Safe Bulkers (NYSE:SB)

valunvesthere (< 20) Submitted: 4/4/2010 9:34:38 PM : Start Price: $6.59 SB Score: -11.23

Betting on a global economic recovery within 2010. Demand for resources and energy will first feel the effect than manufacturing and construction.

LIST OF DRY BULK COMMODITIES:

*coal

*grain (wheat, maize, rice, barley, oats, rye, sorghum, soybeans, etc.)

*iron (ferrous & non-ferrous ores, ferroalloys, pig iron, scrap metal, pelletized taconite), etc.)

*bauxite

*wood chips

*cement

*chemicals (fertilizer, plastic granules & pellets, resin powder, synthetic fiber, etc.)

*dry edibles (for animals or humans: alfalfa pellets, citrus pellets, livestock feed, flour, peanuts, raw or refined sugar, seeds, starches, etc.)

*bulk minerals (sand & gravel, copper, limestone, salt, etc.)

mj1139 (54.61) Submitted: 1/19/2010 10:44:22 AM : Start Price: $7.21 SB Score: -23.30

SB has a very low P/ E ratio of 3.13, EPS of $ 2.83, pays out $ .60 / share dividend and appears to be growing. I've added 300 shares to my IRA in real money.

bitlizard (50.44) Submitted: 12/23/2009 1:16:41 PM : Start Price: $6.88 SB Score: -21.69

Betting that this company will see outsized results with any improvement in the economy.

dracko19 (91.43) Submitted: 9/24/2009 10:14:22 AM : Start Price: $6.62 SB Score: -24.31

Shipping will see explosive growth as economy recovers. Great div yield. Solid numbers. Solid cash position for future div gains. Stock Price depressed. Undervalued.

storming02 (95.00) Submitted: 9/16/2009 11:40:00 AM : Start Price: $6.97 SB Score: -29.43

WOW ,WOW AND ANOTHER WOW====

TOTAL CASH FLOW 25 MILLION===========

PROFIT MARGIN 79.47%====================

WHO HAS SEEN FORDWARD !!======

SAW WHAT NEEDED TO BE DONE!!! ==========

JEST DO WHAT THEY DO BEST AND GET IN SHAPE TO HAUL MORE================

THANKS "CEO" MR POLYS HAJIOANNOW==== FOR THE EXTRA SHIPING TONS.

HE DOES LISEN TO HIS EMPLOYES .

I GIVE THIS COMPANY A A+

jest storming

MajorMajor78 (51.52) Submitted: 8/3/2009 5:03:58 PM : Start Price: $6.83 SB Score: -35.88

I love the fact that this stock is still firmly in the green during this recession even though the EPS has shrunk a bit. So far the dividend looks sound (second quarter $.15 was confirmed today) and the company is moving forward with updating it's fleet. I own this stock.

ketukothari (< 20) Submitted: 4/15/2009 6:24:29 PM : Start Price: $3.04 SB Score: +62.32

India and China growth is more than 8% yoy and SB transport coal and iron ores in the asia region.
Safe Bulkers has very young fleet and lean operating cost. Safe Bulkers has edge in negotiating with banks due to high cash flow.

PicoTrader (< 20) Submitted: 1/15/2009 11:51:45 AM : Start Price: $4.85 SB Score: -26.16

seems like a good value play in the shipping sector as long as oil prices stay at around $50 and under and dividend not to shabby to keep worries under controll....

flybynite731 (< 20) Submitted: 12/2/2008 9:06:01 PM : Start Price: $3.03 SB Score: +56.02

long term contracts are the key

blackmink18 (< 20) Submitted: 10/8/2008 11:26:15 PM : Start Price: $4.54 SB Score: +9.72

Barges Barges Barges. How will you get your stuff?

emptynet (< 20) Submitted: 6/7/2008 8:40:20 PM : Start Price: $12.70 SB Score: -47.84

They are selling a minority interest in a successful family business. Can you blame them for keeping a majority interest, including control. The Greeks are to shipping like we are to baseball. We don't let the fans run the team. Worry more about the Baltic Dry Index and the number of new ships being produced. And don't forget the world demand for raw materials.

thestockstalker (< 20) Submitted: 6/6/2008 2:15:55 AM : Start Price: $12.90 SB Score: -46.26

Same market as DryShips (DRYS). Undervalued around $19 a share. Look for slow steady growth.

HidalgoTradingCo (30.56) Submitted: 6/5/2008 1:42:27 PM : Start Price: $12.90 SB Score: -46.40

New shipping stock with new ships and contracts already locked in. They are already planning expansion of fl;ett as well as setting up a nice dividend for share holders. Get in now before the secret is out on this beauty! No brainer given the commodity movements. Easy pick!

loststallion38 (60.90) Submitted: 6/3/2008 2:51:01 PM : Start Price: $12.89 SB Score: -48.14

This is a Qoute from smallcapinvestors.com:

(The company is owned by Vorini Holdings, an investment firm controlled by the Hajioannou family of Greece. Vorini sold all of the stock in this offering, and will still control more than 80%. The company itself did not get any of the proceeds. Nevertheless, Safe Bulkers has plans to expand its fleet to 19 ships in the next two years)

SB right now has 11 japan made ships average age 2.6 years old a nice young fleet with deposits and starting to build some of the other eight already. almost 70% of the revenues come from 3 companies Cargill, Bunge unlimited, Daiichi Chuo Kisen Kaisha. This both good and bad. Good strong customer base but would rock SB if one of them decided to move out. They do have long base contracts on some of there ships from 3 or 4 years out.
They intend a good strong dividend.
This is a long term buy which by all the data so far on their background will only get stronger in the next five years.