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Non-Tech : Hvide Marine HMAR - High Growth, Undervalued

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To: SliderOnTheBlack who wrote (379)5/9/1998 10:35:00 AM
From: Wallace Rivers  Read Replies (1) of 547
 
Slider and others on this thread (I may have missed this earlier): the primary concern with HMAR seems to be the debt level. My most recent debt to equity figure for HMAR shows 60/40; for HMAR it is similar at 58/48.
I as well am concerned. Can this be explained away in that this an extremely capital intensive industry with HMAR mgmt. being acquisitive, or am I missing something?
TIA, Wallace
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