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  • Will All Shipping Companies Suffer Equally? [View article]
    Finally -

    www.forbes.com/2008/12...
    Dec 03 22:44 pm |Rating: 0 0 |Link to Comment
  • Will All Shipping Companies Suffer Equally? [View article]
    As the shipping companies cut the divident to "ZERO" and struggle with cash-flow, the investors and speculators will lose interest in shipping sector, shares of all the publically traded shipping companies will drop below one US dollar. Biggest investors - mutual funds would not be allowed to invest in them (due to share price) which will bring in private equity supported by the management.

    Senior management will personally own all the vessels within next 5 years. - management 100 - Share holders - Zero.

    It's same old game from 90's.
    Dec 02 12:35 pm |Rating: +2 0 |Link to Comment
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