Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thank you, valuhunter :)
who is cede & co?
George Economou: As the Company's Chairman, CEO and principal shareholder with a 69.5% shareholding of the Company's common stock as of December 31, 2017 with his beneficially ownership of 72,421,515 common shares through: (i) 12,000,000 common shares owned by SPII Holdings Inc. ("SPII"), an entity that may be deemed to be beneficially owned by Mr. Economou; (ii) 45,876,061 common shares owned by Sierra Investments Inc. ("Sierra"), an entity that may be deemed to be beneficially owned by Mr. Economou; and (iii) 14,545,454 common shares owned by Mountain Investments Inc. ("Mountain"), an entity that may be deemed to be beneficially owned by Mr. Economou, Mr. George Economou has control over the actions of the Company.
i dont know
free float: 5 shares
20-F (note) page 90
George Economou(2)
72,421,515
83.4
%
Executive Officers, Key Employees and Directors as a Group
72,421,515
83.4
%
_____________________
(1)
Based on 86,886,627 shares of common stock outstanding as of February 28, 2019.
As of February 28, 2019, we had two shareholders of record, which were located in the United States. One of our U.S. shareholders of record is Cede & Co., a nominee of The Depository Trust Company, which held an aggregate of 14,465,107 shares of our common stock, representing 16.6% of our outstanding common stock. Accordingly, we believe that the shares held by Cede & Co. include shares of our common stock beneficially owned by both holders in the United States and non-U.S. beneficial owners. We are not aware of any arrangements the operation of which may at a subsequent date result in our change of control.
The unknown, is to know exactly the expenses for drybulk and tanker fleet (vessels operating expenses, depreciation, general and administrative and other) omitting the gas carriers, to know more precisely where we are in this march.
We'll know when we have the full report.
My guess, remains that in november de market cap will be 1.5B$
market cap estimate: 1.5 B$
"REVENUES (ESTIMACIÓN)
ACTUAL REAL" número de barcos activos precio medio ingresos brutos diarios ANUAL total ingresos bruto anual
DRYBULK FLEET
NEWCASTLEMAX 8 8 64.240.000,00 102.382.500,00
KAMSARMAX 5 5 17.337.500,00
PANAMAX 6 6 20.805.000,00
TANKER FLEET
VLCC 1 1 12.410.000,00 50.187.500,00
SUEZMAX 2 2 17.520.000,00
AFRAMAX 3 3 20.257.500,00
OFFSHORE SUPPLY
PLATFORM 2 0 0,00 0,00
OIL RECOVERY 4 0 0,00
DRYSHIPS INC. ANNOUNCES
bla... bla... bla.....
About DryShips Inc.
The Company is a diversified owner and operator of ocean going cargo vessels that operate worldwide. As of February 27, 2019, the Company operates a fleet of 31 vessels comprising of (i) 6 Panamax drybulk vessels; (ii) 8 Newcastlemax drybulk vessels; (iii) 5 Kamsarmax drybulk vessels; (iv) 1 Very Large Crude Carrier; (v) 3 Aframax tankers; (vi) 2 Suezmax tankers; and (vii) 6 Offshore Support Vessels, including 2 Platform Supply and 4 Oil Spill Recovery Vessels.
GE makes your own and private dividend... this guy is very very smart...
at your feet my Lord.
In connection with the Issuer's share repurchase program, as of September 4, 2018, the Company's total number of outstanding Common Shares decreased to 96,335,004 from the total number of 97,676,917 outstanding Common Shares as of August 21, 2018.
I wonder ¿how much money is left for the repurchase?
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
*72,421,515
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
74.1%(1)
* Mr. Economou may be deemed to beneficially own SPII Holdings Inc., and may thereby be deemed to beneficially own the 72,421,515 Common Shares owned by SPII Holdings Inc.
(1)
Calculation based on 97,676,917 Common Shares outstanding as of August 21, 2018.
is waiting to shot up. when? soon. how long? for years.
i think. now, harvest time. and not pain for drop in well. GE wil be a good man, who will give us benefits.
is only a recommendation. is just an idea. looking for a future.
Today is a good price. Tomorrow, may be not. In a week, the waiting for a price will be dificult. In a month you bought expensive. Think.
When someone asked on Twitter recently what panamaxes should be called in the wake of the opening of the expanded Panama Canal last Sunday, one wag replied: “Scrap”, leading to others to suggest the new name for the panamax should be the Alangamax, a nod to India’s centre of ship demolition in Gujarat.
The jesting name might have merit however with news today from shipping association Bimco that demolition of panamax containerships in particular in the first five months has been dramatic.
Demolition of containerships almost tripled in the first five months of 2016 in comparison to the same period of 2015.
The demolition of capacity in the panamax segment (3,000 to 5,999 teu), since the start of January 2016 till the year to date, has been especially significant, Bimco noted. A total of 150,863 teu of panamax ships have been demolished so far in 2016, this equals the number of the same type of ship scrapped from June 2014 up to and including December 2015.
Time charter rates for the panamax box segment have slumped 63.5% from a monthly average of $15,800 per day in March 2015 to a monthly average of $5,755 per day today.
“One possible explanation behind the higher demolition in the panamax segment since January 2016 is their potential redundancy – due to the opening of the new locks of the Panama Canal,” Bimco said in a release.
Chief analyst Peter Sand said Bimco is raising its forecast for containership demolition from 250,000 teu to 400,000 teu for the whole of 2016. Sand was adamant that more needs to be done to lift the charter market.
Situation of dryships in this moment:
orig: 93.09 M
cash: 111.59M
Pasive: 608.28M
Debt: -327.54 M
Total value: 812.96M
depreciation assets: (300 M ??)
Value aprox: 512.96 M?? / 708.16M Shares :
Value Share: 0.72$ ??
I do not understand the actual price. What is the GE's plan?
for technical analysis we may stand before the triple ground. 3 bottom.
consensus estimated EPS is 0,03 per share.
The most optimists say EPS 0,05 per share, or 0,70 value share.
The results today BMO
Aprox, At 8 A.M. before the market open, the company Dryships, foresees announce the results of Q3.
i see good news too, but all movements are made for mislead people. and anytime.....booooom...goes up.
terror to get off the train
I never thought I would r / s
It does not correspond with a company of such capitalization and its projection.
good morning
Short interest
shares avg sh. cover
short
9/30/2015 4,001,776 4,733,761 1.000000
9/15/2015 5,109,191 6,972,411 1.000000
8/31/2015 6,516,072 4,219,355 1.544329
They deceive us with figures (pps), with low volume.
Do not be afraid
Is posible: If today or tomorrow breaks 0.22, the next stop will be the 0.34
Next week will be exciting.
Good feeling with drys and orig, They are preparing the latest acquisitions, before making it up, and up.
I think the fundamental balances are improving by leaps and bounds. The debt is being paid quickly and the upward movement should be similar in the future. Looking to next year, we will see the real business, revenues and expenses and the net amount of money produced. From there, we can do a more thorough technical and fundamental analysis to know the proyeción of DRYS.
it is possible that at the last moment out positive news, perhaps something we already know, but to reaffirm the idea that the company is beginning to restructure successfully and take two days to 1 $
It is possible that the impact that has the price of oil, currently, is positive in terms of accounts. A lower oil makes daily ship costs are lower and there is more profit margin.
Do not you think?
I am sure too. Is possible that SA friends, even have to close your short positions before.
Thank you for your technical analysis.
And the more important, the business: with ebitda 400 milion $/ anual, and PER 9:
passive: net book = $1,261 million or: $1.78/share
supposed active: net book = $ 3,600 milion or: $ 5,35/ share
Total supposed share: 7.13 $
But this is when the company will have not debts.
Time.
Thank you all people for comment your information and experience of dryships, in special NM. I join your trip with her long-term intention. Best regards Mikel from Barcelona.