Street Smart Investor
Long-term horizon, energy, natural resources, micro-cap

Ocean Yield: A 7.5% Dividend Yielder With Strong Revenue Visibility

(Editor's Note: Investors should be mindful of the risks of transacting in highly illiquid securities such as OYIEF. Ocean Yield's listing on the Oslo Stock Exchange, OCY.OL offers better, albeit limited liquidity.)

Investment Thesis

Ocean Yield (OTCPK: OTCPK:OYIEF), a ship owning company, invests in oil service and industrial shipping assets on long-term charters. Ocean Yield has firm revenue and EBITDA visibility through investment only in assets with long-term charters and this gives safety for dividend seekers. The company has also embarked on an aggressive expansion plan and this should help boost the long-term outlook and valuation. This thesis discusses these positives along with the current valuation and financial flexibility to conclude that Ocean Yield is a good investment with...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details