TBS International Ltd. (TBSI)

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All Comments on TBSI

  • commenter
    David White
    Jun 24 10:37 AM
    Good News For Dry Bulk Shipping [view article]
    NM just announced that it has agreed to acquire two new Ultra Handymax ships. If the shipping market were going south, the people who know most about it would likely not be investing more money in new ships. They obviously have the opposite viewpoint. Reply
  • commenter
    David White
    Jun 24 10:32 AM
    Good News For Dry Bulk Shipping [view article]
    I should add SBLK has a mean analyst rating of 1.7. Reply
  • commenter
    billf921
    Jun 24 10:31 AM
    Good News For Dry Bulk Shipping [view article]
    one other thing, as higher oil prices ripple thru the economy, a slowdown will happen. this slowdown will lowr dry bulk rates and profits

    you don't want to be in any bulker stock if and when that occurs     Reply
  • commenter
    David White
    Jun 24 10:25 AM
    Good News For Dry Bulk Shipping [view article]
    I should further point out that China is also short of coal at the moment. The above contract settlement (and the hopefully the soon to be done BHP one) may well act as a trigger to new contracts for shipping for coal importation. China defintinitely needs both of these materials for the Olympic build up and for earthquake recovery. Coal prices are currently much higher than 1 year ago. This may be part of the reason for the slowdown in coal importation by China recently. Still it looks like they simply have to have it, so I am expecting more shipping in this area too (very soon). Reply
  • commenter
    David White
    Jun 24 10:14 AM
    Good News For Dry Bulk Shipping [view article]
    hannahoo7: as it so happens a lot of these stocks are listed as good buys by professional analysts. NM has an mean analyst recommendation of 1.8 on Yahoo Finance today. DRYS is listed as a buy by the Street.Com, a strong buy by Ford Equity Research, Long by Market Watch (short term), and a buy by Jaywalk Consensus. I have since bought some options on one of these stocks. I think it has the potential for a good return. The news cited should make the stocks move higher. However, these stocks do tend to be market dependent. If the market goes down dramatically, they are likely to follow, even if the dry bulk situation is improving. The market news last week was extremely bad. There was the Israeli preparation for an attack on Iran. There was the midwest flooding. The Chinese earthquake wasn't too long ago. There was more bad banking news, although GS and MS did better than expected. There are the current California fires. Nigerian oil production has effectively shut down due to rebel attacks. Basically there are a lot of negatives which have driven the market down. If there are no big huge negatives in the market this week, I am expecting a bit of a recovery. This should allow the shipping stocks to move up on the above cited good news. Plus BHP is expected to conclude its negotiations in the very near future. I am guessing within the next 2-3 weeks. These negotiations are often completed by April, so they are already significantly late for this year. This should be further fuel to add to the uptrend. If you look at the charts for these stocks, you also see good technical support at their current levels, so one would expect movement upward soon. DRYS for example is just above its still rising 200 day moving average. One would expect a move upward from here on good news, such as that listed above. Further DRYS has recently become a player in the deep sea drilling arena. This sector has recently been upgraded by analysts (GS among others). DRYS price might benefit to some degree from the momentum in this area. NM was recently hit with disappointing earnings news. It is oversold. The mean recommendation of 1.8 by analysts would tend to make me think they agree with this assessment. Further NM has recently acquired a whole new fleet of small ships in South America. These are slated to begin adding very positively to the bottom line of NM in Q4 of this year. NM should really move up from where it is. Apparently Cramer disagrees with the analysts. Still NM does look like a fundamentally sound stock with excellent upside potential. EXM looks like it should also move up from its 200 day moving average. TBSI has recently announced the acquisitions of 4 ships. This will likely positively effect its bottom line in the near future. It is normally taken as a positive sign. Its mean analyst recommendation is 2.0 (a buy). Still this movement will likely be market dependent as I have said. If you think the markets are going to tank, you may wish to wait to buy. If you think this is just a pump and dump scheme, I think you probably don't know much about Dry Bulk Shipping. Still if that is what you believe, you should just stay away from these stocks. Reply
  • commenter
    billf921
    Jun 24 10:12 AM
    Good News For Dry Bulk Shipping [view article]
    drys is down from 115 to 75 as the ceo has strayed from drybulk to ocean rigs. btw, he grossly overpaid for ocean rigs and dumped the crap to drys public holders.

    secondly, the ceo has no problem issuing himself one million shares worth 75 m.

    third, the ceo private company took long term charters at th public share holders expense

    I cant get over his self serving moves and cashed out a million dollar position.     Reply
  • commenter
    dryboss
    Jun 24 08:41 AM
    Good News For Dry Bulk Shipping [view article]
    The price/free cashflow on these staocks is more compelling than the PE. They will all mint money over the next 2 years. Now we need to see some consolidation in the industry. If consolidation happens pricing power for the surviving entities goes up dramatically. Reply
  • commenter
    Carl Martin
    Jun 24 08:25 AM
    My Website
    Good News For Dry Bulk Shipping [view article]
    If you actually read the article I think you might notice that the statistics are from the day before. Therefore this change should affect all stocks that are affected by Iron ore prices over the next few weeks or months. As the prices went up, what else, it would seem likely that the relevant stock prices would also go up. Unless, of course the markets had already factored the previously unknown prices in. I think the auther has done a good job of informing ordinary investors of a possibly important near term mover of stocks,either up or down. The rest of the information is very thoughtfully presented and offers a good explanation of recent market weakness. The P/E information offers a compelling reason to buy, for some people. Because of the relative lack of rationality in these markets, Dry Bulks often follow the general markets, and lately, that means down. Rationality will return when correct, timely, and relevant market information is available to all for free. That is exactly what the author and this website are trying to achieve. Sometimes I wonder what other people and websites are trying to achieve. Perhaps it not about achievement at all. Failure is also a possibility. It must really hurt to get burned so bad, that a need to burn others arises. In closing I would like to point out that the author dicloses NO OWNERSHIP in the stocks he writes of, though perhaps his wife or mother does. I own DRYS,EXM,GNK,DSX and will likely buy others. Reply
  • commenter
    hannah007
    Jun 24 07:01 AM
    Good News For Dry Bulk Shipping [view article]
    Author quotes the same statistics that every pumper dumper of these stocks does. If you want to get a good feeling for these investments seek professional advice not from here. Reply
  • commenter
    Carl Martin
    Jun 23 11:38 AM
    My Website
    Jim Kingsdale: Selling SQM and Bullish on Dryships [view article]
    A very good and sober article. I'm just not sure that I agree that the future in batteries is already decided. However, I'm not prepared to back up my doubts with any solid arguements at this point. I just thought that there were many different possibilities and more than a few unsolved problems. Long SGM and DRYS and would like to own TBSI. Reply
  • commenter
    Chastain
    Jun 22 04:02 PM
    Jim Kingsdale: Selling SQM and Bullish on Dryships [view article]
    Wondering if anyone has any thoughts about SINO, the China IPO which came out recently. Reply
  • commenter
    thorng2002
    Jun 22 02:05 PM
    Jim Kingsdale: Selling SQM and Bullish on Dryships [view article]
    Demands of lithium has confirmed by GM and Mitsubishi. SQM is a great stock to own now. The PE is about same as POT after Thursday's pull back. I would see up trend is strong.

    Both Mitsubishi and GM will use lithium-ion batteries beause it is lighter and can store more energy than nickel-matal batteries.

    Tests of the lithium-ion batteries to run the Volt have been ``very satisfactory'' and ``very encouraging,'' GM Vice Chairman Robert Lutz said in an interview today in Seattle.     Reply
  • commenter
    thorng2002
    Jun 22 01:38 PM
    Jim Kingsdale: Selling SQM and Bullish on Dryships [view article]
    I think SQM is a great buy after Thursday pullback. Now it's a good entrance point. The demand of lithium has confirmed by Mitsubishi.

    Mitsubishi will equip its all-electric cars with lithium-ion batteries, currently being developed by a venture with battery- maker GS Yuasa Corp. and Mitsubishi Corp. Lithium-ion batteries are lighter and can store more energy than nickel-metal batteries now used in most hybrids.

    www.bloomberg.com/apps...     Reply
  • commenter
    rbblum
    Jun 21 10:40 PM
    Jim Kingsdale: Selling SQM and Bullish on Dryships [view article]
    in short . . . Economou is creating enormous value for both himself and his shareholders; however, a lot of the investment managers not grabbing DRYS at under five time earnings disagree.

    Perhaps Wall Street is quasi-paralyzed by the sub-prime lending debacle and it is the individual who is currently in the enviable position of being agile.     Reply
  • commenter
    Mr. Wynn
    Jun 21 10:32 PM
    Jim Kingsdale: Selling SQM and Bullish on Dryships [view article]
    Kamal, you got it right: FMC is a great way to play the chemical space and ag space as well. Reply

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