Seaspan Corp. (SSW)

[saturn_five]

SSW continues to make good progress on cleaning up their balance sheet. Leveraging can be a dangerous game, but mgmt. seems to be making a lot of smart moves.
Example, from my notes:
Re; Decreasing leverage/debt ratio, etc:
Q2 2018: 5.7X
Q4 2018: 5.1X
SSW is on track to reduce net debt to 3.9 X (or lower), sometime in 2020.
All accomplished while paying out good cash dividend of ~ 5/6 %.
Box Shipping sector is consolidating, and SSW is dominating .... even with global economy slowing, growth in ASIA (including India) is strong.
SSW is also exploring many interesting global M&A opportunities.
Hopefully, the climb to $9/$10/$11 continues !
$$$ glta