Excel Maritime Carriers Ltd (NYSE:EXM)

Profitable shipping company poised for growth as the economy improves. Shipping companies have dropped in value and should improve dramatically as the market improves.

it is on the way up and the rest is going down

Shipping services are increasing. Company should do well.

This stock is set to rise and keep going with the supply and demand from consumers for raw materials and at the price we export our own raw materials is something to be looked at. We have created a demand for inports and it will keep this stock going higher and higher.

4-16-2008 Excel Marritime Carriers
Large drybulk shipper with out the big price tag. Lot's of room for growth

This is the perfect storm for this stock. I believe it has bottomed out and once the markets regain composure, this stock will soar. A high quality shipping company with a good management team, low P/E, and a growing demand for materials, especially in countries like everyone's favorite, China make this an attractive buy and hold.

Quality shipping company!! Perfect timing to buy .

The merge with Quintana will diversify Excel's exposure. Management said it is also looking for more consolidation. This means more predictable earnings, better diversification, larger fleet, larger client base, etc. Low P/E, sector unjustly out of favor, decent dividend. The market will catch on soon.

Looks like it's bottomed.

This is ready

play on emerging markets demand for materials

i like it

From the AP -----

Jefferies analyst Douglas J. Mavrinac held his "Buy" rating on the stock. He said the company was able to triple its earnings from the year before because of soaring charter rates and better usage levels.

Mavrinac said the company should continue to perform well as the drybulk market strengthens further this year and Excel completes its acquisition of fellow drybulk shipper Quintana Maritime Ltd. The deal is expected to close in April.

Cantor Fitzgerald analyst Natasha Boyden also held her "Buy" rating.

excel maritime is a quality greek shipping company that bought another great young shipper in quintana marine ticker symbol QMAR. This stock is poised for a return to great hieghts after it absords thee aquisition debt from the merger.

Excel Maritime! I Love U!

Great earnings report today. Only trading at 6x earnings. Real earnings are driving these drybulk carriers - not rampant speculation (i.e. oil/gold). 6x is very very reasonable for this industry.. in fact.. i think 15-20x is reasonable given its growth.

among all the shipping companies, this one is probably the most undervalue. The only thing that is still not sure is about how many shares they are going to issue to acquire QMAR. I think all the investors are just afraid the diluted shares coming into the market. However, this is just way undervalue even they double their outstanding shares.

This company has experienced a "pull-back" in the last few months, but has great numbers and is poised for an enormous boom. I already own this one, so am (in full disclosure) "biased", but believe it will DOUBLE in value over this summer ('08) or next at the latest. SLEEPER.

Dry bulk transportation will continue to be strong in 08 on robust demand from emerging markets, and tonnage miles will be lengthened as a whole. Furthermore, will be a boost if the buyout of QMAR which focuses on contracted rate, is successful.