Eagle Bulk Shipping, Inc. (NASDAQ:EGLE)
The Company is engaged in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.
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Good organization with forward looking Exec.
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with the every incresing global economy, the egle business platform is solid. this stock when it hits $30 will still have over a 6.6% return
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Dry bulk shipping.
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Dry bulk shipper...good play on China/India growth...nice dividend....will need to work thru share offering in the near term....is near 52 week high however
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Yield Appeal
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Here's a company that's not only growing capacity but finding a market for that growth. Check the newswires and you'll find them adding ships faster than Oprah adds pounds, yet their 98% booked for all of '07 and already over 50% booked for '08. Even with the latest stock offering, if they continue at their present pace, EPS projections indicate an exponential growth patter well into '09.
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shippin' says it all. gotta move the grain/corn--ethanol man.
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benefits from favorable economic climate
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Dry bulk shipper doing well as a result of decent global economic growth, and squeezed supply of dry bulk ships. On top of that, there's a juicy 10% dividend.
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Just a great dry shipper
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great yield...fine play on globalization.
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Great dividend, 52 week high, Low pe, Adding more to my position!
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have owned for only a short time but seems stable. nice dividend
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Shipping is risky business, but among competitors, Eagle has some good things going for it. First, their fleet of Handymax and Supramax vessels is relatively new. Also, additional ships are on order. Financial advisor and underwriter is the Royal Bank of Scotland.
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that is the one to own!
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Take a look at its dividend and its contracts
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you got to eat
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