined with yesterdays sell off:

"On February 8, 2010, Navios Partners completed its public offering of

3,500,000 common units at $15.51 per unit and raised gross proceeds of

approximately $54.3 million to fund its fleet expansion. "

[JammingJAY]

$.41.5 a share Q dividend.

Looking back this has been an excellent ride with more to come.

I'm watching NNA to get in and I was in NM before NMM.

[JammingJAY]

I missed the dip below $18 bucks today.

[ScovilleUnits]

NMM Increases Cash Distribution by 1.2%...$0.415 per Unit

Monday , April 26, 2010 08:30ET

PIRAEUS, GREECE -- (Marketwire) -- 04/26/10 -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) announced today that its Board of Directors has declared a cash distribution of $0.415 per unit for the quarter ended March 31, 2010. This distribution represents a 1.2% increase over the prior quarter's distribution of $0.41 per unit and an annual distribution of $1.66 per unit. The cash distribution will be payable on May 13, 2010 to unit holders of record as of May 10, 2010.

[JammingJAY]

Make that +19.00 dollars.

Love this shipper and the rest of the Navios family.

[JammingJAY]

Still holding strong around $17.00.

News..

purchase of Navios Aurora II, a 2009 South Korean-built Capesize

http://navios-mlp.irwebpage.com/news_display.html?relid=2010-03-22

[Ecomike]

NMM has hit new 52 week highs several days in a row now. Today we were up 3% higher at a new 52 week.

[Ecomike]

Found a transcript of the 3rd quarter earnings.

http://seekingalpha.com/article/170293-navios-maritime-partners-l-p-q3-2009-earnings-call-transcript?source=email