Replies to post #312 on Seanergy Maritime Holdings Corp. (SHIP)

[investorwisdom]

the only problem i see with that rationalization is that SHIP does dry-bulk with Africa, they don't capitalize on the China trade, also the dry-bulk fleet is expanding at the fastest rate in history, tonnage doubling, and also demand from China is down and expected to stay down. So rates are expected to stay low because a new capesize ship hits the water every other day this year and next while the demand from China is staying low. So if you need your goods shipped, who would you use a old inefficient boat that will make the trip take a couple extra days, or a brand new ship, faster more efficient for the same price? were talking simple economics here.

[warrenbuffetjr]

ALL ABOARD!!!!!!!

I think we are going to get an end of month PR (last was on the 30th). SHIP is sitting undervalued and I am a value investor.

Good, we got the PR I was expecting in that last post. I like where this is heading or I wouldn't have bought any! I like companies I can understand, this one is a no brainer! I know that's not so elegant but you know what I mean.

Now to the value! In aggregate, this company has solid earnings (not that it matters) and the management is superior---which does matter. Clean, operational ships will bring in money regardless. The rise in international demand is going to exceed even the most conservative estimates. I would like them to do more work with China because that is where the dollar lies (actually the yen-but who cares--- it's all CASH!).

It's somewhat humorous,but whenever I buy a position in a company the price rallys BIG TIME so that's just as good a reason as any to buy it! You know I hate technology, and this business model is about as clear and concise as it gets folks.

Conservatively speaking, look for this shining jewel to hit 3.12 / sh over the next three months. That's a nice return on any investment.

Happy Trading as always...

SHIP has earned my "Money Tree" rating!


HERETOFORE is my personal opinion-nothing more.