Value Investing Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Paul Senior	1/14/2010 4:37:16 PM
	Read Replies (2) of 78688

From GASS website: "StealthGas Inc is a provider of international seaborne transportation services to LPG producers and users...StealthGas currently owns 44 LPG carriers." And for whatever consequence this means: "StealthGas ranks number one worldwide in owned vessels in the 3,000 to 8,000 cbm LPG carrier segment which is our strategic focus." I'm guessing and betting the prospects for transporting quantities of natural gas will improve as consumers demand more nat gas. And because large supplies are being discovered and developed in less-developed countries, these producers will want to ship the stuff (in the form of LNG) to where the consumers are. GASS, having the specialized ships, should/could/might prosper. GASS has been profitable every year since public. Not that there's much history to this Greek-based company though. (It was formed in 2004.) LT debt/equity at .82 seems high, although I don't have comparables or know the norms for this specialized shipping business. P/bk at .42 is low (I have to assume) and contributes to my willingness to buy. si.advfn.com^GASS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next