InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,196.83
(
0.31%
)
US TECH 100
17,657.99
(
0.27%
)
Dow Jones
38,922.54
(
0.18%
)
Brent Oil
83.57
(
0.11%
)
Bitcoin
63,497.99
(
0.52%
)
Post# of 58072
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Net-Man

Send PM Follow Ignore
Followers 39
Posts 5453
Boards Moderated 0
Alias Born 06/10/2004

Net-Man

Re: None

Thursday, 01/04/2018 10:58:40 AM

Thursday, January 04, 2018 10:58:40 AM

Post# of 58072
Keep in mind DRYS is still trading at roughly half ship book value. Earnings will no doubt be significantly better in 2018 and provide a basis for a pe multiple. Both value and earnings will be factors in driving the pps up from here. WBTS and sulfur regs will take more ships out of the fleet given the cost. So over the next 12-18 months spot rates should move up accordingly and substantially improve earnings and ship values. My guess is DRYS and other shippers are on a good track at this point.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up