5 Stocks Poised for Breakouts
05.25.12 | 11:47 AM
WINDERMERE, Fla. (Stockpickr) -- Trading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high, ...
Meeting with CEO of Quintana Marine Transportation
Updated:
03.21.07Views:
User Rating:
0.00/0RATE NOW
Log in to rate this portfolioFollow
Log in to follow
Description:
It is always beneficial to talk to management,even more so in a cyclical commodity-driven industry as marine transportation. In focus here is a meeting with Stamatis Molaris, President & CEO of Quintana Maritime Limited.Key takeaways are:Best Operating cost base in the industry
Competitive daily cash flow break even for 2007: $12,396 (check against peers!!)
Growing ton mile demand as Brazil becomes the choice supplier of iron ore to China
Port constraints in Australia has been cited as a concern and Molaris stressed that it is a problem that will not go away(look out for quality infrastructure plays in Australia)
Remain focused on the iron ore trade, monitoring a good industry source because the commmodity determines charter rates in the dry bulk shipping industry especially for the largest class of vessels, Capesizes, and Panamaxes.
Management is committed to long-term charters, grow its fleet, and maintain a conservative dividend payout policy.
Most Viewed Portfolios
View All
Articles
8 Stocks Soaring on Big Volume
05.25.12 | 01:13 PM
WINDERMERE, Fla. (Stockpickr) -- Professional traders running mutual funds and hedge funds don’t just look at a stock’s price moves; they also ...
Recent Answers
hey divy hero.....give us a peak....what's currently in your portfolio?
2 Answers
05.25.12 | 09:11 PM asked by Michael Morse
Popular Forums
- Livermore's Ghost05.26.12 | 01:20 PM
- Horror Show05.25.12 | 10:47 PM
- OPI05.25.12 | 10:16 PM
- Paper Millionaires Driving Expensive Cars On Shoddy Roads05.25.12 | 10:14 PM
