Thursday, April 12, 2018 9:09:53 PM
P/E is going to crumble fast as the charters are wound down.
Sure, most or all of the debt will be paid off by the charters but at the end DAC will be left with a bunch of worthless boats that don't make money. And you'll have tied up your equity that entire time.
Recent DAC News
- UPDATE – Capital Link Shipping Sectors Webinar Series - December 2024 - Dry Bulk, Container, Product Tanker, Crude Tanker, LPG, LNG Shipping • GlobeNewswire Inc. • 11/26/2024 09:33:04 PM
- Capital Link Shipping Sectors Webinar Series - December 2024 - Dry Bulk, Container, Product Tanker, Crude Tanker, LPG, LNG Shipping • GlobeNewswire Inc. • 11/26/2024 08:19:24 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/12/2024 09:31:56 PM
- Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2024 • PR Newswire (US) • 11/12/2024 12:30:00 PM
- Danaos Corporation Announces Date for the Release of Third Quarter 2024 Results, Conference Call and Webcast • PR Newswire (US) • 10/31/2024 08:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/06/2024 08:33:00 PM
- Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2024 • PR Newswire (US) • 08/05/2024 08:30:00 PM
- Danaos Corporation Announces Date for the Release of Second Quarter 2024 Results, Conference Call and Webcast • PR Newswire (US) • 07/29/2024 08:30:00 PM
- Danaos Corporation Announces Additions of $616 million to its Contracted Revenue Backlog and the Addition of Five Containership Vessels to its Newbuildings Orderbook • Business Wire • 07/08/2024 06:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 08:50:44 PM
- U.S. Futures Present Mixed Pre-Market Performance, Oil Prices Surge • IH Market News • 05/28/2024 11:31:04 AM
- Danaos Corporation Reports First Quarter Results for Period Ended March 31, 2024 • Business Wire • 05/28/2024 11:30:00 AM
- Danaos Corporation Announces Date for the Release of First Quarter 2024 Results, Conference Call and Webcast • Business Wire • 05/10/2024 11:46:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 09:15:13 PM
- Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2023 • Business Wire • 03/04/2024 12:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 09:52:07 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/23/2024 09:09:31 PM
- Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2023 • Business Wire • 02/13/2024 09:30:00 PM
- Danaos Corporation Announces Date for the Release of Fourth Quarter 2023 Results, Conference Call and Webcast • GlobeNewswire Inc. • 02/08/2024 12:30:00 PM
Consumer Automotive Finance, Inc. Announces Cancellation of 200 Million Common Shares and Updates on Name and Ticker Symbol Change • CAFI • Dec 6, 2024 12:45 PM
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Kona Gold Beverage, Inc. Announces Strategic Reorganization and a Bold New Direction • KGKG • Dec 5, 2024 9:33 AM
Branded Legacy, Inc. Strengthens Biotech Leadership, Focuses on Expansion, and Advances Strategic Rebranding • BLEG • Dec 5, 2024 8:30 AM
Avant Technologies' Partner, Ainnova, Signs Pilot Program with Roche to Combat Diabetic Retinopathy • AVAI • Dec 4, 2024 8:00 AM