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.
Non-Tech : Hvide Marine HMAR - High Growth, Undervalued -- Ignore unavailable to you. Want to Upgrade?


To: Don MacNeil who wrote (100)12/24/1997 4:58:00 PM
From: Robert T. Quasius  Read Replies (1) | Respond to of 547
 
Read the earlier post on this thread about day rates.

exchange2000.com

Anyhow, I don't think that the long term earnings growth expectations are based upon ever rising day rates, but based upon the economics of consolidation and the agressive growth strategy of HMAR.

Also, remember that HMAR is not exclusively in the GOM supply boat business. There are now substantial operations in the Middle East, North Sea, and other places. Also, the tugboat business and chemical/petroleum transport businesses. I am still very bullish on this company.