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Net-Man

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Net-Man

Re: Emptyhead post# 52275

Thursday, 09/07/2017 9:31:42 AM

Thursday, September 07, 2017 9:31:42 AM

Post# of 58072
EH - steady and known revenues. Yep. You bet. The 4 VLGC's will provide $42+ million in annual revenues. That's roughly 55% of the total revenue number GE has been using. The ebitda number could make DRYS worth $1.5 billion in market value and that would exclude any revenues from all of the other ships.

Flipping seems to work for you, but I am looking at the longer-term picture and it is strikingly different than DRYS past several years.
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