Diana Containerships Inc. (NASDAQ:DCIX)

Teacherman1 (49.23) Submitted: 5/31/2013 11:38:39 AM : Start Price: $5.59 DCIX Score: -9.78

Sold this 2 or 3 weeks ago when it was unclear how they were going to deal with the "roll off" of the higher rate charters.

Now that I have a better understanding of what they are likely to be doing going forward, I decided to get back in.

Bought some just before the "ex-dividend" date to get the nice return, and will look for opportunities to add to my position as I watch to see how they do going forward.

Will post more detailed information of what their "game plan" seems to be when I have more time, but still think it is a good investment for the longer term.

JMO and worth exactly what I am charging for it.

CheeseNMac (46.78) Submitted: 4/26/2013 12:27:25 AM : Start Price: $5.36 DCIX Score: -10.66

The Bad: Don't expect the dividend yield to last. A $1.20 dividend is not sustainable with earnings of $0.22. Additionally, at least one recent article anticipates decline in demand for container ships in the near future.

The Good: The quick and current ratios look good. The stock is trading below book. Debt does not exceed equity. ~20% dividend yield.

panda72 (99.36) Submitted: 4/22/2013 11:39:30 PM : Start Price: $5.27 DCIX Score: -9.88

Priced below book. 23% yield is unsustainable but even after a 2/3 cut it will be a nice yield.

Ikarruss (30.42) Submitted: 3/8/2013 1:02:51 PM : Start Price: $5.25 DCIX Score: -10.75

This is a weird situation, this is a simbiaotic stiuation with Diana, they seem to be keeping this dividend. This is just to good to pas up.

Staka (98.33) Submitted: 3/3/2013 9:29:15 AM : Start Price: $6.10 DCIX Score: -26.62

Positive:
- Dividend
- Below tangible book value

Negative:
- Slowing business
- Cyclical business
- Q4 was a big miss

Category: YEOTn

Happyman4377 (44.54) Submitted: 11/2/2012 10:28:19 PM : Start Price: $5.27 DCIX Score: -21.60

Under valued sector, extremely high dividend yield

TruffelPig (< 20) Submitted: 9/18/2012 3:46:22 PM : Start Price: $5.02 DCIX Score: -12.39

This is an overlooked stock with a 20% dividend. I am a bit pessimistic as to the future of the dividend though, but even 10% is great. P/E is pretty good with <20. Diana is a strong shipping company and will survive.

DCvsRJ (60.70) Submitted: 8/31/2012 10:02:04 AM : Start Price: $4.61 DCIX Score: -8.22

RJ pick

FoxForce5contest (31.28) Submitted: 8/18/2012 9:10:03 PM : Start Price: $5.13 DCIX Score: -18.50

on 8-1812 Teacherman1 picked DCIX

kpctoppbs (58.14) Submitted: 6/15/2012 5:43:25 PM : Start Price: $6.19 DCIX Score: +42.60

greek crisis world recession

NJ7 (25.33) Submitted: 2/23/2012 10:58:48 PM : Start Price: $5.37 DCIX Score: -27.10

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.

blackdiamond44 (< 20) Submitted: 2/20/2012 12:06:05 PM : Start Price: $5.43 DCIX Score: -28.95

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.

PWorm (54.75) Submitted: 8/5/2011 1:08:59 PM : Start Price: $3.94 DCIX Score: -9.35

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

P-Worm

pbk100 (29.44) Submitted: 7/5/2011 2:32:46 PM : Start Price: $9.10 DCIX Score: -71.73

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.

anvilofthegods (45.60) Submitted: 2/10/2011 7:23:29 PM : Start Price: $9.40 DCIX Score: -72.11

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.