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Net-Man

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Net-Man

Re: jellis post# 137

Wednesday, 11/28/2018 6:43:22 AM

Wednesday, November 28, 2018 6:43:22 AM

Post# of 166
jelliis - the numbers appear to be good for NMM. If the containers are moved into the spinoff, the transaction should be net positive with the associated debt moved off NMM's books along with the sale actually being profitable. There is a large amount of debt coming due in 2020, which is a concern. Looking for that to be restructured. All in I don't see bankruptcy in the cards.

My guess is the pps is going down due to the risks associated with NM, which is a mess.
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  • 1D
  • 1M
  • 3M
  • 6M
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  • 5Y
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