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Executive summary: Scrapping of the Sardonyx is in-line with strategy to transition to Post-Panamax vessels. Q4-13 results showed promising efficiency on cash breakeven levels. Underlying charter rates continue container home designs to flatline, which also provide downward pressure on vessel valuations. Declining NAV and flatlining charter container home designs rates result in price target container home designs reduction to $4.52 (from $4.72).
After being bearish on Diana Containerships ( DCIX ) for most of 2013, I recommended a buy on December 16 , at a price of $3.52 with the thesis that the company was mostly bear-priced container home designs and had a 'fair valuation' price target of $5.17. On January 13, I updated my thesis to reflect some semi-bearish developments and set an updated price target at $4.72. The...
Only subscribers can access this article, which is part of the PRO research library covering 3,741 different stocks. Growing numbers container home designs of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity container home designs research that is unavailable elsewhere, so they can:
We only use your contact details to reply to your request for more information. We do not sell the personal contact data you submit to anyone else.
Seeking Alpha PRO is a buy-side research platform designed to meet the needs of professional investors. container home designs Subscribers get exclusive container home designs access to our extensive library of independent stock analysis, and early access to the best long and short ideas on Seeking Alpha. Learn more about PRO
Executive summary: Scrapping of the Sardonyx is in-line with strategy to transition to Post-Panamax vessels. Q4-13 results showed promising efficiency on cash breakeven levels. Underlying charter rates continue container home designs to flatline, which also provide downward pressure on vessel valuations. Declining NAV and flatlining charter container home designs rates result in price target container home designs reduction to $4.52 (from $4.72).
After being bearish on Diana Containerships ( DCIX ) for most of 2013, I recommended a buy on December 16 , at a price of $3.52 with the thesis that the company was mostly bear-priced container home designs and had a 'fair valuation' price target of $5.17. On January 13, I updated my thesis to reflect some semi-bearish developments and set an updated price target at $4.72. The...
Only subscribers can access this article, which is part of the PRO research library covering 3,741 different stocks. Growing numbers container home designs of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity container home designs research that is unavailable elsewhere, so they can:
We only use your contact details to reply to your request for more information. We do not sell the personal contact data you submit to anyone else.
Seeking Alpha PRO is a buy-side research platform designed to meet the needs of professional investors. container home designs Subscribers get exclusive container home designs access to our extensive library of independent stock analysis, and early access to the best long and short ideas on Seeking Alpha. Learn more about PRO
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