Replies to post #11196 on DryShips Inc (fka DRYS)

[palmbeachkelly]

Ne-Man :thanks for the update . It does not seem possible that GE could file bankruptcy so I guess my question if he liquidates - does he not have to buy our shares ? GE can not just steal the cash and 40% of the ORIG shares that DRYS owns - Can he ? I am really clueless obviously when it comes to the laws governing these corporations but laws must be set up to protect the shareholders from just out right theft .. Maybe that is pie in the sky thinking but when there is real net worth to a company ; one does not conclude that an obvious subterfuge would be allowed.
I only have 40,000 shares and I am late to the disaster party but I do like to travel so I hope GE is on the up and up for his peace of mind ...
mahalo nui loa ,
palmbeach ceallaigh

either way I am looking forward to having supper with you and your girlfriend /wife in NYC in JAN/FEB 2016 .

[palmbeachkelly]

Net-Man : An article proclaiming DryShips rating reaffirmed by Deutsche Bank.



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DryShips Stock Rating Reaffirmed by Deutsche Bank (DRYS)

Posted on September 15, 2015 by Stefani Robinson in Analyst Articles - US, Investing











DryShips logoDryShips (NASDAQ:DRYS)‘s stock had its “hold” rating reaffirmed by stock analysts at Deutsche Bank in a report released on Friday, AnalystRatings.Net reports. They presently have a $0.37 target price on the stock, down from their previous target price of $0.50. Deutsche Bank’s target price points to a potential upside of 62.35% from the stock’s previous close.

Separately, Zacks upgraded DryShips from a “sell” rating to a “hold” rating in a research note on Monday, September 7th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. DryShips has an average rating of “Hold” and a consensus target price of $1.14.

DryShips (NASDAQ:DRYS) traded down 3.028% on Friday, reaching $0.221. The company’s stock had a trading volume of 2,355,238 shares. The company’s market cap is $148.53 million. The company has a 50-day moving average price of $0.42 and a 200 day moving average price of $0.66. DryShips has a 12 month low of $0.21 and a 12 month high of $3.10.




DryShips (NASDAQ:DRYS) last posted its earnings results on Thursday, August 6th. The company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. The business had revenue of $403.20 million for the quarter, compared to analyst estimates of $511.89 million. During the same period in the previous year, the firm posted ($0.01) earnings per share. The firm’s revenue was down 23.6% compared to the same quarter last year. On average, equities research analysts anticipate that DryShips will post $0.23 EPS for the current fiscal year.

DryShips Inc. is a holding company. The Company is a provider of ocean transportation services for drybulk and petroleum cargoes through its ownership and operation of drybulk carrier vessels and oil tankers and offshore drilling services through the ownership and operation by its majority-owned subsidiary, Ocean Rig UDW, of deepwater drilling units. It owns a fleet of approximately 39 drybulk carriers, comprising 13 Capesize, 24 Panamax and two Supramax vessels, 10 tankers, comprising four Suezmax and six Aframax vessels and 10 drilling units, comprising two ultra-deepwater semisubmersible offshore drilling rigs, its sixth generation ultra-deepwater drillships and four seventh generation ultra-deepwater drillships. Its drybulk carriers, drilling units and oil tankers operate around the world. The Company’s segments include Drybulk, Tanker and Drilling.



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