dwot

Demystifying Dry Bulk Shipping: Low P/E Companies That Aren't Properly Valued

These guys have been making a lot of money because of a squeeze in the shipping industry that has allowed them to demand a highly profitable price. Not enough ships -- charge more.

All shippers seem to have more ships on order. There is a global slow down in the economy. Shippers will no longer be price setters and those requiring their services are about to have much more pricing power going forward.

These things are low P/E for a reason.