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A maritime enterprise and operates a fleet of owned Ultra Handymax and Panamax vessels and a fleet of time chartered Panamax and Ultra Handymax vessels that are employed to provide transportation of bulk commodities.
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reinaree (33.87) Submitted: 5/18/07 7:33 PM : Start Price: $8.60 NM Score: -38.11
At the last CC, Angeliki Frangou stated that Navious maritime is focused on consolidation and acquisition. Works for me and as far as dry bulk carriers go, this is the best sleeper stock for long-term performance and gains, period. Anyone who thinks otherwise is sniffing glue. Everything from management, numbers and secured charters….A+++++ Easy long-term pick.
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waw9339 (< 20) Submitted: 5/30/07 1:45 PM
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I could not agree with you more. I put NM in my CAPS portfolio in Feb. 2007 and a short time later put it in my real portfolio. I could not be happier. Their ships are relatively new with excellent daily charges. Given that Frangou owns a big chunk of the company (about 30%), I expect she will continue to give us great returns.
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HellenicMaritime (< 20) Submitted: 8/18/07 5:30 AM
Agree.Kerdos.Com
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