fung_derf
4 years ago
I wouldn't have faith in the future P/E number considering all oil tankers are full and not shipping anywhere.
its fleet consisted of four Suezmax crude oil tankers, 21 medium range product tankers, 10 post-panamax container carrier vessels and one Capesize bulk carrier. The Company's vessels are capable of carrying a range of cargoes, including crude oil, refined oil products, such as gasoline, diesel, fuel oil and jet fuel, edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods. Its fleet consists of product tankers, such as Aktoras, Aiolos, Agisilaos, Akeraios and Apostolos; crude tankers, such as Amoureux, Aias, Amore Mio II and Miltiadis M II; drybulk vessels, such as Cape Agamemnon, and container carrier vessels, such as Archimidis, Agamemnon and Hyundai Platinum.
Damenesq
4 years ago
You may be right about the future prospects for this company but it has a really low PE of 5, plenty of cash, orders filled for the rest of the year and most of next year, a completed refinancing of 3 of its vessels in a tight credit market, a stock price history of $10 a year ago, and $13 a share earlier this year.
makinezmoney
6 years ago
$CPLP: NEWS... Stock is about to CRASH... Drug-Smuggling
8:53 ET - Evangelos Marinakis, the founder and chairman of Capital Maritime Trading Corp, which operates more than 70 ships, is charged in Greece with alleged drug trafficking and financing a criminal enterprise. Court officials said Marinakis was charged for involvement in the Noor One tanker case, which was seized in the port of Piraeus in 2014 for smuggling approximately a ton of heroin after a tip by the US Drug Enforcement Agency. Another ton of heroin was later found hidden in an Athens warehouser. Marinakis, who denies the charges, also owns Greek soccer champions Olympiacos FC, English club Nottingham Forest and various Greek media outlets. Capital is traded on the Nasdaq as Capital Product Partners. (costas.paris@wsj.com) (END) Dow Jones Newswires March 26, 2018 08:53 ET (12:53 GMT) Copyright (c) 2018 Dow Jones & Company, Inc.
$CPLP
leftovers
7 years ago
CPLP has been upgraded to a BUY!
Stock is a Buy.
The current technical condition for CPLP is strong and the chart pattern suggests that upward momentum should continue. Over the last 50 trading days, when compared to the S&P 500, the stock has performed in line with the market. The MACD-LT is confirming that the intermediate-term trend is bullish. Chart formation indicates a strong rising trend. Upside momentum, as measured by the 9-day RSI indicator is very strong. The stock is in a short-term overbought condition based on a Slow % K stochastic reading of 80 or higher. Over the last 50 trading sessions, there has been more volume on up days than on down days indicating that CPLP is under accumulation, which is a bullish condition. The stock is trading above a rising 50-day moving average. This validates the strong technical condition for CPLP. The stock is above its 200-day moving average which is pointed up indicating that the intermediate term trend is bullish.