Euroseas Ltd (ESEA)

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ESEA doubled the daily rate of "Akinada Bridge" in compare to the 2Q19 report. That is a huge news.

"M/V “Akinada Bridge”, with capacity of about 5,600 teu and built in 2001, has entered into a charter contract of minimum duration of ten months and maximum duration of thirteen months at a daily rate of $16,500"

When i add all 14 feeder container ships with a double daily rate than can reach ESEA over 90 Mill $ in revenue in 2020 ( only 5 % growth anticipated in 2020). With only operating expenses of 7 Mill $ ESEA could reach over 10 Mill $ in profit.

http://www.harperpetersen.com/harpex/harpexRH.do?timePeriod=Years10&&dataType=Harpex&floatLeft=None&floatRight=None

HARPEX looks great!

I think that India and Africa will outperform in the next 5 years totally. China will grow with 5% with US protection.