Box Ships Inc (TEUFF)

[ivfk]

Compare two Greek Container Shipping companies: Box Ship vs Dianna Containership and tell me what is the better value?

BOX SHIP (TEUFF)

Industry: Container Shipping
Estimated Market Cap: 1.39M
# of Ships in Fleet: 6
Estimated Debt: 100M
Today's Price" $0.015
Outstanding Shares: 93M


DIANNA CONTAINERSHIP (DCIX)

Industry: Container Shipping
Estimated Market Cap: 46.2M
# of Ships in Fleet: 12
Estimated Debt: 191M
Today's Price" $5.25
Outstanding Shares: 9.36M


Question: Why is Dianna Shipping trading at 33 times the value of Box Ship?

Both are scrapping older ships, they cash holdings are similar, both are working with the banks on their debt forgiveness. It seems that DCIX is now where Box Ship was a years ago.