Seanergy Maritime: KGV = 1 bis 1,5 - 500 Beiträge pro Seite

[okosling]

08.02.2010
Emerging Markets Investor

Endingen (aktiencheck.de AG) - Die Experten vom "Emerging Markets Investor" haben die Aktie von Seanergy Maritime Holding (ISIN MHY737601036 / WKN A0M6EH) in ihr Musterdepot aufgenommen.

Der Baltic Dry Index sei mit aktuell knapp 2.700 Punkten immer noch sehr weit von seinem Höchststand bei knapp 12.000 Punkten entfernt. Da Schifffahrtsaktien für gewöhnlich eine hohe Korrelation zum Index aufweisen würden, bestehe dadurch enormes Potenzial nach oben.

Für die Experten sei die griechische Seanergy Maritime Holding ein echter Geheimtipp. Der Titel sei in den zurückliegenden acht Wochen von 4 auf 1,25 USD gesunken. Dabei stehe die Kursentwicklung im Widerspruch zur operativen Entwicklung. So habe die Gesellschaft vor wenigen Tagen eine Finanzierung im Volumen von 30 Mio. USD zum Kauf eines neuen Frachters abgeschlossen. Das Management habe sich an dieser mit 5 Mio. USD beteiligt.

Nach neun Monaten im Geschäftsjahr 2009 seien ein EBITDA von 61 Mio. USD sowie ein Nettogewinn von 33 Mio. USD ausgewiesen worden. Allein in Q3'2009 habe der Nettogewinn 14 Mio. USD betragen. Rechne man diesen auf das Gesamtjahr hoch, käme man zu einem Nettogewinn von 56 Mio. USD. Lege man nun die nach der Aktienplatzierung knapp 50 Mio. Aktien zugrunde, komme man zu einer Marktkapitalisierung von 65 Mio. USD und einem KGV von 1 bis 1,5. Damit sei Seanergy Martime Holding die günstigste Schifffahrtsaktie der Welt.

Die Experten vom "Emerging Markets Investor" haben die Aktie von Seanergy Maritime Holding in ihr Musterdepot aufgenommen. (Ausgabe 03 vom 08.02.2010)

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PR Newswire
ATHENS, March 4, 2010

Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP; SHIP.W) announced today its operating results for the fourth quarter and the year ended December 31, 2009.

Dale Ploughman, the Company's Chief Executive Officer, stated:
"Despite the difficult market conditions we are pleased to report strong results for 2009. These results reflect our strong cash flow, the high fleet utilization and our operational efficiency.

2009 has been a transformational year for Seanergy. We managed to double our controlled fleet from 6 to 11 vessels with the acquisition of BET and we reinforced our capital structure with the conversion of the $28.5 million promissory note, issued in our business combination, into common stock. Recently, we completed an offering of common stock and successfully raised net proceeds of approximately $28 million for vessel acquisitions, expanding our shareholder base and improving the liquidity of our shares.

We are committed to our goal of using the proceeds of the offering to expand our fleet with the proper acquisitions. We are focusing our resources on identifying vessel(s) with a view to maximizing benefits to the Company, as quickly as possible. We have already identified and inspected a couple of vessels which unfortunately have not met our surveyors' expectations. Our decisions aim is to safeguard the long term interests of our shareholders.

We remain positive on the long-term outlook of the dry bulk market, as we expect that demand for core bulk commodities will remain strong. However, in the short term, we expect the market to continue to be volatile as there is uncertainty on the size of the orderbook and the global economic recovery is quite fragile."

Christina Anagnostara, the Company's Chief Financial Officer, stated: "We are pleased to report strong results for 2009 with an average daily TCE, or time charter equivalent rate of $ 32,909 for the year. Our net income margin was approximately 37% of TCE and our free cash flow margin was approximately 59% of TCE.

Our cash reserves as of December 31, 2009 were $63.6 million, reflecting $43.2 million in cash generated from operations. Our strong cash position enables us to meet remaining debt repayments of $22.7 million and anticipated capital expenditures of $3.6 million in 2010. Today, we have $85 million in cash and a healthy balance sheet allowing us to take advantage of market opportunities as they become available.

During the year, we arranged new employment for our fleet and we now have time charter coverage for 95% of our fleet for 2010 and 51% for 2011 providing us with significant cash flow visibility. Therefore, we believe that we are in a very strong position to take advantage of market opportunities to expand our asset base revenue and profitability."

Year ended December 31, 2009 Financial Results

Net Income was $30.1 million, or $1.16 per basic share and $1.00 per diluted share, based on weighted average common shares outstanding of 25,882,967 basic and of 30,529,281 diluted for 2009, as compared to a Net Loss of $32 million in 2008.

Erklärung zu dem Verlust in 2008:
...a vessel impairment loss of $4.5 million and a goodwill impairment loss of $44.8 million in the fourth quarter of 2008.

Link zu dem vollen Bericht:
http://www.your-story.org/seanergy-maritime-holdings-corp-re…

Link zu Seanergy Website:
http://www.seanergymaritime.com/

Bericht gestern auf Smallcap Network:
http://www.smallcapnetwork.com/Breakouts-or-Fakeouts-Looks-a…

[okosling]

Antwort auf Beitrag Nr.: 39.098.337 von okosling am 09.03.10 20:52:50

Jetzt richtig als Link:

Link zu dem vollen Bericht:
http://www.your-story.org/seanergy-maritime-holdings-corp-re…

Link zu Seanergy Website:
http://www.seanergymaritime.com/

Bericht gestern auf Smallcap Network:
http://www.smallcapnetwork.com/Breakouts-or-Fakeouts-Looks-a…

[bragg [KommA]]

Und Schulden bis unters Dach, nicht zu vergessen.

In diesen Zeiten neu in so einen Markt zu starten, da braucht es viel Glauben.

[German2]

über 300 mio$ Schulden.. Cashflow zwar positiv, aber nur ein Ausrutscher und das Ding fährt gegen die Wand.. zu riskant

[bragg [KommA]]

so sieht es aus

[Moehre12]

ek quote 42%. ist soweit absolut über dem durchschnitt. also von einer viel zu hohen verschuldung kann keine rede sein