Tsakos Energy Navigation Ltd. (NYSE:TNP)

I finally netted a winner in the shipping industry! Knightsbridge toyed with me in the past year or two, but admittedly I didn't -- and still don't -- know much about the industry. It doesn't look as if charter rates are picking up anytime soon, but if they do get ready for a CAPS multibagger. Could take another 12-24 months to happen, though.

sinking boat

One of the most modern,diversified and environmentally friendly fleets in the world.One of the largest ice-class operators fleet.Two new vessels in the first two quarters of 2013 a new LGN carrier in 2015.Long term contracts with the worlds largest crude companies ( a great dividend).All the LNG from good old USA that is in excess and much cheaper than elsewhere in the world will provide more opportunity for such a company.On the way up off it's 52 week low good cash flow looks very positive for this company.

It has been beaten down a lot and lowered dividend so now I think it is ready todo better with slowly improving tanker sales and contracts for mid and long term

LNG activity. Changes in shipping practices. Stabilization in industry.

buying back shares and far more upside than downside potential from here.

Seems it will come through all the debt crises and shipper issues all right . Holds steady just below $10 and some day will go back to its old price level -- $20-30. Hold 5 years and you'll likely have a tidy cap gain and consistent 7% div. along the way, I believe

TNP is near a 52-week low, having been eroded by turmoil in the oil shipping industry. They have significant forward booking of their vessels into FY12. Freight rates are going up, but they need to cut costs to take full advantage of it. Demand will continue to increase for oil and gas. Competing against short haul and pipelines. Lots of cash, so acquisitions are possible.

buy dally

i'm thinkin $20+

Undervalued: sales and margins are holding steady while they seem to have booked higher costs from expansion. They made another acquisition into Turkey in the current quarter.
P/EFOLIT (earnings from operating-activities less interest and taxes) = 20

I own this stock as of 11/9/10

Drunk.

Looking for a bounce after their decision to sell shares at 11.30. It's an attractive company too, but I mainly like the price I'm getting right now.

52-Week Low, Value Play

Nice turn around story - I hope

Pros:
Selling for 1/2 book value
Fair P/E ratio
Selling for only 1.7 x cash. (Cash per share around $8)
Great dividend (4.5% yield)

Cons:
Sluggish global economy
Greek stock
Problems with the Euro
High Debt

I'm holding for the long term. Hopefully the Euro debt crisis wont negatively effect this stock too much (and we dont lose the dividend).

unfairly beaten down

Price: 15.72
Book: 24.78

Gross margin: ~50%