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Any else see this news about the Russell 2k?
EGLE IS AN ADD!!
So..company raises 200M, has over 100 vessels and everyone's quiet....?
Frankenstein was not wrtitten in a month..
Just wait...
Poor Performance is pathetic. This is the cheapest name in Dry Bulk
EGLE secures 9 new assets and there aren't any buyers?!?!
Seems like the easiest money in Dry Bulk at the moment
.90 P/NAV
#SmartMoney247
What's next for JF?
Here it comes $300M shelf filing
Forgotten step child
Earnings.....
What's going on down 15%
PUNT THIS POS! EASY MONEY @ 2.10
This is the last chance for Dry Bulk investors to get a deal at par value.
All other names are trading at a premium to NAV
Buy @ 2.20 ; Sell @ 3.20 in a month. Easy Money
SmartMoney247
Following two private placements (USD 88m/100m), Eagle Bulk (EGLE) has not only secured a prolonged runway, but also positioned itself perfectly to prowl on 2nd hand tonnage at close to all time low values. The company trades cheap on steel (1.3x vs. US peers at 1.9x), whilst EGLE’s EV is pricing in USD 12m per Supramax (2008 built avg.), well below 10y avg. of USD 19m for a 10y old Supra. Assigning same valuation methodology as for the rest of the dry bulk space (30% increase in asset values next two
years), expectations of USD 200m of vessels acquisitions and a 10% premium ascribed to EGLE’s above peers financials coupled with an owner/ industry model with low G&A, we initiative coverage on the fully recharged EGLE with a Buy recommendation and USD 6.7/share TP.
What's going on here? Is the stock to pricey?
I'm thinking this might be a sleeper..
Now is the time to take pieces of these names. Stocks like Eagle, Genco, and even some foreign names are great bets at this point in the cycle.
Smart Money 24/7
30M shares came off restriction. Now is the time to buy
What happened here? New issuance spin-off from IEP?
They are buyers
She's dropping like 4th period French...BUY while you can
Good Article..Mgmt @ EGLE is 10x that of DRYS
Invest in horses not the race
reverse split
SFL and FRO are owned by the same holding company...
I'm not the brightest in this sector either. I have spoken to some who are, they say the stock is cheapest after Chinese New Year. Historically the sector very seasonal.
I'd say wait for the first or second week in Feb then load up and hold for a while. This company has good people running it. Hope this helps a little.
SmartMoney
If I had the cash I'd buy this group. The company clearly had loyal backers and the longest runway in Dry Bulk. Trying to take a large position after Chinese New Year
Smart Money
Smart money
Smart Money
What's going on here...
Is this thing going to zero?? bought some shares at 3...death by papercuts
NOT smartmoney
PE guys dilute themselves, insiders were the ones who raised the money.
Buy the common these guys, their new CEO, and 70-something bulkers are in for the long haul....pun intended. Smart Money
More oil in the market, more oil to ship?
3q16 call today company claims to have runway thru 2q18 at current cash levels...All in cash b/e of 12.5k/day makes this runway seem highly unlikely...Mgmt team unwilling to raise equity, avoiding dilution.
This group has skills, smart money
Agree. Another name is D/S Norden. Thoughts on them thru the downturn?
what's the borrow
SHORTING, smart money
Their raise was week last month. Hardly any new investor capital.
PE firms getting bashed will keep them afloat....but nothing too exciting