Value Investor's Edge by J Mintzmyer

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Imminent Dividend Cut At Diana Containerships

DCIX

I warned investors of the apparent overvaluation of Diana Containerships (DCIX) last month when the stock traded at $7 ($6.70 dividend-adj). In my article, I outlined my overall valuation approach and gave DCIX a price target of approximately $4.05. I emphasized that the dividend was not sustaina...

I warned investors of the apparent overvaluation of Diana Containerships (DCIX) last month when the stock traded at $7 ($6.70 dividend-adj). In my article, I outlined my overall valuation approach and gave DCIX a price target of approximately $4.05. I emphasized that the dividend was not sustaina...

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