SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: peter michaelson who wrote (34478)5/15/2009 1:07:19 AM
From: Spekulatius  Read Replies (1) of 78752
 
Peter - you are correct that the value of ships has fallen> I read somewhere that newbuilds are going for 70-80% of the initial prices. That would go a long way explaining the depressed stock prices. On the other hand, some of those companies still have LT charter contracts that have a substantial value in the current environment of depressed prices. That needs to be taken into account as well.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext