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Re: None

Saturday, 05/05/2012 4:28:33 PM

Saturday, May 05, 2012 4:28:33 PM

Post# of 1210
Here are the 3 bulkers that I recently bought or added to

GLBS Globus Maritime is one the most fundamentally sound shippers. Price at $5.10 with BV 2.5x that. Analyst target of $8 makes the gap one of the biggest of the shippers. Super low float.
PE 6.5
EPS $.79
Divy $.64 for 12.8% yield
Book $13.81
Cash $.92/share
Current Ratio 1.29
OS 10mm
Float 4mm

NM Navios Maritime Holdings
PE 9.8
EPS $.37
Divy $.24 for 6.5% yield
Book $10.47
Cash $1.69/share
Current Ratio 1.47
OS 101mm
Float 77mm

Keep an eye on the chart

SBLK Star Bulk Carriers. Impairments taken in 4Q masked QQ financial improvements. The improving charter rates will propel this one into profitability and increased dividend. Company currently buying back and retiring shares
Divy 6.6% yield
Book $5
Float 65mm

Let's see if it hold this support. A good financial report will pull this one up off bottom