Replies to post #277 on Seanergy Maritime Holdings Corp. (SHIP)

[Hedge Starz]

well i too believe this is undervalued. but the market did price in this ~0 earnings quarter. you can't use a 1EPS anymore.

What I REALLLYYYYYYY WANT TO KNOW IS what the profit margins are for MSC and what kind of cost minimization can we create by bringing this together. Clearly their EBITDA is good for us as is new ships equaling higher depreciation costs. (not exactly sure how ship depreciation works though)