Seanergy Maritime (NASDAQ:SHIP)

CAPS Rating: 3 out of 5

Results 1 - 5 of 5

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Member Avatar 1Landmark (< 20) Submitted: 1/12/2011 12:23:48 AM : Outperform Start Price: $14.25 SHIP Score: -136.32

Waiting for an uptick... it may be a little early but don't want to miss the boat

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Member Avatar APPLERD (32.16) Submitted: 11/11/2010 10:52:00 AM : Outperform Start Price: $17.85 SHIP Score: -146.80

P/B, Interview with CEO at website, Growth Potential

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Member Avatar johndoe31 (< 20) Submitted: 10/21/2010 10:36:47 PM : Outperform Start Price: $18.45 SHIP Score: -150.90

the shipping industry,will pick up sooner then most ,think.check trucking & rails which will support this view.watch this stk and prgn

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Member Avatar jed71 (30.10) Submitted: 7/2/2010 3:27:01 PM : Outperform Start Price: $16.80 SHIP Score: -170.42

The market is really giving them no love. This is a spec play on my part, but its fallen so far, I figured why not give an up thumb to this reviled shipper? What could POSSIBLY go wrong? [the name DryShips is ringing in my ears] :)

Book value at .25 times - this seems very cheap. And probably for good reason - they have a pretty substantial debt load ($300MM) and generally speaking, not the greatest balance sheet. BUT... they do have good operating cash flow for their size, and have been able to generate a decent operating profit during a pretty rough macroeconomic period. I could get burned by this, yes, but it's fallen so far, it was too tempting to pass up. We'll see how well it plays out.

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Member Avatar whomonkyoulus (28.55) Submitted: 6/28/2010 6:24:58 AM : Outperform Start Price: $16.80 SHIP Score: -163.31

Looking at last quarter's cash flows, it looks like I can expect at least 7-10 million per quarter in net operating profit. So... Lets say 30 million to be conservative. The market cap is only 70 millionUSD, so that is a P/OP of 2!!!

I like that they are expanding at a time like this, even if I have my doubts about long term demand, because it shows that the management is gaming, gaming in a good way...
I trust that they will do what they think is best for shareholders because insiders hold 60+%!

Results 1 - 5 of 5

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