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.
It's been rather bullish for the last 2 yrs now......... and looks like it will keep on going......
Yeah, my head is spinning as well. If I had funds to buy more I would, at these prices....... but why should I? What makes us think the PPS is not going to keep chipping downward??
I guess news doesn't generate any more interest here either. I would have thought there would be some action after this:
TOP Ships Inc. Announces Financing for Newbuilding Vessel and Five Year Time Charter With Cargill International SA
6:01 am ET July 2, 2018 (Globe Newswire) Print
TOP Ships Inc. (the "Company"), an international owner and operator of modern, fuel efficient "ECO" tanker vessels currently focusing on the transportation of petroleum products, announced today that it entered into a sale and leaseback agreement and a 5 year time charter with Cargill International SA ("Cargill Ocean Transportation") on June 29, 2018, a leading vessel operator and freight-trading business in the bulk shipping sector, for its newbuilding vessel Hull No 8242 currently under construction at Hyundai Mipo Dockyard Co., South Korea.
Consummation of the deal is expected to take place on the vessel's delivery date currently planned for January 2019. Following the sale, the Company will bareboat charter back the vessel and immediately put it on a 5 year time charter with Cargill Ocean Transportation. As part of this transaction, the company has continuous options to buy back the vessel during the whole five year sale and leaseback period at the end of which it has to buy it back.
The gross proceeds from the sale amount is $32.4 million, which is the total amount that remains to be paid for the specific vessel.
The revenue backlog expected to be generated by the time charter fixture is about $27.6 million.
Evangelos Pistiolis, the President, Chief Executive Officer and Director of the Company, said:
"Our strategy of acquiring very high quality vessels has once again been embraced by a top quality charterer.
This financing alone covers about one fifth of the capital required in order to take delivery of the three vessels that we acquired during the first quarter of 2018, all of which will be delivered within the first 2 quarters of 2019.
We are working very hard to finalize financing for the remaining capital requirements of these vessels in the near future.
As a result of the time charter employment the total gross revenue backlog for the fixed charter period of our fleet has grown even further to $211 million.
Following the above mentioned time charters, the Company's projected charter coverage is as follows:
Year Days fixed
2018 100 %
2019 86 %
2020 85 %
2021 44 %
2022 12 %
2023 7 %
2024 2 %
The above charter coverage percentages are calculated as the ratio of number of days vessels are expected to be hired pursuant to the fixed period of existing time charters divided by number of days vessels are available for chartering during the respective calendar years assuming no off-hire days."
The 8K out is making this movement? Seems odd that it would drop down so hard for so long, and then rebound today like this.......
Hey, what happened to Lecker??? Used to pump heavy everyday, and now that the PPS has kept going down, Lecker is nowhere to be seen for over 3 months....... hmmmmmm
And even with that news, we've dropped like crazy since Wednesday.
Do you think they could be setting the PPS down low for some crazy financing or buyout in the near future? I mean, how else can it keep tanking like this?
I guess nothing going on here besides a big steady decline since February.
Not helping the SP at all??
Plug Power Inc. (NASDAQ:PLUG), a leader in providing energy solutions that change the way the world moves, has been named to the Top Green Providers list for 2018 by Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global food supply chain.
Food Logistics' annual Top Green Providers recognizes companies whose products, services, or exemplary leadership is enhancing sustainability within the food and beverage industry. Each year, the criteria for earning a spot on the list become more stringent for applicants. For example, the editorial staff evaluates a company's participation in such programs as the EPA's SmartWay and other recognized sustainability programs; facilities that are LEED-certified, and/or feature solar panels, LED lighting, and other energy saving installations and retrofits that produce measurable reductions in GHG emissions, to name a few.
With 2018 marking its second year on the Top Green Providers list, Plug Power has established a long-standing commitment to offering material handing fleet customers a sustainable solutions to power their material handling equipment. Food and beverage companies like Walmart, Kroger, and Carrefour in Europe have made the decision to utilize hydrogen fuel cells to power their forklift truck fleets, dramatically improving their carbon footprint.
"The agricultural sector and food supply chains at large have long recognized the importance of environmental stewardship for long-term sustainability in both business and for future food production globally," notes Lara L. Sowinski, Editorial Director, Food Logistics. "Food Logistics remains committed to promoting those in our industry who understand their leadership role in sustainability and work to raise the bar with new products, services and strategies each year."
"Thanks to our customers' widespread adoption of hydrogen fuel cells, we've been able to prove the positive influence sustainable energy has on performance, revenue, and profitability for business growth," said Andy Marsh, CEO of Plug Power. "We're honored to be named to the Top Green Providers list for the second year in a row as we continue to work to make a significant difference in ensuring our customers are successful in moving their products around distribution facilities and around the world in the cleanest way possible."
Any takers on how far down you think we'll go?
Profit taking here in the last hour?
What the heck happened?
Now almost 8% down and huge volume already......... don't know what's going on, but I don't see any reason for the continued downward trend.
And.... then what happened?
Um, what's going on with NOK again? Just keeps falling.....
What's with the crazy drop RIGHT NOW??
Anyone keeping an eye on SP and Nasdaq requirements? It's great to have stopped the bleeding and stabilize a bit, but it's another thing to continuously close under $1 everyday.
Thoughts on: a) an extension from Nasdaq? b) an R/S? c) how to raise PPS above $1 if there is up to $150+ million to dilute?
Aaaaand.......just like that we're right back to where we started!
Jack's not the only one........
Probably to get access to some money......by giving up some possible future profits, etc.
EPS was close to estimate, and Sales was actually better than estimate....... certainly does not justify the drastic drop. 1Q highlights are positive...... I would have thought a 5% rise in PPS would have been about right....
If drilling/assay results are positive or great, then Surge should actually 'surge', and yes, then we should have bought it. But if the results are mediocre at best, or even worse, not good, then I believe both Surge and Lico will go down.
I'm not liking this current scenario either!
Hoping to see $10 before the end of the year. 5G should lead the way.....
I'm surprised at just HOW quiet it got. Like silence. Waaayyyyyy more buzz when the PPS was dropping down daily. All kinds of predictions, speculations, etc.
Now that it is steady...... nothing. Crickets.......
Yeah, I think some large blocks could help this move up AND also create a better resistance zone during downturns...... with mostly small guys this thin can go up and down pretty easily.
So, could revenue somehow from film rights offset ticket costs, say, in the next 1-2 years?
Positive news from USPS right now would generate big institutional interest, IMO.
I'm not doing quite as bad as you, but I need it to hit 0.09 just to break even myself......
I was wondering the same thing.........
Still waiting to hear/read anything about USPS....
Only 2 million shares to get past .0006..... somebody should chomp right through there...
I was thinking the same thing. Looks like some have jumped over to FCEL for now, as there is more activity there at the moment.
I don't know, and it was only for 10,000 shares......
Now BMIC has another 10,000 up at 0.0008.....
But it's a big wall to get through the 0.0005's and the 0.0006's
Somebody just bought...... are we gonna see it keep going? This can run to 0.0014 in a day.....
Buenos dias senor..... do you think this is going lower still, or is this a good point to buy? This HAS to rise sometime this year......
A little action....... are we going anywhere?
Then I hope you made your money on the last pump......
Are we gonna bottom out above $2?
Ride it from .08 to .22
Then repeat a month later.........
But I think NEWL is still the worst, all-time, of these Greek shippers..... $66,825,000 was the adjusted PPS on 09/01/2005, after all of their R/S's..... soooooo criminal.
It's definitely like NEWL all over again!!!
Yeah, I don't know who wouldn't be in the red at this point, with how positive everything has looked in the past year.
The silence from USPS AND from WKHS is definitely killing the share price.