Star Bulk Carriers Corp. (SBLK)

All Comments on SBLK

  • commenter
    SmartStops
    Oct 11 03:30 PM
    My Website
    A Fresh Look at Shipping Company Stocks [view article]
    Too bad one didn't exit FRO at $64.29 on 7/2/08. FRO now at $31.83. Learn to ALWAYS have your Protective Exit Strategy in place when you invest. One that is intelligent and constantly adjusting to the stock's behavior and overall market conditions. Be smart! Reply
  • commenter
    Whisper On
    The Wind
    Oct 11 06:59 AM
    A Fresh Look at Shipping Company Stocks [view article]
    I have FRO, and am staying with it for now, but would also like to know about OCNF. I picked some up a while back, and it's dropped a bit, so I basically want to know if it's worth waiting or if I should cut my losses and get out now. Instinct tells me to stick it out. Any opinions? Reply
  • commenter
    Elliot
    Miller
    Oct 10 05:20 PM
    A Fresh Look at Shipping Company Stocks [view article]
    I just sold NAT. I like the company and that fact that it has no debt. However, it is entirely dependent upon the spot market and has no long term contracts, and according to everything I read in Lloyds List and the Capital Link Shipping site, tanker rates will be volatile at best and likely to decline sharply. I also just sold Eagle Bulk because of what I view as shareholder-unfriendly behavior. However, I own Star Bulk for the reasons cited in the above article. I also own Sea Span, a container company yielding 16 1/2 %, All of its ships on the water are subject to 10 or 11 year charters with A1 Class charterers and have an average unexpired term of 7 years. Their newbuilds are all subject to 10 year charters effective upon delivery to the charterer (the same ones), and it is shareholder froendly. Reply
  • commenter
    thomas728
    Oct 10 02:57 PM
    A Fresh Look at Shipping Company Stocks [view article]
    New to the shippers.......I was simply looking for high yield and
    stumbled on this group.Long NAT and was near pushing button for
    FRO when the excrement hit the HVAC.
    In normal Market the group has outstanding yields, in this mess
    yields must be the highest you may ever get.

    Good fortune to all and "don't shoot until you see the white of
    their eyes !"

    Tom     Reply
  • commenter
    tankerman
    Oct 10 01:47 PM
    A Fresh Look at Shipping Company Stocks [view article]
    I, too, am a FRO and SFL shareholder. Reinvesting dividends has been key, especially since these stocks have such a high yield. Reply
  • commenter
    notsosmart
    Oct 10 11:12 AM
    My Website
    A Fresh Look at Shipping Company Stocks [view article]
    FRO & NAT have been great.no one has figured out a way to pave over the ocean. Reply
  • commenter
    oilsands
    Oct 10 10:21 AM
    A Fresh Look at Shipping Company Stocks [view article]
    Thanks for the analysis, Tim.
    I have SFL, FRO and DSX. Just bought some OCNF and am very tempted by SBLK. What do you think of OCNF? Did you ever look at MSB? I passed that one up at 6$. One of my major goofs.
    Thanks again.
    Reply
  • commenter
    NEH
    Sep 28 01:45 PM
    Taking a Risk - With 20% Yields [view article]
    I predict massive consolidation going forward in dry-bulk shipping. Some of this will be driven by the commodity companies that are placing orders for ships, and also, I project, snapping up smaller players in the industry. For an example, see Rio Vale (RIO). I agree EXM is one with the power and management to succeed, but this economy is for patient players only. Reply
  • commenter
    davemcc3300
    Sep 27 08:14 PM
    Taking a Risk - With 20% Yields [view article]
    ACAS and EXM are excellent investments with little downside risk and nice payout while you wait for the stock to return. I also like AHR. Reply
  • commenter
    Peppio
    Sep 27 06:15 PM
    My Website
    Taking a Risk - With 20% Yields [view article]
    SBLK goes opposite with fuel cost. If and when fuel goes back to under $3.00, then good chance it'll move up. Reply
  • commenter
    notsosmart
    Sep 27 02:08 PM
    My Website
    Taking a Risk - With 20% Yields [view article]
    FRO &NAT. Reply
  • commenter
    searcher
    Sep 27 01:36 PM
    Taking a Risk - With 20% Yields [view article]
    What tonnage has been announced for construction? What tonnage has been contracted for construction? What tonnage is 'locked in' (financing) for completion and entry onto the market? Numbers, please. Reply
  • commenter
    waldipup
    Sep 27 09:32 AM
    Taking a Risk - With 20% Yields [view article]
    SBLK is being pushed by the Boiler Room guys.

    Cold Calls with "inside info".

    This is always a red flag.

    But I agree that shippers and real estate funds are sectors to scrutinize for strong players that will pay dividends , survive , and prove to be bargains in an eventual turnaround in their respective sectors.     Reply
  • commenter
    Tim Plaehn
    Sep 27 09:14 AM
    My Website
    Taking a Risk - With 20% Yields [view article]
    Belief in a global recession may be very misplaced. The wheels of industry continue to turn in many parts of the globe. Ships ordered years in advance can be canceled and will be as speculators in the business are unable to obtain financing in the current environment. Financially strong players will have the opportunity to pick up vessels as their business demands them. Reply
  • commenter
    The hand
    Sep 27 01:24 AM
    My Website
    Taking a Risk - With 20% Yields [view article]
    the world is entering a recession. do you realize that there are way too many bulk carriers out there? bulk carriers ship commodities. the owners forecast 5 to 10 years in advance of their needs and commission the construction of vessels. the owners cannot stop the construction and the new ships are coming. but they do not need the new ships because recessions cause commodity demand to fall. they then have a price war and a profit squeeze because they need to pay for the new ship.

    i think you get the point - stay away from bulk carriers during a recession.     Reply
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