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A decrease like yesterday and there is no announcement, I bought more if there is an issue, it does not justify such a decrease.
Without the profit that went to the preferred shares the P/E was 0.15
In accordance with our dividend policy, and taking into account the above-listed factors, we expect to pay dividends only if during the preceding quarter Quarterly Cash Flow is positive and Quarter-End Excess Cash is also positive. As a general guideline, the amount of any such dividends is expected to be based on a pay-out ratio of the lower of i) Quarterly Cash Flow; and ii) Quarter-End Excess Cash. So long as our end of quarter outstanding debt exceeds our equity market capitalization our pay-out ratio is expected to be 50%. We will consider increasing the pay-out ratio gradually up to a maximum level of 90% that we may achieve when our end of quarter outstanding debt is less than 10% of our equity market capitalization. Quarter-End Excess Cash is defined as actual end of quarter Cash and Cash Equivalents over our Minimum Cash Threshold. Minimum Cash Threshold is defined as the sum of minimum liquidity pursuant to our loan agreements and $1.5 million per vessel. Our bank facilities currently require us to maintain minimum liquidity of $5.0 million.
The dividends are on the way
I WANT DIVIDEND !
You should complain to the SEC about the managements of IMPP TOPS PSHG who are not acting in the interest of the ordinary shareholders by diluting at a huge discount price. The goal may be to make the companies cheaply private.
YES
Under our $50 million ATM program which commenced on December 16, 2022 and was paused on February 7, 2023 we sold 35,344,898 shares and raised net proceeds of $9,303,361.
The company must raise funds, there are expenses and almost no income.
https://ih.advfn.com/stock-market/NASDAQ/icecure-medical-ICCM/stock-news/89812573/icecures-prosense-safe-and-effective-in-treating-k
that's what important ! Yesterday and the day before yesterday the investors thought that the announcement was worth buying at 4-11 dollars, so because the company needs liquidity, then suddenly the announcement is not important?
IT WILL!
I bought more, there has never been such an attractive P/E neither in PSHG nor in any stock on the stock exchange, and that's the difference!
If they don't care about the S/P why they said
"Despite our efforts to increase the Company's earnings potential, and what we believe to be sustainably strong fundamental conditions in the charter market, the market valuation of our common shares remains extremely low. Specifically, we reported net income attributable to common stockholders of US$10.4 million during the third quarter alone, which, if annualized and compared to our current equity market capitalization, would represent a price-to-earnings ratio of approximately 0.35x. In addition, the free cash balance at the end of the third quarter was approximately US$26 million representing approximately 1.78x our current market capitalization, which is only about 10% of our current estimated net asset value.”
How can it be that the stock is at 3 instead of 30? What is the reason?
Another 8-10 million dollars addition to the annual profit.
These companies have never had an earnings multiple of 0.3
This company has never had a strong cash flow that increases book value quickly.
You have to get used to it, it's not what it used to be. I see a price of at least $15.
The stock is cheap but R/S is on the way, PSHG is much cheaper and R/S brought down the stock, without economic sense, strongly. Maybe you should wait and invest after the reverse split
With 10 tankers and at the current transportation price, they will reach a profit of 70-80 million dollars. Think what dividends will be distributed on the basis of 50 percent of the profit for a company with a market value of only 14 million. ! You should buy and never sell with the conditions remaining as they are.
The Company expects to finance the aforementioned acquisition with cash proceeds from the previously announced sale of the Company’s oldest vessel, M/T P. Fos, and the incurrence of debt through a new senior secured facility that it anticipates it will enter into prior to the delivery of the vessel.
Not only in IMPP there is a deep discount, in the sister company PSHG the discount is much bigger. Check it out and you won't believe it.The quarterly profit is almost like the market value and the asset value is 10 times the market value.
What a once in a lifetime opportunity! Continues to buy, there is no more fear of exiting the main stock exchange.
In accordance with our dividend policy, and taking into account the above-listed factors, we expect to pay dividends only if during the preceding quarter Quarterly Cash Flow is positive and Quarter-End Excess Cash is also positive. As a general guideline, the amount of any such dividends is expected to be based on a pay-out ratio of the lower of i) Quarterly Cash Flow; and ii) Quarter-End Excess Cash. So long as our end of quarter outstanding debt exceeds our equity market capitalization our pay-out ratio is expected to be 50%. We will consider increasing the pay-out ratio gradually up to a maximum level of 90% that we may achieve when our end of quarter outstanding debt is less than 10% of our equity market capitalization. Quarter-End Excess Cash is defined as actual end of quarter Cash and Cash Equivalents over our Minimum Cash Threshold. Minimum Cash Threshold is defined as the sum of minimum liquidity pursuant to our loan agreements and $1.5 million per vessel. Our bank facilities currently require us to maintain minimum liquidity of $5.0 million.
The dividends are on the way
Our basic earnings per share for the quarter annualized and compared to our current share price represent a price to earnings ratio of approximately 0.3.
I bought earlier, the report is very good, the stock is going down because there is an update to the shelf prospectus, but there is really no issue. I also bought PSHG which is much cheaper.
I bought earlier, the report is very good, the stock is going down because there is an update to the shelf prospectus, but there is really no issue. I also bought PSHG which is much cheaper.
We got a big hint from IMPP's quarterly report about the next PSHG report.
Common Stock Equity -5,644
BCDO has negative capital
I added more shares, on Monday a similar company IMPP will publish a good report and this will be a clue to what will happen in PSHG.IMPP with 10 ships trades at a value of 70 million and PSHG with a larger quarterly profit and 8 ships trades at only 16 million.
We believe our common shares are significantly undervalued, as our current market capitalization represents about 10% of our estimated net asset value.”
WOW
You can't compare the quantities! At PSHG there is almost no effect on the profit and at TOPS there is.!
Now is the time, before the dividend and at a price close to 9
Look at the reverse split in TOPS and you will see that it is good for stocks.
TOPS's preferred shares don't bother you? I prefer PSHG
TOPS's preferred shares don't bother you? I prefer PSHG
I refer only to economic value, according to P/E P/B the stock is worth $4-5 minimum.
4-5 $ STOCK
According to the DD I made , PSHG with S/H equity of $2 per share and the expected Q3 profit will be higher than Q2 thanks to the increase in oil transportation prices and the purchase of the sixth tanker. In the fourth quarter, the seventh tanker will be put into operation, so further revenue growth is expected. The company has amazing data that will be revealed after Q3 is released.
TOPS also seems interesting for the same reasons.
Very nice