Diana Containerships Inc. (NASDAQ:DCIX)

CAPS Rating: 4 out of 5

Results 1 - 18 of 18

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Member Avatar OklaBoston (68.73) Submitted: 7/14/2014 5:46:49 PM : Outperform Start Price: $2.40 DCIX Score: +1.52

A combination of the strength of the All Star support here and the stock's single digit P/FCF.

Techs not good at the moment but should improve soon.

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Member Avatar Teacherman1 (57.92) Submitted: 6/18/2014 1:28:53 PM : Outperform Start Price: $2.51 DCIX Score: -4.48

Closed and re-opened to more accurately reflect my actual starting price, which is currently $2.56, but I may add to my position on this "down" price.

The price today is right at it's 52 week low, and yields 8%+, even with the current $0.05 quarterly dividend.

They are in much better shape than the current trading activity would indicate.

Their debt to worth ratio is right at 1 to 1, and they are still marginally profitable, (and more so if you take out the non-cash depreciation expense), even without adding any new "deals", and have sufficient cash to do new "deals" if they can find them.

Just over a third of their long term debt is held by DSX, which owns just under 10% of the DCIX stock.

I noticed the Chinese Premier is set to visit with the Greek leaders to talk about doing "privatization" deals on some of the Greek ports, and has invested over $300M already to upgrade the one they have under long term lease.

The Chinese are interested in helping their ship building industry, through favorable financing and utilization of financed ships.

I think this is a good buy in price for those who are looking, and other than short term "day trading" drops, has minimal downside from here.

Do your own DD, but for those who are looking for opportunities for share price appreciation while getting a good dividend, this is worth at least a small position.

JMO and worth exactly what I am charging for it.

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Member Avatar ImportHater (70.99) Submitted: 5/5/2014 12:29:45 PM : Outperform Start Price: $3.66 DCIX Score: -38.32

I am long DCIX. Ive watched others sail into the sunset but this one has continued to set sail. Several contracts will have to renegotiated for long term charters, but I do see the company thriving in the long term. Eventhough they slashed the dividend it is still over 10%. I believe the stock will rebound in the next few months.

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Member Avatar JackDanny (92.58) Submitted: 2/21/2014 11:33:21 AM : Outperform Start Price: $3.93 DCIX Score: -44.99

Reliable water transport will always be necessary. DCIX does exactly this.
Bottomed stock & handsome dividend.

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Member Avatar Microcap (< 20) Submitted: 12/23/2013 1:02:04 PM : Outperform Start Price: $3.63 DCIX Score: -41.13

Zack's #1 Rank addition for Dec 23.

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Member Avatar irish854 (58.75) Submitted: 11/30/2013 11:08:45 PM : Outperform Start Price: $3.66 DCIX Score: -42.50

Economy growing and transport will too.

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Member Avatar PsychoEmperor (37.38) Submitted: 11/25/2013 2:22:43 PM : Outperform Start Price: $3.81 DCIX Score: -45.39

I'm in this stock for the fat dividend payment. The stock price is really irrelvant. You'll make all your money back in 5 years from dividends alone.

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Member Avatar Walpurgisnacht (52.25) Submitted: 10/11/2013 12:42:52 PM : Outperform Start Price: $3.59 DCIX Score: -48.28

Value Play - Tangible Book of $189 and new debt of $54 as of 6/30. Adequate (not strong) considering the industry stress. Dividends indicate management is comfortable with the situation. Opportunistic way to exploit dry bulk shipping industry cycles.

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Member Avatar Happyman4377 (24.85) Submitted: 11/2/2012 10:28:19 PM : Outperform Start Price: $4.64 DCIX Score: -87.41

Under valued sector, extremely high dividend yield

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Member Avatar DCvsRJ (75.45) Submitted: 8/31/2012 10:02:04 AM : Outperform Start Price: $4.06 DCIX Score: -80.20

RJ pick

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Member Avatar FoxForce5contest (36.75) Submitted: 8/18/2012 9:10:03 PM : Outperform Start Price: $4.52 DCIX Score: -85.36

on 8-1812 Teacherman1 picked DCIX

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Member Avatar kpctoppbs (59.69) Submitted: 6/15/2012 5:43:25 PM : Underperform Start Price: $5.45 DCIX Score: +103.39

greek crisis world recession

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Member Avatar NJ7 (72.54) Submitted: 2/23/2012 10:58:48 PM : Outperform Start Price: $4.72 DCIX Score: -92.88

Teacherman1 has been strongly supporting this company for a long time. As he has said, it has a great balance sheet. The profit margin is over 10% and there is a robust $0.15 quarterly dividend. The management is shared with Diana Shipping, another company I'm bullish on, and management would not likely have spun-off an unsuccessful company. I like the acquisitions of new containerships and the prospects long term. What motivated me to put real money into this company is their continuing acquisition of new vessels, which will be essential long term. Unfortunately, the market missed the memo today that DCIX made $1.3 M in income over a $15.6 thousand lost last fourth quarter and made $3.6 M in income this year, compared to -$2.0 M two years ago. Revenue year to year went from $5.7M to $27M. The future looks bright if Diana Containerships can do this in a still slow/recovering global economy and shipping market.

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Member Avatar blackdiamond44 (< 20) Submitted: 2/20/2012 12:06:05 PM : Outperform Start Price: $4.78 DCIX Score: -94.40

I think this stock may be under the radar.

They were a spinoff company to begin with conservative leadership.

Currently, dividend was .03 then .15 per share. I think the .15 is more reflective of future dividends rates.

It will be interesting to see what they report this week in earnings. Last earnings report was with 5 ships in inventory with high usage. Recently the company has purchased 4 additional ships with long term lease agreements (2 to 3 years) already in place around $25,000 a day. Should boost revenue significantly next few quarters, but will wait and see on profit margin.

They were in cash good position to buy profitable ships from struggling companies.

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Member Avatar PWorm (31.17) Submitted: 8/5/2011 1:08:59 PM : Outperform Start Price: $3.47 DCIX Score: -93.49

Trading far below book value. Giving a dividend. This one is a no-brainer.

P-Worm

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Member Avatar pbk100 (29.66) Submitted: 7/5/2011 2:32:46 PM : Outperform Start Price: $8.01 DCIX Score: -121.42

Could be time to put some real money in - DCIX is now selling below liquidation value (assuming a 50% markdown from balance statement values on ships), despite turning a profit last quarter. I suspect this stock has been suffering from a) being dumped by individual investors who got it in the spin-off and b) being too small for institutions to bother with.

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Member Avatar anvilofthegods (45.92) Submitted: 2/10/2011 7:23:29 PM : Outperform Start Price: $8.27 DCIX Score: -120.77

Containerships are steaming at slow speed to offset higher bunker prices. Yet, world ocean trade is booming again. This is a good place to start testing the charter markets for container ships.

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Member Avatar cibient (21.34) Submitted: 2/10/2011 3:06:17 PM : Outperform Start Price: $8.31 DCIX Score: -120.69

Owned shares of DSX - will track the spinoff now as well for this conservatively managed shipper.

Results 1 - 18 of 18

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