Author Topic: SSW - Seaspan Corp  (Read 162979 times)

Saluki

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Re: SSW - Seaspan Corp
« Reply #540 on: May 16, 2019, 08:15:52 AM »
This is big news.  Their priority has been restructuring the debt and getting themselves to an investment grade credit rating so they can expand or take advantage of opportunistic acquisitions when they come up.  If this trade war nonsense continues, some other shippers may be willing to unload assets to whoever is sitting around with access to cash.
If it's important, do it every day. If it's not important, don't do it at all.  -Dan Gable


petec

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Re: SSW - Seaspan Corp
« Reply #541 on: May 16, 2019, 09:09:33 AM »
Agreed. I'm not sure the annual interest savings will be huge in the context of the cash flow the company is generating, but the bigger point is the direction of travel is superb and the capital availability if they see opportunities is rising.

walkie518

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Re: SSW - Seaspan Corp
« Reply #542 on: September 09, 2019, 12:02:32 PM »
up nearly 5% on no news other than one new ship? 

not complaining but is there something I'm missing?

Liberty

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Re: SSW - Seaspan Corp
« Reply #543 on: September 09, 2019, 12:55:44 PM »
up nearly 5% on no news other than one new ship? 

not complaining but is there something I'm missing?

Might be because of the rotation going on right now. Anything that has done well in the past year (factor: momentum) is down and most of the things that have done badly (factor: value) are up today.
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kab60

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Re: SSW - Seaspan Corp
« Reply #544 on: September 09, 2019, 01:04:40 PM »
up nearly 5% on no news other than one new ship? 

not complaining but is there something I'm missing?

Might be because of the rotation going on right now. Anything that has done well in the past year (factor: momentum) is down and most of the things that have done badly (factor: value) are up today.
That would explain why my portfolio is (finally) having a blast!

gary17

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Re: SSW - Seaspan Corp
« Reply #545 on: September 09, 2019, 01:07:46 PM »
peanuts compare to fnma LOL

Parsad

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Re: SSW - Seaspan Corp
« Reply #546 on: September 09, 2019, 01:55:59 PM »
up nearly 5% on no news other than one new ship? 

not complaining but is there something I'm missing?

Might be because of the rotation going on right now. Anything that has done well in the past year (factor: momentum) is down and most of the things that have done badly (factor: value) are up today.

Absolutely!  It had to happen eventually and value stocks are benefiting today.  Hopefully, this is a longer-term prognosis!  Cheers!
No man is a failure who has friends!