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Strategies & Market Trends : Value Investing

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To: J Mako who wrote (44766)10/2/2011 5:16:44 PM
From: Sergio H   of 78673
 
Hi J Mako.

Thanks for your work.

Just some notes on DSX and the industry:

DSX currently has 14 of its 20 ships under contract and only one ship being built.

Looking at the Baltic Dry Index, rates topped out in 2008 and as your analyses pointed out dipped due to overbuilding even before the economic downturn in 2009. Rates are still way off their peak.
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