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Strategies & Market Trends : Value Investing

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To: anializer who wrote (36462)1/14/2010 10:05:51 PM
From: Paul Senior   of 78746
 
GASS. Yeah, I have difficulty understanding some of the numbers they report. Dealing with averages is dangerous. -g-

They say their fleet average is 10.3 yrs. vs. industry average of 19.4 years.

stealthgas.com

As I look further,I see I have a lot more to learn. Like maybe LPG is not the same as LNG. Aieeee.

Anyway, one thing I do like is that MAYBE there won't be a surplus of LPG ships coming on line: (p 17 of the presentation):

stealthgas.com

And for another, p/stated bv is low compared to several other shipping companies: (p. 18 of above presentation)
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