News Focus
News Focus
icon url

AugustaFriends

07/22/11 12:06 AM

#139001 RE: 3xBuBu #138998

GASS - Our most recent article on Stealth Gas Inc. (GASS) illustrated how the company was undervalued on a net asset value basis. Throughout the economic crisis, the fundamentals of not only Stealth Gas but also the Liquefied Petroleum Gas (LPG) Handysize shipping sector (3,000-8,000 cubic meters (cbm) vessels) remained favorable and should continue to strengthen. With a 13.5 percent market share and an average vessel age of 10.9 years for its LPG carriers (the youngest age in the Handysize segment for a fleet this size), we believe Stealth Gas will profit considerably from anticipated rising charter rates.

http://seekingalpha.com/article/280113-stealth-gas-an-unnoticed-market-leader?source=yahoo